黑料不打烊

Vitamin B3 Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2031)

The Vitamin B3 Market Report is Segmented by Grade (Feed Grade, Food Grade, Cosmetics Grade, and Others), Form (Dry and Wet), Application (Food and Beverages, Dietary Supplements and Sports Nutrition, Animal Feed, and More), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Tons).

Vitamin B3 Market Size and Share

Vitamin B3 Market Size
Image ? 黑料不打烊. Reuse requires attribution under CC BY 4.0.

Vitamin B3 Market Analysis by 黑料不打烊

The Vitamin B3 market size is valued at USD 404.92 million in 2026, up from USD 386.37 million in 2025, and is projected to reach USD 512.86 million by 2031, growing at a CAGR of 4.84% during 2026-2031. Food fortification requirements, animal nutrition demand, and personal care applications support demand across several end uses. Producers are shifting capacity toward food-grade and cosmetics-grade material because these applications require tighter quality controls and can support stronger pricing. Supply remains concentrated in Asia-Pacific, which increases the importance of qualified alternative sources for buyers in North America and Europe. Environmental controls for chemical production and volatile pyridine costs create operating pressure, particularly for producers without integrated raw-material supply. The Vitamin B3 market also depends on regulatory compliance because food, supplement, cosmetic, and pharmaceutical customers require grade-specific documentation and production controls.

Key Report Takeaways

  • By grade, food grade held 47.93% of the Vitamin B3 market share in 2025, while cosmetics grade is forecast to grow at a 6.58% CAGR through 2031.
  • By form, dry form held 75.68% of the Vitamin B3 market share in 2025, while wet form is forecast to grow at a 7.11% CAGR through 2031.
  • By application, dietary supplements and sports nutrition held 45.67% of the Vitamin B3 market share in 2025, while cosmetics and personal care are forecast to grow at a 6.42% CAGR through 2031.
  • By geography, Asia-Pacific held 41.27% of the Vitamin B3 market share in 2025 and is forecast to grow at a 5.67% CAGR through 2031.

Note: Market size and forecast figures in this report are generated using 黑料不打烊’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Vitamin B3 Market Segment Analysis

By Grade:

Food Grade Supports Volume and Cosmetics Grade Supports Growth

Food grade held 47.93% of the Vitamin B3 market share in 2025, making it the largest grade segment. Mandatory fortification programs support its use in staple foods, enriched grain products, and selected beverages. This demand is supported by regulatory requirements and is less dependent on consumer sentiment than discretionary supplement purchases. Food-grade producers must maintain the documentation and quality systems required by food manufacturers. The segment’s broad volume base helps stabilize demand across the Vitamin B3 industry.

Cosmetics grade is forecast to grow at a 6.58% CAGR through 2031, the highest rate among grade segments. Premium skincare applications require high-purity niacinamide with tightly controlled residual nicotinic acid. DSM-Firmenich’s product specification illustrates the importance of purity and low carbon intensity in this segment. Feed grade remains important for animal nutrition, although its pricing can be more exposed to capacity conditions. Pharmaceutical applications within other grades remain smaller but require stringent quality and regulatory controls. Producers that hold food and cosmetics certifications can serve higher-value applications while retaining access to volume-oriented channels.

Vitamin B3 Market Share by Grade, 2025
Image ? 黑料不打烊. Reuse requires attribution under CC BY 4.0.
Vitamin B3 Market Share by Grade, 2025

By Form:

Dry Form Retains Scale While Wet Form Gains Use Cases

Dry form accounted for 75.68% of the Vitamin B3 market share in 2025. It is widely used in premixes, flour enrichment, and dietary supplement production because it supports storage stability and continuous blending. Powder material is familiar to industrial buyers and fits existing manufacturing infrastructure. Its shelf life and handling characteristics support large-volume procurement. These factors maintain dry form as the core physical format in the Vitamin B3 market.

Wet form is forecast to expand at a 7.11% CAGR through 2031, the fastest rate among forms. Functional beverage producers need soluble active ingredients for ready-to-drink products. Cosmetic manufacturers also use liquid niacinamide in serums and emulsion systems. Microbial control and stability requirements can make liquid formulations more demanding to produce than dry material. Those requirements can favor established suppliers with relevant processing and documentation capabilities. The growth of wet form expands the range of formulation opportunities without displacing dry material from its major industrial uses.

By Application:

Supplements Lead While Personal Care Grows Fastest

Dietary supplements and sports nutrition held 45.67% of the Vitamin B3 market share in 2025. This application draws on niacin’s recognized role in energy metabolism and its use in consumer nutrition products. Branded extended-release formulations can move purchasing toward differentiated products rather than undifferentiated commodity supply. The segment remains exposed to consumer preferences and supplement quality requirements. Its scale gives the Vitamin B3 market a large direct-to-consumer demand base.

Cosmetics and personal care is forecast to grow at a 6.42% CAGR through 2031. Niacinamide is used in skincare formulas where product developers prioritize purity, solubility, and consistent documentation. Food and beverages offer a separate source of demand through fortification requirements. Animal feed also provides volume support through intensive livestock production and premix use. Pharmaceutical and agrichemical applications provide additional demand channels with different buying cycles. This mix reduces dependence on a single end-use sector and gives suppliers several routes to market.

Vitamin B3 Market Share by Application, 2025
Image ? 黑料不打烊. Reuse requires attribution under CC BY 4.0.
Vitamin B3 Market Share by Application, 2025

Geography Analysis

Asia-Pacific held 41.27% of the Vitamin B3 market share in 2025 and is forecast to grow at a 5.67% CAGR through 2031. China remains an important production base for niacin and niacinamide, especially for feed-grade and food-grade supply. Environmental rules and wastewater requirements can influence the availability of Chinese chemical production. India is becoming a more significant alternative source for regulated applications. Jubilant Ingrevia commissioned a 5,000.00 MT/year cGMP-compliant niacinamide facility at Bharuch in January 2025.

Japan and South Korea add demand for high-purity material used in personal care and cosmeceutical products. These applications support specialty-grade supply that can achieve stronger pricing than commodity channels. The region therefore combines production scale with premium demand. Asia-Pacific’s role makes it central to both supply availability and future product development. Buyers outside the region continue to monitor capacity, environmental rules, and quality qualification among Asian suppliers.

North America is supported by dietary supplements, grain fortification, functional foods, and beverage applications. The 2025 IFEEDER assessment reported that the United States depended on China for 78.00% of total vitamin imports. Europe is also supply dependent, with FEFAC reporting EU external dependence above 75.00% for vitamin B3 and 60.00%-70.00% of feed-use imports coming from China. South America benefits from food fortification and livestock production, while Middle East and Africa offers longer-term potential through processed-food consumption and micronutrient programs.

Vitamin B3 Market Growth Rate by Region
Image ? 黑料不打烊. Reuse requires attribution under CC BY 4.0.

Competitive Landscape

The Vitamin B3 market is led by a limited group of integrated producers with positions in raw materials, chemical processing, quality control, and global distribution. Chinese suppliers such as Zhejiang NHU, Brother Enterprises, and Zhejiang Medicine remain important in feed-grade and food-grade supply. Indian producer Jubilant Ingrevia has strengthened its position in specialty niacinamide and regulated applications. High entry requirements in production technology, environmental compliance, and customer qualification support established suppliers. Competition is increasingly based on grade capability, traceability, supply reliability, and environmental performance.

Jubilant Ingrevia commissioned its 5,000.00 MT/year cGMP-compliant Bharuch facility in January 2025, adding capacity for food-grade and cosmetics-grade niacinamide. In July 2026, the company announced plans for INR 500.00-600.00 crore in annual capital expenditure, including Bharuch nutrition expansion, a Gajraula multipurpose plant, and cleanroom development. BASF and Louis Dreyfus Company completed the sale of BASF’s Food and Health Performance Ingredients business in September 2025. This transaction reflects portfolio decisions that can change the competitive position of major ingredient suppliers. It also creates room for producers focused on nutrition-grade vitamin ingredients.

Lonza agreed in March 2026 to sell its Capsules & Health Ingredients business to Lone Star Funds for CHF 2.30 billion, with Lonza retaining a 40.00% stake pending its full exit. DSM-Firmenich uses product quality and lower-carbon manufacturing claims to position Niacinamide PC for premium personal care applications. Advances in enzymatic production could become a further source of competitive differentiation if they reach commercial scale. Companies with integrated supply, qualified production, and specialty-grade capabilities are better placed to manage the market’s current risks. Smaller suppliers remain more exposed to raw-material fluctuations, environmental upgrades, and customer qualification requirements.

Vitamin B3 Industry Leaders

  1. DSM-Firmenich

  2. Lonza Group AG

  3. Jubilant Ingrevia Ltd.

  4. Brother Enterprises Holding

  5. Lasons India Pvt Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Vitamin B3 Market Concentration
Image ? 黑料不打烊. Reuse requires attribution under CC BY 4.0.

Vitamin B3 Market Companies Covered in this Report

  • DSM-Firmenich
  • Lonza Group AG
  • Jubilant Ingrevia Ltd.
  • Brother Enterprises Holding
  • Lasons India Pvt Ltd.
  • Zhejiang NHU Co., Ltd.
  • Vertellus Holdings
  • Vanetta Ltd.
  • BASF SE
  • Evonik Industries AG
  • Glanbia Nutritionals
  • Foodchem International
  • Actylis
  • Sabinsa Corporation
  • AIE Pharmaceuticals
  • BulkSupplements.com
  • Spectrum Chemical
  • PCCA Inc.
  • V N Life Sciences
  • Zhejiang Medicine Co.

Recent Industry Developments in Vitamin B3 Market

  • July 2026: Viablife unveiled BioNia?, described as the world's first 100% bio-based niacinamide, at NYSCC Suppliers’ Day 2026. The ingredient is produced using biotechnology/synthetic biology rather than conventional petrochemical-based synthesis, positioning it as a lower-carbon alternative for cosmetic formulations.
  • January 2025: Jubilant Ingrevia has announced the commissioning of its new cGMP compliant facility at Bharuch, Gujarat. The new facility, which has a capacity of 5,000 metric tonnes, will manufacture nutraceuticals and dietary-active ingredients for human consumption.
  • October 2024: BASF declared Force Majeure for selected vitamin A, vitamin E, and carotenoid products following a fire at its Ludwigshafen plant, leading to supply disruptions that may affect the broader vitamin market dynamics.

Table of Contents for Vitamin B3 Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Surging demand for fortified food and beverages
    • 4.2.2 Rising adoption of vitamin B3 in animal feed and premix formulations
    • 4.2.3 Increasing use of niacinamide in skincare and personal care products
    • 4.2.4 Development of sustainable and lower-carbon vitamin B3 production processes
    • 4.2.5 Growing focus on companion-animal nutritional health
    • 4.2.6 Increasing efforts to diversify and localize vitamin B3 supply chains
  • 4.3 Market Restraints
    • 4.3.1 Volatility in raw material costs and vitamin B3 prices
    • 4.3.2 Environmental regulations affecting pyridine-based vitamin B3 production
    • 4.3.3 Consumer preference for whole-food sources of vitamin B3
    • 4.3.4 Regulatory scrutiny and compliance costs associated with vitamin production
  • 4.4 Supply Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers/Consumers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitute Products
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Grade
    • 5.1.1 Feed Grade
    • 5.1.2 Food Grade
    • 5.1.3 Cosmetics Grade
    • 5.1.4 Others (Pharmaceutical Grade)
  • 5.2 Form
    • 5.2.1 Dry
    • 5.2.2 Wet
  • 5.3 Application
    • 5.3.1 Food and Beverages
    • 5.3.2 Dietary Supplements and Sports Nutrition
    • 5.3.3 Cosmetics and Personal Care
    • 5.3.4 Animal Feed
    • 5.3.5 Others (Pharmaceutical Industry, AgroChemicals)
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.1.4 Rest of North America
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Netherlands
    • 5.4.2.7 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 India
    • 5.4.3.3 Japan
    • 5.4.3.4 Australia
    • 5.4.3.5 Rest of Asia-Pacific
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 United Arab Emirates
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.4.1 DSM-Firmenich
    • 6.4.2 Lonza Group AG
    • 6.4.3 Jubilant Ingrevia Ltd.
    • 6.4.4 Brother Enterprises Holding
    • 6.4.5 Lasons India Pvt Ltd.
    • 6.4.6 Zhejiang NHU Co., Ltd.
    • 6.4.7 Vertellus Holdings
    • 6.4.8 Vanetta Ltd.
    • 6.4.9 BASF SE
    • 6.4.10 Evonik Industries AG
    • 6.4.11 Glanbia Nutritionals
    • 6.4.12 Foodchem International
    • 6.4.13 Actylis
    • 6.4.14 Sabinsa Corporation
    • 6.4.15 AIE Pharmaceuticals
    • 6.4.16 BulkSupplements.com
    • 6.4.17 Spectrum Chemical
    • 6.4.18 PCCA Inc.
    • 6.4.19 V N Life Sciences
    • 6.4.20 Zhejiang Medicine Co.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

Global Vitamin B3 Market Report Scope

Segmentation Overview

By Grade
Vitamin B3 Market segmentation breakdown
Feed Grade
Food Grade
Cosmetics Grade
Others (Pharmaceutical Grade)
Form
Vitamin B3 Market segmentation breakdown
Dry
Wet
Application
Vitamin B3 Market segmentation breakdown
Food and Beverages
Dietary Supplements and Sports Nutrition
Cosmetics and Personal Care
Animal Feed
Others (Pharmaceutical Industry, AgroChemicals)
By Geography
Vitamin B3 Market segmentation breakdown
North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
France
Italy
Spain
Netherlands
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa United Arab Emirates
South Africa
Rest of Middle East and Africa
Vitamin B3 Market segmentation breakdown
By Grade Feed Grade
Food Grade
Cosmetics Grade
Others (Pharmaceutical Grade)
Form Dry
Wet
Application Food and Beverages
Dietary Supplements and Sports Nutrition
Cosmetics and Personal Care
Animal Feed
Others (Pharmaceutical Industry, AgroChemicals)
By Geography North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
France
Italy
Spain
Netherlands
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa United Arab Emirates
South Africa
Rest of Middle East and Africa

Key Questions Answered in the Report

What is the 2026 size of the Vitamin B3 market?

The Vitamin B3 market is valued at USD 404.92 million in 2026 and is projected to reach USD 512.86 million by 2031 at a 4.84% CAGR.

Which Vitamin B3 grade has the largest share?

Food grade leads with 47.93% share in 2025, supported by fortification requirements and food manufacturing demand.

Which Vitamin B3 form is growing fastest?

Wet form is forecast to grow at a 7.11% CAGR through 2031, supported by functional beverages and personal care formulations.

Which application is growing fastest for vitamin B3?

Cosmetics and personal care is forecast to grow at a 6.42% CAGR through 2031 as demand for niacinamide rises in skincare.

Page last updated on: