Global Niacin (Vitamin B3) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
1 Market Overview
- 1.1 Product Overview and Scope of Niacin (Vitamin B3)
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Niacin (Vitamin B3) Consumption Value by Type: 2018 Versus 2022 Versus 2029
- 1.3.2 Pharmaceutical Grade
- 1.3.3 Feed Grade
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Niacin (Vitamin B3) Consumption Value by Application: 2018 Versus 2022 Versus 2029
- 1.4.2 Feed Additives
- 1.4.3 Food and Drinks Industry
- 1.4.4 Pharmaceutical Industry
- 1.4.5 Daily Chemicals
- 1.5 Global Niacin (Vitamin B3) Market Size & Forecast
- 1.5.1 Global Niacin (Vitamin B3) Consumption Value (2018 & 2022 & 2029)
- 1.5.2 Global Niacin (Vitamin B3) Sales Quantity (2018-2029)
- 1.5.3 Global Niacin (Vitamin B3) Average Price (2018-2029)
2 Manufacturers Profiles
- 2.1 Lonza
- 2.1.1 Lonza Details
- 2.1.2 Lonza Major Business
- 2.1.3 Lonza Niacin (Vitamin B3) Product and Services
- 2.1.4 Lonza Niacin (Vitamin B3) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.1.5 Lonza Recent Developments/Updates
- 2.2 Jubilant Life Sciences
- 2.2.1 Jubilant Life Sciences Details
- 2.2.2 Jubilant Life Sciences Major Business
- 2.2.3 Jubilant Life Sciences Niacin (Vitamin B3) Product and Services
- 2.2.4 Jubilant Life Sciences Niacin (Vitamin B3) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.2.5 Jubilant Life Sciences Recent Developments/Updates
- 2.3 Vertellus
- 2.3.1 Vertellus Details
- 2.3.2 Vertellus Major Business
- 2.3.3 Vertellus Niacin (Vitamin B3) Product and Services
- 2.3.4 Vertellus Niacin (Vitamin B3) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.3.5 Vertellus Recent Developments/Updates
- 2.4 Brother Enterprises
- 2.4.1 Brother Enterprises Details
- 2.4.2 Brother Enterprises Major Business
- 2.4.3 Brother Enterprises Niacin (Vitamin B3) Product and Services
- 2.4.4 Brother Enterprises Niacin (Vitamin B3) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.4.5 Brother Enterprises Recent Developments/Updates
- 2.5 Zhejiang Lanbo Biotechnology
- 2.5.1 Zhejiang Lanbo Biotechnology Details
- 2.5.2 Zhejiang Lanbo Biotechnology Major Business
- 2.5.3 Zhejiang Lanbo Biotechnology Niacin (Vitamin B3) Product and Services
- 2.5.4 Zhejiang Lanbo Biotechnology Niacin (Vitamin B3) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.5.5 Zhejiang Lanbo Biotechnology Recent Developments/Updates
- 2.6 Lasons India
- 2.6.1 Lasons India Details
- 2.6.2 Lasons India Major Business
- 2.6.3 Lasons India Niacin (Vitamin B3) Product and Services
- 2.6.4 Lasons India Niacin (Vitamin B3) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.6.5 Lasons India Recent Developments/Updates
- 2.7 Vanetta
- 2.7.1 Vanetta Details
- 2.7.2 Vanetta Major Business
- 2.7.3 Vanetta Niacin (Vitamin B3) Product and Services
- 2.7.4 Vanetta Niacin (Vitamin B3) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.7.5 Vanetta Recent Developments/Updates
- 2.8 DSM
- 2.8.1 DSM Details
- 2.8.2 DSM Major Business
- 2.8.3 DSM Niacin (Vitamin B3) Product and Services
- 2.8.4 DSM Niacin (Vitamin B3) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.8.5 DSM Recent Developments/Updates
- 2.9 Tianjin Zhongrui Pharmaceutical
- 2.9.1 Tianjin Zhongrui Pharmaceutical Details
- 2.9.2 Tianjin Zhongrui Pharmaceutical Major Business
- 2.9.3 Tianjin Zhongrui Pharmaceutical Niacin (Vitamin B3) Product and Services
- 2.9.4 Tianjin Zhongrui Pharmaceutical Niacin (Vitamin B3) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.9.5 Tianjin Zhongrui Pharmaceutical Recent Developments/Updates
- 2.10 Resonance Specialties
- 2.10.1 Resonance Specialties Details
- 2.10.2 Resonance Specialties Major Business
- 2.10.3 Resonance Specialties Niacin (Vitamin B3) Product and Services
- 2.10.4 Resonance Specialties Niacin (Vitamin B3) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
- 2.10.5 Resonance Specialties Recent Developments/Updates
3 Competitive Environment: Niacin (Vitamin B3) by Manufacturer
- 3.1 Global Niacin (Vitamin B3) Sales Quantity by Manufacturer (2018-2023)
- 3.2 Global Niacin (Vitamin B3) Revenue by Manufacturer (2018-2023)
- 3.3 Global Niacin (Vitamin B3) Average Price by Manufacturer (2018-2023)
- 3.4 Market Share Analysis (2022)
- 3.4.1 Producer Shipments of Niacin (Vitamin B3) by Manufacturer Revenue ($MM) and Market Share (%): 2022
- 3.4.2 Top 3 Niacin (Vitamin B3) Manufacturer Market Share in 2022
- 3.4.2 Top 6 Niacin (Vitamin B3) Manufacturer Market Share in 2022
- 3.5 Niacin (Vitamin B3) Market: Overall Company Footprint Analysis
- 3.5.1 Niacin (Vitamin B3) Market: Region Footprint
- 3.5.2 Niacin (Vitamin B3) Market: Company Product Type Footprint
- 3.5.3 Niacin (Vitamin B3) Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Niacin (Vitamin B3) Market Size by Region
- 4.1.1 Global Niacin (Vitamin B3) Sales Quantity by Region (2018-2029)
- 4.1.2 Global Niacin (Vitamin B3) Consumption Value by Region (2018-2029)
- 4.1.3 Global Niacin (Vitamin B3) Average Price by Region (2018-2029)
- 4.2 North America Niacin (Vitamin B3) Consumption Value (2018-2029)
- 4.3 Europe Niacin (Vitamin B3) Consumption Value (2018-2029)
- 4.4 Asia-Pacific Niacin (Vitamin B3) Consumption Value (2018-2029)
- 4.5 South America Niacin (Vitamin B3) Consumption Value (2018-2029)
- 4.6 Middle East and Africa Niacin (Vitamin B3) Consumption Value (2018-2029)
5 Market Segment by Type
- 5.1 Global Niacin (Vitamin B3) Sales Quantity by Type (2018-2029)
- 5.2 Global Niacin (Vitamin B3) Consumption Value by Type (2018-2029)
- 5.3 Global Niacin (Vitamin B3) Average Price by Type (2018-2029)
6 Market Segment by Application
- 6.1 Global Niacin (Vitamin B3) Sales Quantity by Application (2018-2029)
- 6.2 Global Niacin (Vitamin B3) Consumption Value by Application (2018-2029)
- 6.3 Global Niacin (Vitamin B3) Average Price by Application (2018-2029)
7 North America
- 7.1 North America Niacin (Vitamin B3) Sales Quantity by Type (2018-2029)
- 7.2 North America Niacin (Vitamin B3) Sales Quantity by Application (2018-2029)
- 7.3 North America Niacin (Vitamin B3) Market Size by Country
- 7.3.1 North America Niacin (Vitamin B3) Sales Quantity by Country (2018-2029)
- 7.3.2 North America Niacin (Vitamin B3) Consumption Value by Country (2018-2029)
- 7.3.3 United States Market Size and Forecast (2018-2029)
- 7.3.4 Canada Market Size and Forecast (2018-2029)
- 7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
- 8.1 Europe Niacin (Vitamin B3) Sales Quantity by Type (2018-2029)
- 8.2 Europe Niacin (Vitamin B3) Sales Quantity by Application (2018-2029)
- 8.3 Europe Niacin (Vitamin B3) Market Size by Country
- 8.3.1 Europe Niacin (Vitamin B3) Sales Quantity by Country (2018-2029)
- 8.3.2 Europe Niacin (Vitamin B3) Consumption Value by Country (2018-2029)
- 8.3.3 Germany Market Size and Forecast (2018-2029)
- 8.3.4 France Market Size and Forecast (2018-2029)
- 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
- 8.3.6 Russia Market Size and Forecast (2018-2029)
- 8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
- 9.1 Asia-Pacific Niacin (Vitamin B3) Sales Quantity by Type (2018-2029)
- 9.2 Asia-Pacific Niacin (Vitamin B3) Sales Quantity by Application (2018-2029)
- 9.3 Asia-Pacific Niacin (Vitamin B3) Market Size by Region
- 9.3.1 Asia-Pacific Niacin (Vitamin B3) Sales Quantity by Region (2018-2029)
- 9.3.2 Asia-Pacific Niacin (Vitamin B3) Consumption Value by Region (2018-2029)
- 9.3.3 China Market Size and Forecast (2018-2029)
- 9.3.4 Japan Market Size and Forecast (2018-2029)
- 9.3.5 Korea Market Size and Forecast (2018-2029)
- 9.3.6 India Market Size and Forecast (2018-2029)
- 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
- 9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
- 10.1 South America Niacin (Vitamin B3) Sales Quantity by Type (2018-2029)
- 10.2 South America Niacin (Vitamin B3) Sales Quantity by Application (2018-2029)
- 10.3 South America Niacin (Vitamin B3) Market Size by Country
- 10.3.1 South America Niacin (Vitamin B3) Sales Quantity by Country (2018-2029)
- 10.3.2 South America Niacin (Vitamin B3) Consumption Value by Country (2018-2029)
- 10.3.3 Brazil Market Size and Forecast (2018-2029)
- 10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
- 11.1 Middle East & Africa Niacin (Vitamin B3) Sales Quantity by Type (2018-2029)
- 11.2 Middle East & Africa Niacin (Vitamin B3) Sales Quantity by Application (2018-2029)
- 11.3 Middle East & Africa Niacin (Vitamin B3) Market Size by Country
- 11.3.1 Middle East & Africa Niacin (Vitamin B3) Sales Quantity by Country (2018-2029)
- 11.3.2 Middle East & Africa Niacin (Vitamin B3) Consumption Value by Country (2018-2029)
- 11.3.3 Turkey Market Size and Forecast (2018-2029)
- 11.3.4 Egypt Market Size and Forecast (2018-2029)
- 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
- 11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
- 12.1 Niacin (Vitamin B3) Market Drivers
- 12.2 Niacin (Vitamin B3) Market Restraints
- 12.3 Niacin (Vitamin B3) Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
- 12.5 Influence of COVID-19 and Russia-Ukraine War
- 12.5.1 Influence of COVID-19
- 12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
- 13.1 Raw Material of Niacin (Vitamin B3) and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Niacin (Vitamin B3)
- 13.3 Niacin (Vitamin B3) Production Process
- 13.4 Niacin (Vitamin B3) Industrial Chain
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Niacin (Vitamin B3) Typical Distributors
- 14.3 Niacin (Vitamin B3) Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
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.
According to our (Global Info Research) latest study, the global Niacin (Vitamin B3) market size was valued at USD 670.9 million in 2022 and is forecast to a readjusted size of USD 594 million by 2029 with a CAGR of -1.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 is a detailed and comprehensive analysis for global Niacin (Vitamin B3) 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 2023, are provided.
Key Features:
Global Niacin (Vitamin B3) market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Niacin (Vitamin B3) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Niacin (Vitamin B3) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Niacin (Vitamin B3) market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2018-2023
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 Niacin (Vitamin B3)
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 Niacin (Vitamin B3) market based on the following parameters - company overview, production, value, 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 and Zhejiang Lanbo Biotechnology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Niacin (Vitamin B3) market is split by Type and by Application. For the period 2018-2029, 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
Pharmaceutical Grade
Feed Grade
Market segment by Application
Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals
Major players covered
Lonza
Jubilant Life Sciences
Vertellus
Brother Enterprises
Zhejiang Lanbo Biotechnology
Lasons India
Vanetta
DSM
Tianjin Zhongrui Pharmaceutical
Resonance Specialties
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 (Vitamin B3) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Niacin (Vitamin B3), with price, sales, revenue and global market share of Niacin (Vitamin B3) from 2018 to 2023.
Chapter 3, the Niacin (Vitamin B3) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Niacin (Vitamin B3) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
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 2022.and Niacin (Vitamin B3) market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Niacin (Vitamin B3).
Chapter 14 and 15, to describe Niacin (Vitamin B3) sales channel, distributors, customers, research findings and conclusion.