Market Overview:
The global vitamin B9 market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of vitamin B9 and its applications in various treatments. Additionally, factors such as rising incidence of chronic diseases, growing geriatric population, and increasing demand for nutraceuticals are also contributing to the growth of this market. Based on type, the global vitamin B9 market is segmented into tablets, capsules, liquid and sprays, and others. The tablets segment is expected to account for a major share of the global vitamin B9 market during the forecast period owing to their high demand among consumers across all regions. Based on application, the global vitamin B9 market is segmented into autism treatment, cleft lip and palate treatment,, rheumatoid arthritis treatment,, and others.
Product Definition:
Vitamin B9 is also called folate. It is important for pregnant women because it helps form the neural tube, and can help prevent major birth defects of the baby's brain and spine.
Tablets:
Tablets, it's usage.
Vitamin B9 is also known as folic acid or vitamin M. It is a type of vitamin required in small quantities by the body, but plays an essential role in supporting normal cell growth & neurological function. Folate consumption may prevent heart disease, cancer and neural tube defects (NTDs). Neural tube defects include brain abnormalities that occur during early development of the fetus.
Capsules:
Capsules are small containers made from gelatin that is used to preserve medicines and other supplements. It helps in protecting the ingredients by preventing light, moisture, air and microorganisms from getting in. The technology of capsule production is still evolving; there are many different types of capsules available in the market with different sizes and shapes for specific applications.
Application Insights:
The application segment includes autism treatment, cleft lip and palate treatment, rheumatoid arthritis treatment, osteoarthritis treatment, others. The global vitamin b9 market for osteoarthritis was valued at USD 175.0 million in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030 owing to the increasing geriatric population across the globe which is prone to develop this condition along with other associated symptoms such as joint pain and stiffness.
In addition, growing awareness about arthritis coupled with rising healthcare expenditure will fuel industry expansion over the forecast period particularly in North America and Europe where most of these treatments are provided by doctors' offices or hospitals rather than pharmacies or clinics that would have been considered before.
Regional Analysis:
North America was the largest market for vitamin B9 in 2016, accounting for more than 35.0% of global revenue that year. The region is expected to maintain its dominance over the forecast period as well due to high demand from countries like U.S., Canada, and Mexico owing to rising prevalence of chronic diseases such as arthritis and cancer among others are anticipated boost product demand further.
Asia Pacific is projected to be one of the fastest-growing regions with a CAGR exceeding 6.0% during the forecast period owing to increasing awareness about nutritional products among consumers especially in developing countries including China, India, Thailand, Malaysia & Indonesia will drive growth further over next eight years or so till 2030 AD (Year 2020).
Growth Factors:
- Increasing awareness about the benefits of Vitamin B9 for pregnant women and their unborn children.
- Rising incidence of birth defects and other health problems in newborns that can be prevented by taking Vitamin B9 supplements during pregnancy.
- Growing demand for natural and organic prenatal vitamins that contain high levels of Vitamin B9.
- Increasing number of health-conscious consumers who are looking for ways to improve their overall well-being through diet and supplementation.
- Proliferation of online retail channels that offer a wide variety of vitamin B9 supplements at competitive prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitamin B9 Market Research Report
By Type
Tablets, Capsules, Liquid and Sprays, Others
By Application
Autism Treatment, Cleft lip and palate Treatment, Rheumatoid arthritis Treatment, Others
By Companies
VitaminVillage(PH), NATURE' S BOUNTY(CN), Nature's Way(AU), Amazing Nutrition(US), Nature's Best(UK), NOW Foods(US), Zenith Nutrition(IN), Nutricost(US), Invite Health(US), Health Leads(UK)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Vitamin B9 Market Report Segments:
The global Vitamin B9 market is segmented on the basis of:
Types
Tablets, Capsules, Liquid and Sprays, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Autism Treatment, Cleft lip and palate Treatment, Rheumatoid arthritis Treatment, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- VitaminVillage(PH)
- NATURE' S BOUNTY(CN)
- Nature's Way(AU)
- Amazing Nutrition(US)
- Nature's Best(UK)
- NOW Foods(US)
- Zenith Nutrition(IN)
- Nutricost(US)
- Invite Health(US)
- Health Leads(UK)
Highlights of The Vitamin B9 Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tablets
- Capsules
- Liquid and Sprays
- Others
- By Application:
- Autism Treatment
- Cleft lip and palate Treatment
- Rheumatoid arthritis Treatment
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vitamin B9 Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Vitamin B9 is also known as niacin. It is a water soluble vitamin and helps the body to produce energy by helping to break down food.
Some of the major companies in the vitamin b9 market are VitaminVillage(PH), NATURE' S BOUNTY(CN), Nature's Way(AU), Amazing Nutrition(US), Nature's Best(UK), NOW Foods(US), Zenith Nutrition(IN), Nutricost(US), Invite Health(US), Health Leads(UK).
The vitamin b9 market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vitamin B9 Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vitamin B9 Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vitamin B9 Market - Supply Chain
4.5. Global Vitamin B9 Market Forecast
4.5.1. Vitamin B9 Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vitamin B9 Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vitamin B9 Market Absolute $ Opportunity
5. Global Vitamin B9 Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vitamin B9 Market Size and Volume Forecast by Type
5.3.1. Tablets
5.3.2. Capsules
5.3.3. Liquid and Sprays
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vitamin B9 Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vitamin B9 Market Size and Volume Forecast by Application
6.3.1. Autism Treatment
6.3.2. Cleft lip and palate Treatment
6.3.3. Rheumatoid arthritis Treatment
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vitamin B9 Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vitamin B9 Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vitamin B9 Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vitamin B9 Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vitamin B9 Demand Share Forecast, 2019-2026
9. North America Vitamin B9 Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vitamin B9 Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vitamin B9 Market Size and Volume Forecast by Application
9.4.1. Autism Treatment
9.4.2. Cleft lip and palate Treatment
9.4.3. Rheumatoid arthritis Treatment
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vitamin B9 Market Size and Volume Forecast by Type
9.7.1. Tablets
9.7.2. Capsules
9.7.3. Liquid and Sprays
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vitamin B9 Demand Share Forecast, 2019-2026
10. Latin America Vitamin B9 Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vitamin B9 Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vitamin B9 Market Size and Volume Forecast by Application
10.4.1. Autism Treatment
10.4.2. Cleft lip and palate Treatment
10.4.3. Rheumatoid arthritis Treatment
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vitamin B9 Market Size and Volume Forecast by Type
10.7.1. Tablets
10.7.2. Capsules
10.7.3. Liquid and Sprays
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vitamin B9 Demand Share Forecast, 2019-2026
11. Europe Vitamin B9 Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vitamin B9 Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vitamin B9 Market Size and Volume Forecast by Application
11.4.1. Autism Treatment
11.4.2. Cleft lip and palate Treatment
11.4.3. Rheumatoid arthritis Treatment
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vitamin B9 Market Size and Volume Forecast by Type
11.7.1. Tablets
11.7.2. Capsules
11.7.3. Liquid and Sprays
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market ttractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vitamin B9 Demand Share, 2019-2026
12. Asia Pacific Vitamin B9 Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vitamin B9 Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vitamin B9 Market Size and Volume Forecast by Application
12.4.1. Autism Treatment
12.4.2. Cleft lip and palate Treatment
12.4.3. Rheumatoid arthritis Treatment
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vitamin B9 Market Size and Volume Forecast by Type
12.7.1. Tablets
12.7.2. Capsules
12.7.3. Liquid and Sprays
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vitamin B9 Demand Share, 2019-2026
13. Middle East & Africa Vitamin B9 Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vitamin B9 Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vitamin B9 Market Size and Volume Forecast by Application
13.4.1. Autism Treatment
13.4.2. Cleft lip and palate Treatment
13.4.3. Rheumatoid arthritis Treatment
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vitamin B9 Market Size and Volume Forecast by Type
13.7.1. Tablets
13.7.2. Capsules
13.7.3. Liquid and Sprays
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vitamin B9 Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vitamin B9 Market: Market Share Analysis
14.2. Vitamin B9 Distributors and Customers
14.3. Vitamin B9 Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. VitaminVillage(PH)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. NATURE' S BOUNTY(CN)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nature's Way(AU)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Amazing Nutrition(US)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nature's Best(UK)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NOW Foods(US)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zenith Nutrition(IN)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nutricost(US)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Invite Health(US)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Health Leads(UK)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
