Global Nicotinamide (NAA) (aka Niacinamide) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Pharmaceutical Grade, Feed Grade, and Other.

By Application;

Feed Additives, Food and Drinks Industry, Pharmaceutical Industry, Daily Chemicals, and Other.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn177519446 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Nicotinamide (NAA) (aka Niacinamide) Market (USD Million), 2021 - 2031

In the year 2024, the Global Nicotinamide (NAA) (aka Niacinamide) Market was valued at USD 728.89 million. The size of this market is expected to increase to USD 1095.98 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.

The global nicotinamide market, also known as niacinamide or NAA (Nicotinamide Adenine Dinucleotide), is experiencing robust growth driven by its widespread applications across various industries. Nicotinamide is a form of vitamin B3, essential for maintaining overall health and well-being. It plays a crucial role in cellular energy production and metabolism, making it a valuable ingredient in pharmaceuticals, cosmetics, food supplements, and animal nutrition.

In the pharmaceutical sector, nicotinamide is recognized for its therapeutic benefits in treating skin conditions like acne, eczema, and hyperpigmentation. Its anti-inflammatory properties and ability to improve skin barrier function have positioned it as a preferred ingredient in dermatological formulations. Moreover, ongoing research explores its potential in managing metabolic disorders and neurological conditions, further expanding its application scope within the healthcare industry.

In the cosmetics industry, nicotinamide is widely utilized in skincare products due to its ability to enhance skin hydration, reduce fine lines and wrinkles, and improve overall skin texture. As consumers increasingly prioritize skincare products with natural and functional ingredients, nicotinamide's versatility and safety profile contribute to its growing popularity among manufacturers and consumers alike.

The food and animal nutrition sectors are witnessing rising demand for nicotinamide due to its role in promoting cellular health and metabolic processes. It is commonly added to dietary supplements and animal feed to support energy metabolism and enhance overall nutritional value.

The global nicotinamide market is poised for continued expansion driven by its multifaceted benefits across diverse industries, coupled with ongoing research and development initiatives aimed at exploring new applications and formulations. As consumer awareness about health and wellness grows, nicotinamide's role in promoting skin health, metabolic balance, and overall vitality ensures its sustained relevance in the global market landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Nicotinamide (NAA) (aka Niacinamide) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing adoption in skincare and dermatology
        2. Growth in dietary supplement usage
        3. Research supporting health benefits
      2. Restraints
        1. Limited awareness in certain regions
        2. Regulatory challenges
        3. Competition from alternative ingredients
      3. Opportunities
        1. Expansion in emerging markets
        2. Innovations in product formulations
        3. Potential for new therapeutic applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Compititive Rivalry
  5. Market Segmentation
    1. Global Nicotinamide (NAA) (aka Niacinamide) Market, By Type, 2021 - 2031 (USD Million)
      1. Pharmaceutical Grade
      2. Feed Grade
      3. Other
    2. Global Nicotinamide (NAA) (aka Niacinamide) Market, By Application, 2021 - 2031 (USD Million)
      1. Feed Additives
      2. Food and Drinks Industry
      3. Pharmaceutical Industry
      4. Daily Chemicals
      5. Other
    3. Global Nicotinamide (NAA) (aka Niacinamide) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Lonza
      2. Jubilant Life Sciences
      3. Vertellus
      4. Brother Enterprises
      5. Zhejiang Lanbo Biotechnology
      6. Lasons India
  7. Analyst Views
  8. Future Outlook of the Market