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Thiamine Market Forecast

Report ID: FBI 5592

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Published Date: Aug-2024

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Format : PDF, Excel

Regional Forecast:

North America:

The Thiamine market in North America is driven by the increasing prevalence of thiamine deficiency and related health issues in the region. The United States and Canada are the key contributors to the market growth, with a growing focus on preventive healthcare and dietary supplements. The demand for thiamine-rich food products and fortified beverages is also boosting the market in North America.

Asia Pacific:

Thiamine Market

Largest Region

Asia Pacific

35% Market Share in 2023

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In Asia Pacific, countries like China, Japan, and South Korea are witnessing a rise in thiamine consumption due to changing dietary habits and an increase in the geriatric population. The market in this region is further propelled by the growing awareness about the health benefits of thiamine and its role in preventing chronic diseases. Manufacturers are also expanding their product portfolios to target the diverse consumer base in Asia Pacific.

Europe:

The Thiamine market in Europe, particularly in the United Kingdom, Germany, and France, is driven by the rising demand for nutritional supplements and fortified food products. The prevalence of thiamine deficiency in certain populations is also contributing to the market growth in these countries. Additionally, government initiatives promoting healthy eating habits and the importance of vitamins and minerals are further supporting the growth of the thiamine market in Europe.

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Thiamine Market Size & Share, By Product Type (Thi...

RD Code : 24