Global Vitamin B9 (Folic Acid) Market Outlook 2025–2031: Growth Insights, Key Trends, and Future Opportunities

 

Market Overview

The global Vitamin B9 (Folic Acid) market reached a valuation of US$ 118 million in 2023 and is projected to grow to US$ 158 million by 2030, expanding at a CAGR of 5.3% during the forecast period of 2024–2030.

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Vitamin B9, commonly known as folic acid or folate, is an essential B-vitamin supporting DNA synthesis, red blood cell formation, and fetal neural development.

Top Manufacturers (2023 Market Share: Top 3 = 78.5%)

  • DSM

  • Jiangxi Tianxin

  • Zhejiang Shengda

  • Niutang

  • Anhui Xinhong

  • Jiheng Pharmaceutical

  • Changzhou Pharmaceutical

Market Segmentation

By Type

  • Feed Grade

  • Food Grade

  • Pharmaceutical Grade

By Application

  • Feed Industry

  • Food Industry

  • Cosmetics, Health Supplements, and Medicine

By Production Region

  • China

  • Europe

By Consumption Region

  • North America (U.S., Canada)

  • Asia-Pacific (China, Japan, India, Australia, etc.)

  • Europe (Germany, UK, France, etc.)

  • Latin America (Mexico, Brazil)

Key Market Drivers

  1. Rising Awareness of Nutritional Needs
    Increasing demand for prenatal supplements to prevent neural tube defects is fueling folic acid consumption.

  2. Growth in Pharma & Nutraceuticals
    Expanded use in multivitamins and functional food products.

  3. Global Fortification Mandates
    Governments and health organizations are mandating folic acid fortification in basic food items like flour and cereals.

  4. Aging Population Demographics
    The elderly require supplements to improve cognitive and cardiovascular health.

  5. Vegan and Vegetarian Trends
    Higher folate deficiency risks among plant-based consumers are increasing supplement adoption.

Download Free Sample Report: https://www.intelmarketresearch.com/download-free-sample/326/vitamin-b9-folic-acid

Market Restraints

  • Risk of Overconsumption & Side Effects: High doses can mask B12 deficiencies and may be linked to cancer in susceptible individuals.

  • Supply Chain Disruptions: Volatility in sourcing raw materials like PABA and glutamic acid.

  • Stringent Regulatory Landscape: Delayed approvals and compliance issues vary by region.

  • Limited Awareness in Developing Regions: Education gaps hinder adoption in lower-income countries.

Emerging Opportunities

  1. Growth in Emerging Markets
    Increasing healthcare infrastructure in Asia-Pacific, Africa, and Latin America presents untapped growth.

  2. Product Innovation
    Rising popularity of formats like chewable gummies, liquids, and effervescent tablets.

  3. Fortified Functional Foods
    High demand for value-added health products in everyday diets.

  4. Maternal & Child Health Initiatives
    WHO and UNICEF-backed campaigns emphasize prenatal nutrition.

  5. Rise of Personalized Nutrition
    Demand for custom supplements is growing in alignment with health tech and genetic testing.

Key Challenges

  • Natural Folate Competition: Growing consumer preference for natural sources over synthetic variants.

  • Affordability in Price-Sensitive Markets: Premium supplement costs restrict access.

  • Misinformation and Public Skepticism: Distrust in synthetic vitamins and lack of accurate education.

  • Environmental Concerns: Sustainability issues in packaging and synthetic production processes.

FAQs

Q1: What is the current market size of Vitamin B9?
A: Valued at US$ 118 million in 2023.

Q2: What will be the market size by 2030?
A: Expected to reach US$ 158 million.

Q3: What is the CAGR from 2024–2030?
A: 5.3% annual growth rate.

Q4: Which industries are key users?
A: Pharmaceuticals, supplements, food fortification, cosmetics.

Q5: Which regions are leading?
A: North America, Europe, and growing traction in Asia-Pacific.

Access Full Report: https://www.intelmarketresearch.com/food-and-beverages/326/vitamin-b9-folic-acid

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