Global Niacin (Vitamin B3) Market Report, History and Forecast 2018-2034, Breakdown Data by Manufacturers, Key Regions, Types and Application
Published on: 2024-01-04 | No of Pages : 400 | Industry : Pharma & Healthcare
Publisher : MRA | Format : PDF
Global Niacin (Vitamin B3) Market Report, History and Forecast 2018-2034, Breakdown Data by Manufacturers, Key Regions, Types and Application
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.
Niacin (Vitamin B3) report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Niacin (Vitamin B3) market is projected to reach US$ 573.3 million in 2034, increasing from US$ 652 million in 2022, with the CAGR of -1.8% during the period of 2024 to 2034. Demand from Feed Additives and Food and Drinks Industry are the major drivers for the industry.
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.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2024-2034), aims to help readers to get a comprehensive understanding of global Niacin (Vitamin B3) market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Manufacturers, Type, Application and Regions Listed in the Report
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
Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals
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
Each chapter of the report provides detailed information for readers to understand the Niacin (Vitamin B3) market further
Chapter 1Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2024.
Chapter 2Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Niacin (Vitamin B3), product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Niacin (Vitamin B3) industry.
Chapter 3Historical (2018-2022) and forecast (2024-2034) volume and revenue analysis of Niacin (Vitamin B3) in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2024.
Chapter 5 to 9Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Niacin (Vitamin B3) introduction, etc. Niacin (Vitamin B3) Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12Market Channel, Distributors and Customers are listed.
Chapter 13QYResearch’s Conclusions of Niacin (Vitamin B3) market based on comprehensive survey.
Chapter 14Methodology and Data Sources adopted by QYResearch.
Niacin (Vitamin B3) report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Niacin (Vitamin B3) market is projected to reach US$ 573.3 million in 2034, increasing from US$ 652 million in 2022, with the CAGR of -1.8% during the period of 2024 to 2034. Demand from Feed Additives and Food and Drinks Industry are the major drivers for the industry.
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.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2024-2034), aims to help readers to get a comprehensive understanding of global Niacin (Vitamin B3) market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Manufacturers, Type, Application and Regions Listed in the Report
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
Segment 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
Each chapter of the report provides detailed information for readers to understand the Niacin (Vitamin B3) market further
Chapter 1Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2024.
Chapter 2Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Niacin (Vitamin B3), product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Niacin (Vitamin B3) industry.
Chapter 3Historical (2018-2022) and forecast (2024-2034) volume and revenue analysis of Niacin (Vitamin B3) in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2024.
Chapter 5 to 9Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Niacin (Vitamin B3) introduction, etc. Niacin (Vitamin B3) Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12Market Channel, Distributors and Customers are listed.
Chapter 13QYResearch’s Conclusions of Niacin (Vitamin B3) market based on comprehensive survey.
Chapter 14Methodology and Data Sources adopted by QYResearch.