Folinic Acid Market

Folinic Acid Market Overview

Folinic acid is a naturally occurring form of folic acid that is used to reduce the toxic effects of the anticancer drug methotrexate or other substances that block the action of folic acid. It is water-soluble vitamin that is required by human body to manufacture red blood cells. It is also used to treat different types of anemia and is used to treat advanced colorectal cancer. Folinic acid is taken through mouth or via injection to fulfil the nutritional deficiency in human body.

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Major Folinic Acid Market Drivers

The major factors propelling the demand of the Global Folinic Acid market include the increasing usage of folinic acid in a wide range of applications and rising demand for dietary supplement. Moreover, the paradigm shift of individuals toward preventive health management practices, rising healthcare cost, and growing burden of lifestyle diseases is diverting the focus of individuals toward dietary supplements. Folic acid is required for DNA replication. It is used during the time of conception through dietary supplements to reduce the risk of neural tube defects in offspring. Folinic acid is supplied as vitamin B9 and vitamin B12, which are important to support the development of baby’s skeleton and nervous system as proper diet and nutrition are necessary during pregnancy. Hence, increasing demand for dietary supplements is proliferating the growth of the market. However, high dosage of folinic acid over long period of time could raise health concerns, which is one of the major factor hindering the growth of the market.

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Based on the form, the market is segmented into Tablets, Soft Gels, Lozenges, and Others. Among these, the tablets segment is projected to grow at a higher CAGR during the forecast period. This is attributed to the increasing preference of individuals toward tablets. B9 tablets are consumed on daily basis for normal body growth and development of an individual. Moreover, its usage is safe for consumption and does not cause any side effects or health issues.

On the basis of application, the market is segmented into food & beverages, pharmaceuticals, nutraceuticals, and Others. Among these, the pharmaceutical industry is expected to grow at a higher CAGR during the forecast period owing to its remarkable advantages such as neural tube defects, reduces homocysteine levels, and minimizes the chances of cancer. High intake of folinic acid can protect against certain cancers including gut, breast, lung, and pancreas cancer. Moreover, the adequate amount of folinate acid aids in reducing homocysteine, an inflammatory molecule linked to the development of heart diseases. Thus, such benefits of folinic acid in pharmaceutical industry drives the growth of the market.

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Regional – Segment Analysis

Based on region, Europe region is projected to grow at a higher CAGR over the forecast period. This is attributed to the high demand for product due to the existence of rigorous regulations about consumption of additional nutraceutical coupled with the rising emphasis on proper diet pattern. Moreover, the favourable government amendment and regulations are further accelerating the growth of the market in the region. On the other hand, Asia-Pacific region is projected to grow at a higher CAGR during the forecast period. This is due to the increasing investment in R&D and product innovations in the region. The demand for nutritional food products and rising awareness of healthy food in countries like India and China, is catalyzing the growth of the market in Asia-Pacific.

Top Market Players

The major players in the market include DSM N.V, BASF SE, Parchem Fine & Specialty Chemicals, Jiangxi Tianxin Pharmaceutical Co. Ltd, Medicamen Biotech Ltd, Xinjiang Wujiaqu Xingnong Cycle Chemical Co. Ltd, Zydus Pharmaceuticals Ltd, and Emcure Pharmaceuticals Ltd., among others.

Segments covered in the Report:

The Global Folinic Acid market has been segmented based on Form, Source, Application, and Regions. Based on Form, the market is segmented into Tablets, Soft Gels, Lozenges, and Others. Based on Source, the market is segmented into Vegetables, Fruits, and Others. Based on Application, the market is segmented into Food & Beverages, Pharmaceuticals, Nutraceuticals, and Others.

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Key questions answered in this research report:

• • At what pace is the Global Folinic Acid market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Global Folinic Acid market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Global Folinic Acid market?
  • What are the multiple application areas in Global Folinic Acid market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Form, By Source, By Application, and By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	DSM N.V, BASF SE, Parchem Fine & Specialty Chemicals, Jiangxi Tianxin Pharmaceutical Co. Ltd, Medicamen Biotech Ltd, Xinjiang Wujiaqu Xingnong Cycle Chemical Co. Ltd, Zydus Pharmaceuticals Ltd, Emcure Pharmaceuticals Ltd; A total of 8 companies covered .
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Folinic Acid Market by Form

• • Tablets
  • Soft Gels
  • Lozenges
  • Others

Global Folinic Acid Market by Source

• • Vegetables
  • Fruits
  • Others

Global Folinic Acid Market by Application

• • Food & Beverages
  • Pharmaceutical
  • Nutraceuticals
  • Others

Global Folinic Acid Market by Region

• • North America Folinic Acid Market (Option 1: As a part of the free 25% customization)

    • North America Folinic Acid Market by Form
    • North America Folinic Acid Market by Source
    • North America Folinic Acid Market by Application
    • United States of America (US) Folinic Acid Market All-Up
    • Canada Folinic Acid Market All-Up

  • Europe Folinic Acid Market (Option 2: As a part of the free 25% customization)

    • Europe Folinic Acid Market by Form
    • Europe Folinic Acid Market by Source
    • Europe Folinic Acid Market by Application
    • United Kingdom (UK) Folinic Acid Market All-Up
    • Germany All-Up Folinic Acid Market All-Up
    • France Folinic Acid Market All-Up
    • Spain Folinic Acid Market All-Up
    • Rest of Europe Folinic Acid Market All-Up

  • Asia-Pacific Folinic Acid Market (Option 3: As a part of the free 25% customization)

    • Asia-Pacific Folinic Acid Market by Form
    • Asia-Pacific Folinic Acid Market by Source
    • Asia-Pacific Folinic Acid Market by Application
    • China Folinic Acid Market All-Up
    • India Folinic Acid Market All-Up
    • Japan Folinic Acid Market All-Up
    • Rest of APAC Folinic Acid Market All-Up

  • RoW Folinic Acid Market (Option 4: As a part of the free 25% customization)

    • RoW Folinic Acid Market by Form
    • RoW Folinic Acid Market by Source
    • RoW Folinic Acid Market by Application
    • Brazil Folinic Acid Market All-Up
    • South Africa Folinic Acid Market All-Up
    • Saudi Arabia Folinic Acid Market All-Up
    • UAE Folinic Acid Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Folinic Acid Market All-Up

Folinic Acid Leading Market Players (Option 5: As a part of the free 25% customization – Profiles of 5 Additional Companies of your Choice)

• • DSM N.V
  • BASF SE
  • Parchem Fine & Specialty Chemicals
  • Jiangxi Tianxin Pharmaceutical Co. Ltd
  • Medicamen Biotech Ltd
  • Xinjiang Wujiaqu Xingnong Cycle Chemical Co. Ltd
  • Pharmaceuticals Ltd
  • Emcure Pharmaceuticals Ltd