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Alpha Lipoic Acid Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

11-24-2023 11:30 AM CET | Health & Medicine

Press release from: Orion Market Research

Alpha Lipoic Acid Market is Anticipated to Increase at a Stable

The global alpha lipoic acid market is anticipated to grow at a significant CAGR during the forecast period. The major factors that is expected to boost the market growth includes the increasing awareness for a healthy and fit lifestyle, which has surged the demand for dietary supplements for providing extra nutritional support. For instance, according to a report published by India Brand Equity Foundation, the demand for dietary supplements is expected to grow at a compound annual growth rate (CAGR) of 21% and is expected to reach $10 billion by 2022. Alpha-lipoic acid is a common ingredient used in multivitamin formulas to increase the detoxification factor of the human body. Also, it maintains the level of cholesterol and other fats in the blood and improves glucose and ascorbate handling in blood vessels. Moreover, the increasing trend for alpha-lipoic acid-based extra food supplements among youth and fitness enthusiasts may provide an additional push to the growth of the alpha-lipoic acid market. All these factors collectively propel the growth of the global alpha lipoic acid market. 

In addition, the rapid change in lifestyle, ethnicity, energy-dense diet, physical inactivity, obesity, and others are the main contributors to an increasing prevalence of diabetes. Several researchers have found alpha-lipoic acid as one of the best health supplements for people with type-2 diabetes. Moreover, it can improve insulin resistance and nerve damage caused by diabetes treatment. It reduces symptoms such as tingling, pain, and pricking in the legs and feet of diabetic patients. In addition, it protects the retina from being damaged due to high blood sugar levels. It is a key factor that is anticipated to offer a new opportunity for the global alpha lipoic acid market. Alpha lipoic acid is a naturally occurring organic compound with antioxidant properties used to break down carbohydrates and transform them into energy. It is found naturally in the body or can be prepared synthetically by chemical synthesis of thioctic acid with R (+) alpha-methylbenzylamine.

To Request a Sample of our Report on Alpha Lipoic Acid Market:  https://www.omrglobal.com/request-sample/alpha-lipoic-acid-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Product Type 
By Application 

Regions covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape: Jarrow Formulas, Inc., NOW Health Group, Inc., and Alzchem Group AG, among others. 

Alpha Lipoic Acid Market Report by Segment

By Product Type

R Alpha Lipoic Acid
S Alpha Lipoic Acid

By Application

Pharmaceuticals
Dietary Supplements
Cosmetics
Others

A full Report of Alpha Lipoic Acid Market is Available @ https://www.omrglobal.com/industry-reports/alpha-lipoic-acid-market

Alpha Lipoic Acid Market Report by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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