Niacin (Vitamin B3) Market Size, Business Growth and Opportunities and Forecasts to 2028 New Report Insights

Latest research report on “Niacin (Vitamin B3) Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.

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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.
This report contains market size and forecasts of Niacin (Vitamin B3) in global, including the following market information:
Global Niacin (Vitamin B3) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Niacin (Vitamin B3) Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Niacin (Vitamin B3) companies in 2021 (%)
The global Niacin (Vitamin B3) market was valued at 670.9 million in 2021 and is projected to reach US$ 594 million by 2028, at a CAGR of -1.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Pharmaceutical Grade Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Niacin (Vitamin B3) include Lonza, Jubilant Life Sciences, Vertellus, Brother Enterprises, Zhejiang Lanbo Biotechnology, Lasons India, Vanetta, DSM and Tianjin Zhongrui Pharmaceutical and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Niacin (Vitamin B3) 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 (Vitamin B3) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Niacin (Vitamin B3) Market Segment Percentages, by Type, 2021 (%)
– Pharmaceutical Grade
– Feed Grade
Global Niacin (Vitamin B3) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Niacin (Vitamin B3) Market Segment Percentages, by Application, 2021 (%)
– Feed Additives
– Food and Drinks Industry
– Pharmaceutical Industry
– Daily Chemicals
Global Niacin (Vitamin B3) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Niacin (Vitamin B3) Market Segment Percentages, By Region and Country, 2021 (%)
– 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 (Vitamin B3) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Niacin (Vitamin B3) revenues share in global market, 2021 (%)
Key companies Niacin (Vitamin B3) sales in global market, 2017-2022 (Estimated), (MT)
Key companies Niacin (Vitamin B3) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
– Lonza
– Jubilant Life Sciences
– Vertellus
– Brother Enterprises
– Zhejiang Lanbo Biotechnology
– Lasons India
– Vanetta
– DSM
– Tianjin Zhongrui Pharmaceutical
– Resonance Specialties

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