The global Lactic Acids market size was valued at US$ 1508 million in 2024 and is forecast to a readjusted size of USD 3593 million by 2031 with a CAGR of 13.4% during review period.
Lactic acid (CAS 50-21-5) 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. Lactic Acid is a transparent, colorless syrupy liquid produced from the fermentation of dextrose. It is odorless or has a slight characteristic odor, and has a mild acid taste. Lactic Acid is widely used as an acidulant in foods and beverages that require an edible non-volatile acid.
Global lactic acids (CAS 50-21-5) key players include Corbion, NatureWorks and Henan Jindan Lactic Acid Technology. Global top 3 manufacturers hold a share over 65%.
China is the largest market, with a share about 40%, followed by North America and Southeast Asia, with the share about 25% and 17%. In terms of product, L-lactic acid is the largest segment, with a share over 85%. And in terms of application, the largest application is polylactic acid, followed by food & beverage.
This report is a detailed and comprehensive analysis for global Lactic Acids market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Lactic Acids market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Lactic Acids market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Lactic Acids market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Lactic Acids market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Lactic Acids
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Lactic Acids market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study 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, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
麻豆原创 Segmentation
Lactic Acids market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
麻豆原创 segment by Type
DL-Lactic Acid
D-Lactic Acid
L-Lactic Acid
麻豆原创 segment by Application
Food & Beverage
Polylactic Acid
Industrial
Pharmaceutical
Personal Care
Others
Major players covered
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
麻豆原创 segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Lactic Acids product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Lactic Acids, with price, sales quantity, revenue, and global market share of Lactic Acids from 2020 to 2025.
Chapter 3, the Lactic Acids competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lactic Acids breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Lactic Acids market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Lactic Acids.
Chapter 14 and 15, to describe Lactic Acids sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 麻豆原创 Overview
1.1 Product Overview and Scope
1.2 麻豆原创 Estimation Caveats and Base Year
1.3 麻豆原创 Analysis by Type
1.3.1 Overview: Global Lactic Acids Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 DL-Lactic Acid
1.3.3 D-Lactic Acid
1.3.4 L-Lactic Acid
1.4 麻豆原创 Analysis by Application
1.4.1 Overview: Global Lactic Acids Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Food & Beverage
1.4.3 Polylactic Acid
1.4.4 Industrial
1.4.5 Pharmaceutical
1.4.6 Personal Care
1.4.7 Others
1.5 Global Lactic Acids 麻豆原创 Size & Forecast
1.5.1 Global Lactic Acids Consumption Value (2020 & 2024 & 2031)
1.5.2 Global Lactic Acids Sales Quantity (2020-2031)
1.5.3 Global Lactic Acids Average Price (2020-2031)
2 Manufacturers Profiles
2.1 Corbion
2.1.1 Corbion Details
2.1.2 Corbion Major Business
2.1.3 Corbion Lactic Acids Product and Services
2.1.4 Corbion Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.1.5 Corbion Recent Developments/Updates
2.2 NatureWorks
2.2.1 NatureWorks Details
2.2.2 NatureWorks Major Business
2.2.3 NatureWorks Lactic Acids Product and Services
2.2.4 NatureWorks Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.2.5 NatureWorks Recent Developments/Updates
2.3 Henan Jindan Lactic Acid Technology
2.3.1 Henan Jindan Lactic Acid Technology Details
2.3.2 Henan Jindan Lactic Acid Technology Major Business
2.3.3 Henan Jindan Lactic Acid Technology Lactic Acids Product and Services
2.3.4 Henan Jindan Lactic Acid Technology Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.3.5 Henan Jindan Lactic Acid Technology Recent Developments/Updates
2.4 Galactic
2.4.1 Galactic Details
2.4.2 Galactic Major Business
2.4.3 Galactic Lactic Acids Product and Services
2.4.4 Galactic Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.4.5 Galactic Recent Developments/Updates
2.5 BBCA Group
2.5.1 BBCA Group Details
2.5.2 BBCA Group Major Business
2.5.3 BBCA Group Lactic Acids Product and Services
2.5.4 BBCA Group Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.5.5 BBCA Group Recent Developments/Updates
2.6 Jungbunzlauer
2.6.1 Jungbunzlauer Details
2.6.2 Jungbunzlauer Major Business
2.6.3 Jungbunzlauer Lactic Acids Product and Services
2.6.4 Jungbunzlauer Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.6.5 Jungbunzlauer Recent Developments/Updates
2.7 Shandong Parkson Biotechnology
2.7.1 Shandong Parkson Biotechnology Details
2.7.2 Shandong Parkson Biotechnology Major Business
2.7.3 Shandong Parkson Biotechnology Lactic Acids Product and Services
2.7.4 Shandong Parkson Biotechnology Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.7.5 Shandong Parkson Biotechnology Recent Developments/Updates
2.8 Musashino Chemical
2.8.1 Musashino Chemical Details
2.8.2 Musashino Chemical Major Business
2.8.3 Musashino Chemical Lactic Acids Product and Services
2.8.4 Musashino Chemical Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.8.5 Musashino Chemical Recent Developments/Updates
2.9 Henan Xinghan Biotechnology
2.9.1 Henan Xinghan Biotechnology Details
2.9.2 Henan Xinghan Biotechnology Major Business
2.9.3 Henan Xinghan Biotechnology Lactic Acids Product and Services
2.9.4 Henan Xinghan Biotechnology Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.9.5 Henan Xinghan Biotechnology Recent Developments/Updates
2.10 Wuhan Sanjiang Space Good Biotech
2.10.1 Wuhan Sanjiang Space Good Biotech Details
2.10.2 Wuhan Sanjiang Space Good Biotech Major Business
2.10.3 Wuhan Sanjiang Space Good Biotech Lactic Acids Product and Services
2.10.4 Wuhan Sanjiang Space Good Biotech Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.10.5 Wuhan Sanjiang Space Good Biotech Recent Developments/Updates
2.11 Shandong Shouguang Juneng Golden
2.11.1 Shandong Shouguang Juneng Golden Details
2.11.2 Shandong Shouguang Juneng Golden Major Business
2.11.3 Shandong Shouguang Juneng Golden Lactic Acids Product and Services
2.11.4 Shandong Shouguang Juneng Golden Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.11.5 Shandong Shouguang Juneng Golden Recent Developments/Updates
2.12 Shanxi Leda Biochemical
2.12.1 Shanxi Leda Biochemical Details
2.12.2 Shanxi Leda Biochemical Major Business
2.12.3 Shanxi Leda Biochemical Lactic Acids Product and Services
2.12.4 Shanxi Leda Biochemical Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.12.5 Shanxi Leda Biochemical Recent Developments/Updates
2.13 Shangdong Fullsail
2.13.1 Shangdong Fullsail Details
2.13.2 Shangdong Fullsail Major Business
2.13.3 Shangdong Fullsail Lactic Acids Product and Services
2.13.4 Shangdong Fullsail Lactic Acids Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.13.5 Shangdong Fullsail Recent Developments/Updates
3 Competitive Environment: Lactic Acids by Manufacturer
3.1 Global Lactic Acids Sales Quantity by Manufacturer (2020-2025)
3.2 Global Lactic Acids Revenue by Manufacturer (2020-2025)
3.3 Global Lactic Acids Average Price by Manufacturer (2020-2025)
3.4 麻豆原创 Share Analysis (2024)
3.4.1 Producer Shipments of Lactic Acids by Manufacturer Revenue ($MM) and 麻豆原创 Share (%): 2024
3.4.2 Top 3 Lactic Acids Manufacturer 麻豆原创 Share in 2024
3.4.3 Top 6 Lactic Acids Manufacturer 麻豆原创 Share in 2024
3.5 Lactic Acids 麻豆原创: Overall Company Footprint Analysis
3.5.1 Lactic Acids 麻豆原创: Region Footprint
3.5.2 Lactic Acids 麻豆原创: Company Product Type Footprint
3.5.3 Lactic Acids 麻豆原创: Company Product Application Footprint
3.6 New 麻豆原创 Entrants and Barriers to 麻豆原创 Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Lactic Acids 麻豆原创 Size by Region
4.1.1 Global Lactic Acids Sales Quantity by Region (2020-2031)
4.1.2 Global Lactic Acids Consumption Value by Region (2020-2031)
4.1.3 Global Lactic Acids Average Price by Region (2020-2031)
4.2 North America Lactic Acids Consumption Value (2020-2031)
4.3 Europe Lactic Acids Consumption Value (2020-2031)
4.4 Asia-Pacific Lactic Acids Consumption Value (2020-2031)
4.5 South America Lactic Acids Consumption Value (2020-2031)
4.6 Middle East & Africa Lactic Acids Consumption Value (2020-2031)
5 麻豆原创 Segment by Type
5.1 Global Lactic Acids Sales Quantity by Type (2020-2031)
5.2 Global Lactic Acids Consumption Value by Type (2020-2031)
5.3 Global Lactic Acids Average Price by Type (2020-2031)
6 麻豆原创 Segment by Application
6.1 Global Lactic Acids Sales Quantity by Application (2020-2031)
6.2 Global Lactic Acids Consumption Value by Application (2020-2031)
6.3 Global Lactic Acids Average Price by Application (2020-2031)
7 North America
7.1 North America Lactic Acids Sales Quantity by Type (2020-2031)
7.2 North America Lactic Acids Sales Quantity by Application (2020-2031)
7.3 North America Lactic Acids 麻豆原创 Size by Country
7.3.1 North America Lactic Acids Sales Quantity by Country (2020-2031)
7.3.2 North America Lactic Acids Consumption Value by Country (2020-2031)
7.3.3 United States 麻豆原创 Size and Forecast (2020-2031)
7.3.4 Canada 麻豆原创 Size and Forecast (2020-2031)
7.3.5 Mexico 麻豆原创 Size and Forecast (2020-2031)
8 Europe
8.1 Europe Lactic Acids Sales Quantity by Type (2020-2031)
8.2 Europe Lactic Acids Sales Quantity by Application (2020-2031)
8.3 Europe Lactic Acids 麻豆原创 Size by Country
8.3.1 Europe Lactic Acids Sales Quantity by Country (2020-2031)
8.3.2 Europe Lactic Acids Consumption Value by Country (2020-2031)
8.3.3 Germany 麻豆原创 Size and Forecast (2020-2031)
8.3.4 France 麻豆原创 Size and Forecast (2020-2031)
8.3.5 United Kingdom 麻豆原创 Size and Forecast (2020-2031)
8.3.6 Russia 麻豆原创 Size and Forecast (2020-2031)
8.3.7 Italy 麻豆原创 Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific Lactic Acids Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Lactic Acids Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Lactic Acids 麻豆原创 Size by Region
9.3.1 Asia-Pacific Lactic Acids Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific Lactic Acids Consumption Value by Region (2020-2031)
9.3.3 China 麻豆原创 Size and Forecast (2020-2031)
9.3.4 Japan 麻豆原创 Size and Forecast (2020-2031)
9.3.5 South Korea 麻豆原创 Size and Forecast (2020-2031)
9.3.6 India 麻豆原创 Size and Forecast (2020-2031)
9.3.7 Southeast Asia 麻豆原创 Size and Forecast (2020-2031)
9.3.8 Australia 麻豆原创 Size and Forecast (2020-2031)
10 South America
10.1 South America Lactic Acids Sales Quantity by Type (2020-2031)
10.2 South America Lactic Acids Sales Quantity by Application (2020-2031)
10.3 South America Lactic Acids 麻豆原创 Size by Country
10.3.1 South America Lactic Acids Sales Quantity by Country (2020-2031)
10.3.2 South America Lactic Acids Consumption Value by Country (2020-2031)
10.3.3 Brazil 麻豆原创 Size and Forecast (2020-2031)
10.3.4 Argentina 麻豆原创 Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa Lactic Acids Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Lactic Acids Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Lactic Acids 麻豆原创 Size by Country
11.3.1 Middle East & Africa Lactic Acids Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa Lactic Acids Consumption Value by Country (2020-2031)
11.3.3 Turkey 麻豆原创 Size and Forecast (2020-2031)
11.3.4 Egypt 麻豆原创 Size and Forecast (2020-2031)
11.3.5 Saudi Arabia 麻豆原创 Size and Forecast (2020-2031)
11.3.6 South Africa 麻豆原创 Size and Forecast (2020-2031)
12 麻豆原创 Dynamics
12.1 Lactic Acids 麻豆原创 Drivers
12.2 Lactic Acids 麻豆原创 Restraints
12.3 Lactic Acids Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Lactic Acids and Key Manufacturers
13.2 Manufacturing Costs Percentage of Lactic Acids
13.3 Lactic Acids Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Lactic Acids Typical Distributors
14.3 Lactic Acids Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
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
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*If Applicable.