Niacinamide Market Size in India | Industry Trends & Growth Insights 2025

Code: MTA9925 Publication Date: Oct 2025

What is the growth rate of the India Niacinamide Market?

According to 6Wresearch internal database and industry insights, India Niacinamide Market is expanding at a CAGR of 8.5% during the forecast period 2025-2031.

The market growth is driven by rising demand for skin care and cosmetic products, increasing use of niacinamide in dietary supplements, growing awareness of health and wellness, expansion of personal care and pharmaceutical industries, and rising adoption of anti-aging and skin-brightening formulations.

Key Growth Drivers of the India Niacinamide Market

  • Increasing demand for skincare and cosmetic products containing niacinamide
  • Rising adoption in dietary supplements and fortified foods
  • Growing awareness of skin health and anti-aging benefits
  • Expansion of personal care, pharmaceutical, and nutraceutical industries
  • Technological advancements in formulation and product delivery
  • Rising e-commerce and retail penetration for personal care products

India Niacinamide Market Trends

India Niacinamide Market is witnessing trends such as incorporation in multi-functional skincare formulations. The preference for natural and safe cosmetic ingredients is increasing. Growing demand for anti-aging, skin-brightening, and acne treatment products is prominent. Companies have invested a lot of effort into making niacinamide that is very pure and easy for the body to use. The rise in popularity of clean beauty and chemical-free products is making them more popular. Additionally, new types of products, like serums, creams, and supplements, are becoming more popular. By collaborating, cosmetic brands and ingredient makers are coming up with new ideas for products.

Emerging Developments in the India Niacinamide Market

India Niacinamide Market is evolving with advancements in sustainable and eco-friendly production technologies. More research and development is going into formulations that are stable, have a high potency, and are bioavailable. Companies are adding new skincare and dietary supplements to their product lines. Niacinamide is becoming more important when combined with other active ingredients to get stronger effects. New packaging solutions are coming out that improve shelf life and the effectiveness of products. More places to buy things, both online and in stores, are making them more available. Additionally, working with dermatologists and beauty experts is helping people trust and use the products.

List of Leading Companies in the India Niacinamide Market

Some of the leading companies include:

  • BASF SE
  • DSM Nutritional Products
  • Evonik Industries AG
  • Merck KGaA
  • Lonza Group AG
  • Cognis India Pvt. Ltd.
  • Shandong Xinhua Pharmaceutical Company

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