Global Folic Acid and Folate Market Growth 2025-2031

The global Folic Acid and Folate market size is predicted to grow from US$ 81.9 million in 2025 to US$ 113 million in 2031; it is expected to grow at a CAGR of 5.5% from 2025 to 2031.

Folic acid and folate are different forms of vitamin B9 that support healthy cell growth and development, especially in pregnancy. Folate is the natural form of vitamin B9 that occurs in various foods, such as leafy vegetables, beans, nuts, and eggs. Folic acid is the synthetic form of vitamin B9 that is used in supplements and added to fortified foods, such as bread, pasta, rice, and cereals. Folate is converted into the active form of vitamin B9 called 5-methyltetrahydrofolate (5-MTHF) in the digestive system before entering the bloodstream. Folic acid needs to be converted into 5-MTHF in the liver or other tissues, which is a slow and inefficient process in some people.

The industry trend of folic acid and folate is expected to be positive in the coming years, as the demand for these products increases in various sectors due to their benefits for preventing birth defects, anemia, cardiovascular diseases, cancer, cognitive function, depression, and more. Some of the factors driving the market growth are the rising consumption of folic acid and folate supplements among pregnant women and other populations, the increasing awareness regarding micronutrients, the growing popularity of fortified foods and beverages, and the development of new products and technologies by leading manufacturers.

From the perspective of product market application, medicines and health products are the largest application scope, accounting for about 84.3% of the global total sales. The food additive industry is the second largest application, mainly added in bread, milk powder and other fields. This type of application accounts for about 15.1% of the global total sales. Other uses are generally scattered small applications, such as cosmetics, research and development and other fields. The total sales of this part is usually not high, accounting for 0.7%.

LP Information, Inc. (LPI) ' newest research report, the “Folic Acid and Folate Industry Forecast” looks at past sales and reviews total world Folic Acid and Folate sales in 2024, providing a comprehensive analysis by region and market sector of projected Folic Acid and Folate sales for 2025 through 2031. With Folic Acid and Folate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Folic Acid and Folate industry.

This Insight Report provides a comprehensive analysis of the global Folic Acid and Folate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Folic Acid and Folate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Folic Acid and Folate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Folic Acid and Folate and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Folic Acid and Folate.

This report presents a comprehensive overview, market shares, and growth opportunities of Folic Acid and Folate market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Folic Acid
Folate

Segmentation by Application:
Tablets
Capsules

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Jiangxi Tianxin
Niutang
Zhejiang Shengda
Changzhou Xinhong
Jiheng Pharmaceutical
Changzhou Pharmaceutical
DSM
Lesaffre (Gnosis)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Folic Acid and Folate market?

What factors are driving Folic Acid and Folate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Folic Acid and Folate market opportunities vary by end market size?

How does Folic Acid and Folate break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.