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Food Grade Lactic Acid-Global Market Insights and Sales Trends 2025
Synopsis
The global Food Grade Lactic Acid market size is expected to reach US$ 754.4 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Food Grade Lactic Acid in various end use industries. The expanding demands from the Food, Beverage, Home & Personal Care and Others, are propelling Food Grade Lactic Acid market. 80% Purity, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 88% Purity segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Food Grade Lactic Acid market, driven by demand from China, the second largest economy with some signs of stabilising, the Food Grade Lactic Acid market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Food Grade Lactic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Food Grade Lactic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Food Grade Lactic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Food Grade Lactic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Food Grade Lactic Acid covered in this report include Corbion, Galactic, Henan Jindan Lactic Acid Technology, COFCO Biochemical, Musashino Chemical, Yancheng Haijianuo, Jungbunzlauer, Zhengzhou Tianrun and Shangdong Fullsail, etc.
The global Food Grade Lactic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Corbion
Galactic
Henan Jindan Lactic Acid Technology
COFCO Biochemical
Musashino Chemical
Yancheng Haijianuo
Jungbunzlauer
Zhengzhou Tianrun
Shangdong Fullsail
Global Food Grade Lactic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Food Grade Lactic Acid market, Segment by Type:
80% Purity
88% Purity
Global Food Grade Lactic Acid market, by Application
Food
Beverage
Home & Personal Care
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Food Grade Lactic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Food Grade Lactic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Food Grade Lactic Acid market size is expected to reach US$ 754.4 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Food Grade Lactic Acid in various end use industries. The expanding demands from the Food, Beverage, Home & Personal Care and Others, are propelling Food Grade Lactic Acid market. 80% Purity, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 88% Purity segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Food Grade Lactic Acid market, driven by demand from China, the second largest economy with some signs of stabilising, the Food Grade Lactic Acid market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Food Grade Lactic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Food Grade Lactic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Food Grade Lactic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Food Grade Lactic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Food Grade Lactic Acid covered in this report include Corbion, Galactic, Henan Jindan Lactic Acid Technology, COFCO Biochemical, Musashino Chemical, Yancheng Haijianuo, Jungbunzlauer, Zhengzhou Tianrun and Shangdong Fullsail, etc.
The global Food Grade Lactic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Corbion
Galactic
Henan Jindan Lactic Acid Technology
COFCO Biochemical
Musashino Chemical
Yancheng Haijianuo
Jungbunzlauer
Zhengzhou Tianrun
Shangdong Fullsail
Global Food Grade Lactic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Food Grade Lactic Acid market, Segment by Type:
80% Purity
88% Purity
Global Food Grade Lactic Acid market, by Application
Food
Beverage
Home & Personal Care
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Food Grade Lactic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Food Grade Lactic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Food Grade Lactic Acid Market Overview
1.1 Food Grade Lactic Acid Product Overview
1.2 Food Grade Lactic Acid Market Segment by Type
1.2.1 80% Purity
1.2.2 88% Purity
1.3 Global Food Grade Lactic Acid Market Size by Type
1.3.1 Global Food Grade Lactic Acid Market Size Overview by Type (2018-2029)
1.3.2 Global Food Grade Lactic Acid Historic Market Size Review by Type (2018-2023)
1.3.3 Global Food Grade Lactic Acid Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Food Grade Lactic Acid Sales Breakdown by Type (2018-2023)
1.4.2 Europe Food Grade Lactic Acid Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Food Grade Lactic Acid Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Food Grade Lactic Acid Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Food Grade Lactic Acid Sales Breakdown by Type (2018-2023)
2 Global Food Grade Lactic Acid Market Competition by Company
2.1 Global Top Players by Food Grade Lactic Acid Sales (2018-2023)
2.2 Global Top Players by Food Grade Lactic Acid Revenue (2018-2023)
2.3 Global Top Players by Food Grade Lactic Acid Price (2018-2023)
2.4 Global Top Manufacturers Food Grade Lactic Acid Manufacturing Base Distribution, Sales Area, Product Type
2.5 Food Grade Lactic Acid Market Competitive Situation and Trends
2.5.1 Food Grade Lactic Acid Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Food Grade Lactic Acid Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Food Grade Lactic Acid as of 2022)
2.7 Date of Key Manufacturers Enter into Food Grade Lactic Acid Market
2.8 Key Manufacturers Food Grade Lactic Acid Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Food Grade Lactic Acid Status and Outlook by Region
3.1 Global Food Grade Lactic Acid Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Food Grade Lactic Acid Historic Market Size by Region
3.2.1 Global Food Grade Lactic Acid Sales in Volume by Region (2018-2023)
3.2.2 Global Food Grade Lactic Acid Sales in Value by Region (2018-2023)
3.2.3 Global Food Grade Lactic Acid Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Food Grade Lactic Acid Forecasted Market Size by Region
3.3.1 Global Food Grade Lactic Acid Sales in Volume by Region (2024-2029)
3.3.2 Global Food Grade Lactic Acid Sales in Value by Region (2024-2029)
3.3.3 Global Food Grade Lactic Acid Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Food Grade Lactic Acid by Application
4.1 Food Grade Lactic Acid Market Segment by Application
4.1.1 Food
4.1.2 Beverage
4.1.3 Home & Personal Care
4.1.4 Others
4.2 Global Food Grade Lactic Acid Market Size by Application
4.2.1 Global Food Grade Lactic Acid Market Size Overview by Application (2018-2029)
4.2.2 Global Food Grade Lactic Acid Historic Market Size Review by Application (2018-2023)
4.2.3 Global Food Grade Lactic Acid Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Food Grade Lactic Acid Sales Breakdown by Application (2018-2023)
4.3.2 Europe Food Grade Lactic Acid Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Food Grade Lactic Acid Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Food Grade Lactic Acid Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Food Grade Lactic Acid Sales Breakdown by Application (2018-2023)
5 North America Food Grade Lactic Acid by Country
5.1 North America Food Grade Lactic Acid Historic Market Size by Country
5.1.1 North America Food Grade Lactic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Food Grade Lactic Acid Sales in Volume by Country (2018-2023)
5.1.3 North America Food Grade Lactic Acid Sales in Value by Country (2018-2023)
5.2 North America Food Grade Lactic Acid Forecasted Market Size by Country
5.2.1 North America Food Grade Lactic Acid Sales in Volume by Country (2024-2029)
5.2.2 North America Food Grade Lactic Acid Sales in Value by Country (2024-2029)
6 Europe Food Grade Lactic Acid by Country
6.1 Europe Food Grade Lactic Acid Historic Market Size by Country
6.1.1 Europe Food Grade Lactic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Food Grade Lactic Acid Sales in Volume by Country (2018-2023)
6.1.3 Europe Food Grade Lactic Acid Sales in Value by Country (2018-2023)
6.2 Europe Food Grade Lactic Acid Forecasted Market Size by Country
6.2.1 Europe Food Grade Lactic Acid Sales in Volume by Country (2024-2029)
6.2.2 Europe Food Grade Lactic Acid Sales in Value by Country (2024-2029)
7 Asia-Pacific Food Grade Lactic Acid by Region
7.1 Asia-Pacific Food Grade Lactic Acid Historic Market Size by Region
7.1.1 Asia-Pacific Food Grade Lactic Acid Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Food Grade Lactic Acid Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Food Grade Lactic Acid Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Food Grade Lactic Acid Forecasted Market Size by Region
7.2.1 Asia-Pacific Food Grade Lactic Acid Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Food Grade Lactic Acid Sales in Value by Region (2024-2029)
8 Latin America Food Grade Lactic Acid by Country
8.1 Latin America Food Grade Lactic Acid Historic Market Size by Country
8.1.1 Latin America Food Grade Lactic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Food Grade Lactic Acid Sales in Volume by Country (2018-2023)
8.1.3 Latin America Food Grade Lactic Acid Sales in Value by Country (2018-2023)
8.2 Latin America Food Grade Lactic Acid Forecasted Market Size by Country
8.2.1 Latin America Food Grade Lactic Acid Sales in Volume by Country (2024-2029)
8.2.2 Latin America Food Grade Lactic Acid Sales in Value by Country (2024-2029)
9 Middle East and Africa Food Grade Lactic Acid by Country
9.1 Middle East and Africa Food Grade Lactic Acid Historic Market Size by Country
9.1.1 Middle East and Africa Food Grade Lactic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Food Grade Lactic Acid Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Food Grade Lactic Acid Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Food Grade Lactic Acid Forecasted Market Size by Country
9.2.1 Middle East and Africa Food Grade Lactic Acid Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Food Grade Lactic Acid Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Corbion
10.1.1 Corbion Company Information
10.1.2 Corbion Introduction and Business Overview
10.1.3 Corbion Food Grade Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Corbion Food Grade Lactic Acid Products Offered
10.1.5 Corbion Recent Development
10.2 Galactic
10.2.1 Galactic Company Information
10.2.2 Galactic Introduction and Business Overview
10.2.3 Galactic Food Grade Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Galactic Food Grade Lactic Acid Products Offered
10.2.5 Galactic Recent Development
10.3 Henan Jindan Lactic Acid Technology
10.3.1 Henan Jindan Lactic Acid Technology Company Information
10.3.2 Henan Jindan Lactic Acid Technology Introduction and Business Overview
10.3.3 Henan Jindan Lactic Acid Technology Food Grade Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Henan Jindan Lactic Acid Technology Food Grade Lactic Acid Products Offered
10.3.5 Henan Jindan Lactic Acid Technology Recent Development
10.4 COFCO Biochemical
10.4.1 COFCO Biochemical Company Information
10.4.2 COFCO Biochemical Introduction and Business Overview
10.4.3 COFCO Biochemical Food Grade Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.4.4 COFCO Biochemical Food Grade Lactic Acid Products Offered
10.4.5 COFCO Biochemical Recent Development
10.5 Musashino Chemical
10.5.1 Musashino Chemical Company Information
10.5.2 Musashino Chemical Introduction and Business Overview
10.5.3 Musashino Chemical Food Grade Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Musashino Chemical Food Grade Lactic Acid Products Offered
10.5.5 Musashino Chemical Recent Development
10.6 Yancheng Haijianuo
10.6.1 Yancheng Haijianuo Company Information
10.6.2 Yancheng Haijianuo Introduction and Business Overview
10.6.3 Yancheng Haijianuo Food Grade Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Yancheng Haijianuo Food Grade Lactic Acid Products Offered
10.6.5 Yancheng Haijianuo Recent Development
10.7 Jungbunzlauer
10.7.1 Jungbunzlauer Company Information
10.7.2 Jungbunzlauer Introduction and Business Overview
10.7.3 Jungbunzlauer Food Grade Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Jungbunzlauer Food Grade Lactic Acid Products Offered
10.7.5 Jungbunzlauer Recent Development
10.8 Zhengzhou Tianrun
10.8.1 Zhengzhou Tianrun Company Information
10.8.2 Zhengzhou Tianrun Introduction and Business Overview
10.8.3 Zhengzhou Tianrun Food Grade Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Zhengzhou Tianrun Food Grade Lactic Acid Products Offered
10.8.5 Zhengzhou Tianrun Recent Development
10.9 Shangdong Fullsail
10.9.1 Shangdong Fullsail Company Information
10.9.2 Shangdong Fullsail Introduction and Business Overview
10.9.3 Shangdong Fullsail Food Grade Lactic Acid Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Shangdong Fullsail Food Grade Lactic Acid Products Offered
10.9.5 Shangdong Fullsail Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Food Grade Lactic Acid Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Food Grade Lactic Acid Industrial Chain Analysis
11.4 Food Grade Lactic Acid Market Dynamics
11.4.1 Food Grade Lactic Acid Industry Trends
11.4.2 Food Grade Lactic Acid Market Drivers
11.4.3 Food Grade Lactic Acid Market Challenges
11.4.4 Food Grade Lactic Acid Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Food Grade Lactic Acid Distributors
12.3 Food Grade Lactic Acid Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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