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Folate Market: Competitive Dynamics & Global Outlook 2023
Folate is a water-soluble B vitamin that is naturally present in some foods, added to others, and available as a dietary supplement. We mainly study 3rd generation and the 4th generation products in this report.
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Global Folate Market: Forecast by Type / Application / Region
Unlike the vitamin K2 market, the folate market is dominated by Europe producers, i.e. Gnosis and Merck, the two players take a market share of around 86% in 2016. Merck products are sold by DSM since 2014.
China also has several small producers, but their product prices are far lower than that of Europe players.
The key consumption area is located in the USA and Europe. Europe takes a market share of 42.5%, and USA take 32.7% in 2016. Most of Chinese production is export to Europe and USA market.
Over the next five years, LPI(LP Information) projects that Folate will register a 21.3% CAGR in terms of revenue, reach US$ 260 million by 2023, from US$ 100 million in 2017.
Global Folate Market: Key Players
Gnosis SPA
DSM
Merck
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Related Information:
United States Folate Market Research Report 2018
Europe Folate Market Research Report 2018
North America Folate Market Research Report 2018
Asia-Pacific Folate Market Research Report 2018
China Folate Market Research Report 2018
EMEA Folate Market Research Report 2018
Global Folate Market Research Report 2018
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