Press release
Top Factor Driving Thiamine Market Growth in 2025: Impact Of Increasing Demand For Dietary Supplements On The Thiamine Market
What industry-specific factors are fueling the growth of the thiamine market?The growing demand for dietary supplemen*ts is expected to boost the thiamine market. dietary supplemen*ts, which help people meet their nutritional needs, are in greater demand due to increasing health consciousness, preventive healthcare trends, and a focus on immune system support. Thiamine is a key nutrient in these supplements, supporting vital functions such as energy production, heart health, and metabolism. According to Nutrition Integrated in January 2024, the availability of clear protein powders in Europe grew by 159% since 2022, with UK sales rising by 216% in 2023. This increase in demand for supplements is driving the thiamine market.
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What Is the projected market size and growth rate for the thiamine market?
The thiamine market has grown rapidly in recent years. It will increase from $1.37 billion in 2024 to $1.51 billion in 2025, at a CAGR of 10.4%. Growth is driven by expanded fortification programs, the rise of functional foods, increased demand for natural and organic sources, and greater efforts in food fortification.
The thiamine market is expected to grow to $2.21 billion by 2029 at a CAGR of 10.0%. The growth is due to increased health awareness, aging population, chronic diseases, preference for natural products, and lifestyle-related disorders. Trends include technological advancements, R&D, integration with telemedicine, therapeutic applications research, and personalized nutrition approaches.
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What new trends are reshaping the thiamine market and its opportunities?
Companies in the thiamine market are focusing on innovative products such as vitamin B1 deficiency infusions to strengthen their market position. A vitamin B1 deficiency infusion delivers thiamine directly into the bloodstream via intravenous (IV) delivery for patients with oral absorption challenges. For example, in June 2023, Lupin Limited, an India-based pharmaceutical company, introduced thiamine hydrochloride injection (USP) in multiple-dose vials. This injectable solution provides a reliable method for managing vitamin B1 levels in patients with gastrointestinal disorders or severe deficiencies, ensuring more effective treatment.
What major market segments define the scope and growth of the thiamine market?
The thiamine market covered in this report is segmented -
1) By Product Type: Thiamine Mononitrate, Thiamine Hydrochloride, Thiamine Pyrophosphate
2) By Form: Tablets And Capsules, Liquid, Powder
3) By Application: Food And Beverages, Pharmaceuticals, Animal Feed, dietary supplemen*ts, Other Applications
Subsegmennts:
1) By Thiamine Mononitrate: Powder, Granules, Tablets
2) By Thiamine Hydrochloride: Powder, Injectable Form, Tablets
3) By Thiamine Pyrophosphate: Powder, Injectable Form
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Which regions are key players in the growth of the thiamine market?
Asia-Pacific was the largest region in the thiamine market in 2024. The regions covered in the thiamine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the thiamine industry growth?
Major companies operating in the thiamine market are BASF SE, Koninklijke DSM N.V., The Nature's Bounty Co. Ltd., Zhejiang Medicine Co. Ltd., Swanson Health Products Inc., Brother Enterprises Holding Co. Ltd., NOW Health Group Inc., Molekula Group, Nutricost LLC, Solgar Inc., Tokyo Chemical Industry Co. Ltd., HPC Standards GmbH, Puritan's Pride Inc., Loba Chemie Pvt. Ltd., Aland Nutraceuticals Group, Anhui Tiger Biotech Co. Ltd., Caisson Laboratories Inc., Chemizo Enterprise, General Nutrition Centers Inc., Huazhong Pharmaceutical Co. Ltd.
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What Is Covered In The Thiamine Global Market Report?
•Market Size Forecast: Examine the thiamine market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the thiamine market for a structured understanding.
•Key Players Overview: Analyze major players in the thiamine market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the thiamine market.
•Segment Contributions: Evaluate how different segments drive overall growth in the thiamine market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the thiamine market.
•Industry Challenges: Identify potential risks and obstacles affecting the thiamine market.
•Competitive Landscape: Review strategic developments in the thiamine market, including expansions, agreements, and new product launches.
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