Alpha-lipoic Acid Market Introduction and Overview
According to SPER Market Research, the Global Alpha-lipoic Acid Market is estimated to reach USD 1943.79 million by 2034 with a CAGR of 6.49%.
Alpha-lipoic acid is a powerful antioxidant and anti-inflammatory substance that has been demonstrated to help treat a variety of chronic conditions, including diabetes, cardiovascular disease, and neurological disorders. According to the American Heart Association (AHA), more than 61% of the US population, or 184 million individuals, are expected to acquire cardiovascular disease (CVD) by 2050.Consumers are seeking natural alternatives to improve their overall health and well-being, which is driving increased demand for ALA supplements. These supplements are advertised for their antioxidant content, which is thought to protect against oxidative stress and cellular damage.
- In February 2023: Kyowa Hakko Bio introduced ALA-ST, a stabilized alpha lipoic acid that provides excellent efficacy while preventing degradation. Kyowa Hakko Bio's ALA-ST provides a more potent and trustworthy solution for people looking for the benefits of alpha lipoic acid.
- In June 2021: Prinova Group LLC has created a new e-commerce website that aims to transform the way people buy ingredients in America. This unique platform features a user-friendly interface, a complete product catalog with full information and technical specifications, and easy online ordering. The website's major goal is to improve the consumer experience by expediting the purchasing process, offering fast access to critical ingredient information, and encouraging greater transparency and control throughout the transaction.
By Product: The R alpha lipoic acid (R-ALA) category had a largest revenue share. R-ALA is a naturally occurring, biologically active isomer with better bioavailability and efficacy than S-ALA. It is commonly found as a component in dietary supplements, skin care products, and other health-related uses. R-ALA has been demonstrated in studies to improve blood sugar control, insulin sensitivity, and healthy cholesterol levels. This makes it an important element for treating metabolic problems and improving general health. Furthermore, as customers become more interested in natural products, they choose R-ALA generated from plants or fermentation methods.
By Application: In 2024, the dietary supplements category generated 55.94% of total sales. Alpha-lipoic acid, with its powerful antioxidant qualities and involvement in energy metabolism, has grown in favor as a dietary supplement. Its capacity to protect cells from oxidative damage and aid in blood sugar regulation has made it a popular choice among those worried about cellular health and aging. Furthermore, the increasing popularity of natural and organic supplements is expected to drive the market growth. Furthermore, the growing availability of ALA supplements in a variety of forms, such as capsules, tablets, and powders, caters to a wide range of customer preferences while also contributing to enhanced accessibility.
Market Competitive Landscape:
The Global Alpha-lipoic Acid Market is highly consolidated. Some of the market players are AlzChem Group AG, Bio Actives Japan Corporation, GeroNova Research Inc., Haihang Industry, K.-W. Pfannenschmidt GmbH, Olon S.p.A, Prinova Group LLC., Spectrum Chemical, Suzhou Fushilai Pharmaceutical Co. Ltd., Xi'an Green Spring Technology Co., Ltd, and Others
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Product, By Application. |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe. |
| Companies Covered | AlzChem Group AG, Bio Actives Japan Corporation, GeroNova Research Inc., Haihang Industry, K.-W. Pfannenschmidt GmbH, Olon S.p.A, Prinova Group LLC., Spectrum Chemical, Suzhou Fushilai Pharmaceutical Co. Ltd., Xi'an Green Spring Technology Co., Ltd, and Others. |
Key Topics Covered in the Report:
- Global Alpha-lipoic Acid Market Size (FY’2021-FY’2034)
- Overview of Global Alpha-lipoic Acid Market
- Segmentation of Global Alpha-lipoic Acid Market By Product (R Alpha Lipoic Acid and S Alpha Lipoic Acid)
- Segmentation of Global Alpha-lipoic Acid Market By Application (Dietary Supplements, Cosmetics, Pharmaceuticals and Others)
- Statistical Snap of Global Alpha-lipoic Acid Market
- Expansion Analysis of Global Alpha-lipoic Acid Market
- Problems and Obstacles in Global Alpha-lipoic Acid Market
- Competitive Landscape in the Global Alpha-lipoic Acid Market
- Details on Current Investment in Global Alpha-lipoic Acid Market
- Competitive Analysis of Global Alpha-lipoic Acid Market
- Prominent Players in the Global Alpha-lipoic Acid Market
- SWOT Analysis of Global Alpha-lipoic Acid Market
- Global Alpha-lipoic Acid Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Alpha-lipoic Acid Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Alpha-lipoic Acid Market
7. Global Alpha-lipoic Acid Market, By Product, (USD Million) 2021-2034
7.1. R Alpha Lipoic Acid
7.2. S Alpha Lipoic Acid
8. Global Alpha-lipoic Acid Market, By Application (USD Million) 2021-2034
8.1. Dietary Supplements
8.2. Cosmetics
8.3. Pharmaceuticals
8.4. Others
9. Global Alpha-lipoic Acid Market, (USD Million) 2021-2034
9.1. Global Alpha-lipoic Acid Market Size and Market Share
10. Global Alpha-lipoic Acid Market, By Region, (USD Million) 2021-2034
10.1. Asia-Pacific
10.1.1. Australia
10.1.2. China
10.1.3. India
10.1.4. Japan
10.1.5. South Korea
10.1.6. Rest of Asia-Pacific
10.2. Europe
10.2.1. France
10.2.2. Germany
10.2.3. Italy
10.2.4. Spain
10.2.5. United Kingdom
10.2.6. Rest of Europe
10.3. Middle East and Africa
10.3.1. Kingdom of Saudi Arabia
10.3.2. United Arab Emirates
10.3.3. Qatar
10.3.4. South Africa
10.3.5. Egypt
10.3.6. Morocco
10.3.7. Nigeria
10.3.8. Rest of Middle-East and Africa
10.4. North America
10.4.1. Canada
10.4.2. Mexico
10.4.3. United States
10.5. Latin America
10.5.1. Argentina
10.5.2. Brazil
10.5.3. Rest of Latin America
11. Company Profile
11.1. AlzChem Group AG
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Bio Actives Japan Corporation
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. GeroNova Research Inc.
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Haihang Industry
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. K.-W. Pfannenschmidt GmbH
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Olon S.p.A
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Prinova Group LLC.
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Spectrum Chemical
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Suzhou Fushilai Pharmaceutical Co. Ltd.
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Xian Green Spring Technology Co., Ltd
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
