Title: PPT for Alpha Lipoic Acid Market Analysis, 2017 - 2024
1Alpha Lipoic Acid Market will witness over 6
Growth by 2017 - 2024
Alpha Lipoic Acid Market Size By Product
(R-lipoic Acid, S-lipoic Acid), By Application
(Dietary Supplements, Slimming Products, Medical
Drugs), Industry Analysis Report, Regional
Outlook (U.S., Canada, Germany, UK, France,
Spain, Italy, China, India, Japan, Australia,
Thailand, Indonesia, Malaysia, Brazil, Mexico,
South Africa, UAE, Saudi Arabia), Growth
Potential, Price Trends, Competitive Market Share
Forecast, 2017 2024
2 Global Market Scenario of Alpha Lipoic Acid
- Alpha Lipoic Acid Market size is forecast to
exceed USD 19 million by 2024 according to a new
research report by Global Market Insights, Inc. - Alpha lipoic acid market size is positively
influenced by increasing product application
scope in production of medical drugs and dietary
food products. - Exponentially growing healthcare and
pharmaceutical industry shall positively
influence alpha lipoic acid market for the
forecast duration. - Amplified expenditure pattern of dual income
family along with growing preference for dietary
food and slimming products has propelled product
demand in the past few years. - Increasing popularity of low fat diet food and
several weight loss products shall boost the
overall alpha lipoic acid market in the coming
years.
3U.S. alpha lipoic acid market size, by product,
2013 - 2024 (USD Thousand)
4Products Insights
- Dietary supplements segment held a major share of
global alpha lipoic acid market in 2016. The
market share will increase over the next few
years owing to its widespread usage in among
consumers to stay healthy and fit. Slimming
products segment also had a significant share in
alpha lipoic acid market in 2016 and is projected
to expand at a prominent rate, approximately 5,
due to rising demand and awareness pertaining to
personal care and fitness among consumers. - R-lipoic acid held major share in global alpha
lipoic acid market in 2016 on account of its easy
commercial availability and superior antioxidant
properties. The S-lipoic acid segment will grow
at around 5 CAGR during forecast timespan. - Medical drugs application is the fastest growing
segment in North America and shall be witnessing
significant gains in the forecast timeframe. The
obesity and diabetes problems prevailing in North
America are some key factors that have been
driving the product sales in this region in past
few years.
5 Regional and Competitive Insights
- Asia Pacific for alpha lipoic acid market shall
witness gains more than 7 during the forecast
timespan. It is due to the developing economic
conditions, which have considerably improved the
healthcare industry in recent times and have
eventually fueled alpha lipoic acid demand in
recent times. Asia Pacific, both in terms of
volume and value, shall be leading the global
alpha lipoic market over the forecast timespan.
Shifting of pharmaceutical manufacturing units to
countries including India and China shall
generate heavy revenue for the industry during
the forecast period. - The Alpha Lipoic Acid Market is fairly
competitive. Key product manufacturers are Now
Health, HiMedia Laboratories, Sabinsa
Corporation, AlzChem AG, Qidu Pharmaceutical and
Infa Group. Other prominent market share
contributors are Swanson Health Inc., Cambridge
Commodities Limited, Toyo Hakko Company Limited
and Shanghai Shyndec (Modern) Pharmaceutical
Company Limited.
6 Latest Research Report On Alpha Lipoic Acid
Market_at_ http//bit.ly/2uVMN1N Request for
Sample of this Research Report _at_
http//bit.ly/2rGV8GO
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