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Global Nicotinic Acid (Vitamin B3) Market Growth 2025-2031
Oct 2025
Chemicals and Materials
Pages: 110
LPI26320
The global Nicotinic Acid (Vitamin B3) market size is predicted to grow from US$ 938 million in 2025 to US$ 1248 million in 2031; it is expected to grow at a CAGR of 4.9% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
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%.
Infinity Market Research newest research report, the Nicotinic Acid (Vitamin B3) Industry Forecast looks at past sales and reviews total world Nicotinic Acid (Vitamin B3) sales in 2024, providing a comprehensive analysis by region and market sector of projected Nicotinic Acid (Vitamin B3) sales for 2025 through 2031. With Nicotinic Acid (Vitamin B3) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Nicotinic Acid (Vitamin B3) industry.
This Insight Report provides a comprehensive analysis of the global Nicotinic Acid (Vitamin B3) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Nicotinic Acid (Vitamin B3) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Nicotinic Acid (Vitamin B3) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Nicotinic Acid (Vitamin B3) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Nicotinic Acid (Vitamin B3).
This report presents a comprehensive overview, market shares, and growth opportunities of Nicotinic Acid (Vitamin B3) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Niacin Lowers Cholesterol
Others
Segmentation by Application:
Feed Additives
Food & Beverage
Pharmaceuticals
Industrial
Daily Chemicals
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Nicotinic Acid (Vitamin B3) market?
What factors are driving Nicotinic Acid (Vitamin B3) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Nicotinic Acid (Vitamin B3) market opportunities vary by end market size?
How does Nicotinic Acid (Vitamin B3) break out by Type, by Application?
Nicotinic Acid Market Scope
| Report Attribute | Details |
|---|---|
| Market Size (Start Year) | USD XX Million |
| Market Size (End Year) | USD XX Million |
| Compound Annual Growth Rate (CAGR) | USD XX Million |
| Forecast Period | USD XX Million |
| Base Year | USD XX Million |
| Historical Data | USD XX Million |
| Key Players | USD XX Million |
📘 Frequently Asked Questions
1. What is the market size of Global Nicotinic Acid Market?
Answer: The global Nicotinic Acid (Vitamin B3) market size is predicted to grow from US$ 938 million in 2025 to US$ 1248 million in 2031; it is expected to grow at a CAGR of 4.9% from 2025 to 2031.
2. Which regions are analyzed in the Global Nicotinic Acid Market report?
Answer: The Global Nicotinic Acid Market report covers major regions such as North America, Europe, Middle East & Africa. Each region is analyzed for trends, opportunities, and market dynamics.
3. What methodology is used for forecasting of Global Nicotinic Acid Market?
Answer: The Global Nicotinic Acid Market report uses a mix of primary research, secondary data, and expert analysis to build its forecasts. Models include both qualitative and quantitative approaches.
4. Are emerging markets analyzed separately in the Global Nicotinic Acid Market?
Answer: Yes, the Global Nicotinic Acid Market report highlights high-growth emerging regions with dedicated insights. These include untapped opportunities, risks, and potential for expansion.
5. Does the report include competitive benchmarking of Global Nicotinic Acid Market?
Answer: Yes, Global Nicotinic Acid Market report compares major players based on revenue, product portfolio, innovation, and regional presence. This helps assess competitive positioning.
6. Can I access country-level data within the Global Nicotinic Acid Market report?
Answer: Yes, Global Nicotinic Acid Market report includes detailed data by country, especially for key markets. This allows for localized insights and decision-making.
7. Can I get customized insights or data from the Global Nicotinic Acid Market report?
Answer: Yes, we offer customization options to align with your specific business needs. You can request tailored sections or regional breakdowns.
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