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    Home > Research Reports > Folic Acid Market Size, Growth, Revenue Share Analysis, Company Profiles and Forecast To 2027 | Reports And Data
    Research Reports

    Folic Acid Market Size, Growth, Revenue Share Analysis, Company Profiles and Forecast To 2027 | Reports And Data

    Folic Acid Market Size, Growth, Revenue Share Analysis, Company Profiles and Forecast To 2027 | Reports And Data

    Published by news degree

    Posted on August 4, 2021

    Featured image for article about Research Reports

    The Global Folic Acid market is forecast to reach USD 1.07 Billion by 2027, according to a new report by Reports and Data. Folic acid may be referred to as the synthetic form of vitamin B9. It is also known as pteroylmonoglutamic acid. The rising awareness about the health impact due to the deficiency of this vitamin like anemia, mouth ulcer, among others, is supporting the market growth. Increasing awareness about women health and care during pregnancy is also fostering sector growth. The consumption of this acid in the required amount prior and at the time of pregnancy helps in preventing neural tube defects along with spinal bifida. Its intake in high doses prior and at the time of the first trimester reduces the risk of miscarriages. Apart from its use in the healthcare sector, it is also used in processed food products and supplements. Its supplements can be used for treating the deficiency of folate, and it is also helpful in treating leg ulcers and certain menstrual issues. Thus, increasing demand for dietary supplements and the continuous expansion of the pharmaceutical sector are propelling the market growth. Continuous focus on R&D activities in regards to the positive impact of consumption of this vitamin is also fostering the industry growth. As an instance, according to a study conducted in 2017, it has been stated that the consumption of this vitamin in the recommended amount can help in minimizing the risk of pesticide-related autism among children. Such findings also positively impact the sector’s growth.

    In regards to region, North America can be seen to hold a considerable share of the market. The market share held by the region is attributed to high awareness about the adverse impact of deficiency of this vitamin and associated high demand for nutritional supplements, supporting the expansion of the market in this region.

    To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2622

    Key participants include Zydus Pharmaceuticals Ltd., BASF SE, Jiangxi Tianxin Pharmaceutical Co. Ltd., Medicamen Biotech Ltd., Emcure Pharmaceuticals Ltd, DSM N.V, Shandong Xinfa Pharmaceutical Co., Ltd., Changzhou Kangrui., Niutang, Jiheng Pharmaceutical and Xinjiang Wujiaqu Xingnong Cycle Chemical Co. Ltd.

    For the purpose of this report, Reports and Data have segmented the global Folic Acid market according to Grade, Form, Application, and Region:

    Grade Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)

    • Pharmaceutical Grade
    • Food Grade
    • Others

    Form Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)

    • Soft Gels
    • Lozenges
    • Tablets
    • Others

    Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)

    • Food & beverages
    • Pharmaceutical
    • Nutraceutical
    • Others

    Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)

    • North America
      • U.S
    • Europe
      • U.K
      • France
    • Asia Pacific
      • China
      • India
      • Japan
    • MEA
    • Latin America
      • Brazil

    Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2622

    Further key findings from the report suggest

    • The Folic Acid market held a market share of USD 750.9 Million in the year 2018 that is forecasted to grow at a rate of 4.0% during the forecast period.
    • In context to Grade, the Food Grade segment is projected to witness a significant growth rate of 4.3% during the forecast period, which is expected to hold 37.0% of the market by 2027. The growth rate witnessed by the Food Grade segment is attributed to the continuous growth of the food & beverage industry, rising awareness about the nutritional importance of Vitamin B9 and rising demand for cereal-based foods, wherein this vitamin in food grade is used for food fortification of meal replacements and cereal-based foods.
    • In context to Form, the Tablets segment held the largest market share of more than 30.0% in 2018, with a CAGR of 4.3% during the forecast period. Easy availability of this vitamin in tablet form, wherein a wide product range is available for over the counter folic acid tablets, and the fact that this vitamin is commonly prescribed in tablet form for adults in the healthcare sector contributes to the market share held by this segment.
    • In regards to Application, the Pharmaceutical segment occupied the largest market share of more than 40.0% in 2018, with a CAGR of 4.1% during the forecast period. The market dominance of the Pharmaceutical segment is attributed to the high demand for this vitamin in treating the deficiency of folate and rising awareness about women’s health during pregnancy in the healthcare sector, which results in elevated application of the vitamin in this segment.
    • In regards to the region, Europe held 19.0% of the market in 2018, with a CAGR of 4.2% during the forecast period. The market share held by the region is attributed to the expanding healthcare and pharmaceutical industry in this region, which is supporting the expansion of the sector in this region.

    Key insights presented in the report:

    • Market revenue shares by major business players, by type, application, and market scope of global Folic Acid market
    • Sales revenue by key players and new entrants
    • Competitive analysis of key players, including company overview, product or services specification, vendors, and buyers.
    • Recent mergers, acquisitions, product launches, recent investments, and joint ventures
    • Regional analysis to provide insight into recent trends and opportunities.

    To know more about the report @ https://www.reportsanddata.com/report-detail/folic-acid-market

    Thank you for reading our report. To know more about the customization feature, please get in touch with us and our team will ensure the report is customized to meet your requirements.

    Explore Reports and Data’s Prime Analysis of the global FMCG :

    1. Active Cosmetic Ingredients Market Size, Share & Share By Product Type and By Region, Forecast to 2027
    2. Flavors & Fragrances Market Size, Trends & Analysis, By Type And Regional Forecast Over 2017-2026
    3. Aroma Ingredients Market Size, Share & Analysis, By Type, By Application and Regional Forecast over 2017-2026
    4. Anti-aging cosmetics Market Size, Share & Analysis, By Product Type, By Application, By Region, Forecast To 2027
    5. Facial Mask Market Size, Trends & Analysis, By Type, By Application, By Region, Forecasts To 2027

    About Reports and Data

    Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

    Contact Us:

    John W

    Head of Business Development

    Reports and Data | Web: www.reportsanddata.com

    Direct Line: +1-212-710-1370

    E-mail: [email protected]

    Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

    Read Full Press Release: https://www.reportsanddata.com/press-release/global-folic-acid-market

    The post Folic Acid Market Size, Growth, Revenue Share Analysis, Company Profiles and Forecast To 2027 | Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.

    The Global Folic Acid market is forecast to reach USD 1.07 Billion by 2027, according to a new report by Reports and Data. Folic acid may be referred to as the synthetic form of vitamin B9. It is also known as pteroylmonoglutamic acid. The rising awareness about the health impact due to the deficiency of this vitamin like anemia, mouth ulcer, among others, is supporting the market growth. Increasing awareness about women health and care during pregnancy is also fostering sector growth. The consumption of this acid in the required amount prior and at the time of pregnancy helps in preventing neural tube defects along with spinal bifida. Its intake in high doses prior and at the time of the first trimester reduces the risk of miscarriages. Apart from its use in the healthcare sector, it is also used in processed food products and supplements. Its supplements can be used for treating the deficiency of folate, and it is also helpful in treating leg ulcers and certain menstrual issues. Thus, increasing demand for dietary supplements and the continuous expansion of the pharmaceutical sector are propelling the market growth. Continuous focus on R&D activities in regards to the positive impact of consumption of this vitamin is also fostering the industry growth. As an instance, according to a study conducted in 2017, it has been stated that the consumption of this vitamin in the recommended amount can help in minimizing the risk of pesticide-related autism among children. Such findings also positively impact the sector’s growth.

    In regards to region, North America can be seen to hold a considerable share of the market. The market share held by the region is attributed to high awareness about the adverse impact of deficiency of this vitamin and associated high demand for nutritional supplements, supporting the expansion of the market in this region.

    To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2622

    Key participants include Zydus Pharmaceuticals Ltd., BASF SE, Jiangxi Tianxin Pharmaceutical Co. Ltd., Medicamen Biotech Ltd., Emcure Pharmaceuticals Ltd, DSM N.V, Shandong Xinfa Pharmaceutical Co., Ltd., Changzhou Kangrui., Niutang, Jiheng Pharmaceutical and Xinjiang Wujiaqu Xingnong Cycle Chemical Co. Ltd.

    For the purpose of this report, Reports and Data have segmented the global Folic Acid market according to Grade, Form, Application, and Region:

    Grade Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)

    • Pharmaceutical Grade
    • Food Grade
    • Others

    Form Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)

    • Soft Gels
    • Lozenges
    • Tablets
    • Others

    Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)

    • Food & beverages
    • Pharmaceutical
    • Nutraceutical
    • Others

    Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)

    • North America
      • U.S
    • Europe
      • U.K
      • France
    • Asia Pacific
      • China
      • India
      • Japan
    • MEA
    • Latin America
      • Brazil

    Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2622

    Further key findings from the report suggest

    • The Folic Acid market held a market share of USD 750.9 Million in the year 2018 that is forecasted to grow at a rate of 4.0% during the forecast period.
    • In context to Grade, the Food Grade segment is projected to witness a significant growth rate of 4.3% during the forecast period, which is expected to hold 37.0% of the market by 2027. The growth rate witnessed by the Food Grade segment is attributed to the continuous growth of the food & beverage industry, rising awareness about the nutritional importance of Vitamin B9 and rising demand for cereal-based foods, wherein this vitamin in food grade is used for food fortification of meal replacements and cereal-based foods.
    • In context to Form, the Tablets segment held the largest market share of more than 30.0% in 2018, with a CAGR of 4.3% during the forecast period. Easy availability of this vitamin in tablet form, wherein a wide product range is available for over the counter folic acid tablets, and the fact that this vitamin is commonly prescribed in tablet form for adults in the healthcare sector contributes to the market share held by this segment.
    • In regards to Application, the Pharmaceutical segment occupied the largest market share of more than 40.0% in 2018, with a CAGR of 4.1% during the forecast period. The market dominance of the Pharmaceutical segment is attributed to the high demand for this vitamin in treating the deficiency of folate and rising awareness about women’s health during pregnancy in the healthcare sector, which results in elevated application of the vitamin in this segment.
    • In regards to the region, Europe held 19.0% of the market in 2018, with a CAGR of 4.2% during the forecast period. The market share held by the region is attributed to the expanding healthcare and pharmaceutical industry in this region, which is supporting the expansion of the sector in this region.

    Key insights presented in the report:

    • Market revenue shares by major business players, by type, application, and market scope of global Folic Acid market
    • Sales revenue by key players and new entrants
    • Competitive analysis of key players, including company overview, product or services specification, vendors, and buyers.
    • Recent mergers, acquisitions, product launches, recent investments, and joint ventures
    • Regional analysis to provide insight into recent trends and opportunities.

    To know more about the report @ https://www.reportsanddata.com/report-detail/folic-acid-market

    Thank you for reading our report. To know more about the customization feature, please get in touch with us and our team will ensure the report is customized to meet your requirements.

    Explore Reports and Data’s Prime Analysis of the global FMCG :

    1. Active Cosmetic Ingredients Market Size, Share & Share By Product Type and By Region, Forecast to 2027
    2. Flavors & Fragrances Market Size, Trends & Analysis, By Type And Regional Forecast Over 2017-2026
    3. Aroma Ingredients Market Size, Share & Analysis, By Type, By Application and Regional Forecast over 2017-2026
    4. Anti-aging cosmetics Market Size, Share & Analysis, By Product Type, By Application, By Region, Forecast To 2027
    5. Facial Mask Market Size, Trends & Analysis, By Type, By Application, By Region, Forecasts To 2027

    About Reports and Data

    Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

    Contact Us:

    John W

    Head of Business Development

    Reports and Data | Web: www.reportsanddata.com

    Direct Line: +1-212-710-1370

    E-mail: [email protected]

    Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

    Read Full Press Release: https://www.reportsanddata.com/press-release/global-folic-acid-market

    The post Folic Acid Market Size, Growth, Revenue Share Analysis, Company Profiles and Forecast To 2027 | Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.

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