Nicotinamide, also known as niacinamide, is a form of vitamin B3. It is a water-soluble vitamin that is essential for the proper functioning of the body. Nicotinamide is a precursor of NAD+ (nicotinamide adenine dinucleotide) and NADP+ (nicotinamide adenine dinucleotide phosphate), which are crucial coenzymes involved in various metabolic processes.