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)
$6.4
CAGR, 2024 - 2030
0.9%
Report Coverage
Mexico
Mexico vitamin b3 market, 2018-2030 (US$M)
Related Markets
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 2023 | USD 6.0 million |
| Market revenue in 2030 | USD 6.4 million |
| Growth rate | 0.9% (CAGR from 2024 to 2030) |
| Largest segment | Natural |
| Fastest growing segment | Natural |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural, Synthetic |
| Key market players worldwide | Jubilant 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 Scope
Vitamin b3 market segmentation & scope
Vitamin B3 Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico vitamin b3 market size, by source, 2018-2030 (US$M)
Mexico Vitamin B3 Market Outlook Share, 2023 & 2030 (US$M)
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