Niacinamide Market 2022 Share Booming Rapidly with Recent Trends, Development, Revenue, Demand and Forecast to 2028

According to the report published by Allied Market Research, Global Niacinamide Market Size was Valued at USD 546.08 million in 2021, and is Projected to Garner USD 832.4 million by 2031, witnessing a CAGR of 4.3% from 2022 to 2031.The recent report on "Global Niacinamide Market Report 2021 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2031". The report integrates data regarding the supply and demand situation, Key Growth Factors & Challenges, Segmentation & Regional Outlook, Top Industry Trends & Opportunities, Competition Analysis, Future Impact Analysis & Projected Recovery, and Market Sizing & Forecast period of 2022-2031.

Rising number of this skin-related diseases made the researchers turn their focus toward niacinamide products, thus driving the growth of the global niacinamide market.

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Top Key Players of Niacinamide Market: -

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

Global Niacinamide Market Segmentation -

Based on distribution channel, the drug stores and retail pharmacies segment contributed to more than half of the global dicing tapes market revenue in 2021, and is expected to dominate by 2031. The online pharmacies segment, however, would showcase the fastest CAGR of 5.7% throughout the forecast period.

Based on type, the liquid segment contributed to nearly half of the global niacinamide market revenue in 2021, and is expected to dominate by 2031. The same segment would also showcase the fastest CAGR of 5.0% throughout the forecast period.

Based on application, the cosmeceutical segment garnered nearly three-fifths of the total market revenue in 2021, and is expected to dominate by 2031. The same segment would also project the fastest CAGR of 4.8% throughout the forecast period.

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Based on region, the global niacinamide market across North America generated nearly two-fifths of the total market revenue in 2021, and is anticipated to retain the lion's share by 2031. The Asia-Pacific region, on the other hand, would manifest the fastest CAGR of 6.1% during the forecast period. The other provinces analyzed in the report include LAMEA and Europe.

By Region Outlook

• North America (U.S., Canada, Mexico)

• Europe (UK, France, Germany, Russia, Rest of Europe)

• Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific)

• LAMEA (Latin America, Middle East, Africa)

Table of Content

Chapter - Report Methodology 1

1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP's of Report
1.8. Report Description

Chapter - Global Niacinamide Market Overview: Qualitative Analysis 2

2.1. Market Introduction
2.2. Executive Summary
2.3. Global Niacinamide Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Niacinamide Market: Trends
2.8. Porter's Five Forces Analysis
2.9. Market Attractiveness Analysis

Chapter - Global Niacinamide Market Overview: Quantitative Analysis 3

Chapter - Global Niacinamide Market Analysis: Segmentation By Type 4

Chapter - Global Niacinamide Market Analysis: Segmentation By Application 5

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