Report Detail
Global Niacin (Vitamin B3) Market Insights, Forecast to 2025
- RnM2946138 |
- 14 February, 2019 |
- Global |
- 119 Pages |
- QYResearch |
- Pharma & Healthcare
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.
In 2017, the global Niacin market is led by China, capturing about 46.69% of global Niacin production. India is the second-largest region-wise market with 22.66% global production share.
Lonza is the world leader, holding 46.38% production market share in 2017. Lonza's main markets are China and Europe. Vertellus is the only producer in the United States. At present, Vertellus Europe's production capacity has been transferred to China. In 2014, Lonza built a new 15,000 production line in China. At the same time, Lonza shut down the oldest production line (5000 ton production line in 1995) due to environmental stress.
China was the largest consumption market for Niacin, with volume exceeding 23186 MT in 2017. In addition, Asia Pacific is also expected to witness fastest growth.
In application, Niacin downstream is wide and recently Niacin has acquired increasing significance in various fields of Feed Additives, Pharmaceuticals and Cosmetics and Food and Beverage. Globally, the Niacin market is mainly driven by growing demand for Feed Additives which accounts for nearly 77.65% of total downstream consumption of Niacin in global. In type, Niacin can be divided into feed grade and Pharmaceutical Grade. Feed grade is the largest type, holding about 93.29% share.
The global Niacin (Vitamin B3) market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Niacin (Vitamin B3) market based on company, product type, end user and key regions.
This report studies the global market size of Niacin (Vitamin B3) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Niacin (Vitamin B3) in these regions.
This research report categorizes the global Niacin (Vitamin B3) market by top players/brands, region, type and end user. This report also studies the global Niacin (Vitamin B3) market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Lonza
Jubilant Life Sciences
Vertellus
Brother Enterprises
Zhejiang Lanbo Biotechnology
Lasons India
Vanetta
DSM
Tianjin Zhongrui Pharmaceutical
Resonance Specialties
Market size by Product
Pharmaceutical Grade
Feed Grade
Market size by End User
Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Niacin (Vitamin B3) market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Niacin (Vitamin B3) market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Niacin (Vitamin B3) companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Niacin (Vitamin B3) submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Niacin (Vitamin B3) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Niacin (Vitamin B3) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Study Coverage
- 1.1 Niacin (Vitamin B3) Product
- 1.2 Market Segments
- 1.3 Key Manufacturers Covered
- 1.4 Market by Type
- 1.4.1 Global Niacin (Vitamin B3) Market Size Growth Rate by Product
- 1.4.2 Pharmaceutical Grade
- 1.4.3 Feed Grade
- 1.5 Market by End User
- 1.5.1 Global Niacin (Vitamin B3) Market Size Growth Rate by End User
- 1.5.2 Feed Additives
- 1.5.3 Food and Drinks Industry
- 1.5.4 Pharmaceutical Industry
- 1.5.5 Daily Chemicals
- 1.6 Study Objectives
- 1.7 Years Considered
2 Executive Summary
- 2.1 Global Niacin (Vitamin B3) Market Size
- 2.1.1 Global Niacin (Vitamin B3) Revenue 2014-2025
- 2.1.2 Global Niacin (Vitamin B3) Sales 2014-2025
- 2.2 Niacin (Vitamin B3) Growth Rate by Regions
- 2.2.1 Global Niacin (Vitamin B3) Sales by Regions
- 2.2.2 Global Niacin (Vitamin B3) Revenue by Regions
3 Breakdown Data by Manufacturers
- 3.1 Niacin (Vitamin B3) Sales by Manufacturers
- 3.1.1 Niacin (Vitamin B3) Sales by Manufacturers
- 3.1.2 Niacin (Vitamin B3) Sales Market Share by Manufacturers
- 3.1.3 Global Niacin (Vitamin B3) Market Concentration Ratio (CR5 and HHI)
- 3.2 Niacin (Vitamin B3) Revenue by Manufacturers
- 3.2.1 Niacin (Vitamin B3) Revenue by Manufacturers (2014-2019)
- 3.2.2 Niacin (Vitamin B3) Revenue Share by Manufacturers (2014-2019)
- 3.3 Niacin (Vitamin B3) Price by Manufacturers
- 3.4 Niacin (Vitamin B3) Manufacturing Base Distribution, Product Types
- 3.4.1 Niacin (Vitamin B3) Manufacturers Manufacturing Base Distribution, Headquarters
- 3.4.2 Manufacturers Niacin (Vitamin B3) Product Type
- 3.4.3 Date of International Manufacturers Enter into Niacin (Vitamin B3) Market
- 3.5 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
- 4.1 Global Niacin (Vitamin B3) Sales by Product
- 4.2 Global Niacin (Vitamin B3) Revenue by Product
- 4.3 Niacin (Vitamin B3) Price by Product
5 Breakdown Data by End User
- 5.1 Overview
- 5.2 Global Niacin (Vitamin B3) Breakdown Data by End User
6 North America
- 6.1 North America Niacin (Vitamin B3) by Countries
- 6.1.1 North America Niacin (Vitamin B3) Sales by Countries
- 6.1.2 North America Niacin (Vitamin B3) Revenue by Countries
- 6.1.3 United States
- 6.1.4 Canada
- 6.1.5 Mexico
- 6.2 North America Niacin (Vitamin B3) by Product
- 6.3 North America Niacin (Vitamin B3) by End User
7 Europe
- 7.1 Europe Niacin (Vitamin B3) by Countries
- 7.1.1 Europe Niacin (Vitamin B3) Sales by Countries
- 7.1.2 Europe Niacin (Vitamin B3) Revenue by Countries
- 7.1.3 Germany
- 7.1.4 France
- 7.1.5 UK
- 7.1.6 Italy
- 7.1.7 Russia
- 7.2 Europe Niacin (Vitamin B3) by Product
- 7.3 Europe Niacin (Vitamin B3) by End User
8 Asia Pacific
- 8.1 Asia Pacific Niacin (Vitamin B3) by Countries
- 8.1.1 Asia Pacific Niacin (Vitamin B3) Sales by Countries
- 8.1.2 Asia Pacific Niacin (Vitamin B3) Revenue by Countries
- 8.1.3 China
- 8.1.4 Japan
- 8.1.5 Korea
- 8.1.6 India
- 8.1.7 Australia
- 8.1.8 Indonesia
- 8.1.9 Malaysia
- 8.1.10 Philippines
- 8.1.11 Thailand
- 8.1.12 Vietnam
- 8.1.13 Singapore
- 8.2 Asia Pacific Niacin (Vitamin B3) by Product
- 8.3 Asia Pacific Niacin (Vitamin B3) by End User
9 Central & South America
- 9.1 Central & South America Niacin (Vitamin B3) by Countries
- 9.1.1 Central & South America Niacin (Vitamin B3) Sales by Countries
- 9.1.2 Central & South America Niacin (Vitamin B3) Revenue by Countries
- 9.1.3 Brazil
- 9.2 Central & South America Niacin (Vitamin B3) by Product
- 9.3 Central & South America Niacin (Vitamin B3) by End User
10 Middle East and Africa
- 10.1 Middle East and Africa Niacin (Vitamin B3) by Countries
- 10.1.1 Middle East and Africa Niacin (Vitamin B3) Sales by Countries
- 10.1.2 Middle East and Africa Niacin (Vitamin B3) Revenue by Countries
- 10.1.3 GCC Countries
- 10.1.4 Turkey
- 10.1.5 Egypt
- 10.1.6 South Africa
- 10.2 Middle East and Africa Niacin (Vitamin B3) by Product
- 10.3 Middle East and Africa Niacin (Vitamin B3) by End User
11 Company Profiles
- 11.1 Lonza
- 11.1.1 Lonza Company Details
- 11.1.2 Company Business Overview
- 11.1.3 Lonza Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2014-2019)
- 11.1.4 Lonza Niacin (Vitamin B3) Products Offered
- 11.1.5 Lonza Recent Development
- 11.2 Jubilant Life Sciences
- 11.2.1 Jubilant Life Sciences Company Details
- 11.2.2 Company Business Overview
- 11.2.3 Jubilant Life Sciences Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2014-2019)
- 11.2.4 Jubilant Life Sciences Niacin (Vitamin B3) Products Offered
- 11.2.5 Jubilant Life Sciences Recent Development
- 11.3 Vertellus
- 11.3.1 Vertellus Company Details
- 11.3.2 Company Business Overview
- 11.3.3 Vertellus Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2014-2019)
- 11.3.4 Vertellus Niacin (Vitamin B3) Products Offered
- 11.3.5 Vertellus Recent Development
- 11.4 Brother Enterprises
- 11.4.1 Brother Enterprises Company Details
- 11.4.2 Company Business Overview
- 11.4.3 Brother Enterprises Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2014-2019)
- 11.4.4 Brother Enterprises Niacin (Vitamin B3) Products Offered
- 11.4.5 Brother Enterprises Recent Development
- 11.5 Zhejiang Lanbo Biotechnology
- 11.5.1 Zhejiang Lanbo Biotechnology Company Details
- 11.5.2 Company Business Overview
- 11.5.3 Zhejiang Lanbo Biotechnology Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2014-2019)
- 11.5.4 Zhejiang Lanbo Biotechnology Niacin (Vitamin B3) Products Offered
- 11.5.5 Zhejiang Lanbo Biotechnology Recent Development
- 11.6 Lasons India
- 11.6.1 Lasons India Company Details
- 11.6.2 Company Business Overview
- 11.6.3 Lasons India Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2014-2019)
- 11.6.4 Lasons India Niacin (Vitamin B3) Products Offered
- 11.6.5 Lasons India Recent Development
- 11.7 Vanetta
- 11.7.1 Vanetta Company Details
- 11.7.2 Company Business Overview
- 11.7.3 Vanetta Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2014-2019)
- 11.7.4 Vanetta Niacin (Vitamin B3) Products Offered
- 11.7.5 Vanetta Recent Development
- 11.8 DSM
- 11.8.1 DSM Company Details
- 11.8.2 Company Business Overview
- 11.8.3 DSM Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2014-2019)
- 11.8.4 DSM Niacin (Vitamin B3) Products Offered
- 11.8.5 DSM Recent Development
- 11.9 Tianjin Zhongrui Pharmaceutical
- 11.9.1 Tianjin Zhongrui Pharmaceutical Company Details
- 11.9.2 Company Business Overview
- 11.9.3 Tianjin Zhongrui Pharmaceutical Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2014-2019)
- 11.9.4 Tianjin Zhongrui Pharmaceutical Niacin (Vitamin B3) Products Offered
- 11.9.5 Tianjin Zhongrui Pharmaceutical Recent Development
- 11.10 Resonance Specialties
- 11.10.1 Resonance Specialties Company Details
- 11.10.2 Company Business Overview
- 11.10.3 Resonance Specialties Niacin (Vitamin B3) Sales, Revenue and Gross Margin (2014-2019)
- 11.10.4 Resonance Specialties Niacin (Vitamin B3) Products Offered
- 11.10.5 Resonance Specialties Recent Development
12 Future Forecast
- 12.1 Niacin (Vitamin B3) Market Forecast by Regions
- 12.1.1 Global Niacin (Vitamin B3) Sales Forecast by Regions 2019-2025
- 12.1.2 Global Niacin (Vitamin B3) Revenue Forecast by Regions 2019-2025
- 12.2 Niacin (Vitamin B3) Market Forecast by Product
- 12.2.1 Global Niacin (Vitamin B3) Sales Forecast by Product 2019-2025
- 12.2.2 Global Niacin (Vitamin B3) Revenue Forecast by Product 2019-2025
- 12.3 Niacin (Vitamin B3) Market Forecast by End User
- 12.4 North America Niacin (Vitamin B3) Forecast
- 12.5 Europe Niacin (Vitamin B3) Forecast
- 12.6 Asia Pacific Niacin (Vitamin B3) Forecast
- 12.7 Central & South America Niacin (Vitamin B3) Forecast
- 12.8 Middle East and Africa Niacin (Vitamin B3) Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
- 13.1 Market Opportunities and Drivers
- 13.2 Market Challenges
- 13.3 Market Risks/Restraints
- 13.4 Macroscopic Indicators
14 Value Chain and Sales Channels Analysis
- 14.1 Value Chain Analysis
- 14.2 Niacin (Vitamin B3) Customers
- 14.3 Sales Channels Analysis
- 14.3.1 Sales Channels
- 14.3.2 Distributors
15 Research Findings and Conclusion
16 Appendix
- 16.1 Research Methodology
- 16.1.1 Methodology/Research Approach
- 16.1.2 Data Source
- 16.2 Author Details
Summary:
Get latest Market Research Reports on Niacin (Vitamin B3) . Industry analysis & Market Report on Niacin (Vitamin B3) is a syndicated market report, published as Global Niacin (Vitamin B3) Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Niacin (Vitamin B3) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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