Press release
Nicotinamide Mononucleotide (NMN) Market is Estimated to Observe Significant Growth of USD 34.51 billion by Growing Rapidly with Recent Industry Share, Trends, Demand, Key Findings and Forecast to 2029
Nicotinamide Mononucleotide (NMN) Market Overview:Nicotinamide mononucleotide (NMN) is a molecule that exists naturally in all living things. It is a ribonucleotide, which is the nucleic acid RNA's basic structural unit, at the molecular level. A nicotinamide group, a ribose group, and a phosphate group make up the molecule. Because it is a direct precursor of the crucial chemical nicotinamide adenine dinucleotide (NAD+), NMN is essential for boosting NAD+ levels in cells.
The global Nicotinamide Mononucleotide (NMN) market size was valued at USD 210.64 million in 2020, and is projected to reach USD 428.14 million by 2029, growing at a CAGR 8.2% during the forecast period 2022-2029.
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Nicotinamide Mononucleotide (NMN) Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are GeneHarbor, Herbalmax, Genex Formulas, Shinkowa Pharmaceutical, Maac10 Formulas, Bontac, Shandong Sihuan Pharmaceutical, EffePharm, Zhejiang Jiahua Pharmchemicals and Others
Recent Development
NAD+ Precursors NMN and NR Prevent Nerve Fiber Degradation in Diabetes
Jun 7, 2022- Diminished NAD+ levels are restored by nicotinamide riboside (NR) treatment in nerve fibers damaged by diabetes.
Herbalmax® Announces Reinvigorator, The First NMN-Based Enhanced with Herbal Compounds for Metabolic Repair and Healthy Aging
May 18, 2018- Herbalmax®, a pioneer in natural, is excited to introduce its Reinvigorator formula, the first Nicotinamide Mononucleotide (NMN)-based supplement enhanced with synergistic herbal compounds. The Herbalmax® Reinvigorator is an advanced daily supplement designed to enhance cellular repair, metabolic optimization and energy production.
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Nicotinamide Mononucleotide (NMN) Market Segmentation:
NMN Market By Type, 2020-2029, ( USD Million) (Kilotons)
Content Below 98%
Content Above 98%
NMN Market By Application, 2020-2029, (USD Million) (Kilotons)
Health Care Products
Cosmetics
Growth Factors:
Increasing demand from the Nicotinamide Mononucleotide (NMN) industries
The growing use of Nicotinamide Mononucleotide (NMN) in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Nicotinamide Mononucleotide (NMN) Market
Nicotinamide Mononucleotide (NMN) Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Key Nicotinamide Mononucleotide (NMN) Market Trends
- The report identifies, determines, and forecasts the Global Nicotinamide Mononucleotide (NMN) Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Nicotinamide Mononucleotide (NMN) Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the Nicotinamide Mononucleotide (NMN) Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Nicotinamide Mononucleotide (NMN) Market.
Frequently Asked Questions
What are the challenges for the Nicotinamide mononucleotide (NMN) market created by the outbreak of the global pandemic?
What are the drivers that are shaping the Nicotinamide mononucleotide (NMN) market?
What are the top opportunities that are currently ruling the market?
What are the segments of the Nicotinamide mononucleotide (NMN) market that are given in the report?
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