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

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

Niacinamide, also called nicotinamide, is a form of vitamin B-3, an essential nutrient. A B-3 deficiency can lead to disorders of the skin, kidneys, and brain. Taking niacinamide can help prevent B-3 deficiency. 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 Niacin complex. It has the formula C6H5NO2 and belongs to the group of the pyridinecarboxylic acids.

According to our (Global Info Research) latest study, the global Niacinamide market size was valued at US$ 1104 million in 2023 and is forecast to a readjusted size of USD 1262 million by 2030 with a CAGR of 2.0% during review period.

In the global market, the core manufacturers of niacinamide include Lonza etc, and the top 1 manufacturer accounts for above 50% of the market share. The market include Asia Pacific, Europe and North America, with a share of 38%, 25% and 24%. feed grade accounted for 65% and food grade accounted for 15%. the product is mainly used in feed additives and pharmaceutical industry fields, with a share of 65% and 15%.

This report is a detailed and comprehensive analysis for global Niacinamide market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Niacinamide market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2019-2030

Global Niacinamide market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2019-2030

Global Niacinamide market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2019-2030

Global Niacinamide market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Niacinamide

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Niacinamide market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Lonza, Jubilant Life Sciences, Vertellus, Brother Enterprises, Lasons India, Vanetta, DSM, Zhejiang Lanbo Biotechnology, Tianjin Zhongrui Pharmaceutical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

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. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Feed Grade Niacinamide
Food Grade Niacinamide
Pharmaceutical Grade Niacinamide
Others

Market segment by Application
Feed Additives
Food and Drinks
Pharmaceutical
Daily Chemicals
Others

Major players covered
Lonza
Jubilant Life Sciences
Vertellus
Brother Enterprises
Lasons India
Vanetta
DSM
Zhejiang Lanbo Biotechnology
Tianjin Zhongrui Pharmaceutical

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 Niacinamide product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the 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 by Application, with sales market share and growth rate by Type, by 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 2019 to 2024.and Niacinamide market forecast, by regions, by Type, and by 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 Niacinamide.

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