Folate Market Size, Share, and Trends 2024 to 2034

The global folate market size is calculated at USD 1042.17 million in 2025 and is forecasted to reach around USD 1787.55 million by 2034, accelerating at a CAGR of 6.15% from 2025 to 2034. The North America folate market size surpassed USD 403.49 million in 2024 and is expanding at a CAGR of 6.24% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Million), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1236
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Folate Market 

5.1. COVID-19 Landscape: Folate Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Folate Market, By Type

8.1. Folate Market, by Type

8.1.1 5-MTHF Calcium Salt

8.1.1.1. Market Revenue and Forecast 

8.1.2. 5-MTHF Glucosamine Salt

8.1.2.1. Market Revenue and Forecast 

Chapter 9. Global Folate Market, By Form

9.1. Folate Market, by Form

9.1.1. Tablets

9.1.1.1. Market Revenue and Forecast 

9.1.2. Capsules

9.1.2.1. Market Revenue and Forecast 

9.1.3. Powder

9.1.3.1. Market Revenue and Forecast 

9.1.4. Lozenges

9.1.4.1. Market Revenue and Forecast 

9.1.5. Gummies

9.1.5.1. Market Revenue and Forecast

9.1.6. Others

9.1.6.1. Market Revenue and Forecast

Chapter 10. Global Folate Market, By End-User

10.1. Folate Market, by End-User

10.1.1. Food & Beverages

10.1.1.1. Market Revenue and Forecast 

10.1.2. Pharmaceuticals & Nutraceuticals

10.1.2.1. Market Revenue and Forecast 

10.1.3. Agriculture & Feed

10.1.3.1. Market Revenue and Forecast 

10.1.4. Others

10.1.4.1. Market Revenue and Forecast 

Chapter 11. Global Folate Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Type 

11.1.2. Market Revenue and Forecast, by Form 

11.1.3. Market Revenue and Forecast, by End-User 

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Type 

11.1.4.2. Market Revenue and Forecast, by Form 

11.1.4.3. Market Revenue and Forecast, by End-User 

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Type 

11.1.5.2. Market Revenue and Forecast, by Form 

11.1.5.3. Market Revenue and Forecast, by End-User 

11.2. Europe

11.2.1. Market Revenue and Forecast, by Type 

11.2.2. Market Revenue and Forecast, by Form 

11.2.3. Market Revenue and Forecast, by End-User 

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Type 

11.2.4.2. Market Revenue and Forecast, by Form 

11.2.4.3. Market Revenue and Forecast, by End-User 

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Type 

11.2.5.2. Market Revenue and Forecast, by Form 

11.2.5.3. Market Revenue and Forecast, by End-User 

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Type 

11.2.6.2. Market Revenue and Forecast, by Form 

11.2.6.3. Market Revenue and Forecast, by End-User 

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Type 

11.2.7.2. Market Revenue and Forecast, by Form 

11.2.7.3. Market Revenue and Forecast, by End-User 

11.3. APAC

11.3.1. Market Revenue and Forecast, by Type 

11.3.2. Market Revenue and Forecast, by Form 

11.3.3. Market Revenue and Forecast, by End-User 

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Type 

11.3.4.2. Market Revenue and Forecast, by Form 

11.3.4.3. Market Revenue and Forecast, by End-User 

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Type 

11.3.5.2. Market Revenue and Forecast, by Form 

11.3.5.3. Market Revenue and Forecast, by End-User 

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Type 

11.3.6.2. Market Revenue and Forecast, by Form 

11.3.6.3. Market Revenue and Forecast, by End-User 

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Type 

11.3.7.2. Market Revenue and Forecast, by Form 

11.3.7.3. Market Revenue and Forecast, by End-User 

11.4. MEA

11.4.1. Market Revenue and Forecast, by Type 

11.4.2. Market Revenue and Forecast, by Form 

11.4.3. Market Revenue and Forecast, by End-User 

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Type 

11.4.4.2. Market Revenue and Forecast, by Form 

11.4.4.3. Market Revenue and Forecast, by End-User 

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Type 

11.4.5.2. Market Revenue and Forecast, by Form 

11.4.5.3. Market Revenue and Forecast, by End-User 

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Type 

11.4.6.2. Market Revenue and Forecast, by Form 

11.4.6.3. Market Revenue and Forecast, by End-User 

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Type 

11.4.7.2. Market Revenue and Forecast, by Form 

11.4.7.3. Market Revenue and Forecast, by End-User 

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Type 

11.5.2. Market Revenue and Forecast, by Form 

11.5.3. Market Revenue and Forecast, by End-User 

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Type 

11.5.4.2. Market Revenue and Forecast, by Form 

11.5.4.3. Market Revenue and Forecast, by End-User 

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Type 

11.5.5.2. Market Revenue and Forecast, by Form 

11.5.5.3. Market Revenue and Forecast, by End-User 

Chapter 12. Company Profiles

12.1. Medicamen Biotech Ltd.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Koninklijke DSM N.V

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Superior Supplement Manufacturing

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Gnosis SPA

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Seidler Chemical Co, Inc.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Nutritional Supplement Manufacturers, Inc.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Shandong Xinfa Pharmaceutical Co.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. AIE Pharmaceuticals, Inc.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Hebei Jiheng Group Pharmacy Co Ltd.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Changzhou

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

According to Precedence Research, the global folate market size was valued at USD 984.11 million in 2024 and is anticipated to hit over USD 1787.55 million by 2034.

Folate is vitamin B9 well-known for its role in supporting a healthy pregnancy along with the fetal development. As a main ingredient for anemia prevention, it is also commonly used in the pharmaceutical industry. Folate is used by women as a dietary supplement to prevent the creation of neural tube imperfections during pregnancy. It is a form of long-term supplementation that is also associated with minor reductions in the risk of cardiovascular disease and stroke. A major factor driving demand for the consumption of folate-based products and the internal growth of the target industry is increasing health consciousness among consumers worldwide. In addition, the main factor for the growth of the folate market is increase in female fertility rates, particularly in the Asia-Pacific region.

The global folate market is rising with a CAGR of 6.15% during the forecast period 2025 to 2034.

The 5-MTHF calcium salt folate segment is expected to dominate in terms of revenue over the forecast time frame and expected to continue its growth in the near future.

In 2024, North America conquered the global market with a market share of more than 41%.

Asia Pacific is expected to register the fast growth rate, on account of increasing huge investment by key market players and growing adoption of the folate in the medical industries of the region.

The crucial factors accountable for folate market growth are growing demand for folic acid in nutraceuticals and pharmaceuticals industries, health awareness among consumers and increasing adoption of folic acid for reduction of risk of neural tube birth defects and to treat kidney diseases.

The key companies functioning in the worldwide folate are Medicamen Biotech Ltd.Koninklijke DSM N.V, Superior Supplement Manufacturing, Gnosis SPA, Seidler Chemical Co, Inc. Nutritional Supplement Manufacturers, Inc. Shandong Xinfa Pharmaceutical Co. AIE Pharmaceuticals, Inc. Hebei Jiheng Group Pharmacy Co Ltd. Changzhou,Niutang Chemical Plant Co. Ltd. Jiangxi Tianxin Pharmaceutical Co. Ltd. BASF SE, HEMA PHARMACEUTICALS PVT. LTD. Merck, Gemini Pharmaceuticals, Inc. Emcure Pharmaceuticals Ltd. Nantong Changhai Food Additive among others.

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