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Nicotinic Acid (Vitamin B3)-Global Market Insights and Sales Trends 2025

Nicotinic Acid (Vitamin B3)-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1828178

No of Pages : 103

Synopsis
The global Nicotinic Acid (Vitamin B3) market size is expected to reach US$ 1162.3 million by 2029, growing at a CAGR of 4.7% from 2023 to 2029. The market is mainly driven by the significant applications of Nicotinic Acid (Vitamin B3) in various end use industries. The expanding demands from the Feed Additives, Food & Beverage, Pharmaceuticals and Industrial, are propelling Nicotinic Acid (Vitamin B3) market. Niacin Lowers Cholesterol, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Others segment is estimated at % CAGR for the next seven-year period.
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%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Nicotinic Acid (Vitamin B3), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Nicotinic Acid (Vitamin B3) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Nicotinic Acid (Vitamin B3) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Nicotinic Acid (Vitamin B3) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Nicotinic Acid (Vitamin B3) covered in this report include Aarti Drugs, Brother Enterprises Holding, DSM, Jubilant Life Science, Lanbo Biotechnology, Lasons, Lonza, Nantong Acetic Acid Chemical and Red Sun Group, etc.
The global Nicotinic Acid (Vitamin B3) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Nicotinic Acid (Vitamin B3) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Nicotinic Acid (Vitamin B3) market, Segment by Type:
Niacin Lowers Cholesterol
Others
Global Nicotinic Acid (Vitamin B3) market, by Application
Feed Additives
Food & Beverage
Pharmaceuticals
Industrial
Daily Chemicals
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Nicotinic Acid (Vitamin B3) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Nicotinic Acid (Vitamin B3) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Nicotinic Acid (Vitamin B3) Market Overview
1.1 Nicotinic Acid (Vitamin B3) Product Overview
1.2 Nicotinic Acid (Vitamin B3) Market Segment by Type
1.2.1 Niacin Lowers Cholesterol
1.2.2 Others
1.3 Global Nicotinic Acid (Vitamin B3) Market Size by Type
1.3.1 Global Nicotinic Acid (Vitamin B3) Market Size Overview by Type (2018-2029)
1.3.2 Global Nicotinic Acid (Vitamin B3) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Nicotinic Acid (Vitamin B3) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Nicotinic Acid (Vitamin B3) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Nicotinic Acid (Vitamin B3) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Nicotinic Acid (Vitamin B3) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Nicotinic Acid (Vitamin B3) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Nicotinic Acid (Vitamin B3) Sales Breakdown by Type (2018-2023)
2 Global Nicotinic Acid (Vitamin B3) Market Competition by Company
2.1 Global Top Players by Nicotinic Acid (Vitamin B3) Sales (2018-2023)
2.2 Global Top Players by Nicotinic Acid (Vitamin B3) Revenue (2018-2023)
2.3 Global Top Players by Nicotinic Acid (Vitamin B3) Price (2018-2023)
2.4 Global Top Manufacturers Nicotinic Acid (Vitamin B3) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Nicotinic Acid (Vitamin B3) Market Competitive Situation and Trends
2.5.1 Nicotinic Acid (Vitamin B3) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Nicotinic Acid (Vitamin B3) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Nicotinic Acid (Vitamin B3) as of 2022)
2.7 Date of Key Manufacturers Enter into Nicotinic Acid (Vitamin B3) Market
2.8 Key Manufacturers Nicotinic Acid (Vitamin B3) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Nicotinic Acid (Vitamin B3) Status and Outlook by Region
3.1 Global Nicotinic Acid (Vitamin B3) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Nicotinic Acid (Vitamin B3) Historic Market Size by Region
3.2.1 Global Nicotinic Acid (Vitamin B3) Sales in Volume by Region (2018-2023)
3.2.2 Global Nicotinic Acid (Vitamin B3) Sales in Value by Region (2018-2023)
3.2.3 Global Nicotinic Acid (Vitamin B3) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Nicotinic Acid (Vitamin B3) Forecasted Market Size by Region
3.3.1 Global Nicotinic Acid (Vitamin B3) Sales in Volume by Region (2024-2029)
3.3.2 Global Nicotinic Acid (Vitamin B3) Sales in Value by Region (2024-2029)
3.3.3 Global Nicotinic Acid (Vitamin B3) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Nicotinic Acid (Vitamin B3) by Application
4.1 Nicotinic Acid (Vitamin B3) Market Segment by Application
4.1.1 Feed Additives
4.1.2 Food & Beverage
4.1.3 Pharmaceuticals
4.1.4 Industrial
4.1.5 Daily Chemicals
4.2 Global Nicotinic Acid (Vitamin B3) Market Size by Application
4.2.1 Global Nicotinic Acid (Vitamin B3) Market Size Overview by Application (2018-2029)
4.2.2 Global Nicotinic Acid (Vitamin B3) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Nicotinic Acid (Vitamin B3) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Nicotinic Acid (Vitamin B3) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Nicotinic Acid (Vitamin B3) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Nicotinic Acid (Vitamin B3) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Nicotinic Acid (Vitamin B3) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Nicotinic Acid (Vitamin B3) Sales Breakdown by Application (2018-2023)
5 North America Nicotinic Acid (Vitamin B3) by Country
5.1 North America Nicotinic Acid (Vitamin B3) Historic Market Size by Country
5.1.1 North America Nicotinic Acid (Vitamin B3) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Nicotinic Acid (Vitamin B3) Sales in Volume by Country (2018-2023)
5.1.3 North America Nicotinic Acid (Vitamin B3) Sales in Value by Country (2018-2023)
5.2 North America Nicotinic Acid (Vitamin B3) Forecasted Market Size by Country
5.2.1 North America Nicotinic Acid (Vitamin B3) Sales in Volume by Country (2024-2029)
5.2.2 North America Nicotinic Acid (Vitamin B3) Sales in Value by Country (2024-2029)
6 Europe Nicotinic Acid (Vitamin B3) by Country
6.1 Europe Nicotinic Acid (Vitamin B3) Historic Market Size by Country
6.1.1 Europe Nicotinic Acid (Vitamin B3) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Nicotinic Acid (Vitamin B3) Sales in Volume by Country (2018-2023)
6.1.3 Europe Nicotinic Acid (Vitamin B3) Sales in Value by Country (2018-2023)
6.2 Europe Nicotinic Acid (Vitamin B3) Forecasted Market Size by Country
6.2.1 Europe Nicotinic Acid (Vitamin B3) Sales in Volume by Country (2024-2029)
6.2.2 Europe Nicotinic Acid (Vitamin B3) Sales in Value by Country (2024-2029)
7 Asia-Pacific Nicotinic Acid (Vitamin B3) by Region
7.1 Asia-Pacific Nicotinic Acid (Vitamin B3) Historic Market Size by Region
7.1.1 Asia-Pacific Nicotinic Acid (Vitamin B3) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Nicotinic Acid (Vitamin B3) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Nicotinic Acid (Vitamin B3) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Nicotinic Acid (Vitamin B3) Forecasted Market Size by Region
7.2.1 Asia-Pacific Nicotinic Acid (Vitamin B3) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Nicotinic Acid (Vitamin B3) Sales in Value by Region (2024-2029)
8 Latin America Nicotinic Acid (Vitamin B3) by Country
8.1 Latin America Nicotinic Acid (Vitamin B3) Historic Market Size by Country
8.1.1 Latin America Nicotinic Acid (Vitamin B3) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Nicotinic Acid (Vitamin B3) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Nicotinic Acid (Vitamin B3) Sales in Value by Country (2018-2023)
8.2 Latin America Nicotinic Acid (Vitamin B3) Forecasted Market Size by Country
8.2.1 Latin America Nicotinic Acid (Vitamin B3) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Nicotinic Acid (Vitamin B3) Sales in Value by Country (2024-2029)
9 Middle East and Africa Nicotinic Acid (Vitamin B3) by Country
9.1 Middle East and Africa Nicotinic Acid (Vitamin B3) Historic Market Size by Country
9.1.1 Middle East and Africa Nicotinic Acid (Vitamin B3) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Nicotinic Acid (Vitamin B3) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Nicotinic Acid (Vitamin B3) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Nicotinic Acid (Vitamin B3) Forecasted Market Size by Country
9.2.1 Middle East and Africa Nicotinic Acid (Vitamin B3) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Nicotinic Acid (Vitamin B3) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Aarti Drugs
10.1.1 Aarti Drugs Company Information
10.1.2 Aarti Drugs Introduction and Business Overview
10.1.3 Aarti Drugs Nicotinic Acid (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Aarti Drugs Nicotinic Acid (Vitamin B3) Products Offered
10.1.5 Aarti Drugs Recent Development
10.2 Brother Enterprises Holding
10.2.1 Brother Enterprises Holding Company Information
10.2.2 Brother Enterprises Holding Introduction and Business Overview
10.2.3 Brother Enterprises Holding Nicotinic Acid (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Brother Enterprises Holding Nicotinic Acid (Vitamin B3) Products Offered
10.2.5 Brother Enterprises Holding Recent Development
10.3 DSM
10.3.1 DSM Company Information
10.3.2 DSM Introduction and Business Overview
10.3.3 DSM Nicotinic Acid (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 DSM Nicotinic Acid (Vitamin B3) Products Offered
10.3.5 DSM Recent Development
10.4 Jubilant Life Science
10.4.1 Jubilant Life Science Company Information
10.4.2 Jubilant Life Science Introduction and Business Overview
10.4.3 Jubilant Life Science Nicotinic Acid (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Jubilant Life Science Nicotinic Acid (Vitamin B3) Products Offered
10.4.5 Jubilant Life Science Recent Development
10.5 Lanbo Biotechnology
10.5.1 Lanbo Biotechnology Company Information
10.5.2 Lanbo Biotechnology Introduction and Business Overview
10.5.3 Lanbo Biotechnology Nicotinic Acid (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Lanbo Biotechnology Nicotinic Acid (Vitamin B3) Products Offered
10.5.5 Lanbo Biotechnology Recent Development
10.6 Lasons
10.6.1 Lasons Company Information
10.6.2 Lasons Introduction and Business Overview
10.6.3 Lasons Nicotinic Acid (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Lasons Nicotinic Acid (Vitamin B3) Products Offered
10.6.5 Lasons Recent Development
10.7 Lonza
10.7.1 Lonza Company Information
10.7.2 Lonza Introduction and Business Overview
10.7.3 Lonza Nicotinic Acid (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Lonza Nicotinic Acid (Vitamin B3) Products Offered
10.7.5 Lonza Recent Development
10.8 Nantong Acetic Acid Chemical
10.8.1 Nantong Acetic Acid Chemical Company Information
10.8.2 Nantong Acetic Acid Chemical Introduction and Business Overview
10.8.3 Nantong Acetic Acid Chemical Nicotinic Acid (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Nantong Acetic Acid Chemical Nicotinic Acid (Vitamin B3) Products Offered
10.8.5 Nantong Acetic Acid Chemical Recent Development
10.9 Red Sun Group
10.9.1 Red Sun Group Company Information
10.9.2 Red Sun Group Introduction and Business Overview
10.9.3 Red Sun Group Nicotinic Acid (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Red Sun Group Nicotinic Acid (Vitamin B3) Products Offered
10.9.5 Red Sun Group Recent Development
10.10 Resonance Specialties
10.10.1 Resonance Specialties Company Information
10.10.2 Resonance Specialties Introduction and Business Overview
10.10.3 Resonance Specialties Nicotinic Acid (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Resonance Specialties Nicotinic Acid (Vitamin B3) Products Offered
10.10.5 Resonance Specialties Recent Development
10.11 Tianjin Zhongrui Pharmaceutical
10.11.1 Tianjin Zhongrui Pharmaceutical Company Information
10.11.2 Tianjin Zhongrui Pharmaceutical Introduction and Business Overview
10.11.3 Tianjin Zhongrui Pharmaceutical Nicotinic Acid (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Tianjin Zhongrui Pharmaceutical Nicotinic Acid (Vitamin B3) Products Offered
10.11.5 Tianjin Zhongrui Pharmaceutical Recent Development
10.12 Vanetta
10.12.1 Vanetta Company Information
10.12.2 Vanetta Introduction and Business Overview
10.12.3 Vanetta Nicotinic Acid (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Vanetta Nicotinic Acid (Vitamin B3) Products Offered
10.12.5 Vanetta Recent Development
10.13 Vertellus
10.13.1 Vertellus Company Information
10.13.2 Vertellus Introduction and Business Overview
10.13.3 Vertellus Nicotinic Acid (Vitamin B3) Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Vertellus Nicotinic Acid (Vitamin B3) Products Offered
10.13.5 Vertellus Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Nicotinic Acid (Vitamin B3) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Nicotinic Acid (Vitamin B3) Industrial Chain Analysis
11.4 Nicotinic Acid (Vitamin B3) Market Dynamics
11.4.1 Nicotinic Acid (Vitamin B3) Industry Trends
11.4.2 Nicotinic Acid (Vitamin B3) Market Drivers
11.4.3 Nicotinic Acid (Vitamin B3) Market Challenges
11.4.4 Nicotinic Acid (Vitamin B3) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Nicotinic Acid (Vitamin B3) Distributors
12.3 Nicotinic Acid (Vitamin B3) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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