Global Vitamin B3 Market Size & Outlook, 2023-2030

The vitamin b3 industry worldwide is expected to reach a projected revenue of US$ 434.3 million by 2030. A compound annual growth rate of 2.2% is expected of the worldwide vitamin b3 industry from 2024 to 2030.
Revenue, 2023 (US$M)
$372.0
Forecast, 2030 (US$M)
$434.3
CAGR, 2024 - 2030
2.2%
Report Coverage
Worldwide

Global vitamin b3 market, 2018-2030 (US$M)

Global vitamin b3 market highlights

  • The global vitamin b3 market generated a revenue of USD 372.0 million in 2023 and is expected to reach USD 434.3 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 2.2% by 2030.
  • In terms of segment, natural accounted for a revenue of USD 372.0 million in 2023.
  • Natural is the most lucrative source segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.


Global data book summary

Market revenue in 2023USD 372.0 million
Market revenue in 2030USD 434.3 million
Growth rate2.2% (CAGR from 2023 to 2030)
Largest segmentNatural
Fastest growing segmentNatural
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNatural


Other key industry trends

  • In terms of revenue, the North America accounted for 29.1% of the global vitamin b3 market in 2023.

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Vitamin B3 Market Scope

Vitamin b3 market segmentation & scope
Natural
Synthetic
Form
Dry
Liquid
Application
Animal Feed
Food and Beverage
Pharmaceutical
Cosmetics
Others
Countries
U.S.
Canada
Mexico
France
Germany
Denmark
Italy
Norway
UK
Spain
Sweden
Brazil
Argentina
Australia
China
India
Japan
South Korea
Thailand
UAE
South Africa
Saudi Arabia
Kuwait

Vitamin B3 Market Companies

Name Profile # Employees HQ Website

Global vitamin b3 market size, by regions, 2018-2030 (US$M)

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