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Folic Acid Global Market Key Developments, Outlook, 2016 Analysis & Forecast to 2022

(AsiaNewsWire.Net, December 07, 2017 ) According to Publisher, the Global Folic Acid market is expected to grow from $1.807 billion in 2016 to reach $2.438 billion by 2022 with a CAGR of 5.1%. Rising demand for folic acid which is applicable in pharmaceutics & food and beverages, increasing demand for dietary supplements and growing urbanization are some of the major factors propelling the market growth. In addition, high doses of folic acid resulting in vitamin B12 deficiency are one of the major factors hindering the market growth.

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By application, Nutraceuticals segment leads the market globally as folic acid is widely used in nutritional therapy to cure urinary and cardiovascular disorders and to treat nervous systems. The Asia Pacific region is expected to witnessing highest growth rate followed by North America due to increasing demand for health awareness as folic acid is extensively used in pharmaceutics.

Some of the key players in global folic acid market include Koninklijke DSM N.V, Medicamen Biotech Ltd, BASF SE, Zydus Pharmaceuticals Ltd, Emcure Pharmaceuticals Ltd, Jiangxi Tianxin Pharmaceutical Co. Ltd, Xinjiang Wujiaqu Xingnong Cycle Chemical Co. Ltd, Changzhou Niutang Chemical Plant Co. Ltd, Shandong Xinfa Pharmaceutical Co., Ltd, and Hebei Jiheng Group Pharmacy Co Ltd.

Applications Covered:
-Food & Beverages
-Others applications

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Form Types Covered:
-Soft Gels
-Other form types

Source Types Covered:
-Other source types

Regions Covered:
-North America-US-Canada-Mexico
-Europe-Germany-France-Italy-UK -Spain -Rest of Europe
-Asia Pacific-Japan-China-India-Australia-New Zealand-Rest of Asia Pacific
-Rest of the World-Middle East-Brazil-Argentina-South Africa-Egypt

Company Profiling
10.1 Koninklijke DSM N.V.
10.2 Medicamen Biotech Ltd.
10.3 BASF SE
10.4 Zydus Pharmaceuticals Ltd.
10.5 Emcure Pharmaceuticals Ltd
10.6 Jiangxi Tianxin Pharmaceutical Co. Ltd.
10.7 Xinjiang Wujiaqu Xingnong Cycle Chemical Co. Ltd.
10.8 Changzhou Niutang Chemical Plant Co. Ltd.
10.9 Shandong Xinfa Pharmaceutical Co., Ltd.
10.10 Hebei Jiheng Group Pharmacy Co Ltd

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Rajat Sahni


Source: EmailWire.Com

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