Global Vitamin B3 Market Growth 2025-2031
The global Vitamin B3 market size is predicted to grow from US$ 897 million in 2025 to US$ 1194 million in 2031; it is expected to grow at a CAGR of 4.9% from 2025 to 2031.
Global key players of Vitamin B3 include Lonza, Jubilant Pharmova, Vertellus, Brother Enterprises Holding Co., Ltd and Zhejiang Lanbo Biotechnology Co.,Ltd, etc. Top five players occupy for a share about 51%. Europe is the largest market, with a share about 33%, followed by North America and China. In terms of product, Feed Grade is the largest segment, with a share over 67%. In terms of application, Feed Industry is the largest market, with a share over 67%.
LP Information, Inc. (LPI) ' newest research report, the “Vitamin B3 Industry Forecast” looks at past sales and reviews total world Vitamin B3 sales in 2024, providing a comprehensive analysis by region and market sector of projected Vitamin B3 sales for 2025 through 2031. With Vitamin B3 sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vitamin B3 industry.
This Insight Report provides a comprehensive analysis of the global Vitamin B3 landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vitamin B3 portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vitamin B3 market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vitamin B3 and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vitamin B3.
This report presents a comprehensive overview, market shares, and growth opportunities of Vitamin B3 market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Feed Grade Vitamin B3
Medical Grade Vitamin B3
Other Grade Vitamin B3
Segmentation by Application:
Feed
Pharmaceutical
Food
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Lonza
Jubilant Pharmova
Vertellus
Brother Enterprises Holding Co., Ltd.
Lasons India
Mianyang Vanatta Chemical Industrial Company
DSM
Zhejiang Lanbo Biotechnology Co.,Ltd
Tianjin Zhongrui Pharmaceutical Co., Ltd
Key Questions Addressed in this Report
What is the 10-year outlook for the global Vitamin B3 market?
What factors are driving Vitamin B3 market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vitamin B3 market opportunities vary by end market size?
How does Vitamin B3 break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.