Thioctic Acid Market

Lipoic acid is a vitamin-like compound found in a slightly yellow crystalline powder form. It can be synthetically produced in laboratories for medical use, but is found naturally in abundance in foods such as yeast, liver, kidney, broccoli, spinach and potatoes.
Lipoic Acid can be divided into ?- Lipoic Acid (Alpha Lipoic Acid), R- Lipoic Acid and S- Lipoic Acid. Common commercially available lipoic acid are alpha lipoic acid, so in the report, the volume of lipoic acid is calculated by alpha lipoic acid.
Thioctic Acid Market aims to provide a comprehensive presentation of the global market for Thioctic Acid (Alpha Lipoic Acid) (ALA), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thioctic Acid (Alpha Lipoic Acid) (ALA). Thioctic Acid Market contains market size and forecasts of Thioctic Acid (Alpha Lipoic Acid) (ALA) in global, including the following market information:
Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Thioctic Acid (Alpha Lipoic Acid) (ALA) companies in 2022 (%)
The global Thioctic Acid (Alpha Lipoic Acid) (ALA) market was valued at US$ 111.8 million in 2022 and is projected to reach US$ 159.1 million by 2029, at a CAGR of 5.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Thioctic Acid (Alpha Lipoic Acid) (ALA) main players are Tonghe, Shyndec, Fushilai Pharmaceutical, Maidesen, Taike Biological, etc. Global top five manufacturers hold a share over 85%. China is the largest market, with a share over 90%.
We surveyed the Thioctic Acid (Alpha Lipoic Acid) (ALA) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Segment Percentages, by Type, 2022 (%)
Medical Grade
Food Grade
Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Segment Percentages, by Application, 2022 (%)
Health Care
Pharmaceutical
Others
Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Thioctic Acid (Alpha Lipoic Acid) (ALA) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Thioctic Acid (Alpha Lipoic Acid) (ALA) revenues share in global market, 2022 (%)
Key companies Thioctic Acid (Alpha Lipoic Acid) (ALA) sales in global market, 2018-2023 (Estimated), (MT)
Key companies Thioctic Acid (Alpha Lipoic Acid) (ALA) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Tonghe
Shyndec
Fushilai Pharmaceutical
Maidesen
Taike Biological
DKY Technology
Haoxiang Bio
Infa Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Thioctic Acid (Alpha Lipoic Acid) (ALA), market overview.
Chapter 2: Global Thioctic Acid (Alpha Lipoic Acid) (ALA) market size in revenue and volume.
Chapter 3: Detailed analysis of Thioctic Acid (Alpha Lipoic Acid) (ALA) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Thioctic Acid (Alpha Lipoic Acid) (ALA) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Thioctic Acid (Alpha Lipoic Acid) (ALA) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.