Top companies in Niacinamide Market | Leading Players in Niacinamide Industry Size, Share, Market Insights

The Niacinamide Market is expected to expand to an excess of $665.7 Million by 2028, at a CAGR of 4.1%.

Top companies in Niacinamide Market | Leading Players in Niacinamide Industry Size, Share, Market Insights
niacinamide market

Market Overview:

The Niacinamide Market is expected to expand to an excess of $665.7 Million by 2028, at a CAGR of 4.1%.   The rising demand for Niacinamide is primarily fueling the expansion of the worldwide keyword market because of the positive effects it has on people's health. During the forecast period, this Niacinamide Market will grow due to a number of factors, including the expansion of the cosmetics and healthcare industries, the rising popularity of skin care cosmetics, an increase in Research and Development (R&D) efforts, and rising consumer awareness about the importance of eating a balanced diet and including nutritional supplements.

Growth in the market is anticipated to be spurred by factors such as rising spending on Research and Development (R&D) and the rising popularity of Niacinamide in the adjunctive treatment of dermatological diseases and as a topical or oral medicine with unwanted side effects.

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Some of the key players operating in the Niacinamide Market are listed below:

Company Name

Revenue in USD

  • Lonza Group

$5 Billion

  • Merck KGaA

$21 Billion

  • Foodchem International Corporation

<$5 Million

  • Lasons India Pvt.

$64 Million

  • Bactolac Pharmaceutical

$150 Million

  • Zhejiang Lanbo Biotechnology Co Ltd

<$5 Million

  • Vertellus LLC

$412 Million

  • BASF SE

$52 Billion

 

  1. Lonza Group

Switzerland-based Lonza Group AG manufactures fine organic chemicals, active ingredients, biocides, and biotechnology products. The company provides custom chemical manufacturing and fermentation processing and manufactures its products for the life sciences, food processing, pharmaceuticals, and agriculture industries. In addition, the company operates production sites in Europe, the United States, and China.

  1. Merck KGaA

Founded in 1668, Merck KGaA is a worldwide pharmaceutical and chemical company. In addition, the company researches drugs in the areas of oncology and neurodegenerative, autoimmune, and inflammatory diseases. In addition, it markets cardiovascular, endocrinology, fertility, and over-the-counter products and products for flat screens and pharmaceuticals, cosmetics, packaging, food, and coatings.

  1. Foodchem International Corporation

Foodchem International Corporation is a leading Chinese company in the production, Research and Development (R&D), marketing, sales, and distribution of innovative & standard food additives and ingredients. In addition, with over 200 products and a world-class supplier base, FOODCHEM provides one-stop-shop solutions to more than 5,000 customers in the worldwide pharmaceutical, food & beverage, cosmetics, animal nutrition, and chemical industry that covers 120 countries and regions around the globe. 

  1. Lasons India

Lasons India Pvt. Ltd. is one of the leading producers of Vitamin B3, i.e., Niacin & Niacinamide. In addition, the company successfully placed itself in the international marketplace as a reliable and preferred provider of Niacin and Niacinamide (Vitamin B3).

  1. Bactolac Pharmaceutical Inc.

Founded in New York in 1995, Bactolac Pharmaceutical is a nutritional supplement manufacturer led by a team of experienced scientists and pharmacists. The company aims to provide high-quality vitamins and supplements at competitive prices to assist customers in becoming successful in the health & wellness supplementation industry.

  1. Zhejiang Lanbo Biotechnology

Zhejiang Lanbo Biotechnology Co Ltd. is a company that operates in the Biotechnology industry. The company is headquartered in Zhejiang, China.

  1. Vertellus LLC

The US-based Vertellus LLC manufactures fine and specialty chemicals in diverse applications, processes, and market sectors, including agriculture. The company is a global supplier of specialty chemical products and innovative materials, which improve quality of life, support health & wellness, and enable our customers to deliver value-added solutions.

  1. BASF SE

BASF SE is a chemical company operating in six segments: chemicals, performance products, plastics, functional solutions, oil & gas, and agricultural solutions. BASF provides products for the chemical, construction, automotive, agriculture, oil, electrical, electronics, plastics, furniture, and paper industries and offers a range of system solutions and services.

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