Abstract, Snapshot, Market Analysis & Market Definition: Lipoic Acid Market
Lipoic acid is a vitamin-like compound found in a slightly yellow crystalline powder form. This product can used to treat diabetes mellitus and lose weight. Active ingredient in lipoic acid is mainly R- Lipoic Acid. Nowadays, R- Lipoic Acid had already been extracted from lipoic acid and its price is higher than lipoic acid. Common commercially available lipoic acid are alpha lipoic acid. So, lipoic acid cannot be substituted by R- Lipoic Acid in short time. Lipoic acid manufacturers are mainly concentrated in China, such as Tonghe, Shyndec, Fushilai Pharmaceutical, Maidesen, Taike Biological, DKY Technology and Haoxiang Bio. Tonghe has a long history and is a global leader in this industry. In 2015, it took a sales share of 70. 09%, with the sales of 735 MT.
In 2019, the market size of Lipoic Acid is 109.4 million US$ and it will reach 140.6 million US$ in 2025, growing at a CAGR of 3.7% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Lipoic Acid. This report studies the global market size of Lipoic Acid, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Lipoic Acid sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Lipoic Acid Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Medical Grade
Food Grade
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Health Care Industry
Pharmaceutical Industry
Others
Key Players, Recent Developments & Sector Viewpoints: Lipoic Acid Market
Tonghe
Shyndec
Fushilai Pharmaceutical
Maidesen
Taike Biological
DKY Technology
Haoxiang Bio
Infa Group
Key Insights Covered: Exhaustive Lipoic Acid Market
1. Market size (sales, revenue and growth rate) of Lipoic Acid industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Lipoic Acid industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Lipoic Acid industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Lipoic Acid industry.
Research Methodology: Lipoic Acid Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.