Global Folic Acid Market Growth 2023-2029

Global Folic Acid Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Folic Acid Industry Forecast” looks at past sales and reviews total world Folic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Folic Acid sales for 2023 through 2029. With Folic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Folic Acid industry.

This Insight Report provides a comprehensive analysis of the global Folic Acid 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 portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Folic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Folic Acid 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.

The global Folic Acid market size is projected to grow from US$ 155.1 million in 2022 to US$ 217.9 million in 2029; it is expected to grow at a CAGR of 217.9 from 2023 to 2029.

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%.

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

Market Segmentation:

Segmentation by type
Feed Grade
Food Grade
Pharmaceutical Grade

Segmentation by application
Animal Feeding
Food and Beverage
Cosmetic, Health Supplements and Medicine

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 analyzing the company's coverage, product portfolio, its market penetration.
DSM
BASF
Xinfa Pharmaceutical
Niutang
Zhejiang Shengda
Changzhou Xinhong
Jiheng Pharmaceutical
Changzhou Kangrui
Jiangxi Tianxin

Key Questions Addressed in this Report

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

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

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

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

How does Folic Acid break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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