North America Vitamin B3 Market Size & Outlook, 2023-2030
The vitamin b3 market in North America is expected to reach a projected revenue of US$ 122.0 million by 2030. A compound annual growth rate of 1.7% is expected of North America vitamin b3 market from 2024 to 2030.
Revenue, 2023 (US$M)
$108.3
Forecast, 2030 (US$M)
$122.0
CAGR, 2024 - 2030
1.7%
Report Coverage
North America
North America vitamin b3 market, 2018-2030 (US$M)
Related Markets
North America vitamin b3 market highlights
- The North America vitamin b3 market generated a revenue of USD 108.3 million in 2023.
- The market is expected to grow at a CAGR of 1.7% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 108.3 million |
| Market revenue in 2030 | USD 122.0 million |
| Growth rate | 1.7% (CAGR from 2024 to 2030) |
| Largest segment | Natural |
| Fastest growing segment | Natural |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 29.1% 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 Scope
Vitamin b3 market segmentation & scope
Vitamin B3 Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America vitamin b3 market size, by country, 2018-2030 (US$M)
North America Vitamin B3 Market Outlook Share, 2023 & 2030 (US$M)
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