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

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.
  • Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.

MEA data book summary

Market revenue in 2023USD 10.4 million
Market revenue in 2030USD 11.2 million
Growth rate1.1% (CAGR from 2024 to 2030)
Largest segmentNatural
Fastest growing segmentNatural
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNatural, Synthetic
Key market players worldwideJubilant Life Sciences, DSM, Glanbia PLC, Basf SE, Spectrum Chemical Manufacturingrp

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 Companies

Name Profile # Employees HQ Website

MEA vitamin b3 market size, by country, 2018-2030 (US$M)

Middle East & Africa Vitamin B3 Market Outlook Share, 2023 & 2030 (US$M)

MEA vitamin b3 market size, by country, 2018-2030 (US$M)

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