PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1788371
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1788371
Global Thiamine Market to Reach US$487.6 Million by 2030
The global market for Thiamine estimated at US$245.1 Million in the year 2024, is expected to reach US$487.6 Million by 2030, growing at a CAGR of 12.1% over the analysis period 2024-2030. Food & Beverages, one of the segments analyzed in the report, is expected to record a 10.8% CAGR and reach US$156.5 Million by the end of the analysis period. Growth in the Animal Feed segment is estimated at 10.3% CAGR over the analysis period.
The U.S. Market is Estimated at US$66.8 Million While China is Forecast to Grow at 16.1% CAGR
The Thiamine market in the U.S. is estimated at US$66.8 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$100.9 Million by the year 2030 trailing a CAGR of 16.1% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 9.0% and 10.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9.6% CAGR.
Thiamine Market Trends & Drivers Summarized
How Is the Thiamine Market Expanding in Nutrition and Pharmaceutical Applications?
Thiamine (Vitamin B1) plays a crucial role in human metabolism, nerve function, and energy production, making it a vital ingredient in dietary supplements, fortified foods, and pharmaceutical formulations. The rising prevalence of vitamin deficiencies, increasing awareness of preventive healthcare, and the expansion of functional foods are driving the demand for thiamine-enriched products. Additionally, thiamine’s application in treating neurological disorders, beriberi, and Wernicke-Korsakoff syndrome is further expanding its pharmaceutical use. However, supply chain disruptions, fluctuating raw material costs, and stringent regulatory standards pose challenges for market growth. As consumer demand for personalized nutrition increases, how will thiamine supplementation evolve to meet diverse dietary needs?
What Technological Innovations Are Advancing Thiamine Production?
Advancements in biotechnology are improving thiamine synthesis and bioavailability. Encapsulation technologies are enhancing nutrient stability, ensuring prolonged shelf life in functional foods and supplements. AI-driven nutrient profiling is enabling personalized supplementation, optimizing thiamine intake based on individual metabolic needs. Additionally, sustainable fermentation processes are reducing production costs and environmental impact, supporting large-scale thiamine manufacturing.
Why Is the Demand for Thiamine Increasing?
The growing prevalence of vitamin deficiencies, rising interest in energy-boosting supplements, and increasing consumption of fortified foods are driving demand for thiamine. The aging population and increasing awareness of cognitive health are further fueling its adoption in neuroprotective formulations. Additionally, the expansion of vegan and plant-based diets is contributing to thiamine fortification in alternative food products.
What Factors Are Driving the Growth of the Thiamine Market?
The market is expanding due to advancements in vitamin formulation technologies, increasing investments in nutritional research, growing demand for functional foods, and rising consumer preference for preventive healthcare. As personalized nutrition gains traction, thiamine supplementation is expected to play a key role in supporting metabolic and neurological health.
SCOPE OF STUDY:
The report analyzes the Thiamine market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
End-Use (Food & Beverages, Animal Feed, Pharmaceuticals, Dietary Supplements, Others)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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