Global Folic Acid in Food Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Tablets, Soft Gels, Lozenges, Others, Vegetables, Fruits, and Others.

By Source Type;

Vegetables, Fruits, and Others.

By Application;

Food and Beverages, Dietary Supplements, Pharmaceutical, Nutraceuticals, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn764898685 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Folic Acid in Food Market (USD Million), 2021 - 2031

In the year 2024, the Global Folic Acid in Food Market was valued at USD 949.56 million. The size of this market is expected to increase to USD 1,658.75 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.3%.

The global folic acid in food market is experiencing steady growth driven by increasing awareness of its health benefits, particularly in prenatal care and preventing neural tube defects in newborns. Folic acid, a synthetic form of folate (vitamin B9), is crucial for cell division and DNA synthesis, making it essential for fetal development during pregnancy. This nutrient is widely added to staple food products such as cereals, bread, and flour in many countries as part of public health initiatives to enhance maternal and child health outcomes.

In recent years, the market has seen significant expansion due to rising healthcare expenditures and government efforts to address nutritional deficiencies. The fortification of food with folic acid has become a common practice, particularly in regions where dietary intake may be insufficient. This approach has been instrumental in reducing birth defects and improving overall population health.

The growing aging population worldwide has also contributed to the market's growth, as folic acid is recognized for its role in maintaining cognitive health and reducing the risk of chronic diseases such as cardiovascular conditions. Increasing consumer awareness about the benefits of a diet rich in folate has further fueled demand for fortified foods and dietary supplements containing folic acid.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Source Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Folic Acid in Food Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health awareness
        2. Fortification programs
        3. Rising vegan population
        4. Nutritional supplements demand
        5. Government regulations
      2. Restraints
        1. Overconsumption risks
        2. Regulatory limitations
        3. Supply chain disruptions
        4. Allergic reactions
        5. Price fluctuations
      3. Opportunities
        1. Emerging markets expansion
        2. Product innovation
        3. Functional food formulations
        4. Online retail growth
        5. Health-conscious consumer trends
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Folic Acid in Food Market, By Type, 2021 - 2031 (USD Million)
      1. Tablets
      2. Soft Gels
      3. Lozenges
      4. Others
      5. Vegetables
      6. Fruits
      7. Others
    2. Global Folic Acid in Food Market, By Source Type, 2021 - 2031 (USD Million)
      1. Vegetables
      2. Fruits
      3. Others
    3. Global Folic Acid in Food Market, By Application, 2021 - 2031 (USD Million)
      1. Food and Beverages
      2. Dietary Supplements
      3. Pharmaceutical
      4. Nutraceuticals
      5. Others
    4. Global Folic Acid in Food Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Koninklijke DSM N.V
      3. Nature's Bounty Co
      4. Pfizer Inc
      5. Wright Enrichment Inc
      6. Zydus Cadila
      7. Jiangxi Tianxin Pharmaceutical Co., Ltd
      8. Medicamen Biotech Ltd
      9. Emcure Pharmaceuticals Ltd
      10. Xinfa Pharmaceutical Co., Ltd
  7. Analyst Views
  8. Future Outlook of the Market