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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.
According to our latest study, the global Lactic Acids market size was valued at USD 1508.4 million in 2022 and is forecast to a readjusted size of USD 2157.3 million by 2029 with a CAGR of 5.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global lactic acids(CAS 50-21-5) key players include Corbion-Purac, NatureWorks etc.Global top 2 manufacturers hold a share over 54%.
North America and China are the large market with a share both about 34%, followed by Europe with a share about 15 percent.In terms of product, L-lactic acid is the largest segment, with a share over 94%. And in terms of application, the largest application is polylactic acid, followed by food & beverage.
This report is a detailed and comprehensive analysis for global Lactic Acids market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Lactic Acids market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Lactic Acids market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Lactic Acids market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Lactic Acids market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Lactic Acids
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Lactic Acids market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Corbion, NatureWorks, Henan Jindan Lactic Acid Technology, Galactic and BBCA Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
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. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
L-lactic Acid
D-lactic Acid
DL-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
Cargill
ADM
B&G
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.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
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 L-lactic Acid
1.3.3 D-lactic Acid
1.3.4 DL-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
2.14 Cargill
2.14.1 Cargill Details
2.14.2 Cargill Major Business
2.14.3 Cargill Lactic Acids Product and Services
2.14.4 Cargill Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 Cargill Recent Developments/Updates
2.15 ADM
2.15.1 ADM Details
2.15.2 ADM Major Business
2.15.3 ADM Lactic Acids Product and Services
2.15.4 ADM Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.15.5 ADM Recent Developments/Updates
2.16 B&G
2.16.1 B&G Details
2.16.2 B&G Major Business
2.16.3 B&G Lactic Acids Product and Services
2.16.4 B&G Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.16.5 B&G 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
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. Cargill Basic Information, Manufacturing Base and Competitors
Table 69. Cargill Major Business
Table 70. Cargill Lactic Acids Product and Services
Table 71. Cargill Lactic Acids Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 72. Cargill Recent Developments/Updates
Table 73. ADM Basic Information, Manufacturing Base and Competitors
Table 74. ADM Major Business
Table 75. ADM Lactic Acids Product and Services
Table 76. ADM Lactic Acids Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 77. ADM Recent Developments/Updates
Table 78. B&G Basic Information, Manufacturing Base and Competitors
Table 79. B&G Major Business
Table 80. B&G Lactic Acids Product and Services
Table 81. B&G Lactic Acids Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 82. B&G Recent Developments/Updates
Table 83. Global Lactic Acids Sales Quantity by Manufacturer (2018-2023) & (K MT)
Table 84. Global Lactic Acids Revenue by Manufacturer (2018-2023) & (USD Million)
Table 85. Global Lactic Acids Average Price by Manufacturer (2018-2023) & (USD/MT)
Table 86. Market Position of Manufacturers in Lactic Acids, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
Table 87. Head Office and Lactic Acids Production Site of Key Manufacturer
Table 88. Lactic Acids Market: Company Product Type Footprint
Table 89. Lactic Acids Market: Company Product Application Footprint
Table 90. Lactic Acids New Market Entrants and Barriers to Market Entry
Table 91. Lactic Acids Mergers, Acquisition, Agreements, and Collaborations
Table 92. Global Lactic Acids Sales Quantity by Region (2018-2023) & (K MT)
Table 93. Global Lactic Acids Sales Quantity by Region (2024-2029) & (K MT)
Table 94. Global Lactic Acids Consumption Value by Region (2018-2023) & (USD Million)
Table 95. Global Lactic Acids Consumption Value by Region (2024-2029) & (USD Million)
Table 96. Global Lactic Acids Average Price by Region (2018-2023) & (USD/MT)
Table 97. Global Lactic Acids Average Price by Region (2024-2029) & (USD/MT)
Table 98. Global Lactic Acids Sales Quantity by Type (2018-2023) & (K MT)
Table 99. Global Lactic Acids Sales Quantity by Type (2024-2029) & (K MT)
Table 100. Global Lactic Acids Consumption Value by Type (2018-2023) & (USD Million)
Table 101. Global Lactic Acids Consumption Value by Type (2024-2029) & (USD Million)
Table 102. Global Lactic Acids Average Price by Type (2018-2023) & (USD/MT)
Table 103. Global Lactic Acids Average Price by Type (2024-2029) & (USD/MT)
Table 104. Global Lactic Acids Sales Quantity by Application (2018-2023) & (K MT)
Table 105. Global Lactic Acids Sales Quantity by Application (2024-2029) & (K MT)
Table 106. Global Lactic Acids Consumption Value by Application (2018-2023) & (USD Million)
Table 107. Global Lactic Acids Consumption Value by Application (2024-2029) & (USD Million)
Table 108. Global Lactic Acids Average Price by Application (2018-2023) & (USD/MT)
Table 109. Global Lactic Acids Average Price by Application (2024-2029) & (USD/MT)
Table 110. North America Lactic Acids Sales Quantity by Type (2018-2023) & (K MT)
Table 111. North America Lactic Acids Sales Quantity by Type (2024-2029) & (K MT)
Table 112. North America Lactic Acids Sales Quantity by Application (2018-2023) & (K MT)
Table 113. North America Lactic Acids Sales Quantity by Application (2024-2029) & (K MT)
Table 114. North America Lactic Acids Sales Quantity by Country (2018-2023) & (K MT)
Table 115. North America Lactic Acids Sales Quantity by Country (2024-2029) & (K MT)
Table 116. North America Lactic Acids Consumption Value by Country (2018-2023) & (USD Million)
Table 117. North America Lactic Acids Consumption Value by Country (2024-2029) & (USD Million)
Table 118. Europe Lactic Acids Sales Quantity by Type (2018-2023) & (K MT)
Table 119. Europe Lactic Acids Sales Quantity by Type (2024-2029) & (K MT)
Table 120. Europe Lactic Acids Sales Quantity by Application (2018-2023) & (K MT)
Table 121. Europe Lactic Acids Sales Quantity by Application (2024-2029) & (K MT)
Table 122. Europe Lactic Acids Sales Quantity by Country (2018-2023) & (K MT)
Table 123. Europe Lactic Acids Sales Quantity by Country (2024-2029) & (K MT)
Table 124. Europe Lactic Acids Consumption Value by Country (2018-2023) & (USD Million)
Table 125. Europe Lactic Acids Consumption Value by Country (2024-2029) & (USD Million)
Table 126. Asia-Pacific Lactic Acids Sales Quantity by Type (2018-2023) & (K MT)
Table 127. Asia-Pacific Lactic Acids Sales Quantity by Type (2024-2029) & (K MT)
Table 128. Asia-Pacific Lactic Acids Sales Quantity by Application (2018-2023) & (K MT)
Table 129. Asia-Pacific Lactic Acids Sales Quantity by Application (2024-2029) & (K MT)
Table 130. Asia-Pacific Lactic Acids Sales Quantity by Region (2018-2023) & (K MT)
Table 131. Asia-Pacific Lactic Acids Sales Quantity by Region (2024-2029) & (K MT)
Table 132. Asia-Pacific Lactic Acids Consumption Value by Region (2018-2023) & (USD Million)
Table 133. Asia-Pacific Lactic Acids Consumption Value by Region (2024-2029) & (USD Million)
Table 134. South America Lactic Acids Sales Quantity by Type (2018-2023) & (K MT)
Table 135. South America Lactic Acids Sales Quantity by Type (2024-2029) & (K MT)
Table 136. South America Lactic Acids Sales Quantity by Application (2018-2023) & (K MT)
Table 137. South America Lactic Acids Sales Quantity by Application (2024-2029) & (K MT)
Table 138. South America Lactic Acids Sales Quantity by Country (2018-2023) & (K MT)
Table 139. South America Lactic Acids Sales Quantity by Country (2024-2029) & (K MT)
Table 140. South America Lactic Acids Consumption Value by Country (2018-2023) & (USD Million)
Table 141. South America Lactic Acids Consumption Value by Country (2024-2029) & (USD Million)
Table 142. Middle East & Africa Lactic Acids Sales Quantity by Type (2018-2023) & (K MT)
Table 143. Middle East & Africa Lactic Acids Sales Quantity by Type (2024-2029) & (K MT)
Table 144. Middle East & Africa Lactic Acids Sales Quantity by Application (2018-2023) & (K MT)
Table 145. Middle East & Africa Lactic Acids Sales Quantity by Application (2024-2029) & (K MT)
Table 146. Middle East & Africa Lactic Acids Sales Quantity by Region (2018-2023) & (K MT)
Table 147. Middle East & Africa Lactic Acids Sales Quantity by Region (2024-2029) & (K MT)
Table 148. Middle East & Africa Lactic Acids Consumption Value by Region (2018-2023) & (USD Million)
Table 149. Middle East & Africa Lactic Acids Consumption Value by Region (2024-2029) & (USD Million)
Table 150. Lactic Acids Raw Material
Table 151. Key Manufacturers of Lactic Acids Raw Materials
Table 152. Lactic Acids Typical Distributors
Table 153. 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. L-lactic Acid Examples
Figure 5. D-lactic Acid Examples
Figure 6. DL-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
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