Middle East & Africa Vitamin B3 Market Size & Outlook
The vitamin b3 market in Middle East & Africa is expected to reach a projected revenue of US$ 11.2 million by 2030. A compound annual growth rate of 1.1% is expected of Middle East & Africa vitamin b3 market from 2024 to 2030.
Revenue, 2023 (US$M)
$10.4
Forecast, 2030 (US$M)
$11.2
CAGR, 2024 - 2030
1.1%
Report Coverage
Middle East & Africa
Middle East & Africa vitamin b3 market, 2018-2030 (US$M)
MEA vitamin b3 market highlights
- The MEA vitamin b3 market generated a revenue of USD 10.4 million in 2023.
- The market is expected to grow at a CAGR of 1.1% from 2024 to 2030.
- In terms of segment, natural was the largest revenue generating source in 2023.
- Natural is the most lucrative source segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 10.4 million |
| Market revenue in 2030 | USD 11.2 million |
| Growth rate | 1.1% (CAGR from 2023 to 2030) |
| Largest segment | Natural |
| Fastest growing segment | Natural |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.8% of the global vitamin b3 market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 169.6 million by 2030.
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Vitamin B3 Market Scope
Vitamin b3 market segmentation & scope
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 |
|---|
Middle East & Africa vitamin b3 market
Related regional statistics
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