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Global Biobased Lactic Acid Market Research Report 2025
Synopsis
Global Biobased Lactic Acid market is projected to reach US$ 105 million in 2029, increasing from US$ 63 million in 2022, with the CAGR of 7.7% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Biobased Lactic Acid market research.
Using bio-based raw materials enables the transition away from fossil-based sources and helps us move toward a more sustainable society. Bio-based materials also offer better recyclability than fossil-based options.Bio-based products can make the economy less dependent on non-renewable, fossil raw materials, and prevent non-renewable resources from being depleted. Bio-based materials can also open new opportunities in product development by providing novel product characteristics and by using biomass for new purposes.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Biobased Lactic Acid market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Corbion
Lygos
Nature Works LLC
GeenWise Lactic(ADM)
Galactic
Henan Jindan Lactic Acid Technology Co.,Ltd
Anhui BBCA biochemical
Segment by Type
L-lactic Acid
D-lactic Acid
Segment by Application
Food Preservation
Pharmaceutical
Cosmetics
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Biobased Lactic Acid report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Global Biobased Lactic Acid market is projected to reach US$ 105 million in 2029, increasing from US$ 63 million in 2022, with the CAGR of 7.7% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Biobased Lactic Acid market research.
Using bio-based raw materials enables the transition away from fossil-based sources and helps us move toward a more sustainable society. Bio-based materials also offer better recyclability than fossil-based options.Bio-based products can make the economy less dependent on non-renewable, fossil raw materials, and prevent non-renewable resources from being depleted. Bio-based materials can also open new opportunities in product development by providing novel product characteristics and by using biomass for new purposes.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Biobased Lactic Acid market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Corbion
Lygos
Nature Works LLC
GeenWise Lactic(ADM)
Galactic
Henan Jindan Lactic Acid Technology Co.,Ltd
Anhui BBCA biochemical
Segment by Type
L-lactic Acid
D-lactic Acid
Segment by Application
Food Preservation
Pharmaceutical
Cosmetics
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Biobased Lactic Acid report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 Biobased Lactic Acid Market Overview
1.1 Product Definition
1.2 Biobased Lactic Acid Segment by Type
1.2.1 Global Biobased Lactic Acid Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 L-lactic Acid
1.2.3 D-lactic Acid
1.3 Biobased Lactic Acid Segment by Application
1.3.1 Global Biobased Lactic Acid Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Food Preservation
1.3.3 Pharmaceutical
1.3.4 Cosmetics
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Biobased Lactic Acid Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Biobased Lactic Acid Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Biobased Lactic Acid Production Estimates and Forecasts (2018-2029)
1.4.4 Global Biobased Lactic Acid Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Biobased Lactic Acid Production Market Share by Manufacturers (2018-2023)
2.2 Global Biobased Lactic Acid Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Biobased Lactic Acid, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Biobased Lactic Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Biobased Lactic Acid Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Biobased Lactic Acid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Biobased Lactic Acid, Product Offered and Application
2.8 Global Key Manufacturers of Biobased Lactic Acid, Date of Enter into This Industry
2.9 Biobased Lactic Acid Market Competitive Situation and Trends
2.9.1 Biobased Lactic Acid Market Concentration Rate
2.9.2 Global 5 and 10 Largest Biobased Lactic Acid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Biobased Lactic Acid Production by Region
3.1 Global Biobased Lactic Acid Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Biobased Lactic Acid Production Value by Region (2018-2029)
3.2.1 Global Biobased Lactic Acid Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Biobased Lactic Acid by Region (2024-2029)
3.3 Global Biobased Lactic Acid Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Biobased Lactic Acid Production by Region (2018-2029)
3.4.1 Global Biobased Lactic Acid Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Biobased Lactic Acid by Region (2024-2029)
3.5 Global Biobased Lactic Acid Market Price Analysis by Region (2018-2023)
3.6 Global Biobased Lactic Acid Production and Value, Year-over-Year Growth
3.6.1 North America Biobased Lactic Acid Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Biobased Lactic Acid Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Biobased Lactic Acid Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Biobased Lactic Acid Production Value Estimates and Forecasts (2018-2029)
4 Biobased Lactic Acid Consumption by Region
4.1 Global Biobased Lactic Acid Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Biobased Lactic Acid Consumption by Region (2018-2029)
4.2.1 Global Biobased Lactic Acid Consumption by Region (2018-2023)
4.2.2 Global Biobased Lactic Acid Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Biobased Lactic Acid Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Biobased Lactic Acid Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Biobased Lactic Acid Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Biobased Lactic Acid Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Biobased Lactic Acid Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Biobased Lactic Acid Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Biobased Lactic Acid Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Biobased Lactic Acid Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Biobased Lactic Acid Production by Type (2018-2029)
5.1.1 Global Biobased Lactic Acid Production by Type (2018-2023)
5.1.2 Global Biobased Lactic Acid Production by Type (2024-2029)
5.1.3 Global Biobased Lactic Acid Production Market Share by Type (2018-2029)
5.2 Global Biobased Lactic Acid Production Value by Type (2018-2029)
5.2.1 Global Biobased Lactic Acid Production Value by Type (2018-2023)
5.2.2 Global Biobased Lactic Acid Production Value by Type (2024-2029)
5.2.3 Global Biobased Lactic Acid Production Value Market Share by Type (2018-2029)
5.3 Global Biobased Lactic Acid Price by Type (2018-2029)
6 Segment by Application
6.1 Global Biobased Lactic Acid Production by Application (2018-2029)
6.1.1 Global Biobased Lactic Acid Production by Application (2018-2023)
6.1.2 Global Biobased Lactic Acid Production by Application (2024-2029)
6.1.3 Global Biobased Lactic Acid Production Market Share by Application (2018-2029)
6.2 Global Biobased Lactic Acid Production Value by Application (2018-2029)
6.2.1 Global Biobased Lactic Acid Production Value by Application (2018-2023)
6.2.2 Global Biobased Lactic Acid Production Value by Application (2024-2029)
6.2.3 Global Biobased Lactic Acid Production Value Market Share by Application (2018-2029)
6.3 Global Biobased Lactic Acid Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Corbion
7.1.1 Corbion Biobased Lactic Acid Corporation Information
7.1.2 Corbion Biobased Lactic Acid Product Portfolio
7.1.3 Corbion Biobased Lactic Acid Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Corbion Main Business and Markets Served
7.1.5 Corbion Recent Developments/Updates
7.2 Lygos
7.2.1 Lygos Biobased Lactic Acid Corporation Information
7.2.2 Lygos Biobased Lactic Acid Product Portfolio
7.2.3 Lygos Biobased Lactic Acid Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Lygos Main Business and Markets Served
7.2.5 Lygos Recent Developments/Updates
7.3 Nature Works LLC
7.3.1 Nature Works LLC Biobased Lactic Acid Corporation Information
7.3.2 Nature Works LLC Biobased Lactic Acid Product Portfolio
7.3.3 Nature Works LLC Biobased Lactic Acid Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Nature Works LLC Main Business and Markets Served
7.3.5 Nature Works LLC Recent Developments/Updates
7.4 GeenWise Lactic(ADM)
7.4.1 GeenWise Lactic(ADM) Biobased Lactic Acid Corporation Information
7.4.2 GeenWise Lactic(ADM) Biobased Lactic Acid Product Portfolio
7.4.3 GeenWise Lactic(ADM) Biobased Lactic Acid Production, Value, Price and Gross Margin (2018-2023)
7.4.4 GeenWise Lactic(ADM) Main Business and Markets Served
7.4.5 GeenWise Lactic(ADM) Recent Developments/Updates
7.5 Galactic
7.5.1 Galactic Biobased Lactic Acid Corporation Information
7.5.2 Galactic Biobased Lactic Acid Product Portfolio
7.5.3 Galactic Biobased Lactic Acid Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Galactic Main Business and Markets Served
7.5.5 Galactic Recent Developments/Updates
7.6 Henan Jindan Lactic Acid Technology Co.,Ltd
7.6.1 Henan Jindan Lactic Acid Technology Co.,Ltd Biobased Lactic Acid Corporation Information
7.6.2 Henan Jindan Lactic Acid Technology Co.,Ltd Biobased Lactic Acid Product Portfolio
7.6.3 Henan Jindan Lactic Acid Technology Co.,Ltd Biobased Lactic Acid Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Henan Jindan Lactic Acid Technology Co.,Ltd Main Business and Markets Served
7.6.5 Henan Jindan Lactic Acid Technology Co.,Ltd Recent Developments/Updates
7.7 Anhui BBCA biochemical
7.7.1 Anhui BBCA biochemical Biobased Lactic Acid Corporation Information
7.7.2 Anhui BBCA biochemical Biobased Lactic Acid Product Portfolio
7.7.3 Anhui BBCA biochemical Biobased Lactic Acid Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Anhui BBCA biochemical Main Business and Markets Served
7.7.5 Anhui BBCA biochemical Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Biobased Lactic Acid Industry Chain Analysis
8.2 Biobased Lactic Acid Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Biobased Lactic Acid Production Mode & Process
8.4 Biobased Lactic Acid Sales and Marketing
8.4.1 Biobased Lactic Acid Sales Channels
8.4.2 Biobased Lactic Acid Distributors
8.5 Biobased Lactic Acid Customers
9 Biobased Lactic Acid Market Dynamics
9.1 Biobased Lactic Acid Industry Trends
9.2 Biobased Lactic Acid Market Drivers
9.3 Biobased Lactic Acid Market Challenges
9.4 Biobased Lactic Acid Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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