Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Market Report 2021

SKU ID : QYR- 17383901

Publishing Date : 10-Feb-2021

No. of pages : 136

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  • Lipoic acid is a vitamin-like compound found in a slightly yellow crystalline powder form. It can be synthetically produced in laboratories for medical use, but is found naturally in abundance in foods such as yeast, liver, kidney, broccoli, spinach and potatoes.
    Lipoic Acid can be divided into α- Lipoic Acid (Alpha Lipoic Acid), R- Lipoic Acid and S- Lipoic Acid. Common commercially available lipoic acid are alpha lipoic acid, so in the report, the volume of lipoic acid is calculated by alpha lipoic acid.
    In 2016, the global Alpha Lipoic Acid market is led by China, capturing about 98.65% of global Alpha Lipoic Acid production. China is also the largest exporter. Lipoic acid’s consumption regions are China, Europe, North America, Japan and India. China is a large production region and Europe is the largest consumption region. In 2016, Europe consumption was 361.8 MT, with a consumption share of 28.99%. North America is another major consumption region with 26.02% share.

    Market Analysis and Insights: Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market
    The global Thioctic Acid (Alpha Lipoic Acid) (ALA) market was valued at US$ 108.7 in 2020 and will reach US$ 149 million by the end of 2027, growing at a CAGR of 5.4% during 2022-2027.

    Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Scope and Market Size
    The global Thioctic Acid (Alpha Lipoic Acid) (ALA) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Thioctic Acid (Alpha Lipoic Acid) (ALA) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

    Segment by Type
    Medical Grade
    Food Grade

    Segment by Application
    Health Care
    Pharmaceutical
    Others

    The Thioctic Acid (Alpha Lipoic Acid) (ALA) market is analysed and market size information is provided by regions (countries). Segment by Application, the Thioctic Acid (Alpha Lipoic Acid) (ALA) market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

    By Company
    Tonghe
    Shyndec
    Fushilai Pharmaceutical
    Maidesen
    Taike Biological
    DKY Technology
    Haoxiang Bio
    Infa Group

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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