Folic Acid Market Size Is Anticipated To Reach USD 466.2 Million By 2025
San Francisco, 20 December 2024: The Report Folic Acid Market Size, Share & Trends Analysis Report By Application (Food & Beverages, Pharmaceuticals, Nutraceuticals), By Region, And Segment Forecasts, 2018 - 2025 The global folic acid market size is expected to reach USD 466.2 million by 2025, according to a new report by Grand View Research, Inc. Growing consumption of vitamin B9 as a source of an essential supplement during pregnancy by women that minimizes the risk of congenital disabilities in infants is anticipated to augment the market demand in the coming years. Folic acid is required for the metabolism of specific biochemical reactions and cell division in the body. It plays a significant role in the development of the nervous system in the growing fetus. Moreover, it is involved in the formation of red blood cells, supporting the normal development of the neural tube in the fetus. Market drivers include the increasing demand from pharm...