Global Nicotinic Acid (Vitamin B3) Supply, Demand and Key Producers, 2023-2029

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Published Date: 26 Feb 2023

Category: Chemical & Material

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Description
Table of Contents
Table of Figures
Research Methodology
Related Reports
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Description

This report studies the global Nicotinic Acid (Vitamin B3) production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Nicotinic Acid (Vitamin B3), and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Nicotinic Acid (Vitamin B3) that contribute to its increasing demand across many markets.

The global Nicotinic Acid (Vitamin B3) market size is expected to reach $ 1172 million by 2029, rising at a market growth of 4.5% CAGR during the forecast period (2023-2029).

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%.

Highlights and key features of the study
Global Nicotinic Acid (Vitamin B3) total production and demand, 2018-2029, (K MT)
Global Nicotinic Acid (Vitamin B3) total production value, 2018-2029, (USD Million)
Global Nicotinic Acid (Vitamin B3) production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K MT)
Global Nicotinic Acid (Vitamin B3) consumption by region & country, CAGR, 2018-2029 & (K MT)
U.S. VS China: Nicotinic Acid (Vitamin B3) domestic production, consumption, key domestic manufacturers and share
Global Nicotinic Acid (Vitamin B3) production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K MT)
Global Nicotinic Acid (Vitamin B3) production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K MT)
Global Nicotinic Acid (Vitamin B3) production by Application production, value, CAGR, 2018-2029, (USD Million) & (K MT)
This reports profiles key players in the global Nicotinic Acid (Vitamin B3) market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Aarti Drugs, Brother Enterprises Holding, DSM, Jubilant Life Science, Lanbo Biotechnology, Lasons, Lonza, Nantong Acetic Acid Chemical and Red Sun Group, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Nicotinic Acid (Vitamin B3) market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Nicotinic Acid (Vitamin B3) Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Nicotinic Acid (Vitamin B3) Market, Segmentation by Type
    Niacin Lowers Cholesterol
    Others

Global Nicotinic Acid (Vitamin B3) Market, Segmentation by Application
    Feed Additives
    Food & Beverage
    Pharmaceuticals
    Industrial
    Daily Chemicals

Companies Profiled:
    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 Answered
1. How big is the global Nicotinic Acid (Vitamin B3) market?
2. What is the demand of the global Nicotinic Acid (Vitamin B3) market?
3. What is the year over year growth of the global Nicotinic Acid (Vitamin B3) market?
4. What is the production and production value of the global Nicotinic Acid (Vitamin B3) market?
5. Who are the key producers in the global Nicotinic Acid (Vitamin B3) market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Nicotinic Acid (Vitamin B3) Introduction
    1.2 World Nicotinic Acid (Vitamin B3) Supply & Forecast
        1.2.1 World Nicotinic Acid (Vitamin B3) Production Value (2018 & 2022 & 2029)
        1.2.2 World Nicotinic Acid (Vitamin B3) Production (2018-2029)
        1.2.3 World Nicotinic Acid (Vitamin B3) Pricing Trends (2018-2029)
    1.3 World Nicotinic Acid (Vitamin B3) Production by Region (Based on Production Site)
        1.3.1 World Nicotinic Acid (Vitamin B3) Production Value by Region (2018-2029)
        1.3.2 World Nicotinic Acid (Vitamin B3) Production by Region (2018-2029)
        1.3.3 World Nicotinic Acid (Vitamin B3) Average Price by Region (2018-2029)
        1.3.4 North America Nicotinic Acid (Vitamin B3) Production (2018-2029)
        1.3.5 Europe Nicotinic Acid (Vitamin B3) Production (2018-2029)
        1.3.6 China Nicotinic Acid (Vitamin B3) Production (2018-2029)
        1.3.7 Japan Nicotinic Acid (Vitamin B3) Production (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Nicotinic Acid (Vitamin B3) Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Nicotinic Acid (Vitamin B3) Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Nicotinic Acid (Vitamin B3) Demand (2018-2029)
    2.2 World Nicotinic Acid (Vitamin B3) Consumption by Region
        2.2.1 World Nicotinic Acid (Vitamin B3) Consumption by Region (2018-2023)
        2.2.2 World Nicotinic Acid (Vitamin B3) Consumption Forecast by Region (2024-2029)
    2.3 United States Nicotinic Acid (Vitamin B3) Consumption (2018-2029)
    2.4 China Nicotinic Acid (Vitamin B3) Consumption (2018-2029)
    2.5 Europe Nicotinic Acid (Vitamin B3) Consumption (2018-2029)
    2.6 Japan Nicotinic Acid (Vitamin B3) Consumption (2018-2029)
    2.7 South Korea Nicotinic Acid (Vitamin B3) Consumption (2018-2029)
    2.8 ASEAN Nicotinic Acid (Vitamin B3) Consumption (2018-2029)
    2.9 India Nicotinic Acid (Vitamin B3) Consumption (2018-2029)

3 World Nicotinic Acid (Vitamin B3) Manufacturers Competitive Analysis
    3.1 World Nicotinic Acid (Vitamin B3) Production Value by Manufacturer (2018-2023)
    3.2 World Nicotinic Acid (Vitamin B3) Production by Manufacturer (2018-2023)
    3.3 World Nicotinic Acid (Vitamin B3) Average Price by Manufacturer (2018-2023)
    3.4 Nicotinic Acid (Vitamin B3) Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Nicotinic Acid (Vitamin B3) Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Nicotinic Acid (Vitamin B3) in 2022
        3.5.3 Global Concentration Ratios (CR8) for Nicotinic Acid (Vitamin B3) in 2022
    3.6 Nicotinic Acid (Vitamin B3) Market: Overall Company Footprint Analysis
        3.6.1 Nicotinic Acid (Vitamin B3) Market: Region Footprint
        3.6.2 Nicotinic Acid (Vitamin B3) Market: Company Product Type Footprint
        3.6.3 Nicotinic Acid (Vitamin B3) Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Nicotinic Acid (Vitamin B3) Production Value Comparison
        4.1.1 United States VS China: Nicotinic Acid (Vitamin B3) Production Value Comparison (2018 & 2022 & 2029)
        4.1.2 United States VS China: Nicotinic Acid (Vitamin B3) Production Value Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States VS China: Nicotinic Acid (Vitamin B3) Production Comparison
        4.2.1 United States VS China: Nicotinic Acid (Vitamin B3) Production Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Nicotinic Acid (Vitamin B3) Production Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States VS China: Nicotinic Acid (Vitamin B3) Consumption Comparison
        4.3.1 United States VS China: Nicotinic Acid (Vitamin B3) Consumption Comparison (2018 & 2022 & 2029)
        4.3.2 United States VS China: Nicotinic Acid (Vitamin B3) Consumption Market Share Comparison (2018 & 2022 & 2029)
    4.4 United States Based Nicotinic Acid (Vitamin B3) Manufacturers and Market Share, 2018-2023
        4.4.1 United States Based Nicotinic Acid (Vitamin B3) Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Nicotinic Acid (Vitamin B3) Production Value (2018-2023)
        4.4.3 United States Based Manufacturers Nicotinic Acid (Vitamin B3) Production (2018-2023)
    4.5 China Based Nicotinic Acid (Vitamin B3) Manufacturers and Market Share
        4.5.1 China Based Nicotinic Acid (Vitamin B3) Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Nicotinic Acid (Vitamin B3) Production Value (2018-2023)
        4.5.3 China Based Manufacturers Nicotinic Acid (Vitamin B3) Production (2018-2023)
    4.6 Rest of World Based Nicotinic Acid (Vitamin B3) Manufacturers and Market Share, 2018-2023
        4.6.1 Rest of World Based Nicotinic Acid (Vitamin B3) Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Nicotinic Acid (Vitamin B3) Production Value (2018-2023)
        4.6.3 Rest of World Based Manufacturers Nicotinic Acid (Vitamin B3) Production (2018-2023)

5 Market Analysis by Type
    5.1 World Nicotinic Acid (Vitamin B3) Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Niacin Lowers Cholesterol
        5.2.2 Others
    5.3 Market Segment by Type
        5.3.1 World Nicotinic Acid (Vitamin B3) Production by Type (2018-2029)
        5.3.2 World Nicotinic Acid (Vitamin B3) Production Value by Type (2018-2029)
        5.3.3 World Nicotinic Acid (Vitamin B3) Average Price by Type (2018-2029)

6 Market Analysis by Application
    6.1 World Nicotinic Acid (Vitamin B3) Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Feed Additives
        6.2.2 Food & Beverage
        6.2.3 Pharmaceuticals
        6.2.4 Industrial
        6.2.5 Daily Chemicals
    6.3 Market Segment by Application
        6.3.1 World Nicotinic Acid (Vitamin B3) Production by Application (2018-2029)
        6.3.2 World Nicotinic Acid (Vitamin B3) Production Value by Application (2018-2029)
        6.3.3 World Nicotinic Acid (Vitamin B3) Average Price by Application (2018-2029)

7 Company Profiles
    7.1 Aarti Drugs
        7.1.1 Aarti Drugs Details
        7.1.2 Aarti Drugs Major Business
        7.1.3 Aarti Drugs Nicotinic Acid (Vitamin B3) Product and Services
        7.1.4 Aarti Drugs Nicotinic Acid (Vitamin B3) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.1.5 Aarti Drugs Recent Developments/Updates
        7.1.6 Aarti Drugs Competitive Strengths & Weaknesses
    7.2 Brother Enterprises Holding
        7.2.1 Brother Enterprises Holding Details
        7.2.2 Brother Enterprises Holding Major Business
        7.2.3 Brother Enterprises Holding Nicotinic Acid (Vitamin B3) Product and Services
        7.2.4 Brother Enterprises Holding Nicotinic Acid (Vitamin B3) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.2.5 Brother Enterprises Holding Recent Developments/Updates
        7.2.6 Brother Enterprises Holding Competitive Strengths & Weaknesses
    7.3 DSM
        7.3.1 DSM Details
        7.3.2 DSM Major Business
        7.3.3 DSM Nicotinic Acid (Vitamin B3) Product and Services
        7.3.4 DSM Nicotinic Acid (Vitamin B3) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.3.5 DSM Recent Developments/Updates
        7.3.6 DSM Competitive Strengths & Weaknesses
    7.4 Jubilant Life Science
        7.4.1 Jubilant Life Science Details
        7.4.2 Jubilant Life Science Major Business
        7.4.3 Jubilant Life Science Nicotinic Acid (Vitamin B3) Product and Services
        7.4.4 Jubilant Life Science Nicotinic Acid (Vitamin B3) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.4.5 Jubilant Life Science Recent Developments/Updates
        7.4.6 Jubilant Life Science Competitive Strengths & Weaknesses
    7.5 Lanbo Biotechnology
        7.5.1 Lanbo Biotechnology Details
        7.5.2 Lanbo Biotechnology Major Business
        7.5.3 Lanbo Biotechnology Nicotinic Acid (Vitamin B3) Product and Services
        7.5.4 Lanbo Biotechnology Nicotinic Acid (Vitamin B3) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.5.5 Lanbo Biotechnology Recent Developments/Updates
        7.5.6 Lanbo Biotechnology Competitive Strengths & Weaknesses
    7.6 Lasons
        7.6.1 Lasons Details
        7.6.2 Lasons Major Business
        7.6.3 Lasons Nicotinic Acid (Vitamin B3) Product and Services
        7.6.4 Lasons Nicotinic Acid (Vitamin B3) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.6.5 Lasons Recent Developments/Updates
        7.6.6 Lasons Competitive Strengths & Weaknesses
    7.7 Lonza
        7.7.1 Lonza Details
        7.7.2 Lonza Major Business
        7.7.3 Lonza Nicotinic Acid (Vitamin B3) Product and Services
        7.7.4 Lonza Nicotinic Acid (Vitamin B3) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.7.5 Lonza Recent Developments/Updates
        7.7.6 Lonza Competitive Strengths & Weaknesses
    7.8 Nantong Acetic Acid Chemical
        7.8.1 Nantong Acetic Acid Chemical Details
        7.8.2 Nantong Acetic Acid Chemical Major Business
        7.8.3 Nantong Acetic Acid Chemical Nicotinic Acid (Vitamin B3) Product and Services
        7.8.4 Nantong Acetic Acid Chemical Nicotinic Acid (Vitamin B3) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.8.5 Nantong Acetic Acid Chemical Recent Developments/Updates
        7.8.6 Nantong Acetic Acid Chemical Competitive Strengths & Weaknesses
    7.9 Red Sun Group
        7.9.1 Red Sun Group Details
        7.9.2 Red Sun Group Major Business
        7.9.3 Red Sun Group Nicotinic Acid (Vitamin B3) Product and Services
        7.9.4 Red Sun Group Nicotinic Acid (Vitamin B3) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.9.5 Red Sun Group Recent Developments/Updates
        7.9.6 Red Sun Group Competitive Strengths & Weaknesses
    7.10 Resonance Specialties
        7.10.1 Resonance Specialties Details
        7.10.2 Resonance Specialties Major Business
        7.10.3 Resonance Specialties Nicotinic Acid (Vitamin B3) Product and Services
        7.10.4 Resonance Specialties Nicotinic Acid (Vitamin B3) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.10.5 Resonance Specialties Recent Developments/Updates
        7.10.6 Resonance Specialties Competitive Strengths & Weaknesses
    7.11 Tianjin Zhongrui Pharmaceutical
        7.11.1 Tianjin Zhongrui Pharmaceutical Details
        7.11.2 Tianjin Zhongrui Pharmaceutical Major Business
        7.11.3 Tianjin Zhongrui Pharmaceutical Nicotinic Acid (Vitamin B3) Product and Services
        7.11.4 Tianjin Zhongrui Pharmaceutical Nicotinic Acid (Vitamin B3) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.11.5 Tianjin Zhongrui Pharmaceutical Recent Developments/Updates
        7.11.6 Tianjin Zhongrui Pharmaceutical Competitive Strengths & Weaknesses
    7.12 Vanetta
        7.12.1 Vanetta Details
        7.12.2 Vanetta Major Business
        7.12.3 Vanetta Nicotinic Acid (Vitamin B3) Product and Services
        7.12.4 Vanetta Nicotinic Acid (Vitamin B3) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.12.5 Vanetta Recent Developments/Updates
        7.12.6 Vanetta Competitive Strengths & Weaknesses
    7.13 Vertellus
        7.13.1 Vertellus Details
        7.13.2 Vertellus Major Business
        7.13.3 Vertellus Nicotinic Acid (Vitamin B3) Product and Services
        7.13.4 Vertellus Nicotinic Acid (Vitamin B3) Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.13.5 Vertellus Recent Developments/Updates
        7.13.6 Vertellus Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Nicotinic Acid (Vitamin B3) Industry Chain
    8.2 Nicotinic Acid (Vitamin B3) Upstream Analysis
        8.2.1 Nicotinic Acid (Vitamin B3) Core Raw Materials
        8.2.2 Main Manufacturers of Nicotinic Acid (Vitamin B3) Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Nicotinic Acid (Vitamin B3) Production Mode
    8.6 Nicotinic Acid (Vitamin B3) Procurement Model
    8.7 Nicotinic Acid (Vitamin B3) Industry Sales Model and Sales Channels
        8.7.1 Nicotinic Acid (Vitamin B3) Sales Model
        8.7.2 Nicotinic Acid (Vitamin B3) Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Nicotinic Acid (Vitamin B3) Production Value by Region (2018, 2022 and 2029) & (USD Million)
    Table 2. World Nicotinic Acid (Vitamin B3) Production Value by Region (2018-2023) & (USD Million)
    Table 3. World Nicotinic Acid (Vitamin B3) Production Value by Region (2024-2029) & (USD Million)
    Table 4. World Nicotinic Acid (Vitamin B3) Production Value Market Share by Region (2018-2023)
    Table 5. World Nicotinic Acid (Vitamin B3) Production Value Market Share by Region (2024-2029)
    Table 6. World Nicotinic Acid (Vitamin B3) Production by Region (2018-2023) & (K MT)
    Table 7. World Nicotinic Acid (Vitamin B3) Production by Region (2024-2029) & (K MT)
    Table 8. World Nicotinic Acid (Vitamin B3) Production Market Share by Region (2018-2023)
    Table 9. World Nicotinic Acid (Vitamin B3) Production Market Share by Region (2024-2029)
    Table 10. World Nicotinic Acid (Vitamin B3) Average Price by Region (2018-2023) & (USD/MT)
    Table 11. World Nicotinic Acid (Vitamin B3) Average Price by Region (2024-2029) & (USD/MT)
    Table 12. Nicotinic Acid (Vitamin B3) Major Market Trends
    Table 13. World Nicotinic Acid (Vitamin B3) Consumption Growth Rate Forecast by Region (2018 & 2022 & 2029) & (K MT)
    Table 14. World Nicotinic Acid (Vitamin B3) Consumption by Region (2018-2023) & (K MT)
    Table 15. World Nicotinic Acid (Vitamin B3) Consumption Forecast by Region (2024-2029) & (K MT)
    Table 16. World Nicotinic Acid (Vitamin B3) Production Value by Manufacturer (2018-2023) & (USD Million)
    Table 17. Production Value Market Share of Key Nicotinic Acid (Vitamin B3) Producers in 2022
    Table 18. World Nicotinic Acid (Vitamin B3) Production by Manufacturer (2018-2023) & (K MT)
    Table 19. Production Market Share of Key Nicotinic Acid (Vitamin B3) Producers in 2022
    Table 20. World Nicotinic Acid (Vitamin B3) Average Price by Manufacturer (2018-2023) & (USD/MT)
    Table 21. Global Nicotinic Acid (Vitamin B3) Company Evaluation Quadrant
    Table 22. World Nicotinic Acid (Vitamin B3) Industry Rank of Major Manufacturers, Based on Production Value in 2022
    Table 23. Head Office and Nicotinic Acid (Vitamin B3) Production Site of Key Manufacturer
    Table 24. Nicotinic Acid (Vitamin B3) Market: Company Product Type Footprint
    Table 25. Nicotinic Acid (Vitamin B3) Market: Company Product Application Footprint
    Table 26. Nicotinic Acid (Vitamin B3) Competitive Factors
    Table 27. Nicotinic Acid (Vitamin B3) New Entrant and Capacity Expansion Plans
    Table 28. Nicotinic Acid (Vitamin B3) Mergers & Acquisitions Activity
    Table 29. United States VS China Nicotinic Acid (Vitamin B3) Production Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 30. United States VS China Nicotinic Acid (Vitamin B3) Production Comparison, (2018 & 2022 & 2029) & (K MT)
    Table 31. United States VS China Nicotinic Acid (Vitamin B3) Consumption Comparison, (2018 & 2022 & 2029) & (K MT)
    Table 32. United States Based Nicotinic Acid (Vitamin B3) Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers Nicotinic Acid (Vitamin B3) Production Value, (2018-2023) & (USD Million)
    Table 34. United States Based Manufacturers Nicotinic Acid (Vitamin B3) Production Value Market Share (2018-2023)
    Table 35. United States Based Manufacturers Nicotinic Acid (Vitamin B3) Production (2018-2023) & (K MT)
    Table 36. United States Based Manufacturers Nicotinic Acid (Vitamin B3) Production Market Share (2018-2023)
    Table 37. China Based Nicotinic Acid (Vitamin B3) Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers Nicotinic Acid (Vitamin B3) Production Value, (2018-2023) & (USD Million)
    Table 39. China Based Manufacturers Nicotinic Acid (Vitamin B3) Production Value Market Share (2018-2023)
    Table 40. China Based Manufacturers Nicotinic Acid (Vitamin B3) Production (2018-2023) & (K MT)
    Table 41. China Based Manufacturers Nicotinic Acid (Vitamin B3) Production Market Share (2018-2023)
    Table 42. Rest of World Based Nicotinic Acid (Vitamin B3) Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers Nicotinic Acid (Vitamin B3) Production Value, (2018-2023) & (USD Million)
    Table 44. Rest of World Based Manufacturers Nicotinic Acid (Vitamin B3) Production Value Market Share (2018-2023)
    Table 45. Rest of World Based Manufacturers Nicotinic Acid (Vitamin B3) Production (2018-2023) & (K MT)
    Table 46. Rest of World Based Manufacturers Nicotinic Acid (Vitamin B3) Production Market Share (2018-2023)
    Table 47. World Nicotinic Acid (Vitamin B3) Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 48. World Nicotinic Acid (Vitamin B3) Production by Type (2018-2023) & (K MT)
    Table 49. World Nicotinic Acid (Vitamin B3) Production by Type (2024-2029) & (K MT)
    Table 50. World Nicotinic Acid (Vitamin B3) Production Value by Type (2018-2023) & (USD Million)
    Table 51. World Nicotinic Acid (Vitamin B3) Production Value by Type (2024-2029) & (USD Million)
    Table 52. World Nicotinic Acid (Vitamin B3) Average Price by Type (2018-2023) & (USD/MT)
    Table 53. World Nicotinic Acid (Vitamin B3) Average Price by Type (2024-2029) & (USD/MT)
    Table 54. World Nicotinic Acid (Vitamin B3) Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 55. World Nicotinic Acid (Vitamin B3) Production by Application (2018-2023) & (K MT)
    Table 56. World Nicotinic Acid (Vitamin B3) Production by Application (2024-2029) & (K MT)
    Table 57. World Nicotinic Acid (Vitamin B3) Production Value by Application (2018-2023) & (USD Million)
    Table 58. World Nicotinic Acid (Vitamin B3) Production Value by Application (2024-2029) & (USD Million)
    Table 59. World Nicotinic Acid (Vitamin B3) Average Price by Application (2018-2023) & (USD/MT)
    Table 60. World Nicotinic Acid (Vitamin B3) Average Price by Application (2024-2029) & (USD/MT)
    Table 61. Aarti Drugs Basic Information, Manufacturing Base and Competitors
    Table 62. Aarti Drugs Major Business
    Table 63. Aarti Drugs Nicotinic Acid (Vitamin B3) Product and Services
    Table 64. Aarti Drugs Nicotinic Acid (Vitamin B3) Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 65. Aarti Drugs Recent Developments/Updates
    Table 66. Aarti Drugs Competitive Strengths & Weaknesses
    Table 67. Brother Enterprises Holding Basic Information, Manufacturing Base and Competitors
    Table 68. Brother Enterprises Holding Major Business
    Table 69. Brother Enterprises Holding Nicotinic Acid (Vitamin B3) Product and Services
    Table 70. Brother Enterprises Holding Nicotinic Acid (Vitamin B3) Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 71. Brother Enterprises Holding Recent Developments/Updates
    Table 72. Brother Enterprises Holding Competitive Strengths & Weaknesses
    Table 73. DSM Basic Information, Manufacturing Base and Competitors
    Table 74. DSM Major Business
    Table 75. DSM Nicotinic Acid (Vitamin B3) Product and Services
    Table 76. DSM Nicotinic Acid (Vitamin B3) Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. DSM Recent Developments/Updates
    Table 78. DSM Competitive Strengths & Weaknesses
    Table 79. Jubilant Life Science Basic Information, Manufacturing Base and Competitors
    Table 80. Jubilant Life Science Major Business
    Table 81. Jubilant Life Science Nicotinic Acid (Vitamin B3) Product and Services
    Table 82. Jubilant Life Science Nicotinic Acid (Vitamin B3) Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 83. Jubilant Life Science Recent Developments/Updates
    Table 84. Jubilant Life Science Competitive Strengths & Weaknesses
    Table 85. Lanbo Biotechnology Basic Information, Manufacturing Base and Competitors
    Table 86. Lanbo Biotechnology Major Business
    Table 87. Lanbo Biotechnology Nicotinic Acid (Vitamin B3) Product and Services
    Table 88. Lanbo Biotechnology Nicotinic Acid (Vitamin B3) Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 89. Lanbo Biotechnology Recent Developments/Updates
    Table 90. Lanbo Biotechnology Competitive Strengths & Weaknesses
    Table 91. Lasons Basic Information, Manufacturing Base and Competitors
    Table 92. Lasons Major Business
    Table 93. Lasons Nicotinic Acid (Vitamin B3) Product and Services
    Table 94. Lasons Nicotinic Acid (Vitamin B3) Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 95. Lasons Recent Developments/Updates
    Table 96. Lasons Competitive Strengths & Weaknesses
    Table 97. Lonza Basic Information, Manufacturing Base and Competitors
    Table 98. Lonza Major Business
    Table 99. Lonza Nicotinic Acid (Vitamin B3) Product and Services
    Table 100. Lonza Nicotinic Acid (Vitamin B3) Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 101. Lonza Recent Developments/Updates
    Table 102. Lonza Competitive Strengths & Weaknesses
    Table 103. Nantong Acetic Acid Chemical Basic Information, Manufacturing Base and Competitors
    Table 104. Nantong Acetic Acid Chemical Major Business
    Table 105. Nantong Acetic Acid Chemical Nicotinic Acid (Vitamin B3) Product and Services
    Table 106. Nantong Acetic Acid Chemical Nicotinic Acid (Vitamin B3) Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 107. Nantong Acetic Acid Chemical Recent Developments/Updates
    Table 108. Nantong Acetic Acid Chemical Competitive Strengths & Weaknesses
    Table 109. Red Sun Group Basic Information, Manufacturing Base and Competitors
    Table 110. Red Sun Group Major Business
    Table 111. Red Sun Group Nicotinic Acid (Vitamin B3) Product and Services
    Table 112. Red Sun Group Nicotinic Acid (Vitamin B3) Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 113. Red Sun Group Recent Developments/Updates
    Table 114. Red Sun Group Competitive Strengths & Weaknesses
    Table 115. Resonance Specialties Basic Information, Manufacturing Base and Competitors
    Table 116. Resonance Specialties Major Business
    Table 117. Resonance Specialties Nicotinic Acid (Vitamin B3) Product and Services
    Table 118. Resonance Specialties Nicotinic Acid (Vitamin B3) Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 119. Resonance Specialties Recent Developments/Updates
    Table 120. Resonance Specialties Competitive Strengths & Weaknesses
    Table 121. Tianjin Zhongrui Pharmaceutical Basic Information, Manufacturing Base and Competitors
    Table 122. Tianjin Zhongrui Pharmaceutical Major Business
    Table 123. Tianjin Zhongrui Pharmaceutical Nicotinic Acid (Vitamin B3) Product and Services
    Table 124. Tianjin Zhongrui Pharmaceutical Nicotinic Acid (Vitamin B3) Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 125. Tianjin Zhongrui Pharmaceutical Recent Developments/Updates
    Table 126. Tianjin Zhongrui Pharmaceutical Competitive Strengths & Weaknesses
    Table 127. Vanetta Basic Information, Manufacturing Base and Competitors
    Table 128. Vanetta Major Business
    Table 129. Vanetta Nicotinic Acid (Vitamin B3) Product and Services
    Table 130. Vanetta Nicotinic Acid (Vitamin B3) Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 131. Vanetta Recent Developments/Updates
    Table 132. Vertellus Basic Information, Manufacturing Base and Competitors
    Table 133. Vertellus Major Business
    Table 134. Vertellus Nicotinic Acid (Vitamin B3) Product and Services
    Table 135. Vertellus Nicotinic Acid (Vitamin B3) Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 136. Global Key Players of Nicotinic Acid (Vitamin B3) Upstream (Raw Materials)
    Table 137. Nicotinic Acid (Vitamin B3) Typical Customers
    Table 138. Nicotinic Acid (Vitamin B3) Typical Distributors
List of Figure
    Figure 1. Nicotinic Acid (Vitamin B3) Picture
    Figure 2. World Nicotinic Acid (Vitamin B3) Production Value: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Nicotinic Acid (Vitamin B3) Production Value and Forecast (2018-2029) & (USD Million)
    Figure 4. World Nicotinic Acid (Vitamin B3) Production (2018-2029) & (K MT)
    Figure 5. World Nicotinic Acid (Vitamin B3) Average Price (2018-2029) & (USD/MT)
    Figure 6. World Nicotinic Acid (Vitamin B3) Production Value Market Share by Region (2018-2029)
    Figure 7. World Nicotinic Acid (Vitamin B3) Production Market Share by Region (2018-2029)
    Figure 8. North America Nicotinic Acid (Vitamin B3) Production (2018-2029) & (K MT)
    Figure 9. Europe Nicotinic Acid (Vitamin B3) Production (2018-2029) & (K MT)
    Figure 10. China Nicotinic Acid (Vitamin B3) Production (2018-2029) & (K MT)
    Figure 11. Japan Nicotinic Acid (Vitamin B3) Production (2018-2029) & (K MT)
    Figure 12. Nicotinic Acid (Vitamin B3) Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. World Nicotinic Acid (Vitamin B3) Consumption (2018-2029) & (K MT)
    Figure 15. World Nicotinic Acid (Vitamin B3) Consumption Market Share by Region (2018-2029)
    Figure 16. United States Nicotinic Acid (Vitamin B3) Consumption (2018-2029) & (K MT)
    Figure 17. China Nicotinic Acid (Vitamin B3) Consumption (2018-2029) & (K MT)
    Figure 18. Europe Nicotinic Acid (Vitamin B3) Consumption (2018-2029) & (K MT)
    Figure 19. Japan Nicotinic Acid (Vitamin B3) Consumption (2018-2029) & (K MT)
    Figure 20. South Korea Nicotinic Acid (Vitamin B3) Consumption (2018-2029) & (K MT)
    Figure 21. ASEAN Nicotinic Acid (Vitamin B3) Consumption (2018-2029) & (K MT)
    Figure 22. India Nicotinic Acid (Vitamin B3) Consumption (2018-2029) & (K MT)
    Figure 23. Producer Shipments of Nicotinic Acid (Vitamin B3) by Manufacturer Revenue ($MM) and Market Share (%): 2022
    Figure 24. Global Four-firm Concentration Ratios (CR4) for Nicotinic Acid (Vitamin B3) Markets in 2022
    Figure 25. Global Four-firm Concentration Ratios (CR8) for Nicotinic Acid (Vitamin B3) Markets in 2022
    Figure 26. United States VS China: Nicotinic Acid (Vitamin B3) Production Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 27. United States VS China: Nicotinic Acid (Vitamin B3) Production Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Nicotinic Acid (Vitamin B3) Consumption Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. United States Based Manufacturers Nicotinic Acid (Vitamin B3) Production Market Share 2022
    Figure 30. China Based Manufacturers Nicotinic Acid (Vitamin B3) Production Market Share 2022
    Figure 31. Rest of World Based Manufacturers Nicotinic Acid (Vitamin B3) Production Market Share 2022
    Figure 32. World Nicotinic Acid (Vitamin B3) Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 33. World Nicotinic Acid (Vitamin B3) Production Value Market Share by Type in 2022
    Figure 34. Niacin Lowers Cholesterol
    Figure 35. Others
    Figure 36. World Nicotinic Acid (Vitamin B3) Production Market Share by Type (2018-2029)
    Figure 37. World Nicotinic Acid (Vitamin B3) Production Value Market Share by Type (2018-2029)
    Figure 38. World Nicotinic Acid (Vitamin B3) Average Price by Type (2018-2029) & (USD/MT)
    Figure 39. World Nicotinic Acid (Vitamin B3) Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 40. World Nicotinic Acid (Vitamin B3) Production Value Market Share by Application in 2022
    Figure 41. Feed Additives
    Figure 42. Food & Beverage
    Figure 43. Pharmaceuticals
    Figure 44. Industrial
    Figure 45. Daily Chemicals
    Figure 46. World Nicotinic Acid (Vitamin B3) Production Market Share by Application (2018-2029)
    Figure 47. World Nicotinic Acid (Vitamin B3) Production Value Market Share by Application (2018-2029)
    Figure 48. World Nicotinic Acid (Vitamin B3) Average Price by Application (2018-2029) & (USD/MT)
    Figure 49. Nicotinic Acid (Vitamin B3) Industry Chain
    Figure 50. Nicotinic Acid (Vitamin B3) Procurement Model
    Figure 51. Nicotinic Acid (Vitamin B3) Sales Model
    Figure 52. Nicotinic Acid (Vitamin B3) Sales Channels, Direct Sales, and Distribution
    Figure 53. Methodology
    Figure 54. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Related Reports

Global Nicotinic Acid (Vitamin B3) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Nicotinic Acid (Vitamin B3) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

date 02 Jan 2024

date Chemical & Material

According to our (Global Info Research) latest study, the global Nicotinic Acid (Vitamin B3) market size was valued at USD 861.3 million in 2023 and is forecast to a readjusted size of USD 1172 million by 2030 with a CAGR of 4.5% during review period.

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