Niacin and Niacinamide Market is Expected to Witness a CAGR Value of 5% During Forecast Period 2019-2027

Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the Niacin and Niacinamide Market during the historical period. The study presents a deep-dive assessment of the current growth dynamics, major avenues and key prospect. The insights and analytics on the Niacin and Niacinamide Market span several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.

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Niacin and niacinamide are proven to be advantageous against various diseases including Pellagra, Melanoma, etc. Taking into account severe disorders such as Schizophrenia, these chemicals have provided noticeable results, and researchers are emphasizing on the intake of niacin and niacinamide to fight against Schizophrenia. Schizophrenia is characterized by the combination of perceptual changes such as hallucinations and thought disorders such as delusions. The primary cause of schizophrenia is biochemical imbalance. Schizophrenic toxin is an oxidized derivative of an adrenaline – Adrenochrome. To reduce Adrenochrome production, researchers across the globe are emphasizing on consuming niacinamide (vitamin B3). Previously employed for treating pellagra, a disease that is indistinguishable from schizophrenia, niacinamide comprises of relevant biochemical properties. Oxidized nicotinamide adenine dinucleotide (NAD) and reduced nicotinamide adenine dinucleotide + hydrogen (NADH) forms in a human body comprise of vitamin B3, a precursor of niacinamide. There is enough availability of NAD and NADH support reconversion of oxidized adrenaline to adrenaline. The process continues to occur, and it provides sufficient niacinamide coenzymes. Therefore, provision of vitamin B3 supplements such as niacinamide to all schizophrenic patients, including acute as well as chronic patients, is essential in maintaining a healthy life. The practice further holds potential to provide significant hope of a sustainable life among schizophrenic patients, thereby, necessitating adherence of clinicians to this safe and effective treatment. Such treatments will bring about a paradigm shift in niacin and niacinamide market.

niacin and niacinamide market analysis by regionNiacin Supplementation Complements Milk Production and Reduces Ketosis in Dairy Cattle

The application of niacin and niacinamide for enhancing animal nutrition accounts for ~60% of the market in terms of volume in 2018. Niacin and niacinamide have proven to be beneficial in terms of reducing “Ketosis” in dairy cattle, which help in higher milk production. Several high, milk-producing cattle exhibit borderline ketosis in early lactation. However, high production causes strain on the manifested energy metabolism in elevated blood ketone and reduced blood-glucose levels in these animals. Closely linked with improving energy metabolism, niacin and niacinamide (vitamin B3) represents several benefits for persistence production of milk in dairy cattle. Therapeutic doses are meant to increase milk production, along with alleviated blood changes. According to several lactation trials, cows that are supplemented with niacin are consistently producing relatively more milk with higher fat percentages, albeit with a slight difference. Small doses of niacin supplements during or after peak lactation are expected to prevent physiological symptoms associated with ketosis in dairy cattle.

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The Report Covers Exhaustive Analysis On:

  • Market Segments
  • Market Dynamics
  • Market Size & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

The Niacin and Niacinamide Market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.

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Some important questions that the Niacin and Niacinamide Market report tries to answer exhaustively are: 

  • Key strategic moves by various players in the Niacin and Niacinamide  Market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares
  • Which strategies will enable top players in the Niacin and Niacinamide  Market to expand their geographic footprints
  • Which new business models are expected to change the course of growth of key regional markets in near future
  • Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants
  • Which products segments have in recent years have seen new, lucrative application areas

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