Global Folic Acid Market 2018-2022 | Increasing Prevalence of Chronic Disorders to Boost Demand | Technavio

LONDON–(BUSINESS WIRE)–#FolicAcidTechnavio
analysts forecast the global folic acid market to grow at a CAGR of over 4%
during the forecast period, according to their latest market research

The growing e-commerce platform is one of the major trends being
witnessed in the global
folic acid market 2018-2022
. Online sales of vitamins increased
dramatically in recent years, which was mainly due to the retailer’s
efforts in improving the online shopping experience through better
online education and targeted marketing. For instance, Amazon sells
folic acid to the consumers in more than 50 demographic locations.

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According to Technavio analysts, one of the key factors contributing to
the growth of the global folic acid market is the high medical value of
folic acid:

Global folic acid market: High medical value of
folic acid

Folic acid is a fully oxidized monoglutamate form of the folate. It is a
water-soluble vitamin and is used in dietary supplements and fortified
foods. Folic acid is needed in the human body for cell replication and
growth. It helps in the formation of DNA and RNA. RNA is needed for
protein synthesis of the cells, which is very important for the body.
Therefore, rapidly growing tissues such as fetus and rapidly generating
cells such as red blood cells and immune cells have a very high need for
folic acid.

According to a senior analyst at Technavio for research on life science
research tools, “Folic acid supplements are essential for pregnant
women and also for the women who are planning to become pregnant. Folic
acid reduces the risk of congenital disabilities of a baby’s brain and
spine such as a spina bifida and anencephaly by 50% or more.”

Global folic acid market: Segmentation analysis

The global folic acid market research report provides market
segmentation by application (pharmaceutical, nutraceutical, and others)
and by region (the Americas, EMEA, and APAC). It provides an in-depth
analysis of the prominent factors influencing the market, including
drivers, opportunities, trends, and industry-specific challenges.

Of the two major applications, the pharmaceutical segment held the
largest market share in 2017, contributing to over 43% of the market.
This application segment will dominate the global market throughout the
forecast period.

The Americas held the largest share of the market in 2017, accounting
for close to 40% share, followed by EMEA and APAC respectively. The
region is expected to retain its dominant position during the forecast

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Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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