The Global ferulic acid market shows growth from USD 207.7 million in 2020 to USD 295.3 million in 2025, reflecting a 6.8% CAGR. Industry projections indicate a 7.9% CAGR will elevate the market to USD 631.7 million by 2035.
The global ferulic acid market is a constantly changing sector owing to its applications in pharmaceuticals, food products and cosmetics. Ferulic acid, which is largely obtained from rice and wheat bran, is increasingly being used for its ability to work as an antioxidant.
The industry is fascinating with different approaches as shown by some manufacturers employing traditional extraction processes while some employing synthetic means. Ferulic acid is primarily produced in China for it has sufficient raw material and an appropriately skilled labor force. However, the West and Japan still dominate in the use of advanced technology and high-end applications respectively for Ferulic Acid.
The rising demand for an anti-ageing cream is predicted to propel the global ferulic acid market forward. Ferulic acid is also utilized as a preservative in the food industry in some areas. Naturally, the antioxidant property is not restricted to preventing wrinkles; it also battles cancer and aids in the treatment of diabetes.
Ferulic acid has a wide range of biological activities including anti-inflammatory, transcription factor stimulation, antimicrobial, metal chelation, anti-allergic, antithrombotic, elevated sperm viability, signal transduction, enzyme activity attenuation, and gene expression. These adaptable properties will undoubtedly garner the pharmaceutical sector, cruising the ferulic acid market to a great extent.
Key Takeaways from the Global Folic Acid Market Study:
- The global Folic Acid market is estimated at a value of USD 771.7 million in 2024.
- Sales of Folic Acid increased at 3.7% CAGR between 2019 and 2023.
- The USA is projected to hold a revenue share of 26.1% over the forecast period.
- China holds a 17.3% share of the global market for Folic Acid.
“The global folic acid market is witnessing steady growth, driven by increasing demand in pharmaceuticals and nutraceuticals. Rising awareness about folic acid’s health benefits, particularly for prenatal care, further boosts market expansion,” says Nandini Roy Choudhury, Client Partner at Future Market Insights.
Prominent Drivers of the Folic Acid Market
- Rising Prevalence of Nutritional Deficiencies
Folic acid, a key B-vitamin, plays a crucial role in cell production and tissue growth. Its supplementation is widely recommended, especially for pregnant women, to prevent neural tube defects in newborns.
- Growing Demand in the Pharmaceutical Industry
Folic acid is used extensively in the pharmaceutical industry, where it is incorporated into multivitamins and dietary supplements. With the increasing emphasis on preventive healthcare, the demand for folic acid-enriched medicines and supplements is on the rise.
- Rising Health Consciousness and Fortified Foods
Growing consumer awareness about the importance of a balanced diet and essential nutrients has led to a surge in demand for fortified foods. Folic acid is commonly added to food products such as flour, cereals, and bread to address nutrient deficiencies in populations.
- Increased Prevalence of Birth Defects
Health organizations worldwide, including the World Health Organization (WHO), recommend folic acid supplements for women of childbearing age to reduce the risk of birth defects.
- Technological Advancements in Supplement Manufacturing
Innovations in the production of supplements, including advancements in encapsulation technologies and improved bioavailability of folic acid products, are further supporting market expansion.
- Government Regulations and Public Health Initiatives
Governments around the world are mandating folic acid fortification in staple foods to address public health concerns.
Competition Outlook
The global folic acid market is highly competitive, with leading companies employing a range of strategies to strengthen or expand their market share. Key approaches include mergers and acquisitions, allowing companies to broaden their product offerings and extend their geographical reach.
For instance,
- Koninklijke DSM N.V. Expands Product Portfolio with New Folic Acid Formulations and Advanced Delivery Methods to Meet Growing Nutraceutical and Pharmaceutical Demand
- BASF SE Launches Enhanced Folic Acid Products in 2022, Focusing on Improved Bioavailability and Stability for Fortified Foods and Dietary Supplements
Leading Folic Acid Brands
- BASF SE
- DSM N.V.
- Jiangxi Tianxin Pharmaceutical Co. Ltd
- Emcure Pharmaceuticals Ltd.
- Zydus Pharmaceuticals Ltd.
- Medicamen Biotech Ltd.
- Hebei Jiheng Pharmaceutical Co., Ltd.
- Hema Pharmaceuticals Pvt. Ltd.
- Pfizer Inc.
- Superior Supplement Manufacturing
- Others
Key Segments of Market Report
By Application Type:
As per Application Type, the industry is categorized into Pharmaceuticals, Nutraceuticals, Food, and Beverages.
By Source:
As per Source, the industry is categorized into Plants and Animal.
By Form:
As per Form, the industry is categorized into Soft gels, Lozenges, and Tablets.
By Distribution Channel:
As per Distribution Channel, the industry is categorized into Online and Offline.
By Region:
Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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