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Global Niacin and Niacinamide Market to Surpass US$ 1500 Mn by 2026-End, APEJ to Remain an Attractive Market

Press release Description

Albany, New York, May 11, 2018: A new research study titled “Niacin and Niacinamide Market: Global Industry Analysis (2012 – 2016) & Opportunity Assessment (2017 – 2026)” has been added to the research repository of Market Research Reports Search Engine (MRRSE). According to the study, the global niacin and niacinamide market is likely to surpass US$ 1500 Mn by the end of 2026-end.

The report offers detailed insights on the key factors that are impacting demand for niacin and niacinamide globally. An in-depth analysis has been offered on the drivers, restraints, opportunities, and threats for the key stakeholders in the market. The current challenges and impact of regulatory bodies have been studied in detail in the report. The latest trends, developments, and summary of the demand-supply value chain has been compiled in the report for readers.

To give readers detailed information and insights, the report offers analysis and forecast on the basis of key segments. The segment-wise analysis in the report offers a deeper understanding on the lucrative and sluggish avenues in the market. The report has segmented the market on the basis of form and end-use.

According to the research study, Asia Pacific excluding Japan (APEJ) is likely to be the fastest growing market for niacin and niacinamide globally. The growth of the market in APEJ can be attributed to a slew of factors, including broader focus on healthcare, investment in quality services, and overall macroeconomic growth. According to the research study, the APEJ niacin and niacinamide market is likely to witness steady growth over the forecast period.

The research study offers in-depth analysis on the key segments in the market. According to the report, niacin and niacinamide in liquid and granular form is likely to witness fastest growth during the assessment period, however, powdered niacin and niacinamide is likely to account for a higher revenue share of the market.

Demand for niacin and niacinamide in cosmetics and human nutrition is likely to drive the growth of the market during the assessment period. Demand for niacin and niacinamide in animal nutrition is likely to witness steady growth, however, this segment will account for low revenue share of the market.

The market intelligence study also includes a detailed competitive study profiling the business and product strategies of some of the leading players. Some of the key players in the market include Vertellus Specialties Inc., Fagron NV, Jubilant Life Sciences Limited, Foodchem International Corporation, Zhejiang NHU Company Ltd., Brother Enterprises Holding Co., Ltd., Bactolac Pharmaceutical Inc., Evonik Industries AG, BASF SE, Merck KGaA, Koninklijke DSM N.V., and Lonza Group AG.

Browse Full Global Niacin and Niacinamide Market Report with TOC :

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