Product introduction and market trends for Folic Acid
Description for Folic Acid:
Folic acid is the natural form of Vitamin B9, water-soluble and naturally found in many foods. It is also added to foods and sold as a supplement in the form of folic acid; this form is actually better absorbed than that from food sources—85% vs. 50%, respectively. Folic acid helps to form DNA and RNA and is involved in protein metabolism. It plays a key role in breaking down homocysteine, an amino acid that can exert harmful effects in the body if it is present in high amounts. Folic acid is also needed to produce healthy red blood cells and is critical during periods of rapid growth, such as during pregnancy and fetal development.
Food Sources for Folic acid:
A wide variety of foods naturally contain folic acid, but the form that is added to foods and supplements, folic acid, is better absorbed. Good sources of folic acid include:
- Dark green leafy vegetables (turnip greens, spinach, romaine lettuce, asparagus etc.)
- Beans
- Peanuts
- Sunflower seeds
- Fresh fruits, fruit juices
- Whole grains
- Liver
- Aquatic foods
- Eggs
- Fortified foods and supplement
Market trends for Folic Acid
| The market size value in 2022 | USD 702.6 Million |
| Market forecast value in 2032 | USD 1122.9 Million |
| Forecast period | 2022 to 2032 |
| Global growth rate (CAGR) | 4.8% |
| The growth rate of Australia in the Folic acid market | 2.6% |
Note:Data source from well-known analysis institutions
The international Folic acid market is anticipated to grow at a CAGR of 4.8% over the course of the estimated period, according to a report by Future Market Insights. The market is expected to be worth USD 1,122.9 Million in 2032 as opposed to USD 702.6 Million in 2022, according to forecasts.
Post time: Nov-23-2023