Global Folic Acid and Folate
Market Report
2025
The global Folic Acid and Folate Market Size will be USD 1425.2 million in 2024. Increasing knowledge of health advantages is expected to boost sales to USD 2032.291461 million by 2031, with a Compound Annual Growth Rate (CAGR) of 5.20% from 2024 to 2031.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Folic Acid and Folate Market Report 2024.
According to Cognitive Market Research, the global Folic Acid and Folate Market Size will be USD 1425.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.20% from 2024 to 2031.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
---|---|---|---|---|---|---|
Global Market Size | 121212 | 121212 | 121212 | 121212 | 121212 | 121212 |
Country Market Size | 121212 | 121212 | 121212 | 121212 | 121212 | 121212 |
North Americ Market Size | 121212 | 121212 | 121212 | 121212 | 121212 | 121212 |
Europe Market Size | 121212 | 121212 | 121212 | 121212 | 121212 | 121212 |
Asia Pacific Market Size | 121212 | 121212 | 121212 | 121212 | 121212 | 121212 |
South America Market Size | 121212 | 121212 | 121212 | 121212 | 121212 | 121212 |
Middle East and Africa Market Size | 121212 | 121212 | 121212 | 121212 | 121212 | 121212 |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Product Type Outlook: |
|
Market Split by Application Outlook: |
|
Market Split by Distribution Channel Outlook: |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Market Drivers:
| |
Market Restrains:
| |
Market Trends:
|
Report scope is customizable as we have a huge database of Folic Acid and Folate industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Folic Acid and Folate Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The market for folic acid and folate includes goods that supply the B vitamins that are necessary for cell division, DNA synthesis, and general health. While natural folate is found in leafy greens, legumes, and citrus fruits, synthetic folate, or folic acid, is typically found in supplements and fortified foods. Government fortification programs, growing demand for prenatal vitamins, and growing health consciousness are the main factors driving market growth dynamics. Further driving market expansion are the aging population and the frequency of health problems associated with folate deficiency. The market is evolving as a result of innovations in product compositions and delivery techniques that meet the varied demands and preferences of consumers.
The market for folic acid and folate is significantly driven by growing awareness of its health benefits. Customers are more likely to include folic acid and folate in their diets as they become more aware of its advantages, which include lowering homocysteine levels, preventing birth abnormalities, and promoting cardiovascular health. Numerous sources, such as social media, internet resources, and healthcare professionals, are contributing to this increased awareness. Consequently, there is a growing need for folic acid and folate supplements as well as fortified meals, which is propelling industry innovation and market expansion. Campaigns for awareness and education are also very important. For Instance, DSM and Merck Collaborate to Bring Metafolin Folate to Market. DSM collaborated with Merck to market their L-MTHF Metafolin folate, a biologically active version of naturally occurring folate, in the dietary supplement and food industries.
One noteworthy development in the folic acid and folate industry is the rise in functional foods that have folic acid as a primary component. More and more consumers are looking for foods that provide more health advantages than just basic nourishment. Folic acid is being added to a range of goods, including cereals, snacks, and drinks. It is well-known for its ability to prevent neural tube abnormalities and promote general health. Growing health consciousness and the need for quick, nutrient-dense food options are the main drivers of this trend. The market is growing because more folic acid-enriched functional foods are becoming available as manufacturers adapt to consumer preferences.
The market for folic acid and folate may need help due to product labeling and health claims. The marketing of these nutrients is subject to strict rules, which may hinder manufacturers' capacity to adequately convey the advantages. Confusion among consumers and a decline in product trust might result from misleading or ambiguous labeling. Furthermore, certain companies may need help with substantiating health claims because they need scientific data. The introduction of new items and innovation may be impeded by this regulatory framework, which would ultimately impact market expansion. Accurate and unambiguous labeling, along with robust health claims, are crucial for gaining customer trust and growing the market.
The market for folic acid and folate has been affected by the COVID-19 pandemic in many ways. On the one hand, demand for folate-rich pills and foods fortified with folate has surged due to growing awareness of immune-boosting nutrients. Furthermore, there has been a rise in the use of folic acid supplements among pregnant women due to their heightened attention to prenatal health. However, the market has been adversely impacted by decreasing consumer spending, supply chain problems, and economic uncertainty. Additionally, a study discovered that taking extra folic acid is linked to a higher chance of COVID-19 diagnosis and death, which could result in a decline in demand. The pandemic's effects on the market have been intricate and varied overall.
We have various report editions of Folic Acid and Folate Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
The market for folic acid and folate is made up of a wide variety of goods, such as functional beverages, fortified foods, and dietary supplements. Pharmaceutical companies, nutraceutical companies, and food producers are among the key competitors in the competition to meet the increasing demand from consumers for products that improve health. Health trends, regulatory frameworks, and customer preferences for natural and organic products all have an impact on the industry. The market is also changing as a result of new product innovations and technological developments, like gummies and powders. The scene exhibits a dynamic interaction between growing consumer demands, regulatory obstacles, and health consciousness.
Top Companies Market Share in Folic Acid and Folate Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
The market for folic acid and folate is growing in North America due to government programs that support food product fortification and rising health consciousness. The growing popularity of natural and organic products is impacting customer preferences, resulting in a wide variety of folate-rich items available in the North American market.
Consumption is driving considerable growth in the Asia Pacific folic acid and folate market. Growing awareness of the need for folate for fetal development is driving up demand for folate-rich goods in countries like China and India.
The current report Scope analyzes Folic Acid and Folate Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
According to Cognitive Market Research, the global Folic Acid and Folate Market Size was estimated at USD 1425.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 570.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
According to Cognitive Market Research, the global Folic Acid and Folate Market Size was estimated at USD 1425.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 427.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
According to Cognitive Market Research, the global Folic Acid and Folate Market Size was estimated at USD 1425.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 327.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
According to Cognitive Market Research, the global Folic Acid and Folate Market Size was estimated at USD 1425.2 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 71.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
According to Cognitive Market Research, the global Folic Acid and Folate Market Size was estimated at USD 1425.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 28.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
Global Folic Acid and Folate Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Folic Acid and Folate Industry growth. Folic Acid and Folate market has been segmented with the help of its Product Type Outlook:, Application Outlook: Distribution Channel Outlook:, and others. Folic Acid and Folate market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the Folic Acid segment dominates the market. Growing demand for nutritional supplements, especially from pregnant women, and growing health consciousness are the main factors propelling the expansion of the folic acid and folate markets. Due to its critical role in embryonic development, folic acid is highly consumed throughout North America and Asia Pacific. Market expansion is further supported by government programs that support trends in preventive healthcare and food fortification.
Folate is projected to be the fastest-growing segment in the Folic acid and folate market. Growing consumer awareness of the health advantages of folate, especially its function in DNA synthesis and cell division, has a major impact on the growth of the folate segment in the folic acid and folate market. Growing health concerns, particularly among pregnant women, have increased demand for folate-rich goods due to issues like anemia and neural tube abnormalities. The folate market is expanding as a result of innovations in product formulations, such as natural and organic options, as people look for healthier diet options.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Folic Acid and Folate Industry. Request a Free Sample PDF!
According to Cognitive Market Research, The Food and Beverage segment holds the largest market share. The demand for folic acid and folate in the Food and Beverage segment is anticipated to be driven by government initiatives supporting food fortification and the growth of the functional food market. Growing consumer demand for fortified foods and drinks, especially from health-conscious customers, is fuelling the expansion of the Food and drinks segment in the folic acid and folate market
In the Folic acid and folate market, the rapidly growing sector is the animal feeding category. The growing awareness of animal health and nutrition is a major factor driving the growth of the animal feeding segment in the folic acid and folate market. The need for folic acid and folate in animal feed applications is also being further increased by regulatory support for animal nutrition and the expanding trend towards organic and sustainable farming practices.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
According to Cognitive Market Research, the Online Stores segment dominates the market. The growing trend of e-commerce and digital purchasing is driving the expansion of the online store segment in the folic acid and folate market. Online platforms offer a greater range of products and ease, which is something that consumers are increasingly looking for. The COVID-19 pandemic accelerated this trend as more people started buying health supplements online.
Supermarket is projected to be the fastest-growing segment in the Folic acid and folate market. The growing customer demand for health and wellness items is fuelling the rise of the supermarket segment in the folic acid and folate market. Supermarkets are stocking a range of folate-enriched goods due to the growing awareness of the importance of micronutrients and the tendency towards preventive health measures.
Research Analyst at Cognitive Market Research
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product Type Outlook: | Folic Acid, Folate |
Application Outlook: | Pharmaceuticals, Nutraceuticals, Food and Beverages, Animal Feed, Others |
Distribution Channel Outlook: | Online Stores, Supermarkets/Hypermarkets, Specialty Stores, and Others |
List of Competitors | DSM, BASF SE, Parchem Fine & Specialty Chemicals, Jiangxi Tianxin Pharmaceutical Co. Ltd, Medicamen Biotech Ltd, Zydus Pharmaceuticals Ltd, Nantong Changhai Food Additive Co. Ltd, Xinfa Pharmaceutical Co. Ltd, Xinjiang Wujiaqu Xingnong Cycle Chemical Co. Ltd |
This chapter will help you gain GLOBAL Market Analysis of Folic Acid and Folate. Further deep in this chapter, you will be able to review Global Folic Acid and Folate Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Folic Acid and Folate. Further deep in this chapter, you will be able to review North America Folic Acid and Folate Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Folic Acid and Folate. Further deep in this chapter, you will be able to review Europe Folic Acid and Folate Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Folic Acid and Folate. Further deep in this chapter, you will be able to review Asia Pacific Folic Acid and Folate Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Folic Acid and Folate. Further deep in this chapter, you will be able to review South America Folic Acid and Folate Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Folic Acid and Folate. Further deep in this chapter, you will be able to review Middle East and Africa Folic Acid and Folate Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Folic Acid and Folate. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Type Outlook: Analysis 2019 -2031, will provide market size split by Product Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Outlook: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Outlook: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Distribution Channel Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Folic Acid and Folate market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Folic Acid have a significant impact on Folic Acid and Folate market? |
What are the key factors affecting the Folic Acid and Folate of Folic Acid and Folate Market? |
What is the CAGR/Growth Rate of Pharmaceuticals during the forecast period? |
By type, which segment accounted for largest share of the global Folic Acid and Folate Market? |
Which region is expected to dominate the global Folic Acid and Folate Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|