Riboflavin Market, By Form (Powder and Liquid), By Source (Plant and Animal), By Application (Food and Beverages, Dietary Supplements, Pharmaceutical, Animal Feed, Personal Care, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Feb 2025

Code : CMI5140

Pages :162

Formats :

Excel and PDF

Industry : Food and Beverages

Riboflavin Market Size and Trends

Riboflavin market is estimated to be valued at USD 493.4 Mn in 2025 and is expected to reach USD 787.6 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.9% from 2025 to 2032.

Riboflavin Market Key Factors

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The riboflavin market is expected to witness positive growth over the forecast period. Rising health consciousness among individuals and focus on balanced nutrition and supplements are driving the sales of riboflavin. In addition, increasing expenditure on functional food and beverages incorporated with vitamins and minerals is supporting the market growth. Growing use of riboflavin in animal feed to enhance meat quality is another factor propelling the demand for riboflavin. Furthermore, rising cases of vitamin B2 deficiency across populations is prompting manufacturers to fortify various food products with riboflavin, thus fueling market expansion.