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Published: Dec, 2016 | Pages:
135 | Publisher: Grand View Research
Industry: Food & Beverages | Report Format: Electronic (PDF)
The global folic acid market is expected to reach USD 666.2 million by 2025, according to a new report by Grand View Research, Inc. Growing consumption of vitamin B9 as a source of an essential supplement during pregnancy by women that minimizes the risk of congenital disabilities in infants is anticipated to augment the market demand in the coming years. Folic acid is required for the metabolism of specific biochemical reactions and cell division in the body. It plays a significant role in the development of the nervous system in the growing fetus. Moreover, it is involved in the formation of red blood cells, supporting the normal development of the neural tube in the fetus. Market drivers include the increasing demand from pharmaceutical and nutraceuticals industry for manufacturing instant folate-rich food products owing to its health benefits. Improved medical facilities, increasing disposable income and adoption of social programs by the government to encourage healthcare initiatives have led to growing demand folic acid products. Pharmaceuticals dominated the market in 2015, followed by nutraceuticals. Asia Pacific dominated the folic acid market in 2015 due to the high production of the raw material in emerging economies such as China, which is a primary manufacturer of the vitamins globally. Companies such as BASF SE, Zydus Pharmaceuticals Ltd., Medicamen Biotech Ltd., Jiangxi Tianxin Pharmaceutical Co. Ltd., Koninklijke DSM N.V., and Emcure Pharmaceuticals Ltd. have implemented acquisition and expansion business strategies to increase their geographical presence. Few global players have invested in R&D amenities to discover advanced and innovative folic products with higher efficacy rate and ease of use. Further key findings from the report suggest: • The global folic acid market demand was over 1.68 kilo tons in 2015 and is expected to grow at an estimated CAGR of 3.5% from 2016 to 2025 • Pharmaceuticals dominated the folic acid market with a market share of in 2015. It is used to manufacture vitamin B9 medicines which are prescribed mainly to pregnant women resulting in healthy growth & development of infants. • Asia Pacific is projected to grow at the highest CAGR of 3.9% on account of the growing demand for medicines and multivitamin products in China, India, and Japan. • Key companies in the folic acid industry include BASF SE, Zydus Pharmaceuticals Ltd., Medicamen Biotech Ltd., Jiangxi Tianxin Pharmaceutical Co. Ltd., and Koninklijke DSM N.V. among others. Global players have partnered with the folate suppliers for the easy availability of the high-quality raw materials at economical price range.
Table of Contents Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. Market Snapshot Chapter 3. Folic Acid Market Variables, Trends & Scope 3.1. Folic Acid market segmentation 3.2. Market size and growth prospects, 2014 - 2025 3.3. Folic Acid market - Value chain analysis 3.4. Folic Acid market dynamics 3.4.1. Market driver analysis 3.4.2. Market restraint analysis 3.5. Key opportunities prioritized 3.6. Industry analysis - Porter's 3.7. Folic Acid market PESTEL analysis, 2015 Chapter 4. Folic Acid Market: Application Estimates & Trend Analysis 4.1. Global Folic Acid market share by application, 2015 & 2025 4.2. Food & Beverages 4.2.1. Market estimates and forecast, 2014 - 2025 4.2.2. Market estimates and forecast by region, 2014 - 2025 4.3. Pharmaceuticals 4.3.1. Market estimates and forecast, 2014 - 2025 4.3.2. Market estimates and forecast by region, 2014 - 2025 4.4. Nutraceuticals 4.4.1. Market estimates and forecast, 2014 - 2025 4.4.2. Market estimates and forecast by region, 2014 - 2025 4.5. Others 4.5.1. Market estimates and forecast, 2014 - 2025 4.5.2. Market estimates and forecast by region, 2014 - 2025 Chapter 5. Folic Acid Market: Regional Estimates & Trend Analysis 5.1. Global Folic Acid market share by region, 2015 & 2025 5.2. North America 5.2.1. Market estimates and forecast, 2014 - 2025 5.2.2. Market estimates and forecast by application, 2014 - 2025 5.2.3. U.S. 5.2.3.1. Market estimates and forecast, 2014 - 2025 5.2.3.2. Market estimates and forecast by application, 2014 - 2025 5.3. Europe 5.3.1. Market estimates and forecast, 2014 - 2025 5.3.2. Market estimates and forecast by application, 2014 - 2025 5.3.3. Germany 5.3.3.1. Market estimates and forecast, 2014 - 2025 5.3.3.2. Market estimates and forecast by application, 2014 - 2025 5.3.4. France 5.3.4.1. Market estimates and forecast, 2014 - 2025 5.3.4.2. Market estimates and forecast by application, 2014 - 2025 5.3.5. U.K. 5.3.5.1. Market estimates and forecast, 2014 - 2025 5.3.5.2. Market estimates and forecast by application, 2014 - 2025 5.3.6. Italy 5.3.6.1. Market estimates and forecast, 2014 - 2025 5.3.6.2. Market estimates and forecast by application, 2014 - 2025 5.3.7. Spain 5.3.7.1. Market estimates and forecast, 2014 - 2025 5.3.7.2. Market estimates and forecast by application, 2014 - 2025 5.4. Asia Pacific 5.4.1. Market estimates and forecast, 2014 - 2025 5.4.2. Market estimates and forecast by application, 2014 - 2025 5.4.3. China 5.4.3.1. Market estimates and forecast, 2014 - 2025 5.4.3.2. Market estimates and forecast by application, 2014 - 2025 5.4.4. India 5.4.4.1. Market estimates and forecast, 2014 - 2025 5.4.4.2. Market estimates and forecast by application, 2014 - 2025 5.4.5. Japan 5.4.5.1. Market estimates and forecast, 2014 - 2025 5.4.5.2. Market estimates and forecast by application, 2014 - 2025 5.4.6. Australia 5.4.6.1. Market estimates and forecast, 2014 - 2025 5.4.6.2. Market estimates and forecast by application, 2014 - 2025 5.5. Middle East & Africa 5.5.1. Market estimates and forecast, 2014 - 2025 5.5.2. Market estimates and forecast by application, 2014 - 2025 5.6. Central & South America 5.6.1. Market estimates and forecast, 2014 - 2025 5.6.2. Market estimates and forecast by application, 2014 - 2025 Chapter 6. Competitive Landscape 6.1. Competitive heat map analysis 6.2. Vendor landscape 6.3. Competitive environment Chapter 7. Competitive Landscape 7.1. BASF SE 7.1.1. Company Overview 7.1.2. Financial Performance 7.1.3. Product Benchmarking 7.1.4. Strategic Initiatives 7.2. Koninklijke DSM N.V. 7.2.1. Company Overview 7.2.2. Financial Performance 7.2.3. Product Benchmarking 7.2.4. Strategic Initiatives 7.3. Zydus Pharmaceuticals Ltd. 7.3.1. Company Overview 7.3.2. Financial Performance 7.3.3. Product Benchmarking 7.3.4. Strategic Initiatives 7.4. Medicamen Biotech Ltd. 7.4.1. Company Overview 7.4.2. Financial Performance 7.4.3. Product Benchmarking 7.4.4. Strategic Initiatives 7.5. Emcure Pharmaceuticals Ltd. 7.5.1. Company Overview 7.5.2. Financial Performance 7.5.3. Product Benchmarking 7.5.4. Strategic Initiatives 7.6. Jiangxi Tianxin Pharmaceutical Co. Ltd. 7.6.1. Company Overview 7.6.2. Financial Performance 7.6.3. Product Benchmarking 7.6.4. Strategic Initiatives 7.7. Xinjiang Wujiaqu Xingnong Cycle Chemical Co. Ltd. 7.7.1. Company Overview 7.7.2. Financial Performance 7.7.3. Product Benchmarking 7.7.4. Strategic Initiatives 7.8. Changzhou Niutang Chemical Plant Co. Ltd. 7.8.1. Company Overview 7.8.2. Financial Performance 7.8.3. Product Benchmarking 7.8.4. Strategic Initiatives 7.9. Shandong Xinfa Pharmaceutical Co., Ltd. 7.9.1. Company Overview 7.9.2. Financial Performance 7.9.3. Product Benchmarking 7.9.4. Strategic Initiatives 7.10. Hebei Jiheng Group Pharmacy Co Ltd 7.10.1. Company Overview 7.10.2. Financial Performance 7.10.3. Product Benchmarking 7.10.4. Strategic Initiatives
List of Tables Table 1. Folic Acid- Key market driver analysis Table 2. Folic Acid- Key market restraint analysis Table 3. Global Folic Acid Demand by Application, 2014 - 2025 (Metric Tons) Table 4. Global Folic Acid Demand by Application, 2014 - 2025 (USD Million) Table 5. Food & Beverages Folic Acid demand, 2014 - 2025 (Metric Tons) (USD Million) Table 6. Food & Beverages Folic Acid demand, by region, 2014 - 2025 (Metric Tons) Table 7. Food & Beverages Folic Acid demand, 2014 - 2025 (USD Million) Table 8. Pharmaceuticals Folic Acid demand, 2014 - 2025 (Metric Tons) (USD Million) Table 9. Pharmaceuticals Folic Acid demand, by region, 2014 - 2025 (Metric Tons) Table 10. Pharmaceuticals Folic Acid demand, by region, 2014 - 2025 (USD Million) Table 11. Nutraceuticals Acid demand, 2014 - 2025 (Metric Tons) (USD Million) Table 12. Nutraceuticals Folic Acid demand, by region, 2014 - 2025 (Metric Tons) (USD Million) Table 13. Nutraceuticals Folic Acid demand, 2014 - 2025 (USD Million) Table 14. Others Folic Acid demand, 2014 - 2025 (Metric Tons) (USD Million) Table 15. Others Folic Acid demand, by region, 2014 - 2025 (Metric Tons) Table 16. Others Folic Acid demand, 2014 - 2025 (USD Million) Table 17. Global Folic Acid demand by region, 2014 - 2025 (Metric Tons) Table 18. Global Folic Acid and by region, 2014 - 2025 (USD Million) Table 19. North America Folic Acid market, 2014 - 2025 (Metric Tons) (USD Million) Table 20. North America Folic Acid market, by Application, 2014 - 2025 (Metric Tons) Table 21. North America Folic Acid market, by Application, 2014 - 2025 (USD Million) Table 22. U.S. Folic Acid market, 2014 - 2025 (Metric Tons) (USD Million) Table 23. U.S Folic Acid market, by Application, 2014 - 2025 (Metric Tons) Table 24. U.S Folic Acid market, by Application, 2014 - 2025 (USD Million) Table 25. Europe Folic Acid market, 2014 - 2025 (Metric Tons) (USD Million) Table 26. Europe Folic Acid market, by Application, 2014 - 2025 (Metric Tons) Table 27. Europe Folic Acid market, by Application, 2014 - 2025 (USD Million) Table 28. Germany Folic Acid market, 2014 - 2025 (Metric Tons) (USD Million) Table 29. Germany Folic Acid market, by Application, 2014 - 2025 (Metric Tons) Table 30. Germany Folic Acid market, by Application, 2014 - 2025 (USD Million) Table 31. France Folic Acid market, 2014 - 2025 (Metric Tons) (USD Million) Table 32. France Folic Acid market, by Application, 2014 - 2025 (Metric Tons) Table 33. France Folic Acid market, by Application, 2014 - 2025 (USD Million) Table 34. U.K. Folic Acid market, 2014 - 2025 (Metric Tons) (USD Million) Table 35. U.K. Folic Acid market, by Application, 2014 - 2025 (Metric Tons) Table 36. U.K. Folic Acid market, by Application, 2014 - 2025 (USD Million) Table 37. Italy Folic Acid market, 2014 - 2025 (Metric Tons) (USD Million) Table 38. Italy Folic Acid market, by Application, 2014 - 2025 (Metric Tons) Table 39. Italy Folic Acid market, by Application, 2014 - 2025 (USD Million) Table 40. Spain Folic Acid market, 2014 - 2025 (Metric Tons) (USD Million) Table 41. Spain Folic Acid market, by Application, 2014 - 2025 (Metric Tons) Table 42. Spain Folic Acid market, by Application, 2014 - 2025 (USD Million) Table 43. Asia Pacific Folic Acid market, 2014 - 2025 (Metric Tons) (USD Million) Table 44. Asia Pacific Folic Acid market, by Application, 2014 - 2025 (Metric Tons) Table 45. Asia Pacific Folic Acid market, by Application, 2014 - 2025 (USD Million) Table 46. China Folic Acid market, 2014 - 2025 (Metric Tons) (USD Million) Table 47. China Folic Acid market, by Application, 2014 - 2025 (Metric Tons) Table 48. China Folic Acid market, by Application, 2014 - 2025 (USD Million) Table 49. India Folic Acid market, 2014 - 2025 (Metric Tons) (USD Million) Table 50. India Folic Acid market, by Application, 2014 - 2025 (Metric Tons) Table 51. India Folic Acid market, by Application, 2014 - 2025 (USD Million) Table 52. Japan Folic Acid market, 2014 - 2025 (Metric Tons) (USD Million) Table 53. Japan Folic Acid market, by Application, 2014 - 2025 (Metric Tons) Table 54. Japan. Folic Acid market, by Application, 2014 - 2025 (USD Million) Table 55. Australia Folic Acid market, 2014 - 2025 (Metric Tons) (USD Million) Table 56. Australia Folic Acid market, by Application, 2014 - 2025 (Metric Tons) Table 57. Australia Folic Acid market, by Application, 2014 - 2025 (USD Million) Table 58. Middle East Africa Folic Acid market, 2014 - 2025 (Metric Tons) (USD Million) Table 59. Middle East Africa Folic Acid market, by Application, 2014 - 2025 (Metric Tons) Table 60. Middle East Africa Folic Acid market, by Application, 2014 - 2025 (USD Million) Table 61. Central and South America Folic Acid market, 2014 - 2025 (Metric Tons) (USD Million) Table 62. Central and South America Folic Acid market, by Application, 2014 - 2025 (Metric Tons) Table 63. Central and South America Folic Acid market, by Application, 2014 - 2025 (USD Million)
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