Global Vitamin B9 (Folic Acid) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Vitamin B9 (Folic Acid) market size was valued at USD 163.1 million in 2023 and is forecast to a readjusted size of USD 206.7 million by 2030 with a CAGR of 3.4% during review period.
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.
Global Folic Acid main players are DSM, BASF, Niutang, Zhejiang Shengda, etc. Global top four manufacturers hold a share over 20%. Europe is the largest market, with a share nearly 35%.
The Global Info Research report includes an overview of the development of the Vitamin B9 (Folic Acid) industry chain, the market status of Food Industry (Food Grade Vitamin B9, Feed Grade Vitamin B9), Feed Industry (Food Grade Vitamin B9, Feed Grade Vitamin B9), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Vitamin B9 (Folic Acid).
Regionally, the report analyzes the Vitamin B9 (Folic Acid) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Vitamin B9 (Folic Acid) market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Vitamin B9 (Folic Acid) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Vitamin B9 (Folic Acid) industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Food Grade Vitamin B9, Feed Grade Vitamin B9).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Vitamin B9 (Folic Acid) market.
Regional Analysis: The report involves examining the Vitamin B9 (Folic Acid) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Vitamin B9 (Folic Acid) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Vitamin B9 (Folic Acid):
Company Analysis: Report covers individual Vitamin B9 (Folic Acid) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Vitamin B9 (Folic Acid) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Food Industry, Feed Industry).
Technology Analysis: Report covers specific technologies relevant to Vitamin B9 (Folic Acid). It assesses the current state, advancements, and potential future developments in Vitamin B9 (Folic Acid) areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Vitamin B9 (Folic Acid) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Vitamin B9 (Folic Acid) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Food Grade Vitamin B9
Feed Grade Vitamin B9
Pharmaceutical Grade Vitamin B9
Market segment by Application
Food Industry
Feed Industry
Medical Industry
Major players covered
DSM
BASF
Xinfa Pharmaceutical
Niutang
Jiheng Pharmaceutical
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Vitamin B9 (Folic Acid) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Vitamin B9 (Folic Acid), with price, sales, revenue and global market share of Vitamin B9 (Folic Acid) from 2019 to 2024.
Chapter 3, the Vitamin B9 (Folic Acid) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Vitamin B9 (Folic Acid) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Vitamin B9 (Folic Acid) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Vitamin B9 (Folic Acid).
Chapter 14 and 15, to describe Vitamin B9 (Folic Acid) sales channel, distributors, customers, research findings and conclusion.