Niacinamide Prices

Niacinamide Price Trend, Index and Forecast

Track the latest insights on niacinamide price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Niacinamide Prices Outlook Q2 2025

• USA: US$ 5060/MT     
• South Korea: US$ 4900/MT
• Germany: US$ 4980/MT
• China: US$ 4247/MT  
• Brazil: US$ 4480/MT

Niacinamide Price Chart

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During the second quarter of 2025, the niacinamide prices in the USA reached 5060 USD/MT in June. In the USA, niacinamide prices were influenced by steady consumption from the dietary supplements and personal care sectors, which continued to prioritize functional and fortified products. Imports from Asia, especially China, played a critical role in balancing domestic supply gaps, making landed costs sensitive to ocean freight charges, port logistics, and customs clearance procedures. Volatility in raw material inputs, particularly ammonia and acetone, influenced production economics. Regulatory compliance with food and pharmaceutical standards also contributed to overall costs.

During the second quarter of 2025, niacinamide prices in South Korea reached 4900 USD/MT in June. In South Korea, the prices of niacinamide were affected by demand growth in the cosmetics and nutraceutical sectors, where the compound is used in skin-brightening and anti-aging products. The domestic market relies heavily on imports from China, making supply chain costs dependent on regional freight rates and import tariffs. Fluctuations in exchange rates influenced procurement expenses, while energy and labor costs contributed to the overall production and distribution costs across industrial hubs.

During the second quarter of 2025, the niacinamide prices in Germany reached 4980 USD/MT in June. In Germany, niacinamide prices were shaped by strong demand from the pharmaceutical and personal care industries, supported by rising health-conscious consumer preferences. Import dependence, particularly on Asian suppliers, exposed buyers to changes in freight charges, port handling fees, and customs processes. Volatile raw material costs, especially from intermediates used in vitamin production, further influenced procurement expenses. Additionally, adherence to stringent European Union food and pharmaceutical regulations increased compliance costs, adding to the overall cost burden.

During the second quarter of 2025, the niacinamide prices in China reached 4247 USD/MT in June. In China, niacinamide prices were largely impacted by domestic production trends, as the country remained the leading global producer and exporter. The availability and cost of feedstock materials such as ammonia and acetone played a decisive role in determining production economics. Strong domestic demand from food, pharmaceutical, and cosmetics industries competed with export commitments, influencing supply allocation. Energy and labor costs also shaped overall production expenses, while environmental regulations on chemical manufacturing added operational requirements.

During the second quarter of 2025, the niacinamide prices in Brazil reached 4480 USD/MT in June. In Brazil, niacinamide prices were primarily influenced by the demand from the food and beverage sector, which utilized the ingredient in fortified products and nutritional supplements. Heavy reliance on imports, mainly from Asia, made prices sensitive to international shipping rates, port logistics, and customs charges. Exchange rate fluctuations against the US dollar further affected procurement costs. Local distribution expenses, particularly in transporting goods across Brazil’s extensive domestic network, also contributed to overall supply chain costs.

Niacinamide Prices Outlook Q4 2023

• USA: US$ 9516/MT
• India: US$ 4958/MT
• South Korea: US$ 8312/MT

The niacinamide prices in the USA for Q4 2023 reached 9516 USD/MT in December. High production rates and reduced buying from downstream sectors caused a continuous drop in prices. Economic uncertainty and waning consumer interest further contributed to the sustained downward trend in product prices during this period.

The price trend for niacinamide in India for Q4 2023, reached 4958 USD/MT in December. The market was impacted by rising inflation and a slow economic recovery, which constrained consumer spending and demand. The market faced challenges from elevated inventory levels and a cautious approach to new orders, reflecting broader economic concerns and a focus on reducing excess stock amid uncertain demand.

The price trend for niacinamide in South Korea for Q4 2023, reached 8312 USD/MT in December. The market experienced pressure from economic instability and currency fluctuations. The depreciation against the US dollar and cautious consumer spending contributed to a restrained market. The elevated inventory and low demand outlook led to a destocking approach, influencing the downward price trend throughout the period.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the niacinamide prices.

Global Niacinamide Price Trend

The report offers a holistic view of the global niacinamide pricing trends in the form of niacinamide price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of niacinamide, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed niacinamide demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Niacinamide Price Trend

Q2 2025:

As per the niacinamide price index, European prices were shaped by dynamics in the pharmaceutical, personal care, and food and beverage sectors, where demand for nutritional supplements and fortified products remained consistent. The region’s reliance on imports from Asian producers exposed buyers to variations in freight charges and longer shipping lead times. Energy and utility costs in major European economies also influenced processing and distribution expenses. Additionally, compliance with evolving European Union health and safety regulations added to overall operating costs.

Q4 2023:

Europe's niacinamide market saw a downturn, primarily due to excess stock levels and strained downstream industries. German pharmaceutical and nutraceutical companies experienced decreased profits, causing a slowdown in product procurement. Moreover, new orders dropped both domestically and internationally, affected by geopolitical tensions such as the Israel-Hamas conflict, adding further strain to the market conditions.

This analysis can be extended to include detailed niacinamide price information for a comprehensive list of countries.

North America Niacinamide Price Trend

Q2 2025:

As per the niacinamide price index, in North America, niacinamide prices were influenced by steady demand from the dietary supplement, pharmaceutical, and functional food industries, which prioritized health and wellness applications. Limited domestic production capacity led to continued reliance on imports from Asia, making prices sensitive to fluctuations in global trade flows and logistics costs. Currency movements against major Asian currencies and rising feedstock costs, particularly for ammonia derivatives, contributed to procurement challenges. Distribution costs within the large North American market also added to overall expenses.

Q4 2023:

Niacinamide prices in North America were pressured by the tough economic environment and increasing inflation. The combination of high production levels and restrained purchasing from downstream sectors led to a downward price trend. The economic difficulties and reduced consumer interest, coupled with decreased production costs, maintained the declining price trend of niacinamide throughout this period.

Specific niacinamide historical data within the United States and Canada can also be provided.

Middle East and Africa Niacinamide Price Trend

Q2 2025:

As per the niacinamide price chart, the prices in the Middle East and Africa fluctuated due to a complex interplay of factors, primarily driven by supply chain disruptions, seasonal demand shifts, and geopolitical influences. A tight supply from refineries, exacerbated by maintenance rounds and unplanned outages, put pressure on prices. Simultaneously, demand from the agrochemical sector during the planting season contributed to price changes.

Q4 2023:

The report explores the niacinamide pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on niacinamide prices for countries can also be provided.

Asia Pacific Niacinamide Price Trend

Q2 2025:

In the Asia Pacific region, niacinamide prices were driven by strong domestic production activity in China, which remained the leading global supplier. The cost of raw materials such as acetone and ammonia played a critical role in shaping production expenses, while energy and labor costs added further pressures. Rising demand from the pharmaceutical, nutraceutical, and cosmetics industries within China, India, and Southeast Asia influenced supply allocation. Export demand from Europe and North America added to market competition for available volumes.

Q4 2023:

Amidst weakening economies and currency devaluation, the niacinamide industry in Asia Pacific faced challenges. Consumer demand was notably low, influenced by inflationary pressures that tightened spending capabilities. The elevating inventories and increased production capacity, despite poor demand forecasts, forced many traders into a destocking phase, further pushing down product prices during this period.

This niacinamide price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Niacinamide Price Trend

Q2 2025:

In Latin America, and particularly in Brazil, niacinamide prices were primarily impacted by rising demand from the food and beverage sector, where fortification of juices and dairy-based drinks gained traction. Imports from Asian suppliers accounted for most of the supply, making costs sensitive to fluctuations in freight rates, shipping availability, and currency depreciation against the US dollar. Domestic distribution challenges, including high inland transport costs and logistics bottlenecks, further influenced final market pricing across major consumer hubs.

Q4 2023:

The analysis of niacinamide prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Niacinamide Price Trend, Market Analysis, and News

IMARC's latest publication, “Niacinamide Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the niacinamide market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of niacinamide at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed niacinamide prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting niacinamide pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Niacinamide Industry Analysis

The global niacinamide market size reached USD 612.50 Million in 2024. By 2033, IMARC Group expects the market to reach USD 926.0 Million, at a projected CAGR of 4.47% during 2025-2033.

• In skincare, niacinamide reinforces skin barrier continuity. The benefit of this is that it shields the skin from environmental stressors, like pollution and ultraviolet (UV) radiation. Niacinamide helps to decrease transepidermal water loss (TEWL) by strengthening the skin barrier, so that the skin stays hydrated. It is especially good for people with dry or sensitive skin who typically see marked improvements in texture and hydration through niacinamide. As an added bonus, niacinamide actually works to reduce hyperpigmentation. This then blocks the melanin transfer to the epidermis, followed by encouraging a clearer complexion. For post-inflammatory hyperpigmentation, such as acne scars, niacinamide has become a popular ingredient in products purported to promote an even skin tone. In 2023, La Roche-Posay added a newcomer to its anti-aging serum profile which is the niacinamide 10 serum.
• Niacinamide itself is an anti-inflammatory and can be beneficial to acne-prone skin. It reduces acne lesions flare up by decreasing inflammation. A boon for those who are worried about acne, this has been reducing both the number and severity of scars. Furthermore, not only is niacinamide targeting active acne, but it also prevents future flare-ups. On top of that, niacinamide also lends a helping hand by normalizing sebum production. This is especially beneficial for those with oily skin since niacinamide can control the oil without drying it. It helps sebum control, giving no chance for greasier looks to happen. This results in it is making it an ingredient of interest in formulations typically for oily skin concerns. Olay unveiled its newest release in August 2023 called the Super Serum, a name coming from the serum formulation with low-pH activated niacinamide for improved skin tone and texture.
• Niacinamide is playing a role in the management of certain skin conditions, such as rosacea and eczema. Its anti-inflammatory and barrier-repairing properties are helpful in reducing redness, irritation, and flare-ups associated with these conditions. By calming the skin and restoring its natural barrier, niacinamide provides relief for those suffering from chronic skin conditions. Apart from topical applications, niacinamide is studied for its potential systemic benefits when taken orally. It is showing promise in supporting cardiovascular health by reducing cholesterol levels and improving endothelial function. Niacinamide is also being investigated for its potential neuroprotective effects, which could be beneficial in preventing cognitive decline and neurodegenerative diseases.
• Niacinamide is used in formulations designed to improve joint health. It is thought to possess anti-inflammatory properties that are beneficial in managing symptoms of arthritis. By reducing inflammation and supporting joint function, niacinamide is contributing to improved mobility and quality of life for individuals with joint issues.

Niacinamide News

The report covers the latest developments, updates, and trends impacting the global niacinamide market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in niacinamide production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the niacinamide price trend.

Latest developments in the niacinamide industry:

• May 2024: LG Household & Healthcare developed a body care range with ingredients like niacinamide, low-molecular with collagen, peptides, and polyhydroxy acids.

Product Description

Niacinamide, also known as nicotinamide, is a form of water-soluble vitamin and an essential nutrient that plays a critical role in cellular metabolism and energy production. It is found naturally in foods such as meat, fish, milk, eggs, green vegetables, and cereals, and it can also be synthesized in the body from tryptophan, an amino acid.

Niacinamide is utilized in various applications due to its versatile properties. It is commonly used in skincare products to address multiple skin concerns, including aging, pigmentation, and inflammation. In the medical field, niacinamide is used as a treatment for pellagra, a condition caused by niacin deficiency, characterized by dermatitis, diarrhea, and dementia. Additionally, niacinamide is being researched for its potential benefits in treating other health conditions, such as osteoarthritis, diabetes, and certain types of cancer.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of niacinamide pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting niacinamide price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The niacinamide price charts ensure our clients remain at the forefront of the industry.