Niacinamide, also called nicotinamide, is a form of vitamin B-3, an essential nutrient. A B-3 deficiency can lead to disorders of the skin, kidneys, and brain. Taking niacinamide can help prevent B-3 deficiency. Niacin, also known as nicotinic acid, is an organic compound and is, depending on the definition used, one of the 20 to 80 essential human nutrients. Together with nicotinamide it makes up the group known as Niacin complex. It has the formula C6H5NO2 and belongs to the group of the pyridinecarboxylic acids.

The latest research study released by Market IntelliX evaluates market size and forecasts of Niacinamide in global, including the following market information:

Global Niacinamide Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Niacinamide Market Sales, 2017-2022, 2023-2028, (MT)

Global top five Niacinamide companies in 2021 (%)

The global Niacinamide market was valued at 1080.1 million in 2021 and is projected to reach US$ 1233.4 million by 2028, at a CAGR of 1.9% during the forecast period 2022-2028.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Feed Grade Niacinamide Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Niacinamide include Lonza, Jubilant Life Sciences, Vertellus, Brother Enterprises, Lasons India, Vanetta, DSM, Zhejiang Lanbo Biotechnology and Tianjin Zhongrui Pharmaceutical. etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MI has surveyed the Niacinamide manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Market Segmentations:

Global Niacinamide Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Niacinamide Market Segment Percentages, by Type, 2021 (%)

Feed Grade Niacinamide

Food Grade Niacinamide

Pharmaceutical Grade Niacinamide

Others

Global Niacinamide Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Niacinamide Market Segment Percentages, by Application, 2021 (%)

Feed Additives

Food and Drinks

Pharmaceutical

Daily Chemicals

Others

Global Niacinamide Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Niacinamide Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Niacinamide revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Niacinamide revenues share in global market, 2021 (%)

Key companies Niacinamide sales in global market, 2017-2022 (Estimated), (MT)

Key companies Niacinamide sales share in global market, 2021 (%)

The report presents profiles of competitors in the market Some of the prominent key players covered:

Lonza

Jubilant Life Sciences

Vertellus

Brother Enterprises

Lasons India

Vanetta

DSM

Zhejiang Lanbo Biotechnology

Tianjin Zhongrui Pharmaceutical

Key Takeaways from this Report

Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.

Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.

Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

Analyze the sales and distribution channels across key geographies to improve top-line revenues.

Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

1 Introduction to Research & Analysis Reports

1.1 Niacinamide Market Definition

1.2 Market Segments

1.2.1 Market by Type

1.2.2 Market by Application

1.3 Global Niacinamide Market Overview

1.4 Features & Benefits of This Report

1.5 Methodology & Sources of Information

1.5.1 Research Methodology

1.5.2 Research Process

1.5.3 Base Year

1.5.4 Report Assumptions & Caveats

2 Global Niacinamide Overall Market Size

2.1 Global Niacinamide Market Size: 2021 VS 2028

2.2 Global Niacinamide Revenue, Prospects & Forecasts: 2017-2028

2.3 Global Niacinamide Sales: 2017-2028

3 Company Landscape

3.1 Top Niacinamide Players in Global Market

3.2 Top Global Niacinamide Companies Ranked by Revenue

3.3 Global Niacinamide Revenue by Companies

3.4 Global Niacinamide Sales by Companies

3.5 Global Niacinamide Price by Manufacturer (2017-2022)

3.6 Top 3 and Top 5 Niacinamide Companies in Global Market, by Revenue in 2021

3.7 Global Manufacturers Niacinamide Product Type

3.8 Tier 1, Tier 2 and Tier 3 Niacinamide Players in Global Market

3.8.1 List of Global Tier 1 Niacinamide Companies

3.8.2 List of Global Tier 2 and Tier 3 Niacinamide Companies

4 Sights by Product

4.1 Overview

4.1.1 By Type - Global Niacinamide Market Size Markets, 2021 & 2028

4.1.2 Feed Grade Niacinamide

4.1.3 Food Grade Niacinamide

4.1.4 Pharmaceutical Grade Niacinamide

4.1.5 Others

4.2 By Type - Global Niacinamide Revenue & Forecasts

4.2.1 By Type - Global Niacinamide Revenue, 2017-2022

4.2.2 By Type - Global Niacinamide Revenue, 2023-2028

4.2.3 By Type - Global Niacinamide Revenue Market Share, 2017-2028

4.3 By Type - Global Niacinamide Sales & Forecasts

4.3.1 By Type - Global Niacinamide Sales, 2017-2022

4.3.2 By Type - Global Niacinamide Sales, 2023-2028

4.3.3 By Type - Global Niacinamide Sales Market Share, 2017-2028

4.4 By Type - Global Niacinamide Price (Manufacturers Selling Prices), 2017-2028

5 Sights By Application

5.1 Overview

5.1.1 By Application - Global Niacinamide Market Size, 2021 & 2028

5.1.2 Feed Additives

5.1.3 Food and Drinks

5.1.4 Pharmaceutical

5.1.5 Daily Chemicals

5.1.6 Others

5.2 By Application - Global Niacinamide Revenue & Forecasts

5.2.1 By Application - Global Niacinamide Revenue, 2017-2022

5.2.2 By Application - Global Niacinamide Revenue, 2023-2028

5.2.3 By Application - Global Niacinamide Revenue Market Share, 2017-2028

5.3 By Application - Global Niacinamide Sales & Forecasts

5.3.1 By Application - Global Niacinamide Sales, 2017-2022

5.3.2 By Application - Global Niacinamide Sales, 2023-2028

5.3.3 By Application - Global Niacinamide Sales Market Share, 2017-2028

5.4 By Application - Global Niacinamide Price (Manufacturers Selling Prices), 2017-2028

6 Sights by Region

6.1 By Region - Global Niacinamide Market Size, 2021 & 2028

6.2 By Region - Global Niacinamide Revenue & Forecasts

6.2.1 By Region - Global Niacinamide Revenue, 2017-2022

6.2.2 By Region - Global Niacinamide Revenue, 2023-2028

6.2.3 By Region - Global Niacinamide Revenue Market Share, 2017-2028

6.3 By Region - Global Niacinamide Sales & Forecasts

6.3.1 By Region - Global Niacinamide Sales, 2017-2022

6.3.2 By Region - Global Niacinamide Sales, 2023-2028

6.3.3 By Region - Global Niacinamide Sales Market Share, 2017-2028

6.4 North America

6.4.1 By Country - North America Niacinamide Revenue, 2017-2028

6.4.2 By Country - North America Niacinamide Sales, 2017-2028

6.4.3 US Niacinamide Market Size, 2017-2028

6.4.4 Canada Niacinamide Market Size, 2017-2028

6.4.5 Mexico Niacinamide Market Size, 2017-2028

6.5 Europe

6.5.1 By Country - Europe Niacinamide Revenue, 2017-2028

6.5.2 By Country - Europe Niacinamide Sales, 2017-2028

6.5.3 Germany Niacinamide Market Size, 2017-2028

6.5.4 France Niacinamide Market Size, 2017-2028

6.5.5 U.K. Niacinamide Market Size, 2017-2028

6.5.6 Italy Niacinamide Market Size, 2017-2028

6.5.7 Russia Niacinamide Market Size, 2017-2028

6.5.8 Nordic Countries Niacinamide Market Size, 2017-2028

6.5.9 Benelux Niacinamide Market Size, 2017-2028

6.6 Asia

6.6.1 By Region - Asia Niacinamide Revenue, 2017-2028

6.6.2 By Region - Asia Niacinamide Sales, 2017-2028

6.6.3 China Niacinamide Market Size, 2017-2028

6.6.4 Japan Niacinamide Market Size, 2017-2028

6.6.5 South Korea Niacinamide Market Size, 2017-2028

6.6.6 Southeast Asia Niacinamide Market Size, 2017-2028

6.6.7 India Niacinamide Market Size, 2017-2028

6.7 South America

6.7.1 By Country - South America Niacinamide Revenue, 2017-2028

6.7.2 By Country - South America Niacinamide Sales, 2017-2028

6.7.3 Brazil Niacinamide Market Size, 2017-2028

6.7.4 Argentina Niacinamide Market Size, 2017-2028

6.8 Middle East & Africa

6.8.1 By Country - Middle East & Africa Niacinamide Revenue, 2017-2028

6.8.2 By Country - Middle East & Africa Niacinamide Sales, 2017-2028

6.8.3 Turkey Niacinamide Market Size, 2017-2028

6.8.4 Israel Niacinamide Market Size, 2017-2028

6.8.5 Saudi Arabia Niacinamide Market Size, 2017-2028

6.8.6 UAE Niacinamide Market Size, 2017-2028

7 Manufacturers & Brands Profiles

7.1 Lonza

7.1.1 Lonza Corporate Summary

7.1.2 Lonza Business Overview

7.1.3 Lonza Niacinamide Major Product Offerings

7.1.4 Lonza Niacinamide Sales and Revenue in Global (2017-2022)

7.1.5 Lonza Key News

7.2 Jubilant Life Sciences

7.2.1 Jubilant Life Sciences Corporate Summary

7.2.2 Jubilant Life Sciences Business Overview

7.2.3 Jubilant Life Sciences Niacinamide Major Product Offerings

7.2.4 Jubilant Life Sciences Niacinamide Sales and Revenue in Global (2017-2022)

7.2.5 Jubilant Life Sciences Key News

7.3 Vertellus

7.3.1 Vertellus Corporate Summary

7.3.2 Vertellus Business Overview

7.3.3 Vertellus Niacinamide Major Product Offerings

7.3.4 Vertellus Niacinamide Sales and Revenue in Global (2017-2022)

7.3.5 Vertellus Key News

7.4 Brother Enterprises

7.4.1 Brother Enterprises Corporate Summary

7.4.2 Brother Enterprises Business Overview

7.4.3 Brother Enterprises Niacinamide Major Product Offerings

7.4.4 Brother Enterprises Niacinamide Sales and Revenue in Global (2017-2022)

7.4.5 Brother Enterprises Key News

7.5 Lasons India

7.5.1 Lasons India Corporate Summary

7.5.2 Lasons India Business Overview

7.5.3 Lasons India Niacinamide Major Product Offerings

7.5.4 Lasons India Niacinamide Sales and Revenue in Global (2017-2022)

7.5.5 Lasons India Key News

7.6 Vanetta

7.6.1 Vanetta Corporate Summary

7.6.2 Vanetta Business Overview

7.6.3 Vanetta Niacinamide Major Product Offerings

7.6.4 Vanetta Niacinamide Sales and Revenue in Global (2017-2022)

7.6.5 Vanetta Key News

7.7 DSM

7.7.1 DSM Corporate Summary

7.7.2 DSM Business Overview

7.7.3 DSM Niacinamide Major Product Offerings

7.7.4 DSM Niacinamide Sales and Revenue in Global (2017-2022)

7.7.5 DSM Key News

7.8 Zhejiang Lanbo Biotechnology

7.8.1 Zhejiang Lanbo Biotechnology Corporate Summary

7.8.2 Zhejiang Lanbo Biotechnology Business Overview

7.8.3 Zhejiang Lanbo Biotechnology Niacinamide Major Product Offerings

7.8.4 Zhejiang Lanbo Biotechnology Niacinamide Sales and Revenue in Global (2017-2022)

7.8.5 Zhejiang Lanbo Biotechnology Key News

7.9 Tianjin Zhongrui Pharmaceutical

7.9.1 Tianjin Zhongrui Pharmaceutical Corporate Summary

7.9.2 Tianjin Zhongrui Pharmaceutical Business Overview

7.9.3 Tianjin Zhongrui Pharmaceutical Niacinamide Major Product Offerings

7.9.4 Tianjin Zhongrui Pharmaceutical Niacinamide Sales and Revenue in Global (2017-2022)

7.9.5 Tianjin Zhongrui Pharmaceutical Key News

8 Global Niacinamide Production Capacity, Analysis

8.1 Global Niacinamide Production Capacity, 2017-2028

8.2 Niacinamide Production Capacity of Key Manufacturers in Global Market

8.3 Global Niacinamide Production by Region

9 Key Market Trends, Opportunity, Drivers and Restraints

9.1 Market Opportunities & Trends

9.2 Market Drivers

9.3 Market Restraints

10 Niacinamide Supply Chain Analysis

10.1 Niacinamide Industry Value Chain

10.2 Niacinamide Upstream Market

10.3 Niacinamide Downstream and Clients

10.4 Marketing Channels Analysis

10.4.1 Marketing Channels

10.4.2 Niacinamide Distributors and Sales Agents in Global

11 Conclusion

12 Appendix

12.1 Note

12.2 Examples of Clients

12.3 Disclaimer

List of Tables

Table 1. Key Players of Niacinamide in Global Market

Table 2. Top Niacinamide Players in Global Market, Ranking by Revenue (2021)

Table 3. Global Niacinamide Revenue by Companies, (US$, Mn), 2017-2022

Table 4. Global Niacinamide Revenue Share by Companies, 2017-2022

Table 5. Global Niacinamide Sales by Companies, (MT), 2017-2022

Table 6. Global Niacinamide Sales Share by Companies, 2017-2022

Table 7. Key Manufacturers Niacinamide Price (2017-2022) & (US$/MT)

Table 8. Global Manufacturers Niacinamide Product Type

Table 9. List of Global Tier 1 Niacinamide Companies, Revenue (US$, Mn) in 2021 and Market Share

Table 10. List of Global Tier 2 and Tier 3 Niacinamide Companies, Revenue (US$, Mn) in 2021 and Market Share

Table 11. By Type – Global Niacinamide Revenue, (US$, Mn), 2021 & 2028

Table 12. By Type - Global Niacinamide Revenue (US$, Mn), 2017-2022

Table 13. By Type - Global Niacinamide Revenue (US$, Mn), 2023-2028

Table 14. By Type - Global Niacinamide Sales (MT), 2017-2022

Table 15. By Type - Global Niacinamide Sales (MT), 2023-2028

Table 16. By Application – Global Niacinamide Revenue, (US$, Mn), 2021 & 2028

Table 17. By Application - Global Niacinamide Revenue (US$, Mn), 2017-2022

Table 18. By Application - Global Niacinamide Revenue (US$, Mn), 2023-2028

Table 19. By Application - Global Niacinamide Sales (MT), 2017-2022

Table 20. By Application - Global Niacinamide Sales (MT), 2023-2028

Table 21. By Region – Global Niacinamide Revenue, (US$, Mn), 2021 VS 2028

Table 22. By Region - Global Niacinamide Revenue (US$, Mn), 2017-2022

Table 23. By Region - Global Niacinamide Revenue (US$, Mn), 2023-2028

Table 24. By Region - Global Niacinamide Sales (MT), 2017-2022

Table 25. By Region - Global Niacinamide Sales (MT), 2023-2028

Table 26. By Country - North America Niacinamide Revenue, (US$, Mn), 2017-2022

Table 27. By Country - North America Niacinamide Revenue, (US$, Mn), 2023-2028

Table 28. By Country - North America Niacinamide Sales, (MT), 2017-2022

Table 29. By Country - North America Niacinamide Sales, (MT), 2023-2028

Table 30. By Country - Europe Niacinamide Revenue, (US$, Mn), 2017-2022

Table 31. By Country - Europe Niacinamide Revenue, (US$, Mn), 2023-2028

Table 32. By Country - Europe Niacinamide Sales, (MT), 2017-2022

Table 33. By Country - Europe Niacinamide Sales, (MT), 2023-2028

Table 34. By Region - Asia Niacinamide Revenue, (US$, Mn), 2017-2022

Table 35. By Region - Asia Niacinamide Revenue, (US$, Mn), 2023-2028

Table 36. By Region - Asia Niacinamide Sales, (MT), 2017-2022

Table 37. By Region - Asia Niacinamide Sales, (MT), 2023-2028

Table 38. By Country - South America Niacinamide Revenue, (US$, Mn), 2017-2022

Table 39. By Country - South America Niacinamide Revenue, (US$, Mn), 2023-2028

Table 40. By Country - South America Niacinamide Sales, (MT), 2017-2022

Table 41. By Country - South America Niacinamide Sales, (MT), 2023-2028

Table 42. By Country - Middle East & Africa Niacinamide Revenue, (US$, Mn), 2017-2022

Table 43. By Country - Middle East & Africa Niacinamide Revenue, (US$, Mn), 2023-2028

Table 44. By Country - Middle East & Africa Niacinamide Sales, (MT), 2017-2022

Table 45. By Country - Middle East & Africa Niacinamide Sales, (MT), 2023-2028

Table 46. Lonza Corporate Summary

Table 47. Lonza Niacinamide Product Offerings

Table 48. Lonza Niacinamide Sales (MT), Revenue (US$, Mn) and Average Price (US$/MT) (2017-2022)

Table 49. Jubilant Life Sciences Corporate Summary

Table 50. Jubilant Life Sciences Niacinamide Product Offerings

Table 51. Jubilant Life Sciences Niacinamide Sales (MT), Revenue (US$, Mn) and Average Price (US$/MT) (2017-2022)

Table 52. Vertellus Corporate Summary

Table 53. Vertellus Niacinamide Product Offerings

Table 54. Vertellus Niacinamide Sales (MT), Revenue (US$, Mn) and Average Price (US$/MT) (2017-2022)

Table 55. Brother Enterprises Corporate Summary

Table 56. Brother Enterprises Niacinamide Product Offerings

Table 57. Brother Enterprises Niacinamide Sales (MT), Revenue (US$, Mn) and Average Price (US$/MT) (2017-2022)

Table 58. Lasons India Corporate Summary

Table 59. Lasons India Niacinamide Product Offerings

Table 60. Lasons India Niacinamide Sales (MT), Revenue (US$, Mn) and Average Price (US$/MT) (2017-2022)

Table 61. Vanetta Corporate Summary

Table 62. Vanetta Niacinamide Product Offerings

Table 63. Vanetta Niacinamide Sales (MT), Revenue (US$, Mn) and Average Price (US$/MT) (2017-2022)

Table 64. DSM Corporate Summary

Table 65. DSM Niacinamide Product Offerings

Table 66. DSM Niacinamide Sales (MT), Revenue (US$, Mn) and Average Price (US$/MT) (2017-2022)

Table 67. Zhejiang Lanbo Biotechnology Corporate Summary

Table 68. Zhejiang Lanbo Biotechnology Niacinamide Product Offerings

Table 69. Zhejiang Lanbo Biotechnology Niacinamide Sales (MT), Revenue (US$, Mn) and Average Price (US$/MT) (2017-2022)

Table 70. Tianjin Zhongrui Pharmaceutical Corporate Summary

Table 71. Tianjin Zhongrui Pharmaceutical Niacinamide Product Offerings

Table 72. Tianjin Zhongrui Pharmaceutical Niacinamide Sales (MT), Revenue (US$, Mn) and Average Price (US$/MT) (2017-2022)

Table 73. Niacinamide Production Capacity (MT) of Key Manufacturers in Global Market, 2020-2022 (MT)

Table 74. Global Niacinamide Capacity Market Share of Key Manufacturers, 2020-2022

Table 75. Global Niacinamide Production by Region, 2017-2022 (MT)

Table 76. Global Niacinamide Production by Region, 2023-2028 (MT)

Table 77. Niacinamide Market Opportunities & Trends in Global Market

Table 78. Niacinamide Market Drivers in Global Market

Table 79. Niacinamide Market Restraints in Global Market

Table 80. Niacinamide Raw Materials

Table 81. Niacinamide Raw Materials Suppliers in Global Market

Table 82. Typical Niacinamide Downstream

Table 83. Niacinamide Downstream Clients in Global Market

Table 84. Niacinamide Distributors and Sales Agents in Global Market

List of Figures

Figure 1. Niacinamide Segment by Type

Figure 2. Niacinamide Segment by Application

Figure 3. Global Niacinamide Market Overview: 2021

Figure 4. Key Caveats

Figure 5. Global Niacinamide Market Size: 2021 VS 2028 (US$, Mn)

Figure 6. Global Niacinamide Revenue, 2017-2028 (US$, Mn)

Figure 7. Niacinamide Sales in Global Market: 2017-2028 (MT)

Figure 8. The Top 3 and 5 Players Market Share by Niacinamide Revenue in 2021

Figure 9. By Type - Global Niacinamide Sales Market Share, 2017-2028

Figure 10. By Type - Global Niacinamide Revenue Market Share, 2017-2028

Figure 11. By Type - Global Niacinamide Price (US$/MT), 2017-2028

Figure 12. By Application - Global Niacinamide Sales Market Share, 2017-2028

Figure 13. By Application - Global Niacinamide Revenue Market Share, 2017-2028

Figure 14. By Application - Global Niacinamide Price (US$/MT), 2017-2028

Figure 15. By Region - Global Niacinamide Sales Market Share, 2017-2028

Figure 16. By Region - Global Niacinamide Revenue Market Share, 2017-2028

Figure 17. By Country - North America Niacinamide Revenue Market Share, 2017-2028

Figure 18. By Country - North America Niacinamide Sales Market Share, 2017-2028

Figure 19. US Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 20. Canada Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 21. Mexico Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 22. By Country - Europe Niacinamide Revenue Market Share, 2017-2028

Figure 23. By Country - Europe Niacinamide Sales Market Share, 2017-2028

Figure 24. Germany Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 25. France Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 26. U.K. Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 27. Italy Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 28. Russia Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 29. Nordic Countries Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 30. Benelux Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 31. By Region - Asia Niacinamide Revenue Market Share, 2017-2028

Figure 32. By Region - Asia Niacinamide Sales Market Share, 2017-2028

Figure 33. China Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 34. Japan Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 35. South Korea Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 36. Southeast Asia Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 37. India Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 38. By Country - South America Niacinamide Revenue Market Share, 2017-2028

Figure 39. By Country - South America Niacinamide Sales Market Share, 2017-2028

Figure 40. Brazil Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 41. Argentina Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 42. By Country - Middle East & Africa Niacinamide Revenue Market Share, 2017-2028

Figure 43. By Country - Middle East & Africa Niacinamide Sales Market Share, 2017-2028

Figure 44. Turkey Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 45. Israel Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 46. Saudi Arabia Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 47. UAE Niacinamide Revenue, (US$, Mn), 2017-2028

Figure 48. Global Niacinamide Production Capacity (MT), 2017-2028

Figure 49. The Percentage of Production Niacinamide by Region, 2021 VS 2028

Figure 50. Niacinamide Industry Value Chain

Figure 51. Marketing Channels

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)