April 16, 2024

Folate Market Size to Hit Around US$ 1,481.05 million by 2030

Precedence Research a new report on folate Market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future. The global folate market size was valued at US$ 876.52 million in 2021. The global folate market is projected to reach US$ 1,481.05 million by 2030, registering a compound annual growth rate (CAGR) of 6% during the forecast period from 2022 to 2030.

Folate Market

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Folate Market Growth Factors:

Increased customer health awareness to improve immunity is a major factor driving the growth of the global demand for folate. Folate or vitamin B9 is required by the body to produce red blood cells. It is also involved in the normal growth & development of the organism, the processing of genetic materials like DNA and RNA, and many other functions of the body.

The normal use of vitamin B9 tablets has been shown to be safe for consumption with no side effects on health. This substance is naturally present in a variety of plants, including dark green vegetable leaves. With the rising trend for a healthy lifestyle and balanced diet requirements, its demand is increasing. Folate deficiency in the human body results in many health problems. Macrocytic anemia, breath shortness, memory deficits, Weakness, complications of pregnancy is some of the other common health problems that occur from its deficiency. Consequently, all of the above variables promote the demand and growth of the target industry.

In the forecast period 2021-2030, the emerging applications of folate may also have a positive effect on the development and revenue growth of the main operating industries. Another factor that generates enormous demand for folate and in turn drives growth of the target market is an increase in the fertility rate among women worldwide. Folate is used by women as a dietary supplement to prevent the creation of neural tube imperfections during pregnancy.

Folate Market Report Scope 
Report Highlights Details
Market Size USD 1,481.05 million by 2030
Growth Rate CAGR of 6% from 2022 to 2030
Base Year 2021
Historic Data 2017 to 2021
Forecast Period 2022 to 2030
Segments Covered Type, Form , End User
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)

The global folate market report offers various segments analysis by size, trends, growth factors, opportunities and key country outlook to 2027. The report offers a detailed analysis and information as per folate, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.

The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

Folate Market Report Highlights
  • On the basis of type, 5-MTHF calcium salt segment is expected hold largest revenue share and the 5-MTHF Glucosamine Salt segment is anticipated to register substantial CAGR during the forecast time-frame.
  • On the basis of end-use, Pharmaceuticals & Nutraceuticals end use segment registered for the largest revenue with noteworthy share in 2020. In the nutraceuticals industry, this substance is used in the manufacture of supplemental vitamin capsules, powders, and cosmetics. The Food & beverages end-use is expected at substantial CAGR during the forecast time-frame.
  • On the basis of form, global market is segregated as gummies, capsules, lozenges, powder, tablets, and others. Tablet segment will dominate the target market in the near future owing to its increasing demand worldwide. Powder form is expected register maximum CAGR during the forecast time-frame.
  • Merck, Koninklijke DSM N.V, are foremost player in the global industry estimated for the remarkable share of the global folate market. The growth is accredited to various commercial strategies adopted by the enterprise.

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Some of the prominent players in the folate market include:
  • Medicamen Biotech Ltd.
  • Koninklijke DSM N.V
  • Superior Supplement Manufacturing
  • Gnosis SPA
  • Seidler Chemical Co, Inc.
  • Nutritional Supplement Manufacturers, Inc.
  • Shandong Xinfa Pharmaceutical Co.
  • AIE Pharmaceuticals, Inc.
  • Hebei Jiheng Group Pharmacy Co Ltd.
  • Changzhou
  • Niutang Chemical Plant Co. Ltd.
  • Jiangxi Tianxin Pharmaceutical Co. Ltd.
  • BASF SE
  • HEMA PHARMACEUTICALS PVT. LTD.
  • Merck
  • Gemini Pharmaceuticals, Inc.
  • Emcure Pharmaceuticals Ltd.
  • Nantong Changhai Food Additive
Folate market Segmentation

By Type

  • 5-MTHF Calcium Salt
  • 5-MTHF Glucosamine Salt

By Form

  • Tablets
  • Capsules
  • Powder
  • Lozenges
  • Gummies
  • Others

By End-User

  • Food & Beverages
  • Pharmaceuticals & Nutraceuticals
  • Agriculture & Feed
  • Others

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Key Questions are

  • What are the key factors influencing the folate market in each region?
  • How much value will the global market generate by the end of the forecast period?
  • What will be the CAGR of the global market between 2021 and 2030?
  • What would be the Y-o-Y growth trend of the global market between 2021 and 2030?
  • What is the future scope and current trends in technologies of the global market?
  • What is the revenue of the global market based on segments?
  • Which key strategies are used by top players of the global market?
  • Which are the leading companies in the global market?
  • What are the essential strategies by key stakeholders in the market to expand their geographic presence?
  • What are the major advancements witnessed in the global market?

Research Objectives and Research Approach

The comprehensive report on the global folate market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global folate market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global folate market in terms of type, application, region and others. Key segments under each criteria are studied at length, and the market share for each of these at the end of 2027 has also been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global market.

Why should you invest in this report?

If you are aiming to enter the global folate market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for folate are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Folate Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Folate Market

5.1. Covid-19: Folate Industry Impact
5.2. Folate Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Folate Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Folate Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Folate Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Increasing in fertility rate among women
6.1.1.2. Growing adoption of folic acid to treat kidney diseases
6.1.1.3. Increased health awareness among consumer
6.1.2. Market Restraints
6.1.2.1. Effect of high doses of folate
6.1.3. Market Opportunities
6.1.3.1. Advancements in the food service

Chapter 7. Global Folate Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Folate Market Revenue by Market Players (2017 – 2020)
7.1.1.2. Folate Market Revenue Market Share by Market Players (2017 – 2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Folate Market, By Type

8.1. Folate Market, by Type, 2017-2030
8.1.1. 5-MTHF Calcium Salt
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. 5-MTHF Glucosamine Salt
8.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Folate Market, By End-use

9.1. Extrusion Sheet Market, by End-use, 2017-2030
9.1.1. Food & Beverages
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Pharmaceuticals & Nutraceuticals
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Agriculture & Feed
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Other End-Uses
9.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Folate Market, By Form

10.1. Extrusion Sheet Market, by Form, 2017-2030
10.1.1. Tablets
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Capsules
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Powder
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Lozenges
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Gummies
10.1.5.1. Market Revenue and Forecast (2017-2030)
10.1.6. Others
10.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Folate Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue Forecast by Grade(2017-2030)
11.1.2. Market Revenue Forecast by End-use (2017-2030)
11.1.3. Market Revenue Forecast by Form (2017-2030)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2017-2030)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2017-2030)
11.2. Europe
11.2.1. Market Revenue Forecast by Grade (2017-2030)
11.2.2. Market Revenue Forecast by End-use (2017-2030)
11.2.3. Market Revenue Forecast by Form (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2017-2030)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2017-2030)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Grade (2017-2030)
11.3.2. Market Revenue Forecast by End-use (2017-2030)
11.3.3. Market Revenue Forecast by Form (2017-2030)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2017-2030)
11.4. LATAM
11.4.1. Market Revenue Forecast by Grade (2017-2030)
11.4.2. Market Revenue Forecast by End-use (2017-2030)
11.4.3. Market Revenue Forecast by Form (2017-2030)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2017-2030)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2017-2030)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Grade (2017-2030)
11.5.2. Market Revenue Forecast by End-use (2017-2030)
11.5.3. Market Revenue Forecast by Form (2017-2030)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2017-2030)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2017-2030)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2017-2030)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2017-2030)

Chapter 12. Company Profiles

12.1. Gnosis SPA
12.1.1. Company Overview, Business Information, Regional Presence
12.1.2. Product Portfolio Analysis
12.1.2.1. Product Details, Specification, Application
12.1.3. Revenue, Price, and Gross Margin (2017-2020)
12.1.4. Recent Developments and Strategies
12.2. Merck
12.2.1. Company Overview, Business Information, Regional Presence
12.2.2. Product Portfolio Analysis
12.2.2.1. Product Details, Specification, Application
12.2.3. Revenue, Price, and Gross Margin (2017-2020)
12.2.4. Recent Developments and Strategies
12.3. BASF SE
12.3.1. Company Overview, Business Information, Regional Presence
12.3.2. Product Portfolio Analysis
12.3.2.1. Product Details, Specification, Application
12.3.3. Revenue, Price, and Gross Margin (2017-2020)
12.3.4. Recent Developments and Strategies
12.4. Koninklijke DSM N.V
12.4.1. Company Overview, Business Information, Regional Presence
12.4.2. Product Portfolio Analysis
12.4.2.1. Product Details, Specification, Application
12.4.3. Revenue, Price, and Gross Margin (2017-2020)
12.4.4. Recent Developments and Strategies
12.5. Medicamen Biotech Ltd.
12.5.1. Company Overview, Business Information, Regional Presence
12.5.2. Product Portfolio Analysis
12.5.2.1. Product Details, Specification, Application
12.5.3. Revenue, Price, and Gross Margin (2017-2020)
12.5.4. Recent Developments and Strategies
12.6. Emcure Pharmaceuticals Ltd.
12.6.1. Company Overview, Business Information, Regional Presence
12.6.2. Product Portfolio Analysis
12.6.2.1. Product Details, Specification, Application
12.6.3. Revenue, Price, and Gross Margin (2017-2020)
12.6.4. Recent Developments and Strategies
12.7. Jiangxi Tianxin Pharmaceutical Co. Ltd.
12.7.1. Company Overview, Business Information, Regional Presence
12.7.2. Product Portfolio Analysis
12.7.2.1. Product Details, Specification, Application
12.7.3. Revenue, Price, and Gross Margin (2017-2020)
12.7.4. Recent Developments and Strategies
12.8. Seidler Chemical Co, Inc.
12.8.1. Company Overview, Business Information, Regional Presence
12.8.2. Product Portfolio Analysis
12.8.2.1. Product Details, Specification, Application
12.8.3. Revenue, Price, and Gross Margin (2017-2020)
12.8.4. Recent Developments and Strategies
12.9. Changzhou Niutang Chemical Plant Co. Ltd.
12.9.1. Company Overview, Business Information, Regional Presence
12.9.2. Product Portfolio Analysis
12.9.2.1. Product Details, Specification, Application
12.9.3. Revenue, Price, and Gross Margin (2017-2020)
12.9.4. Recent Developments and Strategies
12.10. Hebei Jiheng Group Pharmacy Co Ltd.
12.10.1. Company Overview, Business Information, Regional Presence
12.10.2. Product Portfolio Analysis
12.10.2.1. Product Details, Specification, Application
12.10.3. Revenue, Price, and Gross Margin (2017-2020)
12.10.4. Recent Developments and Strategies
12.11. Shandong Xinfa Pharmaceutical Co.
12.11.1. Company Overview, Business Information, Regional Presence
12.11.2. Product Portfolio Analysis
12.11.2.1. Product Details, Specification, Application
12.11.3. Revenue, Price, and Gross Margin (2017-2020)
12.11.4. Recent Developments and Strategies
12.12. Nantong Changhai Food Additive
12.12.1. Company Overview, Business Information, Regional Presence
12.12.2. Product Portfolio Analysis
12.12.2.1. Product Details, Specification, Application
12.12.3. Revenue, Price, and Gross Margin (2017-2020)
12.12.4. Recent Developments and Strategies
12.13. HEMA PHARMACEUTICALS PVT. LTD.
12.13.1. Company Overview, Business Information, Regional Presence
12.13.2. Product Portfolio Analysis
12.13.2.1. Product Details, Specification, Application
12.13.3. Revenue, Price, and Gross Margin (2017-2020)
12.13.4. Recent Developments and Strategies
12.14. Superior Supplement Manufacturing
12.14.1. Company Overview, Business Information, Regional Presence
12.14.2. Product Portfolio Analysis
12.14.2.1. Product Details, Specification, Application
12.14.3. Revenue, Price, and Gross Margin (2017-2020)
12.14.4. Recent Developments and Strategies
12.15. Gemini Pharmaceuticals, Inc.
12.15.1. Company Overview, Business Information, Regional Presence
12.15.2. Product Portfolio Analysis
12.15.2.1. Product Details, Specification, Application
12.15.3. Revenue, Price, and Gross Margin (2017-2020)
12.15.4. Recent Developments and Strategies
12.16. Nutritional Supplement Manufacturers, Inc.
12.16.1. Company Overview, Business Information, Regional Presence
12.16.2. Product Portfolio Analysis
12.16.2.1. Product Details, Specification, Application
12.16.3. Revenue, Price, and Gross Margin (2017-2020)
12.16.4. Recent Developments and Strategies
12.17. AIE Pharmaceuticals, Inc.
12.17.1. Company Overview, Business Information, Regional Presence
12.17.2. Product Portfolio Analysis
12.17.2.1. Product Details, Specification, Application
12.17.3. Revenue, Price, and Gross Margin (2017-2020)
12.17.4. Recent Developments and Strategies

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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