Global Niacin Market Worth $ 1.17 Billion by 2019

Date: 2016-09-19

Niacin is an organic compound with the formula C6H5NO2 and, depending on the definition used, one of the 20 to 80 essential human nutrients. Pharmaceutical and supplemental niacin are primarily used to treat hypercholesterolemia (high cholesterol) and pellagra (niacin deficiency). Niacin raw materials is 3-MP and MEP ect.

Pharmaceutical, feed and food additive are the main application of niacin product and Europe is the largest niacin market on production and consumption.

Global niacin market is projected to reach $ 1.17 Billion by 2019, with a GAGR of 3.5% from 2015, and Asia will have a big dynamic momentum on the market growth. The major players in the global niacin market are Yuki Gosei, MYVP, Jubilant, Vertellus, Lonza, BASF, Evonik etc..


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520

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