Global Pharmaceutical Grade Nicotinamide Mononucleotide Market Research Report 2023

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Global Pharmaceutical Grade Nicotinamide Mononucleotide Market Outlook:

The market outlook for the Global Pharmaceutical Grade Nicotinamide Mononucleotide Market is promising. A recent survey suggests that the global market for Pharmaceutical Grade Nicotinamide Mononucleotide is expected to grow from US$ 519.3 million in 2022 to US$ 635.9 million in 2029, at a Compound Annual Growth Rate (CAGR) of 3.2% during the forecast period from 2023 to 2029. This growth can be attributed to the increasing demand for high-quality pharmaceutical ingredients, the rise in the geriatric population, and the growing prevalence of chronic diseases. However, the high cost of production and stringent regulations may pose challenges to the market growth. NO DATA

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Report Metric	Details
Report Name	Pharmaceutical Grade Nicotinamide Mononucleotide Market
Accounted market size in 2022	US$ 519.3 million
Forecasted market size in 2029	US$ 635.9 million
CAGR	3.2%
Base Year	2022
Forecasted years	2023 - 2029
Segment by Type	Concentration≥98% Concentration＜98%
Segment by Application	Health Products Others
Production by Region	North America Europe China Japan
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	GeneHarbor, Herbalmax, Shinkowa, EffePharm, Mirailab Bioscience, Bangtai Bio, Jindawei, Hongboyuan Life Technology
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends