The Global Folic Acid Market is forecast to reach USD 1.07 Billion by 2027, according to a new report by Reports and Data. Folic acid may be referred to as the synthetic form of vitamin B9. It is also known as pteroylmonoglutamic acid. The rising awareness about the health impact due to the deficiency of this vitamin like anemia, mouth ulcer, among others, is supporting the market growth. Increasing awareness about women health and care during pregnancy is also fostering sector growth.
Statistical data indicating product consumption across all these topographies have been cited in the report. These particulars additionally consist of a basic summary of the corporations, company profile, and the product portfolio of the company in focus. The report analyses the gathered information relating to the profits accrued, sales, gross margins, price patterns, revenue and updates on the activities of the company.
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Key Players:
Key participants include Zydus Pharmaceuticals Ltd., BASF SE, Jiangxi Tianxin Pharmaceutical Co. Ltd., Medicamen Biotech Ltd., Emcure Pharmaceuticals Ltd, DSM N.V, Shandong Xinfa Pharmaceutical Co., Ltd., Changzhou Kangrui., Niutang, Jiheng Pharmaceutical and Xinjiang Wujiaqu Xingnong Cycle Chemical Co. Ltd.
Further key findings from the report suggest:
- The Folic Acid market held a market share of USD 750.9 Million in the year 2018 that is forecasted to grow at a rate of 4.0% during the forecast period.
- In context to Grade, the Food Grade segment is projected to witness a significant growth rate of 4.3% during the forecast period, which is expected to hold 37.0% of the market by 2027.
- In context to Form, the Tablets segment held the largest market share of more than 30.0% in 2018, with a CAGR of 4.3% during the forecast period. Easy availability of this vitamin in tablet form, wherein a wide product range is available for over the counter folic acid tablets, and the fact that this vitamin is commonly prescribed in tablet form for adults in the healthcare sector contributes to the market share held by this segment.
- In regards to Application, the Pharmaceutical segment occupied the largest market share of more than 40.0% in 2018, with a CAGR of 4.1% during the forecast period. The market dominance of the Pharmaceutical segment is attributed to the high demand for this vitamin in treating the deficiency of folate and rising awareness about women’s health during pregnancy in the healthcare sector, which results in elevated application of the vitamin in this segment.
- In regards to the region, Europe held 19.0% of the market in 2018, with a CAGR of 4.2% during the forecast period. The market share held by the region is attributed to the expanding healthcare and pharmaceutical industry in this region, which is supporting the expansion of the sector in this region.
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Market Segmentation:
Grade Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
- Pharmaceutical Grade
- Food Grade
- Others
Form Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
- Soft Gels
- Lozenges
- Tablets
- Others
Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
- Food & beverages
- Pharmaceutical
- Nutraceutical
- Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
- North America
- U.S
- Europe
- U.K
- France
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
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Objective of Studies:
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment by application, product type and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Folic Acid market.
Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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This report entails a detailed quantitative analysis, the current global Folic Acid market trends, and market forecast from 2020 to 2027 to identify the growth opportunities, along with the strategic assessment.
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This report provides an in-depth study of qualitative and quantitative chemical analysis of supply chain, consumer requirements and consumer demand.Key Player Mentioned: DSM, BASF, Niutang, Zhejiang Shengda, Changzhou Xinhong, Jiheng Pharmaceutical, Changzhou Kangrui, Jiangxi Tianxin, Xinfa PharmaceuticalRequest Sample Copy @t: https://introspectivemarketresearch.com/request-samples.php?_id=4&_sid=1228Global Folic Acid Market 2020 is predicted to ascertain tremendous growth within the coming years.
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It also aims at innovation, trends, stocks and costs to take care of a uniform survey of industry experts.Product Segment Analysis: Feed Grade, Food Grade, Pharmaceutical GradeApplication Segment Analysis: Animal Feeding, Food and Beverage, Cosmetic, Health Supplements and MedicineRegional Segment Analysis: USA, Europe, Japan, China, India, South East AsiaA comprehensive analysis on many dominant market players and strategies is also highlighted in the report on the Folic Acid market.
This will help clients in making accurate decisions and focusing on the growth of the market.
The research is been conducted by analysts taking the growth of the Folic Acid market under consideration, and are reached at conclusions on the future growth prospects of the claimed market.
The latest trending report Global Folic Acid Market 2020 by Manufacturers Regions Type and Application Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Folic Acid market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.This report also researches and evaluates the impact of Covid-19 outbreak on the Folic Acid industry, involving potential opportunity and challenges, drivers and risks.
We present the impact assessment of Covid-19 effects on Folic Acid and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.
).Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/31497-folic-acid-market-analysis-reportThe major players covered in Folic Acid are:DSMChangzhou KangruiNiutangBASFJiheng PharmaceuticalXinfa PharmaceuticalChangzhou XinhongZhejiang ShengdaJiangxi TianxinBy Type, Folic Acid market has been segmented intoFeed GradeFood GradePharmaceutical GradeBy Application, Folic Acid has been segmented into:Animal FeedingFood and BeverageCosmetic, Health Supplements and MedicineThe report offers in-depth assessment of the growth and other aspects of the Folic Acid market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Folic Acid Market @ https://www.decisiondatabases.com/contact/download-sample-31497The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Folic Acid product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Folic Acid, with price, sales, revenue and global market share of Folic Acid in 2018 and 2019.Chapter 3, the Folic Acid competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Folic Acid breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Folic Acid market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Folic Acid sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Folic Acid Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-31497All Acid Related Reports by DecisionDatabases.com @ https://goo.gl/R5nHjXAbout-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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