Global Niacin and Niacinamide Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Niacin and Niacinamide Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Niacin and Niacinamide market size was valued at USD 1751 million in 2023 and is forecast to a readjusted size of USD 2176.7 million by 2030 with a CAGR of 3.2% during review period.

Niacin is an organic compound, and considered to be one of the most essential nutrients for humans, as niacin deficiency causes pellagra. Niacinamide, an amide of niacin, is also referred to as nicotinic acid amide or nicotinamide. Niacin and niacinamide are integral components of Vitamin B3, and are often leveraged as supplements interchangeably. These are commonly found in several food products such as meat, fish, beans, eggs, green vegetables, and yeast. Niacin and niacinamide are also sought in various vitamin supplements, particularly in vitamin B-complex supplements.

With the continuous advancement of science and technology, the production technology and processes of niacin and nicotinamide are also constantly improving. In the future, the production cost of niacin and nicotinamide may be further reduced, while the quality and performance of the products may also be improved. In addition, as new technologies continue to emerge, the application areas of niacin and nicotinamide may also be further expanded.

The Global Info Research report includes an overview of the development of the Niacin and Niacinamide industry chain, the market status of Human Nutrition (Powder Niacin and Niacinamide, Granular Niacin and Niacinamide), Pharmaceuticals (Powder Niacin and Niacinamide, Granular Niacin and Niacinamide), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Niacin and Niacinamide.

Regionally, the report analyzes the Niacin and Niacinamide markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Niacin and Niacinamide market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Niacin and Niacinamide market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Niacin and Niacinamide industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Powder Niacin and Niacinamide, Granular Niacin and Niacinamide).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Niacin and Niacinamide market.

Regional Analysis: The report involves examining the Niacin and Niacinamide market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Niacin and Niacinamide market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Niacin and Niacinamide:

Company Analysis: Report covers individual Niacin and Niacinamide manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Niacin and Niacinamide This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Human Nutrition, Pharmaceuticals).

Technology Analysis: Report covers specific technologies relevant to Niacin and Niacinamide. It assesses the current state, advancements, and potential future developments in Niacin and Niacinamide areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Niacin and Niacinamide market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Niacin and Niacinamide market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Powder Niacin and Niacinamide
Granular Niacin and Niacinamide
Liquid Niacin and Niacinamide

Market segment by Application
Human Nutrition
Pharmaceuticals
Animal Nutrition
Cosmeceuticals
Others

Major players covered
Bactolac
BASF
Brother Enterprises
Vanetta
DSM
Evonik
Fagron
Foodchem
Vertellus Specialties
Jubilant Life Sciences
Koninklijke
Lasons India
Zhejiang Lanbo Biotechnology
Lonza
Merck
Vanetta

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Niacin and Niacinamide product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Niacin and Niacinamide, with price, sales, revenue and global market share of Niacin and Niacinamide from 2019 to 2024.

Chapter 3, the Niacin and Niacinamide competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Niacin and Niacinamide breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Niacin and Niacinamide market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Niacin and Niacinamide.

Chapter 14 and 15, to describe Niacin and Niacinamide sales channel, distributors, customers, research findings and conclusion.