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15-May-2023

Exploring Niacinamide Market 2023: Projected to Witness Substantial Expansion:: CAGR of 4.3% , Report

The niacinamide market size  was valued at $546.08 million in 2021, and is estimated to reach $832.4 million by 2031, growing at a CAGR of 4.3% from 2022 to 2031.

Niacinamide, a derivative of vitamin B3, possesses extensive applications in the pharmaceutical, nutraceutical, and cosmeceutical industries. Its utilization in various dosage forms such as powders, liquids, injections, tablets, and capsules helps prevent vitamin B3 deficiency.

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๐“๐จ๐ฉ ๐Š๐ž๐ฒ Manufactures of Niacinamide ;-

  • Brother Enterprises Holding Co., Ltd
  • Evonik Industries AG
  • Fagron Inc.
  • Foodchem International
  • Glossier
  • Jubilant Life Sciences Limited
  • Koninklijke DSM N.V
  • Lasons India Pvt Ltd
  • Lonza Group
  • Merck KGAA
  • Veer Chemie
  • Vertellus

 

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Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the niacinamide market analysis from 2021 to 2031 to identify the prevailing niacinamide market opportunity.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porterโ€™s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the niacinamide market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global niacinamide market trends, key players, market segments, application areas, and market growth strategies.

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  • Market Size By 2031 โ€“ USD 832.4 Million
  • Growth Rate CAGR of 4.3%
  • Forecast Period 2021 โ€“ 2031
  • Report Pages 315

 

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Last Updated: 15-May-2023