Vitamin B2 Price Trend and Forecast 2026-2027

Vitamin B2 prices in Germany, the highest-cost reporting region, rose 2.8% in Q2 2026 to USD 25,500.00/MT from USD 24,800.00/MT in Q1, extending a sharp reversal from the gradual multi-quarter decline that had characterized this market through most of 2025. US prices rose 3.1% to USD 23,400.00/MT, tracking the same fermentation feedstock-driven firming trend evident across every region tracked in this report. Globally, the average rose from USD 20,674.00/MT in Q1 to USD 21,283.00/MT in Q2, a 2.9% gain, following a jump of 9.8% in Q1 alone as elevated fermentation substrate feedstock costs reversed the earlier softening trend. For H2 2026, a global average of USD 14,000.00-25,900.00/MT is expected, with elevated feedstock costs likely to keep this market firm.

Vitamin B2, also known as riboflavin, is a water-soluble vitamin produced predominantly through industrial fermentation using engineered bacterial or fungal strains that convert sugar substrates into the vitamin through metabolic biosynthesis. It serves as a critical ingredient in animal feed premix formulations, human nutritional supplement products, food fortification programs, and as a natural yellow-orange food colorant in select applications. China dominates global riboflavin production capacity, hosting the majority of fermentation facilities supplying both feed-grade and food-grade material worldwide, making this market's supply availability closely tied to Chinese fermentation plant operating rates and sugar feedstock cost conditions. Fermentation substrate and sugar feedstock costs, animal feed and nutritional supplement demand, and Chinese fermentation production capacity are what drive prices in this market.

Vitamin B2 Price Forecast for 2026

The outlook for Vitamin B2 through H2 2026 stays firm, tracking elevated fermentation substrate and sugar feedstock costs tied to the broader agricultural commodity cost environment. Steady demand from animal feed premix manufacturers and nutritional supplement formulators should continue supporting consumption even as the pace of further gains likely moderates from the sharp Q1 2026 spike that characterized every region covered here.

The main upside risk is a further tightening of sugar feedstock availability or a reduction in Chinese fermentation plant operating rates, which would push production costs higher across every region. The main downside risk is a faster-than-expected normalization of feedstock costs combined with softer animal feed demand, which would ease some of the current price pressure. Regional supply and demand balances continued to evolve as the quarter progressed.

For the Quarter Ending June 2026

Vitamin B2 Prices Q2 2026:

• Germany: USD 25,500.00/MT
• United States: USD 23,400.00/MT
• India: USD 19,050.00/MT
• China: USD 15,850.00/MT

Vitamin B2 Prices in Germany

German Vitamin B2 prices averaged USD 25,500.00/MT in Q2 2026, the highest of any region tracked here, up 2.8% from USD 24,800.00/MT in Q1, as strong demand from European nutritional supplement formulators continued sustaining this market's premium position through the quarter. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

Why did the price of Vitamin B2 change in Q2 2026 in Germany?

Elevated fermentation substrate and sugar feedstock costs continued flowing through to finished riboflavin pricing, while strong demand from German nutritional supplement and food fortification formulators kept this market at the top of the range tracked in this report through the quarter. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed.

Vitamin B2 Prices in United States

US prices averaged USD 23,400.00/MT in Q2 2026, up 3.1% from USD 22,700.00/MT in Q1, as steady demand from animal feed premix manufacturers continued driving gains through the quarter alongside firm fermentation feedstock costs. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed. Buyers and sellers alike watched these developments closely for signs of further movement.

Why did the price of Vitamin B2 change in Q2 2026 in United States?

Steady demand from animal feed premix manufacturers, tied to riboflavin's essential role in livestock and poultry nutrition, kept US buyers active even as fermentation feedstock costs continued moving higher through the quarter. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement.

Vitamin B2 Prices in India

Indian prices averaged USD 19,050.00/MT in Q2 2026, up 3.0% from USD 18,500.00/MT in Q1, as growing demand from India's expanding animal feed manufacturing sector continued supporting this market's upward trajectory through the quarter. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement.

Why did the price of Vitamin B2 change in Q2 2026 in India?

Continued growth in demand from India's expanding animal feed and nutritional supplement manufacturing sector kept buyers competing for available riboflavin supply throughout the quarter, supporting price gains even amid firming feedstock costs. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term. These conditions are expected to remain a key factor shaping pricing in the near term.

Vitamin B2 Prices in China

Chinese prices, the lowest of the four regions, averaged USD 15,850.00/MT in Q2 2026, up 2.9% from USD 15,400.00/MT in Q1, as this market's dominant fermentation production capacity continued keeping it comparatively affordable relative to Western and Indian benchmarks. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

Why did the price of Vitamin B2 change in Q2 2026 in China?

This market's dominant fermentation production capacity, hosting the majority of global riboflavin manufacturing facilities, continued keeping Chinese offers the most competitive of any region tracked here, even as the broader feedstock cost environment pushed prices modestly higher. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed.

For the Quarter Ending March 2026

Vitamin B2 Prices Q1 2026:

• Germany: USD 24,800.00/MT
• United States: USD 22,700.00/MT
• India: USD 18,500.00/MT
• China: USD 15,400.00/MT

Vitamin B2 Prices in Germany

German prices surged 9.7% in Q1 2026 to USD 24,800.00/MT from USD 22,600.00/MT in Q4 2025, as fermentation substrate and sugar feedstock costs spiked following the broader agricultural commodity cost environment. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed.

Why did the price of Vitamin B2 change in Q1 2026 in Germany?

Fermentation substrate and sugar feedstock prices surged sharply as the broader agricultural commodity repricing raised the cost basis across the entire vitamin production value chain, and that pressure flowed directly through to finished riboflavin pricing across German nutritional supplement supply chains. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

Vitamin B2 Prices in United States

US prices surged 9.7% in Q1 2026 to USD 22,700.00/MT from USD 20,700.00/MT in Q4 2025, tracking the broader feedstock cost spike affecting riboflavin fermentation production economics. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement.

Why did the price of Vitamin B2 change in Q1 2026 in United States?

Elevated fermentation substrate and sugar feedstock costs, tied to the broader agricultural commodity cost environment, pushed US production expenses sharply higher, even as steady underlying animal feed premix demand kept this market fundamentally well supported. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed.

Vitamin B2 Prices in India

Indian prices surged 10.1% in Q1 2026 to USD 18,500.00/MT from USD 16,800.00/MT in Q4 2025, tracking the broader Asian fermentation substrate feedstock cost spike. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

Why did the price of Vitamin B2 change in Q1 2026 in India?

Elevated sugar and fermentation substrate prices, following disruptions to broader agricultural commodity markets, increased production costs for riboflavin manufacturers, pushing Indian Vitamin B2 prices higher through the quarter. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement. Buyers and sellers alike watched these developments closely for signs of further movement.

Vitamin B2 Prices in China

Chinese prices surged 10.0% in Q1 2026 to USD 15,400.00/MT from USD 14,000.00/MT in Q4 2025, tracking the global sugar feedstock cost spike even as domestic fermentation production capacity remained substantial. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed.

Why did the price of Vitamin B2 change in Q1 2026 in China?

Rising sugar and fermentation substrate feedstock costs, tied to the broader agricultural commodity cost environment, fed through to Chinese riboflavin pricing even as the country's dominant domestic fermentation production capacity kept the pace of the increase comparatively moderate. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

Quarterly Vitamin B2 Price Trends

Global Vitamin B2 prices eased gradually through most of 2025 as fermentation substrate and sugar feedstock costs moderated, before accelerating sharply in Q1 2026 as rising feedstock costs, tied to the broader agricultural commodity cost environment, pushed prices to their highest levels of the period, a trend that continued into Q2 across every region tracked in this report. Buyers and sellers alike watched these developments closely for signs of further movement.

What was Vitamin B2 Price in 2025?

Vitamin B2 eased across every market covered in this report through 2025, tracking moderating fermentation substrate and sugar feedstock costs, before the broader agricultural commodity cost environment sharply reversed that trend in Q1 2026, pushing feedstock costs, and with them riboflavin fermentation production economics, higher across every region tracked here. These conditions are expected to remain a key factor shaping pricing in the near term.

Vitamin B2 Prices in Germany in 2025

German prices eased from about USD 24,000.00/MT in Q1 2025 to USD 22,600.00/MT by Q4, down roughly 5.8%, before the sharp Q1 2026 reversal that followed as fermentation feedstock costs spiked. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

Vitamin B2 Prices in United States in 2025

US prices eased from about USD 22,000.00/MT in Q1 2025 to USD 20,700.00/MT by Q4, down roughly 5.9%, tracking the broader moderating feedstock cost trend through most of the year before the reversal that followed. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement.

Vitamin B2 Prices in India in 2025

Indian prices eased from about USD 18,000.00/MT in Q1 2025 to USD 16,800.00/MT by Q4, down roughly 6.7%, tracking the broader agricultural feedstock softening before the sharp reversal that followed into 2026. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term. Regional supply and demand balances continued to evolve as the quarter progressed.

Vitamin B2 Prices in China in 2025

Chinese prices eased from about USD 15,000.00/MT in Q1 2025 to USD 14,000.00/MT by Q4, down roughly 6.7%, matching the steepest annual decline of the four regions before fermentation feedstock costs spiked sharply. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed. Buyers and sellers alike watched these developments closely for signs of further movement.

How We Can Help

Expert Market Research: Your Source for Real-Time Vitamin B2 Price Intelligence

Expert Market Research tracks Vitamin B2 prices continuously across every major producing and consuming region, combining fermentation substrate and sugar feedstock cost data, animal feed and nutritional supplement demand signals, and Chinese fermentation production capacity trends into a single, regularly updated view of the market. Our team can help your procurement function benchmark current offers, plan purchases around the sharp reversal covered in this report, and build a defensible view of where this essential fermentation-derived vitamin is headed next. Reach out to our team for a tailored briefing or a deeper look at any of the regional markets covered here.