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Global Niacin (Vitamin B3) Market Research Report 2024
Synopsis
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.
The global Niacin (Vitamin B3) market was valued at US$ 652 million in 2023 and is anticipated to reach US$ 573.3 million by 2030, witnessing a CAGR of -1.8% during the forecast period 2024-2030.
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.
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).
Report Scope
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.
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.
Market Segmentation
By Company
Lonza
Jubilant Life Sciences
Vertellus
Brother Enterprises
Zhejiang Lanbo Biotechnology
Lasons India
Vanetta
DSM
Tianjin Zhongrui Pharmaceutical
Resonance Specialties
Segment by Type
Pharmaceutical Grade
Feed Grade
Segment by Application
Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by 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 2: Detailed analysis of Niacin (Vitamin B3) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue 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 market size of each country in the world.
Chapter 4: 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 5: 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 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: The main points and conclusions of the report.
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.
The global Niacin (Vitamin B3) market was valued at US$ 652 million in 2023 and is anticipated to reach US$ 573.3 million by 2030, witnessing a CAGR of -1.8% during the forecast period 2024-2030.
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.
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).
Report Scope
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.
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.
Market Segmentation
By Company
Lonza
Jubilant Life Sciences
Vertellus
Brother Enterprises
Zhejiang Lanbo Biotechnology
Lasons India
Vanetta
DSM
Tianjin Zhongrui Pharmaceutical
Resonance Specialties
Segment by Type
Pharmaceutical Grade
Feed Grade
Segment by Application
Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by 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 2: Detailed analysis of Niacin (Vitamin B3) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue 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 market size of each country in the world.
Chapter 4: 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 5: 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 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: The main points and conclusions of the report.
Index1 Niacin (Vitamin B3) Market Overview
1.1 Product Overview and Scope of Niacin (Vitamin B3)
1.2 Niacin (Vitamin B3) Segment by Type
1.2.1 Global Niacin (Vitamin B3) Market Value Comparison by Type (2024-2030)
1.2.2 Pharmaceutical Grade
1.2.3 Feed Grade
1.3 Niacin (Vitamin B3) Segment by Application
1.3.1 Global Niacin (Vitamin B3) Market Value by Application: (2024-2030)
1.3.2 Feed Additives
1.3.3 Food and Drinks Industry
1.3.4 Pharmaceutical Industry
1.3.5 Daily Chemicals
1.4 Global Niacin (Vitamin B3) Market Size Estimates and Forecasts
1.4.1 Global Niacin (Vitamin B3) Revenue 2019-2030
1.4.2 Global Niacin (Vitamin B3) Sales 2019-2030
1.4.3 Global Niacin (Vitamin B3) Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Niacin (Vitamin B3) Market Competition by Manufacturers
2.1 Global Niacin (Vitamin B3) Sales Market Share by Manufacturers (2019-2024)
2.2 Global Niacin (Vitamin B3) Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Niacin (Vitamin B3) Average Price by Manufacturers (2019-2024)
2.4 Global Niacin (Vitamin B3) Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Niacin (Vitamin B3), Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Niacin (Vitamin B3), Product Type & Application
2.7 Niacin (Vitamin B3) Market Competitive Situation and Trends
2.7.1 Niacin (Vitamin B3) Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Niacin (Vitamin B3) Players Market Share by Revenue
2.7.3 Global Niacin (Vitamin B3) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Niacin (Vitamin B3) Retrospective Market Scenario by Region
3.1 Global Niacin (Vitamin B3) Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Niacin (Vitamin B3) Global Niacin (Vitamin B3) Sales by Region: 2019-2030
3.2.1 Global Niacin (Vitamin B3) Sales by Region: 2019-2024
3.2.2 Global Niacin (Vitamin B3) Sales by Region: 2025-2030
3.3 Global Niacin (Vitamin B3) Global Niacin (Vitamin B3) Revenue by Region: 2019-2030
3.3.1 Global Niacin (Vitamin B3) Revenue by Region: 2019-2024
3.3.2 Global Niacin (Vitamin B3) Revenue by Region: 2025-2030
3.4 North America Niacin (Vitamin B3) Market Facts & Figures by Country
3.4.1 North America Niacin (Vitamin B3) Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Niacin (Vitamin B3) Sales by Country (2019-2030)
3.4.3 North America Niacin (Vitamin B3) Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Niacin (Vitamin B3) Market Facts & Figures by Country
3.5.1 Europe Niacin (Vitamin B3) Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Niacin (Vitamin B3) Sales by Country (2019-2030)
3.5.3 Europe Niacin (Vitamin B3) Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Niacin (Vitamin B3) Market Facts & Figures by Country
3.6.1 Asia Pacific Niacin (Vitamin B3) Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Niacin (Vitamin B3) Sales by Country (2019-2030)
3.6.3 Asia Pacific Niacin (Vitamin B3) Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Niacin (Vitamin B3) Market Facts & Figures by Country
3.7.1 Latin America Niacin (Vitamin B3) Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Niacin (Vitamin B3) Sales by Country (2019-2030)
3.7.3 Latin America Niacin (Vitamin B3) Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Niacin (Vitamin B3) Market Facts & Figures by Country
3.8.1 Middle East and Africa Niacin (Vitamin B3) Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Niacin (Vitamin B3) Sales by Country (2019-2030)
3.8.3 Middle East and Africa Niacin (Vitamin B3) Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Niacin (Vitamin B3) Sales by Type (2019-2030)
4.1.1 Global Niacin (Vitamin B3) Sales by Type (2019-2024)
4.1.2 Global Niacin (Vitamin B3) Sales by Type (2025-2030)
4.1.3 Global Niacin (Vitamin B3) Sales Market Share by Type (2019-2030)
4.2 Global Niacin (Vitamin B3) Revenue by Type (2019-2030)
4.2.1 Global Niacin (Vitamin B3) Revenue by Type (2019-2024)
4.2.2 Global Niacin (Vitamin B3) Revenue by Type (2025-2030)
4.2.3 Global Niacin (Vitamin B3) Revenue Market Share by Type (2019-2030)
4.3 Global Niacin (Vitamin B3) Price by Type (2019-2030)
5 Segment by Application
5.1 Global Niacin (Vitamin B3) Sales by Application (2019-2030)
5.1.1 Global Niacin (Vitamin B3) Sales by Application (2019-2024)
5.1.2 Global Niacin (Vitamin B3) Sales by Application (2025-2030)
5.1.3 Global Niacin (Vitamin B3) Sales Market Share by Application (2019-2030)
5.2 Global Niacin (Vitamin B3) Revenue by Application (2019-2030)
5.2.1 Global Niacin (Vitamin B3) Revenue by Application (2019-2024)
5.2.2 Global Niacin (Vitamin B3) Revenue by Application (2025-2030)
5.2.3 Global Niacin (Vitamin B3) Revenue Market Share by Application (2019-2030)
5.3 Global Niacin (Vitamin B3) Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Lonza
6.1.1 Lonza Corporation Information
6.1.2 Lonza Description and Business Overview
6.1.3 Lonza Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Lonza Niacin (Vitamin B3) Product Portfolio
6.1.5 Lonza Recent Developments/Updates
6.2 Jubilant Life Sciences
6.2.1 Jubilant Life Sciences Corporation Information
6.2.2 Jubilant Life Sciences Description and Business Overview
6.2.3 Jubilant Life Sciences Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Jubilant Life Sciences Niacin (Vitamin B3) Product Portfolio
6.2.5 Jubilant Life Sciences Recent Developments/Updates
6.3 Vertellus
6.3.1 Vertellus Corporation Information
6.3.2 Vertellus Description and Business Overview
6.3.3 Vertellus Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Vertellus Niacin (Vitamin B3) Product Portfolio
6.3.5 Vertellus Recent Developments/Updates
6.4 Brother Enterprises
6.4.1 Brother Enterprises Corporation Information
6.4.2 Brother Enterprises Description and Business Overview
6.4.3 Brother Enterprises Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Brother Enterprises Niacin (Vitamin B3) Product Portfolio
6.4.5 Brother Enterprises Recent Developments/Updates
6.5 Zhejiang Lanbo Biotechnology
6.5.1 Zhejiang Lanbo Biotechnology Corporation Information
6.5.2 Zhejiang Lanbo Biotechnology Description and Business Overview
6.5.3 Zhejiang Lanbo Biotechnology Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Zhejiang Lanbo Biotechnology Niacin (Vitamin B3) Product Portfolio
6.5.5 Zhejiang Lanbo Biotechnology Recent Developments/Updates
6.6 Lasons India
6.6.1 Lasons India Corporation Information
6.6.2 Lasons India Description and Business Overview
6.6.3 Lasons India Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Lasons India Niacin (Vitamin B3) Product Portfolio
6.6.5 Lasons India Recent Developments/Updates
6.7 Vanetta
6.6.1 Vanetta Corporation Information
6.6.2 Vanetta Description and Business Overview
6.6.3 Vanetta Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Vanetta Niacin (Vitamin B3) Product Portfolio
6.7.5 Vanetta Recent Developments/Updates
6.8 DSM
6.8.1 DSM Corporation Information
6.8.2 DSM Description and Business Overview
6.8.3 DSM Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.8.4 DSM Niacin (Vitamin B3) Product Portfolio
6.8.5 DSM Recent Developments/Updates
6.9 Tianjin Zhongrui Pharmaceutical
6.9.1 Tianjin Zhongrui Pharmaceutical Corporation Information
6.9.2 Tianjin Zhongrui Pharmaceutical Description and Business Overview
6.9.3 Tianjin Zhongrui Pharmaceutical Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Tianjin Zhongrui Pharmaceutical Niacin (Vitamin B3) Product Portfolio
6.9.5 Tianjin Zhongrui Pharmaceutical Recent Developments/Updates
6.10 Resonance Specialties
6.10.1 Resonance Specialties Corporation Information
6.10.2 Resonance Specialties Description and Business Overview
6.10.3 Resonance Specialties Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Resonance Specialties Niacin (Vitamin B3) Product Portfolio
6.10.5 Resonance Specialties Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Niacin (Vitamin B3) Industry Chain Analysis
7.2 Niacin (Vitamin B3) Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Niacin (Vitamin B3) Production Mode & Process
7.4 Niacin (Vitamin B3) Sales and Marketing
7.4.1 Niacin (Vitamin B3) Sales Channels
7.4.2 Niacin (Vitamin B3) Distributors
7.5 Niacin (Vitamin B3) Customers
8 Niacin (Vitamin B3) Market Dynamics
8.1 Niacin (Vitamin B3) Industry Trends
8.2 Niacin (Vitamin B3) Market Drivers
8.3 Niacin (Vitamin B3) Market Challenges
8.4 Niacin (Vitamin B3) Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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