Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 789.3 million | USD 1113.4 million | 14.30% | 2022 |
List of Figures
1. Global Folate Market Segmentation by Type, Source, Application, and Geography
2. Global Folate Market, 2018-2026 (USD Million)
3. Porter’s Five Forces Analysis: Folate Market
4. Global Folate Market Attractiveness, by Type
5. Global Folate Market Attractiveness, by Source
6. Global Folate Market Attractiveness, by Application
7. Global Folate Market Attractiveness, by Regional
8. Global Folate Market Revenue Share, by Type, 2019 & 2026 (USD Million)
9. Global Folate Market by Tablets, 2016 – 2026 (USD Million)
10. Global Folate Market by Soft Gels, 2016 – 2026 (USD Million)
11. Global Folate Market by Lozenges, 2016 – 2026 (USD Million)
12. Global Folate Market by Others, 2016 – 2026 (USD Million)
13. Global Folate Market Revenue Share, by Source, 2019 & 2026 (USD Million)
14. Global Folate Market by Vegetables, 2016 – 2026 (USD Million)
15. Global Folate Market by Fruits, 2016 – 2026 (USD Million)
16. Global Folate Market by Others, 2016 – 2026 (USD Million)
17. Global Folate Market Revenue Share, by Application, 2019 & 2026 (USD Million)
18. Global Folate Market by Food & Beverages, 2016 – 2026 (USD Million)
19. Global Folate Market by Pharmaceutical, 2016 – 2026 (USD Million)
20. Global Folate Market by Nutraceuticals, 2016 – 2026 (USD Million)
21. Global Folate Market by Others, 2016 – 2026 (USD Million)
22. Global Folate Market Revenue Share, by Region, 2018-2026 (USD Million)
23. North America Folate Market, 2016-2026, (USD Million)
24. Europe Folate market, 2016-2026, (USD Million)
25. Asia Pacific Folate Market, 2016-2026(USD Million)
26. Latin America Folate Market, 2016 – 2026 (USD Million)
27. Middle East & Africa Folate Market, 2016 – 2026, (USD Million)
List of Tables
1. Global Folate market snapshot
2. Drivers for Folate market: Impact analysis
3. Restraints of Folate market: Impact analysis
4. North America Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
5. North America Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
6. North America Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
7. U.S. Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
8. U.S. Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
9. U.S. Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
10. Canada Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
11. Canada Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
12. Canada Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
13. Mexico Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
14. Mexico Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
15. Mexico Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
16. Europe Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
17. Europe Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
18. Europe Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
19. UK Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
20. UK Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
21. UK Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
22. France Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
23. France Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
24. France Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
25. Germany Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
26. Germany Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
27. Germany Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
28. Italy Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
29. Italy Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
30. Italy Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
31. Spain Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
32. Spain Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
33. Spain Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
34. Russia Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
35. Russia Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
36. Russia Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
37. Rest of Europe Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
38. Rest of Europe Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
39. Rest of Europe Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
40. Asia Pacific Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
41. Asia Pacific Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
42. Asia Pacific Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
43. China Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
44. China Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
45. China Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
46. Japan Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
47. Japan Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
48. Japan Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
49. India Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
50. India Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
51. India Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
52. Australia Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
53. Australia Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
54. Australia Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
55. South Korea Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
56. South Korea Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
57. South Korea Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
58. Rest of Asia Pacific Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
59. Rest of Asia Pacific Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
60. Rest of Asia Pacific Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
61. Latin America Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
62. Latin America Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
63. Latin America Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
64. Brazil Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
65. Brazil Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
66. Brazil Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
67. Argentina Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
68. Argentina Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
69. Argentina Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
70. Rest of Latin America Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
71. Rest of Latin America Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
72. Rest of Latin America Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
73. Middle East & Africa Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
74. Middle East & Africa Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
75. Middle East & Africa Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
76. GCC Countries Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
77. GCC Countries Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
78. GCC Countries Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
79. South Africa Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
80. South Africa Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
81. South Africa Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
82. Rest of MEA Folate Market Revenue, By Type, 2016 – 2026 (USD Million)
83. Rest of MEA Folate Market Revenue, By Source, 2016 – 2026 (USD Million)
84. Rest of MEA Folate Market Revenue, By Application, 2016 – 2026 (USD Million)
FrequentlyAsked Questions
Folate, also known as vitamin B9 or folic acid, is an essential nutrient that belongs to the B-vitamin family. It is a water-soluble vitamin, which means it dissolves in water and is not stored in the body to a significant extent. Therefore, it needs to be consumed regularly through the diet to maintain adequate levels.
Increasing awareness about the importance of folic acid supplementation. Folate plays a critical role in fetal development, particularly in the early stages of pregnancy when the neural tube is forming. Insufficient folate intake during pregnancy can lead to neural tube defects in infants, such as spina bifida.
According to the report, the global market size was worth around USD 789.3 million in 2022 and is predicted to grow to around USD 1113.4 million by 2030.
The global folate market is expected to grow at a CAGR of 3.5% during the forecast period.
The global folate market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market owing due to its well-established healthcare infrastructure, high consumer awareness, and strong demand for dietary supplements and fortified foods.
The global folate market is dominated by players like DSM Nutritional Products, BASF SE, Gnosis by Lesaffre, Merck KGaA, Zhejiang Shengda Bio-Pharm Co., Ltd., Jubilant Life Sciences Ltd., NattoPharma, NBTY, Inc. (Nature's Bounty Co.), Pharmavite LLC, NOW Health Group.
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