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According to our (Global Info Research) latest study, the global Folic Acid market size was valued at USD 163.1 million in 2023 and is forecast to a readjusted size of USD 223.3 million by 2030 with a CAGR of 4.6% 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 Folic Acid industry chain, the market status of Animal Feeding (Feed Grade, Food Grade), Food and Beverage (Feed Grade, Food Grade), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Folic Acid.
Regionally, the report analyzes the 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 Folic Acid market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the 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 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., Feed Grade, Food Grade).
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 Folic Acid market.
Regional Analysis: The report involves examining the 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 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 Folic Acid:
Company Analysis: Report covers individual 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 Folic Acid This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Animal Feeding, Food and Beverage).
Technology Analysis: Report covers specific technologies relevant to Folic Acid. It assesses the current state, advancements, and potential future developments in Folic Acid areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the 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
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
- Feed Grade
- Food Grade
- Pharmaceutical Grade
Market segment by Application
- Animal Feeding
- Food and Beverage
- Cosmetic, Health Supplements and Medicine
Major players covered
- DSM
- BASF
- Xinfa Pharmaceutical
- Niutang
- Zhejiang Shengda
- Changzhou Xinhong
- Jiheng Pharmaceutical
- Changzhou Kangrui
- Jiangxi Tianxin
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 Folic Acid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Folic Acid, with price, sales, revenue and global market share of Folic Acid from 2019 to 2024.
Chapter 3, the Folic Acid competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the 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 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 Folic Acid.
Chapter 14 and 15, to describe Folic Acid sales channel, distributors, customers, research findings and conclusion.