The global niacin and niacinamide market size is calculated at USD 1,766 million in 2024 and is predicted to reach around USD 2,467 million by 2034, expanding at a CAGR of 3.4% from 2024 to 2034.
The niacin and niacinamide market is about two forms of Vitamin B3 that are widely used for their health and skincare benefits. Niacin is known for its positive effects on heart health, helping to lower cholesterol levels and improve circulation. Niacinamide, on the other hand, is a famous ingredient in skincare products because it helps reduce inflammation, soothe skin irritation, and improve the overall texture of skin. As more people become aware of the health and beauty benefits of niacin and niacinamide ingredients, the demand for the same is growing across various industries.
Negative side effects could result from using niacinamide at excessive dosages or without consideration for cases of moderate illnesses. As a result, it is anticipated that the rise in adverse effects brought on by inaccurate information and other unfavorable side effects would limit the growth of niacinamide demand. The niacin and niacinamide market is booming as more people turn to vitamins and skincare solutions that supports their well-being. As interest in natural health and beauty products rises, these two forms of Vitamin B3 will continue to grow in popularity, with more people discovering their many benefits for both health and beauty.
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| Stats ID: | 7862 |
| Format: | Databook |
| Published: | January 2025 |
| Price | US$ 1550 |
Immediate Delivery
| Stats ID: | 7862 |
| Format: | Databook |
| Published: | January 2025 |
| Price | US$ 1550 |
Immediate Delivery
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