Global Lipoic Acid Market Forecasts to see 3.7% CAGR to 2025, taking it to 140 M US$ by 2025

Global Lipoic Acid Market report analyzes and research the global capacity, production, revenue, consumption, status and forecast to 2025 by type, application and region

The global Lipoic Acid market is valued at 110 million US$ in 2018 is expected to reach 140 million US$ by the end of 2025, growing at a CAGR of 3.7% during 2019-2025.

This report focuses on Lipoic Acid volume and value at global level, regional level and company level. From a global perspective, this report represents overall Lipoic Acid market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. Key companies profiled on his report are Tonghe, Shyndec, Fushilai Pharmaceutical, Maidesen, Taike Biological, DKY Technology, Haoxiang Bio, Infa Group and more in the terms of Product Introduction, Application, Specification, companies Production, Revenue, Price and Gross Margin (2014-2019), etc.

Access more details about this report at: https://www.themarketreports.com/report/global-lipoic-acid-market-research-report

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.

Purchase this premium research report at: https://www.themarketreports.com/report/buy-now/1409908

Study objectives

  • To analyze and research the global capacity, production, revenue, consumption, status and forecast.
  • To present the key manufacturers, capacity, production, revenue, market share, and recent development.
  • To focus on the global key manufacturers, to define, describe and analyze the market competition landscape,
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
  • 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.

Inquire for more details about this report at: https://www.themarketreports.com/report/ask-your-query/1409908

Contact Us:

Contact Person: Shirish Gupta

Sales Manager - The Market Reports

Phone:+1-631-407-1315 / +91-750-729-1479

Email: [email protected]

Web: https://www.themarketreports.com/

Posted by on Tuesday March 26 2019, 9:15 AM EDT. All trademarks acknowledged. Filed under Featured Press Release, Life Sciences. Comments and Trackbacks closed. Follow responses: RSS 2.0

Comments are closed

News Categories

Featured Press Releases

Log in