Niacin Price Trend Analysis 2026: Historical Prices, Price Drivers, Latest News, Market Insights & Supply Demand Analysis

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Asia

In Asia, Niacin prices in 2024 moved through a mostly firm trend. Early in the year, demand from nutrition and supplement manufacturers stayed steady, while some producers dealt with short pauses in operations due to holidays. This created brief tightness in supply and supported higher price levels. As the year progressed, supply improved and inventories returned to more comfortable levels, which led to a period of stability. However, strong export activity and consistent domestic buying prevented any major decline. In the second half of the year, increased manufacturing activity and early stocking before major holidays added fresh upward pressure. By year end, the combination of strong demand and logistical caution kept the market firm.

Europe

In Europe, Niacin prices in 2024 generally moved upward. Early in the year, high operating costs and steady purchases from food and health-related sectors supported the market. In the middle of the year, global supply concerns and tighter availability encouraged buyers to restock earlier, which strengthened the upward movement. Toward the final quarter, higher import costs and transport challenges added pressure on prices. Many buyers increased inventories to avoid disruptions, keeping the market firm until the close of the year.

North America

In North America, Niacin prices in 2024 followed a steady rising pattern. During the first half, companies increased procurement as a precaution against potential supply delays. Logistics issues and higher production costs added support to the upward movement. In the second half, buyers continued to build stocks ahead of expected early 2025 uncertainties. While supply was generally adequate, cautious inventory strategies and rising expenses kept prices firm throughout the year.

About Niacin

Niacin or Nicotinic acid is basically known as a water-soluble vitamin whose derivatives such as NADH, NAD, NAD+, and NADP play crucial roles in energy metabolism in the living cell as well as in DNA repair. Niacin can be easily found in a variety of whole and processed foods, with highest contents in fortified packaged foods, meat, poultry, red fish like tuna and salmon, lesser amounts in nuts, legumes, and seeds.

Niacin Product Detail

Hs Code
29362920
Chemical Formula

C6H5NO2 or C5H4NCOOH

Cas Number
59-67-6
Molecular Weight
123.11 g/mol
Industrial Uses

Intermediates, Processing Aid in Food, Processing Aid in Animal Feed

Synonyms

Pyridine-3-carboxylic Acid, Nicotinic Acid , 3-Carboxypyridine

Supplier Database

Acros Organics, Charkit Chemical Company LLC, Penta Manufacturing Company

Regional Coverage

Asia Pacific

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe

Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America

United States and Canada

Latin America

Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa

South Africa, Nigeria, Egypt, Algeria, Morocco

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.

Niacin Production Process

  • Production of Niacin via Oxidation of 5-Ethyl-2-Methylpyridine

In this process, 5-ethyl-2-methylpyridine is oxidised in an aqueous solution to nicotinic acid in a single-tube reactor by utilising an excess of nitric acid. The continuous process takes place somewhere around 230-270 °C.

About the Author

Vishakha Agrawal profile photo

Vishakha Agrawal

Lead - Social & Development Research

Delivering procurement intelligence and supply chain analytics across healthcare, FMCG, and chemicals sectors, with expertise in cost modeling, vendor mapping, and spend optimization to support data-driven sourcing decisions and procurement outcomes.

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