Folinic acid market is anticipated to grow at a significant CAGR during the forecast period. A folinic acid is a vitamin B-complex and is also known as calcium folinate and leucovorin. It is used in the combination with fluorouracil to control and prevent various types of cancers including head and neck, colorectal, and esophageal cancers among others. This folinic acid is additionally used for the treatment and management of megaloblastic anemia caused due to folic acid deficiency.
The increasing prevalence of various types of cancer across the globe is the most dominant factor that is expected to drive the growth of the global folinic acid market during the forecast period. The significant rise in the applications of folinic acid in varieties of treatment including megaloblastic anemia, folate deficiency, and others are anticipated to drive the market growth. Additionally, the increasing number of manufacturing infrastructures for the production of folinic acid is further projected to create ample growth opportunities for the market during the forecast period.
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Market Coverage
Market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Folinic Acid Market Report Segment
By Type
· Injection
· Tablet
· Others
By Application
· Food and Beverage
· Pharmaceuticals
· Nutraceuticals
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Folinic Acid Market by Region
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
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