The Folinic Acid Market size is expected to increase at a faster CAGR over the forecast period. Folinic acid is the safest and most effective medicine used in the health system. Folinic acid is the activated form of folic acid and vitamin B9.
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Folinic acid, supplied in the form of vitamin B9 and vitamin B12, helps to fortify the development of a baby's skeleton and nervous system as proper diet and nutrition are required at the time of pregnancy. Thus, the surging demand for dietary supplements is one of the major factors proliferating market growth. Folinic acid is needed for DNA replication. It helps decrease the risk of neural tube defects in offspring at the time of conception. The growing use of folinic acid across a different range of applications and the surging demand for dietary supplements are other factors propelling the market growth. Besides this, the remarkable switch toward preventive health management practices and the rising prevalence of lifestyle disorders have encouraged the demand for dietary supplements. However, the folinic acid market report projects that the growing health concerns associated with the high dosage of folinic acid over a long period of time will restrain the market growth.
The pharmaceutical industry is projected to hold a larger share during the forecast period owing to its exceptional advantages such as neural tube defects, decrease in homocysteine levels, and reduction in chances of cancer. A high intake of folinic acid can help protect against certain cancers such as breast, gut, lung, and pancreas cancer. Moreover, as per the folinic acid market report, adequate intake of folinate acid helps in decreasing homocysteine, an inflammatory molecule associated with the development of heart diseases.
Market Segmentation
Folinic Acid Market by Form
· Tablets
· Soft Gels
· Lozenges
· Others
Folinic Acid Market by Source
· Vegetables
· Fruits
· Others
Folinic Acid Market by Application
· Food & Beverages
· Pharmaceutical
· Nutraceuticals
· Others
Folinic Acid Market by Region:
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· North America
o United States of America
o Canada
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
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