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.
Scope of the Report:
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.
Lonza is the world leader, holding 46.38% production market share in 2017. Lonza's main markets are China and Europe. Vertellus is the only producer in the United States. At present, Vertellus Europe's production capacity has been transferred to China. In 2014, Lonza built a new 15,000 production line in China. At the same time, Lonza shut down the oldest production line (5000 ton production line in 1995) due to environmental stress.
China was the largest consumption market for Niacin, with volume exceeding 23186 MT in 2017. In addition, Asia Pacific is also expected to witness fastest growth.
In application, Niacin downstream is wide and recently Niacin has acquired increasing significance in various fields of Feed Additives, Pharmaceuticals and Cosmetics and Food and Beverage. Globally, the Niacin market is mainly driven by growing demand for Feed Additives which accounts for nearly 77.65% of total downstream consumption of Niacin in global. In type, Niacin can be divided into feed grade and Pharmaceutical Grade. Feed grade is the largest type, holding about 93.29% share.
The worldwide market for Niacin (Vitamin B3) is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new study.
This report focuses on the Niacin (Vitamin B3) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Lonza
Jubilant Life Sciences
Vertellus
Brother Enterprises
Zhejiang Lanbo Biotechnology
Lasons India
Vanetta
DSM
Tianjin Zhongrui Pharmaceutical
Resonance Specialties
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Pharmaceutical Grade
Feed Grade
Market Segment by Applications, can be divided into
Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Niacin (Vitamin B3) product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Niacin (Vitamin B3), with price, sales, revenue and global market share of Niacin (Vitamin B3) in 2017 and 2018.
Chapter 3, the Niacin (Vitamin B3) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Niacin (Vitamin B3) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Niacin (Vitamin B3) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Niacin (Vitamin B3) sales channel, distributors, customers, research findings and conclusion, appendix and data source.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Market Overview
1.1 Niacin (Vitamin B3) Introduction
1.2 Market Analysis by Type
1.2.1 Pharmaceutical Grade
1.2.2 Feed Grade
1.3 Market Analysis by Applications
1.3.1 Feed Additives
1.3.2 Food and Drinks Industry
1.3.3 Pharmaceutical Industry
1.3.4 Daily Chemicals
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2014-2024)
1.4.1.2 Canada Market States and Outlook (2014-2024)
1.4.1.3 Mexico Market States and Outlook (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2014-2024)
1.4.2.2 France Market States and Outlook (2014-2024)
1.4.2.3 UK Market States and Outlook (2014-2024)
1.4.2.4 Russia Market States and Outlook (2014-2024)
1.4.2.5 Italy Market States and Outlook (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2014-2024)
1.4.3.2 Japan Market States and Outlook (2014-2024)
1.4.3.3 Korea Market States and Outlook (2014-2024)
1.4.3.4 India Market States and Outlook (2014-2024)
1.4.3.5 Southeast Asia Market States and Outlook (2014-2024)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2014-2024)
1.4.4.2 Egypt Market States and Outlook (2014-2024)
1.4.4.3 Saudi Arabia Market States and Outlook (2014-2024)
1.4.4.4 South Africa Market States and Outlook (2014-2024)
1.4.4.5 Turkey Market States and Outlook (2014-2024)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 Lonza
2.1.1 Business Overview
2.1.2 Niacin (Vitamin B3) Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Lonza Niacin (Vitamin B3) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.2 Jubilant Life Sciences
2.2.1 Business Overview
2.2.2 Niacin (Vitamin B3) Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Jubilant Life Sciences Niacin (Vitamin B3) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.3 Vertellus
2.3.1 Business Overview
2.3.2 Niacin (Vitamin B3) Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Vertellus Niacin (Vitamin B3) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.4 Brother Enterprises
2.4.1 Business Overview
2.4.2 Niacin (Vitamin B3) Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Brother Enterprises Niacin (Vitamin B3) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.5 Zhejiang Lanbo Biotechnology
2.5.1 Business Overview
2.5.2 Niacin (Vitamin B3) Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Zhejiang Lanbo Biotechnology Niacin (Vitamin B3) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.6 Lasons India
2.6.1 Business Overview
2.6.2 Niacin (Vitamin B3) Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Lasons India Niacin (Vitamin B3) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.7 Vanetta
2.7.1 Business Overview
2.7.2 Niacin (Vitamin B3) Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Vanetta Niacin (Vitamin B3) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.8 DSM
2.8.1 Business Overview
2.8.2 Niacin (Vitamin B3) Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 DSM Niacin (Vitamin B3) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.9 Tianjin Zhongrui Pharmaceutical
2.9.1 Business Overview
2.9.2 Niacin (Vitamin B3) Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Tianjin Zhongrui Pharmaceutical Niacin (Vitamin B3) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
2.10 Resonance Specialties
2.10.1 Business Overview
2.10.2 Niacin (Vitamin B3) Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 Resonance Specialties Niacin (Vitamin B3) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
3 Global Niacin (Vitamin B3) Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
3.1 Global Niacin (Vitamin B3) Sales and Market Share by Manufacturer (2017-2018)
3.2 Global Niacin (Vitamin B3) Revenue and Market Share by Manufacturer (2017-2018)
3.3 Market Concentration Rate
3.3.1 Top 3 Niacin (Vitamin B3) Manufacturer Market Share in 2018
3.3.2 Top 6 Niacin (Vitamin B3) Manufacturer Market Share in 2018
3.4 Market Competition Trend
4 Global Niacin (Vitamin B3) Market Analysis by Regions
4.1 Global Niacin (Vitamin B3) Sales, Revenue and Market Share by Regions
4.1.1 Global Niacin (Vitamin B3) Sales and Market Share by Regions (2014-2019)
4.1.2 Global Niacin (Vitamin B3) Revenue and Market Share by Regions (2014-2019)
4.2 North America Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
4.3 Europe Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
4.4 Asia-Pacific Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
4.5 South America Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
4.6 Middle East and Africa Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
5 North America Niacin (Vitamin B3) by Country
5.1 North America Niacin (Vitamin B3) Sales, Revenue and Market Share by Country
5.1.1 North America Niacin (Vitamin B3) Sales and Market Share by Country (2014-2019)
5.1.2 North America Niacin (Vitamin B3) Revenue and Market Share by Country (2014-2019)
5.2 United States Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
5.3 Canada Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
5.4 Mexico Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
6 Europe Niacin (Vitamin B3) by Country
6.1 Europe Niacin (Vitamin B3) Sales, Revenue and Market Share by Country
6.1.1 Europe Niacin (Vitamin B3) Sales and Market Share by Country (2014-2019)
6.1.2 Europe Niacin (Vitamin B3) Revenue and Market Share by Country (2014-2019)
6.2 Germany Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
6.3 UK Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
6.4 France Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
6.5 Russia Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
6.6 Italy Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
7 Asia-Pacific Niacin (Vitamin B3) by Country
7.1 Asia-Pacific Niacin (Vitamin B3) Sales, Revenue and Market Share by Country
7.1.1 Asia-Pacific Niacin (Vitamin B3) Sales and Market Share by Country (2014-2019)
7.1.2 Asia-Pacific Niacin (Vitamin B3) Revenue and Market Share by Country (2014-2019)
7.2 China Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
7.3 Japan Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
7.4 Korea Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
7.5 India Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
7.6 Southeast Asia Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
8 South America Niacin (Vitamin B3) by Country
8.1 South America Niacin (Vitamin B3) Sales, Revenue and Market Share by Country
8.1.1 South America Niacin (Vitamin B3) Sales and Market Share by Country (2014-2019)
8.1.2 South America Niacin (Vitamin B3) Revenue and Market Share by Country (2014-2019)
8.2 Brazil Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
8.3 Argentina Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
8.4 Colombia Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
9 Middle East and Africa Niacin (Vitamin B3) by Countries
9.1 Middle East and Africa Niacin (Vitamin B3) Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa Niacin (Vitamin B3) Sales and Market Share by Country (2014-2019)
9.1.2 Middle East and Africa Niacin (Vitamin B3) Revenue and Market Share by Country (2014-2019)
9.2 Saudi Arabia Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
9.3 Turkey Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
9.4 Egypt Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
9.5 Nigeria Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
9.6 South Africa Niacin (Vitamin B3) Sales and Growth Rate (2014-2019)
10 Global Niacin (Vitamin B3) Market Segment by Type
10.1 Global Niacin (Vitamin B3) Sales, Revenue and Market Share by Type (2014-2019)
10.1.1 Global Niacin (Vitamin B3) Sales and Market Share by Type (2014-2019)
10.1.2 Global Niacin (Vitamin B3) Revenue and Market Share by Type (2014-2019)
10.2 Pharmaceutical Grade Sales Growth and Price
10.2.1 Global Pharmaceutical Grade Sales Growth (2014-2019)
10.2.2 Global Pharmaceutical Grade Price (2014-2019)
10.3 Feed Grade Sales Growth and Price
10.3.1 Global Feed Grade Sales Growth (2014-2019)
10.3.2 Global Feed Grade Price (2014-2019)
11 Global Niacin (Vitamin B3) Market Segment by Application
11.1 Global Niacin (Vitamin B3) Sales Market Share by Application (2014-2019)
11.2 Feed Additives Sales Growth (2014-2019)
11.3 Food and Drinks Industry Sales Growth (2014-2019)
11.4 Pharmaceutical Industry Sales Growth (2014-2019)
11.5 Daily Chemicals Sales Growth (2014-2019)
12 Niacin (Vitamin B3) Market Forecast (2019-2024)
12.1 Global Niacin (Vitamin B3) Sales, Revenue and Growth Rate (2019-2024)
12.2 Niacin (Vitamin B3) Market Forecast by Regions (2019-2024)
12.2.1 North America Niacin (Vitamin B3) Market Forecast (2019-2024)
12.2.2 Europe Niacin (Vitamin B3) Market Forecast (2019-2024)
12.2.3 Asia-Pacific Niacin (Vitamin B3) Market Forecast (2019-2024)
12.2.4 South America Niacin (Vitamin B3) Market Forecast (2019-2024)
12.2.5 Middle East and Africa Niacin (Vitamin B3) Market Forecast (2019-2024)
12.3 Niacin (Vitamin B3) Market Forecast by Type (2019-2024)
12.3.1 Global Niacin (Vitamin B3) Sales Forecast by Type (2019-2024)
12.3.2 Global Niacin (Vitamin B3) Market Share Forecast by Type (2019-2024)
12.4 Niacin (Vitamin B3) Market Forecast by Application (2019-2024)
12.4.1 Global Niacin (Vitamin B3) Sales Forecast by Application (2019-2024)
12.4.2 Global Niacin (Vitamin B3) Market Share Forecast by Application (2019-2024)
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.1.3 Marketing Channel Future Trend
13.2 Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Data Source
List of Tables and Figures
Figure Niacin (Vitamin B3) Picture
Table Product Specifications of Niacin (Vitamin B3)
Figure Global Sales Market Share of Niacin (Vitamin B3) by Types in 2018