Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size, Manufacturers, Opportunities and Forecast to 2030


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.

According to APO Research, The global Thioctic Acid (Alpha Lipoic Acid) (ALA) market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

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%.

Report Scope

This report 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).

The Thioctic Acid (Alpha Lipoic Acid) (ALA) market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Thioctic Acid (Alpha Lipoic Acid) (ALA) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

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

Thioctic Acid (Alpha Lipoic Acid) (ALA) segment by Type

Medical Grade
Food Grade

Thioctic Acid (Alpha Lipoic Acid) (ALA) segment by Application

Health Care
Pharmaceutical
Others

Thioctic Acid (Alpha Lipoic Acid) (ALA) Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Thioctic Acid (Alpha Lipoic Acid) (ALA) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Thioctic Acid (Alpha Lipoic Acid) (ALA) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Thioctic Acid (Alpha Lipoic Acid) (ALA).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Thioctic Acid (Alpha Lipoic Acid) (ALA) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Thioctic Acid (Alpha Lipoic Acid) (ALA) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Estimates and Forecasts (2019-2030)
1.3 Thioctic Acid (Alpha Lipoic Acid) (ALA) Market by Type
1.3.1 Medical Grade
1.3.2 Food Grade
1.4 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size by Type
1.4.1 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size Overview by Type (2019-2030)
1.4.2 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Historic Market Size Review by Type (2019-2024)
1.4.3 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Breakdown by Type (2019-2024)
1.5.2 Europe Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Thioctic Acid (Alpha Lipoic Acid) (ALA) Industry Trends
2.2 Thioctic Acid (Alpha Lipoic Acid) (ALA) Industry Drivers
2.3 Thioctic Acid (Alpha Lipoic Acid) (ALA) Industry Opportunities and Challenges
2.4 Thioctic Acid (Alpha Lipoic Acid) (ALA) Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Thioctic Acid (Alpha Lipoic Acid) (ALA) Revenue (2019-2024)
3.2 Global Top Players by Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales (2019-2024)
3.3 Global Top Players by Thioctic Acid (Alpha Lipoic Acid) (ALA) Price (2019-2024)
3.4 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Industry Company Ranking, 20
22 VS 2023 VS 2024
3.5 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Key Company Manufacturing Sites & Headquarters
3.6 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Company, Product Type & Application
3.7 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market CR5 and HHI
3.8.2 Global Top 5 and
10 Thioctic Acid (Alpha Lipoic Acid) (ALA) Players Market Share by Revenue in 2023
3.8.3 20
23 Thioctic Acid (Alpha Lipoic Acid) (ALA) Tier 1, Tier 2, and Tier 3
4 Thioctic Acid (Alpha Lipoic Acid) (ALA) Regional Status and Outlook
4.1 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size and CAGR by Region: 20
19 VS 2023 VS 2030
4.2 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Historic Market Size by Region
4.2.1 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales in Volume by Region (2019-2024)
4.2.2 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales in Value by Region (2019-2024)
4.2.3 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Forecasted Market Size by Region
4.3.1 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales in Volume by Region (2025-2030)
4.3.2 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales in Value by Region (2025-2030)
4.3.3 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Thioctic Acid (Alpha Lipoic Acid) (ALA) by Application
5.1 Thioctic Acid (Alpha Lipoic Acid) (ALA) Market by Application
5.1.1 Health Care
5.1.2 Pharmaceutical
5.1.3 Others
5.2 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size by Application
5.2.1 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size Overview by Application (2019-2030)
5.2.2 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Historic Market Size Review by Application (2019-2024)
5.2.3 Global Thioctic Acid (Alpha Lipoic Acid) (ALA) Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Breakdown by Application (2019-2024)
5.3.2 Europe Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Tonghe
6.1.1 Tonghe Comapny Information
6.1.2 Tonghe Business Overview
6.1.3 Tonghe Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Tonghe Thioctic Acid (Alpha Lipoic Acid) (ALA) Product Portfolio
6.1.5 Tonghe Recent Developments
6.2 Shyndec
6.2.1 Shyndec Comapny Information
6.2.2 Shyndec Business Overview
6.2.3 Shyndec Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Shyndec Thioctic Acid (Alpha Lipoic Acid) (ALA) Product Portfolio
6.2.5 Shyndec Recent Developments
6.3 Fushilai Pharmaceutical
6.3.1 Fushilai Pharmaceutical Comapny Information
6.3.2 Fushilai Pharmaceutical Business Overview
6.3.3 Fushilai Pharmaceutical Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Fushilai Pharmaceutical Thioctic Acid (Alpha Lipoic Acid) (ALA) Product Portfolio
6.3.5 Fushilai Pharmaceutical Recent Developments
6.4 Maidesen
6.4.1 Maidesen Comapny Information
6.4.2 Maidesen Business Overview
6.4.3 Maidesen Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Maidesen Thioctic Acid (Alpha Lipoic Acid) (ALA) Product Portfolio
6.4.5 Maidesen Recent Developments
6.5 Taike Biological
6.5.1 Taike Biological Comapny Information
6.5.2 Taike Biological Business Overview
6.5.3 Taike Biological Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Taike Biological Thioctic Acid (Alpha Lipoic Acid) (ALA) Product Portfolio
6.5.5 Taike Biological Recent Developments
6.6 DKY Technology
6.6.1 DKY Technology Comapny Information
6.6.2 DKY Technology Business Overview
6.6.3 DKY Technology Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales, Revenue and Gross Margin (2019-2024)
6.6.4 DKY Technology Thioctic Acid (Alpha Lipoic Acid) (ALA) Product Portfolio
6.6.5 DKY Technology Recent Developments
6.7 Haoxiang Bio
6.7.1 Haoxiang Bio Comapny Information
6.7.2 Haoxiang Bio Business Overview
6.7.3 Haoxiang Bio Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Haoxiang Bio Thioctic Acid (Alpha Lipoic Acid) (ALA) Product Portfolio
6.7.5 Haoxiang Bio Recent Developments
6.8 Infa Group
6.8.1 Infa Group Comapny Information
6.8.2 Infa Group Business Overview
6.8.3 Infa Group Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Infa Group Thioctic Acid (Alpha Lipoic Acid) (ALA) Product Portfolio
6.8.5 Infa Group Recent Developments
7 North America by Country
7.1 North America Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales by Country
7.1.1 North America Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.1.2 North America Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales by Country (2019-2024)
7.1.3 North America Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Forecast by Country (2025-2030)
7.2 North America Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size by Country
7.2.1 North America Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2.2 North America Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size by Country (2019-2024)
7.2.3 North America Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales by Country
8.1.1 Europe Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.1.2 Europe Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales by Country (2019-2024)
8.1.3 Europe Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Forecast by Country (2025-2030)
8.2 Europe Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size by Country
8.2.1 Europe Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2.2 Europe Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size by Country (2019-2024)
8.2.3 Europe Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales by Country
9.1.1 Asia-Pacific Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.1.2 Asia-Pacific Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales by Country (2019-2024)
9.1.3 Asia-Pacific Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size by Country
9.2.1 Asia-Pacific Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2.2 Asia-Pacific Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales by Country
10.1.1 Latin America Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.1.2 Latin America Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales by Country (2019-2024)
10.1.3 Latin America Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Forecast by Country (2025-2030)
10.2 Latin America Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size by Country
10.2.1 Latin America Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2.2 Latin America Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size by Country (2019-2024)
10.2.3 Latin America Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales by Country
11.1.1 Middle East and Africa Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.1.2 Middle East and Africa Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales by Country (2019-2024)
11.1.3 Middle East and Africa Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size by Country
11.2.1 Middle East and Africa Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2.2 Middle East and Africa Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Thioctic Acid (Alpha Lipoic Acid) (ALA) Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Thioctic Acid (Alpha Lipoic Acid) (ALA) Value Chain Analysis
12.1.1 Thioctic Acid (Alpha Lipoic Acid) (ALA) Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Thioctic Acid (Alpha Lipoic Acid) (ALA) Production Mode & Process
12.2 Thioctic Acid (Alpha Lipoic Acid) (ALA) Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Thioctic Acid (Alpha Lipoic Acid) (ALA) Distributors
12.2.3 Thioctic Acid (Alpha Lipoic Acid) (ALA) Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings