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Request for Real Time Niacin Prices: https://www.procurementresource.com/resource-center/niacin-price-trends/pricerequest
Niacin, also known as nicotinic acid, is a water-soluble vitamin whose derivatives, such as NADH, NAD, NAD+, and NADP, are essential for DNA repair as well as energy metabolism in living cells. Niacin is an organic form of Vitamin B3. It is widely available in both whole and processed foods, with fortified packaged foods, meat, poultry, and red fish like tuna and salmon having the highest concentrations.
Nuts, legumes, and seeds have lower concentrations. In the industrial production process, an excess of nitric acid is used to oxidise 5-ethyl-2-methylpyridine in an aqueous solution to nicotinic acid in a single-tube reactor. The continuous process occurs at a temperature between 230°C and 270 °C.
The main exporters in the market of niacin are India, Mexico, Peru, Russia, Ukraine, Uruguay, and the United States.
Key Details About the Niacin 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 Niacin 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 Niacin Price analysis, pricing database, and chart 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 Niacin Price Trend:
The Niacin price trend is influenced by its industrial applications which include the chemical refining of steel under extreme temperatures, and tin coating in the sulfate bath. Niacin is also employed as a processing aid in food and animal feed.
Key Market Players:
- Acros Organics
- Charkit Chemical Company LLC
- Penta Manufacturing Company
News and Events:
- May 24, 2021: Sol and Nox Supplements from Cellular MD was introduced by Dr. Ronald Moy and Erin, a father-daughter team. Utilising the ideal dosages of Vitamin B3, the Sol and Nox supplements are focused on enhancing the body’s normal cycles of healing and recovery during the day and night. With its portion of vitamin B3, the Sol Supplements provide a start to aid the body’s natural cortisol release and repair tools throughout the day. They also provide additional sun protection with Polypodium Leuctomos Extract. Natural sedatives like valerian root, lemon balm extract, and a small amount of melatonin support the Vitamin B3 in Nox Supplements, helping to promote the body’s circadian cycle.
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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 track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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