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Market Outlook

Description

The global Lipoic Acid market size was valued at USD 124.8 million in 2022 and is forecast to a readjusted size of USD 154.2 million by 2029 with a CAGR of 3.1% during review period.

Report Description
Description

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 α- 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.

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. It took a sales share of 70%.

This report is a detailed and comprehensive analysis for global Lipoic Acid market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.


Key Features:

Global Lipoic Acid market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Lipoic Acid market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Lipoic Acid market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Lipoic Acid market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023


The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Lipoic Acid
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace


This report profiles key players in the global Lipoic Acid market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Key Market Players

Description

   Tonghe
   Shyndec
   Fushilai Pharmaceutical
   Maidesen
   Taike Biological
   DKY Technology
   Haoxiang Bio
   Infa Group

Segmentation By Type

Description

   Medical Grade
   Food Grade

Segmentation By Application

Description

   Health Care Products
   Slimming Products
   Others

Segmentation By Region

Description

   North America (United States, Canada and Mexico)
   Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
   Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
   South America (Brazil, Argentina, Colombia, and Rest of South America)
   Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Market SWOT Analysis

Description

What are the strengths of the Lipoic Acid Market in 2025?

Lipoic acid is expected to benefit from increasing demand for antioxidant supplements, particularly in the aging population. With its potential benefits for diabetes, neuroprotection, and skin health, it’s gaining traction in the healthcare and wellness sectors. Strong research backing and its growing popularity in the pharmaceutical and cosmetic industries also contribute to market strength.

What weaknesses could impact the Lipoic Acid Market in 2025?

The high cost of high-quality lipoic acid could limit its accessibility for a broader consumer base. Additionally, the market faces challenges with inconsistent regulation and quality standards in some regions, which can hinder consumer trust. Lack of widespread public awareness about its benefits might also slow growth in certain markets.

What opportunities exist for the Lipoic Acid Market in 2025?

Expanding lipoic acid’s use in treating chronic diseases like diabetes, Alzheimer’s, and heart disease provides significant growth potential. Emerging markets in Asia and Latin America represent new avenues for growth as health consciousness rises in these regions. There’s also a growing trend towards natural and plant-based supplements, which lipoic acid can tap into.

What threats could the Lipoic Acid Market face in 2025?

The market may face threats from alternative antioxidant supplements and competitive molecules that offer similar benefits at a lower cost. Additionally, any negative clinical trials or misleading marketing could damage consumer confidence. Regulatory changes, particularly in stringent markets, might also hinder product approval and distribution.

Market PESTEL Analysis

Description

What are the political factors affecting the Lipoic Acid Market in 2025?

Regulations around dietary supplements and antioxidants vary globally. Stringent laws in regions like the European Union and North America may affect the availability and distribution of lipoic acid. Any changes in health and safety policies or import/export tariffs could impact the market’s growth and accessibility.

How do economic factors influence the Lipoic Acid Market in 2025?

Economic conditions influence consumer spending on health and wellness products. During economic downturns, people may cut back on non-essential supplements, which could slow growth in the market. However, increasing disposable income in emerging markets presents an opportunity for expansion, especially for premium and branded products.

What social factors are shaping the Lipoic Acid Market in 2025?

Rising health consciousness, especially among older populations, is driving demand for supplements like lipoic acid. Social trends toward preventative healthcare, aging populations, and growing interest in natural wellness products are all influencing market growth. Consumer preference for scientifically-backed and safe ingredients is also on the rise.

What technological factors are impacting the Lipoic Acid Market in 2025?

Advancements in biotechnology and pharmaceutical research are improving the production and bioavailability of lipoic acid, making it more effective in health applications. New delivery systems, such as enhanced formulations in capsules and powders, are being developed to improve absorption and overall consumer experience.

What environmental factors are relevant to the Lipoic Acid Market in 2025?

Sustainability and eco-friendly production practices are increasingly important in the supplement industry. Consumers are looking for products made through environmentally conscious methods, and companies may face pressure to adopt greener manufacturing processes. Sourcing raw materials responsibly is also crucial for brand reputation.

What legal factors are influencing the Lipoic Acid Market in 2025?

Laws related to the labeling, marketing, and safety of dietary supplements play a major role in market dynamics. The Lipoic Acid Market is influenced by the legal framework governing health claims, ensuring that products are accurately marketed without misleading consumers. Any changes in legislation regarding product safety or claims could affect market operations.

Market SIPOC Analysis

Description

Who are the suppliers in the Lipoic Acid Market in 2025?

Suppliers in the Lipoic Acid Market include manufacturers of raw materials like lipoic acid and its derivatives, as well as companies producing plant-based sources or synthetic alternatives. Other suppliers include packaging providers and companies involved in the distribution of lipoic acid ingredients to pharmaceutical, supplement, and cosmetic industries.

What inputs are necessary for the Lipoic Acid Market in 2025?

Inputs for the Lipoic Acid Market include high-quality raw lipoic acid, research and development for product efficacy, advanced manufacturing technologies, and efficient distribution channels. Regulatory compliance, quality control materials, and marketing data also play a critical role in the production and sale of lipoic acid products.

Who are the process owners in the Lipoic Acid Market in 2025?

Process owners in this market include pharmaceutical companies, supplement manufacturers, and cosmetic brands that incorporate lipoic acid in their products. Regulatory bodies and quality assurance teams within companies also play significant roles in ensuring compliance with safety and efficacy standards.

Who are the customers in the Lipoic Acid Market in 2025?

Customers range from individual consumers seeking health supplements for antioxidants, diabetes, and anti-aging benefits to pharmaceutical companies using lipoic acid in treatments for chronic diseases. Cosmetic companies targeting skincare consumers also form a significant customer base, as do healthcare practitioners recommending lipoic acid-based products for their patients.

What are the outputs of the Lipoic Acid Market in 2025?

The main outputs of the Lipoic Acid Market include dietary supplements, skincare products, and pharmaceutical formulations that contain lipoic acid. These products are aimed at improving health, preventing oxidative stress, and providing neuroprotective or anti-aging benefits, catering to a variety of end-user needs.

Market Porter's Five Forces

Description

What is the threat of new entrants in the Lipoic Acid Market in 2025?

The threat of new entrants is moderate. While the market for lipoic acid is growing, it requires significant investment in research, production facilities, and regulatory compliance to ensure product quality. Established players already have brand recognition and distribution networks, making it challenging for new companies to enter without significant resources.

How intense is the bargaining power of suppliers in the Lipoic Acid Market in 2025?

The bargaining power of suppliers is relatively moderate. Since lipoic acid is produced both synthetically and from natural sources, there is some flexibility in choosing suppliers. However, high-quality, sustainable sources and manufacturers with cutting-edge technology can have more leverage, especially as demand for premium products rises.

How intense is the bargaining power of buyers in the Lipoic Acid Market in 2025?

The bargaining power of buyers is increasing, particularly in developed markets where consumers are becoming more health-conscious and well-informed. With the growing number of available supplement brands and alternative antioxidant solutions, consumers have more choices, thus increasing their negotiating power when it comes to price and product quality.

What is the threat of substitute products in the Lipoic Acid Market in 2025?

The threat of substitutes is high. There are several antioxidant compounds such as Vitamin C, Vitamin E, Coenzyme Q10, and other herbal alternatives that serve similar purposes, such as anti-aging, neuroprotection, and managing oxidative stress. As consumers look for affordable or widely available alternatives, this could limit growth in the lipoic acid segment.

How competitive is the Lipoic Acid Market in 2025?

The competition is moderate to high. The market has key players like pharmaceutical companies, supplement manufacturers, and cosmetic brands all competing for consumer attention. However, differentiation based on product quality, scientific backing, and brand reputation plays a significant role, reducing the direct price competition among top players.

Market Upstream Analysis
Description

What are the key raw materials required for the Lipoic Acid Market in 2025?

The primary raw materials required for lipoic acid production include high-quality organic compounds, particularly sulfur-containing precursors, and natural plant sources like spinach or yeast. Additionally, advanced synthetic chemicals are often used in the manufacturing process, as well as various catalysts and enzymes to ensure optimal yield.

What are the main suppliers in the Upstream Lipoic Acid Market in 2025?

Suppliers in the upstream market include chemical manufacturers that produce raw materials like the necessary organic precursors and those who supply the technology for synthesizing lipoic acid. These suppliers often focus on sustainable and efficient production methods to meet the rising demand for high-quality lipoic acid.

What are the production methods used for Lipoic Acid in 2025?

Lipoic acid is typically produced via chemical synthesis or fermentation processes. The chemical synthesis route involves the use of specific organic precursors in a controlled reaction to create lipoic acid. Alternatively, fermentation methods employ microorganisms such as yeast to produce lipoic acid naturally, often at a more environmentally friendly cost.

What are the challenges faced in the upstream Lipoic Acid Market in 2025?

Challenges in the upstream market include the high cost of raw materials, especially for natural sources of lipoic acid. The complexity of maintaining consistent quality standards, particularly in fermentation processes, can also be a hurdle. Furthermore, fluctuations in raw material availability, often linked to environmental factors, can disrupt production.

How do regulations impact the Upstream Lipoic Acid Market in 2025?

Regulatory standards play a significant role in shaping upstream operations. Manufacturers must comply with strict regulations for the production of dietary supplements and pharmaceuticals, ensuring that lipoic acid meets safety and quality guidelines. The enforcement of environmental and sustainability regulations also impacts how raw materials are sourced and processed.

Market Midstream Analysis
Description

What are the key activities in the Midstream Lipoic Acid Market in 2025?

Midstream activities in the Lipoic Acid Market involve the processing, formulation, and packaging of lipoic acid products. This includes transforming raw lipoic acid into finished products such as dietary supplements, pharmaceuticals, or cosmetic formulations. Distribution logistics, ensuring product safety, and maintaining compliance with industry regulations are also crucial in this stage.

What are the main players in the Midstream Lipoic Acid Market in 2025?

Main players in the midstream market include contract manufacturers, formulation companies, and packaging suppliers. These players specialize in producing lipoic acid products at scale, ensuring they meet regulatory requirements, and preparing products for distribution. Large pharmaceutical companies, health supplement brands, and cosmetics firms also contribute significantly to the midstream market.

What challenges exist in the Midstream Lipoic Acid Market in 2025?

The midstream market faces challenges related to maintaining consistent product quality across large-scale production. Variations in raw material quality, potential contamination during processing, and the complexities of meeting both regulatory standards and consumer expectations can be obstacles. Additionally, managing the logistics of product distribution in a global market can increase costs and lead to delays.

How do technological advancements impact the Midstream Lipoic Acid Market in 2025?

Technological advancements in formulation techniques, quality control systems, and packaging solutions are enhancing the efficiency of midstream operations. Automation in production processes reduces costs and improves consistency in product quality. New packaging technologies also help improve the shelf life and bioavailability of lipoic acid in supplements and cosmetics, increasing market appeal.

What role do regulations play in the Midstream Lipoic Acid Market in 2025?

Regulations are crucial in the midstream market, as they ensure that lipoic acid products are safe, effective, and compliant with regional standards. This includes quality control, labeling requirements, and adherence to GMP (Good Manufacturing Practices). Stricter regulations regarding claims, safety, and environmental impact influence how companies design, produce, and market lipoic acid-based products.

Market Downstream Analysis
Description

What are the key activities in the Downstream Lipoic Acid Market in 2025?

Downstream activities in the Lipoic Acid Market involve the marketing, distribution, and sale of finished products to end consumers. This includes dietary supplements, pharmaceutical products, and skincare formulations containing lipoic acid. Consumer education, branding, and after-sales services also play a significant role in driving demand and customer loyalty.

Who are the main players in the Downstream Lipoic Acid Market in 2025?

Main players in the downstream market include health supplement companies, pharmaceutical brands, and cosmetics manufacturers. These companies are responsible for the final product that reaches consumers, often focusing on marketing strategies, online sales, and retail distribution networks to boost consumer awareness and market penetration.

What challenges are faced in the Downstream Lipoic Acid Market in 2025?

Challenges in the downstream market include intense competition from other antioxidants and supplements, pricing pressures, and the need to constantly innovate in product offerings. Consumer skepticism around the efficacy of new products, along with regulatory hurdles in different regions, also poses difficulties in market expansion and product adoption.

How do consumer trends impact the Downstream Lipoic Acid Market in 2025?

Consumer trends focusing on health, wellness, and aging are driving demand for lipoic acid products, particularly for antioxidants and skin health. As more people look for natural and science-backed supplements, the market sees a shift toward products with transparent ingredient sourcing and clinically proven benefits. Growing interest in preventive healthcare also supports market growth.

What role do distribution channels play in the Downstream Lipoic Acid Market in 2025?

Distribution channels are critical in the downstream market, as they determine how widely and efficiently lipoic acid products are available to consumers. E-commerce platforms are increasingly important, but traditional retail channels, such as health food stores and pharmacies, remain vital. Ensuring effective supply chain management and expanding global reach are key to market success.

Chapter Overview
Description

Chapter 1, to describe Lipoic Acid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Lipoic Acid, with price, sales, revenue and global market share of Lipoic Acid from 2018 to 2023.
Chapter 3, the Lipoic Acid competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lipoic Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Lipoic Acid market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Lipoic Acid.
Chapter 14 and 15, to describe Lipoic Acid sales channel, distributors, customers, research findings and conclusion.

Table Of Contents
Description

1 Market Overview

   1.1 Product Overview and Scope of Lipoic Acid
   1.2 Market Estimation Caveats and Base Year
   1.3 Market Analysis by Type
       1.3.1 Overview: Global Lipoic Acid Consumption Value by Type: 2018 Versus 2022 Versus 2029
       1.3.2 Medical Grade
       1.3.3 Food Grade
   1.4 Market Analysis by Application
       1.4.1 Overview: Global Lipoic Acid Consumption Value by Application: 2018 Versus 2022 Versus 2029
       1.4.2 Health Care Products
       1.4.3 Slimming Products
       1.4.4 Others
   1.5 Global Lipoic Acid Market Size & Forecast
       1.5.1 Global Lipoic Acid Consumption Value (2018 & 2022 & 2029)
       1.5.2 Global Lipoic Acid Sales Quantity (2018-2029)
       1.5.3 Global Lipoic Acid Average Price (2018-2029)

2 Manufacturers Profiles

   2.1 Tonghe
       2.1.1 Tonghe Details
       2.1.2 Tonghe Major Business
       2.1.3 Tonghe Lipoic Acid Product and Services
       2.1.4 Tonghe Lipoic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.1.5 Tonghe Recent Developments/Updates
   2.2 Shyndec
       2.2.1 Shyndec Details
       2.2.2 Shyndec Major Business
       2.2.3 Shyndec Lipoic Acid Product and Services
       2.2.4 Shyndec Lipoic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.2.5 Shyndec Recent Developments/Updates
   2.3 Fushilai Pharmaceutical
       2.3.1 Fushilai Pharmaceutical Details
       2.3.2 Fushilai Pharmaceutical Major Business
       2.3.3 Fushilai Pharmaceutical Lipoic Acid Product and Services
       2.3.4 Fushilai Pharmaceutical Lipoic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.3.5 Fushilai Pharmaceutical Recent Developments/Updates
   2.4 Maidesen
       2.4.1 Maidesen Details
       2.4.2 Maidesen Major Business
       2.4.3 Maidesen Lipoic Acid Product and Services
       2.4.4 Maidesen Lipoic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.4.5 Maidesen Recent Developments/Updates
   2.5 Taike Biological
       2.5.1 Taike Biological Details
       2.5.2 Taike Biological Major Business
       2.5.3 Taike Biological Lipoic Acid Product and Services
       2.5.4 Taike Biological Lipoic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.5.5 Taike Biological Recent Developments/Updates
   2.6 DKY Technology
       2.6.1 DKY Technology Details
       2.6.2 DKY Technology Major Business
       2.6.3 DKY Technology Lipoic Acid Product and Services
       2.6.4 DKY Technology Lipoic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.6.5 DKY Technology Recent Developments/Updates
   2.7 Haoxiang Bio
       2.7.1 Haoxiang Bio Details
       2.7.2 Haoxiang Bio Major Business
       2.7.3 Haoxiang Bio Lipoic Acid Product and Services
       2.7.4 Haoxiang Bio Lipoic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.7.5 Haoxiang Bio Recent Developments/Updates
   2.8 Infa Group
       2.8.1 Infa Group Details
       2.8.2 Infa Group Major Business
       2.8.3 Infa Group Lipoic Acid Product and Services
       2.8.4 Infa Group Lipoic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.8.5 Infa Group Recent Developments/Updates

3 Competitive Environment: Lipoic Acid by Manufacturer

   3.1 Global Lipoic Acid Sales Quantity by Manufacturer (2018-2023)
   3.2 Global Lipoic Acid Revenue by Manufacturer (2018-2023)
   3.3 Global Lipoic Acid Average Price by Manufacturer (2018-2023)
   3.4 Market Share Analysis (2022)
       3.4.1 Producer Shipments of Lipoic Acid by Manufacturer Revenue ($MM) and Market Share (%): 2022
       3.4.2 Top 3 Lipoic Acid Manufacturer Market Share in 2022
       3.4.2 Top 6 Lipoic Acid Manufacturer Market Share in 2022
   3.5 Lipoic Acid Market: Overall Company Footprint Analysis
       3.5.1 Lipoic Acid Market: Region Footprint
       3.5.2 Lipoic Acid Market: Company Product Type Footprint
       3.5.3 Lipoic Acid Market: Company Product Application Footprint
   3.6 New Market Entrants and Barriers to Market Entry
   3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

   4.1 Global Lipoic Acid Market Size by Region
       4.1.1 Global Lipoic Acid Sales Quantity by Region (2018-2029)
       4.1.2 Global Lipoic Acid Consumption Value by Region (2018-2029)
       4.1.3 Global Lipoic Acid Average Price by Region (2018-2029)
   4.2 North America Lipoic Acid Consumption Value (2018-2029)
   4.3 Europe Lipoic Acid Consumption Value (2018-2029)
   4.4 Asia-Pacific Lipoic Acid Consumption Value (2018-2029)
   4.5 South America Lipoic Acid Consumption Value (2018-2029)
   4.6 Middle East and Africa Lipoic Acid Consumption Value (2018-2029)

5 Market Segment by Type

   5.1 Global Lipoic Acid Sales Quantity by Type (2018-2029)
   5.2 Global Lipoic Acid Consumption Value by Type (2018-2029)
   5.3 Global Lipoic Acid Average Price by Type (2018-2029)

6 Market Segment by Application

   6.1 Global Lipoic Acid Sales Quantity by Application (2018-2029)
   6.2 Global Lipoic Acid Consumption Value by Application (2018-2029)
   6.3 Global Lipoic Acid Average Price by Application (2018-2029)

7 North America

   7.1 North America Lipoic Acid Sales Quantity by Type (2018-2029)
   7.2 North America Lipoic Acid Sales Quantity by Application (2018-2029)
   7.3 North America Lipoic Acid Market Size by Country
       7.3.1 North America Lipoic Acid Sales Quantity by Country (2018-2029)
       7.3.2 North America Lipoic Acid Consumption Value by Country (2018-2029)
       7.3.3 United States Market Size and Forecast (2018-2029)
       7.3.4 Canada Market Size and Forecast (2018-2029)
       7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe

   8.1 Europe Lipoic Acid Sales Quantity by Type (2018-2029)
   8.2 Europe Lipoic Acid Sales Quantity by Application (2018-2029)
   8.3 Europe Lipoic Acid Market Size by Country
       8.3.1 Europe Lipoic Acid Sales Quantity by Country (2018-2029)
       8.3.2 Europe Lipoic Acid Consumption Value by Country (2018-2029)
       8.3.3 Germany Market Size and Forecast (2018-2029)
       8.3.4 France Market Size and Forecast (2018-2029)
       8.3.5 United Kingdom Market Size and Forecast (2018-2029)
       8.3.6 Russia Market Size and Forecast (2018-2029)
       8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific

   9.1 Asia-Pacific Lipoic Acid Sales Quantity by Type (2018-2029)
   9.2 Asia-Pacific Lipoic Acid Sales Quantity by Application (2018-2029)
   9.3 Asia-Pacific Lipoic Acid Market Size by Region
       9.3.1 Asia-Pacific Lipoic Acid Sales Quantity by Region (2018-2029)
       9.3.2 Asia-Pacific Lipoic Acid Consumption Value by Region (2018-2029)
       9.3.3 China Market Size and Forecast (2018-2029)
       9.3.4 Japan Market Size and Forecast (2018-2029)
       9.3.5 Korea Market Size and Forecast (2018-2029)
       9.3.6 India Market Size and Forecast (2018-2029)
       9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
       9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America

   10.1 South America Lipoic Acid Sales Quantity by Type (2018-2029)
   10.2 South America Lipoic Acid Sales Quantity by Application (2018-2029)
   10.3 South America Lipoic Acid Market Size by Country
       10.3.1 South America Lipoic Acid Sales Quantity by Country (2018-2029)
       10.3.2 South America Lipoic Acid Consumption Value by Country (2018-2029)
       10.3.3 Brazil Market Size and Forecast (2018-2029)
       10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa

   11.1 Middle East & Africa Lipoic Acid Sales Quantity by Type (2018-2029)
   11.2 Middle East & Africa Lipoic Acid Sales Quantity by Application (2018-2029)
   11.3 Middle East & Africa Lipoic Acid Market Size by Country
       11.3.1 Middle East & Africa Lipoic Acid Sales Quantity by Country (2018-2029)
       11.3.2 Middle East & Africa Lipoic Acid Consumption Value by Country (2018-2029)
       11.3.3 Turkey Market Size and Forecast (2018-2029)
       11.3.4 Egypt Market Size and Forecast (2018-2029)
       11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
       11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics

   12.1 Lipoic Acid Market Drivers
   12.2 Lipoic Acid Market Restraints
   12.3 Lipoic Acid Trends Analysis
   12.4 Porters Five Forces Analysis
       12.4.1 Threat of New Entrants
       12.4.2 Bargaining Power of Suppliers
       12.4.3 Bargaining Power of Buyers
       12.4.4 Threat of Substitutes
       12.4.5 Competitive Rivalry
   12.5 Influence of COVID-19 and Russia-Ukraine War
       12.5.1 Influence of COVID-19
       12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain

   13.1 Raw Material of Lipoic Acid and Key Manufacturers
   13.2 Manufacturing Costs Percentage of Lipoic Acid
   13.3 Lipoic Acid Production Process
   13.4 Lipoic Acid Industrial Chain

14 Shipments by Distribution Channel

   14.1 Sales Channel
       14.1.1 Direct to End-User
       14.1.2 Distributors
   14.2 Lipoic Acid Typical Distributors
   14.3 Lipoic Acid Typical Customers

15 Research Findings and Conclusion

16 Appendix

   16.1 Methodology
   16.2 Research Process and Data Source
   16.3 Disclaimer

Tables And Figures
Description

List of Tables

   Table 1. Global Lipoic Acid Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
   Table 2. Global Lipoic Acid Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
   Table 3. Tonghe Basic Information, Manufacturing Base and Competitors
   Table 4. Tonghe Major Business
   Table 5. Tonghe Lipoic Acid Product and Services
   Table 6. Tonghe Lipoic Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 7. Tonghe Recent Developments/Updates
   Table 8. Shyndec Basic Information, Manufacturing Base and Competitors
   Table 9. Shyndec Major Business
   Table 10. Shyndec Lipoic Acid Product and Services
   Table 11. Shyndec Lipoic Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 12. Shyndec Recent Developments/Updates
   Table 13. Fushilai Pharmaceutical Basic Information, Manufacturing Base and Competitors
   Table 14. Fushilai Pharmaceutical Major Business
   Table 15. Fushilai Pharmaceutical Lipoic Acid Product and Services
   Table 16. Fushilai Pharmaceutical Lipoic Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 17. Fushilai Pharmaceutical Recent Developments/Updates
   Table 18. Maidesen Basic Information, Manufacturing Base and Competitors
   Table 19. Maidesen Major Business
   Table 20. Maidesen Lipoic Acid Product and Services
   Table 21. Maidesen Lipoic Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 22. Maidesen Recent Developments/Updates
   Table 23. Taike Biological Basic Information, Manufacturing Base and Competitors
   Table 24. Taike Biological Major Business
   Table 25. Taike Biological Lipoic Acid Product and Services
   Table 26. Taike Biological Lipoic Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 27. Taike Biological Recent Developments/Updates
   Table 28. DKY Technology Basic Information, Manufacturing Base and Competitors
   Table 29. DKY Technology Major Business
   Table 30. DKY Technology Lipoic Acid Product and Services
   Table 31. DKY Technology Lipoic Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 32. DKY Technology Recent Developments/Updates
   Table 33. Haoxiang Bio Basic Information, Manufacturing Base and Competitors
   Table 34. Haoxiang Bio Major Business
   Table 35. Haoxiang Bio Lipoic Acid Product and Services
   Table 36. Haoxiang Bio Lipoic Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 37. Haoxiang Bio Recent Developments/Updates
   Table 38. Infa Group Basic Information, Manufacturing Base and Competitors
   Table 39. Infa Group Major Business
   Table 40. Infa Group Lipoic Acid Product and Services
   Table 41. Infa Group Lipoic Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 42. Infa Group Recent Developments/Updates
   Table 43. Global Lipoic Acid Sales Quantity by Manufacturer (2018-2023) & (K MT)
   Table 44. Global Lipoic Acid Revenue by Manufacturer (2018-2023) & (USD Million)
   Table 45. Global Lipoic Acid Average Price by Manufacturer (2018-2023) & (USD/MT)
   Table 46. Market Position of Manufacturers in Lipoic Acid, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
   Table 47. Head Office and Lipoic Acid Production Site of Key Manufacturer
   Table 48. Lipoic Acid Market: Company Product Type Footprint
   Table 49. Lipoic Acid Market: Company Product Application Footprint
   Table 50. Lipoic Acid New Market Entrants and Barriers to Market Entry
   Table 51. Lipoic Acid Mergers, Acquisition, Agreements, and Collaborations
   Table 52. Global Lipoic Acid Sales Quantity by Region (2018-2023) & (K MT)
   Table 53. Global Lipoic Acid Sales Quantity by Region (2024-2029) & (K MT)
   Table 54. Global Lipoic Acid Consumption Value by Region (2018-2023) & (USD Million)
   Table 55. Global Lipoic Acid Consumption Value by Region (2024-2029) & (USD Million)
   Table 56. Global Lipoic Acid Average Price by Region (2018-2023) & (USD/MT)
   Table 57. Global Lipoic Acid Average Price by Region (2024-2029) & (USD/MT)
   Table 58. Global Lipoic Acid Sales Quantity by Type (2018-2023) & (K MT)
   Table 59. Global Lipoic Acid Sales Quantity by Type (2024-2029) & (K MT)
   Table 60. Global Lipoic Acid Consumption Value by Type (2018-2023) & (USD Million)
   Table 61. Global Lipoic Acid Consumption Value by Type (2024-2029) & (USD Million)
   Table 62. Global Lipoic Acid Average Price by Type (2018-2023) & (USD/MT)
   Table 63. Global Lipoic Acid Average Price by Type (2024-2029) & (USD/MT)
   Table 64. Global Lipoic Acid Sales Quantity by Application (2018-2023) & (K MT)
   Table 65. Global Lipoic Acid Sales Quantity by Application (2024-2029) & (K MT)
   Table 66. Global Lipoic Acid Consumption Value by Application (2018-2023) & (USD Million)
   Table 67. Global Lipoic Acid Consumption Value by Application (2024-2029) & (USD Million)
   Table 68. Global Lipoic Acid Average Price by Application (2018-2023) & (USD/MT)
   Table 69. Global Lipoic Acid Average Price by Application (2024-2029) & (USD/MT)
   Table 70. North America Lipoic Acid Sales Quantity by Type (2018-2023) & (K MT)
   Table 71. North America Lipoic Acid Sales Quantity by Type (2024-2029) & (K MT)
   Table 72. North America Lipoic Acid Sales Quantity by Application (2018-2023) & (K MT)
   Table 73. North America Lipoic Acid Sales Quantity by Application (2024-2029) & (K MT)
   Table 74. North America Lipoic Acid Sales Quantity by Country (2018-2023) & (K MT)
   Table 75. North America Lipoic Acid Sales Quantity by Country (2024-2029) & (K MT)
   Table 76. North America Lipoic Acid Consumption Value by Country (2018-2023) & (USD Million)
   Table 77. North America Lipoic Acid Consumption Value by Country (2024-2029) & (USD Million)
   Table 78. Europe Lipoic Acid Sales Quantity by Type (2018-2023) & (K MT)
   Table 79. Europe Lipoic Acid Sales Quantity by Type (2024-2029) & (K MT)
   Table 80. Europe Lipoic Acid Sales Quantity by Application (2018-2023) & (K MT)
   Table 81. Europe Lipoic Acid Sales Quantity by Application (2024-2029) & (K MT)
   Table 82. Europe Lipoic Acid Sales Quantity by Country (2018-2023) & (K MT)
   Table 83. Europe Lipoic Acid Sales Quantity by Country (2024-2029) & (K MT)
   Table 84. Europe Lipoic Acid Consumption Value by Country (2018-2023) & (USD Million)
   Table 85. Europe Lipoic Acid Consumption Value by Country (2024-2029) & (USD Million)
   Table 86. Asia-Pacific Lipoic Acid Sales Quantity by Type (2018-2023) & (K MT)
   Table 87. Asia-Pacific Lipoic Acid Sales Quantity by Type (2024-2029) & (K MT)
   Table 88. Asia-Pacific Lipoic Acid Sales Quantity by Application (2018-2023) & (K MT)
   Table 89. Asia-Pacific Lipoic Acid Sales Quantity by Application (2024-2029) & (K MT)
   Table 90. Asia-Pacific Lipoic Acid Sales Quantity by Region (2018-2023) & (K MT)
   Table 91. Asia-Pacific Lipoic Acid Sales Quantity by Region (2024-2029) & (K MT)
   Table 92. Asia-Pacific Lipoic Acid Consumption Value by Region (2018-2023) & (USD Million)
   Table 93. Asia-Pacific Lipoic Acid Consumption Value by Region (2024-2029) & (USD Million)
   Table 94. South America Lipoic Acid Sales Quantity by Type (2018-2023) & (K MT)
   Table 95. South America Lipoic Acid Sales Quantity by Type (2024-2029) & (K MT)
   Table 96. South America Lipoic Acid Sales Quantity by Application (2018-2023) & (K MT)
   Table 97. South America Lipoic Acid Sales Quantity by Application (2024-2029) & (K MT)
   Table 98. South America Lipoic Acid Sales Quantity by Country (2018-2023) & (K MT)
   Table 99. South America Lipoic Acid Sales Quantity by Country (2024-2029) & (K MT)
   Table 100. South America Lipoic Acid Consumption Value by Country (2018-2023) & (USD Million)
   Table 101. South America Lipoic Acid Consumption Value by Country (2024-2029) & (USD Million)
   Table 102. Middle East & Africa Lipoic Acid Sales Quantity by Type (2018-2023) & (K MT)
   Table 103. Middle East & Africa Lipoic Acid Sales Quantity by Type (2024-2029) & (K MT)
   Table 104. Middle East & Africa Lipoic Acid Sales Quantity by Application (2018-2023) & (K MT)
   Table 105. Middle East & Africa Lipoic Acid Sales Quantity by Application (2024-2029) & (K MT)
   Table 106. Middle East & Africa Lipoic Acid Sales Quantity by Region (2018-2023) & (K MT)
   Table 107. Middle East & Africa Lipoic Acid Sales Quantity by Region (2024-2029) & (K MT)
   Table 108. Middle East & Africa Lipoic Acid Consumption Value by Region (2018-2023) & (USD Million)
   Table 109. Middle East & Africa Lipoic Acid Consumption Value by Region (2024-2029) & (USD Million)
   Table 110. Lipoic Acid Raw Material
   Table 111. Key Manufacturers of Lipoic Acid Raw Materials
   Table 112. Lipoic Acid Typical Distributors
   Table 113. Lipoic Acid Typical Customers

List of Figures

   Figure 1. Lipoic Acid Picture
   Figure 2. Global Lipoic Acid Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
   Figure 3. Global Lipoic Acid Consumption Value Market Share by Type in 2022
   Figure 4. Medical Grade Examples
   Figure 5. Food Grade Examples
   Figure 6. Global Lipoic Acid Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
   Figure 7. Global Lipoic Acid Consumption Value Market Share by Application in 2022
   Figure 8. Health Care Products Examples
   Figure 9. Slimming Products Examples
   Figure 10. Others Examples
   Figure 11. Global Lipoic Acid Consumption Value, (USD Million): 2018 & 2022 & 2029
   Figure 12. Global Lipoic Acid Consumption Value and Forecast (2018-2029) & (USD Million)
   Figure 13. Global Lipoic Acid Sales Quantity (2018-2029) & (K MT)
   Figure 14. Global Lipoic Acid Average Price (2018-2029) & (USD/MT)
   Figure 15. Global Lipoic Acid Sales Quantity Market Share by Manufacturer in 2022
   Figure 16. Global Lipoic Acid Consumption Value Market Share by Manufacturer in 2022
   Figure 17. Producer Shipments of Lipoic Acid by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
   Figure 18. Top 3 Lipoic Acid Manufacturer (Consumption Value) Market Share in 2022
   Figure 19. Top 6 Lipoic Acid Manufacturer (Consumption Value) Market Share in 2022
   Figure 20. Global Lipoic Acid Sales Quantity Market Share by Region (2018-2029)
   Figure 21. Global Lipoic Acid Consumption Value Market Share by Region (2018-2029)
   Figure 22. North America Lipoic Acid Consumption Value (2018-2029) & (USD Million)
   Figure 23. Europe Lipoic Acid Consumption Value (2018-2029) & (USD Million)
   Figure 24. Asia-Pacific Lipoic Acid Consumption Value (2018-2029) & (USD Million)
   Figure 25. South America Lipoic Acid Consumption Value (2018-2029) & (USD Million)
   Figure 26. Middle East & Africa Lipoic Acid Consumption Value (2018-2029) & (USD Million)
   Figure 27. Global Lipoic Acid Sales Quantity Market Share by Type (2018-2029)
   Figure 28. Global Lipoic Acid Consumption Value Market Share by Type (2018-2029)
   Figure 29. Global Lipoic Acid Average Price by Type (2018-2029) & (USD/MT)
   Figure 30. Global Lipoic Acid Sales Quantity Market Share by Application (2018-2029)
   Figure 31. Global Lipoic Acid Consumption Value Market Share by Application (2018-2029)
   Figure 32. Global Lipoic Acid Average Price by Application (2018-2029) & (USD/MT)
   Figure 33. North America Lipoic Acid Sales Quantity Market Share by Type (2018-2029)
   Figure 34. North America Lipoic Acid Sales Quantity Market Share by Application (2018-2029)
   Figure 35. North America Lipoic Acid Sales Quantity Market Share by Country (2018-2029)
   Figure 36. North America Lipoic Acid Consumption Value Market Share by Country (2018-2029)
   Figure 37. United States Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 38. Canada Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 39. Mexico Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 40. Europe Lipoic Acid Sales Quantity Market Share by Type (2018-2029)
   Figure 41. Europe Lipoic Acid Sales Quantity Market Share by Application (2018-2029)
   Figure 42. Europe Lipoic Acid Sales Quantity Market Share by Country (2018-2029)
   Figure 43. Europe Lipoic Acid Consumption Value Market Share by Country (2018-2029)
   Figure 44. Germany Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 45. France Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 46. United Kingdom Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 47. Russia Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 48. Italy Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 49. Asia-Pacific Lipoic Acid Sales Quantity Market Share by Type (2018-2029)
   Figure 50. Asia-Pacific Lipoic Acid Sales Quantity Market Share by Application (2018-2029)
   Figure 51. Asia-Pacific Lipoic Acid Sales Quantity Market Share by Region (2018-2029)
   Figure 52. Asia-Pacific Lipoic Acid Consumption Value Market Share by Region (2018-2029)
   Figure 53. China Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 54. Japan Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 55. Korea Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 56. India Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 57. Southeast Asia Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 58. Australia Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 59. South America Lipoic Acid Sales Quantity Market Share by Type (2018-2029)
   Figure 60. South America Lipoic Acid Sales Quantity Market Share by Application (2018-2029)
   Figure 61. South America Lipoic Acid Sales Quantity Market Share by Country (2018-2029)
   Figure 62. South America Lipoic Acid Consumption Value Market Share by Country (2018-2029)
   Figure 63. Brazil Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 64. Argentina Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 65. Middle East & Africa Lipoic Acid Sales Quantity Market Share by Type (2018-2029)
   Figure 66. Middle East & Africa Lipoic Acid Sales Quantity Market Share by Application (2018-2029)
   Figure 67. Middle East & Africa Lipoic Acid Sales Quantity Market Share by Region (2018-2029)
   Figure 68. Middle East & Africa Lipoic Acid Consumption Value Market Share by Region (2018-2029)
   Figure 69. Turkey Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 70. Egypt Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 71. Saudi Arabia Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 72. South Africa Lipoic Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 73. Lipoic Acid Market Drivers
   Figure 74. Lipoic Acid Market Restraints
   Figure 75. Lipoic Acid Market Trends
   Figure 76. Porters Five Forces Analysis
   Figure 77. Manufacturing Cost Structure Analysis of Lipoic Acid in 2022
   Figure 78. Manufacturing Process Analysis of Lipoic Acid
   Figure 79. Lipoic Acid Industrial Chain
   Figure 80. Sales Quantity Channel: Direct to End-User vs Distributors
   Figure 81. Direct Channel Pros & Cons
   Figure 82. Indirect Channel Pros & Cons
   Figure 83. Methodology
   Figure 84. Research Process and Data Source

Research Methodology

Market Research Methodology for Quants and Trends