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Niacinamide Market

The Niacinamide Market was valued at USD 1.7 billion in 2024 and is projected to reach about USD 3.4 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 9.1% during the forecast period of 2025u20132034.Market growth is driven by the increasing use of niacinamide in cosmetics, pharmaceuticals, nutraceuticals, and food & feed applications, alongside the growing awareness of preventive healthcare and wellness trends. The expansion of personal care and functional food industries worldwide is also contributing significantly to revenue growth.

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Niacinamide Market

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