Folic Acid Market, By Form, By Application, By Distribution Channel, By Geography

Description

Folic Acid Market is estimated to be valued at USD 1.42 Bn in 2025 and is expected to reach USD 2.02 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.2% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 1.42 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	5.20%	2032 Value Projection:	USD 2.02 Bn

Folic acid, also known as vitamin B9, is a crucial nutrient that plays a vital role in various bodily functions, including DNA synthesis, red blood cell formation, and fetal development. The global folic acid market has witnessed significant growth in recent years, driven by increasing awareness about the importance of folic acid in maintaining overall health and preventing birth defects. Folic acid supplements are widely used by pregnant women, as well as individuals with certain medical conditions such as anemia and neural tube defects. The market is also influenced by the rising demand for fortified foods and beverages, as governments and health organizations worldwide promote the benefits of folic acid fortification in preventing neural tube defects. With the growing emphasis on preventive healthcare and the increasing prevalence of chronic diseases, the global folic acid market is expected to continue its upward trajectory in the coming years.

Market Dynamics

The global folic acid market is driven by several factors, including the increasing awareness about the importance of folic acid in maintaining overall health and preventing birth defects. The rising prevalence of neural tube defects and the growing emphasis on preventive healthcare are also significant drivers of the market. Moreover, government initiatives promoting folic acid fortification in foods and beverages are expected to boost the demand for folic acid in the coming years. However, the market growth may be restrained by the lack of awareness about the benefits of folic acid in some developing regions and the potential side effects associated with excessive folic acid intake. Additionally, the availability of alternative sources of folate, such as dietary supplements and fortified foods, may also pose a challenge to the growth of the folic acid market.

Key Features of the Study

This report provides an in-depth analysis of the global folic acid market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global folic acid market based on the following parameters: company highlights, product portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include DSM Nutritional Products, BASF SE, Ferro Corporation, Nutraceutical Corporation, Ginkgo BioWorks, Solgar Inc., Nature's Way Products, LLC, Herbalife Nutrition Ltd., NOW Foods, Swanson Health Products, Garden of Life, NutraBlast, Kappa Bioscience, Zahler, and Jarrow Formulas.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global folic acid market report caters to various stakeholders in this industry, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global folic acid market.

Market Segmentation

Form Insights (Revenue, USD Bn, 2020 - 2032)
- Tablet
- Capsule
- Liquid
- Powder
Application Insights (Revenue, USD Bn, 2020 - 2032)
- Food & Beverages
- Pharmaceuticals
- Nutraceuticals
- Others
Distribution Channel Insights (Revenue, USD Bn, 2020 - 2032)
- Offline
- Online
Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- DSM Nutritional Products
- BASF SE
- Ferro Corporation
- Nutraceutical Corporation
- Ginkgo BioWorks
- Solgar Inc.
- Nature's Way Products, LLC
- Herbalife Nutrition Ltd.
- NOW Foods
- Swanson Health Products
- Garden of Life
- NutraBlast
- Kappa Bioscience
- Zahler
- Jarrow Formulas

Product Code: CMI8137

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Folic Acid Market, By Form
- Global Folic Acid Market, By Application
- Global Folic Acid Market, By Distribution Channel
- Global Folic Acid Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends

4. Global Folic Acid Market, By Form, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Tablet
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Capsule
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Liquid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

5. Global Folic Acid Market, By Application, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Food & Beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Nutraceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

6. Global Folic Acid Market, By Distribution Channel, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Offline
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Online
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

7. Global Folic Acid Market, By Region, 2020 - 2032, Value (USD Bn)

Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Form, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

8. Competitive Landscape

DSM Nutritional Products
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
BASF SE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Ferro Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Nutraceutical Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Ginkgo BioWorks
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Solgar Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Nature's Way Products, LLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Herbalife Nutrition Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
NOW Foods
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Swanson Health Products
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Garden of Life
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
NutraBlast
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Kappa Bioscience
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Zahler
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Jarrow Formulas
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. References and Research Methodology

References
Research Methodology
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