Global Lactic Acids Market

Lactic Acids Comprehensive Study by Application (Biodegradable Polymers, Food and Beverages, Pharmaceuticals, Personal Care Products, Others), Raw Material (Corn, Sugarcane, Cassava, Other Crops) Players and Region - Global Market Outlook to 2030

Lactic Acids Market by XX Submarkets | Forecast Years 2024-2030 | CAGR: 17.05%  

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  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
About Lactic Acids
Lactic acid, an organic compound (2-HydroxyPropanoic Acid), is a colorless, odorless and sugary, hygroscopic and thick chemical liquid. It is extensively used in food industry, cosmetics, pharmaceutical industry and Industrial. In addition to this, lactic acid is widely used in refined dairy products, flavoring, preservative, textile dying and production of biodegradable polymers

AttributesDetails
Study Period2018-2030
Base Year2023
UnitValue (USD Billion)
CAGR17.05%


The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Lactic Acids market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.

BASF SE (Germany), CSM N.V. (The Netherlands), The Dow Chemical Company (United States), Teijin Ltd. (Japan), NatureWorks LLC (United States), Henan Jindan Lactic Acid TechnologyCo., Ltd (China), Musashino Chemical Laboratory Ltd. (Japan), Cargill (United States), DaniMer Scientific LLC (United States) and Galactic S.A. (Belgium) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Corbion N.V. (Netherlands), Wei Mon Industry Co. Ltd. (China), Vaishnavi Bio-Tech Ltd. (India) and Myriant Corporation (United States).

Segmentation Overview
AMA Research has segmented the market of Global Lactic Acids market by , Application (Biodegradable Polymers, Food and Beverages, Pharmaceuticals, Personal Care Products and Others) and Region.



On the basis of geography, the market of Lactic Acids has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Raw Material, the sub-segment i.e. Corn will boost the Lactic Acids market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

Influencing Trend:
The Demand for Biodegradable Polymers for Green, Sustainable and Biodegradable Packaging Materials and A Swing in the Preference of Consumers from Synthetic Ingredients to Organic and Natural Food Ingredients

Market Growth Drivers:
Increasing Consumption of Pharmaceutical Grade Products, Surging Demand for Fermented Foods in Both Developed and Developing Economies and Highly Used as an Acidulant, Ph Adjuster, and Preservative

Restraints:
Price Fluctuation of Raw Materials

Opportunities:
Rising Demand for Eco-Friendly Packaging and Surging Scope of Applications of Lactic Acid in End User Industries

Market Leaders and their expansionary development strategies
In November 2023, Purac joins forces with Mitsui Chemicals to manufacture lactide L on a large scale, aiming to increase the availability of sustainable bioplastics and reduce reliance on fossil fuels.
In October 2023, Purac launches lactide L, a monomer derived from lactic acid for sustainable production of polylactic acid (PLA) bioplastics with enhanced properties.
The Regulations of lactic acid production has been of interest to exercise physiologists and biochemists for many years. Part of this interest undoubtedly stems from the close association between lactate accumulation and muscle fatigue under various, but not all, conditions. Lactate accumulation as an index of accelerated glycolysis has long been appreciated, although the lack of increase in lactate does not necessarily imply that glycolysis is not accelerated.

Key Target Audience
Lactic Acid Manufacturers, Renewable Chemical Suppliers, Packaging Services Providers, Biodegradable Plastics Manufacturers, Government and Research Organizations and Others

About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.

Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.

The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.

Report Objectives / Segmentation Covered

By Application
  • Biodegradable Polymers
  • Food and Beverages
  • Pharmaceuticals
  • Personal Care Products
  • Others
By Raw Material
  • Corn
  • Sugarcane
  • Cassava
  • Other Crops

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Increasing Consumption of Pharmaceutical Grade Products
      • 3.2.2. Surging Demand for Fermented Foods in Both Developed and Developing Economies
      • 3.2.3. Highly Used as an Acidulant, Ph Adjuster, and Preservative
    • 3.3. Market Trends
      • 3.3.1. The Demand for Biodegradable Polymers for Green, Sustainable and Biodegradable Packaging Materials
      • 3.3.2. A Swing in the Preference of Consumers from Synthetic Ingredients to Organic and Natural Food Ingredients
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Lactic Acids, by Application, Raw Material and Region (value and price ) (2018-2023)
    • 5.1. Introduction
    • 5.2. Global Lactic Acids (Value)
      • 5.2.1. Global Lactic Acids by: Application (Value)
        • 5.2.1.1. Biodegradable Polymers
        • 5.2.1.2. Food and Beverages
        • 5.2.1.3. Pharmaceuticals
        • 5.2.1.4. Personal Care Products
        • 5.2.1.5. Others
      • 5.2.2. Global Lactic Acids by: Raw Material (Value)
        • 5.2.2.1. Corn
        • 5.2.2.2. Sugarcane
        • 5.2.2.3. Cassava
        • 5.2.2.4. Other Crops
      • 5.2.3. Global Lactic Acids Region
        • 5.2.3.1. South America
          • 5.2.3.1.1. Brazil
          • 5.2.3.1.2. Argentina
          • 5.2.3.1.3. Rest of South America
        • 5.2.3.2. Asia Pacific
          • 5.2.3.2.1. China
          • 5.2.3.2.2. Japan
          • 5.2.3.2.3. India
          • 5.2.3.2.4. South Korea
          • 5.2.3.2.5. Taiwan
          • 5.2.3.2.6. Australia
          • 5.2.3.2.7. Rest of Asia-Pacific
        • 5.2.3.3. Europe
          • 5.2.3.3.1. Germany
          • 5.2.3.3.2. France
          • 5.2.3.3.3. Italy
          • 5.2.3.3.4. United Kingdom
          • 5.2.3.3.5. Netherlands
          • 5.2.3.3.6. Rest of Europe
        • 5.2.3.4. MEA
          • 5.2.3.4.1. Middle East
          • 5.2.3.4.2. Africa
        • 5.2.3.5. North America
          • 5.2.3.5.1. United States
          • 5.2.3.5.2. Canada
          • 5.2.3.5.3. Mexico
    • 5.3. Global Lactic Acids (Price)
  • 6. Lactic Acids: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2023)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. BASF SE (Germany)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. CSM N.V. (The Netherlands)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. The Dow Chemical Company (United States)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. Teijin Ltd. (Japan)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. NatureWorks LLC (United States)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Henan Jindan Lactic Acid TechnologyCo., Ltd (China)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. Musashino Chemical Laboratory Ltd. (Japan)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Cargill (United States)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. DaniMer Scientific LLC (United States)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. Galactic S.A. (Belgium)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
  • 7. Global Lactic Acids Sale, by Application, Raw Material and Region (value and price ) (2025-2030)
    • 7.1. Introduction
    • 7.2. Global Lactic Acids (Value)
      • 7.2.1. Global Lactic Acids by: Application (Value)
        • 7.2.1.1. Biodegradable Polymers
        • 7.2.1.2. Food and Beverages
        • 7.2.1.3. Pharmaceuticals
        • 7.2.1.4. Personal Care Products
        • 7.2.1.5. Others
      • 7.2.2. Global Lactic Acids by: Raw Material (Value)
        • 7.2.2.1. Corn
        • 7.2.2.2. Sugarcane
        • 7.2.2.3. Cassava
        • 7.2.2.4. Other Crops
      • 7.2.3. Global Lactic Acids Region
        • 7.2.3.1. South America
          • 7.2.3.1.1. Brazil
          • 7.2.3.1.2. Argentina
          • 7.2.3.1.3. Rest of South America
        • 7.2.3.2. Asia Pacific
          • 7.2.3.2.1. China
          • 7.2.3.2.2. Japan
          • 7.2.3.2.3. India
          • 7.2.3.2.4. South Korea
          • 7.2.3.2.5. Taiwan
          • 7.2.3.2.6. Australia
          • 7.2.3.2.7. Rest of Asia-Pacific
        • 7.2.3.3. Europe
          • 7.2.3.3.1. Germany
          • 7.2.3.3.2. France
          • 7.2.3.3.3. Italy
          • 7.2.3.3.4. United Kingdom
          • 7.2.3.3.5. Netherlands
          • 7.2.3.3.6. Rest of Europe
        • 7.2.3.4. MEA
          • 7.2.3.4.1. Middle East
          • 7.2.3.4.2. Africa
        • 7.2.3.5. North America
          • 7.2.3.5.1. United States
          • 7.2.3.5.2. Canada
          • 7.2.3.5.3. Mexico
    • 7.3. Global Lactic Acids (Price)
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Lactic Acids: by Application(USD Billion)
  • Table 2. Lactic Acids Biodegradable Polymers , by Region USD Billion (2018-2023)
  • Table 3. Lactic Acids Food and Beverages , by Region USD Billion (2018-2023)
  • Table 4. Lactic Acids Pharmaceuticals , by Region USD Billion (2018-2023)
  • Table 5. Lactic Acids Personal Care Products , by Region USD Billion (2018-2023)
  • Table 6. Lactic Acids Others , by Region USD Billion (2018-2023)
  • Table 7. Lactic Acids: by Raw Material(USD Billion)
  • Table 8. Lactic Acids Corn , by Region USD Billion (2018-2023)
  • Table 9. Lactic Acids Sugarcane , by Region USD Billion (2018-2023)
  • Table 10. Lactic Acids Cassava , by Region USD Billion (2018-2023)
  • Table 11. Lactic Acids Other Crops , by Region USD Billion (2018-2023)
  • Table 12. South America Lactic Acids, by Country USD Billion (2018-2023)
  • Table 13. South America Lactic Acids, by Application USD Billion (2018-2023)
  • Table 14. South America Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 15. Brazil Lactic Acids, by Application USD Billion (2018-2023)
  • Table 16. Brazil Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 17. Argentina Lactic Acids, by Application USD Billion (2018-2023)
  • Table 18. Argentina Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 19. Rest of South America Lactic Acids, by Application USD Billion (2018-2023)
  • Table 20. Rest of South America Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 21. Asia Pacific Lactic Acids, by Country USD Billion (2018-2023)
  • Table 22. Asia Pacific Lactic Acids, by Application USD Billion (2018-2023)
  • Table 23. Asia Pacific Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 24. China Lactic Acids, by Application USD Billion (2018-2023)
  • Table 25. China Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 26. Japan Lactic Acids, by Application USD Billion (2018-2023)
  • Table 27. Japan Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 28. India Lactic Acids, by Application USD Billion (2018-2023)
  • Table 29. India Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 30. South Korea Lactic Acids, by Application USD Billion (2018-2023)
  • Table 31. South Korea Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 32. Taiwan Lactic Acids, by Application USD Billion (2018-2023)
  • Table 33. Taiwan Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 34. Australia Lactic Acids, by Application USD Billion (2018-2023)
  • Table 35. Australia Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 36. Rest of Asia-Pacific Lactic Acids, by Application USD Billion (2018-2023)
  • Table 37. Rest of Asia-Pacific Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 38. Europe Lactic Acids, by Country USD Billion (2018-2023)
  • Table 39. Europe Lactic Acids, by Application USD Billion (2018-2023)
  • Table 40. Europe Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 41. Germany Lactic Acids, by Application USD Billion (2018-2023)
  • Table 42. Germany Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 43. France Lactic Acids, by Application USD Billion (2018-2023)
  • Table 44. France Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 45. Italy Lactic Acids, by Application USD Billion (2018-2023)
  • Table 46. Italy Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 47. United Kingdom Lactic Acids, by Application USD Billion (2018-2023)
  • Table 48. United Kingdom Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 49. Netherlands Lactic Acids, by Application USD Billion (2018-2023)
  • Table 50. Netherlands Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 51. Rest of Europe Lactic Acids, by Application USD Billion (2018-2023)
  • Table 52. Rest of Europe Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 53. MEA Lactic Acids, by Country USD Billion (2018-2023)
  • Table 54. MEA Lactic Acids, by Application USD Billion (2018-2023)
  • Table 55. MEA Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 56. Middle East Lactic Acids, by Application USD Billion (2018-2023)
  • Table 57. Middle East Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 58. Africa Lactic Acids, by Application USD Billion (2018-2023)
  • Table 59. Africa Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 60. North America Lactic Acids, by Country USD Billion (2018-2023)
  • Table 61. North America Lactic Acids, by Application USD Billion (2018-2023)
  • Table 62. North America Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 63. United States Lactic Acids, by Application USD Billion (2018-2023)
  • Table 64. United States Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 65. Canada Lactic Acids, by Application USD Billion (2018-2023)
  • Table 66. Canada Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 67. Mexico Lactic Acids, by Application USD Billion (2018-2023)
  • Table 68. Mexico Lactic Acids, by Raw Material USD Billion (2018-2023)
  • Table 69. Company Basic Information, Sales Area and Its Competitors
  • Table 70. Company Basic Information, Sales Area and Its Competitors
  • Table 71. Company Basic Information, Sales Area and Its Competitors
  • Table 72. Company Basic Information, Sales Area and Its Competitors
  • Table 73. Company Basic Information, Sales Area and Its Competitors
  • Table 74. Company Basic Information, Sales Area and Its Competitors
  • Table 75. Company Basic Information, Sales Area and Its Competitors
  • Table 76. Company Basic Information, Sales Area and Its Competitors
  • Table 77. Company Basic Information, Sales Area and Its Competitors
  • Table 78. Company Basic Information, Sales Area and Its Competitors
  • Table 79. Lactic Acids: by Application(USD Billion)
  • Table 80. Lactic Acids Biodegradable Polymers , by Region USD Billion (2025-2030)
  • Table 81. Lactic Acids Food and Beverages , by Region USD Billion (2025-2030)
  • Table 82. Lactic Acids Pharmaceuticals , by Region USD Billion (2025-2030)
  • Table 83. Lactic Acids Personal Care Products , by Region USD Billion (2025-2030)
  • Table 84. Lactic Acids Others , by Region USD Billion (2025-2030)
  • Table 85. Lactic Acids: by Raw Material(USD Billion)
  • Table 86. Lactic Acids Corn , by Region USD Billion (2025-2030)
  • Table 87. Lactic Acids Sugarcane , by Region USD Billion (2025-2030)
  • Table 88. Lactic Acids Cassava , by Region USD Billion (2025-2030)
  • Table 89. Lactic Acids Other Crops , by Region USD Billion (2025-2030)
  • Table 90. South America Lactic Acids, by Country USD Billion (2025-2030)
  • Table 91. South America Lactic Acids, by Application USD Billion (2025-2030)
  • Table 92. South America Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 93. Brazil Lactic Acids, by Application USD Billion (2025-2030)
  • Table 94. Brazil Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 95. Argentina Lactic Acids, by Application USD Billion (2025-2030)
  • Table 96. Argentina Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 97. Rest of South America Lactic Acids, by Application USD Billion (2025-2030)
  • Table 98. Rest of South America Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 99. Asia Pacific Lactic Acids, by Country USD Billion (2025-2030)
  • Table 100. Asia Pacific Lactic Acids, by Application USD Billion (2025-2030)
  • Table 101. Asia Pacific Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 102. China Lactic Acids, by Application USD Billion (2025-2030)
  • Table 103. China Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 104. Japan Lactic Acids, by Application USD Billion (2025-2030)
  • Table 105. Japan Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 106. India Lactic Acids, by Application USD Billion (2025-2030)
  • Table 107. India Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 108. South Korea Lactic Acids, by Application USD Billion (2025-2030)
  • Table 109. South Korea Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 110. Taiwan Lactic Acids, by Application USD Billion (2025-2030)
  • Table 111. Taiwan Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 112. Australia Lactic Acids, by Application USD Billion (2025-2030)
  • Table 113. Australia Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 114. Rest of Asia-Pacific Lactic Acids, by Application USD Billion (2025-2030)
  • Table 115. Rest of Asia-Pacific Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 116. Europe Lactic Acids, by Country USD Billion (2025-2030)
  • Table 117. Europe Lactic Acids, by Application USD Billion (2025-2030)
  • Table 118. Europe Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 119. Germany Lactic Acids, by Application USD Billion (2025-2030)
  • Table 120. Germany Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 121. France Lactic Acids, by Application USD Billion (2025-2030)
  • Table 122. France Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 123. Italy Lactic Acids, by Application USD Billion (2025-2030)
  • Table 124. Italy Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 125. United Kingdom Lactic Acids, by Application USD Billion (2025-2030)
  • Table 126. United Kingdom Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 127. Netherlands Lactic Acids, by Application USD Billion (2025-2030)
  • Table 128. Netherlands Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 129. Rest of Europe Lactic Acids, by Application USD Billion (2025-2030)
  • Table 130. Rest of Europe Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 131. MEA Lactic Acids, by Country USD Billion (2025-2030)
  • Table 132. MEA Lactic Acids, by Application USD Billion (2025-2030)
  • Table 133. MEA Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 134. Middle East Lactic Acids, by Application USD Billion (2025-2030)
  • Table 135. Middle East Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 136. Africa Lactic Acids, by Application USD Billion (2025-2030)
  • Table 137. Africa Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 138. North America Lactic Acids, by Country USD Billion (2025-2030)
  • Table 139. North America Lactic Acids, by Application USD Billion (2025-2030)
  • Table 140. North America Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 141. United States Lactic Acids, by Application USD Billion (2025-2030)
  • Table 142. United States Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 143. Canada Lactic Acids, by Application USD Billion (2025-2030)
  • Table 144. Canada Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 145. Mexico Lactic Acids, by Application USD Billion (2025-2030)
  • Table 146. Mexico Lactic Acids, by Raw Material USD Billion (2025-2030)
  • Table 147. Research Programs/Design for This Report
  • Table 148. Key Data Information from Secondary Sources
  • Table 149. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Lactic Acids: by Application USD Billion (2018-2023)
  • Figure 5. Global Lactic Acids: by Raw Material USD Billion (2018-2023)
  • Figure 6. South America Lactic Acids Share (%), by Country
  • Figure 7. Asia Pacific Lactic Acids Share (%), by Country
  • Figure 8. Europe Lactic Acids Share (%), by Country
  • Figure 9. MEA Lactic Acids Share (%), by Country
  • Figure 10. North America Lactic Acids Share (%), by Country
  • Figure 11. Global Lactic Acids share by Players 2023 (%)
  • Figure 12. Global Lactic Acids share by Players (Top 3) 2023(%)
  • Figure 13. Global Lactic Acids share by Players (Top 5) 2023(%)
  • Figure 14. BCG Matrix for key Companies
  • Figure 15. BASF SE (Germany) Revenue, Net Income and Gross profit
  • Figure 16. BASF SE (Germany) Revenue: by Geography 2023
  • Figure 17. CSM N.V. (The Netherlands) Revenue, Net Income and Gross profit
  • Figure 18. CSM N.V. (The Netherlands) Revenue: by Geography 2023
  • Figure 19. The Dow Chemical Company (United States) Revenue, Net Income and Gross profit
  • Figure 20. The Dow Chemical Company (United States) Revenue: by Geography 2023
  • Figure 21. Teijin Ltd. (Japan) Revenue, Net Income and Gross profit
  • Figure 22. Teijin Ltd. (Japan) Revenue: by Geography 2023
  • Figure 23. NatureWorks LLC (United States) Revenue, Net Income and Gross profit
  • Figure 24. NatureWorks LLC (United States) Revenue: by Geography 2023
  • Figure 25. Henan Jindan Lactic Acid TechnologyCo., Ltd (China) Revenue, Net Income and Gross profit
  • Figure 26. Henan Jindan Lactic Acid TechnologyCo., Ltd (China) Revenue: by Geography 2023
  • Figure 27. Musashino Chemical Laboratory Ltd. (Japan) Revenue, Net Income and Gross profit
  • Figure 28. Musashino Chemical Laboratory Ltd. (Japan) Revenue: by Geography 2023
  • Figure 29. Cargill (United States) Revenue, Net Income and Gross profit
  • Figure 30. Cargill (United States) Revenue: by Geography 2023
  • Figure 31. DaniMer Scientific LLC (United States) Revenue, Net Income and Gross profit
  • Figure 32. DaniMer Scientific LLC (United States) Revenue: by Geography 2023
  • Figure 33. Galactic S.A. (Belgium) Revenue, Net Income and Gross profit
  • Figure 34. Galactic S.A. (Belgium) Revenue: by Geography 2023
  • Figure 35. Global Lactic Acids: by Application USD Billion (2025-2030)
  • Figure 36. Global Lactic Acids: by Raw Material USD Billion (2025-2030)
  • Figure 37. South America Lactic Acids Share (%), by Country
  • Figure 38. Asia Pacific Lactic Acids Share (%), by Country
  • Figure 39. Europe Lactic Acids Share (%), by Country
  • Figure 40. MEA Lactic Acids Share (%), by Country
  • Figure 41. North America Lactic Acids Share (%), by Country
List of companies from research coverage that are profiled in the study
  • BASF SE (Germany)
  • CSM N.V. (The Netherlands)
  • The Dow Chemical Company (United States)
  • Teijin Ltd. (Japan)
  • NatureWorks LLC (United States)
  • Henan Jindan Lactic Acid TechnologyCo., Ltd (China)
  • Musashino Chemical Laboratory Ltd. (Japan)
  • Cargill (United States)
  • DaniMer Scientific LLC (United States)
  • Galactic S.A. (Belgium)
Additional players considered in the study are as follows:
Corbion N.V. (Netherlands) , Wei Mon Industry Co. Ltd. (China) , Vaishnavi Bio-Tech Ltd. (India) , Myriant Corporation (United States)
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Jan 2024 210 Pages 87 Tables Base Year: 2023 Coverage: 15+ Companies; 18 Countries

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Global Lactic Acids Market Quantitative research analysis
Global Lactic Acids Market Qualitative Industry Analysis
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Frequently Asked Questions (FAQ):

The standard version of the report profiles players such as BASF SE (Germany), CSM N.V. (The Netherlands), The Dow Chemical Company (United States), Teijin Ltd. (Japan), NatureWorks LLC (United States), Henan Jindan Lactic Acid TechnologyCo., Ltd (China), Musashino Chemical Laboratory Ltd. (Japan), Cargill (United States), DaniMer Scientific LLC (United States) and Galactic S.A. (Belgium) etc.
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
"The Demand for Biodegradable Polymers for Green, Sustainable and Biodegradable Packaging Materials " is seen as one of major influencing trends for Lactic Acids Market during projected period 2023-2030.
The Lactic Acids market study includes a random mix of players, including both market leaders and some top growing emerging players. Connect with our sales executive to get a complete company list in our research coverage.
Analysts at AMA estimates Lactic Acids Market to reach USD6.19 Billion by 2030.

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