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Folic Acid Market Size, Share, and Outlook, H2-2025 Report- By Application (Dietary Supplements, Cosmetics, Pharmaceuticals, Others), By Form (Tablets, Lozenges, Soft Gels, Others), By Source (Vegetables, Fruits, Others) and Companies, 2021-2032

Publisher VPA Research
Published Sep 01, 2025
Length 185 Pages
SKU # VPA20329831

Description

Folic Acid Market Outlook
The global Folic Acid Market Size is valued at $1.3 Billion in 2025 and is forecast to reach $1.9 Billion in 2032 at a CAGR of 5.2%.
The Folic Acid Market continue to remain a steadily growing market and offers lucrative growth opportunities across the industry stakeholders from suppliers to distributors and end-use industries. This comprehensive market research report provides 12-year historic and forecast data on Folic Acid Market segments across 22 countries from 2021 to 2032. Key segments covered include By Application (Dietary Supplements, Cosmetics, Pharmaceuticals, Others), By Form (Tablets, Lozenges, Soft Gels, Others), By Source (Vegetables, Fruits, Others), offering granular insights into performance drivers and emerging patterns. With over 70 tables and charts, the report provides actionable findings based on extensive data modeling and industry surveys.

Folic Acid Market Insights, 2025
In 2025, the folic acid market continues to be supported by its established role in preventing neural tube defects during pregnancy and its broader applications in food fortification and nutritional supplements. Governments in many countries mandate folic acid fortification in staple foods like flour and rice to address population-level deficiencies. The supplement industry offers folic acid in standalone products and multivitamin formulations aimed at prenatal, cardiovascular, and cognitive health markets. There is growing consumer interest in methylated folate forms (such as L-methylfolate) due to potential advantages in bioavailability for individuals with certain genetic polymorphisms affecting folate metabolism. Food and beverage companies are incorporating folic acid into functional foods targeted at women’s health. Pharmaceutical-grade folic acid remains a critical raw material for prenatal care programs, especially in low-resource settings. Advances in manufacturing processes are improving purity and shelf stability. Regulatory oversight ensures correct labeling and potency, especially as online sales channels expand.

Five Trends Shaping the Global Folic Acid Market in 2025 and Beyond
The global Folic Acid Industry is undergoing a paradigm shift driven by regulatory changes, technological innovation, and sustainability imperatives. Amidst intense demand growth from diverse end-users, companies are focusing on new product launches to cater to individual applications. Companies are also emphasizing operational resilience and circular economy principles and are aligning strategies to secure long-term growth. The report identifies key structural changes, disruptive technologies, and evolving trade flows influencing competitiveness, helping stakeholders strengthen decision-making for both the short and long term.

What are the Biggest Opportunities for Growth in the Folic Acid Industry?
The Folic Acid Market sector has shown strong adaptability amid volatility in prices, supply chain disruptions, and geopolitical tensions. Moving forward, potential opportunities lie in niche products, aggressive distribution activities, and digital process optimization. With increasing demand from emerging markets, Folic Acid Market is positioned for growth through 2030 and beyond. This chapter provides a strategic perspective for businesses to identify revenue-generating avenues, mitigate risks, and adopt innovative pathways for expansion.

Folic Acid Market Segment Insights
The Folic Acid Industry offers diverse opportunities across product types, applications, and distribution channels. The analytical report provides detailed forecasts across diverse segments including By Application (Dietary Supplements, Cosmetics, Pharmaceuticals, Others), By Form (Tablets, Lozenges, Soft Gels, Others), By Source (Vegetables, Fruits, Others). Insights cover the largest and fastest-growing product types, applications, and regions, highlighting drivers behind each segment. Market outlooks are provided for five regions—Asia Pacific, North America, Europe, South America, and Middle East & Africa—with country-level forecasts for 22 markets through 2032.

Folic Acid Industry Value Chain
The chapter identifies potential companies and their operations across the global Folic Acid Industry ecosystem. It assists decision-makers in evaluating global Folic Acid Market fundamentals, market dynamics, and disruptive trends across the value chain segments. According to the International Council of Chemical Associations (ICCA), chemicals underpin over 95% of manufactured products worldwide.

Scenario Analysis and Forecasts
Strategic planning in the Folic Acid Industry requires resilience to uncertain macroeconomic and regulatory conditions. To guide stakeholders, the report offers three scenario forecasts—low growth, reference case, and high growth—enabling companies to align strategies under different market conditions.

Asia Pacific Folic Acid Market Analysis – Hub of Industrial Transformation
Asia Pacific continues to be the largest and fastest-growing region for Folic Acid Market, underpinned by rapid industrialization, large-scale infrastructure development, and rising consumption across emerging economies. China, India, and Southeast Asia lead the demand surge, supported by investments in chemical parks, free trade agreements, and rising domestic manufacturing capacity. China remains the single largest producer and consumer of chemicals, accounting for over $1.5 trillion in chemical sales, followed by India, which is projected by the India Brand Equity Foundation (IBEF) to become a $300 billion chemicals market by 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

United States Folic Acid Market Insights – Innovation and Specialty Leadership
The American Chemistry Council (ACC) projects steady annual demand growth for specialty and performance chemicals, particularly in automotive, electronics, agriculture, and construction applications. The US continues to lead in specialty and high-value-added chemicals, with investments focused on R&D, advanced process technologies, and digital manufacturing. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Folic Acid Market.

Europe Folic Acid Market Outlook 2025 – Regulatory and Innovation-Driven Growth
Europe is one of the largest markets for Folic Acid Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. The European chemical sector employs more than 1.2 million people directly and is highly influenced by the EU Green Deal, which aims for climate neutrality by 2050. With increasing adoption of advanced technologies, raw materials, and digital transformation, Europe remains a strategic hub for Folic Acid Industry competitiveness. The report analyses the key Folic Acid Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

Latin American Folic Acid Market outlook rebounds in line with economic growth
Optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries presents strong opportunities for domestic and international Folic Acid Market companies. Increased consumer spending is estimated across markets over the next few quarters through 2026. Expanding trade partnerships, urbanization, and growing demand for specialty products underpin market prospects.

Middle East and Africa Folic Acid Markets- New Opportunities for Companies Harnessing Diversity
The Middle East remains a key hub for Folic Acid Market companies, with Saudi Arabia, UAE, and Qatar investing heavily in distribution networks. In addition, Africa presents strong growth potential in Nigeria, South Africa, and other emerging economies, with increasing demand for cost effective and accessible products. Investment strategies tailored to localized needs and sustainable growth will be crucial for success. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies.

Competitive Landscape – How Folic Acid Market Companies Outcompete in 2025
The ability to adapt to changing regulations, sustainability imperatives, and customer-specific innovations defines leadership in the Folic Acid Market. Companies are leveraging M&A activities, strategic joint ventures, and vertical integration to secure raw material access and strengthen downstream presence. The report profiles leading players, analyzing their 2024 revenues, market shares, R&D expenditures, and strategic directions. The report analyzes BASF SE, DSM NV, Jiangxi Tianxin Pharmaceutical Co. Ltd, Medicamen Biotech Ltd, Nantong Changhai Food Additive Co. Ltd, Parchem Fine & Specialty Chemicals, Xinfa Pharmaceutical Co. Ltd, Xinjiang Wujiaqu Xingnong Cycle Chemical Co. Ltd, Zydus Pharmaceuticals Ltd. Each company is benchmarked through a detailed SWOT and financial analysis, providing clients with insights into competitive positioning and innovation leadership.

Folic Acid Market Scope
Leading Segments
By Application
Dietary Supplements
Cosmetics
Pharmaceuticals
Others
By Form
Tablets
Lozenges
Soft Gels
Others
By Source
Vegetables
Fruits
Others

Leading Companies
BASF SE
DSM NV
Jiangxi Tianxin Pharmaceutical Co. Ltd
Medicamen Biotech Ltd
Nantong Changhai Food Additive Co. Ltd
Parchem Fine & Specialty Chemicals
Xinfa Pharmaceutical Co. Ltd
Xinjiang Wujiaqu Xingnong Cycle Chemical Co. Ltd
Zydus Pharmaceuticals Ltd

Geographies
North America- US, Canada, Mexico
Europe- Germany, France, UK, Spain, Italy, Nordics, BeNeLux, Others
Asia Pacific- China, India, Japan, South Korea, Australia, South East Asia, Others
Latin America- Brazil, Argentina, Others
Middle East and Africa- Saudi Arabia, UAE, Other Middle East, South Africa, Other Africa

Reasons to Buy the Report
  • Make informed decisions with 12-year forecasts across 22 countries and multiple market segments.
  • Evaluate regulatory impacts, sustainability trends, and disruptive technologies shaping the chemicals industry.
  • Gain insights into the competitive landscape, including company profiles, financials, and strategic moves.
  • Build an integrated understanding of the chemicals ecosystem across upstream, midstream, and downstream operations.
  • Leverage insights on circular economy initiatives, digitalization, and carbon-neutral strategies driving the next decade.
  • Assess risks and opportunities with scenario-based forecasts tailored to different growth conditions.
  • Access the report in multiple formats (PDF, Excel, PPT) for easier integration into strategic planning.
  • Table of Contents

    185 Pages
    1. Table of Contents
    List of Figures and Tables
    2. Executive Summary
    2.1 Key Highlights
    2.1.1 Folic Acid Market Size Outlook, 2018-2024 and 2025-2032
    2.1.2 Largest Folic Acid Market Types and Applications
    2.1.3 Fastest Growing Segments
    2.1.4 Potential Markets
    2.1.5 Market Concentration
    2.2 Market Scope and Segmentation
    2.2.1 Market Scope- Segments
    2.2.2 Market Scope- Countries
    2.2.3 Macroeconomic and Demographic Outlook
    2.2.4 Abbreviations
    2.2.5 Units and Currency Conversions
    3. Research Methodology
    3.1 Primary Research Surveys
    3.2 Secondary Data Sources
    3.3 Data Triangulation
    3.4 Forecast Methodology
    3.5 Assumptions and Limitations
    4. Introduction to Global Folic Acid Market in 2025
    4.1 Industry Panorama
    4.2 Leading Companies Profiled in the Study
    4.3 Asia Pacific Markets offer Robust Market Prospects for New Entrants
    4.4 Market Dynamics
    4.4.1 Market Dynamics- Trends and Drivers
    4.4.2 Market Dynamics- Opportunities and Challenges
    4.5 Regional Analysis
    4.6 Porter’s Five Force Analysis
    4.6.1 Intensity of Competitive Rivalry
    4.6.2 Threat of New Entrants
    4.6.3 Threat of Substitutes
    4.6.4 Bargaining Power of Buyers
    4.6.5 Bargaining Power of Suppliers
    4.7 Folic Acid Market Industry Value Chain Analysis
    4.7.1 Stage of Value Chain
    4.7.2 Key Activities of Companies
    4.7.3 Companies Included in Each Stage
    4.7.4 Key Insights
    5. Folic Acid Market Outlook to 2032
    5.1 Market Size Forecast by Type, 2021-2024 and 2025-2032
    5.2 Market Size Forecast by Application, 2021-2024 and 2024-2032
    5.3 Market Size Forecast by Geography, 2021-2024 and 2024-2032
    By Application
    Dietary Supplements
    Cosmetics
    Pharmaceuticals
    Others
    By Form
    Tablets
    Lozenges
    Soft Gels
    Others
    By Source
    Vegetables
    Fruits
    Others
    6. Global Folic Acid Market Outlook across Growth Scenarios
    6.1 Low Growth Scenario
    6.2 Base/Reference Case
    6.3 High Growth Scenario
    6. North America Folic Acid Market Size Outlook
    6.1 Key Market Statistics, 2024
    6.2 North America Folic Acid Market Trends and Growth Opportunities
    6.2.1 North America Folic Acid Market Outlook by Type
    6.2.2 North America Folic Acid Market Outlook by Application
    6.3 North America Folic Acid Market Outlook by Country
    6.3.1 The US Folic Acid Market Outlook, 2021- 2032
    6.3.2 Canada Folic Acid Market Outlook, 2021- 2032
    6.3.3 Mexico Folic Acid Market Outlook, 2021- 2032
    7. Europe Folic Acid Market Size Outlook
    7.1 Key Market Statistics, 2024
    7.2 Europe Folic Acid Market Trends and Growth Opportunities
    7.2.1 Europe Folic Acid Market Outlook by Type
    7.2.2 Europe Folic Acid Market Outlook by Application
    7.3 Europe Folic Acid Market Outlook by Country
    7.3.2 Germany Folic Acid Market Outlook, 2021- 2032
    7.3.3 France Folic Acid Market Outlook, 2021- 2032
    7.3.4 The UK Folic Acid Market Outlook, 2021- 2032
    7.3.5 Spain Folic Acid Market Outlook, 2021- 2032
    7.3.6 Italy Folic Acid Market Outlook, 2021- 2032
    7.3.7 Russia Folic Acid Market Outlook, 2021- 2032
    7.3.8 Rest of Europe Folic Acid Market Outlook, 2021- 2032
    8. Asia Pacific Folic Acid Market Size Outlook
    8.1 Key Market Statistics, 2024
    8.2 Asia Pacific Folic Acid Market Trends and Growth Opportunities
    8.2.1 Asia Pacific Folic Acid Market Outlook by Type
    8.2.2 Asia Pacific Folic Acid Market Outlook by Application
    8.3 Asia Pacific Folic Acid Market Outlook by Country
    8.3.1 China Folic Acid Market Outlook, 2021- 2032
    8.3.2 India Folic Acid Market Outlook, 2021- 2032
    8.3.3 Japan Folic Acid Market Outlook, 2021- 2032
    8.3.4 South Korea Folic Acid Market Outlook, 2021- 2032
    8.3.5 Australia Folic Acid Market Outlook, 2021- 2032
    8.3.6 South East Asia Folic Acid Market Outlook, 2021- 2032
    8.3.7 Rest of Asia Pacific Folic Acid Market Outlook, 2021- 2032
    9. South America Folic Acid Market Size Outlook
    9.1 Key Market Statistics, 2024
    9.2 South America Folic Acid Market Trends and Growth Opportunities
    9.2.1 South America Folic Acid Market Outlook by Type
    9.2.2 South America Folic Acid Market Outlook by Application
    9.3 South America Folic Acid Market Outlook by Country
    9.3.1 Brazil Folic Acid Market Outlook, 2021- 2032
    9.3.2 Argentina Folic Acid Market Outlook, 2021- 2032
    9.3.3 Rest of South and Central America Folic Acid Market Outlook, 2021- 2032
    10. Middle East and Africa Folic Acid Market Size Outlook
    10.1 Key Market Statistics, 2024
    10.2 Middle East and Africa Folic Acid Market Trends and Growth Opportunities
    10.2.1 Middle East and Africa Folic Acid Market Outlook by Type
    10.2.2 Middle East and Africa Folic Acid Market Outlook by Application
    10.3 Middle East and Africa Folic Acid Market Outlook by Country
    10.3.1 Saudi Arabia Folic Acid Market Outlook, 2021- 2032
    10.3.2 The UAE Folic Acid Market Outlook, 2021- 2032
    10.3.3 Rest of Middle East Folic Acid Market Outlook, 2021- 2032
    10.3.4 South Africa Folic Acid Market Outlook, 2021- 2032
    10.3.5 Egypt Folic Acid Market Outlook, 2021- 2032
    10.3.6 Rest of Africa Folic Acid Market Outlook, 2021- 2032
    11. Company Profiles
    11.1 Leading 10 Companies
    BASF SE
    DSM NV
    Jiangxi Tianxin Pharmaceutical Co. Ltd
    Medicamen Biotech Ltd
    Nantong Changhai Food Additive Co. Ltd
    Parchem Fine & Specialty Chemicals
    Xinfa Pharmaceutical Co. Ltd
    Xinjiang Wujiaqu Xingnong Cycle Chemical Co. Ltd
    Zydus Pharmaceuticals Ltd
    11.2 Overview
    11.3 Products and Services
    11.4 SWOT Profile
    12. Appendix
    12.1 Subscription Options
    12.2 Customization Options
    12.3 Publisher Details
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