Vitamin B3 Market

Market Size and Growth:

The Vitamin B3 Market size reached US$ 382.86 million in 2024 and is expected to reach US$ 471.97 million by 2032, growing with a CAGR of 2.65% during the forecast period 2025-2032.

The Vitamin B3 Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Vitamin B3 Market refers to the global industry focused on the production, distribution, and application of niacin and niacinamide, essential nutrients for metabolism, skin health, and nervous system function. It includes dietary supplements, pharmaceuticals, food fortification, and animal feed sectors. Growing health awareness, nutritional demand, and expanding pharmaceutical applications are driving market growth worldwide.

Recent Key Developments of United States (U.S):

Tariff-driven price increases: The U.S. has implemented new tariffs on Vitamin B3 imports, leading to higher input costs for manufacturers. This has caused prices to rebound sharply after a period of volatility and is expected to put continued upward pressure on the market. (As of September 2025).

Shift towards domestic production: In response to the new tariffs and to mitigate supply chain volatility, some companies are accelerating investments in domestic production facilities for Vitamin B3. This move aims to secure a more consistent and affordable supply. (As of September 2025).

Increased focus on cosmetics-grade Niacinamide: The demand for high-quality, cosmetics-grade niacinamide continues to grow in the U.S. due to its use in anti-aging and skin-brightening products. This trend is driving innovation and commanding a premium price for this specific form of Vitamin B3. (As of September 2025).

Growing adoption of bio-based synthesis: There is a notable trend towards adopting more sustainable and eco-friendly bio-based production methods for Vitamin B3. This is driven by environmental concerns and a consumer preference for clean-label, plant-based ingredients. (As of July-September 2025).

Rise in fortified foods and beverages: Demand for Vitamin B3 is surging in the fortified food and beverage sector in the U.S. as consumers become more health-conscious. Manufacturers are leveraging this trend to create new products that offer convenient and nutritionally enriched health solutions. (As of July-September 2025).

List of the Key Players in the Vitamin B3 Market:

Jubilant Life Sciences Ltd.

DSM

Glanbia plc

NutraScience Labs

BASF SE

Graham Chemical

Western Drugs Ltd.

Fengchen Group Co.,Ltd

Spectrum Chemical Mfg. Corp

Vertellus Specialties, Inc.

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

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Segments Covered in the Vitamin B3 Market:

By Type: Feed grade, Nutrition grade.

By Source: Natural, Synthetic.

By Form: Dry, Liquid.

By Application: Animal Feed, Food and Beverage, Pharmaceutical, Cosmetics, Others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Vitamin B3 market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Vitamin B3 Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Vitamin B3 market’s leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Vitamin B3 Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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◆ Which region is expected to dominate the industry during the forecast period?

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