Market Highlights: Folic acid is also known as vitamin B9, is a form of the water-soluble vitamin which is required by the body to manufacture red blood cells. It is involved in the normal body growth & development, production of genetic materials such as DNA and RNA and several other bodily functions. It is synthetically produced and also found in fortified supplements and foods. The product is found in plants, fruits, and animal others. Vitamin B9 demand is owing to the increasing trend for a healthy lifestyle and balanced diet requirements. The market study is being classified, by Application (Food & beverages, Pharmaceuticals, Nutraceuticals and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Vitamin B9 are BASF (Germany), Tyson Foods (United States), Maple leaf Foods (Canada), DSM (Netherlands), Amazing Nutrition(United States), Nature's Best(United Kingdom), NOW Foods(United States), Nutricost(United States), Invite Health(United States) and Health Leads(United Kingdom).
Key Questions Answered in the Report What will the Vitamin B9 Market size and the growth rate be in Future? What are the key factors driving the Vitamin B9 Market? What are the key market trends and macro-economic impacting the growth of the Vitamin B9 Market? What are the challenges to market growth? Who are the key vendors in the Vitamin B9 Market? What are the market opportunities and threats faced by the vendors in the Vitamin B9 Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Vitamin B9 Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Vitamin B9 market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Vitamin B9 market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Raw material suppliers, Distributors/traders/wholesalers/suppliers, Chemical traders, suppliers, and distributors, Regulatory bodies, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade associations and industry bodies and End-use industries. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.