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Alpha Lipoic Acid Market Share
- Report ID: GMI1605
- Published Date: Jun 2021
- Report Format: PDF
Alpha Lipoic Acid Market Share
Key players operating in the alpha lipoic acid industry are focusing on production capacity expansion. Some of the major players operating in the market include
- Infa Group (Olon S.p.A.)
- Suzhou Fushilai Pharmaceutical
- HiMedia Laboratories
- MTC Industries
- Shandong Qidu Pharmaceutical
- Qufu Maidesen Fine Chemical
- Shanghai Shyndec (Modern) Pharmaceutical
- Jiangsu Tohope Pharmaceutical
- GeroNova Research
- Source Naturals
Frequently Asked Questions (FAQ) :
Alpha lipoic acid market size had reached USD 805.7 million in 2020 and will observe a CAGR OF 6.3% through 2027.
R-lipoic acid market will capture over 87% share by 2027 owing to heightened product demand for preventing diabetes, treating neuro disorders, reducing weight, preventing cataract formation, etc.
Medical drugs segment had secured 44.6% share in 2020 on account of increasing product demand for manufacturing several drugs that can treat numerous fatal diseases like diabetes, cancer, HIV, etc.
Asia Pacific had held 36.2% share in 2020 and will register 6.8% CAGR through 2027 owing to expanding medical industry and increased consumer expenditure on healthcare.
Alpha Lipoic Acid Market Scope
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