The Global Niacinamide Market was valued at USD 1080.1 Million in 2022 and is projected to reach USD 1233.4 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 1.9% during the forecast period (2023–2029). This steady growth is driven by rising consumer awareness of skin health, the expanding nutraceutical and functional food & beverage sectors, and increasing applications of niacinamide in animal feed to enhance livestock health and productivity.

As the health and wellness industry continues its upward trajectory, the demand for high-quality, versatile ingredients like niacinamide is surging. In this blog, we profile the Top 10 Companies in the Niacinamide Industry—a diverse group of chemical giants, specialized ingredient suppliers, and pharmaceutical companies shaping the future of this essential nutrient market.

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🔟 1. Lonza Group Ltd.

Headquarters: Basel, Switzerland
Key Offering: Pharmaceutical Grade Niacinamide, Niacinamide for Cosmetics

Lonza is a global leader in life sciences, holding a dominant position in the high-purity niacinamide market. The company supplies niacinamide to leading pharmaceutical companies, cosmetic brands, and nutraceutical manufacturers worldwide, emphasizing stringent quality control and regulatory compliance.

Innovation and Market Position:

• Leading global supplier with over 50% market share in certain high-purity segments
• Extensive R&D focused on novel delivery systems for skincare applications
• Strategic focus on sustainable production processes

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Niacinamide Market – View in Detailed Research Report

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9️⃣ 2. Jubilant Life Sciences Ltd.

Headquarters: Noida, Uttar Pradesh, India
Key Offering: Feed Grade, Food Grade, and Pharmaceutical Grade Niacinamide

Jubilant Life Sciences is a major integrated global pharmaceutical and life sciences company and a key producer of niacinamide. Its strong presence in the Asian market and competitive cost structure make it a significant player, particularly in the feed and food ingredient segments.

Innovation and Market Position:

• Vertically integrated production from basic chemicals to finished niacinamide
• Strong distribution network across Asia-Pacific and emerging markets
• Growing capacity to meet increasing global demand

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8️⃣ 3. Vertellus Holdings LLC

Headquarters: Indianapolis, Indiana, USA
Key Offering: Niacinamide for Animal Nutrition, Human Nutrition, and Personal Care

Vertellus is a specialty chemicals company focused on ingredients for health, nutrition, and cosmetics. It is a well-established supplier of niacinamide, particularly recognized for its expertise in serving the animal nutrition industry with high-quality vitamin B3 products.

Innovation and Market Position:

• Specializes in niche applications for animal health and performance
• Technical support and formulation expertise for customers
• Commitment to product quality and supply chain reliability

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7️⃣ 4. Brother Enterprises Holding Co., Ltd.

Headquarters: Shaoxing, Zhejiang, China
Key Offering: Feed Grade Niacinamide, Niacin

Brother Enterprises is one of China’s leading producers of vitamins and fine chemicals, with a significant output of niacinamide. The company plays a crucial role in the global supply chain, especially for the cost-sensitive animal feed market, which accounts for the largest volume share.

Innovation and Market Position:

• Major low-cost producer with significant scale advantages
• Strong foothold in the Asia-Pacific feed additive market
• Focusing on capacity expansion to capture growing demand

Download FREE Sample Report:
Niacinamide Market – View in Detailed Research Report

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6️⃣ 5. Lasons India Pvt. Ltd.

Headquarters: Mumbai, Maharashtra, India
Key Offering: Pharmaceutical and Cosmetic Grade Niacinamide

Lasons India is a prominent supplier and distributor of pharmaceutical raw materials, including niacinamide. The company serves the domestic Indian pharmaceutical industry, which is one of the fastest-growing markets globally, and also exports to other regions.

Innovation and Market Position:

• Key supplier to India’s robust pharmaceutical sector
• Strong regional distribution and logistics capabilities
• Focus on regulatory compliance for pharmaceutical applications

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5️⃣ 6. Vanetta (Zhejiang NHU Co., Ltd.)

Headquarters: Shaoxing, Zhejiang, China
Key Offering: A wide range of Niacinamide grades for Feed, Food, and Pharma

Zhejiang NHU, often operating under the brand Vanetta, is a global giant in the production of vitamins and fine chemicals. It is a top-tier competitor in the niacinamide market, known for its large-scale, efficient manufacturing and competitive pricing.

Innovation and Market Position:

• One of the world’s largest vitamin producers with integrated supply chains
• Significant investments in R&D for process optimization and new applications
• Global sales network serving customers in over 100 countries

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4️⃣ 7. DSM-Firmenich

Headquarters: Kaiseraugst, Switzerland (DSM) & Geneva, Switzerland (Firmenich)
Key Offering: High-purity Niacinamide for Human and Animal Nutrition

Following the merger of DSM and Firmenich, this new entity is a powerhouse in health, nutrition, and beauty. DSM has long been a leading supplier of vitamins, including niacinamide, with a strong reputation for science-backed ingredients and sustainability.

Innovation and Market Position:

• World-renowned for product quality, safety, and scientific validation
• Strong focus on sustainability and reducing the environmental footprint of production
• Extensive application development support for customers

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3️⃣ 8. Zhejiang Lanbo Biotechnology Co., Ltd.

Headquarters: Lanxi, Zhejiang, China
Key Offering: Feed Grade and Food Grade Niacinamide

Zhejiang Lanbo is a specialized manufacturer of vitamin B3 and its derivatives. The company has been expanding its production capacity and technological capabilities to solidify its position as a key supplier in the global market, particularly for bulk applications.

Innovation and Market Position:

• Growing manufacturer with a focus on the vitamin B3 segment
• Competitive positioning in the Asian market
• Investing in production technology to improve efficiency and quality

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2️⃣ 9. Tianjin Zhongrui Pharmaceutical Co., Ltd.

Headquarters: Tianjin, China
Key Offering: Pharmaceutical Grade Niacinamide

Tianjin Zhongrui is a pharmaceutical company that manufactures active pharmaceutical ingredients (APIs), including high-purity niacinamide. It supplies the pharmaceutical industry, where strict adherence to Good Manufacturing Practices (GMP) is paramount.

Innovation and Market Position:

• Specializes in high-purity ingredients for pharmaceutical applications
• Holds necessary certifications for supplying regulated markets
• Focuses on the growing demand for vitamins in pharmaceutical formulations

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1️⃣ 10. Other Key Regional Players

Headquarters: Various global locations
Key Offering: Niacinamide for specific regional and application needs

Beyond the top global players, several regional companies play a vital role in the niacinamide ecosystem. These include distributors, traders, and smaller manufacturers who cater to local markets, offer customized solutions, and ensure the availability of niacinamide across diverse geographies and industry segments.

Market Role and Initiatives:

• Ensure supply chain resilience and regional market access
• Provide tailored solutions and logistical support for local customers
• Often act as crucial links between large producers and end-users

Read Full Report:
Niacinamide Market – View in Detailed Research Report

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🌍 Outlook: The Future of Niacinamide Is Multifaceted and Growth-Oriented

The niacinamide market is experiencing a steady evolution. While the traditional feed additive segment continues to provide volume stability, the highest growth is emerging from the personal care, pharmaceutical, and functional food sectors, driven by consumer health trends.

📈 Key Trends Shaping the Market:

• Rising consumer demand for scientifically-backed skincare ingredients targeting concerns like hyperpigmentation and aging.
• Growth in the nutraceuticals sector, with niacinamide being incorporated into supplements for its metabolic and neurological benefits.
• Increasing use of niacinamide in premium animal feed to improve livestock health, yield, and sustainability.
• Manufacturers investing in sustainable and bio-based production methods to meet environmental standards.

Read Full Report:
Niacinamide Market – View in Detailed Research Report

The companies listed above are not only supplying a critical nutrient—they are enabling advancements in health, wellness, and sustainable nutrition across the globe.