Niacin (Vitamin B3) Industry Research Report 2024

Niacin (Vitamin B3) Industry Research Report 2024


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 valued at US$ million in 2023 and is anticipated to reach 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 report will help the Niacin (Vitamin B3) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Niacin (Vitamin B3) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Niacin (Vitamin B3) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Niacin (Vitamin B3) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Global Market Growth Prospects
2.2.1 Global Niacin (Vitamin B3) Market Size (2019-2030) & (US$ Million)
2.2.2 Global Niacin (Vitamin B3) Sales (2019-2030)
2.2.3 Global Niacin (Vitamin B3) Market Average Price (2019-2030)
2.3 Niacin (Vitamin B3) by Type
2.3.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Pharmaceutical Grade
2.3.3 Feed Grade
2.4 Niacin (Vitamin B3) by Application
2.4.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.4.2 Feed Additives
2.4.3 Food and Drinks Industry
2.4.4 Pharmaceutical Industry
2.4.5 Daily Chemicals
3 Market Competitive Landscape by Manufacturers
3.1 Global Niacin (Vitamin B3) Market Competitive Situation by Manufacturers (2019 Versus 2023)
3.2 Global Niacin (Vitamin B3) Sales (MT) of Manufacturers (2019-2024)
3.3 Global Niacin (Vitamin B3) Revenue of Manufacturers (2019-2024)
3.4 Global Niacin (Vitamin B3) Average Price by Manufacturers (2019-2024)
3.5 Global Niacin (Vitamin B3) Industry Ranking, 2022 VS 2023 VS 2024
3.6 Global Manufacturers of Niacin (Vitamin B3), Manufacturing Sites & Headquarters
3.7 Global Manufacturers of Niacin (Vitamin B3), Product Type & Application
3.8 Global Manufacturers of Niacin (Vitamin B3), Date of Enter into This Industry
3.9 Global Niacin (Vitamin B3) Market CR5 and HHI
3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Lonza
4.1.1 Lonza Company Information
4.1.2 Lonza Business Overview
4.1.3 Lonza Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
4.1.4 Lonza Niacin (Vitamin B3) Product Portfolio
4.1.5 Lonza Recent Developments
4.2 Jubilant Life Sciences
4.2.1 Jubilant Life Sciences Company Information
4.2.2 Jubilant Life Sciences Business Overview
4.2.3 Jubilant Life Sciences Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
4.2.4 Jubilant Life Sciences Niacin (Vitamin B3) Product Portfolio
4.2.5 Jubilant Life Sciences Recent Developments
4.3 Vertellus
4.3.1 Vertellus Company Information
4.3.2 Vertellus Business Overview
4.3.3 Vertellus Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
4.3.4 Vertellus Niacin (Vitamin B3) Product Portfolio
4.3.5 Vertellus Recent Developments
4.4 Brother Enterprises
4.4.1 Brother Enterprises Company Information
4.4.2 Brother Enterprises Business Overview
4.4.3 Brother Enterprises Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
4.4.4 Brother Enterprises Niacin (Vitamin B3) Product Portfolio
4.4.5 Brother Enterprises Recent Developments
4.5 Zhejiang Lanbo Biotechnology
4.5.1 Zhejiang Lanbo Biotechnology Company Information
4.5.2 Zhejiang Lanbo Biotechnology Business Overview
4.5.3 Zhejiang Lanbo Biotechnology Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
4.5.4 Zhejiang Lanbo Biotechnology Niacin (Vitamin B3) Product Portfolio
4.5.5 Zhejiang Lanbo Biotechnology Recent Developments
4.6 Lasons India
4.6.1 Lasons India Company Information
4.6.2 Lasons India Business Overview
4.6.3 Lasons India Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
4.6.4 Lasons India Niacin (Vitamin B3) Product Portfolio
4.6.5 Lasons India Recent Developments
4.7 Vanetta
4.7.1 Vanetta Company Information
4.7.2 Vanetta Business Overview
4.7.3 Vanetta Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
4.7.4 Vanetta Niacin (Vitamin B3) Product Portfolio
4.7.5 Vanetta Recent Developments
4.8 DSM
4.8.1 DSM Company Information
4.8.2 DSM Business Overview
4.8.3 DSM Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
4.8.4 DSM Niacin (Vitamin B3) Product Portfolio
4.8.5 DSM Recent Developments
4.9 Tianjin Zhongrui Pharmaceutical
4.9.1 Tianjin Zhongrui Pharmaceutical Company Information
4.9.2 Tianjin Zhongrui Pharmaceutical Business Overview
4.9.3 Tianjin Zhongrui Pharmaceutical Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
4.9.4 Tianjin Zhongrui Pharmaceutical Niacin (Vitamin B3) Product Portfolio
4.9.5 Tianjin Zhongrui Pharmaceutical Recent Developments
4.10 Resonance Specialties
4.10.1 Resonance Specialties Company Information
4.10.2 Resonance Specialties Business Overview
4.10.3 Resonance Specialties Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
4.10.4 Resonance Specialties Niacin (Vitamin B3) Product Portfolio
4.10.5 Resonance Specialties Recent Developments
5 Global Niacin (Vitamin B3) Market Scenario by Region
5.1 Global Niacin (Vitamin B3) Market Size by Region: 2019 VS 2023 VS 2030
5.2 Global Niacin (Vitamin B3) Sales by Region: 2019-2030
5.2.1 Global Niacin (Vitamin B3) Sales by Region: 2019-2024
5.2.2 Global Niacin (Vitamin B3) Sales by Region: 2025-2030
5.3 Global Niacin (Vitamin B3) Revenue by Region: 2019-2030
5.3.1 Global Niacin (Vitamin B3) Revenue by Region: 2019-2024
5.3.2 Global Niacin (Vitamin B3) Revenue by Region: 2025-2030
5.4 North America Niacin (Vitamin B3) Market Facts & Figures by Country
5.4.1 North America Niacin (Vitamin B3) Market Size by Country: 2019 VS 2023 VS 2030
5.4.2 North America Niacin (Vitamin B3) Sales by Country (2019-2030)
5.4.3 North America Niacin (Vitamin B3) Revenue by Country (2019-2030)
5.4.4 U.S.
5.4.5 Canada
5.5 Europe Niacin (Vitamin B3) Market Facts & Figures by Country
5.5.1 Europe Niacin (Vitamin B3) Market Size by Country: 2019 VS 2023 VS 2030
5.5.2 Europe Niacin (Vitamin B3) Sales by Country (2019-2030)
5.5.3 Europe Niacin (Vitamin B3) Revenue by Country (2019-2030)
5.5.4 Germany
5.5.5 France
5.5.6 U.K.
5.5.7 Italy
5.5.8 Russia
5.6 Asia Pacific Niacin (Vitamin B3) Market Facts & Figures by Country
5.6.1 Asia Pacific Niacin (Vitamin B3) Market Size by Country: 2019 VS 2023 VS 2030
5.6.2 Asia Pacific Niacin (Vitamin B3) Sales by Country (2019-2030)
5.6.3 Asia Pacific Niacin (Vitamin B3) Revenue by Country (2019-2030)
5.6.4 China
5.6.5 Japan
5.6.6 South Korea
5.6.7 India
5.6.8 Australia
5.6.9 China Taiwan
5.6.10 Indonesia
5.6.11 Thailand
5.6.12 Malaysia
5.7 Latin America Niacin (Vitamin B3) Market Facts & Figures by Country
5.7.1 Latin America Niacin (Vitamin B3) Market Size by Country: 2019 VS 2023 VS 2030
5.7.2 Latin America Niacin (Vitamin B3) Sales by Country (2019-2030)
5.7.3 Latin America Niacin (Vitamin B3) Revenue by Country (2019-2030)
5.7.4 Mexico
5.7.5 Brazil
5.7.6 Argentina
5.8 Middle East and Africa Niacin (Vitamin B3) Market Facts & Figures by Country
5.8.1 Middle East and Africa Niacin (Vitamin B3) Market Size by Country: 2019 VS 2023 VS 2030
5.8.2 Middle East and Africa Niacin (Vitamin B3) Sales by Country (2019-2030)
5.8.3 Middle East and Africa Niacin (Vitamin B3) Revenue by Country (2019-2030)
5.8.4 Turkey
5.8.5 Saudi Arabia
5.8.6 UAE
6 Segment by Type
6.1 Global Niacin (Vitamin B3) Sales by Type (2019-2030)
6.1.1 Global Niacin (Vitamin B3) Sales by Type (2019-2030) & (MT)
6.1.2 Global Niacin (Vitamin B3) Sales Market Share by Type (2019-2030)
6.2 Global Niacin (Vitamin B3) Revenue by Type (2019-2030)
6.2.1 Global Niacin (Vitamin B3) Sales by Type (2019-2030) & (US$ Million)
6.2.2 Global Niacin (Vitamin B3) Revenue Market Share by Type (2019-2030)
6.3 Global Niacin (Vitamin B3) Price by Type (2019-2030)
7 Segment by Application
7.1 Global Niacin (Vitamin B3) Sales by Application (2019-2030)
7.1.1 Global Niacin (Vitamin B3) Sales by Application (2019-2030) & (MT)
7.1.2 Global Niacin (Vitamin B3) Sales Market Share by Application (2019-2030)
7.2 Global Niacin (Vitamin B3) Revenue by Application (2019-2030)
7.2.1 Global Niacin (Vitamin B3) Sales by Application (2019-2030) & (US$ Million)
7.2.2 Global Niacin (Vitamin B3) Revenue Market Share by Application (2019-2030)
7.3 Global Niacin (Vitamin B3) Price by Application (2019-2030)
8 Value Chain and Sales Channels Analysis of the Market
8.1 Niacin (Vitamin B3) Value Chain Analysis
8.1.1 Niacin (Vitamin B3) Key Raw Materials
8.1.2 Raw Materials Key Suppliers
8.1.3 Niacin (Vitamin B3) Production Mode & Process
8.2 Niacin (Vitamin B3) Sales Channels Analysis
8.2.1 Direct Comparison with Distribution Share
8.2.2 Niacin (Vitamin B3) Distributors
8.2.3 Niacin (Vitamin B3) Customers
9 Global Niacin (Vitamin B3) Analyzing Market Dynamics
9.1 Niacin (Vitamin B3) Industry Trends
9.2 Niacin (Vitamin B3) Industry Drivers
9.3 Niacin (Vitamin B3) Industry Opportunities and Challenges
9.4 Niacin (Vitamin B3) Industry Restraints
10 Report Conclusion
11 Disclaimer

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