Global Lactic Acids Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Page: 107

Published Date: 29 Jun 2023

Category: Consumer Goods

PDF Download

Get FREE Sample

Customize Request

Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

According to our (Global Info Research) latest study, the global Lactic Acids market size was valued at USD 1405.5 million in 2022 and is forecast to a readjusted size of USD 3325.5 million by 2029 with a CAGR of 13.1% during review period.

Lactic acid (CAS 50-21-5) has a systematic name that is 2-hydroxypropionic acid, which is widely existed in nature. Lactic acid is formed when glucose is broken down for energy in the absence of sufficient oxygen. Lactic Acid is a transparent, colorless syrupy liquid produced from the fermentation of dextrose. It is odorless or has a slight characteristic odor, and has a mild acid taste. Lactic Acid is widely used as an acidulant in foods and beverages that require an edible non-volatile acid.

Global lactic acids (CAS 50-21-5) key players include Corbion, NatureWorks and Henan Jindan Lactic Acid Technology. Global top 3 manufacturers hold a share over 65%.

China is the largest market, with a share about 40%, followed by North America and Southeast Asia, with the share about 25% and 17%. In terms of product, L-lactic acid is the largest segment, with a share over 85%. And in terms of application, the largest application is polylactic acid, followed by food & beverage.

The Global Info Research report includes an overview of the development of the Lactic Acids industry chain, the market status of Food & Beverage (DL-Lactic Acid, D-Lactic Acid), Polylactic Acid (DL-Lactic Acid, D-Lactic Acid), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Lactic Acids.

Regionally, the report analyzes the Lactic Acids markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Lactic Acids market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:
The report presents comprehensive understanding of the Lactic Acids market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Lactic Acids industry.

The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., DL-Lactic Acid, D-Lactic Acid).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Lactic Acids market.

Regional Analysis: The report involves examining the Lactic Acids market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Lactic Acids market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Lactic Acids:
Company Analysis: Report covers individual Lactic Acids manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Lactic Acids This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Food & Beverage, Polylactic Acid).

Technology Analysis: Report covers specific technologies relevant to Lactic Acids. It assesses the current state, advancements, and potential future developments in Lactic Acids areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Lactic Acids market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation
Lactic Acids market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
DL-Lactic Acid
D-Lactic Acid
L-Lactic Acid

Market segment by Application
Food & Beverage
Polylactic Acid
Industrial
Pharmaceutical
Personal Care
Others

Major players covered
Corbion
NatureWorks
Henan Jindan Lactic Acid Technology
Galactic
BBCA Group
Jungbunzlauer
Shandong Parkson Biotechnology
Musashino Chemical
Henan Xinghan Biotechnology
Wuhan Sanjiang Space Good Biotech
Shandong Shouguang Juneng Golden
Shanxi Leda Biochemical
Shangdong Fullsail

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Lactic Acids product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Lactic Acids, with price, sales, revenue and global market share of Lactic Acids from 2018 to 2023.
Chapter 3, the Lactic Acids competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lactic Acids breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Lactic Acids market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Lactic Acids.
Chapter 14 and 15, to describe Lactic Acids sales channel, distributors, customers, research findings and conclusion.

Table of Contents

1 Market Overview
    1.1 Product Overview and Scope of Lactic Acids
    1.2 Market Estimation Caveats and Base Year
    1.3 Market Analysis by Type
        1.3.1 Overview: Global Lactic Acids Consumption Value by Type: 2018 Versus 2022 Versus 2029
        1.3.2 DL-Lactic Acid
        1.3.3 D-Lactic Acid
        1.3.4 L-Lactic Acid
    1.4 Market Analysis by Application
        1.4.1 Overview: Global Lactic Acids Consumption Value by Application: 2018 Versus 2022 Versus 2029
        1.4.2 Food & Beverage
        1.4.3 Polylactic Acid
        1.4.4 Industrial
        1.4.5 Pharmaceutical
        1.4.6 Personal Care
        1.4.7 Others
    1.5 Global Lactic Acids Market Size & Forecast
        1.5.1 Global Lactic Acids Consumption Value (2018 & 2022 & 2029)
        1.5.2 Global Lactic Acids Sales Quantity (2018-2029)
        1.5.3 Global Lactic Acids Average Price (2018-2029)

2 Manufacturers Profiles
    2.1 Corbion
        2.1.1 Corbion Details
        2.1.2 Corbion Major Business
        2.1.3 Corbion Lactic Acids Product and Services
        2.1.4 Corbion Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.1.5 Corbion Recent Developments/Updates
    2.2 NatureWorks
        2.2.1 NatureWorks Details
        2.2.2 NatureWorks Major Business
        2.2.3 NatureWorks Lactic Acids Product and Services
        2.2.4 NatureWorks Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.2.5 NatureWorks Recent Developments/Updates
    2.3 Henan Jindan Lactic Acid Technology
        2.3.1 Henan Jindan Lactic Acid Technology Details
        2.3.2 Henan Jindan Lactic Acid Technology Major Business
        2.3.3 Henan Jindan Lactic Acid Technology Lactic Acids Product and Services
        2.3.4 Henan Jindan Lactic Acid Technology Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.3.5 Henan Jindan Lactic Acid Technology Recent Developments/Updates
    2.4 Galactic
        2.4.1 Galactic Details
        2.4.2 Galactic Major Business
        2.4.3 Galactic Lactic Acids Product and Services
        2.4.4 Galactic Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.4.5 Galactic Recent Developments/Updates
    2.5 BBCA Group
        2.5.1 BBCA Group Details
        2.5.2 BBCA Group Major Business
        2.5.3 BBCA Group Lactic Acids Product and Services
        2.5.4 BBCA Group Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.5.5 BBCA Group Recent Developments/Updates
    2.6 Jungbunzlauer
        2.6.1 Jungbunzlauer Details
        2.6.2 Jungbunzlauer Major Business
        2.6.3 Jungbunzlauer Lactic Acids Product and Services
        2.6.4 Jungbunzlauer Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.6.5 Jungbunzlauer Recent Developments/Updates
    2.7 Shandong Parkson Biotechnology
        2.7.1 Shandong Parkson Biotechnology Details
        2.7.2 Shandong Parkson Biotechnology Major Business
        2.7.3 Shandong Parkson Biotechnology Lactic Acids Product and Services
        2.7.4 Shandong Parkson Biotechnology Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.7.5 Shandong Parkson Biotechnology Recent Developments/Updates
    2.8 Musashino Chemical
        2.8.1 Musashino Chemical Details
        2.8.2 Musashino Chemical Major Business
        2.8.3 Musashino Chemical Lactic Acids Product and Services
        2.8.4 Musashino Chemical Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.8.5 Musashino Chemical Recent Developments/Updates
    2.9 Henan Xinghan Biotechnology
        2.9.1 Henan Xinghan Biotechnology Details
        2.9.2 Henan Xinghan Biotechnology Major Business
        2.9.3 Henan Xinghan Biotechnology Lactic Acids Product and Services
        2.9.4 Henan Xinghan Biotechnology Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.9.5 Henan Xinghan Biotechnology Recent Developments/Updates
    2.10 Wuhan Sanjiang Space Good Biotech
        2.10.1 Wuhan Sanjiang Space Good Biotech Details
        2.10.2 Wuhan Sanjiang Space Good Biotech Major Business
        2.10.3 Wuhan Sanjiang Space Good Biotech Lactic Acids Product and Services
        2.10.4 Wuhan Sanjiang Space Good Biotech Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.10.5 Wuhan Sanjiang Space Good Biotech Recent Developments/Updates
    2.11 Shandong Shouguang Juneng Golden
        2.11.1 Shandong Shouguang Juneng Golden Details
        2.11.2 Shandong Shouguang Juneng Golden Major Business
        2.11.3 Shandong Shouguang Juneng Golden Lactic Acids Product and Services
        2.11.4 Shandong Shouguang Juneng Golden Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.11.5 Shandong Shouguang Juneng Golden Recent Developments/Updates
    2.12 Shanxi Leda Biochemical
        2.12.1 Shanxi Leda Biochemical Details
        2.12.2 Shanxi Leda Biochemical Major Business
        2.12.3 Shanxi Leda Biochemical Lactic Acids Product and Services
        2.12.4 Shanxi Leda Biochemical Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.12.5 Shanxi Leda Biochemical Recent Developments/Updates
    2.13 Shangdong Fullsail
        2.13.1 Shangdong Fullsail Details
        2.13.2 Shangdong Fullsail Major Business
        2.13.3 Shangdong Fullsail Lactic Acids Product and Services
        2.13.4 Shangdong Fullsail Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.13.5 Shangdong Fullsail Recent Developments/Updates

3 Competitive Environment: Lactic Acids by Manufacturer
    3.1 Global Lactic Acids Sales Quantity by Manufacturer (2018-2023)
    3.2 Global Lactic Acids Revenue by Manufacturer (2018-2023)
    3.3 Global Lactic Acids Average Price by Manufacturer (2018-2023)
    3.4 Market Share Analysis (2022)
        3.4.1 Producer Shipments of Lactic Acids by Manufacturer Revenue ($MM) and Market Share (%): 2022
        3.4.2 Top 3 Lactic Acids Manufacturer Market Share in 2022
        3.4.2 Top 6 Lactic Acids Manufacturer Market Share in 2022
    3.5 Lactic Acids Market: Overall Company Footprint Analysis
        3.5.1 Lactic Acids Market: Region Footprint
        3.5.2 Lactic Acids Market: Company Product Type Footprint
        3.5.3 Lactic Acids Market: Company Product Application Footprint
    3.6 New Market Entrants and Barriers to Market Entry
    3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region
    4.1 Global Lactic Acids Market Size by Region
        4.1.1 Global Lactic Acids Sales Quantity by Region (2018-2029)
        4.1.2 Global Lactic Acids Consumption Value by Region (2018-2029)
        4.1.3 Global Lactic Acids Average Price by Region (2018-2029)
    4.2 North America Lactic Acids Consumption Value (2018-2029)
    4.3 Europe Lactic Acids Consumption Value (2018-2029)
    4.4 Asia-Pacific Lactic Acids Consumption Value (2018-2029)
    4.5 South America Lactic Acids Consumption Value (2018-2029)
    4.6 Middle East and Africa Lactic Acids Consumption Value (2018-2029)

5 Market Segment by Type
    5.1 Global Lactic Acids Sales Quantity by Type (2018-2029)
    5.2 Global Lactic Acids Consumption Value by Type (2018-2029)
    5.3 Global Lactic Acids Average Price by Type (2018-2029)

6 Market Segment by Application
    6.1 Global Lactic Acids Sales Quantity by Application (2018-2029)
    6.2 Global Lactic Acids Consumption Value by Application (2018-2029)
    6.3 Global Lactic Acids Average Price by Application (2018-2029)

7 North America
    7.1 North America Lactic Acids Sales Quantity by Type (2018-2029)
    7.2 North America Lactic Acids Sales Quantity by Application (2018-2029)
    7.3 North America Lactic Acids Market Size by Country
        7.3.1 North America Lactic Acids Sales Quantity by Country (2018-2029)
        7.3.2 North America Lactic Acids Consumption Value by Country (2018-2029)
        7.3.3 United States Market Size and Forecast (2018-2029)
        7.3.4 Canada Market Size and Forecast (2018-2029)
        7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe
    8.1 Europe Lactic Acids Sales Quantity by Type (2018-2029)
    8.2 Europe Lactic Acids Sales Quantity by Application (2018-2029)
    8.3 Europe Lactic Acids Market Size by Country
        8.3.1 Europe Lactic Acids Sales Quantity by Country (2018-2029)
        8.3.2 Europe Lactic Acids Consumption Value by Country (2018-2029)
        8.3.3 Germany Market Size and Forecast (2018-2029)
        8.3.4 France Market Size and Forecast (2018-2029)
        8.3.5 United Kingdom Market Size and Forecast (2018-2029)
        8.3.6 Russia Market Size and Forecast (2018-2029)
        8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific
    9.1 Asia-Pacific Lactic Acids Sales Quantity by Type (2018-2029)
    9.2 Asia-Pacific Lactic Acids Sales Quantity by Application (2018-2029)
    9.3 Asia-Pacific Lactic Acids Market Size by Region
        9.3.1 Asia-Pacific Lactic Acids Sales Quantity by Region (2018-2029)
        9.3.2 Asia-Pacific Lactic Acids Consumption Value by Region (2018-2029)
        9.3.3 China Market Size and Forecast (2018-2029)
        9.3.4 Japan Market Size and Forecast (2018-2029)
        9.3.5 Korea Market Size and Forecast (2018-2029)
        9.3.6 India Market Size and Forecast (2018-2029)
        9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
        9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America
    10.1 South America Lactic Acids Sales Quantity by Type (2018-2029)
    10.2 South America Lactic Acids Sales Quantity by Application (2018-2029)
    10.3 South America Lactic Acids Market Size by Country
        10.3.1 South America Lactic Acids Sales Quantity by Country (2018-2029)
        10.3.2 South America Lactic Acids Consumption Value by Country (2018-2029)
        10.3.3 Brazil Market Size and Forecast (2018-2029)
        10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa
    11.1 Middle East & Africa Lactic Acids Sales Quantity by Type (2018-2029)
    11.2 Middle East & Africa Lactic Acids Sales Quantity by Application (2018-2029)
    11.3 Middle East & Africa Lactic Acids Market Size by Country
        11.3.1 Middle East & Africa Lactic Acids Sales Quantity by Country (2018-2029)
        11.3.2 Middle East & Africa Lactic Acids Consumption Value by Country (2018-2029)
        11.3.3 Turkey Market Size and Forecast (2018-2029)
        11.3.4 Egypt Market Size and Forecast (2018-2029)
        11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
        11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics
    12.1 Lactic Acids Market Drivers
    12.2 Lactic Acids Market Restraints
    12.3 Lactic Acids Trends Analysis
    12.4 Porters Five Forces Analysis
        12.4.1 Threat of New Entrants
        12.4.2 Bargaining Power of Suppliers
        12.4.3 Bargaining Power of Buyers
        12.4.4 Threat of Substitutes
        12.4.5 Competitive Rivalry
    12.5 Influence of COVID-19 and Russia-Ukraine War
        12.5.1 Influence of COVID-19
        12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain
    13.1 Raw Material of Lactic Acids and Key Manufacturers
    13.2 Manufacturing Costs Percentage of Lactic Acids
    13.3 Lactic Acids Production Process
    13.4 Lactic Acids Industrial Chain

14 Shipments by Distribution Channel
    14.1 Sales Channel
        14.1.1 Direct to End-User
        14.1.2 Distributors
    14.2 Lactic Acids Typical Distributors
    14.3 Lactic Acids Typical Customers

15 Research Findings and Conclusion

16 Appendix
    16.1 Methodology
    16.2 Research Process and Data Source
    16.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Global Lactic Acids Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 2. Global Lactic Acids Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 3. Corbion Basic Information, Manufacturing Base and Competitors
    Table 4. Corbion Major Business
    Table 5. Corbion Lactic Acids Product and Services
    Table 6. Corbion Lactic Acids Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 7. Corbion Recent Developments/Updates
    Table 8. NatureWorks Basic Information, Manufacturing Base and Competitors
    Table 9. NatureWorks Major Business
    Table 10. NatureWorks Lactic Acids Product and Services
    Table 11. NatureWorks Lactic Acids Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 12. NatureWorks Recent Developments/Updates
    Table 13. Henan Jindan Lactic Acid Technology Basic Information, Manufacturing Base and Competitors
    Table 14. Henan Jindan Lactic Acid Technology Major Business
    Table 15. Henan Jindan Lactic Acid Technology Lactic Acids Product and Services
    Table 16. Henan Jindan Lactic Acid Technology Lactic Acids Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 17. Henan Jindan Lactic Acid Technology Recent Developments/Updates
    Table 18. Galactic Basic Information, Manufacturing Base and Competitors
    Table 19. Galactic Major Business
    Table 20. Galactic Lactic Acids Product and Services
    Table 21. Galactic Lactic Acids Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 22. Galactic Recent Developments/Updates
    Table 23. BBCA Group Basic Information, Manufacturing Base and Competitors
    Table 24. BBCA Group Major Business
    Table 25. BBCA Group Lactic Acids Product and Services
    Table 26. BBCA Group Lactic Acids Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 27. BBCA Group Recent Developments/Updates
    Table 28. Jungbunzlauer Basic Information, Manufacturing Base and Competitors
    Table 29. Jungbunzlauer Major Business
    Table 30. Jungbunzlauer Lactic Acids Product and Services
    Table 31. Jungbunzlauer Lactic Acids Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 32. Jungbunzlauer Recent Developments/Updates
    Table 33. Shandong Parkson Biotechnology Basic Information, Manufacturing Base and Competitors
    Table 34. Shandong Parkson Biotechnology Major Business
    Table 35. Shandong Parkson Biotechnology Lactic Acids Product and Services
    Table 36. Shandong Parkson Biotechnology Lactic Acids Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 37. Shandong Parkson Biotechnology Recent Developments/Updates
    Table 38. Musashino Chemical Basic Information, Manufacturing Base and Competitors
    Table 39. Musashino Chemical Major Business
    Table 40. Musashino Chemical Lactic Acids Product and Services
    Table 41. Musashino Chemical Lactic Acids Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 42. Musashino Chemical Recent Developments/Updates
    Table 43. Henan Xinghan Biotechnology Basic Information, Manufacturing Base and Competitors
    Table 44. Henan Xinghan Biotechnology Major Business
    Table 45. Henan Xinghan Biotechnology Lactic Acids Product and Services
    Table 46. Henan Xinghan Biotechnology Lactic Acids Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 47. Henan Xinghan Biotechnology Recent Developments/Updates
    Table 48. Wuhan Sanjiang Space Good Biotech Basic Information, Manufacturing Base and Competitors
    Table 49. Wuhan Sanjiang Space Good Biotech Major Business
    Table 50. Wuhan Sanjiang Space Good Biotech Lactic Acids Product and Services
    Table 51. Wuhan Sanjiang Space Good Biotech Lactic Acids Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 52. Wuhan Sanjiang Space Good Biotech Recent Developments/Updates
    Table 53. Shandong Shouguang Juneng Golden Basic Information, Manufacturing Base and Competitors
    Table 54. Shandong Shouguang Juneng Golden Major Business
    Table 55. Shandong Shouguang Juneng Golden Lactic Acids Product and Services
    Table 56. Shandong Shouguang Juneng Golden Lactic Acids Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 57. Shandong Shouguang Juneng Golden Recent Developments/Updates
    Table 58. Shanxi Leda Biochemical Basic Information, Manufacturing Base and Competitors
    Table 59. Shanxi Leda Biochemical Major Business
    Table 60. Shanxi Leda Biochemical Lactic Acids Product and Services
    Table 61. Shanxi Leda Biochemical Lactic Acids Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 62. Shanxi Leda Biochemical Recent Developments/Updates
    Table 63. Shangdong Fullsail Basic Information, Manufacturing Base and Competitors
    Table 64. Shangdong Fullsail Major Business
    Table 65. Shangdong Fullsail Lactic Acids Product and Services
    Table 66. Shangdong Fullsail Lactic Acids Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 67. Shangdong Fullsail Recent Developments/Updates
    Table 68. Global Lactic Acids Sales Quantity by Manufacturer (2018-2023) & (K MT)
    Table 69. Global Lactic Acids Revenue by Manufacturer (2018-2023) & (USD Million)
    Table 70. Global Lactic Acids Average Price by Manufacturer (2018-2023) & (USD/MT)
    Table 71. Market Position of Manufacturers in Lactic Acids, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
    Table 72. Head Office and Lactic Acids Production Site of Key Manufacturer
    Table 73. Lactic Acids Market: Company Product Type Footprint
    Table 74. Lactic Acids Market: Company Product Application Footprint
    Table 75. Lactic Acids New Market Entrants and Barriers to Market Entry
    Table 76. Lactic Acids Mergers, Acquisition, Agreements, and Collaborations
    Table 77. Global Lactic Acids Sales Quantity by Region (2018-2023) & (K MT)
    Table 78. Global Lactic Acids Sales Quantity by Region (2024-2029) & (K MT)
    Table 79. Global Lactic Acids Consumption Value by Region (2018-2023) & (USD Million)
    Table 80. Global Lactic Acids Consumption Value by Region (2024-2029) & (USD Million)
    Table 81. Global Lactic Acids Average Price by Region (2018-2023) & (USD/MT)
    Table 82. Global Lactic Acids Average Price by Region (2024-2029) & (USD/MT)
    Table 83. Global Lactic Acids Sales Quantity by Type (2018-2023) & (K MT)
    Table 84. Global Lactic Acids Sales Quantity by Type (2024-2029) & (K MT)
    Table 85. Global Lactic Acids Consumption Value by Type (2018-2023) & (USD Million)
    Table 86. Global Lactic Acids Consumption Value by Type (2024-2029) & (USD Million)
    Table 87. Global Lactic Acids Average Price by Type (2018-2023) & (USD/MT)
    Table 88. Global Lactic Acids Average Price by Type (2024-2029) & (USD/MT)
    Table 89. Global Lactic Acids Sales Quantity by Application (2018-2023) & (K MT)
    Table 90. Global Lactic Acids Sales Quantity by Application (2024-2029) & (K MT)
    Table 91. Global Lactic Acids Consumption Value by Application (2018-2023) & (USD Million)
    Table 92. Global Lactic Acids Consumption Value by Application (2024-2029) & (USD Million)
    Table 93. Global Lactic Acids Average Price by Application (2018-2023) & (USD/MT)
    Table 94. Global Lactic Acids Average Price by Application (2024-2029) & (USD/MT)
    Table 95. North America Lactic Acids Sales Quantity by Type (2018-2023) & (K MT)
    Table 96. North America Lactic Acids Sales Quantity by Type (2024-2029) & (K MT)
    Table 97. North America Lactic Acids Sales Quantity by Application (2018-2023) & (K MT)
    Table 98. North America Lactic Acids Sales Quantity by Application (2024-2029) & (K MT)
    Table 99. North America Lactic Acids Sales Quantity by Country (2018-2023) & (K MT)
    Table 100. North America Lactic Acids Sales Quantity by Country (2024-2029) & (K MT)
    Table 101. North America Lactic Acids Consumption Value by Country (2018-2023) & (USD Million)
    Table 102. North America Lactic Acids Consumption Value by Country (2024-2029) & (USD Million)
    Table 103. Europe Lactic Acids Sales Quantity by Type (2018-2023) & (K MT)
    Table 104. Europe Lactic Acids Sales Quantity by Type (2024-2029) & (K MT)
    Table 105. Europe Lactic Acids Sales Quantity by Application (2018-2023) & (K MT)
    Table 106. Europe Lactic Acids Sales Quantity by Application (2024-2029) & (K MT)
    Table 107. Europe Lactic Acids Sales Quantity by Country (2018-2023) & (K MT)
    Table 108. Europe Lactic Acids Sales Quantity by Country (2024-2029) & (K MT)
    Table 109. Europe Lactic Acids Consumption Value by Country (2018-2023) & (USD Million)
    Table 110. Europe Lactic Acids Consumption Value by Country (2024-2029) & (USD Million)
    Table 111. Asia-Pacific Lactic Acids Sales Quantity by Type (2018-2023) & (K MT)
    Table 112. Asia-Pacific Lactic Acids Sales Quantity by Type (2024-2029) & (K MT)
    Table 113. Asia-Pacific Lactic Acids Sales Quantity by Application (2018-2023) & (K MT)
    Table 114. Asia-Pacific Lactic Acids Sales Quantity by Application (2024-2029) & (K MT)
    Table 115. Asia-Pacific Lactic Acids Sales Quantity by Region (2018-2023) & (K MT)
    Table 116. Asia-Pacific Lactic Acids Sales Quantity by Region (2024-2029) & (K MT)
    Table 117. Asia-Pacific Lactic Acids Consumption Value by Region (2018-2023) & (USD Million)
    Table 118. Asia-Pacific Lactic Acids Consumption Value by Region (2024-2029) & (USD Million)
    Table 119. South America Lactic Acids Sales Quantity by Type (2018-2023) & (K MT)
    Table 120. South America Lactic Acids Sales Quantity by Type (2024-2029) & (K MT)
    Table 121. South America Lactic Acids Sales Quantity by Application (2018-2023) & (K MT)
    Table 122. South America Lactic Acids Sales Quantity by Application (2024-2029) & (K MT)
    Table 123. South America Lactic Acids Sales Quantity by Country (2018-2023) & (K MT)
    Table 124. South America Lactic Acids Sales Quantity by Country (2024-2029) & (K MT)
    Table 125. South America Lactic Acids Consumption Value by Country (2018-2023) & (USD Million)
    Table 126. South America Lactic Acids Consumption Value by Country (2024-2029) & (USD Million)
    Table 127. Middle East & Africa Lactic Acids Sales Quantity by Type (2018-2023) & (K MT)
    Table 128. Middle East & Africa Lactic Acids Sales Quantity by Type (2024-2029) & (K MT)
    Table 129. Middle East & Africa Lactic Acids Sales Quantity by Application (2018-2023) & (K MT)
    Table 130. Middle East & Africa Lactic Acids Sales Quantity by Application (2024-2029) & (K MT)
    Table 131. Middle East & Africa Lactic Acids Sales Quantity by Region (2018-2023) & (K MT)
    Table 132. Middle East & Africa Lactic Acids Sales Quantity by Region (2024-2029) & (K MT)
    Table 133. Middle East & Africa Lactic Acids Consumption Value by Region (2018-2023) & (USD Million)
    Table 134. Middle East & Africa Lactic Acids Consumption Value by Region (2024-2029) & (USD Million)
    Table 135. Lactic Acids Raw Material
    Table 136. Key Manufacturers of Lactic Acids Raw Materials
    Table 137. Lactic Acids Typical Distributors
    Table 138. Lactic Acids Typical Customers
List of Figures
    Figure 1. Lactic Acids Picture
    Figure 2. Global Lactic Acids Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 3. Global Lactic Acids Consumption Value Market Share by Type in 2022
    Figure 4. DL-Lactic Acid Examples
    Figure 5. D-Lactic Acid Examples
    Figure 6. L-Lactic Acid Examples
    Figure 7. Global Lactic Acids Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 8. Global Lactic Acids Consumption Value Market Share by Application in 2022
    Figure 9. Food & Beverage Examples
    Figure 10. Polylactic Acid Examples
    Figure 11. Industrial Examples
    Figure 12. Pharmaceutical Examples
    Figure 13. Personal Care Examples
    Figure 14. Others Examples
    Figure 15. Global Lactic Acids Consumption Value, (USD Million): 2018 & 2022 & 2029
    Figure 16. Global Lactic Acids Consumption Value and Forecast (2018-2029) & (USD Million)
    Figure 17. Global Lactic Acids Sales Quantity (2018-2029) & (K MT)
    Figure 18. Global Lactic Acids Average Price (2018-2029) & (USD/MT)
    Figure 19. Global Lactic Acids Sales Quantity Market Share by Manufacturer in 2022
    Figure 20. Global Lactic Acids Consumption Value Market Share by Manufacturer in 2022
    Figure 21. Producer Shipments of Lactic Acids by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
    Figure 22. Top 3 Lactic Acids Manufacturer (Consumption Value) Market Share in 2022
    Figure 23. Top 6 Lactic Acids Manufacturer (Consumption Value) Market Share in 2022
    Figure 24. Global Lactic Acids Sales Quantity Market Share by Region (2018-2029)
    Figure 25. Global Lactic Acids Consumption Value Market Share by Region (2018-2029)
    Figure 26. North America Lactic Acids Consumption Value (2018-2029) & (USD Million)
    Figure 27. Europe Lactic Acids Consumption Value (2018-2029) & (USD Million)
    Figure 28. Asia-Pacific Lactic Acids Consumption Value (2018-2029) & (USD Million)
    Figure 29. South America Lactic Acids Consumption Value (2018-2029) & (USD Million)
    Figure 30. Middle East & Africa Lactic Acids Consumption Value (2018-2029) & (USD Million)
    Figure 31. Global Lactic Acids Sales Quantity Market Share by Type (2018-2029)
    Figure 32. Global Lactic Acids Consumption Value Market Share by Type (2018-2029)
    Figure 33. Global Lactic Acids Average Price by Type (2018-2029) & (USD/MT)
    Figure 34. Global Lactic Acids Sales Quantity Market Share by Application (2018-2029)
    Figure 35. Global Lactic Acids Consumption Value Market Share by Application (2018-2029)
    Figure 36. Global Lactic Acids Average Price by Application (2018-2029) & (USD/MT)
    Figure 37. North America Lactic Acids Sales Quantity Market Share by Type (2018-2029)
    Figure 38. North America Lactic Acids Sales Quantity Market Share by Application (2018-2029)
    Figure 39. North America Lactic Acids Sales Quantity Market Share by Country (2018-2029)
    Figure 40. North America Lactic Acids Consumption Value Market Share by Country (2018-2029)
    Figure 41. United States Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 42. Canada Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 43. Mexico Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 44. Europe Lactic Acids Sales Quantity Market Share by Type (2018-2029)
    Figure 45. Europe Lactic Acids Sales Quantity Market Share by Application (2018-2029)
    Figure 46. Europe Lactic Acids Sales Quantity Market Share by Country (2018-2029)
    Figure 47. Europe Lactic Acids Consumption Value Market Share by Country (2018-2029)
    Figure 48. Germany Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 49. France Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 50. United Kingdom Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 51. Russia Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 52. Italy Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 53. Asia-Pacific Lactic Acids Sales Quantity Market Share by Type (2018-2029)
    Figure 54. Asia-Pacific Lactic Acids Sales Quantity Market Share by Application (2018-2029)
    Figure 55. Asia-Pacific Lactic Acids Sales Quantity Market Share by Region (2018-2029)
    Figure 56. Asia-Pacific Lactic Acids Consumption Value Market Share by Region (2018-2029)
    Figure 57. China Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 58. Japan Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 59. Korea Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 60. India Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 61. Southeast Asia Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 62. Australia Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 63. South America Lactic Acids Sales Quantity Market Share by Type (2018-2029)
    Figure 64. South America Lactic Acids Sales Quantity Market Share by Application (2018-2029)
    Figure 65. South America Lactic Acids Sales Quantity Market Share by Country (2018-2029)
    Figure 66. South America Lactic Acids Consumption Value Market Share by Country (2018-2029)
    Figure 67. Brazil Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 68. Argentina Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 69. Middle East & Africa Lactic Acids Sales Quantity Market Share by Type (2018-2029)
    Figure 70. Middle East & Africa Lactic Acids Sales Quantity Market Share by Application (2018-2029)
    Figure 71. Middle East & Africa Lactic Acids Sales Quantity Market Share by Region (2018-2029)
    Figure 72. Middle East & Africa Lactic Acids Consumption Value Market Share by Region (2018-2029)
    Figure 73. Turkey Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 74. Egypt Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 75. Saudi Arabia Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 76. South Africa Lactic Acids Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 77. Lactic Acids Market Drivers
    Figure 78. Lactic Acids Market Restraints
    Figure 79. Lactic Acids Market Trends
    Figure 80. Porters Five Forces Analysis
    Figure 81. Manufacturing Cost Structure Analysis of Lactic Acids in 2022
    Figure 82. Manufacturing Process Analysis of Lactic Acids
    Figure 83. Lactic Acids Industrial Chain
    Figure 84. Sales Quantity Channel: Direct to End-User vs Distributors
    Figure 85. Direct Channel Pros & Cons
    Figure 86. Indirect Channel Pros & Cons
    Figure 87. Methodology
    Figure 88. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Corbion
NatureWorks
Henan Jindan Lactic Acid Technology
Galactic
BBCA Group
Jungbunzlauer
Shandong Parkson Biotechnology
Musashino Chemical
Henan Xinghan Biotechnology
Wuhan Sanjiang Space Good Biotech
Shandong Shouguang Juneng Golden
Shanxi Leda Biochemical
Shangdong Fullsail

Related Reports

Global Lactic Acids Supply, Demand and Key Producers, 2023-2029

Global Lactic Acids Supply, Demand and Key Producers, 2023-2029

date 29 Jun 2023

date Consumer Goods

The global Lactic Acids market size is expected to reach $ 3325.5 million by 2029, rising at a market growth of 13.1% CAGR during the forecast period (2023-2029).

Global Lactic Acids Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Lactic Acids Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

date 02 Jan 2024

date Consumer Goods

According to our (Global Info Research) latest study, the global Lactic Acids market size was valued at USD 1405.5 million in 2023 and is forecast to a readjusted size of USD 3325.5 million by 2030 with a CAGR of 13.1% during review period.

Global Lactic Acids Supply, Demand and Key Producers, 2024-2030

Global Lactic Acids Supply, Demand and Key Producers, 2024-2030

date 22 Feb 2024

date Consumer Goods

The global Lactic Acids market size is expected to reach $ 3325.5 million by 2030, rising at a market growth of 13.1% CAGR during the forecast period (2024-2030).

Product Tags

Lactic Acids

Computer Host Shell

Moto Track

Purchase Options

Single User License

USD3480.00

Multi User License

USD5220.00

Corporate Users License

USD6960.00

Add To Cart

Buy Now

Popular Product Keywords

AI
semiconductor
electron
5G
artificial intelligence
Battery
new energy
We Provide Professional, Accurate Market Analysis to Help You Stay Ahead of Your Competition.

Speak to our analyst >>
Our Clients
What We Can Provide?

With better results and higher quality products,Our professional reports can achieve four things:
- Insight into the industry market information
- Analyze market development needs
- Prospects for future development
- Develop industry investment strategy
Digging deeper into global industry information and providing market strategies.

Contact Us >>