Global Lactic Acids Market Insights and Forecast to 2027
1 Study Coverage
- 1.1 Lactic Acids Product Introduction
- 1.2 Market by Type
- 1.2.1 Global Lactic Acids Market Size Growth Rate by Type
- 1.4.2 L-lactic Acid
- 1.4.3 D-lactic Acid
- 1.2.4 DL-lactic Acid
- 1.3 Market by Application
- 1.3.1 Global Lactic Acids Market Size Growth Rate by Application
- 1.3.2 Industrial Use
- 1.3.3 Food and Beverage
- 1.3.4 Pharmaceutical and Personal Care
- 1.4 Study Objectives
- 1.5 Years Considered
2 Executive Summary
- 2.1 Global Lactic Acids Sales Estimates and Forecasts 2016-2027
- 2.2 Global Lactic Acids Revenue Estimates and Forecasts 2016-2027
- 2.3 Global Lactic Acids Revenue by Region: 2016 VS 2021 VS 2027
- 2.4 Global Top Lactic Acids Regions by Sales
- 2.4.1 Global Top Lactic Acids Regions by Sales (2016-2021)
- 2.4.2 Global Top Lactic Acids Regions by Sales (2022-2027)
- 2.5 Global Top Lactic Acids Regions by Revenue
- 2.5.1 Global Top Lactic Acids Regions by Revenue (2016-2021)
- 2.5.2 Global Top Lactic Acids Regions by Revenue (2022-2027)
- 2.6 North America
- 2.7 Europe
- 2.8 Asia-Pacific
- 2.9 Latin America
- 2.10 Middle East & Africa
3 Competition by Manufacturers
- 3.1 Global Lactic Acids Sales by Manufacturers
- 3.1.1 Global Top Lactic Acids Manufacturers by Sales (2016-2021)
- 3.1.2 Global Top Lactic Acids Manufacturers Market Share by Sales (2016-2021)
- 3.1.3 Global Top 10 and Top 5 Companies by Lactic Acids Sales in 2020
- 3.2 Global Lactic Acids Revenue by Manufacturers
- 3.2.1 Global Top Lactic Acids Manufacturers by Revenue (2016-2021)
- 3.2.2 Global Top Lactic Acids Manufacturers Market Share by Revenue (2016-2021)
- 3.2.3 Global Top 10 and Top 5 Companies by Lactic Acids Revenue in 2020
- 3.3 Global Lactic Acids Sales Price by Manufacturers
- 3.4 Analysis of Competitive Landscape
- 3.4.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 3.4.2 Global Lactic Acids Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4.3 Global Lactic Acids Manufacturers Geographical Distribution
- 3.5 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
- 4.1 Global Lactic Acids Sales by Type
- 4.1.1 Global Lactic Acids Historical Sales by Type (2016-2021)
- 4.1.2 Global Lactic Acids Forecasted Sales by Type (2022-2027)
- 4.1.3 Global Lactic Acids Sales Market Share by Type (2016-2027)
- 4.2 Global Lactic Acids Revenue by Type
- 4.2.1 Global Lactic Acids Historical Revenue by Type (2016-2021)
- 4.2.2 Global Lactic Acids Forecasted Revenue by Type (2022-2027)
- 4.2.3 Global Lactic Acids Revenue Market Share by Type (2016-2027)
- 4.3 Global Lactic Acids Price by Type
- 4.3.1 Global Lactic Acids Price by Type (2016-2021)
- 4.3.2 Global Lactic Acids Price Forecast by Type (2022-2027)
5 Market Size by Application
- 5.1 Global Lactic Acids Sales by Application
- 5.1.1 Global Lactic Acids Historical Sales by Application (2016-2021)
- 5.1.2 Global Lactic Acids Forecasted Sales by Application (2022-2027)
- 5.1.3 Global Lactic Acids Sales Market Share by Application (2016-2027)
- 5.2 Global Lactic Acids Revenue by Application
- 5.2.1 Global Lactic Acids Historical Revenue by Application (2016-2021)
- 5.2.2 Global Lactic Acids Forecasted Revenue by Application (2022-2027)
- 5.2.3 Global Lactic Acids Revenue Market Share by Application (2016-2027)
- 5.3 Global Lactic Acids Price by Application
- 5.3.1 Global Lactic Acids Price by Application (2016-2021)
- 5.3.2 Global Lactic Acids Price Forecast by Application (2022-2027)
6 North America
- 6.1 North America Lactic Acids Market Size by Type
- 6.1.1 North America Lactic Acids Sales by Type (2016-2027)
- 6.1.2 North America Lactic Acids Revenue by Type (2016-2027)
- 6.2 North America Lactic Acids Market Size by Application
- 6.2.1 North America Lactic Acids Sales by Application (2016-2027)
- 6.2.2 North America Lactic Acids Revenue by Application (2016-2027)
- 6.3 North America Lactic Acids Market Size by Country
- 6.3.1 North America Lactic Acids Sales by Country (2016-2027)
- 6.3.2 North America Lactic Acids Revenue by Country (2016-2027)
- 6.3.3 U.S.
- 6.3.4 Canada
7 Europe
- 7.1 Europe Lactic Acids Market Size by Type
- 7.1.1 Europe Lactic Acids Sales by Type (2017-2027)
- 7.1.2 Europe Lactic Acids Revenue by Type (2017-2027)
- 7.2 Europe Lactic Acids Market Size by Application
- 7.2.1 Europe Lactic Acids Sales by Application (2017-2027)
- 7.2.2 Europe Lactic Acids Revenue by Application (2017-2027)
- 7.3 Europe Lactic Acids Market Size by Country
- 7.3.1 Europe Lactic Acids Sales by Country (2017-2027)
- 7.3.2 Europe Lactic Acids Revenue by Country (2017-2027)
- 7.3.3 Germany
- 7.3.4 France
- 7.3.5 U.K.
- 7.3.6 Italy
- 7.3.7 Russia
8 Asia Pacific
- 8.1 Asia Pacific Lactic Acids Market Size by Type
- 8.1.1 Asia Pacific Lactic Acids Sales by Type (2018-2027)
- 8.1.2 Asia Pacific Lactic Acids Revenue by Type (2018-2027)
- 8.2 Asia Pacific Lactic Acids Market Size by Application
- 8.2.1 Asia Pacific Lactic Acids Sales by Application (2018-2027)
- 8.2.2 Asia Pacific Lactic Acids Revenue by Application (2018-2027)
- 8.3 Asia Pacific Lactic Acids Market Size by Region
- 8.3.1 Asia Pacific Lactic Acids Sales by Region (2018-2027)
- 8.3.2 Asia Pacific Lactic Acids Revenue by Region (2018-2027)
- 8.3.3 China
- 8.3.4 Japan
- 8.3.5 South Korea
- 8.3.6 India
- 8.3.7 Australia
- 8.3.8 Taiwan
- 8.3.9 Indonesia
- 8.3.10 Thailand
- 8.3.11 Malaysia
- 8.3.12 Philippines
9 Latin America
- 9.1 Latin America Lactic Acids Market Size by Type
- 9.1.1 Latin America Lactic Acids Sales by Type (2019-2027)
- 9.1.2 Latin America Lactic Acids Revenue by Type (2019-2027)
- 9.2 Latin America Lactic Acids Market Size by Application
- 9.2.1 Latin America Lactic Acids Sales by Application (2019-2027)
- 9.2.2 Latin America Lactic Acids Revenue by Application (2019-2027)
- 9.3 Latin America Lactic Acids Market Size by Country
- 9.3.1 Latin America Lactic Acids Sales by Country (2019-2027)
- 9.3.2 Latin America Lactic Acids Revenue by Country (2019-2027)
- 9.3.3 Mexico
- 9.3.4 Brazil
- 9.3.5 Argentina
6 Middle East and Africa
- 6.1 Middle East and Africa Lactic Acids Market Size by Type
- 6.1.1 Middle East and Africa Lactic Acids Sales by Type (2016-2027)
- 6.1.2 Middle East and Africa Lactic Acids Revenue by Type (2016-2027)
- 6.2 Middle East and Africa Lactic Acids Market Size by Application
- 6.2.1 Middle East and Africa Lactic Acids Sales by Application (2016-2027)
- 6.2.2 Middle East and Africa Lactic Acids Revenue by Application (2016-2027)
- 6.3 Middle East and Africa Lactic Acids Market Size by Country
- 6.3.1 Middle East and Africa Lactic Acids Sales by Country (2016-2027)
- 6.3.2 Middle East and Africa Lactic Acids Revenue by Country (2016-2027)
- 6.3.3 Turkey
- 6.3.4 Saudi Arabia
- 6.3.5 U.A.E
11 Company Profiles
- 11.1 Corbion-Purac
- 11.1.1 Corbion-Purac Corporation Information
- 11.1.2 Corbion-Purac Overview
- 11.1.3 Corbion-Purac Lactic Acids Sales, Price, Revenue and Gross Margin (2016-2021)
- 11.1.4 Corbion-Purac Lactic Acids Product Description
- 11.1.5 Corbion-Purac Related Developments
- 11.2 Cargill
- 11.2.1 Cargill Corporation Information
- 11.2.2 Cargill Overview
- 11.2.3 Cargill Lactic Acids Sales, Price, Revenue and Gross Margin (2016-2021)
- 11.2.4 Cargill Lactic Acids Product Description
- 11.2.5 Cargill Related Developments
- 11.3 Galactic
- 11.3.1 Galactic Corporation Information
- 11.3.2 Galactic Overview
- 11.3.3 Galactic Lactic Acids Sales, Price, Revenue and Gross Margin (2016-2021)
- 11.3.4 Galactic Lactic Acids Product Description
- 11.3.5 Galactic Related Developments
- 11.4 Musashino
- 11.4.1 Musashino Corporation Information
- 11.4.2 Musashino Overview
- 11.4.3 Musashino Lactic Acids Sales, Price, Revenue and Gross Margin (2016-2021)
- 11.4.4 Musashino Lactic Acids Product Description
- 11.4.5 Musashino Related Developments
- 11.5 ADM
- 11.5.1 ADM Corporation Information
- 11.5.2 ADM Overview
- 11.5.3 ADM Lactic Acids Sales, Price, Revenue and Gross Margin (2016-2021)
- 11.5.4 ADM Lactic Acids Product Description
- 11.5.5 ADM Related Developments
- 11.6 Henan Jindan Lactic Acid Technology
- 11.6.1 Henan Jindan Lactic Acid Technology Corporation Information
- 11.6.2 Henan Jindan Lactic Acid Technology Overview
- 11.6.3 Henan Jindan Lactic Acid Technology Lactic Acids Sales, Price, Revenue and Gross Margin (2016-2021)
- 11.6.4 Henan Jindan Lactic Acid Technology Lactic Acids Product Description
- 11.6.5 Henan Jindan Lactic Acid Technology Related Developments
- 11.7 B&G
- 11.7.1 B&G Corporation Information
- 11.7.2 B&G Overview
- 11.7.3 B&G Lactic Acids Sales, Price, Revenue and Gross Margin (2016-2021)
- 11.7.4 B&G Lactic Acids Product Description
- 11.7.5 B&G Related Developments
- 11.1 Corbion-Purac
- 11.1.1 Corbion-Purac Corporation Information
- 11.1.2 Corbion-Purac Overview
- 11.1.3 Corbion-Purac Lactic Acids Sales, Price, Revenue and Gross Margin (2016-2021)
- 11.1.4 Corbion-Purac Lactic Acids Product Description
- 11.1.5 Corbion-Purac Related Developments
12 Value Chain and Sales Channels Analysis
- 12.1 Lactic Acids Value Chain Analysis
- 12.2 Lactic Acids Key Raw Materials
- 12.2.1 Key Raw Materials
- 12.2.2 Raw Materials Key Suppliers
- 12.3 Lactic Acids Production Mode & Process
- 12.4 Lactic Acids Sales and Marketing
- 12.4.1 Lactic Acids Sales Channels
- 12.4.2 Lactic Acids Distributors
- 12.5 Lactic Acids Customers
13 Market Drivers, Opportunities, Challenges and Risks Factors Analysis
- 13.1 Lactic Acids Industry Trends
- 13.2 Lactic Acids Market Drivers
- 13.3 Lactic Acids Market Challenges
- 13.4 Lactic Acids Market Restraints
14 Key Findings in The Global Lactic Acids Study
15 Appendix
- 15.1 Research Methodology
- 15.1.1 Methodology/Research Approach
- 15.1.2 Data Source
- 15.2 Author Details
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.
The United States is the world's largest consumer market. Its consumptions account for about 30% of the world.China became the world's second consumer market after 2011, and its accounting for about 25% of the world.
Market Analysis and Insights: Global Lactic Acids Market
The global Lactic Acids market is valued at US$ 971 million in 2019. The market size will reach US$ 1156.5 million by the end of 2026, growing at a CAGR of 2.5% during 2021-2026.
Global Lactic Acids Scope and Market Size
Lactic Acids market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Lactic Acids market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.
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 Company
Corbion-Purac
Cargill
Galactic
Musashino
ADM
Henan Jindan Lactic Acid Technology
B&G
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