(EMAILWIRE.COM, July 25, 2019 ) 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.
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.

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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 global Niacin (Vitamin B3) market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Niacin (Vitamin B3) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Niacin (Vitamin B3) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
Lonza
Jubilant Life Sciences
Vertellus
Brother Enterprises
Zhejiang Lanbo Biotechnology
Lasons India
Vanetta
DSM
Tianjin Zhongrui Pharmaceutical
Resonance Specialties

Segment by Regions
North America
Europe
China
Japan

Segment by Type
Pharmaceutical Grade
Feed Grade

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Segment by Application
Feed Additives
Food and Drinks Industry
Pharmaceutical Industry
Daily Chemicals

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Major Point of TOC:

Chapter One: Niacin (Vitamin B3) Market Overview

Chapter Two: Global Niacin (Vitamin B3) Market Competition by Manufacturers

Chapter Three: Global Niacin (Vitamin B3) Production Market Share by Regions

Chapter Four: Global Niacin (Vitamin B3) Consumption by Regions

Chapter Five: Global Niacin (Vitamin B3) Production, Revenue, Price Trend by Type

Chapter Six: Global Niacin (Vitamin B3) Market Analysis by Applications

Chapter Seven: Company Profiles and Key Figures in Niacin (Vitamin B3) Business

Chapter Eight: Niacin (Vitamin B3) Manufacturing Cost Analysis

Chapter Nine: Marketing Channel, Distributors and Customers

Chapter Ten: Market Dynamics

Chapter Eleven: Global Niacin (Vitamin B3) Market Forecast

Chapter Twelve: Research Findings and Conclusion

Chapter Thirteen: Methodology and Data Source

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