Vegemite is a thick, very dark brown spread made from leftover brewers’ yeast and various vegetable and spice additives. Its fair to say most kids in Australia grow up with a healthy appetite for Vegemite which is also a good source of Vitamin C. Vegemite is best enjoyed as a spread on sandwiches, crackers and toast. Over the years, variations of vegemite include vegemite cheesybites and vegemite flavoured chocolate.