As per the research conducted by GME, the Folic Acid Market will grow with a CAGR value of 6.12 percent by 2026. The folic acid market is relied upon to enlist a solid CAGR during the predicted time frame because of the rise in the addition of vitamin B9 powder in food grains and pulses to increment folic acid food fortification. This has been made mandatory in many developed economies, thus fueling the overall growth in the folic acid market.
Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Folic Acid Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/global-folic-acid-market-3013
By Application (Pharmaceuticals, Nutraceuticals, Food & Beverages and Others), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
· Based on application, the market for nutraceuticals will be growing the fastest due to the increase in demand amongst the core customer demographics categories.
· The folic acid market for the Asia Pacific is likewise expected to observe quick development during the predicted time frame credited to the development of demand for dietary food items and rising mindfulness for healthy food.
· Jiangxi Tianxin Pharmaceutical Co. Ltd., DSM N.V., Zydus Pharmaceuticals Ltd., Medicamen Biotech Ltd., BASF SE, and Emcure Pharmaceuticals Ltd are the top players in the folic acid market.
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Application Outlook (Revenue, USD Billion, 2021-2026)
· Food & Beverages
Regional Outlook (Revenue, USD Billion, 2021-2026)
Rest of Europe
Rest of APAC
Central & South America
Rest of CSA
Middle East & Africa
Rest of MEA
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Category Food & Beverages
Folic Acid Market Insights
Folic acid is a vitamin B9 which is perceived as folate and is a kind of nutrients B. Folic acid is utilized
as a nourishing supplement by ladies to stay away from neural tube imperfections occurring during the
period of pregnancy. Folic acid is also used to cure anemia induced by folic acid deficiency. Folic acid
is a form of permanent supplement that has been linked to a lower risk of heart disease and strokes.
To make up for the deficiency of nutrients in the human body, folic acid is ingested orally or by
injection. Folic acid assumes an indispensable part in upgrading tissue development, cell
advancement, and sound mental health. It assumes a significant part in cell division, which is
important for the creation of genetic material, DNA.
The folic acid market is relied upon to enlist a solid CAGR during the predicted time frame.The demand
for folic acid is continually growing as a result of the fact that many developing economies have
enabled the inclusion of vitamin B9 concentrate in agricultural commodities and staples to increase
folic acid food enrichment.The folic acid market is projected to enroll sound development because of
expanding end-client applications across the globe and the expanding development of the dietary
Developing occurrences of illnesses and diseases combined with the rising mindfulness in regards to
the medical advantages,propels the growth ofthe folic acid market along with developing demand for
dietary supplements and developing the use of folic acid in a wide scope of uses going from food and
beverages to pharmaceuticals.
The utilization of cutting-edge medical advancements or technology for assembling top-notch folic acid
tablets to be utilized as a fundamental supplement during pregnancy is relied upon to affect future
market development positively. Folate utilization assists with limiti