Press release
Folic Acid Market Growth Accelerates: USD 993.53 Million Forecast by 2034 at 4.7% CAGR
๐ ๐จ๐ฅ๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ:Folic Acid-Market Insights, Size Revenue, Outlook, Overview, and Analysis. The folic acid market was estimated to be worth USD 630.90 million in 2024 and is predicted to expand to USD 993.53 million by 2034, with a CAGR of 4.7% from 2025 to 2034.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
This comprehensive study provides an accurate overview of the worldwide folic acid market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by form type, source type, application, and region in the study, which offers a comprehensive picture of the state of the market.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/folic-acid-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Folic acid is the artificial version of folate, a water-soluble B-vitamin (B9) vital for DNA creation, cell division, and optimal brain performance. It is essential for the formation of red blood cells and aids in preventing neural tube defects during pregnancy. Folic acid is typically present in fortified foods and supplements, whereas natural folate can be found in foods such as leafy greens, legumes, and citrus fruits.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
โ A significant trend in the folic acid market is the rising demand for prenatal and maternal health supplements, which is fueled by folic acid's essential function of lowering the risk of neural tube defects in infants.
โ The market for functional foods and nutraceuticals featuring folic acid has experienced significant expansion driven by an increased consumer emphasis on preventive health and nutrition.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/folic-acid-market/inquire-before-buying
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
As the market expands, competition is expected to increase with the involvement of numerous businesses. Here are the top companies in the market:
โข BASF SE
โข DSM Nutritional Products
โข Merck KGaA
โข Lonza Group
โข Zydus Cadila
โข Medicamen Biotech Ltd.
โข Jiangxi Tianxin Pharmaceutical Co. Ltd.
โข Hebei Jiheng Group Pharmaceutical Co. Ltd.
โข Xinfa Pharmaceutical Co. Ltd.
โข Now Foods
โข GNC Holdings, Inc.
โข Amway Corporation
โข Seppic SA (subsidiary of Air Liquide)
โข Kirkman Group, Inc.
๐ ๐จ๐ฅ๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข By form type, the tablets segment holds the largest folic acid market share due to their widespread use and convenience, particularly in the pharmaceutical and nutraceutical sectors. However, the soft gels segment is registering the highest growth rate, driven by consumer preference for easy-to-swallow, high-quality supplements.
โข The plants segment, by source type, is gaining traction due to the increasing demand for natural, sustainable, and non-GMO products, making it the fastest-growing source type. However, the animals segment remains a dominant segment, particularly in pharmaceutical applications.
โข In terms of application, the pharmaceutical segment dominates the market, driven by the widespread use in prenatal vitamins and other health supplements. The nutraceutical sector is experiencing the highest growth rate as consumers increasingly seek preventive health solutions through fortified foods and dietary supplements.
โข North America dominates the folic acid market revenue share, owing to stringent fortification regulations and high health awareness. However, Asia Pacific is witnessing the highest growth due to expanding healthcare infrastructure, rising health consciousness, and increasing demand for dietary supplements.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/folic-acid-market
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional analysis, North America had the largest share of the market revenue, mainly because of extensive regulatory requirements for folic acid fortification and a significant emphasis on public health programs. Also, Asia Pacific is witnessing rapid growth because of growing awareness of dietary inadequacies and developing healthcare systems.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
Folic Acid Market, Form Type Outlook (Revenue - USD Million, 2020-2034)
โข Tablets
โข Soft Gels
โข Lozenges
โข Others
Folic Acid Market, Applications Outlook (Revenue - USD Million, 2020-2034)
โข Food & Beverages
โข Pharmaceutical
โข Nutraceuticals
โข Others
Folic Acid Market, Source Type Outlook (Revenue - USD Million, 2020-2034)
โข Plants
โข Animals
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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https://www.polarismarketresearch.com/industry-analysis/n-butanol-market
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https://www.polarismarketresearch.com/industry-analysis/sic-fibers-market
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https://www.polarismarketresearch.com/industry-analysis/polycarbonate-sheet-market
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https://www.polarismarketresearch.com/industry-analysis/industrial-enzymes-market
Proppants Market:
https://www.polarismarketresearch.com/industry-analysis/proppants-market
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
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Email: sales@polarismarketresearch.com
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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