Liquid Vitamins Market, By Product Type (Multivitamins, Single Vitamins, Herbal Extracts, and Others), By Application (Food and Beverages, Pharmaceuticals, Cosmetic Industry, Feed Additives, and Others), By End User (Adults, Children, Pregnant Women, and

The Global 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, exhibiting a compound annual growth rate (CAGR) of 5.2% from 2025 to 2032. 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.

• 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