Global Niacin (Vitamin B3) Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Niacin (Vitamin B3) Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

This report studies the Vitamin B3 market, Niacin, also known as nicotinic acid, is an organic compound and is, depending on the definition used, one of the 20 to 80 essential human nutrients. Together with nicotinamide it makes up the group known as vitamin B3 complex. It has the formula C6H5NO2 and belongs to the group of the pyridinecarboxylic acids.

According to APO Research, The global Niacin (Vitamin B3) market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Niacin (Vitamin B3) is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Niacin (Vitamin B3) is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Niacin (Vitamin B3) is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Niacin (Vitamin B3) include Lonza, Jubilant Life Sciences, Vertellus, Brother Enterprises, Zhejiang Lanbo Biotechnology, Lasons India, Vanetta, DSM and Tianjin Zhongrui Pharmaceutical, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Niacin (Vitamin B3), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Niacin (Vitamin B3).
The Niacin (Vitamin B3) market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Niacin (Vitamin B3) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Lonza
Jubilant Life Sciences
Vertellus
Brother Enterprises
Zhejiang Lanbo Biotechnology
Lasons India
Vanetta
DSM
Tianjin Zhongrui Pharmaceutical
Resonance Specialties
Niacin (Vitamin B3) segment by Type

Pharmaceutical Grade
Feed Grade
Niacin (Vitamin B3) segment by Application

Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals
Niacin (Vitamin B3) Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Niacin (Vitamin B3) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Niacin (Vitamin B3) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Niacin (Vitamin B3).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Niacin (Vitamin B3) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Niacin (Vitamin B3) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Niacin (Vitamin B3) Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Niacin (Vitamin B3) Sales Estimates and Forecasts (2019-2030)
1.3 Niacin (Vitamin B3) Market by Type
1.3.1 Pharmaceutical Grade
1.3.2 Feed Grade
1.4 Global Niacin (Vitamin B3) Market Size by Type
1.4.1 Global Niacin (Vitamin B3) Market Size Overview by Type (2019-2030)
1.4.2 Global Niacin (Vitamin B3) Historic Market Size Review by Type (2019-2024)
1.4.3 Global Niacin (Vitamin B3) Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Niacin (Vitamin B3) Sales Breakdown by Type (2019-2024)
1.5.2 Europe Niacin (Vitamin B3) Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Niacin (Vitamin B3) Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Niacin (Vitamin B3) Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Niacin (Vitamin B3) Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Niacin (Vitamin B3) Industry Trends
2.2 Niacin (Vitamin B3) Industry Drivers
2.3 Niacin (Vitamin B3) Industry Opportunities and Challenges
2.4 Niacin (Vitamin B3) Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Niacin (Vitamin B3) Revenue (2019-2024)
3.2 Global Top Players by Niacin (Vitamin B3) Sales (2019-2024)
3.3 Global Top Players by Niacin (Vitamin B3) Price (2019-2024)
3.4 Global Niacin (Vitamin B3) Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Niacin (Vitamin B3) Key Company Manufacturing Sites & Headquarters
3.6 Global Niacin (Vitamin B3) Company, Product Type & Application
3.7 Global Niacin (Vitamin B3) Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Niacin (Vitamin B3) Market CR5 and HHI
3.8.2 Global Top 5 and 10 Niacin (Vitamin B3) Players Market Share by Revenue in 2023
3.8.3 2023 Niacin (Vitamin B3) Tier 1, Tier 2, and Tier 3
4 Niacin (Vitamin B3) Regional Status and Outlook
4.1 Global Niacin (Vitamin B3) Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Niacin (Vitamin B3) Historic Market Size by Region
4.2.1 Global Niacin (Vitamin B3) Sales in Volume by Region (2019-2024)
4.2.2 Global Niacin (Vitamin B3) Sales in Value by Region (2019-2024)
4.2.3 Global Niacin (Vitamin B3) Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Niacin (Vitamin B3) Forecasted Market Size by Region
4.3.1 Global Niacin (Vitamin B3) Sales in Volume by Region (2025-2030)
4.3.2 Global Niacin (Vitamin B3) Sales in Value by Region (2025-2030)
4.3.3 Global Niacin (Vitamin B3) Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Niacin (Vitamin B3) by Application
5.1 Niacin (Vitamin B3) Market by Application
5.1.1 Feed Additives
5.1.2 Food and Drinks Industry
5.1.3 Pharmaceutical Industry
5.1.4 Daily Chemicals
5.2 Global Niacin (Vitamin B3) Market Size by Application
5.2.1 Global Niacin (Vitamin B3) Market Size Overview by Application (2019-2030)
5.2.2 Global Niacin (Vitamin B3) Historic Market Size Review by Application (2019-2024)
5.2.3 Global Niacin (Vitamin B3) Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Niacin (Vitamin B3) Sales Breakdown by Application (2019-2024)
5.3.2 Europe Niacin (Vitamin B3) Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Niacin (Vitamin B3) Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Niacin (Vitamin B3) Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Niacin (Vitamin B3) Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Lonza
6.1.1 Lonza Comapny Information
6.1.2 Lonza Business Overview
6.1.3 Lonza Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Lonza Niacin (Vitamin B3) Product Portfolio
6.1.5 Lonza Recent Developments
6.2 Jubilant Life Sciences
6.2.1 Jubilant Life Sciences Comapny Information
6.2.2 Jubilant Life Sciences Business Overview
6.2.3 Jubilant Life Sciences Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Jubilant Life Sciences Niacin (Vitamin B3) Product Portfolio
6.2.5 Jubilant Life Sciences Recent Developments
6.3 Vertellus
6.3.1 Vertellus Comapny Information
6.3.2 Vertellus Business Overview
6.3.3 Vertellus Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Vertellus Niacin (Vitamin B3) Product Portfolio
6.3.5 Vertellus Recent Developments
6.4 Brother Enterprises
6.4.1 Brother Enterprises Comapny Information
6.4.2 Brother Enterprises Business Overview
6.4.3 Brother Enterprises Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Brother Enterprises Niacin (Vitamin B3) Product Portfolio
6.4.5 Brother Enterprises Recent Developments
6.5 Zhejiang Lanbo Biotechnology
6.5.1 Zhejiang Lanbo Biotechnology Comapny Information
6.5.2 Zhejiang Lanbo Biotechnology Business Overview
6.5.3 Zhejiang Lanbo Biotechnology Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Zhejiang Lanbo Biotechnology Niacin (Vitamin B3) Product Portfolio
6.5.5 Zhejiang Lanbo Biotechnology Recent Developments
6.6 Lasons India
6.6.1 Lasons India Comapny Information
6.6.2 Lasons India Business Overview
6.6.3 Lasons India Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Lasons India Niacin (Vitamin B3) Product Portfolio
6.6.5 Lasons India Recent Developments
6.7 Vanetta
6.7.1 Vanetta Comapny Information
6.7.2 Vanetta Business Overview
6.7.3 Vanetta Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Vanetta Niacin (Vitamin B3) Product Portfolio
6.7.5 Vanetta Recent Developments
6.8 DSM
6.8.1 DSM Comapny Information
6.8.2 DSM Business Overview
6.8.3 DSM Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.8.4 DSM Niacin (Vitamin B3) Product Portfolio
6.8.5 DSM Recent Developments
6.9 Tianjin Zhongrui Pharmaceutical
6.9.1 Tianjin Zhongrui Pharmaceutical Comapny Information
6.9.2 Tianjin Zhongrui Pharmaceutical Business Overview
6.9.3 Tianjin Zhongrui Pharmaceutical Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Tianjin Zhongrui Pharmaceutical Niacin (Vitamin B3) Product Portfolio
6.9.5 Tianjin Zhongrui Pharmaceutical Recent Developments
6.10 Resonance Specialties
6.10.1 Resonance Specialties Comapny Information
6.10.2 Resonance Specialties Business Overview
6.10.3 Resonance Specialties Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Resonance Specialties Niacin (Vitamin B3) Product Portfolio
6.10.5 Resonance Specialties Recent Developments
7 North America by Country
7.1 North America Niacin (Vitamin B3) Sales by Country
7.1.1 North America Niacin (Vitamin B3) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Niacin (Vitamin B3) Sales by Country (2019-2024)
7.1.3 North America Niacin (Vitamin B3) Sales Forecast by Country (2025-2030)
7.2 North America Niacin (Vitamin B3) Market Size by Country
7.2.1 North America Niacin (Vitamin B3) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Niacin (Vitamin B3) Market Size by Country (2019-2024)
7.2.3 North America Niacin (Vitamin B3) Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Niacin (Vitamin B3) Sales by Country
8.1.1 Europe Niacin (Vitamin B3) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Niacin (Vitamin B3) Sales by Country (2019-2024)
8.1.3 Europe Niacin (Vitamin B3) Sales Forecast by Country (2025-2030)
8.2 Europe Niacin (Vitamin B3) Market Size by Country
8.2.1 Europe Niacin (Vitamin B3) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Niacin (Vitamin B3) Market Size by Country (2019-2024)
8.2.3 Europe Niacin (Vitamin B3) Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Niacin (Vitamin B3) Sales by Country
9.1.1 Asia-Pacific Niacin (Vitamin B3) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Niacin (Vitamin B3) Sales by Country (2019-2024)
9.1.3 Asia-Pacific Niacin (Vitamin B3) Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Niacin (Vitamin B3) Market Size by Country
9.2.1 Asia-Pacific Niacin (Vitamin B3) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Niacin (Vitamin B3) Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Niacin (Vitamin B3) Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Niacin (Vitamin B3) Sales by Country
10.1.1 Latin America Niacin (Vitamin B3) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Niacin (Vitamin B3) Sales by Country (2019-2024)
10.1.3 Latin America Niacin (Vitamin B3) Sales Forecast by Country (2025-2030)
10.2 Latin America Niacin (Vitamin B3) Market Size by Country
10.2.1 Latin America Niacin (Vitamin B3) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Niacin (Vitamin B3) Market Size by Country (2019-2024)
10.2.3 Latin America Niacin (Vitamin B3) Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Niacin (Vitamin B3) Sales by Country
11.1.1 Middle East and Africa Niacin (Vitamin B3) Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Niacin (Vitamin B3) Sales by Country (2019-2024)
11.1.3 Middle East and Africa Niacin (Vitamin B3) Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Niacin (Vitamin B3) Market Size by Country
11.2.1 Middle East and Africa Niacin (Vitamin B3) Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Niacin (Vitamin B3) Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Niacin (Vitamin B3) Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Niacin (Vitamin B3) Value Chain Analysis
12.1.1 Niacin (Vitamin B3) Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Niacin (Vitamin B3) Production Mode & Process
12.2 Niacin (Vitamin B3) Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Niacin (Vitamin B3) Distributors
12.2.3 Niacin (Vitamin B3) Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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