Nicotinamide Market Boost with 720.0 million $ Size Forecast to 2024 | Major vendors: Lonza, Jubilant Life Sciences, Vertellus, Brother Enterprises


Posted February 13, 2020 by morerushi

The Nicotinamide Market report spread across number of pages is an overview of the Global Nicotinamide Market Report 2020. The Global Nicotinamide Market is projected to grow at a healthy growth rate from 2020 to 2024 according to new research.

 
Global Nicotinamide Market Synopsis:

The Nicotinamide industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Nicotinamide market size to maintain the average annual growth rate of 0.024677535439 from 540.0 million $ in 2014 to 610.0 million $ in 2018, Market analysts believe that in the next few years, Nicotinamide market size will be further expanded, we expect that by 2024, The market size of the Nicotinamide will reach 720.0 million $.



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The Nicotinamide is also known as niacinamide or vitamin B3, and is an basic vitamin and co-chemicals of co-enzymes in mammals. It is found in limited quantities in fish, meat, milk, mushrooms and nuts and its deficiency in a human body leads to indigestion, weakness, anorexia, irritability, diarrhoea and dementia. Nicotinamide market will boost during the forecast year owing to its use in food products for enhancing the nutritional value. It is most commonly utilized in cereals, bakery products and beverages. Increasing world population and awareness about nutritional value of foods will lead to high growth in the food & beverages industry.

The people are facing booming growth in the incidence of diabetes mellitus, cardiac problems, and vitamin deficiency. For battling these difficulties, cost-effective and complementary therapies are required. Diabetes has now been classified as a vascular disease and the expense of treating and controlling the micro-vascular component is a serious problem, specifically in developing countries.

The detailed segments and sub-segment of the Nicotinamide Market are given below:

1) Product Type Segmentation:

Pharmaceutical Grade
Feed Grade
2) Industry Segmentation:

Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals
3) Region Segmentation:

North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Top Leading player in Global Nicotinamide Market:

Lonza, Jubilant Life Sciences, Vertellus, Brother Enterprises, Zhejiang Lanbo Biotechnology, Lasons India, Vanetta, DSM

Grab your discounted report online with 90 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Nicotinamide Market Report 2020” @ https://www.businessindustryreports.com/check-discount/238642.

Industry news:

Vertellus (12/20/2019)

VERTELLUS EXPANDS NORTH AMERICAN ANHYDRIDES CAPABILITIES WITH ACQUISITION OF BERCEN CHEMICALS

Vertellus announced today that it has acquired Bercen Chemicals, a leading US supplier of alkyl succinic anhydrides and additives used in the fuel, lubricant, and paper industries.

“This acquisition expands the range of products that Vertellus is able to offer to the North American market” said Jim Elliott, General Manager of Vertellus’ Anhydrides & Specialties business. “The acquisition also provides us with a strong foundation to better serve the global fuel and lubricant additives market.”

This acquisition is extremely complementary with Vertellus’ current capabilities and the combined business is better positioned to service global customers. Bercen’s gulf coast location with rail access supports the growing fuel and lube additive market in North America. Pilot facilities will also support the scale-up of new technology, with blending capabilities in Singapore providing a platform to support the growing Asian market.

About Bercen Chemicals

Founded in 1958, Bercen - a division of Cranston Print Works, has provided customers with high quality chemical solutions for more than 60 years. Based in Denham Springs, Louisiana, Bercen supplies maleic anhydride derivatives for paper sizing and other industrial applications.

Significant points in table of contents of Global Nicotinamide Market Report 2020:

1 Nicotinamide Product Definition

2 Global Nicotinamide Market Manufacturer Share and Market Overview

3 Manufacturers Nicotinamide Business Introduction

4 Global Nicotinamide Market Segmentation (Region Level)

5 Global Nicotinamide Market Segmentation (Product Type Level)

6 Global Nicotinamide Market Segmentation (Industry Level)

7 Global Nicotinamide Market Segmentation (Channel Level)

8 Nicotinamide Market Forecasts 2020-2024

9 Nicotinamide Segmentation Product Type

10 Nicotinamide Segmentation Industry

11 Nicotinamide Cost of Production Analysis

12 Conclusions

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Last Updated February 13, 2020