Global Vitamin B3 Market 2022-2026

PUBLISHED: May 23, 2022

PAGES: 120 Pages

DELIVERY TIME: 1-2 business days

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Technavio has been monitoring the vitamin B3 market and it is poised to grow by $ 104.26 million during 2022-2026, accelerating at a CAGR of 5.44% during the forecast period. Our report on the vitamin B3 market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing prevalence of vitamin B3 deficiency, increasing marketing initiatives and strategies, and rising demand for functional and nutritionally enriched processed food products.

The vitamin B3 market analysis includes the type segment and geographic landscape.

Technavio's vitamin B3 market is segmented as below:

By Type

Food grade
Pharmaceutical grade

By Geographical Landscape

North America
Europe
Asia
Rest of World (ROW)

This study identifies the increasing consumer spending on nutrient supplements as one of the prime reasons driving the vitamin B3 market growth during the next few years. Also, packaging innovations of vitamin B3 supplements and increasing demand for supplements for skin and hair will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on vitamin B3 market covers the following areas:

Vitamin B3 market sizing
Vitamin B3 market forecast
Vitamin B3 market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vitamin B3 market vendors that include Agro Cool India Ltd., Brother Enterprises Holding Co. Ltd., Foodchem International Corp., Glanbia plc, Ishita Drugs and Industries Ltd., Jubilant Pharmova Ltd., Koninklijke DSM NV, Lasons India Pvt. Ltd., Lonza Group Ltd., Merck KGaA, Shandong Hongda Biotechnology Co. Ltd., Spectrum Laboratory Products Inc., TER HELL and Co. GmbH, The Chemical Co., Twinlab Consolidated Holdings Inc., Vanetta Ltd., Veer Chemie and Aromatics Pvt. Ltd., Vertellus Holdings LLC, Western Drugs Ltd., and Yuki Gosei Kogyo Co. Ltd. Also, the vitamin B3 market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR73495

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Incremental Growth
Exhibit 07: Executive Summary - Data Table on Incremental Growth
Exhibit 08: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants - Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes - Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry - Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

5.1 Market segments
Exhibit 24: Chart on Type - Market share 2021-2026 (%)
Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
5.2 Comparison by Type
Exhibit 26: Chart on Comparison by Type
Exhibit 27: Data Table on Comparison by Type
5.3 Food grade - Market size and forecast 2021-2026
Exhibit 28: Chart on Food grade - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Food grade - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Food grade - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Food grade - Year-over-year growth 2021-2026 (%)
5.4 Pharmaceutical grade - Market size and forecast 2021-2026
Exhibit 32: Chart on Pharmaceutical grade - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Pharmaceutical grade - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Pharmaceutical grade - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Pharmaceutical grade - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Type
Exhibit 36: Market opportunity by Type ($ million)

6 Customer Landscape

6.1 Customer landscape overview
Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation
Exhibit 38: Chart on Market share By Geographical Landscape 2021-2026 (%)
Exhibit 39: Data Table on Market share By Geographical Landscape 2021-2026 (%)
7.2 Geographic comparison
Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison
7.3 North America - Market size and forecast 2021-2026
Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
7.4 Europe - Market size and forecast 2021-2026
Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
7.5 Asia - Market size and forecast 2021-2026
Exhibit 50: Chart on Asia - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on Asia - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on Asia - Year-over-year growth 2021-2026 (%)
7.6 Rest of World (ROW) - Market size and forecast 2021-2026
Exhibit 54: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
7.7 US - Market size and forecast 2021-2026
Exhibit 58: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on US - Year-over-year growth 2021-2026 (%)
7.8 Denmark - Market size and forecast 2021-2026
Exhibit 62: Chart on Denmark - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on Denmark - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on Denmark - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on Denmark - Year-over-year growth 2021-2026 (%)
7.9 China - Market size and forecast 2021-2026
Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
7.10 Canada - Market size and forecast 2021-2026
Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)
7.11 India - Market size and forecast 2021-2026
Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)
7.12 Market opportunity By Geographical Landscape
Exhibit 78: Market opportunity By Geographical Landscape ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 79: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends

9 Vendor Landscape

9.1 Overview
9.2 Vendor landscape
Exhibit 80: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 81: Overview on factors of disruption
9.4 Industry risks
Exhibit 82: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered
Exhibit 83: Vendors covered
10.2 Market positioning of vendors
Exhibit 84: Matrix on vendor position and classification
10.3 Brother Enterprises Holding Co. Ltd.
Exhibit 85: Brother Enterprises Holding Co. Ltd. - Overview
Exhibit 86: Brother Enterprises Holding Co. Ltd. - Product / Service
Exhibit 87: Brother Enterprises Holding Co. Ltd. - Key offerings
10.4 Foodchem International Corp.
Exhibit 88: Foodchem International Corp. - Overview
Exhibit 89: Foodchem International Corp. - Product / Service
Exhibit 90: Foodchem International Corp. - Key offerings
10.5 Jubilant Pharmova Ltd.
Exhibit 91: Jubilant Pharmova Ltd. - Overview
Exhibit 92: Jubilant Pharmova Ltd. - Business segments
Exhibit 93: Jubilant Pharmova Ltd. - Key news
Exhibit 94: Jubilant Pharmova Ltd. - Key offerings
Exhibit 95: Jubilant Pharmova Ltd. - Segment focus
10.6 Koninklijke DSM NV
Exhibit 96: Koninklijke DSM NV - Overview
Exhibit 97: Koninklijke DSM NV - Business segments
Exhibit 98: Koninklijke DSM NV - Key news
Exhibit 99: Koninklijke DSM NV - Key offerings
Exhibit 100: Koninklijke DSM NV - Segment focus
10.7 Lasons India Pvt. Ltd.
Exhibit 101: Lasons India Pvt. Ltd. - Overview
Exhibit 102: Lasons India Pvt. Ltd. - Product / Service
Exhibit 103: Lasons India Pvt. Ltd. - Key offerings
10.8 Lonza Group Ltd.
Exhibit 104: Lonza Group Ltd. - Overview
Exhibit 105: Lonza Group Ltd. - Product / Service
Exhibit 106: Lonza Group Ltd. - Key news
Exhibit 107: Lonza Group Ltd. - Key offerings
10.9 Shandong Hongda Biotechnology Co. Ltd.
Exhibit 108: Shandong Hongda Biotechnology Co. Ltd. - Overview
Exhibit 109: Shandong Hongda Biotechnology Co. Ltd. - Product / Service
Exhibit 110: Shandong Hongda Biotechnology Co. Ltd. - Key offerings
10.10 Twinlab Consolidated Holdings Inc.
Exhibit 111: Twinlab Consolidated Holdings Inc. - Overview
Exhibit 112: Twinlab Consolidated Holdings Inc. - Product / Service
Exhibit 113: Twinlab Consolidated Holdings Inc. - Key offerings
10.11 Vanetta Ltd.
Exhibit 114: Vanetta Ltd. - Overview
Exhibit 115: Vanetta Ltd. - Product / Service
Exhibit 116: Vanetta Ltd. - Key offerings
10.12 Vertellus Holdings LLC
Exhibit 117: Vertellus Holdings LLC - Overview
Exhibit 118: Vertellus Holdings LLC - Product / Service
Exhibit 119: Vertellus Holdings LLC - Key offerings

11 Appendix

11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 120: Inclusions checklist
Exhibit 121: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 122: Currency conversion rates for US$
11.4 Research methodology
Exhibit 123: Research methodology
Exhibit 124: Validation techniques employed for market sizing
Exhibit 125: Information sources
11.5 List of abbreviations
Exhibit 126: List of abbreviations

Product Code: IRTNTR73495

Exhibits:

Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Type
Exhibits6: Executive Summary - Chart on Incremental Growth
Exhibits7: Executive Summary - Data Table on Incremental Growth
Exhibits8: Executive Summary - Chart on Vendor Market Positioning
Exhibits9: Parent market
Exhibits10: Market Characteristics
Exhibits11: Offerings of vendors included in the market definition
Exhibits12: Market segments
Exhibits13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibits14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibits15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibits16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
Exhibits17: Five forces analysis - Comparison between 2021 and 2026
Exhibits18: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
Exhibits19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
Exhibits20: Threat of new entrants - Impact of key factors in 2021 and 2026
Exhibits21: Threat of substitutes - Impact of key factors in 2021 and 2026
Exhibits22: Threat of rivalry - Impact of key factors in 2021 and 2026
Exhibits23: Chart on Market condition - Five forces 2021 and 2026
Exhibits24: Chart on Type - Market share 2021-2026 (%)
Exhibits25: Data Table on Type - Market share 2021-2026 (%)
Exhibits26: Chart on Comparison by Type
Exhibits27: Data Table on Comparison by Type
Exhibits28: Chart on Food grade - Market size and forecast 2021-2026 ($ million)
Exhibits29: Data Table on Food grade - Market size and forecast 2021-2026 ($ million)
Exhibits30: Chart on Food grade - Year-over-year growth 2021-2026 (%)
Exhibits31: Data Table on Food grade - Year-over-year growth 2021-2026 (%)
Exhibits32: Chart on Pharmaceutical grade - Market size and forecast 2021-2026 ($ million)
Exhibits33: Data Table on Pharmaceutical grade - Market size and forecast 2021-2026 ($ million)
Exhibits34: Chart on Pharmaceutical grade - Year-over-year growth 2021-2026 (%)
Exhibits35: Data Table on Pharmaceutical grade - Year-over-year growth 2021-2026 (%)
Exhibits36: Market opportunity by Type ($ million)
Exhibits37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits38: Chart on Market share By Geographical Landscape 2021-2026 (%)
Exhibits39: Data Table on Market share By Geographical Landscape 2021-2026 (%)
Exhibits40: Chart on Geographic comparison
Exhibits41: Data Table on Geographic comparison
Exhibits42: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibits43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibits44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibits45: Data Table on North America - Year-over-year growth 2021-2026 (%)
Exhibits46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibits47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibits48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibits49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
Exhibits50: Chart on Asia - Market size and forecast 2021-2026 ($ million)
Exhibits51: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
Exhibits52: Chart on Asia - Year-over-year growth 2021-2026 (%)
Exhibits53: Data Table on Asia - Year-over-year growth 2021-2026 (%)
Exhibits54: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
Exhibits55: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
Exhibits56: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
Exhibits57: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
Exhibits58: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibits59: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibits60: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibits61: Data Table on US - Year-over-year growth 2021-2026 (%)
Exhibits62: Chart on Denmark - Market size and forecast 2021-2026 ($ million)
Exhibits63: Data Table on Denmark - Market size and forecast 2021-2026 ($ million)
Exhibits64: Chart on Denmark - Year-over-year growth 2021-2026 (%)
Exhibits65: Data Table on Denmark - Year-over-year growth 2021-2026 (%)
Exhibits66: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibits67: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibits68: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibits69: Data Table on China - Year-over-year growth 2021-2026 (%)
Exhibits70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
Exhibits71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
Exhibits72: Chart on Canada - Year-over-year growth 2021-2026 (%)
Exhibits73: Data Table on Canada - Year-over-year growth 2021-2026 (%)
Exhibits74: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibits75: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibits76: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibits77: Data Table on India - Year-over-year growth 2021-2026 (%)
Exhibits78: Market opportunity By Geographical Landscape ($ million)
Exhibits79: Impact of drivers and challenges in 2021 and 2026
Exhibits80: Overview on Criticality of inputs and Factors of differentiation
Exhibits81: Overview on factors of disruption
Exhibits82: Impact of key risks on business
Exhibits83: Vendors covered
Exhibits84: Matrix on vendor position and classification
Exhibits85: Brother Enterprises Holding Co. Ltd. - Overview
Exhibits86: Brother Enterprises Holding Co. Ltd. - Product / Service
Exhibits87: Brother Enterprises Holding Co. Ltd. - Key offerings
Exhibits88: Foodchem International Corp. - Overview
Exhibits89: Foodchem International Corp. - Product / Service
Exhibits90: Foodchem International Corp. - Key offerings
Exhibits91: Jubilant Pharmova Ltd. - Overview
Exhibits92: Jubilant Pharmova Ltd. - Business segments
Exhibits93: Jubilant Pharmova Ltd. - Key news
Exhibits94: Jubilant Pharmova Ltd. - Key offerings
Exhibits95: Jubilant Pharmova Ltd. - Segment focus
Exhibits96: Koninklijke DSM NV - Overview
Exhibits97: Koninklijke DSM NV - Business segments
Exhibits98: Koninklijke DSM NV - Key news
Exhibits99: Koninklijke DSM NV - Key offerings
Exhibits100: Koninklijke DSM NV - Segment focus
Exhibits101: Lasons India Pvt. Ltd. - Overview
Exhibits102: Lasons India Pvt. Ltd. - Product / Service
Exhibits103: Lasons India Pvt. Ltd. - Key offerings
Exhibits104: Lonza Group Ltd. - Overview
Exhibits105: Lonza Group Ltd. - Product / Service
Exhibits106: Lonza Group Ltd. - Key news
Exhibits107: Lonza Group Ltd. - Key offerings
Exhibits108: Shandong Hongda Biotechnology Co. Ltd. - Overview
Exhibits109: Shandong Hongda Biotechnology Co. Ltd. - Product / Service
Exhibits110: Shandong Hongda Biotechnology Co. Ltd. - Key offerings
Exhibits111: Twinlab Consolidated Holdings Inc. - Overview
Exhibits112: Twinlab Consolidated Holdings Inc. - Product / Service
Exhibits113: Twinlab Consolidated Holdings Inc. - Key offerings
Exhibits114: Vanetta Ltd. - Overview
Exhibits115: Vanetta Ltd. - Product / Service
Exhibits116: Vanetta Ltd. - Key offerings
Exhibits117: Vertellus Holdings LLC - Overview
Exhibits118: Vertellus Holdings LLC - Product / Service
Exhibits119: Vertellus Holdings LLC - Key offerings
Exhibits120: Inclusions checklist
Exhibits121: Exclusions checklist
Exhibits122: Currency conversion rates for US$
Exhibits123: Research methodology
Exhibits124: Validation techniques employed for market sizing
Exhibits125: Information sources
Exhibits126: List of abbreviations