Summary

This report aims to provide a comprehensive presentation of the global market for Lactic Acids, 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 Lactic Acids.
The Lactic Acids market size, estimations, and forecasts are provided in terms of sales volume (K 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 Lactic Acids market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 Lactic Acids manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.
Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
Corbion
NatureWorks
Henan Jindan Lactic Acid Technology
Galactic
BBCA Group
Jungbunzlauer
Shandong Parkson Biotechnology
Musashino Chemical
Henan Xinghan Biotechnology
Wuhan Sanjiang Space Good Biotech
Shandong Shouguang Juneng Golden
Shanxi Leda Biochemical
Shangdong Fullsail
Cargill
ADM
B&G
Product Type Insights
Global markets are presented by Lactic Acids type, along with growth forecasts through 2030. Estimates on sales and revenue are based on the price in the supply chain at which the Lactic Acids are procured by the manufacturers.
This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows sales and revenue data by type, and during the historical period (2019-2024) and forecast period (2025-2030).
Lactic Acids segment by Type
L-lactic Acid
D-lactic Acid
DL-lactic Acid
Application Insights
This report has provided the market size (sales and revenue data) by application, during the historical period (2019-2024) and forecast period (2025-2030).
This report also outlines the market trends of each segment and consumer behaviors impacting the Lactic Acids market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Lactic Acids market.
Lactic Acids segment by Application
Food & Beverage
Polylactic Acid
Industrial
Pharmaceutical
Personal Care
Others
Regional Outlook
This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2019-2030.
The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America, Middle East & Africa. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2023 because of the base year, with estimates for 2024 and forecast revenue for 2030.
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
COVID-19 and Russia-Ukraine War Influence Analysis
The readers in the section will understand how the Lactic Acids market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
Reasons to Buy This Report
This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Lactic Acids market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
This report will help stakeholders to understand the global industry status and trends of Lactic Acids and provides them with information on key market drivers, restraints, challenges, and opportunities.
This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
This report stays updated with novel technology integration, features, and the latest developments in the market
This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Lactic Acids industry.
This report helps stakeholders to gain insights into which regions to target globally
This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Lactic Acids.
This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Core Chapters
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 3: Detailed analysis of Lactic Acids manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: Production/output, value of Lactic Acids by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Lactic Acids 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 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.

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Table of Contents

1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Global Market Growth Prospects
2.2.1 Global Lactic Acids Market Size (2019-2030) & (US$ Million)
2.2.2 Global Lactic Acids Sales (2019-2030)
2.2.3 Global Lactic Acids Market Average Price (2019-2030)
2.3 Lactic Acids by Type
2.3.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
1.2.2 L-lactic Acid
1.2.3 D-lactic Acid
1.2.4 DL-lactic Acid
2.4 Lactic Acids by Application
2.4.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.4.2 Food & Beverage
2.4.3 Polylactic Acid
2.4.4 Industrial
2.4.5 Pharmaceutical
2.4.6 Personal Care
2.4.7 Others
3 Market Competitive Landscape by Manufacturers
3.1 Global Lactic Acids Market Competitive Situation by Manufacturers (2019 Versus 2023)
3.2 Global Lactic Acids Sales (K MT) of Manufacturers (2019-2024)
3.3 Global Lactic Acids Revenue of Manufacturers (2019-2024)
3.4 Global Lactic Acids Average Price by Manufacturers (2019-2024)
3.5 Global Lactic Acids Industry Ranking, 2022 VS 2023 VS 2024
3.6 Global Manufacturers of Lactic Acids, Manufacturing Sites & Headquarters
3.7 Global Manufacturers of Lactic Acids, Product Type & Application
3.8 Global Manufacturers of Lactic Acids, Date of Enter into This Industry
3.9 Global Lactic Acids Market CR5 and HHI
3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Corbion
4.1.1 Corbion Company Information
4.1.2 Corbion Business Overview
4.1.3 Corbion Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.1.4 Corbion Lactic Acids Product Portfolio
4.1.5 Corbion Recent Developments
4.2 NatureWorks
4.2.1 NatureWorks Company Information
4.2.2 NatureWorks Business Overview
4.2.3 NatureWorks Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.2.4 NatureWorks Lactic Acids Product Portfolio
4.2.5 NatureWorks Recent Developments
4.3 Henan Jindan Lactic Acid Technology
4.3.1 Henan Jindan Lactic Acid Technology Company Information
4.3.2 Henan Jindan Lactic Acid Technology Business Overview
4.3.3 Henan Jindan Lactic Acid Technology Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.3.4 Henan Jindan Lactic Acid Technology Lactic Acids Product Portfolio
4.3.5 Henan Jindan Lactic Acid Technology Recent Developments
4.4 Galactic
4.4.1 Galactic Company Information
4.4.2 Galactic Business Overview
4.4.3 Galactic Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.4.4 Galactic Lactic Acids Product Portfolio
4.4.5 Galactic Recent Developments
4.5 BBCA Group
4.5.1 BBCA Group Company Information
4.5.2 BBCA Group Business Overview
4.5.3 BBCA Group Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.5.4 BBCA Group Lactic Acids Product Portfolio
4.5.5 BBCA Group Recent Developments
4.6 Jungbunzlauer
4.6.1 Jungbunzlauer Company Information
4.6.2 Jungbunzlauer Business Overview
4.6.3 Jungbunzlauer Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.6.4 Jungbunzlauer Lactic Acids Product Portfolio
4.6.5 Jungbunzlauer Recent Developments
4.7 Shandong Parkson Biotechnology
4.7.1 Shandong Parkson Biotechnology Company Information
4.7.2 Shandong Parkson Biotechnology Business Overview
4.7.3 Shandong Parkson Biotechnology Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.7.4 Shandong Parkson Biotechnology Lactic Acids Product Portfolio
4.7.5 Shandong Parkson Biotechnology Recent Developments
4.8 Musashino Chemical
4.8.1 Musashino Chemical Company Information
4.8.2 Musashino Chemical Business Overview
4.8.3 Musashino Chemical Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.8.4 Musashino Chemical Lactic Acids Product Portfolio
4.8.5 Musashino Chemical Recent Developments
4.9 Henan Xinghan Biotechnology
4.9.1 Henan Xinghan Biotechnology Company Information
4.9.2 Henan Xinghan Biotechnology Business Overview
4.9.3 Henan Xinghan Biotechnology Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.9.4 Henan Xinghan Biotechnology Lactic Acids Product Portfolio
4.9.5 Henan Xinghan Biotechnology Recent Developments
4.10 Wuhan Sanjiang Space Good Biotech
4.10.1 Wuhan Sanjiang Space Good Biotech Company Information
4.10.2 Wuhan Sanjiang Space Good Biotech Business Overview
4.10.3 Wuhan Sanjiang Space Good Biotech Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.10.4 Wuhan Sanjiang Space Good Biotech Lactic Acids Product Portfolio
4.10.5 Wuhan Sanjiang Space Good Biotech Recent Developments
6.11 Shandong Shouguang Juneng Golden
6.11.1 Shandong Shouguang Juneng Golden Company Information
6.11.2 Shandong Shouguang Juneng Golden Lactic Acids Business Overview
6.11.3 Shandong Shouguang Juneng Golden Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Shandong Shouguang Juneng Golden Lactic Acids Product Portfolio
6.11.5 Shandong Shouguang Juneng Golden Recent Developments
6.12 Shanxi Leda Biochemical
6.12.1 Shanxi Leda Biochemical Company Information
6.12.2 Shanxi Leda Biochemical Lactic Acids Business Overview
6.12.3 Shanxi Leda Biochemical Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Shanxi Leda Biochemical Lactic Acids Product Portfolio
6.12.5 Shanxi Leda Biochemical Recent Developments
6.13 Shangdong Fullsail
6.13.1 Shangdong Fullsail Company Information
6.13.2 Shangdong Fullsail Lactic Acids Business Overview
6.13.3 Shangdong Fullsail Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Shangdong Fullsail Lactic Acids Product Portfolio
6.13.5 Shangdong Fullsail Recent Developments
6.14 Cargill
6.14.1 Cargill Company Information
6.14.2 Cargill Lactic Acids Business Overview
6.14.3 Cargill Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Cargill Lactic Acids Product Portfolio
6.14.5 Cargill Recent Developments
6.15 ADM
6.15.1 ADM Company Information
6.15.2 ADM Lactic Acids Business Overview
6.15.3 ADM Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
6.15.4 ADM Lactic Acids Product Portfolio
6.15.5 ADM Recent Developments
6.16 B&G
6.16.1 B&G Company Information
6.16.2 B&G Lactic Acids Business Overview
6.16.3 B&G Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
6.16.4 B&G Lactic Acids Product Portfolio
6.16.5 B&G Recent Developments
5 Global Lactic Acids Market Scenario by Region
5.1 Global Lactic Acids Market Size by Region: 2019 VS 2023 VS 2030
5.2 Global Lactic Acids Sales by Region: 2019-2030
5.2.1 Global Lactic Acids Sales by Region: 2019-2024
5.2.2 Global Lactic Acids Sales by Region: 2025-2030
5.3 Global Lactic Acids Revenue by Region: 2019-2030
5.3.1 Global Lactic Acids Revenue by Region: 2019-2024
5.3.2 Global Lactic Acids Revenue by Region: 2025-2030
5.4 North America Lactic Acids Market Facts & Figures by Country
5.4.1 North America Lactic Acids Market Size by Country: 2019 VS 2023 VS 2030
5.4.2 North America Lactic Acids Sales by Country (2019-2030)
5.4.3 North America Lactic Acids Revenue by Country (2019-2030)
5.4.4 U.S.
5.4.5 Canada
5.5 Europe Lactic Acids Market Facts & Figures by Country
5.5.1 Europe Lactic Acids Market Size by Country: 2019 VS 2023 VS 2030
5.5.2 Europe Lactic Acids Sales by Country (2019-2030)
5.5.3 Europe Lactic Acids Revenue by Country (2019-2030)
5.5.4 Germany
5.5.5 France
5.5.6 U.K.
5.5.7 Italy
5.5.8 Russia
5.6 Asia Pacific Lactic Acids Market Facts & Figures by Country
5.6.1 Asia Pacific Lactic Acids Market Size by Country: 2019 VS 2023 VS 2030
5.6.2 Asia Pacific Lactic Acids Sales by Country (2019-2030)
5.6.3 Asia Pacific Lactic Acids Revenue by Country (2019-2030)
5.6.4 China
5.6.5 Japan
5.6.6 South Korea
5.6.7 India
5.6.8 Australia
5.6.9 China Taiwan
5.6.10 Indonesia
5.6.11 Thailand
5.6.12 Malaysia
5.7 Latin America Lactic Acids Market Facts & Figures by Country
5.7.1 Latin America Lactic Acids Market Size by Country: 2019 VS 2023 VS 2030
5.7.2 Latin America Lactic Acids Sales by Country (2019-2030)
5.7.3 Latin America Lactic Acids Revenue by Country (2019-2030)
5.7.4 Mexico
5.7.5 Brazil
5.7.6 Argentina
5.8 Middle East and Africa Lactic Acids Market Facts & Figures by Country
5.8.1 Middle East and Africa Lactic Acids Market Size by Country: 2019 VS 2023 VS 2030
5.8.2 Middle East and Africa Lactic Acids Sales by Country (2019-2030)
5.8.3 Middle East and Africa Lactic Acids Revenue by Country (2019-2030)
5.8.4 Turkey
5.8.5 Saudi Arabia
5.8.6 UAE
6 Segment by Type
6.1 Global Lactic Acids Sales by Type (2019-2030)
6.1.1 Global Lactic Acids Sales by Type (2019-2030) & (K MT)
6.1.2 Global Lactic Acids Sales Market Share by Type (2019-2030)
6.2 Global Lactic Acids Revenue by Type (2019-2030)
6.2.1 Global Lactic Acids Sales by Type (2019-2030) & (US$ Million)
6.2.2 Global Lactic Acids Revenue Market Share by Type (2019-2030)
6.3 Global Lactic Acids Price by Type (2019-2030)
7 Segment by Application
7.1 Global Lactic Acids Sales by Application (2019-2030)
7.1.1 Global Lactic Acids Sales by Application (2019-2030) & (K MT)
7.1.2 Global Lactic Acids Sales Market Share by Application (2019-2030)
7.2 Global Lactic Acids Revenue by Application (2019-2030)
6.2.1 Global Lactic Acids Sales by Application (2019-2030) & (US$ Million)
6.2.2 Global Lactic Acids Revenue Market Share by Application (2019-2030)
7.3 Global Lactic Acids Price by Application (2019-2030)
8 Value Chain and Sales Channels Analysis of the Market
8.1 Lactic Acids Value Chain Analysis
8.1.1 Lactic Acids Key Raw Materials
8.1.2 Raw Materials Key Suppliers
8.1.3 Lactic Acids Production Mode & Process
8.2 Lactic Acids Sales Channels Analysis
8.2.1 Direct Comparison with Distribution Share
8.2.2 Lactic Acids Distributors
8.2.3 Lactic Acids Customers
9 Global Lactic Acids Analyzing Market Dynamics
9.1 Lactic Acids Industry Trends
9.2 Lactic Acids Industry Drivers
9.3 Lactic Acids Industry Opportunities and Challenges
9.4 Lactic Acids Industry Restraints
10 Report Conclusion
11 Disclaimer