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Global L(+)-Lactic Acid Market Research Report 2025
Synopsis
Lactic acid 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.
The global L(+)-Lactic Acid market was valued at US$ 652 million in 2023 and is anticipated to reach US$ 750.2 million by 2030, witnessing a CAGR of 2.0% during the forecast period 2024-2030.
Global L(+)-Lactic Acid key players include Corbion, Naturework, Henan Jindan Lactic Acid Technology, COFCO Biochemical (AnHui), etc. Global top four manufacturers hold a share over 75%.
USA is the largest market, with a share about 40%, followed by China, and Europe, both have a share about 45 percent.
In terms of product, Food Grade is the largest segment, with a share over 90%. And in terms of application, the largest application is Industrial Applications, followed by Food and Beverage, Home and personal care, Pharmaceutical, etc.
This report aims to provide a comprehensive presentation of the global market for L(+)-Lactic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding L(+)-Lactic Acid.
Report Scope
The L(+)-Lactic Acid market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global L(+)-Lactic Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the L(+)-Lactic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Corbion
Naturework
Galactic
Henan Jindan Lactic Acid Technology
COFCO Biochemical (AnHui)
Musashino Chemical
ADM
Yancheng Haijianuo
Wuhan Sanjiang Space Good Biotech
Shanxi Biochemical
Jungbunzlauer
Zhengzhou Tianrun
Shangdong Fullsail
Tripura Bio Tech Limited
Segment by Type
Food Grade
Industrial Grade
Pharmaceutical Grade
Segment by Application
Pharmaceutical
Home and Personal Care
Industrial Applications
Food and Beverage
Others
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of L(+)-Lactic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of L(+)-Lactic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of L(+)-Lactic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Lactic acid 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.
The global L(+)-Lactic Acid market was valued at US$ 652 million in 2023 and is anticipated to reach US$ 750.2 million by 2030, witnessing a CAGR of 2.0% during the forecast period 2024-2030.
Global L(+)-Lactic Acid key players include Corbion, Naturework, Henan Jindan Lactic Acid Technology, COFCO Biochemical (AnHui), etc. Global top four manufacturers hold a share over 75%.
USA is the largest market, with a share about 40%, followed by China, and Europe, both have a share about 45 percent.
In terms of product, Food Grade is the largest segment, with a share over 90%. And in terms of application, the largest application is Industrial Applications, followed by Food and Beverage, Home and personal care, Pharmaceutical, etc.
This report aims to provide a comprehensive presentation of the global market for L(+)-Lactic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding L(+)-Lactic Acid.
Report Scope
The L(+)-Lactic Acid market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global L(+)-Lactic Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the L(+)-Lactic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Corbion
Naturework
Galactic
Henan Jindan Lactic Acid Technology
COFCO Biochemical (AnHui)
Musashino Chemical
ADM
Yancheng Haijianuo
Wuhan Sanjiang Space Good Biotech
Shanxi Biochemical
Jungbunzlauer
Zhengzhou Tianrun
Shangdong Fullsail
Tripura Bio Tech Limited
Segment by Type
Food Grade
Industrial Grade
Pharmaceutical Grade
Segment by Application
Pharmaceutical
Home and Personal Care
Industrial Applications
Food and Beverage
Others
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of L(+)-Lactic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of L(+)-Lactic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of L(+)-Lactic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 L(+)-Lactic Acid Market Overview
1.1 Product Definition
1.2 L(+)-Lactic Acid Segment by Type
1.2.1 Global L(+)-Lactic Acid Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Food Grade
1.2.3 Industrial Grade
1.2.4 Pharmaceutical Grade
1.3 L(+)-Lactic Acid Segment by Application
1.3.1 Global L(+)-Lactic Acid Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Pharmaceutical
1.3.3 Home and Personal Care
1.3.4 Industrial Applications
1.3.5 Food and Beverage
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global L(+)-Lactic Acid Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global L(+)-Lactic Acid Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global L(+)-Lactic Acid Production Estimates and Forecasts (2019-2030)
1.4.4 Global L(+)-Lactic Acid Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global L(+)-Lactic Acid Production Market Share by Manufacturers (2019-2024)
2.2 Global L(+)-Lactic Acid Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of L(+)-Lactic Acid, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global L(+)-Lactic Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global L(+)-Lactic Acid Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of L(+)-Lactic Acid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of L(+)-Lactic Acid, Product Offered and Application
2.8 Global Key Manufacturers of L(+)-Lactic Acid, Date of Enter into This Industry
2.9 L(+)-Lactic Acid Market Competitive Situation and Trends
2.9.1 L(+)-Lactic Acid Market Concentration Rate
2.9.2 Global 5 and 10 Largest L(+)-Lactic Acid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 L(+)-Lactic Acid Production by Region
3.1 Global L(+)-Lactic Acid Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global L(+)-Lactic Acid Production Value by Region (2019-2030)
3.2.1 Global L(+)-Lactic Acid Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of L(+)-Lactic Acid by Region (2025-2030)
3.3 Global L(+)-Lactic Acid Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global L(+)-Lactic Acid Production by Region (2019-2030)
3.4.1 Global L(+)-Lactic Acid Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of L(+)-Lactic Acid by Region (2025-2030)
3.5 Global L(+)-Lactic Acid Market Price Analysis by Region (2019-2024)
3.6 Global L(+)-Lactic Acid Production and Value, Year-over-Year Growth
3.6.1 North America L(+)-Lactic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe L(+)-Lactic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.3 China L(+)-Lactic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan L(+)-Lactic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.5 India L(+)-Lactic Acid Production Value Estimates and Forecasts (2019-2030)
4 L(+)-Lactic Acid Consumption by Region
4.1 Global L(+)-Lactic Acid Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global L(+)-Lactic Acid Consumption by Region (2019-2030)
4.2.1 Global L(+)-Lactic Acid Consumption by Region (2019-2024)
4.2.2 Global L(+)-Lactic Acid Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America L(+)-Lactic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America L(+)-Lactic Acid Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe L(+)-Lactic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe L(+)-Lactic Acid Consumption by Country (2019-2030)
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 L(+)-Lactic Acid Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific L(+)-Lactic Acid Consumption by Region (2019-2030)
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 L(+)-Lactic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa L(+)-Lactic Acid Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global L(+)-Lactic Acid Production by Type (2019-2030)
5.1.1 Global L(+)-Lactic Acid Production by Type (2019-2024)
5.1.2 Global L(+)-Lactic Acid Production by Type (2025-2030)
5.1.3 Global L(+)-Lactic Acid Production Market Share by Type (2019-2030)
5.2 Global L(+)-Lactic Acid Production Value by Type (2019-2030)
5.2.1 Global L(+)-Lactic Acid Production Value by Type (2019-2024)
5.2.2 Global L(+)-Lactic Acid Production Value by Type (2025-2030)
5.2.3 Global L(+)-Lactic Acid Production Value Market Share by Type (2019-2030)
5.3 Global L(+)-Lactic Acid Price by Type (2019-2030)
6 Segment by Application
6.1 Global L(+)-Lactic Acid Production by Application (2019-2030)
6.1.1 Global L(+)-Lactic Acid Production by Application (2019-2024)
6.1.2 Global L(+)-Lactic Acid Production by Application (2025-2030)
6.1.3 Global L(+)-Lactic Acid Production Market Share by Application (2019-2030)
6.2 Global L(+)-Lactic Acid Production Value by Application (2019-2030)
6.2.1 Global L(+)-Lactic Acid Production Value by Application (2019-2024)
6.2.2 Global L(+)-Lactic Acid Production Value by Application (2025-2030)
6.2.3 Global L(+)-Lactic Acid Production Value Market Share by Application (2019-2030)
6.3 Global L(+)-Lactic Acid Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Corbion
7.1.1 Corbion L(+)-Lactic Acid Corporation Information
7.1.2 Corbion L(+)-Lactic Acid Product Portfolio
7.1.3 Corbion L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Corbion Main Business and Markets Served
7.1.5 Corbion Recent Developments/Updates
7.2 Naturework
7.2.1 Naturework L(+)-Lactic Acid Corporation Information
7.2.2 Naturework L(+)-Lactic Acid Product Portfolio
7.2.3 Naturework L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Naturework Main Business and Markets Served
7.2.5 Naturework Recent Developments/Updates
7.3 Galactic
7.3.1 Galactic L(+)-Lactic Acid Corporation Information
7.3.2 Galactic L(+)-Lactic Acid Product Portfolio
7.3.3 Galactic L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Galactic Main Business and Markets Served
7.3.5 Galactic Recent Developments/Updates
7.4 Henan Jindan Lactic Acid Technology
7.4.1 Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Corporation Information
7.4.2 Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Product Portfolio
7.4.3 Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Henan Jindan Lactic Acid Technology Main Business and Markets Served
7.4.5 Henan Jindan Lactic Acid Technology Recent Developments/Updates
7.5 COFCO Biochemical (AnHui)
7.5.1 COFCO Biochemical (AnHui) L(+)-Lactic Acid Corporation Information
7.5.2 COFCO Biochemical (AnHui) L(+)-Lactic Acid Product Portfolio
7.5.3 COFCO Biochemical (AnHui) L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.5.4 COFCO Biochemical (AnHui) Main Business and Markets Served
7.5.5 COFCO Biochemical (AnHui) Recent Developments/Updates
7.6 Musashino Chemical
7.6.1 Musashino Chemical L(+)-Lactic Acid Corporation Information
7.6.2 Musashino Chemical L(+)-Lactic Acid Product Portfolio
7.6.3 Musashino Chemical L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Musashino Chemical Main Business and Markets Served
7.6.5 Musashino Chemical Recent Developments/Updates
7.7 ADM
7.7.1 ADM L(+)-Lactic Acid Corporation Information
7.7.2 ADM L(+)-Lactic Acid Product Portfolio
7.7.3 ADM L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.7.4 ADM Main Business and Markets Served
7.7.5 ADM Recent Developments/Updates
7.8 Yancheng Haijianuo
7.8.1 Yancheng Haijianuo L(+)-Lactic Acid Corporation Information
7.8.2 Yancheng Haijianuo L(+)-Lactic Acid Product Portfolio
7.8.3 Yancheng Haijianuo L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Yancheng Haijianuo Main Business and Markets Served
7.7.5 Yancheng Haijianuo Recent Developments/Updates
7.9 Wuhan Sanjiang Space Good Biotech
7.9.1 Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Corporation Information
7.9.2 Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Product Portfolio
7.9.3 Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Wuhan Sanjiang Space Good Biotech Main Business and Markets Served
7.9.5 Wuhan Sanjiang Space Good Biotech Recent Developments/Updates
7.10 Shanxi Biochemical
7.10.1 Shanxi Biochemical L(+)-Lactic Acid Corporation Information
7.10.2 Shanxi Biochemical L(+)-Lactic Acid Product Portfolio
7.10.3 Shanxi Biochemical L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Shanxi Biochemical Main Business and Markets Served
7.10.5 Shanxi Biochemical Recent Developments/Updates
7.11 Jungbunzlauer
7.11.1 Jungbunzlauer L(+)-Lactic Acid Corporation Information
7.11.2 Jungbunzlauer L(+)-Lactic Acid Product Portfolio
7.11.3 Jungbunzlauer L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Jungbunzlauer Main Business and Markets Served
7.11.5 Jungbunzlauer Recent Developments/Updates
7.12 Zhengzhou Tianrun
7.12.1 Zhengzhou Tianrun L(+)-Lactic Acid Corporation Information
7.12.2 Zhengzhou Tianrun L(+)-Lactic Acid Product Portfolio
7.12.3 Zhengzhou Tianrun L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Zhengzhou Tianrun Main Business and Markets Served
7.12.5 Zhengzhou Tianrun Recent Developments/Updates
7.13 Shangdong Fullsail
7.13.1 Shangdong Fullsail L(+)-Lactic Acid Corporation Information
7.13.2 Shangdong Fullsail L(+)-Lactic Acid Product Portfolio
7.13.3 Shangdong Fullsail L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Shangdong Fullsail Main Business and Markets Served
7.13.5 Shangdong Fullsail Recent Developments/Updates
7.14 Tripura Bio Tech Limited
7.14.1 Tripura Bio Tech Limited L(+)-Lactic Acid Corporation Information
7.14.2 Tripura Bio Tech Limited L(+)-Lactic Acid Product Portfolio
7.14.3 Tripura Bio Tech Limited L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Tripura Bio Tech Limited Main Business and Markets Served
7.14.5 Tripura Bio Tech Limited Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 L(+)-Lactic Acid Industry Chain Analysis
8.2 L(+)-Lactic Acid Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 L(+)-Lactic Acid Production Mode & Process
8.4 L(+)-Lactic Acid Sales and Marketing
8.4.1 L(+)-Lactic Acid Sales Channels
8.4.2 L(+)-Lactic Acid Distributors
8.5 L(+)-Lactic Acid Customers
9 L(+)-Lactic Acid Market Dynamics
9.1 L(+)-Lactic Acid Industry Trends
9.2 L(+)-Lactic Acid Market Drivers
9.3 L(+)-Lactic Acid Market Challenges
9.4 L(+)-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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