Vitamin B9 (Folic Acid) Market Outlook 2025–2031: Growth Analysis, Market Dynamics, Key Players, and Future Forecast Insights

The global Vitamin B9 (Folic Acid) market was valued at US$ 118 million in 2023 and is anticipated to reach US$ 158 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.

Vitamin B9, also known as folic acid or folate, is an essential vitamin that plays a crucial role in various metabolic processes in the human body. It is important for the production of red blood cells, DNA and RNA synthesis, and the formation of the nervous system during fetal development.
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The major global manufacturers of Vitamin B9 (Folic Acid) include DSM, Jiangxi Tianxin, Zhejiang Shengda, Niutang, Anhui Xinhong, Jiheng Pharmaceutical, Changzhou Pharmaceutical, and etc. in 2023, the world's top three vendors accounted for approximately 78.5% of the revenue.

This report aims to provide a comprehensive presentation of the global market for Vitamin B9 (Folic Acid), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vitamin B9 (Folic Acid).

The Vitamin B9 (Folic Acid) market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Vitamin B9 (Folic Acid) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Vitamin B9 (Folic Acid) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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Market Segmentation

By Company

• DSM
• Jiangxi Tianxin
• Zhejiang Shengda
• Niutang
• Anhui Xinhong
• Jiheng Pharmaceutical
• Changzhou Pharmaceutical

Segment by Type

• Feed Grade
• Food Grade
• Pharmaceutical Grade

Segment by Application

• Feed Industry
• Food Industry
• Cosmetic, Health Supplements and Medicine

Production by Region

• Europe
• China
Consumption by Region

• North America
• U.S.
• Canada
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Rest of Europe
• Latin America
• Mexico
• Brazil
• Rest of Latin America

Vitamin B9 (Folic Acid) Market: FAQs
1. What is the current market size of the global Vitamin B9 (Folic Acid) market?

The global Vitamin B9 (Folic Acid) market was valued at US$ 118 million in 2023.

2. What is the projected size of the Vitamin B9 (Folic Acid) market by 2030?

The market is expected to reach US$ 158 million by 2030, growing at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2030.

3. What is the growth rate of the Vitamin B9 (Folic Acid) market during the forecast period?

The market is anticipated to grow at a CAGR of 5.3% from 2024 to 2030.

4. What are the primary drivers of growth in the Vitamin B9 (Folic Acid) market?

Key factors driving the growth include:

• Increased awareness about folic acid's role in preventing neural tube defects during pregnancy.
• Rising demand for fortified foods and dietary supplements.
• Growing applications in pharmaceuticals and functional foods.

5. Which industries utilize Vitamin B9 (Folic Acid)?
Vitamin B9 (Folic Acid) is primarily used in:

• Pharmaceuticals: For preventing and treating folate deficiencies.
• Dietary supplements: As a key ingredient in multivitamins and prenatal supplements.
• Food and beverages: In fortification of cereals, bread, and other staples.

6. What regions dominate the Vitamin B9 (Folic Acid) market?
The market is experiencing significant demand in:

• North America and Europe, due to strict regulations mandating folic acid fortification in foods.
• Asia-Pacific, driven by rising population and awareness of nutritional health.

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News Release: Vitamin B9 (Folic Acid) Market Outlook 2025–2031: Growth Analysis, Market Dynamics, Key Players, and Future Forecast Insights
Submitted on: May 16, 2025 10:00:57 AM
Submitted by: AMISHA
On behalf of: https://www.intelmarketresearch.com/food-and-beverages/326/vitamin-b9-folic-acid