Folic acid is a vitamin B9 and is a type of which is recognized as
folate and is type of vitamins B. Folic acid is used as a nutritional
supplement by women to avoid neural tube imperfections developing
during the time of pregnancy. In addition, folic acid is used for the
treatment of anemia caused by folic acid insufficiency. Folic acid is
a kind of long term supplementation which is also related with small
amount of reductions in the risk of cardiovascular stroke and
disease. Folic acid is taken through mouth or by injection to fulfill
the nutritional deficiency in human body.
Download
PDF Brochure @
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=18179
The
major factors driving the growth of folic acid market are growing
demand of dietary supplements and growing usage of folic acid in a
wide range of applications ranging from food & beverages to
pharmaceutical rising health awareness among consumers regarding
consumption of healthy food, rising disposable income and increasing
urbanization. Moreover, as folic acid is vital for proper functioning
of brain and plays a key role in emotional and mental health. It
supports in the production of RNA and DNA, the human body essential
genetic material, and is mainly important when tissues and cells are
growing rapidly like in adolescence, infancy, and pregnancy. In
addition, folic acid works narrowly with vitamin B12 help iron work
properly in the body and to make red blood cells. On the other hand,
major factors restraining the growth of folic acid market is high
doses over a long period of time are of concern. There are concerns
that large amounts of folic acid might hide vitamin B12 deficiency.
Regarding
geography, folic acid market has been categorized into seven key
regions including North America, Western Europe, Eastern Europe,
APEJ, Japan, Latin America, and the Middle East & Africa. Folic
acid market is expected to register healthy CAGR during the forecast
period. Asia-Pacific represents the significantly high market share
and grow with comparatively high CAGR in forecast period. The demand
of folic acid is rising rapidly due the reason that addition of
vitamin B9 powder in food grains and pulses to increase folic acid
food fortification has been made compulsory in many developed
economies such as the U.S., New Zealand, UK, and Australia. In
addition, rise in per capita income also supports the growth of folic
acid market in this region. The existence of stringent regulation
about consumption of additional nutraceuticals along with proper diet
has been responsible for demand of folic acid market. Moreover,
favorable regulations and amendments by the European Union are
expected to drive the regional growth over the forecast period. The
folic acid market is projected to register healthy growth due
increasing end-user application across globe and increasing growth of
dietary supplements market. Folic
acid market for Asia Pacific is also expected to witness
rapid growth during the forecast period primarily attributed to the
growth of demand of nutritional food products and rising awareness
for healthy food, especially in China and India. Moreover,
advancements in the food service and food processing industry drive
in new opportunities for folic acid market players in the region.
Folic
Acid Market: Key Players
Some
of the key players identified in the folic acid market are:-
- BASF SE
- Zydus Pharmaceuticals Ltd.
- Medicamen Biotech Ltd.
- Jiangxi Tianxin Pharmaceutical Co. Ltd.
- DSM N.V.
- Emcure Pharmaceuticals Ltd.
- Others
No comments:
Post a Comment