The Global Folic Acid market is forecast to reach USD 1.07 Billion by 2027, according to a new report by Reports and Data. Folic acid may be referred to as the synthetic form of vitamin B9. It is also known as pteroylmonoglutamic acid. The rising awareness about the health impact due to the deficiency of this vitamin like anemia, mouth ulcer, among others, is supporting the market growth. Increasing awareness about women health and care during pregnancy is also fostering sector growth. The consumption of this acid in the required amount prior and at the time of pregnancy helps in preventing neural tube defects along with spinal bifida. Its intake in high doses prior and at the time of the first trimester reduces the risk of miscarriages. Apart from its use in the healthcare sector, it is also used in processed food products and supplements. Its supplements can be used for treating the deficiency of folate, and it is also helpful in treating leg ulcers and certain menstrual issues.
In regards to region, North America can be seen to hold a considerable share of the market. The market share held by the region is attributed to high awareness about the adverse impact of deficiency of this vitamin and associated high demand for nutritional supplements, supporting the expansion of the market in this region.
The chief players involved in the Folic Acid Market:
Zydus Pharmaceuticals Ltd., BASF SE, Jiangxi Tianxin Pharmaceutical Co. Ltd., Medicamen Biotech Ltd., Emcure Pharmaceuticals Ltd, DSM N.V, Shandong Xinfa Pharmaceutical Co., Ltd., Changzhou Kangrui., Niutang, Jiheng Pharmaceutical and Xinjiang Wujiaqu Xingnong Cycle Chemical Co. Ltd.
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The Folic Acid market report provides thoroughly examined policy changes, industry insights, circumstances, developments, and recent market trends. The report includes all-inclusive details obtained from secondary research with reference to press releases, websites, magazines, and journals. Additionally, the report gives a clear understanding of the market through various graphs, tables, pie-charts, and figures. Information about market growth includes a study of technological advancements, market capacity, raw materials, and market structure of the Folic Acid sector.
Moreover, the report analyzes the Folic Acid market in detail by examining the growth data established from past, present, and future estimations. Information about key players and Folic Acid industry will help understand the market course of Folic Acid market throughout the forecast period. Data on recent mergers, acquisitions, product launches, and business expansions of the valuable players of the market provides additional insight.
For the purpose of this report, Reports and Data has segmented the Folic Acid market on the basis of products, technologies, applications, end-use, and region:
Products Outlook (Revenue in Million USD; 2016–2026)
- Body Reconstruction Products
- Fracture and Ligament Repair Products
- Arthroscopy Devices
- Prosthetic Devices
- Body Support and Recovery Products
- Braces and Supports
- Compression Clothing
- Physiotherapy Equipment
- Thermal Therapy
- Other Therapies
- Ultrasound Therapy
- Laser Therapy
Applications Outlook (Revenue in Million USD; 2016–2026)
- Knee Injuries
- Shoulder Injuries
- Foot and Ankle Injuries
- Elbow and Wrist Injuries
- Back and Spine Injuries
- Hip and Groin Injuries
- Other Injuries
Body Monitoring and Evaluation Devices Outlook (Revenue in Million USD; 2016–2026)
- Cardiac monitoring and evaluation devices
- Respiratory monitoring and evaluation devices
- Hemodynamic monitoring and evaluation devices
- Musculoskeletal monitoring and evaluation devices
End use outlook (Revenue in Million USD; 2016–2026)
- Physiotherapy clinics
- Rehab centers
Significant highlights from the Folic Acid Market report:
The report includes revenue estimation and information about the market capacity to help understand and evaluate numbers for key segments of the Folic Acid market. Furthermore, it consists of information about individual segments of the Folic Acid market based on the types and applications.
The market is further categorized into types and applications in the research report. The report also contains data about raw materials, upstream and downstream processes, and manufacturing processes applied in the market.
The report puts an emphasis on the information regarding the key players with a special focus on their company profile, business overview, recent advancements, product catalog, and prevalent strategies.
Major benefits of the Folic Acid report:
- The report discusses in detail the changing dynamics of the competitive landscape.
- The report examines growth prospects, factors driving the growth of the market, and limitations affecting the market growth.
- The report gives a comprehensive analysis of the changing dynamics of the market owing to the current scenario.
- The report encompasses a detailed forecast for the years 2020-2027.
- The report provides valuable insights on key market growth driving trends and monetary competence in the forecast timeline.
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