Impact of Existing and Emerging Folate Market Trends and Forecast 2016-2026

Folate, also known as vitamin B9, is most noted for its role in supporting a healthy pregnancy and fetal development. It is a synthetic folate compound used in vitamin supplements and fortified food because of its increased stability. It is also find a major application in the pharmaceutical industry, as a key ingredient to prevent anemia. Globally, he leading producer of folate in the year 2014. Lured by increasing price of folic acid, several players have announced their entry into the market. Most of the new players, who are planning to enter the market, have either received environmental clearance or have submitted their environmental impact statement. Prices are beginning to climb down as a consequence of new starts.

Folate Market: Drivers & Restraints

Increased health awareness among consumer, is driving them for the consumption of folate based products. Another key driver for the folate market is the increase in fertility rate among women, especially in the Asia pacific region. Folic acid could be unsafe when taken by mouth in large doses in a long-term. High doses of folate might cause abdominal cramps, diarrhea, rash, sleep disorders, irritability, confusion, nausea, stomach upset, behavior changes, skin reactions, seizures, gas, excitability, and other side effects. This has led to government interference in the selling of folate based medicines in the open market to prevent drug abuse.

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Due to the rapid fall in the price of folates, the folate market has been witnessing the entry of multiple new players. These new entrants have proven to be a major threats to the big firms in the market. As more and more capacity comes online, prices are expected to go down more rapidly in the near future.

FolateMarket: Segmentation

The folate market can be segmented on the basis of source, application and end use. On the basis of source, it can be further...