Global Vitamin B9 Market Size was valued at USD 2.58 Billion by 2035 | CAGR of 6.58%
Category: Food & BeveragesGlobal Vitamin B9 Market Size was valued at USD 2.58 Billion by 2035
According to a Research Report Published by Spherical Insights & Consulting, The Global Vitamin B9 Market Size is Estimated to Grow from USD 1.28 Billion in 2024 to USD 2.58 Billion by 2035, at a CAGR of 6.58% during the forecast period 2025-2035.
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Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the " Global Vitamin B9 Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Folic Acid and Folate), By Application (Dietary Supplements, Food Fortification, Pharmaceuticals, and Animal Feed), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035. "
Detailed Report Decription Here : https://www.sphericalinsights.com/reports/vitamin-b9-market
The global industry engaged in the development, manufacture, distribution, and commercialization of vitamin B9, also referred to as folic acid or folate, is referred to as the vitamin B9 market. This market includes vitamin B9 in both natural and synthetic forms that are used in the food and beverage, pharmaceutical, nutraceutical, and animal feed industries. Products designed for nutritional supplements, treatments for anemia and other deficiency-related disorders, prenatal and maternal health applications, and food fortification initiatives required or encouraged by regulatory bodies are all included. Market demand is also stimulated by government-led food fortification programs and favorable regulatory rules targeted at lowering anemia and birth abnormalities. The growing number of elderly people, who need better nutritional support, is another factor propelling market expansion. Additionally, the market for vitamin B9 is being strengthened by growing consumer preferences for functional foods, dietary supplements, and preventative healthcare, as well as improvements in pharmaceutical and nutraceutical formulations. However, the Vitamin B9 market is restrained by regulatory complexities, high costs, limited awareness, and substitute nutrient availability.
The folic acid segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the product type, the vitamin B9 market is divided into folic acid and folate. Among these, the folic acid segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The extensive usage of folic acid in pharmaceutical products intended to treat deficiency-related disorders further increases demand for the substance.
The dietary supplements segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the application, the vitamin B9 market is divided into dietary supplements, food fortification, pharmaceuticals, and animal feed. Among these, the dietary supplements segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The growing consumer preference for wellness and preventive healthcare is the cause of dietary supplements.
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North America is expected to hold the majority share of the global vitamin B9 market during the forecast period.
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North America is expected to hold the majority share of the global vitamin B9 market during the forecast period. The ongoing need for vitamin B9 products has been greatly aided by government-mandated food fortification programs, especially in the US and Canada. Additionally, the use of folic acid supplements has increased due to the high frequency of anemia and lifestyle-related health issues. The industry is further strengthened by the existence of top pharmaceutical and nutraceutical producers as well as cutting-edge R&D skills.
Asia Pacific is anticipated to grow at the fastest pace in the global vitamin B9 market during the forecast period. Market development is aided by the region's growing pharmaceutical and nutraceutical manufacturing capacities in nations like China, India, and Japan. Asia Pacific is positioned as a high-growth market due to its sizable patient base, continuous advancements in healthcare infrastructure, and increased awareness of preventative healthcare.
Major vendors in the global vitamin B9 market are BASF SE, Garden of Life, Glanbia Nutritionals, GNC Holdings, Inc., Jiangxi Tianxin Pharmaceutical Co., Ltd., Kirkman Group, Inc., Koniklijke DSM N.V., Merck KGaA, Nature's Bounty Co., NutraScience Labs, Pure Encapsulations, LLC, Shandong Xinfa Pharmaceutical Co., Ltd., Swanson Health Products, Thorne Research, Inc., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In November 2024, the Department of Health in Northern Ireland mandated the fortification of non-whole grain flour with folic acid in an effort to lessen birth problems such as brain and spine abnormalities in infants.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the vitamin B9 market based on the below-mentioned segments:
Global Vitamin B9 Market, By Product Type
- Folic Acid
- Folate
Global Vitamin B9 Market, By Application
- Dietary Supplements
- Food Fortification
- Pharmaceuticals
- Animal Feed
Global Vitamin B9 Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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