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Nicotinic Acid Market is Estimated to Grow at a CAGR of 3.5% within the forecast period of 2023-2030: Cognitive Market Research
Nicotinic Acid Market is Estimated to Grow at a CAGR of 3.5% within the forecast period of 2023-2030: Cognitive Market Research
Nicotinic acid, also known as niacin or vitamin B3, is an essential water-soluble vitamin that plays a key role in many metabolic processes in the body. It found naturally in some foods, added to foods, and sold as a supplement. The two most common forms of niacin in food and supplements are nicotinic acid and nicotinamide.
Summary
Global Nicotinic Acid Market is Expected to Grow at 3.5% CAGR from 2023 to 2030.
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Nicotinic Acid Market Dynamics
Niacin deficiency can lead to a condition known as pellagra, which is characterized by symptoms such as skin rashes, diarrhea, and cognitive impairment. Vitamins help to support the body's ability to make and break down natural compounds (metabolism) needed for good health. Increasing demand of nicotinic acid for medical applications expected to drive the growth of the nicotinic acid market.
Global Nicotinic Acid Market Segmentation
By Type
• Pharmaceutical Grade
• Feed Grade
By Application
• Feed Additives
• Food and Drinks Industry
• Pharmaceutical Industry
• Daily Chemicals
Competitive Analysis for Nicotinic Acid Market
TCI Chemicals (India) Pvt. Ltd., Lonza Group Ltd, Jubilant Life Sciences, Koninklijke DSM N.V., Resonance Specialties Limited, Vertellus Holdings LLC, Zhejiang Lanbo Biotechnology Co Ltd., Lasons India Pvt. Ltd.
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Regional Analysis of Nicotinic Acid Market
Geographically, the global market is divided into North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. North America region is further bifurcated into U.S., Canada, Mexico. The Europe region is further characterized into U.K., France, Germany, and Rest of Europe. Asia Pacific is further divided into China, Japan, India, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, and Rest of Latin America. Middle East & Africa region covers the UAE, South Africa, and Rest of MEA. North America hold significant share of the total market due to increased awareness about heart disease in the region.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Nicotinic Acid Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Nicotinic Acid Market Overview
• 4.1 Introduction
• 4.2 Global Nicotinic Acid Market Statistics by Regions (2018-2030)
4.2.1 North America Nicotinic Acid Status and Prospect (2018-2030)
4.2.2 Europe Nicotinic Acid Status and Prospect (2018-2030)
4.2.3 Asia Pacific Nicotinic Acid Status and Prospect (2018-2030)
4.2.4 Latin America Nicotinic Acid Status and Prospect (2018-2030)
4.2.5 Middle East and Africa Nicotinic Acid Status and Prospect (2018-2030)
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Nicotinic Acid Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Nicotinic Acid Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Nicotinic Acid Market by Form Segmentation Analysis (2018-2030)
Chapter 11 Global Nicotinic Acid Market Regional Analysis
Chapter 12 North America Nicotinic Acid Market Outlook (2018 - 2030)
Chapter 13 Europe Nicotinic Acid Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Nicotinic Acid Market Outlook (2018 - 2030)
Chapter 15 Latin America Nicotinic Acid Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Nicotinic Acid Market Outlook (2018 - 2030)
Chapter 17 Research Findings
To know more Nicotinic Acid Market TOC click here: https://www.cognitivemarketresearch.com/nicotinic-acid-market-report#table_of_contents
Related Report:
• 6 Mercaptonicotinic Acid Market- https://www.cognitivemarketresearch.com/6-mercaptonicotinic-acid-market-report
• 2 Chloronicotinic Acid Market- https://www.cognitivemarketresearch.com/2-chloronicotinic-acid-market-report
• 6 Mercaptonicotinic Acid CAS 17624 07 6 Market- https://www.cognitivemarketresearch.com/6-mercaptonicotinic-acid-cas-17624-07-6-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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