Global Lipoic Acid Market Insights, Forecast to 2025
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.
Lipoic acid’s consumption regions are China, Europe, North America and Japan. China is a large production and consumption area. In 2016, China consumption was 293 MT, with a production share of 27.96%. Europe is another major production region. In 2016 Europe lipoic acid production was 284 MT.
In the future, we predict that global lipoic acid production will continue to increase. By 2023, global production will be 1433 MT. Price will decrease to 90.9 USD/Kg.
The global Lipoic Acid market is valued at 110 million US$ in 2018 and will reach 140 million US$ by the end of 2025, growing at a CAGR of 3.7% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Lipoic Acid market based on company, product type, end user and key regions.
This report studies the global market size of Lipoic Acid in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Lipoic Acid in these regions.
This research report categorizes the global Lipoic Acid market by top players/brands, region, type and end user. This report also studies the global Lipoic Acid market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Tonghe
Shyndec
Fushilai Pharmaceutical
Maidesen
Taike Biological
DKY Technology
Haoxiang Bio
Infa Group
Market size by Product
Medical Grade
Food Grade
Market size by End User
Health Care Industry
Pharmaceutical Industry
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Lipoic Acid market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Lipoic Acid market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Lipoic Acid companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Lipoic Acid submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Lipoic Acid are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Lipoic Acid market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Lipoic acid manufacturers are mainly concentrated in China, such as Tonghe, Shyndec, Fushilai Pharmaceutical, Maidesen, Taike Biological, DKY Technology and Haoxiang Bio. Tonghe has a long history and is a global leader in this industry. In 2015, it took a sales share of 70.09%, with the sales of 735 MT.
Lipoic acid’s consumption regions are China, Europe, North America and Japan. China is a large production and consumption area. In 2016, China consumption was 293 MT, with a production share of 27.96%. Europe is another major production region. In 2016 Europe lipoic acid production was 284 MT.
In the future, we predict that global lipoic acid production will continue to increase. By 2023, global production will be 1433 MT. Price will decrease to 90.9 USD/Kg.
The global Lipoic Acid market is valued at 110 million US$ in 2018 and will reach 140 million US$ by the end of 2025, growing at a CAGR of 3.7% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Lipoic Acid market based on company, product type, end user and key regions.
This report studies the global market size of Lipoic Acid in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Lipoic Acid in these regions.
This research report categorizes the global Lipoic Acid market by top players/brands, region, type and end user. This report also studies the global Lipoic Acid market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Tonghe
Shyndec
Fushilai Pharmaceutical
Maidesen
Taike Biological
DKY Technology
Haoxiang Bio
Infa Group
Market size by Product
Medical Grade
Food Grade
Market size by End User
Health Care Industry
Pharmaceutical Industry
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Lipoic Acid market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Lipoic Acid market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Lipoic Acid companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Lipoic Acid submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Lipoic Acid are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Lipoic Acid market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
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