Global Thiamine Market (2025-2031) | Competitive, Segments, Companies, Strategic Insights, Segmentation, Analysis, Share, Consumer Insights, Challenges, Investment Trends, Revenue, Growth, Drivers, Trends, Pricing Analysis, Forecast, Restraints, Size, Industry, Outlook, Opportunities, Supply, Strategy, Demand, Competition, Value

Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Application (Food and Beverages, Animal Feed, Pharmaceuticals, Dietary Supplements, Others) And Competitive Landscape
Product Code: ETC13137922 Publication Date: Apr 2025 Updated Date: Jul 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Bhawna Singh No. of Pages: 190 No. of Figures: 80 No. of Tables: 40

Global Thiamine Market Size & Growth Rate

According to 6Wresearch internal database and industry insights, the Global Thiamine Market was valued at USD 0.9 Billion in 2024 and is expected to reach USD 1.7 Billion by 2031, growing at a compound annual growth rate of 8.80% during the forecast period (2025-2031).

Global Thiamine Market Overview

The Global Thiamine Market is witnessing steady growth driven by the increasing awareness of thiamine`s essential role in maintaining overall health and well-being. Thiamine, also known as Vitamin B1, is crucial for the proper functioning of the nervous system and metabolism. The market is primarily driven by the rising demand for dietary supplements, fortified food products, and animal feed additives. Asia-Pacific region dominates the market due to its large population base and growing healthcare expenditures. The market is also witnessing innovations in thiamine production techniques and applications, leading to a wider range of thiamine-enriched products entering the market. Key players in the Global Thiamine Market include BASF SE, Merck KGaA, and Tianjin Golden World Group, among others. Overall, the Global Thiamine Market is expected to continue its growth trajectory in the coming years.

Global Thiamine Market Trends and Opportunities

The Global Thiamine Market is experiencing steady growth driven by increasing awareness about the importance of thiamine in maintaining overall health and wellness. With rising consumer demand for functional foods and dietary supplements, there is a growing opportunity for manufacturers to develop innovative products fortified with thiamine. Additionally, the prevalence of thiamine deficiencies in certain regions and among specific populations is creating a need for thiamine-enriched products. The market is also witnessing a shift towards natural and organic thiamine sources, as consumers seek clean label and sustainable options. As the focus on preventive healthcare continues to rise, the Global Thiamine Market is projected to expand further, presenting opportunities for market players to cater to the evolving needs of health-conscious consumers.

Global Thiamine Market Challenges

The Global Thiamine Market faces several challenges, including fluctuating raw material prices, growing competition from alternative sources of vitamin B1, and regulatory hurdles related to labeling and health claims. The volatility in raw material prices, particularly for thiamine mononitrate and thiamine hydrochloride, can impact the cost structure for manufacturers and potentially affect profit margins. Additionally, the rise of fortified foods and dietary supplements containing synthetic thiamine or other B vitamins presents a competitive threat to traditional thiamine sources. Moreover, regulatory requirements surrounding the labeling of thiamine products and health claims can create barriers to market entry and hinder product innovation. Navigating these challenges requires market players to stay abreast of industry trends, invest in research and development, and adapt their strategies to meet evolving consumer preferences and regulatory standards.

Global Thiamine Market Drivers

The global thiamine market is primarily driven by the increasing awareness regarding the importance of thiamine in maintaining overall health and well-being, especially in addressing vitamin deficiency disorders such as beriberi and Wernicke-Korsakoff syndrome. Additionally, the rising prevalence of chronic diseases such as diabetes and cardiovascular disorders, which may require thiamine supplementation, is fueling the demand for thiamine products. Moreover, the growing adoption of fortified food and beverages by consumers looking to enhance their nutritional intake is boosting market growth. The pharmaceutical industry`s focus on developing innovative thiamine-based products and supplements to cater to a wider consumer base is also a significant driver for the global thiamine market. Overall, the increasing emphasis on preventive healthcare and wellness trends is expected to continue driving the growth of the thiamine market in the coming years.

Global Thiamine Market Government Policy

Government policies related to the Global Thiamine Market typically involve regulations on thiamine fortification in food products to address micronutrient deficiencies and promote public health. Many countries have established mandatory fortification programs for staple foods like flour, rice, and cereal to ensure adequate thiamine intake among the population. Additionally, governments may set quality standards for thiamine supplements to ensure product safety and efficacy. Some countries also provide subsidies or incentives to promote thiamine production and consumption. Overall, government policies in the Global Thiamine Market aim to improve public health outcomes by addressing thiamine deficiency through fortification programs and regulations on thiamine products.

Global Thiamine Market Future Outlook

The Global Thiamine Market is projected to experience steady growth in the coming years due to the increasing demand for fortified food and beverages, as well as the rising awareness about the importance of thiamine in maintaining overall health and well-being. Factors such as the growing prevalence of thiamine deficiency disorders and the expanding pharmaceutical industry are also expected to drive market growth. Additionally, advancements in production technologies and the introduction of innovative thiamine products are likely to further boost market expansion. However, challenges such as fluctuating raw material prices and regulatory constraints may hinder the market`s growth to some extent. Overall, the Global Thiamine Market is anticipated to witness a positive outlook with opportunities for market players to capitalize on the increasing demand for thiamine across various end-use industries.

Global Thiamine Market Regional Insights

In the global Thiamine market, Asia is anticipated to witness substantial growth due to the rising demand for fortified food products and increasing awareness about the importance of vitamin B1 in maintaining overall health. North America is expected to hold a significant market share owing to the presence of major pharmaceutical and food processing companies focusing on product innovation and development. In Europe, the market is driven by the growing trend of preventive healthcare practices and the increasing adoption of dietary supplements containing thiamine. The Middle East and Africa region is likely to experience steady growth due to the improving healthcare infrastructure and the rising prevalence of thiamine deficiency disorders. In Latin America, the market is projected to expand with the growing consumer inclination towards functional foods and beverages enriched with thiamine for enhanced nutritional benefits.

Key Highlights of the Report:

  • Global Thiamine Market Outlook
  • Market Size of Global Thiamine Market, 2024
  • Forecast of Global Thiamine Market, 2031
  • Historical Data and Forecast of Global Thiamine Revenues & Volume for the Period 2021 - 2031
  • Global Thiamine Market Trend Evolution
  • Global Thiamine Market Drivers and Challenges
  • Global Thiamine Price Trends
  • Global Thiamine Porter's Five Forces
  • Global Thiamine Industry Life Cycle
  • Historical Data and Forecast of Global Thiamine Market Revenues & Volume
  • Historical Data and Forecast of Global Thiamine Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Global Thiamine Market Revenues & Volume By Food and Beverages for the Period 2021 - 2031
  • Historical Data and Forecast of Global Thiamine Market Revenues & Volume By Animal Feed for the Period 2021 - 2031
  • Historical Data and Forecast of Global Thiamine Market Revenues & Volume By Pharmaceuticals for the Period 2021 - 2031
  • Historical Data and Forecast of Global Thiamine Market Revenues & Volume By Dietary Supplements for the Period 2021 - 2031
  • Historical Data and Forecast of Global Thiamine Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of North America Thiamine Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of North America Thiamine Market Revenues & Volume By Food and Beverages for the Period 2021 - 2031
  • Historical Data and Forecast of North America Thiamine Market Revenues & Volume By Animal Feed for the Period 2021 - 2031
  • Historical Data and Forecast of North America Thiamine Market Revenues & Volume By Pharmaceuticals for the Period 2021 - 2031
  • Historical Data and Forecast of North America Thiamine Market Revenues & Volume By Dietary Supplements for the Period 2021 - 2031
  • Historical Data and Forecast of North America Thiamine Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of United States of America Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of North America Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Thiamine Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Thiamine Market Revenues & Volume By Food and Beverages for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Thiamine Market Revenues & Volume By Animal Feed for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Thiamine Market Revenues & Volume By Pharmaceuticals for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Thiamine Market Revenues & Volume By Dietary Supplements for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Thiamine Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Brazil Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Argentina Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of LATAM Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Thiamine Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Thiamine Market Revenues & Volume By Food and Beverages for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Thiamine Market Revenues & Volume By Animal Feed for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Thiamine Market Revenues & Volume By Pharmaceuticals for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Thiamine Market Revenues & Volume By Dietary Supplements for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Thiamine Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of China Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of India Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Japan Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Asia Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Thiamine Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Thiamine Market Revenues & Volume By Food and Beverages for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Thiamine Market Revenues & Volume By Animal Feed for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Thiamine Market Revenues & Volume By Pharmaceuticals for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Thiamine Market Revenues & Volume By Dietary Supplements for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Thiamine Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Egypt Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Thiamine Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Thiamine Market Revenues & Volume By Food and Beverages for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Thiamine Market Revenues & Volume By Animal Feed for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Thiamine Market Revenues & Volume By Pharmaceuticals for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Thiamine Market Revenues & Volume By Dietary Supplements for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Thiamine Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of United Kingdom Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of France Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Germany Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Europe Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Thiamine Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Thiamine Market Revenues & Volume By Food and Beverages for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Thiamine Market Revenues & Volume By Animal Feed for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Thiamine Market Revenues & Volume By Pharmaceuticals for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Thiamine Market Revenues & Volume By Dietary Supplements for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Thiamine Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Saudi Arabia Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of UAE Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Turkey Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Middle East Thiamine Market Revenues & Volume for the Period 2021 - 2031
  • Global Thiamine Market - Key Performance Indicators
  • Global Thiamine Market - Import Export Trade Statistics
  • Global Thiamine Market - Opportunity Assessment By Countries
  • Global Thiamine Market - Opportunity Assessment By Application
  • 0
  • Global Thiamine Market - Top Companies Market Share
  • Global Thiamine Market - Top Companies Profiles
  • Global Thiamine Market - Comparison of Players in Technical and Operating Parameters
  • Global Thiamine Market - Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

The Global Thiamine Market size was valued USD 0.9 Billion in 2024 and is projected to reach USD 1.7 Billion by 2031.
The expected growth rate of the Global Thiamine Market is 8.80% during the forecast period.
6Wresearch actively monitors the Global Thiamine Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Global Thiamine Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Global Thiamine Market

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Global Thiamine Market Overview

3.1 Global Regional Macro Economic Indicators

3.2 Global Thiamine Market Revenues & Volume, 2021 & 2031F

3.3 Global Thiamine Market - Industry Life Cycle

3.4 Global Thiamine Market - Porter's Five Forces

3.5 Global Thiamine Market Revenues & Volume Share, By Regions, 2021 & 2031F

3.6 Global Thiamine Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Global Thiamine Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Global Thiamine Market Trends

6 Global Thiamine Market, 2021 - 2031

6.1 Global Thiamine Market, Revenues & Volume, By Application, 2021 - 2031

6.1.1 Overview & Analysis

6.1.2 Global Thiamine Market, Revenues & Volume, By Food and Beverages, 2021 - 2031

6.1.3 Global Thiamine Market, Revenues & Volume, By Animal Feed, 2021 - 2031

6.1.4 Global Thiamine Market, Revenues & Volume, By Pharmaceuticals, 2021 - 2031

6.1.5 Global Thiamine Market, Revenues & Volume, By Dietary Supplements, 2021 - 2031

6.1.6 Global Thiamine Market, Revenues & Volume, By Others, 2021 - 2031

6.2.1 Overview & Analysis

6.3.1 Overview & Analysis

7 North America Thiamine Market, Overview & Analysis

7.1 North America Thiamine Market Revenues & Volume, 2021 - 2031

7.2 North America Thiamine Market, Revenues & Volume, By Countries, 2021 - 2031

7.2.1 United States (US) Thiamine Market, Revenues & Volume, 2021 - 2031

7.2.2 Canada Thiamine Market, Revenues & Volume, 2021 - 2031

7.2.3 Rest of North America Thiamine Market, Revenues & Volume, 2021 - 2031

7.3 North America Thiamine Market, Revenues & Volume, By Application, 2021 - 2031

8 Latin America (LATAM) Thiamine Market, Overview & Analysis

8.1 Latin America (LATAM) Thiamine Market Revenues & Volume, 2021 - 2031

8.2 Latin America (LATAM) Thiamine Market, Revenues & Volume, By Countries, 2021 - 2031

8.2.1 Brazil Thiamine Market, Revenues & Volume, 2021 - 2031

8.2.2 Mexico Thiamine Market, Revenues & Volume, 2021 - 2031

8.2.3 Argentina Thiamine Market, Revenues & Volume, 2021 - 2031

8.2.4 Rest of LATAM Thiamine Market, Revenues & Volume, 2021 - 2031

8.3 Latin America (LATAM) Thiamine Market, Revenues & Volume, By Application, 2021 - 2031

9 Asia Thiamine Market, Overview & Analysis

9.1 Asia Thiamine Market Revenues & Volume, 2021 - 2031

9.2 Asia Thiamine Market, Revenues & Volume, By Countries, 2021 - 2031

9.2.1 India Thiamine Market, Revenues & Volume, 2021 - 2031

9.2.2 China Thiamine Market, Revenues & Volume, 2021 - 2031

9.2.3 Japan Thiamine Market, Revenues & Volume, 2021 - 2031

9.2.4 Rest of Asia Thiamine Market, Revenues & Volume, 2021 - 2031

9.3 Asia Thiamine Market, Revenues & Volume, By Application, 2021 - 2031

10 Africa Thiamine Market, Overview & Analysis

10.1 Africa Thiamine Market Revenues & Volume, 2021 - 2031

10.2 Africa Thiamine Market, Revenues & Volume, By Countries, 2021 - 2031

10.2.1 South Africa Thiamine Market, Revenues & Volume, 2021 - 2031

10.2.2 Egypt Thiamine Market, Revenues & Volume, 2021 - 2031

10.2.3 Nigeria Thiamine Market, Revenues & Volume, 2021 - 2031

10.2.4 Rest of Africa Thiamine Market, Revenues & Volume, 2021 - 2031

10.3 Africa Thiamine Market, Revenues & Volume, By Application, 2021 - 2031

11 Europe Thiamine Market, Overview & Analysis

11.1 Europe Thiamine Market Revenues & Volume, 2021 - 2031

11.2 Europe Thiamine Market, Revenues & Volume, By Countries, 2021 - 2031

11.2.1 United Kingdom Thiamine Market, Revenues & Volume, 2021 - 2031

11.2.2 Germany Thiamine Market, Revenues & Volume, 2021 - 2031

11.2.3 France Thiamine Market, Revenues & Volume, 2021 - 2031

11.2.4 Rest of Europe Thiamine Market, Revenues & Volume, 2021 - 2031

11.3 Europe Thiamine Market, Revenues & Volume, By Application, 2021 - 2031

12 Middle East Thiamine Market, Overview & Analysis

12.1 Middle East Thiamine Market Revenues & Volume, 2021 - 2031

12.2 Middle East Thiamine Market, Revenues & Volume, By Countries, 2021 - 2031

12.2.1 Saudi Arabia Thiamine Market, Revenues & Volume, 2021 - 2031

12.2.2 UAE Thiamine Market, Revenues & Volume, 2021 - 2031

12.2.3 Turkey Thiamine Market, Revenues & Volume, 2021 - 2031

12.3 Middle East Thiamine Market, Revenues & Volume, By Application, 2021 - 2031

13 Global Thiamine Market Key Performance Indicators

14 Global Thiamine Market - Export/Import By Countries Assessment

15 Global Thiamine Market - Opportunity Assessment

15.1 Global Thiamine Market Opportunity Assessment, By Countries, 2021 & 2031F

15.2 Global Thiamine Market Opportunity Assessment, By Application, 2021 & 2031F

16 Global Thiamine Market - Competitive Landscape

16.1 Global Thiamine Market Revenue Share, By Companies, 2024

16.2 Global Thiamine Market Competitive Benchmarking, By Operating and Technical Parameters

17 Top 10 Company Profiles

18 Recommendations

19 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

To discover high-growth global markets and optimize your business strategy:

Click Here
Pricing
  • Single User License
    $ 4,560
  • Department License
    $ 5,055
  • Site License
    $ 5,595
  • Global License
    $ 6,000
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All
Chat With 6W AI Intelligence