Global Niacin Vitamin B3 Market Research Report 2023(Status and Outlook)


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Global Niacin Vitamin B3 Market Research Report 2023(Status and Outlook)



Report Overview

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.

Global Niacin (Vitamin B3) key players include Lonza, Jubilant Life Sciences, Vertellus, Brother Enterprises, Zhejiang Lanbo Biotechnology, etc. Global top five manufacturers hold a share about 85%. China is the largest market, with a share about 50%, followed by Europe, with a share about 25 percent. In terms of product, Feed Grade is the largest segment, with a share about 90%. And in terms of application, the largest application is Feed Additives, followed by Food and Drinks Industry, Pharmaceutical Industry, Daily Chemicals, etc.

The Global Niacin Vitamin B3 Market Size was estimated at USD 613.00 million in 2022 and is projected to reach USD 539.81 million by 2029, exhibiting a CAGR of -1.80% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Niacin Vitamin B3 market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Niacin Vitamin B3 Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Niacin Vitamin B3 market in any manner.

Global Niacin Vitamin B3 Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Lonza

Jubilant Life Sciences

Vertellus

Brother Enterprises

Zhejiang Lanbo Biotechnology

Lasons India

Vanetta

DSM

Tianjin Zhongrui Pharmaceutical

Resonance Specialties

Market Segmentation (by Type)

Pharmaceutical Grade

Feed Grade

Market Segmentation (by Application)

Arthroplasty

Kyphoplasty

Vertebroplasty

Other Applications

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Niacin Vitamin B3 Market

Overview of the regional outlook of the Niacin Vitamin B3 Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Niacin Vitamin B3
1.2 Key Market Segments
1.2.1 Niacin Vitamin B3 Segment by Type
1.2.2 Niacin Vitamin B3 Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Niacin Vitamin B3 Market Overview
2.1 Global Market Overview
2.1.1 Global Niacin Vitamin B3 Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Niacin Vitamin B3 Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Niacin Vitamin B3 Market Competitive Landscape
3.1 Global Niacin Vitamin B3 Sales by Manufacturers (2018-2023)
3.2 Global Niacin Vitamin B3 Revenue Market Share by Manufacturers (2018-2023)
3.3 Niacin Vitamin B3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Niacin Vitamin B3 Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Niacin Vitamin B3 Sales Sites, Area Served, Product Type
3.6 Niacin Vitamin B3 Market Competitive Situation and Trends
3.6.1 Niacin Vitamin B3 Market Concentration Rate
3.6.2 Global 5 and 10 Largest Niacin Vitamin B3 Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Niacin Vitamin B3 Industry Chain Analysis
4.1 Niacin Vitamin B3 Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Niacin Vitamin B3 Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Niacin Vitamin B3 Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Niacin Vitamin B3 Sales Market Share by Type (2018-2023)
6.3 Global Niacin Vitamin B3 Market Size Market Share by Type (2018-2023)
6.4 Global Niacin Vitamin B3 Price by Type (2018-2023)
7 Niacin Vitamin B3 Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Niacin Vitamin B3 Market Sales by Application (2018-2023)
7.3 Global Niacin Vitamin B3 Market Size (M USD) by Application (2018-2023)
7.4 Global Niacin Vitamin B3 Sales Growth Rate by Application (2018-2023)
8 Niacin Vitamin B3 Market Segmentation by Region
8.1 Global Niacin Vitamin B3 Sales by Region
8.1.1 Global Niacin Vitamin B3 Sales by Region
8.1.2 Global Niacin Vitamin B3 Sales Market Share by Region
8.2 North America
8.2.1 North America Niacin Vitamin B3 Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Niacin Vitamin B3 Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Niacin Vitamin B3 Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Niacin Vitamin B3 Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Niacin Vitamin B3 Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Lonza
9.1.1 Lonza Niacin Vitamin B3 Basic Information
9.1.2 Lonza Niacin Vitamin B3 Product Overview
9.1.3 Lonza Niacin Vitamin B3 Product Market Performance
9.1.4 Lonza Business Overview
9.1.5 Lonza Niacin Vitamin B3 SWOT Analysis
9.1.6 Lonza Recent Developments
9.2 Jubilant Life Sciences
9.2.1 Jubilant Life Sciences Niacin Vitamin B3 Basic Information
9.2.2 Jubilant Life Sciences Niacin Vitamin B3 Product Overview
9.2.3 Jubilant Life Sciences Niacin Vitamin B3 Product Market Performance
9.2.4 Jubilant Life Sciences Business Overview
9.2.5 Jubilant Life Sciences Niacin Vitamin B3 SWOT Analysis
9.2.6 Jubilant Life Sciences Recent Developments
9.3 Vertellus
9.3.1 Vertellus Niacin Vitamin B3 Basic Information
9.3.2 Vertellus Niacin Vitamin B3 Product Overview
9.3.3 Vertellus Niacin Vitamin B3 Product Market Performance
9.3.4 Vertellus Business Overview
9.3.5 Vertellus Niacin Vitamin B3 SWOT Analysis
9.3.6 Vertellus Recent Developments
9.4 Brother Enterprises
9.4.1 Brother Enterprises Niacin Vitamin B3 Basic Information
9.4.2 Brother Enterprises Niacin Vitamin B3 Product Overview
9.4.3 Brother Enterprises Niacin Vitamin B3 Product Market Performance
9.4.4 Brother Enterprises Business Overview
9.4.5 Brother Enterprises Niacin Vitamin B3 SWOT Analysis
9.4.6 Brother Enterprises Recent Developments
9.5 Zhejiang Lanbo Biotechnology
9.5.1 Zhejiang Lanbo Biotechnology Niacin Vitamin B3 Basic Information
9.5.2 Zhejiang Lanbo Biotechnology Niacin Vitamin B3 Product Overview
9.5.3 Zhejiang Lanbo Biotechnology Niacin Vitamin B3 Product Market Performance
9.5.4 Zhejiang Lanbo Biotechnology Business Overview
9.5.5 Zhejiang Lanbo Biotechnology Niacin Vitamin B3 SWOT Analysis
9.5.6 Zhejiang Lanbo Biotechnology Recent Developments
9.6 Lasons India
9.6.1 Lasons India Niacin Vitamin B3 Basic Information
9.6.2 Lasons India Niacin Vitamin B3 Product Overview
9.6.3 Lasons India Niacin Vitamin B3 Product Market Performance
9.6.4 Lasons India Business Overview
9.6.5 Lasons India Recent Developments
9.7 Vanetta
9.7.1 Vanetta Niacin Vitamin B3 Basic Information
9.7.2 Vanetta Niacin Vitamin B3 Product Overview
9.7.3 Vanetta Niacin Vitamin B3 Product Market Performance
9.7.4 Vanetta Business Overview
9.7.5 Vanetta Recent Developments
9.8 DSM
9.8.1 DSM Niacin Vitamin B3 Basic Information
9.8.2 DSM Niacin Vitamin B3 Product Overview
9.8.3 DSM Niacin Vitamin B3 Product Market Performance
9.8.4 DSM Business Overview
9.8.5 DSM Recent Developments
9.9 Tianjin Zhongrui Pharmaceutical
9.9.1 Tianjin Zhongrui Pharmaceutical Niacin Vitamin B3 Basic Information
9.9.2 Tianjin Zhongrui Pharmaceutical Niacin Vitamin B3 Product Overview
9.9.3 Tianjin Zhongrui Pharmaceutical Niacin Vitamin B3 Product Market Performance
9.9.4 Tianjin Zhongrui Pharmaceutical Business Overview
9.9.5 Tianjin Zhongrui Pharmaceutical Recent Developments
9.10 Resonance Specialties
9.10.1 Resonance Specialties Niacin Vitamin B3 Basic Information
9.10.2 Resonance Specialties Niacin Vitamin B3 Product Overview
9.10.3 Resonance Specialties Niacin Vitamin B3 Product Market Performance
9.10.4 Resonance Specialties Business Overview
9.10.5 Resonance Specialties Recent Developments
10 Niacin Vitamin B3 Market Forecast by Region
10.1 Global Niacin Vitamin B3 Market Size Forecast
10.2 Global Niacin Vitamin B3 Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Niacin Vitamin B3 Market Size Forecast by Country
10.2.3 Asia Pacific Niacin Vitamin B3 Market Size Forecast by Region
10.2.4 South America Niacin Vitamin B3 Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Niacin Vitamin B3 by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Niacin Vitamin B3 Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Niacin Vitamin B3 by Type (2024-2029)
11.1.2 Global Niacin Vitamin B3 Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Niacin Vitamin B3 by Type (2024-2029)
11.2 Global Niacin Vitamin B3 Market Forecast by Application (2024-2029)
11.2.1 Global Niacin Vitamin B3 Sales (K MT) Forecast by Application
11.2.2 Global Niacin Vitamin B3 Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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