Folic Acid Market is projected to reach 190 Million US$ by 2025

This study focuses on the production side and consumption side of Folic Acid, presents the global Folic Acid market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Folic Acid capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Folic Acid by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Folic Acid, also called vitamin B9, is a type of water-soluble B vitamin that is naturally present in some foods, added to others, and available as a dietary supplement.

The Folic Acid industry concentration is very high; there are several manufacturers in the world, and located in Europe and China.

Shandong Sinobioway is the Niutang players, it takes about 1/4 of the global market production, but for sales revenue, BASF take a market share of around 25% due to its product are only DC grade, which price is far higher than other ones.

In the current folic acid production process, synthetic routes within the industry are basically the same, the difference is mainly reflected in two areas: how to reduce pollution and improve yield. So the prices of different players in China are very closed.

In the applications, animal feeding is a majority ones, it takes around 3/4 of the total sales, but its growth rate can not match up with the food and medical ones.

The key consumption markets locate at Europe, Americas and China. The Europe takes the market share of 32%, followed by North America with 29%, China with 20%.The Folic Acid market was valued at 130 Million US$ in 2017 and is projected to reach 190 Million US$ by 2025, at a CAGR of 4.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Folic Acid.

This report includes the following manufacturers; we can also add the other companies as you want.

DSM

BASF

Xinfa Pharmaceutical

Niutang

Zhejiang Shengda

Changzhou Xinhong

Jiheng Pharmaceutical

Changzhou Kangrui

Jiangxi Tianxin

Market Segment by Product Type

Feed Grade

Food Grade

Pharmaceutical Grade

Market Segment by Application

Animal Feeding

Food and Beverage

Cosmetic, Health Supplements and Medicine


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Market size split by Region

•North America
•Asia-Pacific
•Europe
•Central & South America
•Middle East & Africa

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