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Global Folic Acid Market

Global Folic Acid Market By Form (Tablets, Soft Gels, Lozenges and others), By Source (Vegetables, Fruits and others), By Application (Food & Beverages, Pharmaceutical, Nutraceuticals and Others), By Region (North America, Europe, Asia-Pacific, South America and The Middle East & Africa)-Global Forecast to 2028.

Frequently Asked Questions (FAQ):

Folic acid is the natural state of vitamin B9, water-soluble and naturally discovered in many foodstuffs. It is also added to foods and marketed as a supplement in the form of folic acid; this form is better soaked than that from food sources—85% vs. 50%, respectively. Folic acid satisfies to form DNA and RNA and is impacted in protein metabolism. It plays an essential role in splitting down homocysteine, an amino acid that can exert deadly effects in the body if present in increased amounts.

The global folic acid market size at USD 876.5 million in 2021 is expected to reach USD 1182.01 million by 2028, with a growing CAGR of 5.7% from 2022-to 2028.

The pandemic has affected most global critical markets. Covid-19 has had a low impact on the folate market. Due to covid-19, supply chain disturbance, fluctuations in the raw material supply, insufficient manpower in the manufacturing facility and low demand from the end-use customers hindered target industry growth in the developed and emerging economies worldwide.

The companies include BASF SE, Zydus Pharmaceuticals Ltd., Medicament Biotech Ltd., jiangxinTianxin Pharmaceuticals Ltd., DSM N.V., Emcure Pharmaceuticals Ltd., Nantong Changhai Food Additive and other prominent players in the global folic acid market.

Vitamins are one of the essential nutrients for women, particularly vitamin B12, vitamin B9, and vitamin D, which are extremely important to keep the growth of the baby’s nervous system. Nearly all obstetricians in the United States suggest prenatal vitamins to pregnant women to help healthy growth and minimize congenital disabilities. This is the main growth element in the global folic acid market.

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