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Folic Acid Market To 2024

04-15-2020 10:48 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ameri Research Inc.

Folic Acid Market

Folic Acid Market

Folic Acid Market To 2024: In-Depth Market View, Key Product Categories & Technologies, Product Pipeline, Top Players & Company Share, Competitive Dynamics, End Market Mix, Technology Outlook, Growth Drivers & Restraints, Major Trends And Issues, Commercial & M&A Insights, Segment Forecast, Key Conclusions & Sector Outlook

Global Folic Acid Market was valued at $430 Million in 2015 and is estimated to grow at a CAGR of over 4.2% from 2016 to 2024.

Increasing vitamin B9 consumption in pharmaceuticals and food & beverages along with growing awareness among consumers is anticipated to bolster folic acid demand over the forecast period.

Folic acid is a synthetic folate compound utilized in vitamin supplements and fortified food owing to its excellent stability. The European Food Safety Authority (EFSA) has listed the benefits regarding dietary consumption of folate such as normal cell division, better amino acid synthesis and proper blood formulation.

Upgraded medical technologies have enabled the production of high-quality folic acid tables that are recommended for intake during pregnancy. Population outburst coupled with improved healthcare facilities in developing region of Asia Pacific and Latin America is a key factor driving market growth.

The possible benefits to be drawn from vitamin B9 ranges from producing nucleic acids, increased cell growth in infants to control blood levels of the amino acid homocysteine. Addition of folic acid in food grains is obligatory in developed countries such as the U.S., UK and Australia. This factor is projected to trigger folic acid demand significantly over the forecast period.

Click the link below to view the report description:
www.ameriresearch.com/product/folic-acid-market/

Key findings from the study: -
o Global Folic Acid Market was valued at $430 Million in 2015 and is estimated to grow at a CAGR of over 4.2% from 2016 to 2024.
o Asia Pacific emerged as the fastest growing regional market, growing at an estimated CAGR of 4.4% from 2016 to 2024.
o Some of the key players operating in global folic acid market arena include BASF SE, DSM N.V., Emcure Pharmaceuticals Ltd., Hebei Jiheng Group Pharmacy, Medicamen Biotech Ltd., and Zydus Pharmaceuticals Ltd. Other market participants include Jiangxi Tianxin Pharmaceutical Co. Ltd., Changzhou Niutang Chemical Plant Co. Ltd., Shangdong Xinfa Pharmaeutical Co. Ltd.

Ameri Research has segmented the Folic Acid Market by material categories, product type, end-use and region:

Browse Full Report @ www.ameriresearch.com/product/folic-acid-market/

Contact Us:
Ameri Research Inc.
Tel: 1-813-666-0858
Email: nibedita@ameriresearch.com
Web: www.ameriresearch.com

About Us:
Ameri Research Inc. (www.ameriresearch.com) is a U.S. based market research and consulting company, registered in the State of Florida and headquartered in Tampa Bay Area. At Ameri Research we are passionately curious about people, markets, brands and society. Our ability to gauge market movements, deep expertise in data science, strong domain expertise and years of collective global experiences helps us to bring unmatched quality in deliverables to our clients. With carefully planned systems and processes in place, we cater to the requirements of our clients in a timely and cost-efficient manner, bringing increased predictability to their business. Each year we are publishing more than 100 syndicated reports in healthcare, chemicals, materials, food & beverages, defense & aerospace, media & entertainment, sports & fitness, and energy. We offer our clients a unique depth of knowledge and expertise around-

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