Nicotinamide Price Trend and Forecast 2026-2027

Market Overview

Oddly quiet, that's Nicotinamide for most of the past year, and the numbers back that up. India led on price through the first half of 2026 (H1 2026), though only just, rising by 1.4% to a value of USD 5.15/KG from USD 5.08/KG in Q1. The steady pharmaceutical, nutraceutical, and food-fortification demand kept things firm there. The comfortable inventories everywhere else kept the broader market from moving much at all. Globally the average went from a value of USD 4.589/KG to USD 4.659/KG, a gain of 1.5 percent. Expect a range of USD 4.65-5.10/KG for the second half of 2026 (H2 2026). The skincare and dietary supplement demand provide the main support here.

Nicotinamide, also called niacinamide, is the Vitamin B3 in its water-soluble form, made either through the amidation of nicotinic acid or nicotinonitrile, or via microbial fermentation for the high-purity grades that the nutraceutical manufacturers tend to prefer. Biologically it's a precursor to the nicotinamide adenine dinucleotide, a coenzyme central to the cellular energy production and DNA repair. Unlike the niacin, it doesn't cause flushing, a big part of why the supplement makers favour it. The dietary supplement and pharmaceutical use pulls the largest share, treating and preventing the niacin deficiency conditions like pellagra. The skincare formulation is the second major category. The compound reduces the inflammation and improves the skin barrier function. The food fortification and animal feed additive use fill out the smaller rest. The nicotinic acid and ammonia feedstock costs anchor the price. The fermentation or synthesis capacity utilisation and the seasonal demand patterns shape the rest.

Nicotinamide Price Forecast for 2026

Modestly firmer than what came before, that's the setup for the second half of 2026 (H2 2026), following a year 2025 that was, frankly, uneventful. The skincare and dietary supplement formulators kept procuring at a steady pace through the H1. The comfortable inventories across major producing regions kept any sharp price movements from developing at all. The feedstock costs held largely stable. Really why the production floor has only edged up rather than jumped significantly.

A nicotinic acid feedstock cost spike, or a disruption at a major synthesis facility, could push the prices above the range. A softer skincare and supplement demand, or a renewed destocking, would work the other way around.

For the Quarter Ending June 2026

Nicotinamide Prices Q2 2026:

• United States: USD 4.62/KG
• China: USD 4.22/KG
• Germany: USD 4.85/KG
• India: USD 5.15/KG

Nicotinamide Prices in the United States

The US prices rose by 1.5% to a value of USD 4.62/KG, a small move overall. The conservative production paces at the North American facilities kept any oversupply from developing. The steady dietary supplement demand did the rest of it.

Why did the price of Nicotinamide change in Q2 2026 in the United States?

Conservative production paces at major North American facilities kept the market from tipping into oversupply. Steady dietary supplement and skincare formulation demand supported buying throughout. Tariff structures on pharmaceutical raw materials added a small amount of further pressure.

Nicotinamide Prices in China

China stayed the cheapest tracked market, up by 1.7% to a value of USD 4.22/KG. The domestic supply remained comfortable all through the quarter. A modest export demand provided whatever small lift there was.

Why did the price of Nicotinamide change in Q2 2026 in China?

Comfortable domestic inventories limited how much prices could recover in either direction. Modest export demand from nutraceutical formulators added mild support. Large domestic synthesis capacity kept China the most affordable market despite the increase.

Nicotinamide Prices in Germany

Germany rose by 1.5% to a value of USD 4.85/KG. The import-linked feedstock costs firmed a touch further. The steady skincare and pharmaceutical demand supported the modest increase.

Why did the price of Nicotinamide change in Q2 2026 in Germany?

Import-linked nicotinic acid feedstock costs firmed modestly through the quarter. Steady skincare and pharmaceutical formulation demand kept procurement consistent. USD 4.85/KG is where the quarter landed.

Nicotinamide Prices in India

India topped the tracked markets at a value of USD 5.15/KG, up by 1.4%. The steady pharmaceutical and food-fortification procurement kept the demand at the top of the range. Nothing unusual about the pattern itself here.

Why did the price of Nicotinamide change in Q2 2026 in India?

Steady pharmaceutical, nutraceutical, and food-fortification procurement sustained firm demand. Domestic feedstock costs firmed slightly on top of that. Competitive pricing across the broader Asian market kept the overall increase measured.

For the Quarter Ending March 2026

Nicotinamide Prices Q1 2026:

• United States: USD 4.55/KG
• China: USD 4.15/KG
• Germany: USD 4.78/KG
• India: USD 5.08/KG

Nicotinamide Prices in the United States

The US prices edged up by 1.1% to a value of USD 4.55/KG in Q1. The steady logistics with no major disruptions kept the deliveries consistent. About as unremarkable a quarter as this market has ever had.

Why did the price of Nicotinamide change in Q1 2026 in the United States?

Steady logistics with no major disruptions kept deliveries running on schedule. Tariff structures on pharmaceutical raw materials pressured margins slightly. USD 4.55/KG is where the quarter settled.

Nicotinamide Prices in China

China's Q1 average rose by 1.2% to a value of USD 4.15/KG. The muted downstream demand and the steady operating rates kept the market largely range-bound. Consistent with the broader pattern seen this year.

Why did the price of Nicotinamide change in Q1 2026 in China?

Muted downstream demand from pharmaceutical and food-fortification sectors limited how far prices could move. Adequate inventories and stable operating rates kept the market largely range-bound. Market advanced modestly to USD 4.15/KG.

Nicotinamide Prices in Germany

Germany rose by 1.3% to a value of USD 4.78/KG in Q1, supported by the steady skincare and pharmaceutical demand. A small but consistent move that set up the continued firming into the Q2.

Why did the price of Nicotinamide change in Q1 2026 in Germany?

Steady skincare and pharmaceutical demand kept buying consistent through the quarter. Import-linked feedstock costs firmed slightly on top of that. USD 4.78/KG is where things landed.

Nicotinamide Prices in India

India rose by 1.0% to a value of USD 5.08/KG in Q1. Steady formulation demand. Competitive pricing across the broader Asian market. Both kept the increase small and measured, the theme for this market all through the year really.

Why did the price of Nicotinamide change in Q1 2026 in India?

Steady pharmaceutical and nutraceutical formulation demand supported consistent buying. Competitive pricing across the broader Asian market kept the increase measured. Market advanced to USD 5.08/KG.

Quarterly Nicotinamide Price Trends

About as range-bound as a market can get. Nicotinamide eased slightly across three straight quarters in the middle of the year 2025 on a muted downstream demand, then recovered gently through the H1 2026. From a value of USD 4.610/KG in Q1 2025 to USD 4.659/KG by Q2 2026, essentially flat over the full window at a net gain of 1.1 percent. The seasonal demand patterns and the steady operating rates across the major producing regions explain the narrow-range behaviour.

What was Nicotinamide Price in 2025?

A quiet year, that's the year 2025 for Nicotinamide, well-supplied and range-bound throughout. The global average opened at a value of USD 4.610/KG in Q1, eased to USD 4.537/KG by Q4, a modest decline of 1.6 percent over the year. The muted downstream demand from the pharmaceutical and food-fortification sectors, with the comfortable inventories across the major producing regions alongside, kept the market from moving much in either direction.

Nicotinamide Prices in the United States in 2025

The US prices held broadly stable, from a value of USD 4.40/KG to USD 4.50/KG, a modest gain of 2.3 percent. The conservative production paces avoided any oversupply throughout the year.

Nicotinamide Prices in China in 2025

China eased from a value of USD 4.35/KG to USD 4.10/KG, down by 5.7 percent, the largest move of any tracked region, though still a fairly gentle one overall. The muted domestic consumption, along with the limited export activity, explain the softening.

Nicotinamide Prices in Germany in 2025

The German prices firmed from a value of USD 4.60/KG to USD 4.72/KG, a gain of 2.6 percent. The steady skincare and pharmaceutical demand drove the modest year-long increase.

Nicotinamide Prices in India in 2025

India eased slightly, from a value of USD 5.15/KG to USD 5.03/KG, a dip of 2.3 percent. The measured trading sentiment, along with the competitive pricing, kept the market range-bound throughout the year.

How We Can Help

Expert Market Research: Your Source for Real-Time Nicotinamide Price Intelligence

Expert Market Research tracks the Nicotinamide prices continuously, across every major producing and consuming region. The team traces the causation through the nicotinic acid feedstock economics, the synthesis and fermentation capacity utilisation, and the shifting skincare, supplement, and food-fortification demand. Contact Expert Market Research today for the Nicotinamide pricing data, a bespoke market analysis, and a strategic procurement advisory.