The global Nicotinamide Mononucleotide (NMN) market is forecast to a readjusted size of USD 493.2 million by 2029
Published Date: Monday,29 May,2023
Nicotinamide Mononucleotide (NMN)
The Nicotinamide Mononucleotide (NMN) market covers Content <98%, Content ≥98%, etc. The typical players include GeneHarbor, Herbalmax, Genex Formulas, Shinkowa Pharmaceutical, Maac10 Formulas, etc. Nicotinamide mononucleotide is a nucleotide derived from ribose and nicotinamide. NMN is made from B vitamins in the body, and is a molecule naturally occurring in all life forms.
According to our (Global Info Research) latest study, the global Nicotinamide Mononucleotide (NMN) market size was valued at USD 260.1 million in 2022 and is forecast to a readjusted size of USD 493.2 million by 2029 with a CAGR of 9.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The main global Nicotinamide Mononucleotide (NMN) players include GeneHarbor, Herbalmax, Shinkowa Pharmaceutical, EffePharm, etc. The top four Nicotinamide Mononucleotide (NMN) players account for approximately 83% of the total market. Asia-Pacific is the largest consumer market for Nicotinamide Mononucleotide (NMN), accounting for about 76%, followed by Europe and Americas. In terms of type, Content ≥98% is the largest segment, with a share over 99%. And in terms of application, the largest application is Health Care Products, followed by Cosmetics.
The downstream applications of nicotinamide mononucleotide include health care products and cosmetics. Health products are the largest application market. In 2019, health products accounted for 98% of the total downstream consumption of nicotinamide mononucleotide in global.
This report is a detailed and comprehensive analysis for global Nicotinamide Mononucleotide (NMN) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided
Read More Information:https://www.globalinforesearch.com/reports/993635/nicotinamide-mononucleotide-(nmn)
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