The Global Lipoic Acid Market Report is prepared to club all the essential market details such as market size, share, value, growth, restraints, challenges, and opportunities during the study period of 2019-2025. The data presented in this report has been gathered on the basis of historical data, primary interviews and expert's estimation of future trends. The report also covers regional assessment which has been conducted globally. The detailed content of the market study ensures intellectual insights given a better understanding of the untapped opportunities in the 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.
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The key manufacturers in the Lipoic Acid include
- Fushilai Pharmaceutical
- Taike Biological
- DKY Technology
- Haoxiang Bio
- Infa Group
Market Size Split by Type
- Medical Grade
- Food Grade
Market Size Split by Application
- Health Care Industry
- Pharmaceutical Industry
Market size split by Region
- North America
- United States
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The study objectives of this report are:
- To study and analyze the global Lipoic Acid market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, 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 manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Lipoic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of Lipoic Acid submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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