Niacin and Niacinamide Market

The global Niacin and Niacinamide market was valued at US$ 1751 million in 2022 and is projected to reach US$ 2176.7 million by 2029, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
 

Niacin is an organic compound, and considered to be one of the most essential nutrients for humans, as niacin deficiency causes pellagra. Niacinamide, an amide of niacin, is also referred to as nicotinic acid amide or nicotinamide. Niacin and niacinamide are integral components of Vitamin B3, and are often leveraged as supplements interchangeably. These are commonly found in several food products such as meat, fish, beans, eggs, green vegetables, and yeast. Niacin and niacinamide are also sought in various vitamin supplements, particularly in vitamin B-complex supplements.
Niacin and Niacinamide Market aims to provide a comprehensive presentation of the global market for Niacin and Niacinamide, 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 Niacin and Niacinamide.

Niacin and Niacinamide Market contains market size and forecasts of Niacin and Niacinamide in global, including the following market information:
Global Niacin and Niacinamide Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Niacin and Niacinamide Market Sales, 2018-2023, 2024-2030, (K MT)
Global top five Niacin and Niacinamide companies in 2022 (%)
Powder form of niacin and niacinamide will remain sought-after among consumers, with sales projected to account for over two-third revenue share of the market during 2017 to 2025.
We surveyed the Niacin and Niacinamide manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Niacin and Niacinamide Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Niacin and Niacinamide Market Segment Percentages, by Type, 2022 (%)

• Powder Niacin and Niacinamide
• Granular Niacin and Niacinamide
• Liquid Niacin and Niacinamide

Global Niacin and Niacinamide Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Niacin and Niacinamide Market Segment Percentages, by Application, 2022 (%)

• Human Nutrition
• Pharmaceuticals
• Animal Nutrition
• Cosmeceuticals
• Others

Global Niacin and Niacinamide Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)
Global Niacin and Niacinamide Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:

• Key companies Niacin and Niacinamide revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies Niacin and Niacinamide revenues share in global market, 2022 (%)
• Key companies Niacin and Niacinamide sales in global market, 2018-2023 (Estimated), (K MT)
• Key companies Niacin and Niacinamide sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

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• Lonza
• Koninklijke
• Bactolac
• Merck
• BASF
• Foodchem
• Evonik
• Jubilant
• Vertellus Specialties
• Fagron
• Zhejiang NHU
• Brother Enterprises

Outline of Major Chapters:
Chapter 1: Introduces the definition of Niacin and Niacinamide, market overview.
Chapter 2: Global Niacin and Niacinamide market size in revenue and volume.
Chapter 3: Detailed analysis of Niacin and Niacinamide manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Niacin and Niacinamide 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 of each country in the world.
Chapter 7: 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 8: Global Niacin and Niacinamide capacity by region & country.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.