What is the market demand structure for nicotinamide?

Nicotinamide, also known as nicotinamide, is an amide compound of niacin, which is also a form of vitamin B. It is commonly found in a variety of animals and plants.

With the continuous in-depth study of nicotinamide, the application of nicotinamide is expanding, and it plays an important role in the field of cosmetics. Nicotinamide can block the precipitation of melanocytes, promote the metabolism of pigment cells, improve skin epidermal proteins, and also achieve the effect of anti-aging. Because of its significant effect, it is favored in skin care and hair care products, and the market demand is large.

From the current nicotinamide demand structure, the field of feed additives for nicotinamide demand is larger, accounting for 66%, followed by medicine, and cosmetics, accounting for 22%, food field accounting for 10%, reproduction, with the expansion of nicotinamide application field, market demand is rising, the number of production enterprises is also increasing, the industry competition is particularly fierce.

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