Niacinamide Price Trends & Forecasts | Provided by Procurement Resource

Niacinamide (C6H6N2O) is an amide of nicotinic acid, that is a part of vitamin B group. It is a water-soluble amide, which is commonly known as vitamin B3. The compound is also known as nicotinamide, and the aqueous aminolysis of 3-cyanopyridine and rapid crystallization produces it.

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Niacinamide is a whitish-color powder found in crystalline form. Its boiling point varies around 150-160 °C. It is primarily involved in skin treatments while dealing with various skin problems. It helps block inflammatory actions under the skin, preventing skin acne.

The key importer countries are the United States, Vietnam, and Indonesia. On the other hand, the key exporter countries are India, China, and the United States.

Key Details About the Niacinamide Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Niacinamide price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Niacinamide Price, including India Niacinamide price, USA Niacinamide price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Niacinamide Price Trend:

Niacinamide is a variety of vitamin B3, primarily used for skin treatment. Besides that, it has large-scale applications in the pharmaceutical, cosmeceutical, and nutraceutical industries. It acts as an anti-inflammatory agent and helps in reducing skin inflammation.

Niacinamide helps to improve the deficiency state of vitamin B3 in the body and is essential in related conditions like pellagra. The medical benefits it provides also include treatment of acne, diabetes, cancer, Osteoarthritis, skin discoloration, skin aging, and many more such issues.

Additionally, the following is used in manufacturing cosmetics that contain vitamin B3, such as moisturizers, lotions, face masks, and much more.

Key Players:

  • Lonza DSM
  • Bactolac Pharmaceutical, Inc.
  • Merck KGaA
  • Foodchem International Corporation

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

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