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Global Lactic Acids Market Outlook 2022

Global Lactic Acids Market Outlook 2022

Publishing Date : Jan, 2022

License Type :
 

Report Code : 1634512

No of Pages : 104

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.
Global Lactic Acids key players include Corbion-Purac, Cargill, etc.Global top two manufacturers hold a share over 45%.
US is the largest market, with a share about 30%, followed by Europe, and China, both have a share about 50 percent.
In terms of product, L-lactic acid is the largest segment, with a share nearly 65%. And in terms of application, the largest application is Industrial Use, followed by Food and Beverage, Pharmaceutical and Personal Care.

The global Lactic Acids market was valued at US$ 948 million in 2020 and is expected to reach US$ 1143.5 million by the end of 2027, growing at a CAGR of 2.5% during 2021-2027.
This report focuses on Lactic Acids volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Lactic Acids market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Lactic Acids Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
L-lactic Acid
D-lactic Acid
DL-lactic Acid

Segment by Application
Industrial Use
Food and Beverage
Pharmaceutical and Personal Care

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Corbion-Purac
Cargill
Galactic
Musashino
ADM
Henan Jindan Lactic Acid Technology
B&G
Index
1 Lactic Acids Market Overview
1.1 Product Overview and Scope of Lactic Acids
1.2 Lactic Acids Segment by Type
1.2.1 Global Lactic Acids Sales Growth Rate Comparison by Type (2021-2027)
1.2.2 L-lactic Acid
1.2.3 D-lactic Acid
1.2.4 DL-lactic Acid
1.3 Lactic Acids Segment by Application
1.3.1 Global Lactic Acids Sales Comparison by Application: (2021-2027)
1.3.2 Industrial Use
1.3.3 Food and Beverage
1.3.4 Pharmaceutical and Personal Care
1.4 Global Lactic Acids Market Size Estimates and Forecasts
1.4.1 Global Lactic Acids Revenue 2016-2027
1.4.2 Global Lactic Acids Sales 2016-2027
1.4.3 Lactic Acids Market Size by Region: 2016 Versus 2021 Versus 2027

2 Lactic Acids Market Competition by Manufacturers
2.1 Global Lactic Acids Sales Market Share by Manufacturers (2016-2021)
2.2 Global Lactic Acids Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Lactic Acids Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Lactic Acids Manufacturing Sites, Area Served, Product Type
2.5 Lactic Acids Market Competitive Situation and Trends
2.5.1 Lactic Acids Market Concentration Rate
2.5.2 The Global Top 5 and Top 10 Largest Lactic Acids Players Market Share by Revenue
2.5.3 Global Lactic Acids Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.6 Manufacturers Mergers & Acquisitions, Expansion Plans

3 Lactic Acids Retrospective Market Scenario by Region
3.1 Global Lactic Acids Retrospective Market Scenario in Sales by Region: 2016-2021
3.2 Global Lactic Acids Retrospective Market Scenario in Revenue by Region: 2016-2021
3.3 North America Lactic Acids Market Facts & Figures by Country
3.3.1 North America Lactic Acids Sales by Country
3.3.2 North America Lactic Acids Revenue by Country
3.3.3 U.S.
3.3.4 Canada
3.4 Europe Lactic Acids Market Facts & Figures by Country
3.4.1 Europe Lactic Acids Sales by Country
3.4.2 Europe Lactic Acids Revenue by Country
3.4.3 Germany
3.4.4 France
3.4.5 U.K.
3.4.6 Italy
3.4.7 Russia
3.5 Asia Pacific Lactic Acids Market Facts & Figures by Region
3.5.1 Asia Pacific Lactic Acids Sales by Region
3.5.2 Asia Pacific Lactic Acids Revenue by Region
3.5.3 China
3.5.4 Japan
3.5.5 South Korea
3.5.6 India
3.5.7 Australia
3.5.8 Taiwan
3.5.9 Indonesia
3.5.10 Thailand
3.5.11 Malaysia
3.5.12 Philippines
3.5.13 Vietnam
3.6 Latin America Lactic Acids Market Facts & Figures by Country
3.6.1 Latin America Lactic Acids Sales by Country
3.6.2 Latin America Lactic Acids Revenue by Country
3.6.3 Mexico
3.6.4 Brazil
3.6.5 Argentina
3.7 Middle East and Africa Lactic Acids Market Facts & Figures by Country
3.7.1 Middle East and Africa Lactic Acids Sales by Country
3.7.2 Middle East and Africa Lactic Acids Revenue by Country
3.7.3 Turkey
3.7.4 Saudi Arabia
3.7.5 U.A.E
4 Global Lactic Acids Historic Market Analysis by Type
4.1 Global Lactic Acids Sales Market Share by Type (2016-2021)
4.2 Global Lactic Acids Revenue Market Share by Type (2016-2021)
4.3 Global Lactic Acids Price by Type (2016-2021)

5 Global Lactic Acids Historic Market Analysis by Application
5.1 Global Lactic Acids Sales Market Share by Application (2016-2021)
5.2 Global Lactic Acids Revenue Market Share by Application (2016-2021)
5.3 Global Lactic Acids Price by Application (2016-2021)

6 Key Companies Profiled
6.1 Corbion-Purac
6.1.1 Corbion-Purac Corporation Information
6.1.2 Corbion-Purac Description and Business Overview
6.1.3 Corbion-Purac Lactic Acids Sales, Revenue and Gross Margin (2016-2021)
6.1.4 Corbion-Purac Lactic Acids Product Portfolio
6.1.5 Corbion-Purac Recent Developments/Updates
6.2 Cargill
6.2.1 Cargill Corporation Information
6.2.2 Cargill Description and Business Overview
6.2.3 Cargill Lactic Acids Sales, Revenue and Gross Margin (2016-2021)
6.2.4 Cargill Lactic Acids Product Portfolio
6.2.5 Cargill Recent Developments/Updates
6.3 Galactic
6.3.1 Galactic Corporation Information
6.3.2 Galactic Description and Business Overview
6.3.3 Galactic Lactic Acids Sales, Revenue and Gross Margin (2016-2021)
6.3.4 Galactic Lactic Acids Product Portfolio
6.3.5 Galactic Recent Developments/Updates
6.4 Musashino
6.4.1 Musashino Corporation Information
6.4.2 Musashino Description and Business Overview
6.4.3 Musashino Lactic Acids Sales, Revenue and Gross Margin (2016-2021)
6.4.4 Musashino Lactic Acids Product Portfolio
6.4.5 Musashino Recent Developments/Updates
6.5 ADM
6.5.1 ADM Corporation Information
6.5.2 ADM Description and Business Overview
6.5.3 ADM Lactic Acids Sales, Revenue and Gross Margin (2016-2021)
6.5.4 ADM Lactic Acids Product Portfolio
6.5.5 ADM Recent Developments/Updates
6.6 Henan Jindan Lactic Acid Technology
6.6.1 Henan Jindan Lactic Acid Technology Corporation Information
6.6.2 Henan Jindan Lactic Acid Technology Description and Business Overview
6.6.3 Henan Jindan Lactic Acid Technology Lactic Acids Sales, Revenue and Gross Margin (2016-2021)
6.6.4 Henan Jindan Lactic Acid Technology Lactic Acids Product Portfolio
6.6.5 Henan Jindan Lactic Acid Technology Recent Developments/Updates
6.7 B&G
6.6.1 B&G Corporation Information
6.6.2 B&G Description and Business Overview
6.6.3 B&G Lactic Acids Sales, Revenue and Gross Margin (2016-2021)
6.4.4 B&G Lactic Acids Product Portfolio
6.7.5 B&G Recent Developments/Updates

7 Lactic Acids Manufacturing Cost Analysis
7.1 Lactic Acids Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Key Suppliers of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.3 Manufacturing Process Analysis of Lactic Acids
7.4 Lactic Acids Industrial Chain Analysis

8 Marketing Channel, Distributors and Customers
8.1 Marketing Channel
8.2 Lactic Acids Distributors List
8.3 Lactic Acids Customers

9 Lactic Acids Market Dynamics
9.1 Lactic Acids Industry Trends
9.2 Lactic Acids Growth Drivers
9.3 Lactic Acids Market Challenges
9.4 Lactic Acids Market Restraints

10 Global Market Forecast
10.1 Lactic Acids Market Estimates and Projections by Type
10.1.1 Global Forecasted Sales of Lactic Acids by Type (2022-2027)
10.1.2 Global Forecasted Revenue of Lactic Acids by Type (2022-2027)
10.2 Lactic Acids Market Estimates and Projections by Application
10.2.1 Global Forecasted Sales of Lactic Acids by Application (2022-2027)
10.2.2 Global Forecasted Revenue of Lactic Acids by Application (2022-2027)
10.3 Lactic Acids Market Estimates and Projections by Region
10.3.1 Global Forecasted Sales of Lactic Acids by Region (2022-2027)
10.3.2 Global Forecasted Revenue of Lactic Acids by Region (2022-2027)

11 Research Finding and Conclusion

12 Methodology and Data Source
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Author List
12.4 Disclaimer
List of Tables
List of Tables
Table 1. Global Lactic Acids Sales (K MT) Growth Rate Comparison by Type (2021-2027)
Table 2. Global Lactic Acids Sales (K MT) Comparison by Application (2021-2027)
Table 3. Global Lactic Acids Market Size by Region (US$ Million) (2016 VS 2021 VS 2027)
Table 4. Key Manufacturers Lactic Acids Covered in This Study
Table 5. Global Lactic Acids Sales (K MT) of Key Manufacturers (2016-2021)
Table 6. Global Lactic Acids Sales Market Share by Manufacturers (2016-2021)
Table 7. Global Lactic Acids Revenue (US$ Million) by Manufacturers (2016-2021)
Table 8. Global Lactic Acids Revenue Share by Manufacturers (2016-2021)
Table 9. Global Market Lactic Acids Average Price (USD/MT) of Key Manufacturers (2016-2021)
Table 10. Manufacturers Lactic Acids Manufacturing Sites and Area Served
Table 11. Manufacturers Lactic Acids Product Type
Table 12. Global Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 13. Global Lactic Acids by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Lactic Acids as of 2020)
Table 14. Manufacturers Mergers & Acquisitions, Expansion Plans
Table 15. Global Lactic Acids Sales by Region (2016-2021) & (K MT)
Table 16. Global Lactic Acids Sales Market Share by Region (2016-2021)
Table 17. Global Lactic Acids Revenue by Region (2016-2021) & (US$ Million)
Table 18. North America Lactic Acids Sales by Country (2016-2021) & (K MT)
Table 19. North America Lactic Acids Sales Market Share by Country (2016-2021)
Table 20. North America Lactic Acids Revenue by Country (2016-2021) & (US$ Million)
Table 21. North America Lactic Acids Revenue Market Share by Country (2016-2021)
Table 22. Europe Lactic Acids Sales by Country (2016-2021) & (K MT)
Table 23. Europe Lactic Acids Sales Market Share by Country (2016-2021)
Table 24. Europe Lactic Acids Revenue by Country (2016-2021) & (US$ Million)
Table 25. Europe Lactic Acids Revenue Market Share by Country (2016-2021)
Table 26. Asia Pacific Lactic Acids Sales by Region (2016-2021) & (K MT)
Table 27. Asia Pacific Lactic Acids Sales Market Share by Region (2016-2021)
Table 28. Asia Pacific Lactic Acids Revenue by Region (2016-2021) & (US$ Million)
Table 29. Asia Pacific Lactic Acids Revenue Market Share by Region (2016-2021)
Table 30. Latin America Lactic Acids Sales by Country (2016-2021) & (K MT)
Table 31. Latin America Lactic Acids Sales Market Share by Country (2016-2021)
Table 32. Latin America Lactic Acids Revenue by Country (2016-2021) & (US$ Million)
Table 33. Latin America Lactic Acids Revenue Market Share by Country (2016-2021)
Table 34. Middle East and Africa Lactic Acids Sales by Country (2016-2021) & (K MT)
Table 35. Middle East and Africa Lactic Acids Sales Market Share by Country (2016-2021)
Table 36. Middle East and Africa Lactic Acids Revenue by Country (2016-2021) & (US$ Million)
Table 37. Middle East and Africa Lactic Acids Revenue Market Share by Country (2016-2021)
Table 38. Global Lactic Acids Sales (K MT) by Type (2016-2021)
Table 39. Global Lactic Acids Sales Market Share by Type (2016-2021)
Table 40. Global Lactic Acids Revenue (Million US$) by Type (2016-2021)
Table 41. Global Lactic Acids Revenue Share by Type (2016-2021)
Table 42. Global Lactic Acids Price (USD/MT) by Type (2016-2021)
Table 43. Global Lactic Acids Sales (K MT) by Application (2016-2021)
Table 44. Global Lactic Acids Sales Market Share by Application (2016-2021)
Table 45. Global Lactic Acids Revenue (Million US$) by Application (2016-2021)
Table 46. Global Lactic Acids Revenue Share by Application (2016-2021)
Table 47. Global Lactic Acids Price (USD/MT) by Application (2016-2021)
Table 48. Corbion-Purac Corporation Information
Table 49. Corbion-Purac Description and Business Overview
Table 50. Corbion-Purac Lactic Acids Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 51. Corbion-Purac Lactic Acids Product
Table 52. Corbion-Purac Recent Developments/Updates
Table 53. Cargill Corporation Information
Table 54. Cargill Description and Business Overview
Table 55. Cargill Lactic Acids Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 56. Cargill Lactic Acids Product
Table 57. Cargill Recent Developments/Updates
Table 58. Galactic Corporation Information
Table 59. Galactic Description and Business Overview
Table 60. Galactic Lactic Acids Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 61. Galactic Lactic Acids Product
Table 62. Galactic Recent Developments/Updates
Table 63. Musashino Corporation Information
Table 64. Musashino Description and Business Overview
Table 65. Musashino Lactic Acids Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 66. Musashino Lactic Acids Product
Table 67. Musashino Recent Developments/Updates
Table 68. ADM Corporation Information
Table 69. ADM Description and Business Overview
Table 70. ADM Lactic Acids Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 71. ADM Lactic Acids Product
Table 72. ADM Recent Developments/Updates
Table 73. Henan Jindan Lactic Acid Technology Corporation Information
Table 74. Henan Jindan Lactic Acid Technology Description and Business Overview
Table 75. Henan Jindan Lactic Acid Technology Lactic Acids Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 76. Henan Jindan Lactic Acid Technology Lactic Acids Product
Table 77. Henan Jindan Lactic Acid Technology Recent Developments/Updates
Table 78. B&G Corporation Information
Table 79. B&G Description and Business Overview
Table 80. B&G Lactic Acids Sales (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)
Table 81. B&G Lactic Acids Product
Table 82. B&G Recent Developments/Updates
Table 83. Production Base and Market Concentration Rate of Raw Material
Table 84. Key Suppliers of Raw Materials
Table 85. Lactic Acids Distributors List
Table 86. Lactic Acids Customers List
Table 87. Lactic Acids Market Trends
Table 88. Lactic Acids Growth Drivers
Table 89. Lactic Acids Market Challenges
Table 90. Lactic Acids Market Restraints
Table 91. Global Lactic Acids Sales Forecast by Type (2022-2027) & (K MT)
Table 92. Global Lactic Acids Sales Market Share Forecast by Type (2022-2027)
Table 93. Global Lactic Acids Revenue Forecast by Type (2022-2027) & (US$ Million)
Table 94. Global Lactic Acids Revenue Market Share Forecast by Type (2022-2027)
Table 95. Global Lactic Acids Sales Forecast by Application (2022-2027) & (K MT)
Table 96. Global Lactic Acids Sales Market Share Forecast by Application (2022-2027)
Table 97. Global Lactic Acids Revenue Forecast by Application (2022-2027) & (US$ Million)
Table 98. Global Lactic Acids Revenue Market Share Forecast by Application (2022-2027)
Table 99. Global Lactic Acids Sales Forecast by Region (2022-2027) & (K MT)
Table 100. Global Lactic Acids Sales Market Share Forecast by Region (2022-2027)
Table 101. Global Lactic Acids Revenue Forecast by Region (2022-2027) & (US$ Million)
Table 102. Global Lactic Acids Revenue Market Share Forecast by Region (2022-2027)
Table 103. Research Programs/Design for This Report
Table 104. Key Data Information from Secondary Sources
Table 105. Key Data Information from Primary Sources
List of Figures
Figure 1. Product Picture of Lactic Acids
Figure 2. Global Lactic Acids Market Share by Type in 2020 & 2027
Figure 3. L-lactic Acid Product Picture
Figure 4. D-lactic Acid Product Picture
Figure 5. DL-lactic Acid Product Picture
Figure 6. Global Lactic Acids Market Share by Application in 2020 & 2027
Figure 7. Industrial Use
Figure 8. Food and Beverage
Figure 9. Pharmaceutical and Personal Care
Figure 10. Global Lactic Acids Revenue, (US$ Million), 2016 VS 2021 VS 2027
Figure 11. Global Lactic Acids Market Size 2016-2027 (US$ Million)
Figure 12. Global Lactic Acids Sales 2016-2027 (K MT)
Figure 13. Global Lactic Acids Market Size Market Share by Region: 2016 VS 20210 VS 2027
Figure 14. Lactic Acids Sales Share by Manufacturers in 2020
Figure 15. Global Lactic Acids Revenue Share by Manufacturers in 2020
Figure 16. The Global 5 and 10 Largest Lactic Acids Players: Market Share by Revenue in 2020
Figure 17. Lactic Acids Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2016 VS 2021
Figure 18. Global Lactic Acids Sales Market Share by Region (2016-2021)
Figure 19. Global Lactic Acids Sales Market Share by Region in 2020
Figure 20. Global Lactic Acids Revenue Market Share by Region (2016-2021)
Figure 21. Global Lactic Acids Revenue Market Share by Region in 2020
Figure 22. U.S. Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 23. Canada Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 24. Germany Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 25. France Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 26. U.K. Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 27. Italy Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 28. Russia Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 29. China Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 30. Japan Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 31. South Korea Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 32. India Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 33. Australia Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 34. Taiwan Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 35. Indonesia Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 36. Thailand Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 37. Malaysia Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 38. Philippines Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 39. Vietnam Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 40. Mexico Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 41. Brazil Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 42. Argentina Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 43. Turkey Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 44. Saudi Arabia Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 45. U.A.E Lactic Acids Revenue Growth Rate (2016-2021) (US$ Million)
Figure 46. Sales Market Share of Lactic Acids by Type (2016-2021)
Figure 47. Sales Market Share of Lactic Acids by Application (2016-2021)
Figure 48. Sales Market Share of Lactic Acids by Application in 2020
Figure 49. Revenue Share of Lactic Acids by Application (2016-2021)
Figure 50. Revenue Share of Lactic Acids by Application in 2020
Figure 51. Manufacturing Cost Structure of Lactic Acids
Figure 52. Manufacturing Process Analysis of Lactic Acids
Figure 53. Lactic Acids Industrial Chain Analysis
Figure 54. Channels of Distribution
Figure 55. Distributors Profiles
Figure 56. Bottom-up and Top-down Approaches for This Report
Figure 57. Data Triangulation
Figure 58. Key Executives Interviewed

Published By : QY Research

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