The global market
for alpha lipoic acid is poised to witness a boom in the near future, thanks to
the increasing awareness among people regarding the health benefits, such as
reduction in high cholesterol levels, physique enhancement, and increased
immunity, it offers. The increasing incidence of diabetes and cardiac issues
and the rising disposable income of consumers, enabling them to afford
expensive drugs, nutritional products, and treatments, is projected to support
this market substantially in the years to come.
Nowadays, alpha
lipoic acid is witnessing a considerable rise in consumption among the obese
population for its weight reducing properties. The manufacturers of weight
management supplements have begun to utilize this chemical as their main
ingredient and have begun the advertisement of their alpha lipoic acid-based
products. The chemical is experiencing a wide-raging application in
supplements, particularly, in those that are consumed for boosting the
immunity.
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Considering the
versatile usage and properties of alpha lipoic acid for a number of products
and purposes, the global market is anticipated to report an exponential rise in
the next few years. However, the risk over the side-effects of this chemical,
in case on an overdose such as skin itching and nausea, may slowdown the growth
of this market in the near future.
Alpha lipoic acid
is also known as lipoic acid or thioctic acid and is an antioxidant produced by
the body. It is present in every cell and it assists in converting glucose into
energy. It is similar in structure and function to a vitamin. Alpha lipoic acid
is an important nutrients for various human body functions such as nervous,
cardiovascular, immunity and detoxification systems. The amount of alpha lipoic
acid present in the human body may be insufficient to retrieve antioxidant
benefit hence raising the requirement for improving the amount of alpha lipoic
acid in the body through dietary supplementation.
Alpha lipoic acid
provides a host of health benefits for people particularly with diabetes or
higher than normal blood sugar levels, high cholesterol levels, heart problems
such as arteries’ hardening and other conditions related to the aging process.
It provides various other health benefits such as physique improvement,
combating free radicals, slows ageing, protection against cancer, skin
improvement and erasing wrinkles, and liver protection among others.
Considering alpha
lipoic acid versatile properties and uses in various products, for different
purposes, alpha lipoic acid possess significant market demand from various
industries and the market is expected to grow at a significant rate in forecast
period.
Alpha lipoic
acid market is primarily driven by its health beneficial factors
such as physique improvement, combating
free radicals, slows ageing, protection against cancer, skin improvement and
erasing wrinkles, and liver protection among others. It also provides a host of
health benefits for people particularly with diabetes or higher than normal
blood sugar levels, high cholesterol levels, heart problems such as arteries’
hardening and other conditions related to the aging process.
Another factor
fuelling the growth of the alpha lipoic acid market is its weight reduction
application. Consumption of alpha lipoic acid supplements leads to weight
reduction which caters to the consumer inclined towards a healthier lifestyle.
Other factors
driving the alpha lipoic acid market include the growing demand for immunity
improving supplements across the globe. The market for these supplements has
witnessed a tremendous growth over the past few years with leading players
tapping into the developing economies.
Key global market
players manufacturing different alpha lipoic acid for different applications
include AlzChem, Tohope Pharma, Shyndec Pharmaceutical, Qidu Pharmaceutical,
Fushilai Pharmaceutical, Maidesen, Taike Biological, DKY Technology, Haoxiang
Bio, and Infa Group.
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