Mexico Vitamin B3 Market Size & Outlook, 2023-2030

The vitamin b3 market in Mexico is expected to reach a projected revenue of US$ 6.4 million by 2030. A compound annual growth rate of 0.9% is expected of Mexico vitamin b3 market from 2024 to 2030.
Revenue, 2023 (US$M)
$6.0
Forecast, 2030 (US$M)
$6.4
CAGR, 2024 - 2030
0.9%
Report Coverage
Mexico

Mexico vitamin b3 market highlights

  • The Mexico vitamin b3 market generated a revenue of USD 6.0 million in 2023 and is expected to reach USD 6.4 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 0.9% 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.


Vitamin b3 market data book summary

Market revenue in 2023USD 6.0 million
Market revenue in 2030USD 6.4 million
Growth rate0.9% (CAGR from 2024 to 2030)
Largest segmentNatural
Fastest growing segmentNatural
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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, Mexico accounted for 1.6% of the global vitamin b3 market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. vitamin b3 market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 14.4 million by 2030.

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Vitamin B3 Market Companies

Name Profile # Employees HQ Website

Mexico vitamin b3 market size, by source, 2018-2030 (US$M)

Mexico Vitamin B3 Market Outlook Share, 2023 & 2030 (US$M)

Mexico vitamin b3 market size, by source, 2018-2030 (US$M)

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