What are the recent trends in market size and growth for the folate market?
The folate market size has grown strongly in recent years. It will grow from $2.49 billion in 2024 to $2.71 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to rising awareness of the health benefits of folate in preventing birth defects and supporting overall health, increasing consumption of fortified foods and dietary supplements containing folate, growing prevalence of conditions related to folate deficiency, such as neural tube defects and anemia, rising healthcare initiatives promoting folate supplementation among pregnant women and increasing research and clinical studies.
The folate market size is expected to see strong growth in the next few years. It will grow to $3.74 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to growing demand for fortified foods and dietary supplements as part of preventive healthcare, increasing prevalence of chronic diseases that benefit from folate, such as cardiovascular diseases and certain cancers, rising awareness about the role of folate in mental health and cognitive function, expanding applications of folate in personalized nutrition and tailored health solutions and increasing government and healthcare initiatives promoting folate supplementation in public health programs. Major trends in the forecast period include enhanced fortification of foods with folate, including new and innovative products, growing market for personalized folate supplements tailored to individual health needs, advancements in technology for improved folate delivery and absorption in supplements, digital health tools to track.
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How have varous drivers impacted the growth of the folate market?
The growing demand for nutritional supplements is expected to propel the growth of the folate market going forward. A nutritional supplement is a product designed to provide nutrients that may be missing or insufficient in a person’s diet. Consumers increasingly prioritize health and wellness, driving demand for dietary supplements, especially those containing essential vitamins like folate. Folate plays a critical role in preventing birth defects, supporting cell function, and reducing the risks of chronic diseases, making it a popular ingredient in prenatal vitamins and other health products. For instance, according to Armor Proteines, a France-based manufacturer of nutritional and functional dairy ingredients, in 2022, France nutritional supplement revenues reached $2.87 billion, marking a 3% increase compared to 2021. Therefore, growing demand for nutritional supplements is driving the folate market.
What are the primary segments of the folate market?
The folate market covered in this report is segmented –
1) By Type: 5-Methyltetrahydrofolate (MTHF) Calcium Salt, 5-Methyltetrahydrofolate (MTHF) Glucosamine Salt
2) By Source: Fruit, Milk, Green Vegetables, Liver, Seafood
3) By Form: Tablets, Capsules, Powder, Lozenges, Gummies, Other Forms
4) By Application: Food Industry, Nutraceuticals, Pharmaceuticals
5) By End User: Fortified Foods, Baby Foods, Supplements
Subsegments:
1) By 5-Methyltetrahydrofolate (MTHF) Calcium Salt: Pharmaceutical Grade MTHF Calcium Salt, Nutraceutical Grade MTHF Calcium Salt, Food Grade MTHF Calcium Salt, Specialty MTHF Calcium Salt Formulations
2) By 5-Methyltetrahydrofolate (MTHF) Glucosamine Salt: Pharmaceutical Grade MTHF Glucosamine Salt, Nutraceutical Grade MTHF Glucosamine Salt, Food Grade MTHF Glucosamine Salt, Specialty MTHF Glucosamine Salt Formulations
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Which firms are leading the folate market?
Major companies operating in the folate market are BASF SE, Merck KGaA, DSM Nutritional Products, Shandong Xinhua Pharmaceutical Co., Lincoln Pharmaceuticals Ltd., Nature’s Bounty Co, Jiangxi Tianxin Pharmaceutical Co. Ltd., Zydus Cadila Healthcare Ltd., Jubilant Pharmova Ltd., Emcure Pharmaceuticals Ltd., Pharmavite LLC, Niutang Chemical Plant Co. Ltd., Gemini Pharmaceuticals Inc., Synokem Pharmaceuticals Ltd., ITM Isotope Technologies Munich SE, NattoPharma ASA, D.S. Lab, Gnosis by Lesaffre, Gnosis SPA, AIE Pharmaceuticals Inc., Hebei Jiheng Group Pharmacy Co. Ltd., Seidler Chemical Co. Inc., Superior Supplement Manufacturing
How will industry trends affect the trajectory of the folate market?
Major companies operating in the folate market are developing innovative products, such as choline-enriched folate, to enhance the nutritional benefits of folate supplements, improve cognitive function, and support overall brain health. Choline-enriched folate refers to a dietary supplement or fortified product that combines folate (vitamin B9) with choline, a vital nutrient that supports brain function, liver health, and cellular membrane integrity. For instance, in June 2024, Balchem, a US-based manufacturer of specialty ingredients for human nutrition and health, launched Optifolin+. This ingredient features patented L-5-methylfolate with 98% active methylating nutrients, providing seven times the methyl groups found in other folate products. It enhances stability, solubility, shelf life, and performance for easier product development. Additionally, Optifolin+ supports DNA and RNA synthesis, red blood cell formation, and brain health and helps maintain healthy homocysteine levels.
Which geographic trends are shaping the folate market, and which region has the highest market share?
North America was the largest region in the folate market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the folate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Folate Market Report 2025 Offer?
The folate market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Folate is a water-soluble B vitamin (vitamin B9) that is crucial for Deoxyribonucleic acid (DNA) synthesis, cell division, and proper fetal development during pregnancy. It naturally occurs in leafy green vegetables, legumes, and citrus fruits. Folate is also available in synthetic form as folic acid in dietary supplements and fortified foods, helping to prevent deficiencies and support overall health.
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