Los Angeles, CA -- (SBWire) -- 10/04/2018 --This study researches the market size of Lipoic Acid, presents the global Lipoic Acid sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
This report focuses on the key data information of Lipoic Acid in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Lipoic Acid for each region and countries in each region.
For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
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.This report includes the following manufacturers; we can also add the other companies as you want.
Tonghe
Shyndec
Fushilai Pharmaceutical
Maidesen
Taike Biological
DKY Technology
Haoxiang Bio
Infa Group
Market Segment by Product Type
Medical Grade
Food Grade
Market Segment by Application
Health Care Industry
Pharmaceutical Industry
Others
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Market size split by Region
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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Global Lipoic Acid Market Is Forecast to 140 Million US by 2025
QYResearch is a leading market research publisher which pursuits high product quality with the belief that quality is the soul of business and consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience.