Vitamin B9 (Folic Acid) Market was valued at USD 0.65 Billion in 2022 and is projected to reach USD 1.25 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The global Vitamin B9 (Folic Acid) Market is expanding rapidly across various applications, driven by the growing awareness about its health benefits and increasing demand in food, medical, and feed industries. Vitamin B9, commonly known as folic acid, plays a vital role in numerous bodily functions, including DNA synthesis, red blood cell formation, and cell growth. As a result, the demand for folic acid is surging in the food and pharmaceutical sectors. The market is highly dynamic, with significant advancements in production techniques and delivery methods, making folic acid more accessible for incorporation into a variety of products. As the global population becomes increasingly health-conscious, the need for fortified foods, supplements, and treatments using folic acid is expected to rise steadily over the forecast period. The food, feed, and medical industries are major contributors to the growth of the market, and each has specific applications for Vitamin B9.
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The application of Vitamin B9 (Folic Acid) in the food industry is one of the largest and fastest-growing segments. Folic acid is widely used in food fortification, particularly in cereals, bread, pasta, and beverages, to help prevent folate deficiency and associated health problems, such as anemia and neural tube defects. Governments across the globe have recommended the fortification of certain food products with folic acid to reduce the incidence of birth defects and to promote public health. With increasing consumer awareness regarding the importance of folic acid in maintaining overall well-being, manufacturers in the food industry are increasingly incorporating folate into their products. This trend is expected to continue, with more innovative products incorporating folic acid to meet the growing demand for healthier food options. In addition to the food fortification, folic acid supplements are also commonly consumed to support health and wellness, further boosting the application of Vitamin B9 in the food sector.The food industry’s reliance on folic acid has led to a rise in fortified food products, such as folate-enriched snacks, energy bars, dairy products, and infant formulas. The growing preference for functional foods and the increasing trend of preventive healthcare is further expected to propel the demand for folic acid in this segment. The need for folic acid in the food sector is not only fueled by its health benefits but also by the rise in dietary deficiencies globally, particularly in developing regions where malnutrition is prevalent. Therefore, the vitamin’s role in public health initiatives, such as mandatory fortification programs, continues to influence its widespread use in the food industry.
In the feed industry, Vitamin B9 (Folic Acid) plays a critical role in enhancing the health and growth of animals. It is commonly added to animal feed to promote healthy cell division and to support the reproductive system. Folic acid is particularly vital for poultry, cattle, and swine as it aids in improving the quality of eggs, promoting fetal development in pregnant livestock, and supporting the overall vitality of farm animals. The growing global demand for high-quality meat, milk, and eggs has led to increased use of Vitamin B9 in animal feed formulations. Livestock farmers and feed manufacturers have recognized the importance of including folic acid in animal diets to optimize their productivity and ensure that animals remain healthy throughout their life cycle. This has been particularly important in the context of large-scale industrial farming and the increased focus on animal nutrition and health.The demand for folic acid in the feed industry is also driven by the rising awareness regarding the role of vitamin supplementation in improving animal welfare and increasing output efficiency. Furthermore, regulatory guidelines and standards around animal feed and nutrition are becoming more stringent, pushing feed manufacturers to incorporate essential vitamins like folic acid to ensure that the nutritional requirements of animals are met. This ongoing trend of incorporating folic acid into animal feed is expected to continue as the global demand for meat and other animal products increases. Additionally, the growth of the livestock and aquaculture industries in emerging markets presents significant opportunities for Vitamin B9 use in the feed sector, further driving market expansion.
The medical industry is another key segment where Vitamin B9 (Folic Acid) plays a significant role, primarily in the form of supplements and pharmaceutical products. Folic acid is widely recommended for pregnant women to prevent neural tube defects in the developing fetus. It is also used in the treatment of folate deficiency anemia, where it helps improve the production of red blood cells. As awareness about the importance of folic acid in prenatal health grows, the demand for folic acid supplements has seen an upward trajectory. Furthermore, it is used in treating various other conditions, including certain types of cancer, cardiovascular diseases, and mental health disorders, where a deficiency of folic acid can exacerbate symptoms. Folic acid supplementation is highly prevalent in the medical sector due to its role in maintaining general health, particularly in specific patient populations like pregnant women, the elderly, and individuals with dietary restrictions. The growth of the global pharmaceutical and supplement markets, coupled with increasing health concerns such as anemia and pregnancy-related complications, has led to a steady rise in folic acid consumption in the medical industry. Additionally, research into the potential benefits of folic acid in the prevention of chronic diseases continues to drive the medical use of this vitamin, suggesting that its application in the medical industry will only continue to expand in the coming years.
One of the key trends in the Vitamin B9 (Folic Acid) market is the growing consumer awareness regarding the importance of folic acid in maintaining overall health. As a result, there is an increasing preference for functional foods and supplements that are enriched with folic acid, particularly among health-conscious individuals and pregnant women. The food industry is responding to this demand by fortifying a wide range of products, such as cereals, snacks, and beverages, with folic acid to cater to the evolving consumer preferences. Additionally, the growing trend of preventive healthcare has made folic acid an essential part of daily nutritional regimens for many individuals. Another key trend is the rising demand for folic acid in the medical and pharmaceutical sectors, driven by its essential role in prenatal care, as well as its therapeutic applications in treating various health conditions. As research continues to highlight the importance of folic acid in reducing the risk of certain chronic diseases, such as cardiovascular diseases, the demand for folic acid supplements in the medical market is expected to continue to rise. Furthermore, the development of advanced delivery methods for folic acid, such as enhanced absorption formulations and fortified foods, is expected to drive the market forward.
The Vitamin B9 (Folic Acid) market presents significant opportunities, particularly in emerging regions where there is a rising demand for fortified food products and nutritional supplements. With an increasing focus on public health and nutrition, governments and health organizations are actively promoting the fortification of food products with folic acid to combat deficiencies and improve overall health. This opens up substantial opportunities for businesses in the food and beverage sectors to capitalize on the growing demand for fortified products.Additionally, the growing interest in animal nutrition and health in the feed industry provides significant growth opportunities for the application of Vitamin B9 in animal feed. As the global demand for animal products continues to rise, the use of folic acid in animal feed will play a critical role in enhancing livestock productivity and ensuring animal welfare. The increasing adoption of modern farming techniques and animal husbandry practices is expected to boost the demand for high-quality animal feed, creating new opportunities for Vitamin B9 suppliers in the feed industry.
1. What is the primary use of folic acid in the food industry?
Folic acid is primarily used for food fortification to prevent deficiencies and promote overall health, especially in cereals and bread.
2. How does folic acid benefit the feed industry?
In the feed industry, folic acid supports animal growth, improves reproductive health, and enhances the quality of livestock products.
3. Is folic acid important during pregnancy?
Yes, folic acid is crucial for preventing neural tube defects in the developing fetus during pregnancy.
4. What diseases can folic acid help prevent?
Folic acid helps prevent folate deficiency anemia, and some research suggests it may reduce the risk of cardiovascular diseases and certain cancers.
5. What are the major sources of folic acid in food?
Major sources of folic acid include fortified cereals, leafy vegetables, legumes, and citrus fruits.
6. Can folic acid be taken as a supplement?
Yes, folic acid supplements are widely available and often recommended for women of childbearing age and those with folate deficiencies.
7. How is folic acid used in the medical industry?
In the medical industry, folic acid is used to treat folate deficiency anemia and is often prescribed for pregnant women to prevent birth defects.
8. Is folic acid supplementation safe for long-term use?
Folic acid supplementation is generally safe, but excessive intake should be monitored, as it can mask certain vitamin B12 deficiencies.
9. What role does folic acid play in animal feed?
Folic acid enhances the reproductive health of livestock, improves growth rates, and supports overall animal health.
10. How does folic acid fortification help public health?
Folic acid fortification helps reduce the incidence of neural tube defects and ensures adequate folate intake among the general population.
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DSM
BASF
Xinfa Pharmaceutical
Niutang
Jiheng Pharmaceutical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Vitamin B9 (Folic Acid) Market
Food Industry
Feed Industry
Medical Industry
Based on Types the Market is categorized into Below types that held the largest Vitamin B9 (Folic Acid) market share In 2023.
Food Grade
Feed Grade
Pharmaceutical Grade
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
1. Introduction of the Global Vitamin B9 (Folic Acid) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Vitamin B9 (Folic Acid) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Vitamin B9 (Folic Acid) Market, By Type
6. Global Vitamin B9 (Folic Acid) Market, By Application
7. Global Vitamin B9 (Folic Acid) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Vitamin B9 (Folic Acid) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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