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Market Analysis and Insights: Global Nicotinamide (NAA) (aka Niacinamide) Market
Niacin, also known as nicotinic acid, is an organic compound and is, depending on the definition used, one of the 20 to 80 essential human nutrients. Together with nicotinamide it makes up the group known as vitamin B3 complex. It has the formula C6H5NO2 and belongs to the group of the pyridinecarboxylic acids.
Due to the COVID-19 pandemic, the global Nicotinamide (NAA) (aka Niacinamide) market size is estimated to be worth US$ 908.8 million in 2022 and is forecast to a readjusted size of US$ 1045.7 million by 2029 with a CAGR of 2.0% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Pharmaceutical Grade accounting for % of the Nicotinamide (NAA) (aka Niacinamide) global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Feed Additives segment is altered to an % CAGR throughout this forecast period.
Global nicotinamide (NAA) (aka niacinamide) main players are Lonza, Jubilant Life Sciences, Vertellus, Brother Enterprises, etc. Global top 1 manufacturer hold a share about 50%. Asia Pacific is the largest market, with a share above 35%.In terms of product, feed grade is the largest segment, with a share over 60%. And in terms of application, the largest application is feed additives.
Global Nicotinamide (NAA) (aka Niacinamide) Scope and Market Size
The global Nicotinamide (NAA) (aka Niacinamide) market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Nicotinamide (NAA) (aka Niacinamide) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Pharmaceutical Grade
Feed Grade
Food Grade
Segment by Application
Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Lonza
Jubilant Life Sciences
Vertellus
Brother Enterprises
Zhejiang Lanbo Biotechnology
Lasons India
Vanetta
DSM
Tianjin Zhongrui Pharmaceutical
Niacin, also known as nicotinic acid, is an organic compound and is, depending on the definition used, one of the 20 to 80 essential human nutrients. Together with nicotinamide it makes up the group known as vitamin B3 complex. It has the formula C6H5NO2 and belongs to the group of the pyridinecarboxylic acids.
Due to the COVID-19 pandemic, the global Nicotinamide (NAA) (aka Niacinamide) market size is estimated to be worth US$ 908.8 million in 2022 and is forecast to a readjusted size of US$ 1045.7 million by 2029 with a CAGR of 2.0% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Pharmaceutical Grade accounting for % of the Nicotinamide (NAA) (aka Niacinamide) global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Feed Additives segment is altered to an % CAGR throughout this forecast period.
Global nicotinamide (NAA) (aka niacinamide) main players are Lonza, Jubilant Life Sciences, Vertellus, Brother Enterprises, etc. Global top 1 manufacturer hold a share about 50%. Asia Pacific is the largest market, with a share above 35%.In terms of product, feed grade is the largest segment, with a share over 60%. And in terms of application, the largest application is feed additives.
Global Nicotinamide (NAA) (aka Niacinamide) Scope and Market Size
The global Nicotinamide (NAA) (aka Niacinamide) market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Nicotinamide (NAA) (aka Niacinamide) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Pharmaceutical Grade
Feed Grade
Food Grade
Segment by Application
Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Lonza
Jubilant Life Sciences
Vertellus
Brother Enterprises
Zhejiang Lanbo Biotechnology
Lasons India
Vanetta
DSM
Tianjin Zhongrui Pharmaceutical
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