Global Lipoic Acid Sales Market Report 2021

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.

Market Analysis and Insights: Global Lipoic Acid Market
The global Lipoic Acid market was valued at US$ 122.7 in 2020 and will reach US$ 152.6 million by the end of 2027, growing at a CAGR of 3.7% during 2022-2027.

Global Lipoic Acid Scope and Market Size
The global Lipoic Acid market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Lipoic Acid 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 Lipoic Acid market is analysed and market size information is provided by regions (countries). Segment by Application, the Lipoic Acid 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