Abstract, Snapshot, Market Analysis & Market Definition: Niacin (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 known as vitamin B3 complex. It has the formula C6H5NO2 and belongs to the of the pyridinecarboxylic acids. In 2017, the global Niacin market is led by China, capturing about 46.69% of global Niacin production. India is the second-largest region-wise market with 22.66% global production share.
In 2019, the market size of Niacin (Vitamin B3) is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Niacin (Vitamin B3). This report studies the global market size of Niacin (Vitamin B3), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Niacin (Vitamin B3) sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Niacin (Vitamin B3) Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Pharmaceutical Grade
Feed Grade
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals
Key Players, Recent Developments & Sector Viewpoints: Niacin (Vitamin B3) Market
Lonza
Jubilant Life Sciences
Vertellus
Brother Enterprises
Zhejiang Lanbo Biotechnology
Lasons India
Vanetta
DSM
Tianjin Zhongrui Pharmaceutical
Resonance Specialties
Key Insights Covered: Exhaustive Niacin (Vitamin B3) Market
1. Market size (sales, revenue and growth rate) of Niacin (Vitamin B3) industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Niacin (Vitamin B3) industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Niacin (Vitamin B3) industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Niacin (Vitamin B3) industry.
Research Methodology: Niacin (Vitamin B3) Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.