QYR Market Research Global Alpha Lipoic Acid Market Research | Page 4

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• Lipoic acid’s consumption regions are China, Europe, North America,
Japan and India. China is a large production region and Europe is
the largest consumption region. In 2016, Europe consumption was
361.8 MT, with a consumption share of 28.99%. North America is
another major consumption region with 26.02% share.
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• In application, Alpha Lipoic Acid downstream is wide and recently
Alpha Lipoic Acid has acquired increasing significance in various
fields of Health Care Industry and Pharmaceutical Industry and
others. The Alpha Lipoic Acid market is mainly driven by growing
demand for Health Care Industry which accounts for nearly
89.56% of total downstream consumption of Alpha Lipoic Acid.