Alpha-lipoic acid is an antioxidant that is made naturally in the body and also found in foods. It is used to break down carbohydrates and to make energy. Alpha-lipoic acid can be eaten in foods, such as red meat, carrots, beets, spinach, broccoli, and potatoes. It is also available in supplements. Because alpha-lipoic acid seems to work like an antioxidant, it might provide protection to the brain and also be helpful in certain liver diseases.
This report contains market size and forecasts of Alpha Lipoic Acid API in global, including the following market information:
Global Alpha Lipoic Acid API Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Alpha Lipoic Acid API Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Alpha Lipoic Acid API companies in 2021 (%)
The global Alpha Lipoic Acid API market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Food Grade Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Alpha Lipoic Acid API include Tonghe, Shyndec, Fushilai Pharmaceutical, Maidesen, Jinan Hongyuan Chemical, DKY Technology, Haoxiang Bio and Infa Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Alpha Lipoic Acid API 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 Alpha Lipoic Acid API Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Alpha Lipoic Acid API Market Segment Percentages, by Type, 2021 (%)
Food Grade
Pharmaceutical Grade
Global Alpha Lipoic Acid API Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Alpha Lipoic Acid API Market Segment Percentages, by Application, 2021 (%)
Health Care Industry
Pharmaceutical Industry
Others
Global Alpha Lipoic Acid API Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Alpha Lipoic Acid API Market Segment Percentages, By Region and Country, 2021 (%)
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 Alpha Lipoic Acid API revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Alpha Lipoic Acid API revenues share in global market, 2021 (%)
Key companies Alpha Lipoic Acid API sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Alpha Lipoic Acid API sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Tonghe
Shyndec
Fushilai Pharmaceutical
Maidesen
Jinan Hongyuan Chemical
DKY Technology
Haoxiang Bio
Infa Group