by According to Precedence Research, during the forecast period of 2022 to 2030, the global lactic acid market is estimated to develop at a compound annual growth rate (CAGR) of 8.91%. The global lactic acid market was valued at USD 3.2 billion in 2021, and it is predicted to exceed USD 6.9 billion by 2030. The study investigates several elements and their consequences on the growth of the lactic acid market.
Download Free Sample Copy with TOC@ https://www.precedenceresearch.com/sample/1855
This report focuses on lactic acid market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall lactic acid market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.
Report Scope of the Lactic Acid Market
| Report Coverage | Details |
| Market Size by 2030 | USD 6.9 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 8.91% |
| North America Market Share in 2021 | 45% |
| Sugarcane Segment Market Share in 2021 | 68% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Raw Material, Application, Form, Source, End-User, Geography |
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
In-Depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers of lactic acid, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of lactic acid has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the lactic acid market.
Some of the prominent players in the lactic acid market include:
- Corbion (Netherlands)
- DuPont (US)
- Henan Jindan Lacic Acid Technology (China)
- Sulzer (Switzerland)
- Mushashino Chemical (Japan)
- Jungbunzlauer (Switzerland)
- FoodChem International (China)
- Cargill (US)
- Galactic (Belgium)
- DOW (US)
- Unitika (Japan)
- Vaishnavi Biotech (India)
- Spectrum Chemicals (US)
- Godavari Bio-refineries (India)
- ProAgro GmbH (Austria)
- Qingdao Abel Technology (US)
- Vigon International (US)
- Henan Xinghan Biology Technology (China)
- Danimer Scientific (US)
- COFCO BioChemical (China)
Ask Here For More Customization Study@ https://www.precedenceresearch.com/customization/1855
Segments Covered in the Report
By Raw Material
- Corn
- Sugar Cane
- Cassava
- Other Crops
By Application
- Poly lactic acid
- Pharmaceuticals
- Personal care
- Food and beverages
- Industrial
- Others
By Form
- Liquid
- Form
By Source
- Natural
- Synthetic
By End-User
- Packaging
- Textile
- Electronics
- Automotive
- Biomedical
- Other
Regional Segmentation
- Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
- Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
- North America [United States, Canada, Mexico]
- South America [Brazil, Argentina, Columbia, Chile, Peru]
- Middle East & Africa [GCC, North Africa, South Africa]
Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- What value propositions should businesses aim at while making new research and development funding?
- Which regulations will be most helpful for stakeholders to boost their supply chain network?
- Which regions might see the demand maturing in certain segments in near future?
- What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
- Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
- Which government regulations might challenge the status of key regional markets?
- How will the emerging political and economic scenario affect opportunities in key growth areas?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Lactic Acid Market
5.1. COVID-19 Landscape: Lactic Acid Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Lactic Acid Market, By Raw Material
8.1. Lactic Acid Market, by Raw Material, 2022-2030
8.1.1. Corn
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Sugar Cane
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Cassava
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Other Crops
8.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Lactic Acid Market, By Application
9.1. Lactic Acid Market, by Application, 2022-2030
9.1.1. Poly lactic acid
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Pharmaceuticals
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Personal care
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Food and beverages
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Industrial
9.1.5.1. Market Revenue and Forecast (2017-2030)
9.1.6. Others
9.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Lactic Acid Market, By Form
10.1. Lactic Acid Market, by Form, 2022-2030
10.1.1. Liquid
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Form
10.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Lactic Acid Market, By Source
11.1. Lactic Acid Market, by Source, 2022-2030
11.1.1. Natural
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Synthetic
11.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Lactic Acid Market, By End-User
12.1. Lactic Acid Market, by End-User, 2022-2030
12.1.1. Packaging
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Textile
12.1.2.1. Market Revenue and Forecast (2017-2030)
12.1.3. Electronics
12.1.3.1. Market Revenue and Forecast (2017-2030)
12.1.4. Automotive
12.1.4.1. Market Revenue and Forecast (2017-2030)
12.1.5. Biomedical
12.1.5.1. Market Revenue and Forecast (2017-2030)
12.1.6. Other
12.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Lactic Acid Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.1.2. Market Revenue and Forecast, by Application (2017-2030)
13.1.3. Market Revenue and Forecast, by Form (2017-2030)
13.1.4. Market Revenue and Forecast, by Source (2017-2030)
13.1.5. Market Revenue and Forecast, by End-User (2017-2030)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.1.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.1.6.3. Market Revenue and Forecast, by Form (2017-2030)
13.1.6.4. Market Revenue and Forecast, by Source (2017-2030)
13.1.7. Market Revenue and Forecast, by End-User (2017-2030)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.1.8.2. Market Revenue and Forecast, by Application (2017-2030)
13.1.8.3. Market Revenue and Forecast, by Form (2017-2030)
13.1.8.4. Market Revenue and Forecast, by Source (2017-2030)
13.1.8.5. Market Revenue and Forecast, by End-User (2017-2030)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.2.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.3. Market Revenue and Forecast, by Form (2017-2030)
13.2.4. Market Revenue and Forecast, by Source (2017-2030)
13.2.5. Market Revenue and Forecast, by End-User (2017-2030)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.2.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.6.3. Market Revenue and Forecast, by Form (2017-2030)
13.2.7. Market Revenue and Forecast, by Source (2017-2030)
13.2.8. Market Revenue and Forecast, by End-User (2017-2030)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.2.9.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.9.3. Market Revenue and Forecast, by Form (2017-2030)
13.2.10. Market Revenue and Forecast, by Source (2017-2030)
13.2.11. Market Revenue and Forecast, by End-User (2017-2030)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.2.12.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.12.3. Market Revenue and Forecast, by Form (2017-2030)
13.2.12.4. Market Revenue and Forecast, by Source (2017-2030)
13.2.13. Market Revenue and Forecast, by End-User (2017-2030)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.2.14.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.14.3. Market Revenue and Forecast, by Form (2017-2030)
13.2.14.4. Market Revenue and Forecast, by Source (2017-2030)
13.2.15. Market Revenue and Forecast, by End-User (2017-2030)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.3.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.3. Market Revenue and Forecast, by Form (2017-2030)
13.3.4. Market Revenue and Forecast, by Source (2017-2030)
13.3.5. Market Revenue and Forecast, by End-User (2017-2030)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.3.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.6.3. Market Revenue and Forecast, by Form (2017-2030)
13.3.6.4. Market Revenue and Forecast, by Source (2017-2030)
13.3.7. Market Revenue and Forecast, by End-User (2017-2030)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.3.8.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.8.3. Market Revenue and Forecast, by Form (2017-2030)
13.3.8.4. Market Revenue and Forecast, by Source (2017-2030)
13.3.9. Market Revenue and Forecast, by End-User (2017-2030)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.3.10.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.10.3. Market Revenue and Forecast, by Form (2017-2030)
13.3.10.4. Market Revenue and Forecast, by Source (2017-2030)
13.3.10.5. Market Revenue and Forecast, by End-User (2017-2030)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.3.11.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.11.3. Market Revenue and Forecast, by Form (2017-2030)
13.3.11.4. Market Revenue and Forecast, by Source (2017-2030)
13.3.11.5. Market Revenue and Forecast, by End-User (2017-2030)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.4.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.3. Market Revenue and Forecast, by Form (2017-2030)
13.4.4. Market Revenue and Forecast, by Source (2017-2030)
13.4.5. Market Revenue and Forecast, by End-User (2017-2030)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.4.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.6.3. Market Revenue and Forecast, by Form (2017-2030)
13.4.6.4. Market Revenue and Forecast, by Source (2017-2030)
13.4.7. Market Revenue and Forecast, by End-User (2017-2030)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.4.8.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.8.3. Market Revenue and Forecast, by Form (2017-2030)
13.4.8.4. Market Revenue and Forecast, by Source (2017-2030)
13.4.9. Market Revenue and Forecast, by End-User (2017-2030)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.4.10.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.10.3. Market Revenue and Forecast, by Form (2017-2030)
13.4.10.4. Market Revenue and Forecast, by Source (2017-2030)
13.4.10.5. Market Revenue and Forecast, by End-User (2017-2030)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.4.11.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.11.3. Market Revenue and Forecast, by Form (2017-2030)
13.4.11.4. Market Revenue and Forecast, by Source (2017-2030)
13.4.11.5. Market Revenue and Forecast, by End-User (2017-2030)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.5.2. Market Revenue and Forecast, by Application (2017-2030)
13.5.3. Market Revenue and Forecast, by Form (2017-2030)
13.5.4. Market Revenue and Forecast, by Source (2017-2030)
13.5.5. Market Revenue and Forecast, by End-User (2017-2030)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.5.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.5.6.3. Market Revenue and Forecast, by Form (2017-2030)
13.5.6.4. Market Revenue and Forecast, by Source (2017-2030)
13.5.7. Market Revenue and Forecast, by End-User (2017-2030)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Raw Material (2017-2030)
13.5.8.2. Market Revenue and Forecast, by Application (2017-2030)
13.5.8.3. Market Revenue and Forecast, by Form (2017-2030)
13.5.8.4. Market Revenue and Forecast, by Source (2017-2030)
13.5.8.5. Market Revenue and Forecast, by End-User (2017-2030)
Chapter 14. Company Profiles
14.1. Corbion
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. DuPont
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Henan Jindan Lacic Acid Technology
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Sulzer
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Mushashino Chemical
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Jungbunzlauer
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. FoodChem International
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Cargill
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Galactic
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. DOW
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
Buy This Premium Research Report Click Here@ https://www.precedenceresearch.com/checkout/1855
About Us
Precedence Research is a Canada/India based company and one of the leading providers of strategic market insights. We offer executive-level blueprints of markets and solutions beyond flagship surveys. Our repository covers consultation, syndicated market studies, and customized research reports. Through our services we aim at connecting an organization’s goal with lucrative prospects globally.
From gauging investment feasibility to uncovering hidden growth opportunities, our market studies cover in-depth analysis, which also is interspersed with relevant statistics. Recommendation are often enclosed within our reports with the sole intent of enabling organizations achieve mission-critical success.
Contact Us:
Precedence Research
Apt 1408 1785 Riverside Drive Ottawa, ON, K1G 3T7, Canada
Call: +1 9197 992 333
Email: sales@precedenceresearch.com
Website: https://www.precedenceresearch.com
