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The global alpha lipoic acid market was worth USD 800.10 mn in 2022, and it is expected to rise to USD 1364.59 mn by 2030, at a CAGR of 6.4% between 2023 and 2030.
The potential health benefits of alpha lipoic acid are increasing its popularity around the world. Alpha lipoic acid (ALA) is a naturally occurring antioxidant and energy booster that plays a crucial role in many cellular functions. It is available in several meals and as a dietary supplement. The rise of the market can be attributed to rising demand for natural and nutritional supplements, the general trend toward improved quality of life, and the rising number of research demonstrating ALA's efficacy in treating various diseases.
ALA is often recommended because of its positive effects on skin health, oxidative stress, and glucose metabolism. As an antioxidant that can be dissolved in both fat and water, ALA has a leg up on the competition when it comes to neutralizing free radicals. Many different forms of ALA, including liquids, tablets, and capsules, are commercially accessible. It can be purchased on its own or combined with other ingredients in targeted regimens for a variety of health concerns.
The need for nutritional supplements has increased as people become more health conscious and aware of the benefits of maintaining a healthy and active lifestyle. For instance, the market for nutritional supplements is predicted to increase at a CAGR (compound annual growth rate) of 21%, reaching $10 billion by 2022, according to a report published by India Brands Equity Foundation. Alpha-lipoic acid is a popular component in multivitamin formulas because of its ability to boost the body's natural detoxification processes. It helps the body better process glucose and ascorbate, and it keeps blood fats and cholesterol at a healthy level. There is potential for the alpha-lipoic acid market to expand thanks to the rising demand for alpha-lipoic acid-based dietary supplements among young people and fitness enthusiasts. The global market for alpha lipoic acid is expanding as a result of these several causes driving up demand.
However, there are risks associated with alpha-lipoic acid use. Alpha-lipoic acid, for instance, has been linked to side effects such nausea, vomiting, and diarrhea when consumed on a daily basis by adults. Additionally, hypoglycemia may result from the usage of alpha-lipoic acid in combination with other health supplements. Furthermore, some persons may get a rash after applying alpha-lipoic acid to their skin. This constrains the expansion of the market.
As more people realize the benefits of adopting a healthy, active lifestyle, demand has increased for dietary supplements. Alpha-lipoic acid may see a large increase in demand due to the rising popularity of alpha-lipoic acid-based dietary supplements among young people and fitness enthusiasts. The global alpha lipoic acid market will benefit from rising consumer expenditure on personal care products in the coming years.
Alpha lipoic acid is recognized as a useful nutritional supplement in dog food. Alpha lipoic acid enhances glutathione status when ingested as part of a comprehensive and balanced diet, according to studies assessing its nutritive action as a maintenance meal for healthy adult dogs (non-gestational and non-lactating). Alpha lipoic acid is a biomarker of the antioxidant system, and researchers found that elevating its concentration greatly raised intracellular glutathione levels. Global product demand has increased as more people learn about alpha lipoic acid's health benefits and as more people seek out better food options for their dogs.
However, consistent alpha-lipoic acid ingestion may result in many adverse effects. Alpha-lipoic acid can cause a variety of side effects in adults, including headaches, nausea, heartburn, and vomiting. In addition, hypoglycemia (low blood sugar) may result from combining alpha-lipoic acid with other health supplements. Furthermore, some persons may get a rash after applying alpha-lipoic acid to their skin. Because of this, the market is not expanding.
Report Coverage
Global Alpha Lipoic Acid research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Alpha Lipoic Acid report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Alpha Lipoic Acid competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Alpha Lipoic Acid market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Alpha Lipoic Acid market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Alpha Lipoic Acid market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
HiMedia Laboratories (India), Sabinsa. (U.S.), AlzChem Group AG (Germany), QiDu Pharmaceutical Co., Ltd. (China), Swanson (U.S.), Cambridge Commodities Inc. (U.S.), toyohakko Co., Ltd. (Japan), Shanghai Shyndec Pharmaceutical Co.,Ltd. (China), Shaanxi Bolin Biotechnology Co.,Ltd (China), S.A. Herbal Bioactives LLP (India), Hubei Yongkuo Technology Co., Ltd. (China), Bhagvati Herbals and Healthcare Pvt. Ltd. (INDIA), Lavanyaagro. (India), Himalayan Herbaria Inc. (India), Source Naturals Inc (U.S.), GeroNova Research Inc (U.S.), Rexall Sundown Inc (U.S.)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Alpha Lipoic Acid market based on the below-mentioned segments:
Global Alpha Lipoic Acid Market, By Product Type
R Alpha Lipoic Acid
S Alpha Lipoic Acid
Global Alpha Lipoic Acid market, By Application
Dietary Supplements
Cosmetics
Pharmaceuticals
Others
Global Alpha Lipoic Acid market, Regional Analysis
The potential health benefits of alpha lipoic acid are increasing its popularity around the world. Alpha lipoic acid (ALA) is a naturally occurring antioxidant and energy booster that plays a crucial role in many cellular functions. It is available in several meals and as a dietary supplement. The rise of the market can be attributed to rising demand for natural and nutritional supplements, the general trend toward improved quality of life, and the rising number of research demonstrating ALA's efficacy in treating various diseases.
ALA is often recommended because of its positive effects on skin health, oxidative stress, and glucose metabolism. As an antioxidant that can be dissolved in both fat and water, ALA has a leg up on the competition when it comes to neutralizing free radicals. Many different forms of ALA, including liquids, tablets, and capsules, are commercially accessible. It can be purchased on its own or combined with other ingredients in targeted regimens for a variety of health concerns.
The need for nutritional supplements has increased as people become more health conscious and aware of the benefits of maintaining a healthy and active lifestyle. For instance, the market for nutritional supplements is predicted to increase at a CAGR (compound annual growth rate) of 21%, reaching $10 billion by 2022, according to a report published by India Brands Equity Foundation. Alpha-lipoic acid is a popular component in multivitamin formulas because of its ability to boost the body's natural detoxification processes. It helps the body better process glucose and ascorbate, and it keeps blood fats and cholesterol at a healthy level. There is potential for the alpha-lipoic acid market to expand thanks to the rising demand for alpha-lipoic acid-based dietary supplements among young people and fitness enthusiasts. The global market for alpha lipoic acid is expanding as a result of these several causes driving up demand.
However, there are risks associated with alpha-lipoic acid use. Alpha-lipoic acid, for instance, has been linked to side effects such nausea, vomiting, and diarrhea when consumed on a daily basis by adults. Additionally, hypoglycemia may result from the usage of alpha-lipoic acid in combination with other health supplements. Furthermore, some persons may get a rash after applying alpha-lipoic acid to their skin. This constrains the expansion of the market.
As more people realize the benefits of adopting a healthy, active lifestyle, demand has increased for dietary supplements. Alpha-lipoic acid may see a large increase in demand due to the rising popularity of alpha-lipoic acid-based dietary supplements among young people and fitness enthusiasts. The global alpha lipoic acid market will benefit from rising consumer expenditure on personal care products in the coming years.
Alpha lipoic acid is recognized as a useful nutritional supplement in dog food. Alpha lipoic acid enhances glutathione status when ingested as part of a comprehensive and balanced diet, according to studies assessing its nutritive action as a maintenance meal for healthy adult dogs (non-gestational and non-lactating). Alpha lipoic acid is a biomarker of the antioxidant system, and researchers found that elevating its concentration greatly raised intracellular glutathione levels. Global product demand has increased as more people learn about alpha lipoic acid's health benefits and as more people seek out better food options for their dogs.
However, consistent alpha-lipoic acid ingestion may result in many adverse effects. Alpha-lipoic acid can cause a variety of side effects in adults, including headaches, nausea, heartburn, and vomiting. In addition, hypoglycemia (low blood sugar) may result from combining alpha-lipoic acid with other health supplements. Furthermore, some persons may get a rash after applying alpha-lipoic acid to their skin. Because of this, the market is not expanding.
Report Coverage
Global Alpha Lipoic Acid research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Alpha Lipoic Acid report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Alpha Lipoic Acid competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Alpha Lipoic Acid market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | HiMedia Laboratories (India), Sabinsa. (U.S.), AlzChem Group AG (Germany), QiDu Pharmaceutical Co., Ltd. (China), Swanson (U.S.), Cambridge Commodities Inc. (U.S.), toyohakko Co., Ltd. (Japan), Shanghai Shyndec Pharmaceutical Co.,Ltd. (China), Shaanxi Bolin Biotechnology Co.,Ltd (China), S.A. Herbal Bioactives LLP (India), Hubei Yongkuo Technology Co., Ltd. (China), Bhagvati Herbals and Healthcare Pvt. Ltd. (INDIA), Lavanyaagro. (India), Himalayan Herbaria Inc. (India), Source Naturals Inc (U.S.), GeroNova Research Inc (U.S.), Rexall Sundown Inc (U.S.) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Alpha Lipoic Acid Market from 2021 to 2030.
- Market Forecast for Alpha Lipoic Acid Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Alpha Lipoic Acid competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Alpha Lipoic Acid
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Alpha Lipoic Acid market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Alpha Lipoic Acid market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
HiMedia Laboratories (India), Sabinsa. (U.S.), AlzChem Group AG (Germany), QiDu Pharmaceutical Co., Ltd. (China), Swanson (U.S.), Cambridge Commodities Inc. (U.S.), toyohakko Co., Ltd. (Japan), Shanghai Shyndec Pharmaceutical Co.,Ltd. (China), Shaanxi Bolin Biotechnology Co.,Ltd (China), S.A. Herbal Bioactives LLP (India), Hubei Yongkuo Technology Co., Ltd. (China), Bhagvati Herbals and Healthcare Pvt. Ltd. (INDIA), Lavanyaagro. (India), Himalayan Herbaria Inc. (India), Source Naturals Inc (U.S.), GeroNova Research Inc (U.S.), Rexall Sundown Inc (U.S.)
Primary Target Market
- Market Players of Alpha Lipoic Acid
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Alpha Lipoic Acid market based on the below-mentioned segments:
Global Alpha Lipoic Acid Market, By Product Type
R Alpha Lipoic Acid
S Alpha Lipoic Acid
Global Alpha Lipoic Acid market, By Application
Dietary Supplements
Cosmetics
Pharmaceuticals
Others
Global Alpha Lipoic Acid market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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