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As a water-soluble vitamin B, it’s naturally present in some foods, added to other foods by fortification, and available as a dietary supplement in the form of folic acid.
A diet high in folate-rich foods can help to prevent cancer, heart disease, birth defects, anemia, and cognitive decline.
Market segmentation:The global folate market is segmented based on sources, type, and end-use industry.On the basis of the sources, the global folate market is categorized into natural food sources, fortified foods, and dietary supplements.
The natural and dietary supplements are consumed majorly as compared to fortified forms of folates due to increasing demand for nutrition amongst consumers.
On the basis of the type, the global folate market is segmented into food folate, folic acid, 5 MTHF calcium salts, and 5 MTHF glucosamine salt.
Both the food and nutraceuticals industries are expected to witness a high growth owing to the shift in the consumer preference towards health and nutrition.