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Lactic Acid & Derivatives-Global Market Insights and Sales Trends 2025
Synopsis
The global Lactic Acid & Derivatives market size is expected to reach US$ 1896.4 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Lactic Acid & Derivatives in various end use industries. The expanding demands from the Food Industry, Chemical Industry and Pharmaceutical Industry,, are propelling Lactic Acid & Derivatives market. Lactic Acid, 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 Lactic Acid Derivatives segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Lactic Acid & Derivatives market, driven by demand from China, the second largest economy with some signs of stabilising, the Lactic Acid & Derivatives 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 Lactic Acid & Derivatives, 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 Lactic Acid & Derivatives 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 Lactic Acid & Derivatives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Lactic Acid & Derivatives 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 Lactic Acid & Derivatives covered in this report include Corbion Purac, Galactic, ADM, Cargill, Yangtze Labre, Musashino Chemical, Aldon Corporation, Tedia Company Inc and Anhui COFCO Biochemical & GALACTIC, etc.
The global Lactic Acid & Derivatives 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 Purac
Galactic
ADM
Cargill
Yangtze Labre
Musashino Chemical
Aldon Corporation
Tedia Company Inc
Anhui COFCO Biochemical & GALACTIC
Henan Jindan Lactic Acid Technology
Chongqing Bofei Biochemical Products
Global Lactic Acid & Derivatives 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 Lactic Acid & Derivatives market, Segment by Type:
Lactic Acid
Lactic Acid Derivatives
Global Lactic Acid & Derivatives market, by Application
Food Industry
Chemical Industry
Pharmaceutical Industry
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 Lactic Acid & Derivatives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Lactic Acid & Derivatives 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 Lactic Acid & Derivatives market size is expected to reach US$ 1896.4 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Lactic Acid & Derivatives in various end use industries. The expanding demands from the Food Industry, Chemical Industry and Pharmaceutical Industry,, are propelling Lactic Acid & Derivatives market. Lactic Acid, 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 Lactic Acid Derivatives segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Lactic Acid & Derivatives market, driven by demand from China, the second largest economy with some signs of stabilising, the Lactic Acid & Derivatives 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 Lactic Acid & Derivatives, 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 Lactic Acid & Derivatives 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 Lactic Acid & Derivatives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Lactic Acid & Derivatives 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 Lactic Acid & Derivatives covered in this report include Corbion Purac, Galactic, ADM, Cargill, Yangtze Labre, Musashino Chemical, Aldon Corporation, Tedia Company Inc and Anhui COFCO Biochemical & GALACTIC, etc.
The global Lactic Acid & Derivatives 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 Purac
Galactic
ADM
Cargill
Yangtze Labre
Musashino Chemical
Aldon Corporation
Tedia Company Inc
Anhui COFCO Biochemical & GALACTIC
Henan Jindan Lactic Acid Technology
Chongqing Bofei Biochemical Products
Global Lactic Acid & Derivatives 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 Lactic Acid & Derivatives market, Segment by Type:
Lactic Acid
Lactic Acid Derivatives
Global Lactic Acid & Derivatives market, by Application
Food Industry
Chemical Industry
Pharmaceutical Industry
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 Lactic Acid & Derivatives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Lactic Acid & Derivatives 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 Lactic Acid & Derivatives Market Overview
1.1 Lactic Acid & Derivatives Product Overview
1.2 Lactic Acid & Derivatives Market Segment by Type
1.2.1 Lactic Acid
1.2.2 Lactic Acid Derivatives
1.3 Global Lactic Acid & Derivatives Market Size by Type
1.3.1 Global Lactic Acid & Derivatives Market Size Overview by Type (2018-2029)
1.3.2 Global Lactic Acid & Derivatives Historic Market Size Review by Type (2018-2023)
1.3.3 Global Lactic Acid & Derivatives Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Lactic Acid & Derivatives Sales Breakdown by Type (2018-2023)
1.4.2 Europe Lactic Acid & Derivatives Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Lactic Acid & Derivatives Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Lactic Acid & Derivatives Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Lactic Acid & Derivatives Sales Breakdown by Type (2018-2023)
2 Global Lactic Acid & Derivatives Market Competition by Company
2.1 Global Top Players by Lactic Acid & Derivatives Sales (2018-2023)
2.2 Global Top Players by Lactic Acid & Derivatives Revenue (2018-2023)
2.3 Global Top Players by Lactic Acid & Derivatives Price (2018-2023)
2.4 Global Top Manufacturers Lactic Acid & Derivatives Manufacturing Base Distribution, Sales Area, Product Type
2.5 Lactic Acid & Derivatives Market Competitive Situation and Trends
2.5.1 Lactic Acid & Derivatives Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Lactic Acid & Derivatives 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 Lactic Acid & Derivatives as of 2022)
2.7 Date of Key Manufacturers Enter into Lactic Acid & Derivatives Market
2.8 Key Manufacturers Lactic Acid & Derivatives Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Lactic Acid & Derivatives Status and Outlook by Region
3.1 Global Lactic Acid & Derivatives Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Lactic Acid & Derivatives Historic Market Size by Region
3.2.1 Global Lactic Acid & Derivatives Sales in Volume by Region (2018-2023)
3.2.2 Global Lactic Acid & Derivatives Sales in Value by Region (2018-2023)
3.2.3 Global Lactic Acid & Derivatives Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Lactic Acid & Derivatives Forecasted Market Size by Region
3.3.1 Global Lactic Acid & Derivatives Sales in Volume by Region (2024-2029)
3.3.2 Global Lactic Acid & Derivatives Sales in Value by Region (2024-2029)
3.3.3 Global Lactic Acid & Derivatives Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Lactic Acid & Derivatives by Application
4.1 Lactic Acid & Derivatives Market Segment by Application
4.1.1 Food Industry
4.1.2 Chemical Industry
4.1.3 Pharmaceutical Industry
4.2 Global Lactic Acid & Derivatives Market Size by Application
4.2.1 Global Lactic Acid & Derivatives Market Size Overview by Application (2018-2029)
4.2.2 Global Lactic Acid & Derivatives Historic Market Size Review by Application (2018-2023)
4.2.3 Global Lactic Acid & Derivatives Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Lactic Acid & Derivatives Sales Breakdown by Application (2018-2023)
4.3.2 Europe Lactic Acid & Derivatives Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Lactic Acid & Derivatives Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Lactic Acid & Derivatives Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Lactic Acid & Derivatives Sales Breakdown by Application (2018-2023)
5 North America Lactic Acid & Derivatives by Country
5.1 North America Lactic Acid & Derivatives Historic Market Size by Country
5.1.1 North America Lactic Acid & Derivatives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Lactic Acid & Derivatives Sales in Volume by Country (2018-2023)
5.1.3 North America Lactic Acid & Derivatives Sales in Value by Country (2018-2023)
5.2 North America Lactic Acid & Derivatives Forecasted Market Size by Country
5.2.1 North America Lactic Acid & Derivatives Sales in Volume by Country (2024-2029)
5.2.2 North America Lactic Acid & Derivatives Sales in Value by Country (2024-2029)
6 Europe Lactic Acid & Derivatives by Country
6.1 Europe Lactic Acid & Derivatives Historic Market Size by Country
6.1.1 Europe Lactic Acid & Derivatives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Lactic Acid & Derivatives Sales in Volume by Country (2018-2023)
6.1.3 Europe Lactic Acid & Derivatives Sales in Value by Country (2018-2023)
6.2 Europe Lactic Acid & Derivatives Forecasted Market Size by Country
6.2.1 Europe Lactic Acid & Derivatives Sales in Volume by Country (2024-2029)
6.2.2 Europe Lactic Acid & Derivatives Sales in Value by Country (2024-2029)
7 Asia-Pacific Lactic Acid & Derivatives by Region
7.1 Asia-Pacific Lactic Acid & Derivatives Historic Market Size by Region
7.1.1 Asia-Pacific Lactic Acid & Derivatives Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Lactic Acid & Derivatives Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Lactic Acid & Derivatives Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Lactic Acid & Derivatives Forecasted Market Size by Region
7.2.1 Asia-Pacific Lactic Acid & Derivatives Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Lactic Acid & Derivatives Sales in Value by Region (2024-2029)
8 Latin America Lactic Acid & Derivatives by Country
8.1 Latin America Lactic Acid & Derivatives Historic Market Size by Country
8.1.1 Latin America Lactic Acid & Derivatives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Lactic Acid & Derivatives Sales in Volume by Country (2018-2023)
8.1.3 Latin America Lactic Acid & Derivatives Sales in Value by Country (2018-2023)
8.2 Latin America Lactic Acid & Derivatives Forecasted Market Size by Country
8.2.1 Latin America Lactic Acid & Derivatives Sales in Volume by Country (2024-2029)
8.2.2 Latin America Lactic Acid & Derivatives Sales in Value by Country (2024-2029)
9 Middle East and Africa Lactic Acid & Derivatives by Country
9.1 Middle East and Africa Lactic Acid & Derivatives Historic Market Size by Country
9.1.1 Middle East and Africa Lactic Acid & Derivatives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Lactic Acid & Derivatives Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Lactic Acid & Derivatives Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Lactic Acid & Derivatives Forecasted Market Size by Country
9.2.1 Middle East and Africa Lactic Acid & Derivatives Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Lactic Acid & Derivatives Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Corbion Purac
10.1.1 Corbion Purac Company Information
10.1.2 Corbion Purac Introduction and Business Overview
10.1.3 Corbion Purac Lactic Acid & Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Corbion Purac Lactic Acid & Derivatives Products Offered
10.1.5 Corbion Purac Recent Development
10.2 Galactic
10.2.1 Galactic Company Information
10.2.2 Galactic Introduction and Business Overview
10.2.3 Galactic Lactic Acid & Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Galactic Lactic Acid & Derivatives Products Offered
10.2.5 Galactic Recent Development
10.3 ADM
10.3.1 ADM Company Information
10.3.2 ADM Introduction and Business Overview
10.3.3 ADM Lactic Acid & Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ADM Lactic Acid & Derivatives Products Offered
10.3.5 ADM Recent Development
10.4 Cargill
10.4.1 Cargill Company Information
10.4.2 Cargill Introduction and Business Overview
10.4.3 Cargill Lactic Acid & Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Cargill Lactic Acid & Derivatives Products Offered
10.4.5 Cargill Recent Development
10.5 Yangtze Labre
10.5.1 Yangtze Labre Company Information
10.5.2 Yangtze Labre Introduction and Business Overview
10.5.3 Yangtze Labre Lactic Acid & Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Yangtze Labre Lactic Acid & Derivatives Products Offered
10.5.5 Yangtze Labre Recent Development
10.6 Musashino Chemical
10.6.1 Musashino Chemical Company Information
10.6.2 Musashino Chemical Introduction and Business Overview
10.6.3 Musashino Chemical Lactic Acid & Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Musashino Chemical Lactic Acid & Derivatives Products Offered
10.6.5 Musashino Chemical Recent Development
10.7 Aldon Corporation
10.7.1 Aldon Corporation Company Information
10.7.2 Aldon Corporation Introduction and Business Overview
10.7.3 Aldon Corporation Lactic Acid & Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Aldon Corporation Lactic Acid & Derivatives Products Offered
10.7.5 Aldon Corporation Recent Development
10.8 Tedia Company Inc
10.8.1 Tedia Company Inc Company Information
10.8.2 Tedia Company Inc Introduction and Business Overview
10.8.3 Tedia Company Inc Lactic Acid & Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Tedia Company Inc Lactic Acid & Derivatives Products Offered
10.8.5 Tedia Company Inc Recent Development
10.9 Anhui COFCO Biochemical & GALACTIC
10.9.1 Anhui COFCO Biochemical & GALACTIC Company Information
10.9.2 Anhui COFCO Biochemical & GALACTIC Introduction and Business Overview
10.9.3 Anhui COFCO Biochemical & GALACTIC Lactic Acid & Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Anhui COFCO Biochemical & GALACTIC Lactic Acid & Derivatives Products Offered
10.9.5 Anhui COFCO Biochemical & GALACTIC Recent Development
10.10 Henan Jindan Lactic Acid Technology
10.10.1 Henan Jindan Lactic Acid Technology Company Information
10.10.2 Henan Jindan Lactic Acid Technology Introduction and Business Overview
10.10.3 Henan Jindan Lactic Acid Technology Lactic Acid & Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Henan Jindan Lactic Acid Technology Lactic Acid & Derivatives Products Offered
10.10.5 Henan Jindan Lactic Acid Technology Recent Development
10.11 Chongqing Bofei Biochemical Products
10.11.1 Chongqing Bofei Biochemical Products Company Information
10.11.2 Chongqing Bofei Biochemical Products Introduction and Business Overview
10.11.3 Chongqing Bofei Biochemical Products Lactic Acid & Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Chongqing Bofei Biochemical Products Lactic Acid & Derivatives Products Offered
10.11.5 Chongqing Bofei Biochemical Products Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Lactic Acid & Derivatives 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 Lactic Acid & Derivatives Industrial Chain Analysis
11.4 Lactic Acid & Derivatives Market Dynamics
11.4.1 Lactic Acid & Derivatives Industry Trends
11.4.2 Lactic Acid & Derivatives Market Drivers
11.4.3 Lactic Acid & Derivatives Market Challenges
11.4.4 Lactic Acid & Derivatives Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Lactic Acid & Derivatives Distributors
12.3 Lactic Acid & Derivatives 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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