An international Niacinamide Market report lends a hand to identify how the market is going to perform in the forecast years by providing information about market definition, classifications, applications, and engagements. A complete discussion about numerous market related topics in this market research report is sure to aid the client in studying the market on competitive landscape. This market report spans different segments of the market analysis that today’s business demand. The data and information collected with the research is generally quite a huge and is also in a complex form. However, such intricate market insights are turned into simpler version with the help of proven tools and techniques to provide it to the end users.

Data Bridge Market Research analyses that the niacinamide market which was USD 695.86 million in 2021, would rocket up to USD 934.17 million by 2029, and is expected to undergo a CAGR of 3.75% during the forecast period 2022 to 2029

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Market Overview

Niacinamide is an active form of vitamin B that is required for coenzymes like nictotinamide Adenine Dinucleotide (NAD), NADH, NADP, and NADPH to function. It acts as a powerful conditioning ingredient in skin and hair care products, providing multi-purpose advantages in skin care. Niacinamide also improves the structural integrity of the skin barrier and aids skin homeostasis by boosting lipid component synthesis. Niacinamide has a wrinkle-smoothing impact on ageing skin, prevents photocarcinogenesis, and improves pigmentation problems, which has led to an increase in its use in personal care and cosmeceuticals.

Some of the major players operating in the Niacinamide are:

·       Lonza (Switzerland)

·       DSM (Netherlands)

·       Bactolac Pharmaceutical, Inc. (U.S)

·       Merck KGaA (Germany)

·       BASF SE (Germany)

·       Foodchem International Corporation (China)

·       Evonik Industries AG (Germany)

·       Jubilant Life Sciences Limited (India)

·       Vertellus (U.K)

 

 Niacinamide Scope and Market Size

The Niacinamide market is segmented on the basis of product and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

·       Hemp Seed Oil

·       Hemp Protein Powder

·       Whole Hemp Seed

·       Hulled Hemp Seed

·       Others

Distribution Channel

·       Supermarket Stores

·       Convenience Stores

·       Hypermarket Stores

·       Others

Services

·       Fusion Imaging

·       X-Rays

·       Ultrasound

·       Computed Tomography (CT)

·       Nuclear Medicine

·       Positron Emission Tomography (PET)

·       Magnetic Resonance Imaging (MRI)

·       On the basis of services, the Niacinamide market is segmented into fusion imaging, x-rays, ultrasound, computed tomography (CT), nuclear medicine, positron emission tomography (PET) and magnetic resonance imaging (MRI).

End Use

·       Hospitals

·       Diagnostic Centers

·       Others

 Browse Full Report Along With Facts and Figures @ https://www.databridgemarketresearch.com/reports/global-hemp-based-foods-market

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Niacinamide

Chapter 3: Regional analysis of the Europe Niacinamide industry

Chapter 4: Niacinamide segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

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