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Folate Market Size to Rake $ 1,514.97 million by the end of the year 2030

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The folate market size is projected to reach over US$ 1,514.97 million by the end of the year 2030 from US$ 827.84 million in 2020 at a steady CAGR of 6% from 2021 to 2030, according to Precedence Research.

The folate market report covers a detailed analysis for the historic period 2017-2020, considering 2021 as the base year and forecast (growth) for 2021-2030.

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This research report evaluates the folate market on a global and regional level. It offers a thorough analysis of the market revenue status, growth, future trends, and forecast of the global folate market for the period from 2017 to 2030.

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.

Market Report Scope

Report Highlights Details
Market Size USD 1,514.97 million by 2030
Growth Rate CAGR of 6% from 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Type, Form , End User
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)

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This report enables readers to make important decisions with regard to their business, with the help of a wealth of Information enclosed in the study. The report also provides the compound annual growth rate (CAGR) of the global folate market for the forecast period of 2021–2030. This data can help readers interpret quantitative growth aspects of the global market during the forecast period. It presents a wealth of information on key market dynamics, including drivers, market trends, and challenges, as well as the structure of the global market across the globe.

The report analyzes the historical and present-day scenario of the global folate market to accurately gauge its growth potential. The study presents detailed information about important growth factors, restraints, and key trends that are creating the landscape for growth of the global market in order to identify opportunities for stakeholders.

Key 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.
  • The report covers data for North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. In 2020, North America conquered the global market with a market share of more than 25%.
  • Europe has seen a remarkable rise in folate materials. The presence of a strict restriction on the intake of additional nutraceuticals, along with a healthy diet, was responsible for this requirement.
  • Latin America and the African and Middle Eastern region will show perceptible growth over the forecast period owing to growing applications of folate in the countries including Brazil, Mexico, and GCC, of the regions.

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Competition Landscape

In the final section of the research report, Precedence Research provided the global folate market structure and a detailed competition landscape to provide a dashboard view of key players operating in the global market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.

Some of the major 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

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

– North America (U.S. and Canada)

 – Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

 – Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)

 – Latin America (Brazil and Rest of Latin America)

– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

  • Market estimate for 2020
  • Average selling price (ASP) per region for specific product type
  • Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
  • Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
  • National government documents, statistical databases
  • News articles, press releases, and webcasts specific to companies operating in the market
  • Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
  • Determination of market penetration by country

Most Asked Questions –

What was the market size value of the folate in 2020?

What is the expected market size by 2030?

What is the folate market growth?

What are the key factors that positively influence market growth?

Who are the prominent players in the folate market?

Why Buy this Report?

The purpose of Precedence Research’s folate market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.

TABLE OF CONTENT

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

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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