Japan's METI granted a $3 billion CfD subsidy to ACME-IHI for 228,000 t/y green ammonia exports from India starting 2030. The program reduces price risk for producers and secures offtake by Japanese users, encouraging low-carbon ammonia production and likely stabilizing green ammonia prices in the long run.
Niacinamide, the biologically active amide form of vitamin B3, is a widely used functional ingredient across dietary supplements, pharmaceutical formulations, fortified foods, and personal-care products, its production depending on 3-cyanopyridine as a key intermediate.
Through H1 2026, niacinamide prices maintained a firm and broadly balanced tone across major consuming regions. Asian production, concentrated predominantly in China, remained disciplined, with major manufacturers sustaining measured operating rates rather than aggressively chasing volume, keeping supply sufficiently tight to prevent softening. Downstream demand from nutrition, pharmaceutical, and personal-care sectors held steady, providing a reliable floor under the market. In European markets, buying behaviour was characterised by careful restocking, while North American buyers followed a comparable pattern of disciplined purchasing. Feedstock costs remained elevated relative to multi-year norms, underpinning producer price floors, though logistics conditions stayed broadly stable compared to prior periods of disruption.
Analyst Insight
According to Procurement Resource, prices should stay range-bound, with softening requiring easier upstream feedstock costs.
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Asia
In Asia, Niacinamide prices in 2025 moved through a firm and occasionally rising pattern. Early in the year, demand slowed briefly due to seasonal holidays, which created short periods of softer buying. However, once manufacturing resumed, supply tightened because production faced constraints during the restart phase. At the same time, rising costs for key raw materials supported a steady upward push on prices. As trade conditions shifted and freight availability tightened, buyers began securing material earlier than usual, adding extra pressure on supply. By mid-year, steady orders from health, food, and personal-care sectors helped keep prices supported. Toward the end of the year, improved logistics reduced some of the earlier strain, but stronger consumption kept the market firm overall.
Europe
In Europe, Niacinamide prices in 2025 showed a mix of softness and gradual recovery. The year began with cautious buying as economic worries and slower winter demand weighed on sentiment. This created brief downward pressure, but the trend shifted as supply constraints started appearing across the global vitamin market. Higher operating costs and tighter availability pushed European buyers to rebuild inventories. Through mid-year, the food and healthcare sectors increased procurement, helping prices stabilize and then rise modestly. Logistics remained manageable, but concerns about energy and raw material costs influenced market behavior. By late 2025, the region experienced a firmer tone as buyers prepared for early-year requirements and attempted to avoid future supply disruptions.
North America
In North America, Niacinamide prices in 2025 followed a steady upward path. Early in the year, winter-related delays caused interruptions in transport, which led buyers to secure material earlier. New trade measures and shifting tariff expectations added to this momentum as companies tried to avoid possible cost spikes. Through the middle of the year, demand from supplements and fortified foods remained steady, while inventory management became more strategic to handle uncertain logistics. By the final quarter, stable but firm demand kept prices supported as suppliers adjusted offers to maintain competitiveness.
Niacinamide is the coenzyme nicotinamide adenine dinucleotide's component and the active form of vitamin B3 (NAD). Niacinamide increases tumour blood flow and decreases tumour hypoxia, acting as a chemo- and radio-sensitizing agent. Additionally, this substance prevents the enzymes known as poly(ADP-ribose) polymerases from mending DNA strand breaks brought on by chemotherapy or radiation.
C6H6N2O
Neuroprotective agent, Antioxidant, Used for acne, diabetes, cancer, osteoarthritis, Cosmetics industry, Healthcare industry
Nicotinamide, 3-Pyridinecarboxamide
Lonza DSM, Bactolac Pharmaceutical, Inc., Merck KGaA, BASF SE, Foodchem International Corporation
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In this procedure, 2-methyl-1,5-pentanediamine (MPDA) is first converted to 3-picoline, which is then further reacted to yield an intermediate called 3-cyanopyridine. Niacinamide is created by hydrolyzing the generated intermediate.
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