

The global Folic Acid and Folate market size was US$ 83.7 million in 2024 and is forecast to a readjusted size of US$ 120 million by 2031 with a CAGR of 5.3% during the forecast period 2025-2031.
Folic acid and folate are different forms of vitamin B9 that support healthy cell growth and development, especially in pregnancy. Folate is the natural form of vitamin B9 that occurs in various foods, such as leafy vegetables, beans, nuts, and eggs. Folic acid is the synthetic form of vitamin B9 that is used in supplements and added to fortified foods, such as bread, pasta, rice, and cereals. Folate is converted into the active form of vitamin B9 called 5-methyltetrahydrofolate (5-MTHF) in the digestive system before entering the bloodstream. Folic acid needs to be converted into 5-MTHF in the liver or other tissues, which is a slow and inefficient process in some people.
The industry trend of folic acid and folate is expected to be positive in the coming years, as the demand for these products increases in various sectors due to their benefits for preventing birth defects, anemia, cardiovascular diseases, cancer, cognitive function, depression, and more. Some of the factors driving the market growth are the rising consumption of folic acid and folate supplements among pregnant women and other populations, the increasing awareness regarding micronutrients, the growing popularity of fortified foods and beverages, and the development of new products and technologies by leading manufacturers.
From the perspective of product market application, medicines and health products are the largest application scope, accounting for about 84.3% of the global total sales. The food additive industry is the second largest application, mainly added in bread, milk powder and other fields. This type of application accounts for about 15.1% of the global total sales. Other uses are generally scattered small applications, such as cosmetics, research and development and other fields. The total sales of this part is usually not high, accounting for 0.7%.
The global Folic Acid and Folate market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
Jiangxi Tianxin
Niutang
Zhejiang Shengda
Changzhou Xinhong
Jiheng Pharmaceutical
Changzhou Pharmaceutical
DSM
Lesaffre (Gnosis)
By Type: (Dominant Segment vs High-Margin Innovation)
Folic Acid
Folate
By Application: (Core Demand Driver vs Emerging Opportunity)
Tablets
Capsules
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., Jiangxi Tianxin in Europe)
- Emerging Product Trends: Folic Acid adoption vs. Folate premiumization
- Demand-Side Dynamics: Tablets growth in China vs. Capsules potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
China
Japan
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Folic Acid and Folate market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Folate in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Capsules in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
This is not just another market study. By fusing global trend analysis with hyper-local operational intelligence, we deliver:
- Risk-Controlled Market Entry: Navigate regulatory complexities in focus markets (e.g., China’s policies).
- Product Portfolio Optimization: Align offerings with regional preferences (e.g., Folic Acid dominance in Europe vs. Folate demand in MEA).
- Competitor Counterstrategies: Decode player tactics in fragmented vs. consolidated markets.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Market Overview
1.1 Folic Acid and Folate Product Scope
1.2 Folic Acid and Folate by Type
1.2.1 Global Folic Acid and Folate Sales by Type (2020 & 2024 & 2031)
1.2.2 Folic Acid
1.2.3 Folate
1.3 Folic Acid and Folate by Application
1.3.1 Global Folic Acid and Folate Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Tablets
1.3.3 Capsules
1.4 Global Folic Acid and Folate Market Estimates and Forecasts (2020-2031)
1.4.1 Global Folic Acid and Folate Market Size in Value Growth Rate (2020-2031)
1.4.2 Global Folic Acid and Folate Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global Folic Acid and Folate Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global Folic Acid and Folate Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global Folic Acid and Folate Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global Folic Acid and Folate Sales Market Share by Region (2020-2025)
2.2.2 Global Folic Acid and Folate Revenue Market Share by Region (2020-2025)
2.3 Global Folic Acid and Folate Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Folic Acid and Folate Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Folic Acid and Folate Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America Folic Acid and Folate Market Size and Prospective (2020-2031)
2.4.2 Europe Folic Acid and Folate Market Size and Prospective (2020-2031)
2.4.3 China Folic Acid and Folate Market Size and Prospective (2020-2031)
2.4.4 Japan Folic Acid and Folate Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global Folic Acid and Folate Historic Market Review by Type (2020-2025)
3.1.1 Global Folic Acid and Folate Sales by Type (2020-2025)
3.1.2 Global Folic Acid and Folate Revenue by Type (2020-2025)
3.1.3 Global Folic Acid and Folate Price by Type (2020-2025)
3.2 Global Folic Acid and Folate Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Folic Acid and Folate Sales Forecast by Type (2026-2031)
3.2.2 Global Folic Acid and Folate Revenue Forecast by Type (2026-2031)
3.2.3 Global Folic Acid and Folate Price Forecast by Type (2026-2031)
3.3 Different Types Folic Acid and Folate Representative Players
4 Global Market Size by Application
4.1 Global Folic Acid and Folate Historic Market Review by Application (2020-2025)
4.1.1 Global Folic Acid and Folate Sales by Application (2020-2025)
4.1.2 Global Folic Acid and Folate Revenue by Application (2020-2025)
4.1.3 Global Folic Acid and Folate Price by Application (2020-2025)
4.2 Global Folic Acid and Folate Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Folic Acid and Folate Sales Forecast by Application (2026-2031)
4.2.2 Global Folic Acid and Folate Revenue Forecast by Application (2026-2031)
4.2.3 Global Folic Acid and Folate Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Folic Acid and Folate Application
5 Competition Landscape by Players
5.1 Global Folic Acid and Folate Sales by Players (2020-2025)
5.2 Global Top Folic Acid and Folate Players by Revenue (2020-2025)
5.3 Global Folic Acid and Folate Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Folic Acid and Folate as of 2024)
5.4 Global Folic Acid and Folate Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Folic Acid and Folate, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Folic Acid and Folate, Product Type & Application
5.7 Global Key Manufacturers of Folic Acid and Folate, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Folic Acid and Folate Sales by Company
6.1.1.1 North America Folic Acid and Folate Sales by Company (2020-2025)
6.1.1.2 North America Folic Acid and Folate Revenue by Company (2020-2025)
6.1.2 North America Folic Acid and Folate Sales Breakdown by Type (2020-2025)
6.1.3 North America Folic Acid and Folate Sales Breakdown by Application (2020-2025)
6.1.4 North America Folic Acid and Folate Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Folic Acid and Folate Sales by Company
6.2.1.1 Europe Folic Acid and Folate Sales by Company (2020-2025)
6.2.1.2 Europe Folic Acid and Folate Revenue by Company (2020-2025)
6.2.2 Europe Folic Acid and Folate Sales Breakdown by Type (2020-2025)
6.2.3 Europe Folic Acid and Folate Sales Breakdown by Application (2020-2025)
6.2.4 Europe Folic Acid and Folate Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Folic Acid and Folate Sales by Company
6.3.1.1 China Folic Acid and Folate Sales by Company (2020-2025)
6.3.1.2 China Folic Acid and Folate Revenue by Company (2020-2025)
6.3.2 China Folic Acid and Folate Sales Breakdown by Type (2020-2025)
6.3.3 China Folic Acid and Folate Sales Breakdown by Application (2020-2025)
6.3.4 China Folic Acid and Folate Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan Folic Acid and Folate Sales by Company
6.4.1.1 Japan Folic Acid and Folate Sales by Company (2020-2025)
6.4.1.2 Japan Folic Acid and Folate Revenue by Company (2020-2025)
6.4.2 Japan Folic Acid and Folate Sales Breakdown by Type (2020-2025)
6.4.3 Japan Folic Acid and Folate Sales Breakdown by Application (2020-2025)
6.4.4 Japan Folic Acid and Folate Major Customer
6.4.5 Japan Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Jiangxi Tianxin
7.1.1 Jiangxi Tianxin Company Information
7.1.2 Jiangxi Tianxin Business Overview
7.1.3 Jiangxi Tianxin Folic Acid and Folate Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Jiangxi Tianxin Folic Acid and Folate Products Offered
7.1.5 Jiangxi Tianxin Recent Development
7.2 Niutang
7.2.1 Niutang Company Information
7.2.2 Niutang Business Overview
7.2.3 Niutang Folic Acid and Folate Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Niutang Folic Acid and Folate Products Offered
7.2.5 Niutang Recent Development
7.3 Zhejiang Shengda
7.3.1 Zhejiang Shengda Company Information
7.3.2 Zhejiang Shengda Business Overview
7.3.3 Zhejiang Shengda Folic Acid and Folate Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Zhejiang Shengda Folic Acid and Folate Products Offered
7.3.5 Zhejiang Shengda Recent Development
7.4 Changzhou Xinhong
7.4.1 Changzhou Xinhong Company Information
7.4.2 Changzhou Xinhong Business Overview
7.4.3 Changzhou Xinhong Folic Acid and Folate Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Changzhou Xinhong Folic Acid and Folate Products Offered
7.4.5 Changzhou Xinhong Recent Development
7.5 Jiheng Pharmaceutical
7.5.1 Jiheng Pharmaceutical Company Information
7.5.2 Jiheng Pharmaceutical Business Overview
7.5.3 Jiheng Pharmaceutical Folic Acid and Folate Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Jiheng Pharmaceutical Folic Acid and Folate Products Offered
7.5.5 Jiheng Pharmaceutical Recent Development
7.6 Changzhou Pharmaceutical
7.6.1 Changzhou Pharmaceutical Company Information
7.6.2 Changzhou Pharmaceutical Business Overview
7.6.3 Changzhou Pharmaceutical Folic Acid and Folate Sales, Revenue and Gross Margin (2020-2025)
7.6.4 Changzhou Pharmaceutical Folic Acid and Folate Products Offered
7.6.5 Changzhou Pharmaceutical Recent Development
7.7 DSM
7.7.1 DSM Company Information
7.7.2 DSM Business Overview
7.7.3 DSM Folic Acid and Folate Sales, Revenue and Gross Margin (2020-2025)
7.7.4 DSM Folic Acid and Folate Products Offered
7.7.5 DSM Recent Development
7.8 Lesaffre (Gnosis)
7.8.1 Lesaffre (Gnosis) Company Information
7.8.2 Lesaffre (Gnosis) Business Overview
7.8.3 Lesaffre (Gnosis) Folic Acid and Folate Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Lesaffre (Gnosis) Folic Acid and Folate Products Offered
7.8.5 Lesaffre (Gnosis) Recent Development
8 Folic Acid and Folate Manufacturing Cost Analysis
8.1 Folic Acid and Folate Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Folic Acid and Folate
8.4 Folic Acid and Folate Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Folic Acid and Folate Distributors List
9.3 Folic Acid and Folate Customers
10 Folic Acid and Folate Market Dynamics
10.1 Folic Acid and Folate Industry Trends
10.2 Folic Acid and Folate Market Drivers
10.3 Folic Acid and Folate Market Challenges
10.4 Folic Acid and Folate Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
Jiangxi Tianxin
Niutang
Zhejiang Shengda
Changzhou Xinhong
Jiheng Pharmaceutical
Changzhou Pharmaceutical
DSM
Lesaffre (Gnosis)
Ìý
Ìý
*If Applicable.