Nicotinamide is an essential vitamin and a necessary constituent of co-enzymes found in the mammalian systems. It is a type of vitamin B complex which is generally soluble in water. Its deficiency in the human body can often result in weakness, indigestion, lassitude, anorexia, and irritability. As a result, it forms an essential ingredient in the preparation of various food products to enhance the overall nutritional value. It is also extensively utilized in the formulation of cosmetics as a hair- and skin-conditioning agent. Apart from this, nicotinamide is used to treat chronic schizophrenia, diabetes mellitus, and alcoholism.
The global market is majorly driven by the increasing demand for skincare products among the masses. In line with this, the rising demand for cosmeceuticals to treat skin disorders and conditions is significantly contributing to the market. Furthermore, the development of effective anti-aging treatments, wherein nicotinamide is widely used as a pertinent ingredient, is expected to create a positive outlook for the market. Moreover, the widespread awareness among individuals about the consumption of healthy food supplements for boosting metabolism is catalyzing the product demand on the global level. Besides this, several market players are investing in extensive research and development activities to investigate the potential of niacinamide in the treatment and prevention of non-melanoma malignancies, thereby strengthening the market growth. Other factors, including the growing incidences of coronary diseases and diabetes, the decreasing nutritional value of food products, and the significant expansion in food processing and supplements industries, are also providing an impetus to the market across the globe.
This production cost analysis report by Syndicated Analytics is the result of a comprehensive examination of the nicotinamide manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the nicotinamide industry. It is based on the latest economic data and presents exhaustive insights about the primary process flow, raw material requirements, reactions involved, utility costs, operating costs, capital investments, pricing, margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the nicotinamide industry.
The following technical and economic aspects are included in the report:
Impact of COVID-19
Mass Balance and Raw Material Requirements
Various Types of Unit Operations Involved
Raw Material Costs
Land and Construction Costs
Key Questions Answered in This Report?
What are the various unit operations involved in manufacturing nicotinamide?
What are the raw material requirements and costs in manufacturing nicotinamide?
What are the utility requirements and costs in manufacturing nicotinamide?
What are the manpower requirements and costs in manufacturing nicotinamide?
What are the packaging requirements and costs in manufacturing nicotinamide?
What are the transportation requirements and costs in manufacturing nicotinamide?
What are the land requirements and costs in manufacturing nicotinamide?
What are the construction requirements and costs in manufacturing nicotinamide?
What are the profit margins in nicotinamide?
What should be the pricing mechanism of nicotinamide?
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2 Scope and Methodology
2.1 Objectives of the Study
2.3 Research Methodology
3 Executive Summary
4 Global Nicotinamide Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Forecast
4.5 Market Breakup by Segment
4.6 Market Breakup by Region
4.7 Price Trends
4.7.1 Nicotinamide Price Trends
4.7.2 Product Margins
5 Nicotinamide Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Production Cost Analysis
6.1 Raw Material Cost Analysis
6.1.1 Price Trend of Raw Materials Required
6.1.2 Total Expense on Raw Materials
6.2 Utility Cost Analysis
6.2.1 Electricity Costs
6.2.2 Steam Costs
6.2.3 Process Water Costs
6.2.4 Total Expense on Utilities
6.3 Operating Cost Analysis
6.3.1 Salaries and Wages
6.3.2 Plant Overheads
6.3.3 Tax and Insurance
6.3.4 Packaging Costs
6.3.5 Transportation Costs
6.3.6 Sales and Administration Costs
6.3.7 Total Operating Costs
6.4 Capital Cost Analysis
6.4.1 Land and Site Development Costs
6.4.2 Civil Work Costs
6.4.3 Plant Machinery and Commissioning Costs
22.214.171.124 Plant Machinery Costs
126.96.36.199 Auxiliary Equipment Cost
188.8.131.52 Electrical Works and Piping Costs
184.108.40.206 Other Fixed Costs
6.4.4 Working Capital Requirements for Plant Operation
6.4.5 Total Capital Investment Required
6.5 Total Production Cost
7.1 Raw Material Suppliers
7.2 Pant Machinery Suppliers
List of Figures
Figure 1: Global: Nicotinamide Market: Major Drivers and Challenges
Figure 2: Global: Nicotinamide Market: Value Trends (in Million US$), 2016-2021
Figure 3: Global: Nicotinamide Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 4: Global: Nicotinamide Market: Breakup by Segment (in %), 2021
Figure 5: Global: Nicotinamide Market: Breakup by Region (in %), 2021
Figure 6: Nicotinamide: Price Trends, 2016 & 2021
Figure 7: Nicotinamide: Margins Across Various Stages of the Supply Chain
Figure 8: Nicotinamide: Breakup of Costs
Figure 9: Nicotinamide Price Structure
Figure 10: Nicotinamide: Manufacturing Process Flow
Figure 11: Nicotinamide: Manufacturing Process: Conversion Rate of Raw Materials
Figure 12: Nicotinamide: Raw Material Price Trends, 2016 & 2021
List of Tables
Table 1: Nicotinamide Manufacturing: Raw Material Requirements
Table 2: Nicotinamide Manufacturing: Raw Material Costs
Table 3: Nicotinamide Manufacturing: Electricity Costs
Table 4: Nicotinamide Manufacturing: Steam Costs
Table 5: Nicotinamide Manufacturing: Process Water Costs
Table 6: Nicotinamide Manufacturing: Total Utility Costs
Table 7: Nicotinamide Manufacturing Plant: Costs Related to Salaries and Wages
Table 8: Nicotinamide Manufacturing: Packaging Costs
Table 9: Nicotinamide Manufacturing: Transportation Costs
Table 10: Nicotinamide Manufacturing: Sales and Administration Costs
Table 11: Nicotinamide Manufacturing: Total Operating Costs
Table 12: Nicotinamide Manufacturing: Costs Related to Land and Site Development
Table 13: Nicotinamide Manufacturing: Costs Related to Civil Works
Table 14: Nicotinamide Manufacturing: Costs Related to Plant Machinery
Table 15: Nicotinamide Manufacturing: Costs Related to Auxiliary Equipment
Table 16: Nicotinamide Manufacturing: Costs Related to Electrical works and Piping
Table 17: Nicotinamide Manufacturing: Total Costs Related to Plant Machinery and Commissioning
Table 18: Nicotinamide Manufacturing: Working Capital Requirements
Table 19: Nicotinamide Manufacturing: Total Capital Investment Required
Table 20: Nicotinamide Manufacturing: Total Production Cost
Table 21: Nicotinamide Manufacturing: Raw Material Suppliers
Table 22: Nicotinamide Manufacturing: Machinery Suppliers
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