Views:16 Author:Site Editor Publish Time: 2021-06-15 Origin:Site
The forecast of NMN’s Market trend in China
Edited by Tina
WHAT IS NMN ?
NMN is the precursor substance of Coenzyme I (NAD+) in the human body. The full name of NMN is "β-Nicotinamide mononucleotide", which participates in the composition of NAD+. NAD+ is an important coenzyme for cell energy conversion, and human NAD+ content will decrease with age, so it is regarded as an important breakthrough in "anti-aging".
The current situation of NMN supplement in China
At present, the Chinese market prohibits the related production and operation of NMN products, but China can engage in the manufacturing of raw materials and production equipment for NMN products. In addition, some companies are engaged in related production and sales of NMN products through overseas investment.
According to public data, the 2020 market share increasd by 34.87% than that of 2019, and the NMN market size trends to be increased sharply in China based on there forecast,and the estimated market size amount to 27 billion CNY( about 4.14 billion dollars),up to 70.25% increase in 2023.
According to relevant well-known clinical medical data, NMN has a variety of pharmacological effects in heart and cerebral ischemia, Alzheimer's disease, type 2 diabetes and obesity caused by diet and age, all of which are related to the lack of NAD+.Therefore,the ingredient of NMN supplement are very popular in the market base on this effect data.