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Global Nicotinic Acid (Vitamin B3) Market Research Report 2024
Synopsis
The global Nicotinic Acid (Vitamin B3) market was valued at US$ 837.1 million in 2023 and is anticipated to reach US$ 1162.3 million by 2030, witnessing a CAGR of 4.7% during the forecast period 2024-2030.
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%.
This report aims to provide a comprehensive presentation of the global market for Nicotinic Acid (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 Nicotinic Acid (Vitamin B3).
Report Scope
The Nicotinic Acid (Vitamin B3) market size, estimations, and forecasts are provided in terms of output/shipments (K 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 Nicotinic Acid (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 Nicotinic Acid (Vitamin B3) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, 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
Aarti Drugs
Brother Enterprises Holding
DSM
Jubilant Life Science
Lanbo Biotechnology
Lasons
Lonza
Nantong Acetic Acid Chemical
Red Sun Group
Resonance Specialties
Tianjin Zhongrui Pharmaceutical
Vanetta
Vertellus
Segment by Type
Niacin Lowers Cholesterol
Others
Segment by Application
Feed Additives
Food & Beverage
Pharmaceuticals
Industrial
Daily Chemicals
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 Nicotinic Acid (Vitamin B3) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Nicotinic Acid (Vitamin B3) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Nicotinic Acid (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 production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
The global Nicotinic Acid (Vitamin B3) market was valued at US$ 837.1 million in 2023 and is anticipated to reach US$ 1162.3 million by 2030, witnessing a CAGR of 4.7% during the forecast period 2024-2030.
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%.
This report aims to provide a comprehensive presentation of the global market for Nicotinic Acid (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 Nicotinic Acid (Vitamin B3).
Report Scope
The Nicotinic Acid (Vitamin B3) market size, estimations, and forecasts are provided in terms of output/shipments (K 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 Nicotinic Acid (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 Nicotinic Acid (Vitamin B3) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, 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
Aarti Drugs
Brother Enterprises Holding
DSM
Jubilant Life Science
Lanbo Biotechnology
Lasons
Lonza
Nantong Acetic Acid Chemical
Red Sun Group
Resonance Specialties
Tianjin Zhongrui Pharmaceutical
Vanetta
Vertellus
Segment by Type
Niacin Lowers Cholesterol
Others
Segment by Application
Feed Additives
Food & Beverage
Pharmaceuticals
Industrial
Daily Chemicals
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 Nicotinic Acid (Vitamin B3) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Nicotinic Acid (Vitamin B3) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Nicotinic Acid (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 production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Nicotinic Acid (Vitamin B3) Market Overview
1.1 Product Definition
1.2 Nicotinic Acid (Vitamin B3) Segment by Type
1.2.1 Global Nicotinic Acid (Vitamin B3) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Niacin Lowers Cholesterol
1.2.3 Others
1.3 Nicotinic Acid (Vitamin B3) Segment by Application
1.3.1 Global Nicotinic Acid (Vitamin B3) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Feed Additives
1.3.3 Food & Beverage
1.3.4 Pharmaceuticals
1.3.5 Industrial
1.3.6 Daily Chemicals
1.4 Global Market Growth Prospects
1.4.1 Global Nicotinic Acid (Vitamin B3) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Nicotinic Acid (Vitamin B3) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Nicotinic Acid (Vitamin B3) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Nicotinic Acid (Vitamin B3) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Nicotinic Acid (Vitamin B3) Production Market Share by Manufacturers (2019-2024)
2.2 Global Nicotinic Acid (Vitamin B3) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Nicotinic Acid (Vitamin B3), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Nicotinic Acid (Vitamin B3) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Nicotinic Acid (Vitamin B3) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Nicotinic Acid (Vitamin B3), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Nicotinic Acid (Vitamin B3), Product Offered and Application
2.8 Global Key Manufacturers of Nicotinic Acid (Vitamin B3), Date of Enter into This Industry
2.9 Nicotinic Acid (Vitamin B3) Market Competitive Situation and Trends
2.9.1 Nicotinic Acid (Vitamin B3) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Nicotinic Acid (Vitamin B3) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Nicotinic Acid (Vitamin B3) Production by Region
3.1 Global Nicotinic Acid (Vitamin B3) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Nicotinic Acid (Vitamin B3) Production Value by Region (2019-2030)
3.2.1 Global Nicotinic Acid (Vitamin B3) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Nicotinic Acid (Vitamin B3) by Region (2025-2030)
3.3 Global Nicotinic Acid (Vitamin B3) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Nicotinic Acid (Vitamin B3) Production by Region (2019-2030)
3.4.1 Global Nicotinic Acid (Vitamin B3) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Nicotinic Acid (Vitamin B3) by Region (2025-2030)
3.5 Global Nicotinic Acid (Vitamin B3) Market Price Analysis by Region (2019-2024)
3.6 Global Nicotinic Acid (Vitamin B3) Production and Value, Year-over-Year Growth
3.6.1 North America Nicotinic Acid (Vitamin B3) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Nicotinic Acid (Vitamin B3) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Nicotinic Acid (Vitamin B3) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Nicotinic Acid (Vitamin B3) Production Value Estimates and Forecasts (2019-2030)
4 Nicotinic Acid (Vitamin B3) Consumption by Region
4.1 Global Nicotinic Acid (Vitamin B3) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Nicotinic Acid (Vitamin B3) Consumption by Region (2019-2030)
4.2.1 Global Nicotinic Acid (Vitamin B3) Consumption by Region (2019-2024)
4.2.2 Global Nicotinic Acid (Vitamin B3) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Nicotinic Acid (Vitamin B3) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Nicotinic Acid (Vitamin B3) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Nicotinic Acid (Vitamin B3) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Nicotinic Acid (Vitamin B3) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Nicotinic Acid (Vitamin B3) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Nicotinic Acid (Vitamin B3) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Nicotinic Acid (Vitamin B3) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Nicotinic Acid (Vitamin B3) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Nicotinic Acid (Vitamin B3) Production by Type (2019-2030)
5.1.1 Global Nicotinic Acid (Vitamin B3) Production by Type (2019-2024)
5.1.2 Global Nicotinic Acid (Vitamin B3) Production by Type (2025-2030)
5.1.3 Global Nicotinic Acid (Vitamin B3) Production Market Share by Type (2019-2030)
5.2 Global Nicotinic Acid (Vitamin B3) Production Value by Type (2019-2030)
5.2.1 Global Nicotinic Acid (Vitamin B3) Production Value by Type (2019-2024)
5.2.2 Global Nicotinic Acid (Vitamin B3) Production Value by Type (2025-2030)
5.2.3 Global Nicotinic Acid (Vitamin B3) Production Value Market Share by Type (2019-2030)
5.3 Global Nicotinic Acid (Vitamin B3) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Nicotinic Acid (Vitamin B3) Production by Application (2019-2030)
6.1.1 Global Nicotinic Acid (Vitamin B3) Production by Application (2019-2024)
6.1.2 Global Nicotinic Acid (Vitamin B3) Production by Application (2025-2030)
6.1.3 Global Nicotinic Acid (Vitamin B3) Production Market Share by Application (2019-2030)
6.2 Global Nicotinic Acid (Vitamin B3) Production Value by Application (2019-2030)
6.2.1 Global Nicotinic Acid (Vitamin B3) Production Value by Application (2019-2024)
6.2.2 Global Nicotinic Acid (Vitamin B3) Production Value by Application (2025-2030)
6.2.3 Global Nicotinic Acid (Vitamin B3) Production Value Market Share by Application (2019-2030)
6.3 Global Nicotinic Acid (Vitamin B3) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Aarti Drugs
7.1.1 Aarti Drugs Nicotinic Acid (Vitamin B3) Corporation Information
7.1.2 Aarti Drugs Nicotinic Acid (Vitamin B3) Product Portfolio
7.1.3 Aarti Drugs Nicotinic Acid (Vitamin B3) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Aarti Drugs Main Business and Markets Served
7.1.5 Aarti Drugs Recent Developments/Updates
7.2 Brother Enterprises Holding
7.2.1 Brother Enterprises Holding Nicotinic Acid (Vitamin B3) Corporation Information
7.2.2 Brother Enterprises Holding Nicotinic Acid (Vitamin B3) Product Portfolio
7.2.3 Brother Enterprises Holding Nicotinic Acid (Vitamin B3) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Brother Enterprises Holding Main Business and Markets Served
7.2.5 Brother Enterprises Holding Recent Developments/Updates
7.3 DSM
7.3.1 DSM Nicotinic Acid (Vitamin B3) Corporation Information
7.3.2 DSM Nicotinic Acid (Vitamin B3) Product Portfolio
7.3.3 DSM Nicotinic Acid (Vitamin B3) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 DSM Main Business and Markets Served
7.3.5 DSM Recent Developments/Updates
7.4 Jubilant Life Science
7.4.1 Jubilant Life Science Nicotinic Acid (Vitamin B3) Corporation Information
7.4.2 Jubilant Life Science Nicotinic Acid (Vitamin B3) Product Portfolio
7.4.3 Jubilant Life Science Nicotinic Acid (Vitamin B3) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Jubilant Life Science Main Business and Markets Served
7.4.5 Jubilant Life Science Recent Developments/Updates
7.5 Lanbo Biotechnology
7.5.1 Lanbo Biotechnology Nicotinic Acid (Vitamin B3) Corporation Information
7.5.2 Lanbo Biotechnology Nicotinic Acid (Vitamin B3) Product Portfolio
7.5.3 Lanbo Biotechnology Nicotinic Acid (Vitamin B3) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Lanbo Biotechnology Main Business and Markets Served
7.5.5 Lanbo Biotechnology Recent Developments/Updates
7.6 Lasons
7.6.1 Lasons Nicotinic Acid (Vitamin B3) Corporation Information
7.6.2 Lasons Nicotinic Acid (Vitamin B3) Product Portfolio
7.6.3 Lasons Nicotinic Acid (Vitamin B3) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Lasons Main Business and Markets Served
7.6.5 Lasons Recent Developments/Updates
7.7 Lonza
7.7.1 Lonza Nicotinic Acid (Vitamin B3) Corporation Information
7.7.2 Lonza Nicotinic Acid (Vitamin B3) Product Portfolio
7.7.3 Lonza Nicotinic Acid (Vitamin B3) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Lonza Main Business and Markets Served
7.7.5 Lonza Recent Developments/Updates
7.8 Nantong Acetic Acid Chemical
7.8.1 Nantong Acetic Acid Chemical Nicotinic Acid (Vitamin B3) Corporation Information
7.8.2 Nantong Acetic Acid Chemical Nicotinic Acid (Vitamin B3) Product Portfolio
7.8.3 Nantong Acetic Acid Chemical Nicotinic Acid (Vitamin B3) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Nantong Acetic Acid Chemical Main Business and Markets Served
7.7.5 Nantong Acetic Acid Chemical Recent Developments/Updates
7.9 Red Sun Group
7.9.1 Red Sun Group Nicotinic Acid (Vitamin B3) Corporation Information
7.9.2 Red Sun Group Nicotinic Acid (Vitamin B3) Product Portfolio
7.9.3 Red Sun Group Nicotinic Acid (Vitamin B3) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Red Sun Group Main Business and Markets Served
7.9.5 Red Sun Group Recent Developments/Updates
7.10 Resonance Specialties
7.10.1 Resonance Specialties Nicotinic Acid (Vitamin B3) Corporation Information
7.10.2 Resonance Specialties Nicotinic Acid (Vitamin B3) Product Portfolio
7.10.3 Resonance Specialties Nicotinic Acid (Vitamin B3) Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Resonance Specialties Main Business and Markets Served
7.10.5 Resonance Specialties Recent Developments/Updates
7.11 Tianjin Zhongrui Pharmaceutical
7.11.1 Tianjin Zhongrui Pharmaceutical Nicotinic Acid (Vitamin B3) Corporation Information
7.11.2 Tianjin Zhongrui Pharmaceutical Nicotinic Acid (Vitamin B3) Product Portfolio
7.11.3 Tianjin Zhongrui Pharmaceutical Nicotinic Acid (Vitamin B3) Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Tianjin Zhongrui Pharmaceutical Main Business and Markets Served
7.11.5 Tianjin Zhongrui Pharmaceutical Recent Developments/Updates
7.12 Vanetta
7.12.1 Vanetta Nicotinic Acid (Vitamin B3) Corporation Information
7.12.2 Vanetta Nicotinic Acid (Vitamin B3) Product Portfolio
7.12.3 Vanetta Nicotinic Acid (Vitamin B3) Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Vanetta Main Business and Markets Served
7.12.5 Vanetta Recent Developments/Updates
7.13 Vertellus
7.13.1 Vertellus Nicotinic Acid (Vitamin B3) Corporation Information
7.13.2 Vertellus Nicotinic Acid (Vitamin B3) Product Portfolio
7.13.3 Vertellus Nicotinic Acid (Vitamin B3) Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Vertellus Main Business and Markets Served
7.13.5 Vertellus Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Nicotinic Acid (Vitamin B3) Industry Chain Analysis
8.2 Nicotinic Acid (Vitamin B3) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Nicotinic Acid (Vitamin B3) Production Mode & Process
8.4 Nicotinic Acid (Vitamin B3) Sales and Marketing
8.4.1 Nicotinic Acid (Vitamin B3) Sales Channels
8.4.2 Nicotinic Acid (Vitamin B3) Distributors
8.5 Nicotinic Acid (Vitamin B3) Customers
9 Nicotinic Acid (Vitamin B3) Market Dynamics
9.1 Nicotinic Acid (Vitamin B3) Industry Trends
9.2 Nicotinic Acid (Vitamin B3) Market Drivers
9.3 Nicotinic Acid (Vitamin B3) Market Challenges
9.4 Nicotinic Acid (Vitamin B3) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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