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Global Vitamin B3-B4 Market (2023 Edition): Analysis By Vitamin Type (Vitamin B3, Vitamin B4), Formulation (Dry, Liquid), By Application, By Region, By Country: Market Insights and Forecast (2018-2028)

Executive Summary

Azoth Analytics has released a research report titled "Vitamin B3-B4 Market (2023 Edition)" which provides a complete analysis of the global Vitamin B3-B4 industry in terms of market segmentation Vitamin Type (Vitamin B3, Vitamin B4), By Formulation (Dry, Liquid), By Application (Animal Feed, Human Food, Cosmetic & Pharmaceuticals), By Region and By Country for the historical period of 2018-2022, the estimates of 2023 and the forecast period of 2024-2028.

The research report covers a detailed analysis of the regions (Americas, Europe, APAC, Middle East Africa) and 10 countries (United States, Canada, Germany, United Kingdom, France, Italy, Spain, China, Japan, India). Additionally, the research report presents data including market size, yearly growth & potential analysis, the competitive study of market players, investment opportunities and demand forecast.

The research study also assesses market growth indicators, restraints, supply and demand risk, and other important statistics, as well as a full assessment of current and future market trends that are relevant to the market's evolution. During the forecast period, 2024-2029, the Global Vitamin B3-B4 market is expected to grow at a CAGR of 5.52%. The Global Vitamin B3-B4 Market is expected to generate USD 785.8 Million by the end of 2029, up from USD 564.55 Million in 2022.

The current global demographic landscape is undergoing a significant transformation, characterized by a growing percentage of elderly individuals within the population. As the ageing trend continues, there is a heightened focus on maintaining health and vitality throughout the ageing process, emerging as a substantial priority. Nutrition plays a pivotal role in achieving these objectives, as dietary habits directly impact the overall well-being and quality of life among the elderly. This has led to an increased demand for vitamins B3 and B4.

Poverty frequently results in restricted availability of a wide variety of dietary options. Populations that depend on staple foods such as maize, which may be deficient in niacin and tryptophan, face a higher susceptibility to pellagra. This may increase demand for vitamin B3 supplements or fortified meals to fill nutritional shortages. Moreover, Vitamin B complex is frequently recommended to enhance energy levels, alleviate stress, elevate mood, and alleviate symptoms of anxiety or depression, which contributes to market growth.



Scope of the Report

• The report analyses the Vitamin B3-B4 Market by Value (USD Million).

• The report presents the analysis of the Vitamin B3-B4 Market for the historical period of 2018-2022, the estimated year 2023 and the forecast period of 2024-2029.

• The report analyses the Vitamin B3-B4 Market by Application (Animal Feed, Human Food, Cosmetics & Pharmaceuticals).

• The report analyses the Vitamin B3-B4 Market by Vitamin Type (Vitamin B3, Vitamin B4)

• The report analyses the Vitamin B3-B4 Market by Formulation (Dry, Liquid).

• The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, By Application, By Vitamin Type and by Formulations.

• Also, the major opportunities, trends, drivers, and challenges of the industry have been analyzed in the report.

• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Lonza, Aurorium, Brother Enterprises Holding Co., Ltd., Shandong Hongda Biotechnology Co., Ltd., Mianyang Vanetta Chemical Industrial Co., Ltd., Jubilant Ingrevia Ltd., Eastman Chemical Company, Lasons India Pvt. Ltd, Glanbia plc, and Merck.

1. Market Background

1.1 Scope and Product Outlook

1.2 Executive Summary

1.3 Research Methodology

2. Strategic Recommendations

2.1 Biosimilars and Generics

2.2 Personalized Treatment

3. Global Vitamin B3-B4 Market: Historic and Forecast (2018-2028)

3.1 Global Prevalence of Nutritional Deficiencies

3.2 Global Cattle population from 2019 to 2023

3.3 Global Production of Meat, 2019-2023

3.4 Global Vitamin B3-B4 Market: Dashboard

3.5 Global Vitamin B3-B4 Market: Market Value Assessment, 2018-2028 (USD Million)

3.6 Impact of COVID-19 on Global Vitamin B3-B4 Market

3.7 Global Vitamin B3-B4 Market Segmentation: By Application

3.7.1 Global Vitamin B3-B4 Market, By Application Type Overview

3.7.2 Global Vitamin B3-B4 Market Size, By Animal Feed, By Value, 2018H-2028F (USD Million & CAGR)

3.7.3 Global Vitamin B3-B4 Market Size, By Human Food, By Value, 2018H-2028F (USD Million & CAGR)

3.7.4 Global Vitamin B3-B4 Market Size, By Cosmetic & Pharmaceuticals, By Value, 2018H-2028F (USD Million & CAGR)

3.8 Global Vitamin B3-B4 Market Segmentation: By Vitamin Type

3.8.1 Global Vitamin B3-B4 Market, By Vitamin Type Overview

3.8.2 Global Vitamin B3-B4 Market Size, By Vitamin B3, By Value, 2018H-2028F (USD Million & CAGR)

3.8.3 Global Vitamin B3-B4 Market Size, By Vitamin B4, By Value, 2018H-2028F (USD Million & CAGR)

3.9 Global Vitamin B3-B4 Market Segmentation: By Formulation

3.9.1 Global Vitamin B3-B4 Market, By Formulation Overview

3.9.2 Global Vitamin B3-B4 Market Size, By Dry By Value, 2018H-2028F (USD Million & CAGR)

3.9.3 Global Vitamin B3-B4 Market Size, By Liquid, By Value, 2018H-2028F (USD Million & CAGR)

4. Global Vitamin B3-B4 Market, Regional Analysis

4.1 Regional Coverage of the Study

4.2 Regional Snapshot

5. Americas Vitamin B3-B4 Market: Historic and Forecast (2018-2028)

5.1 Americas Vitamin B3-B4 Market: Snapshot

5.2 Americas Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

5.3 Americas Vitamin B3-B4 Market: Key Factors

5.4 Americas Vitamin B3-B4 Market: Segment Analysis

5.5 Americas Vitamin B3-B4 Market Segmentation: By Application

5.5.1 Americas Vitamin B3-B4 Market, By Application Overview

5.5.2 Americas Vitamin B3-B4 Market Size, By Animal Feed, By Value, 2018H-2028F (USD Million & CAGR)

5.5.3 Americas Vitamin B3-B4 Market Size, By Human Food, By Value, 2018H-2028F (USD Million & CAGR)

5.5.4 Americas Vitamin B3-B4 Market Size, By Cosmetic & Pharmaceuticals, By Value, 2018H-2028F (USD Million & CAGR)

5.6 Americas Vitamin B3-B4 Market Segmentation: By Vitamin Type

5.6.1 Americas Vitamin B3-B4 Market, By Vitamin Type Overview

5.6.2 Americas Vitamin B3-B4 Market Size, By Vitamin B3, By Value, 2018H-2028F (USD Million & CAGR)

5.6.3 Americas Vitamin B3-B4 Market Size, By Vitamin B4, By Value, 2018H-2028F (USD Million & CAGR)

5.7 Americas Vitamin B3-B4 Market Segmentation: By Formulation

5.7.1 Americas Vitamin B3-B4 Market, By Formulation Overview

5.7.2 Americas Vitamin B3-B4 Market Size, By Dry, By Value, 2018H-2028F (USD Million & CAGR)

5.7.3 Americas Vitamin B3-B4 Market Size, By Liquid, By Value, 2018H-2028F (USD Million & CAGR)

5.8 Americas Vitamin B3-B4 Market Segmentation: By Country

5.8.1 United States Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

5.8.1.1 United States Vitamin B3-B4 Market, By Application

5.8.1.2 United States Vitamin B3-B4 Market, By Vitamin Type

5.8.1.3 United States Vitamin B3-B4 Market, By Formulation

5.8.2 Canada Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

5.8.2.1 Canada Vitamin B3-B4 Market, By Application

5.8.2.2 Canada Vitamin B3-B4 Market, By Vitamin Type

5.8.2.3 Canada Vitamin B3-B4 Market, By Formulation

5.8.3 Rest of Americas Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

5.8.3.1 Rest of Americas Vitamin B3-B4 Market, By Application

5.8.3.2 Rest of Americas Vitamin B3-B4 Market, By Vitamin Type

5.8.3.3 Rest of Americas Vitamin B3-B4 Market, By Formulation

6. Europe Vitamin B3-B4 Market: Historic and Forecast (2018-2028)

6.1 Europe Vitamin B3-B4 Market: Snapshot

6.2 Europe Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

6.3 Europe Vitamin B3-B4 Market: Key Factors

6.4 Europe Vitamin B3-B4 Market: Segment Analysis

6.5 Europe Vitamin B3-B4 Market Segmentation: By Application

6.5.1 Europe Vitamin B3-B4 Market, By Application Overview

6.5.2 Europe Vitamin B3-B4 Market Size, By Animal Feed, By Value, 2018H-2028F (USD Million & CAGR)

6.5.3 Europe Vitamin B3-B4 Market Size, By Human Food, By Value, 2018H-2028F (USD Million & CAGR)

6.5.4 Europe Vitamin B3-B4 Market Size, By Cosmetic & Pharmaceuticals, By Value, 2018H-2028F (USD Million & CAGR)

6.6 Europe Vitamin B3-B4 Market Segmentation: By Vitamin Type

6.6.1 Europe Vitamin B3-B4 Market, By Vitamin Type Overview

6.6.2 Europe Vitamin B3-B4 Market Size, By Vitamin B3, By Value, 2018H-2028F (USD Million & CAGR)

6.6.3 Europe Vitamin B3-B4 Market Size, By Vitamin B4, By Value, 2018H-2028F (USD Million & CAGR)

6.7 Europe Vitamin B3-B4 Market Segmentation: By Formulation

6.7.1 Europe Vitamin B3-B4 Market, By Formulation Overview

6.7.2 Europe Vitamin B3-B4 Market Size, By Dry, By Value, 2018H-2028F (USD Million & CAGR)

6.7.3 Europe Vitamin B3-B4 Market Size, By Liquid, By Value, 2018H-2028F (USD Million & CAGR)

6.8 Europe Vitamin B3-B4 Market Segmentation: By Country

6.8.1 Germany Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

6.8.1.1 Germany Vitamin B3-B4 Market, By Application

6.8.1.2 Germany Vitamin B3-B4 Market, By Vitamin Type

6.8.1.3 Germany Vitamin B3-B4 Market, By Formulation

6.8.2 United Kingdom Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

6.8.2.1 United Kingdom Vitamin B3-B4 Market, By Application

6.8.2.2 United Kingdom Vitamin B3-B4 Market, By Vitamin Type

6.8.2.3 United Kingdom Vitamin B3-B4 Market, By Formulation

6.8.3 France Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

6.8.3.1 France Vitamin B3-B4 Market, By Application

6.8.3.2 France Vitamin B3-B4 Market, By Vitamin Type

6.8.3.3 France Vitamin B3-B4 Market, By Formulation

6.8.4 Italy Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

6.8.4.1 Italy Vitamin B3-B4 Market, By Application

6.8.4.2 Italy Vitamin B3-B4 Market, By Vitamin Type

6.8.4.3 Italy Vitamin B3-B4 Market, By Formulation

6.8.5 Spain Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

6.8.5.1 Spain Vitamin B3-B4 Market, By Application

6.8.5.2 Spain Vitamin B3-B4 Market, By Vitamin Type

6.8.5.3 Spain Vitamin B3-B4 Market, By Formulation

6.8.6 Rest of Europe Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

6.8.6.1 Rest of Europe Vitamin B3-B4 Market, By Application

6.8.6.2 Rest of Europe Vitamin B3-B4 Market, By Vitamin Type

6.8.6.3 Rest of Europe Vitamin B3-B4 Market, By Formulation

7. Asia-Pacific Vitamin B3-B4 Market: Historic and Forecast (2018-2028)

7.1 Asia-Pacific Vitamin B3-B4 Market: Snapshot

7.2 Asia-Pacific Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

7.3 Asia-Pacific Vitamin B3-B4 Market: Key Factors

7.4 Asia-Pacific Vitamin B3-B4 Market: Segment Analysis

7.5 Asia-Pacific Vitamin B3-B4 Market Segmentation: By Application

7.5.1 Asia-Pacific Vitamin B3-B4 Market, By Application Overview

7.5.2 Asia-Pacific Vitamin B3-B4 Market Size, By Animal Feed, By Value, 2018H-2028F (USD Million & CAGR)

7.5.3 Asia-Pacific Vitamin B3-B4 Market Size, By Human Food, By Value, 2018H-2028F (USD Million & CAGR)

7.5.4 Asia-Pacific Vitamin B3-B4 Market Size, By Cosmetic & Pharmaceuticals, By Value, 2018H-2028F (USD Million & CAGR)

7.6 Asia-Pacific Vitamin B3-B4 Market Segmentation: By Vitamin Type

7.6.1 Asia-Pacific Vitamin B3-B4 Market, By Vitamin Type Overview

7.6.2 Asia-Pacific Vitamin B3-B4 Market Size, By Vitamin B3, By Value, 2018H-2028F (USD Million & CAGR)

7.6.3 Asia-Pacific Vitamin B3-B4 Market Size, By Vitamin B4, By Value, 2018H-2028F (USD Million & CAGR)

7.7 Asia-Pacific Vitamin B3-B4 Market Segmentation: By Formulation

7.7.1 Asia-Pacific Vitamin B3-B4 Market, By Formulation Overview

7.7.2 Asia-Pacific Vitamin B3-B4 Market Size, By Dry, By Value, 2018H-2028F (USD Million & CAGR)

7.7.3 Asia-Pacific Vitamin B3-B4 Market Size, By Liquid, By Value, 2018H-2028F (USD Million & CAGR)

7.8 Asia-Pacific Vitamin B3-B4 Market Segmentation: By Country

7.8.1 China Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

7.8.1.1 China Vitamin B3-B4 Market, By Application

7.8.1.2 China Vitamin B3-B4 Market, By Vitamin Type

7.8.1.3 China Vitamin B3-B4 Market, By Formulation

7.8.2 Japan Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

7.8.1.1 Japan Vitamin B3-B4 Market, By Application

7.8.1.2 Japan Vitamin B3-B4 Market, By Vitamin Type

7.8.1.3 Japan Vitamin B3-B4 Market, By Formulation

7.8.3 India Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

7.8.3.1 India Vitamin B3-B4 Market, By Application

7.8.3.2 India Vitamin B3-B4 Market, By Vitamin Type

7.8.3.3 India Vitamin B3-B4 Market, By Formulation

7.8.5 Rest of Asia-Pacific Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

7.8.5.1 Rest of Asia-Pacific Vitamin B3-B4 Market, By Application

7.8.5.2 Rest of Asia-Pacific Vitamin B3-B4 Market, By Vitamin Type

7.8.5.3 Rest of Asia-Pacific Vitamin B3-B4 Market, By Formulation

8. Middle-East & Africa Vitamin B3-B4 Market: Historic and Forecast (2018-2028)

8.1 Middle-East & Africa Vitamin B3-B4 Market: Snapshot

8.2 Middle-East & Africa Vitamin B3-B4 Market: Market Size and CAGR, 2018-2028 (USD Million & CAGR)

8.3 Middle-East & Africa Vitamin B3-B4 Market: Key Factors

8.4 Middle-East & Africa Vitamin B3-B4 Market: Segment Analysis

8.5 Middle-East & Africa Vitamin B3-B4 Market Segmentation: By Application

8.5.1 Middle-East & Africa Vitamin B3-B4 Market, By Application Overview

8.5.2 Middle-East & Africa Vitamin B3-B4 Market Size, By Animal Feed, By Value, 2018H-2028F (USD Million & CAGR)

8.5.3 Middle-East & Africa Vitamin B3-B4 Market Size, By Human Food, By Value, 2018H-2028F (USD Million & CAGR)

8.5.4 Middle-East & Africa Vitamin B3-B4 Market Size, By Cosmetic & Pharmaceuticals, By Value, 2018H-2028F (USD Million & CAGR)

8.6 Middle-East & Africa Vitamin B3-B4 Market Segmentation: By Vitamin Type

8.6.1 Middle-East & Africa Vitamin B3-B4 Market, By Vitamin Type Overview

8.6.2 Middle-East & Africa Vitamin B3-B4 Market Size, By Vitamin B3, By Value, 2018H-2028F (USD Million & CAGR)

8.6.3 Middle-East & Africa Vitamin B3-B4 Market Size, By Vitamin B4, By Value, 2018H-2028F (USD Million & CAGR)

8.7 Middle-East & Africa Vitamin B3-B4 Market Segmentation: By Formulation

8.7.1 Middle-East & Africa Vitamin B3-B4 Market, By Formulation: Overview

8.7.2 Middle-East & Africa Vitamin B3-B4 Market Size, By Dry, By Value, 2018H-2028F (USD Million & CAGR)

8.7.3 Middle-East & Africa Vitamin B3-B4 Market Size, By Liquid, By Value, 2018H-2028F (USD Million & CAGR)

9. Market Dynamics

9.1 Impact Assessment of Market Dynamics on Global Vitamin B3-B4 Market

9.2 Drivers

9.3 Restraints

9.4 Trends

10. Porter's Five Forces Analysis

10.1 Porter's Five Forces Model

11. Competitive Positioning

11.1 Companies' Product Positioning

11.2 Market Position Matrix

11.3 Market Share Analysis of Vitamin B3-B4 Market

11.4 Company Profiles

11.4.1 Lonza

11.4.2 Aurorium

11.4.3 Brother Enterprises Holding Co., Ltd.

11.4.4 Shandong Hongda Biotechnology Co., Ltd.

11.4.5 Mianyang Vanetta Chemical Industrial Co., Ltd.

11.4.6 Jubilant Ingrevia Ltd.

11.4.7 Eastman Chemical Company

11.4.8 Lasons India Pvt. Ltd

11.4.9 Glanbia plc

11.4.10 Merck

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This report incorporates the analysis of factors that augments the market growth. Report presents competitive landscape of the global market. This also provides the scope of different segments and applications that can potentially influence the market in the future. The analysis is based on current market trends and historic growth data. It includes detailed market segmentation, regional analysis, and competitive landscape of the industry.
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