PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625465
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625465
The global folic acid market size is expected to reach USD 993.53 million by 2034, according to a new study by Polaris Market Research. The report "Folic Acid Market Size, Share, Trends, Industry Analysis Report: By Form Type (Tablets, Soft Gels, Lozenges, and Others), Source Type (Plants and Animals), Application (Food & Beverages, Pharmaceutical, Nutraceuticals, and Others), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The folic acid market growth is driven by increasing health awareness, especially concerning prenatal care and the prevention of neural tube defects. Key drivers include the rising demand for dietary supplements and fortified foods and increasing government-led fortification programs to address folate deficiencies globally.
The market is also benefiting from trends such as the growing preference for plant-based and sustainable sources of folic acid, as well as innovations aimed at improving the bioavailability of the vitamin. Market growth opportunities lie in expanding into emerging markets with rising healthcare awareness and in offering personalized nutrition solutions. As the demand for functional foods and supplements grows, the folic acid market is positioned for continued expansion, supported by regulatory support and changing consumer behaviors.
By form type, the tablets segment holds the largest folic acid market share due to their widespread use and convenience, particularly in the pharmaceutical and nutraceutical sectors. However, the soft gels segment is registering the highest growth rate, driven by consumer preference for easy-to-swallow, high-quality supplements.
The plants segment, by source type, is gaining traction due to the increasing demand for natural, sustainable, and non-GMO products, making it the fastest-growing source type. However, the animals segment remains a dominant segment, particularly in pharmaceutical applications.
In terms of application, the pharmaceutical segment dominates the market, driven by the widespread use in prenatal vitamins and other health supplements. The nutraceutical sector is experiencing the highest growth rate as consumers increasingly seek preventive health solutions through fortified foods and dietary supplements.
North America dominates the folic acid market revenue share, owing to stringent fortification regulations and high health awareness. However, Asia Pacific is witnessing the highest growth due to expanding healthcare infrastructure, rising health consciousness, and increasing demand for dietary supplements.
Polaris Market Research has segmented the folic acid market report on the basis of form type, source type, application, and region:
Table 1 Global Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 2 Global Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 3 Global Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 4 North America: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 5 North America: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 6 North America: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 7 U.S.: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 8 U.S.: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 9 U.S.: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 10 Canada: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 11 Canada: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 12 Canada: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 13 Europe: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 14 Europe: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 15 Europe: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 16 UK: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 17 UK: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 18 UK: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 19 France: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 20 France: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 21 France: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 22 Germany: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 23 Germany: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 24 Germany: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 25 Italy: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 26 Italy: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 27 Italy: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 28 Spain: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 29 Spain: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 30 Spain: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 31 Netherlands: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 32 Netherlands: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 33 Netherlands: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 34 Russia: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 35 Russia: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 36 Russia: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 37 Rest of Europe: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 38 Rest of Europe: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 39 Rest of Europe: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 40 Asia Pacific: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 41 Asia Pacific: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 42 Asia Pacific: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 43 China: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 44 China: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 45 China: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 46 India: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 47 India: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 48 India: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 49 Malaysia: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 50 Malaysia: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 51 Malaysia: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 52 Japan: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 53 Japan: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 54 Japan: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 55 Indonesia: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 56 Indonesia: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 57 Indonesia: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 58 South Korea: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 59 South Korea: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 60 South Korea: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 61 Australia: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 62 Australia: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 63 Australia: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 64 Rest of Asia Pacific: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 65 Rest of Asia Pacific: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 66 Rest of Asia Pacific: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 67 Middle East & Africa: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 68 Middle East & Africa: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 69 Middle East & Africa: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 70 Saudi Arabia: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 71 Saudi Arabia: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 72 Saudi Arabia: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 73 UAE: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 74 UAE: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 75 UAE: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 76 Israel: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 77 Israel: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 78 Israel: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 79 South Africa: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 80 South Africa: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 81 South Africa: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 82 Rest of Middle East & Africa: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 83 Rest of Middle East & Africa: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 84 Rest of Middle East & Africa: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 85 Latin America: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 86 Latin America: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 87 Latin America: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 88 Mexico: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 89 Mexico: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 90 Mexico: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 91 Brazil: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 92 Brazil: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 93 Brazil: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 94 Argentina: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 95 Argentina: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 96 Argentina: Folic Acid Market, by Application, 2020-2034 (USD Million)
Table 97 Rest of Latin America: Folic Acid Market, by Form Type, 2020-2034 (USD Million)
Table 98 Rest of Latin America: Folic Acid Market, by Source Type, 2020-2034 (USD Million)
Table 99 Rest of Latin America: Folic Acid Market, by Application, 2020-2034 (USD Million)
List of Figures:
Figure 1. Global Folic Acid Market, 2020-2034 (USD Million)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Price
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Form Type
Figure 7. Global Folic Acid Market, by Form Type, 2024 & 2034 (USD Million)
Figure 8. Market by Source Type
Figure 9. Global Folic Acid Market, by Source Type, 2024 & 2034 (USD Million)
Figure 10. Market by Application
Figure 11. Global Folic Acid Market, by Application, 2024 & 2034 (USD Million)