The global L(+)-Lactic Acid market size is predicted to grow from US$ 1307 million in 2025 to US$ 2679 million in 2031; it is expected to grow at a CAGR of 12.7% from 2025 to 2031.
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. 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. L (+) lactic acid is commercially produced in fermentation processes using lactic acid bacteria or fungi such as Rhizopus oryzae in submerged culture. In 1856, L. Pasteur discovered that Lactobacillus bacteria produce L-lactic acid, and this became the basis for the first commercial manufacturing plant to produce the acid (1895).
Global key players of L(+)-Lactic Acid include Corbion, NatureWorks, Henan Jindan Lactic Acid Technology, BBCA Group, Jungbunzlauer, etc. The top five players hold a share about 69%. Asia Pacific is the largest market, and has a share about 49%, followed by Europe and North America with share 25% and 21%, separately. In terms of product type, Food Grade Lactic Acid is the largest segment, occupied for a share of 56%. In terms of application, Food & Beverage is the largest field with a share about 50 percent.
The 鈥淟(+)-Lactic Acid Industry Forecast鈥� looks at past sales and reviews total world L(+)-Lactic Acid sales in 2024, providing a comprehensive analysis by region and market sector of projected L(+)-Lactic Acid sales for 2025 through 2031. With L(+)-Lactic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world L(+)-Lactic Acid industry.
This Insight Report provides a comprehensive analysis of the global L(+)-Lactic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on L(+)-Lactic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global L(+)-Lactic Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for L(+)-Lactic Acid and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global L(+)-Lactic Acid.
This report presents a comprehensive overview, market shares, and growth opportunities of L(+)-Lactic Acid market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
High Purity Grade Lactic Acid
Food Grade Lactic Acid
Others
Segmentation by Application:
Food & Beverage
Polylactic Acid
Industrial
Pharmaceutical
Personal Care
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Corbion
NatureWorks
Henan Jindan Lactic Acid Technology
BBCA Group
Jungbunzlauer
Galactic
Henan Xinghan Biotechnology
Beijing Capital Agribusiness & Foods Group
Shandong Parkson Biotechnology
Ningxia Qiyu Biochemical
Musashino Chemical
Wuhan Sanjiang Space Good Biotech
Shangdong Fullsail
Pliith Biotechnology
Shanxi Leda Biochemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global L(+)-Lactic Acid market?
What factors are driving L(+)-Lactic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do L(+)-Lactic Acid market opportunities vary by end market size?
How does L(+)-Lactic Acid break out by Type, by Application?
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1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global L(+)-Lactic Acid Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for L(+)-Lactic Acid by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for L(+)-Lactic Acid by Country/Region, 2020, 2024 & 2031
2.2 L(+)-Lactic Acid Segment by Type
2.2.1 High Purity Grade Lactic Acid
2.2.2 Food Grade Lactic Acid
2.2.3 Others
2.3 L(+)-Lactic Acid Sales by Type
2.3.1 Global L(+)-Lactic Acid Sales 麻豆原创 Share by Type (2020-2025)
2.3.2 Global L(+)-Lactic Acid Revenue and 麻豆原创 Share by Type (2020-2025)
2.3.3 Global L(+)-Lactic Acid Sale Price by Type (2020-2025)
2.4 L(+)-Lactic Acid Segment by Application
2.4.1 Food & Beverage
2.4.2 Polylactic Acid
2.4.3 Industrial
2.4.4 Pharmaceutical
2.4.5 Personal Care
2.4.6 Others
2.5 L(+)-Lactic Acid Sales by Application
2.5.1 Global L(+)-Lactic Acid Sale 麻豆原创 Share by Application (2020-2025)
2.5.2 Global L(+)-Lactic Acid Revenue and 麻豆原创 Share by Application (2020-2025)
2.5.3 Global L(+)-Lactic Acid Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global L(+)-Lactic Acid Breakdown Data by Company
3.1.1 Global L(+)-Lactic Acid Annual Sales by Company (2020-2025)
3.1.2 Global L(+)-Lactic Acid Sales 麻豆原创 Share by Company (2020-2025)
3.2 Global L(+)-Lactic Acid Annual Revenue by Company (2020-2025)
3.2.1 Global L(+)-Lactic Acid Revenue by Company (2020-2025)
3.2.2 Global L(+)-Lactic Acid Revenue 麻豆原创 Share by Company (2020-2025)
3.3 Global L(+)-Lactic Acid Sale Price by Company
3.4 Key Manufacturers L(+)-Lactic Acid Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers L(+)-Lactic Acid Product Location Distribution
3.4.2 Players L(+)-Lactic Acid Products Offered
3.5 麻豆原创 Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 麻豆原创 M&A Activity & Strategy
4 World Historic Review for L(+)-Lactic Acid by Geographic Region
4.1 World Historic L(+)-Lactic Acid 麻豆原创 Size by Geographic Region (2020-2025)
4.1.1 Global L(+)-Lactic Acid Annual Sales by Geographic Region (2020-2025)
4.1.2 Global L(+)-Lactic Acid Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic L(+)-Lactic Acid 麻豆原创 Size by Country/Region (2020-2025)
4.2.1 Global L(+)-Lactic Acid Annual Sales by Country/Region (2020-2025)
4.2.2 Global L(+)-Lactic Acid Annual Revenue by Country/Region (2020-2025)
4.3 Americas L(+)-Lactic Acid Sales Growth
4.4 APAC L(+)-Lactic Acid Sales Growth
4.5 Europe L(+)-Lactic Acid Sales Growth
4.6 Middle East & Africa L(+)-Lactic Acid Sales Growth
5 Americas
5.1 Americas L(+)-Lactic Acid Sales by Country
5.1.1 Americas L(+)-Lactic Acid Sales by Country (2020-2025)
5.1.2 Americas L(+)-Lactic Acid Revenue by Country (2020-2025)
5.2 Americas L(+)-Lactic Acid Sales by Type (2020-2025)
5.3 Americas L(+)-Lactic Acid Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC L(+)-Lactic Acid Sales by Region
6.1.1 APAC L(+)-Lactic Acid Sales by Region (2020-2025)
6.1.2 APAC L(+)-Lactic Acid Revenue by Region (2020-2025)
6.2 APAC L(+)-Lactic Acid Sales by Type (2020-2025)
6.3 APAC L(+)-Lactic Acid Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe L(+)-Lactic Acid by Country
7.1.1 Europe L(+)-Lactic Acid Sales by Country (2020-2025)
7.1.2 Europe L(+)-Lactic Acid Revenue by Country (2020-2025)
7.2 Europe L(+)-Lactic Acid Sales by Type (2020-2025)
7.3 Europe L(+)-Lactic Acid Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa L(+)-Lactic Acid by Country
8.1.1 Middle East & Africa L(+)-Lactic Acid Sales by Country (2020-2025)
8.1.2 Middle East & Africa L(+)-Lactic Acid Revenue by Country (2020-2025)
8.2 Middle East & Africa L(+)-Lactic Acid Sales by Type (2020-2025)
8.3 Middle East & Africa L(+)-Lactic Acid Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of L(+)-Lactic Acid
10.3 Manufacturing Process Analysis of L(+)-Lactic Acid
10.4 Industry Chain Structure of L(+)-Lactic Acid
11 麻豆原创ing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 L(+)-Lactic Acid Distributors
11.3 L(+)-Lactic Acid Customer
12 World Forecast Review for L(+)-Lactic Acid by Geographic Region
12.1 Global L(+)-Lactic Acid 麻豆原创 Size Forecast by Region
12.1.1 Global L(+)-Lactic Acid Forecast by Region (2026-2031)
12.1.2 Global L(+)-Lactic Acid Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global L(+)-Lactic Acid Forecast by Type (2026-2031)
12.7 Global L(+)-Lactic Acid Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Corbion
13.1.1 Corbion Company Information
13.1.2 Corbion L(+)-Lactic Acid Product Portfolios and Specifications
13.1.3 Corbion L(+)-Lactic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Corbion Main Business Overview
13.1.5 Corbion Latest Developments
13.2 NatureWorks
13.2.1 NatureWorks Company Information
13.2.2 NatureWorks L(+)-Lactic Acid Product Portfolios and Specifications
13.2.3 NatureWorks L(+)-Lactic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 NatureWorks Main Business Overview
13.2.5 NatureWorks Latest Developments
13.3 Henan Jindan Lactic Acid Technology
13.3.1 Henan Jindan Lactic Acid Technology Company Information
13.3.2 Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Product Portfolios and Specifications
13.3.3 Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Henan Jindan Lactic Acid Technology Main Business Overview
13.3.5 Henan Jindan Lactic Acid Technology Latest Developments
13.4 BBCA Group
13.4.1 BBCA Group Company Information
13.4.2 BBCA Group L(+)-Lactic Acid Product Portfolios and Specifications
13.4.3 BBCA Group L(+)-Lactic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 BBCA Group Main Business Overview
13.4.5 BBCA Group Latest Developments
13.5 Jungbunzlauer
13.5.1 Jungbunzlauer Company Information
13.5.2 Jungbunzlauer L(+)-Lactic Acid Product Portfolios and Specifications
13.5.3 Jungbunzlauer L(+)-Lactic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Jungbunzlauer Main Business Overview
13.5.5 Jungbunzlauer Latest Developments
13.6 Galactic
13.6.1 Galactic Company Information
13.6.2 Galactic L(+)-Lactic Acid Product Portfolios and Specifications
13.6.3 Galactic L(+)-Lactic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Galactic Main Business Overview
13.6.5 Galactic Latest Developments
13.7 Henan Xinghan Biotechnology
13.7.1 Henan Xinghan Biotechnology Company Information
13.7.2 Henan Xinghan Biotechnology L(+)-Lactic Acid Product Portfolios and Specifications
13.7.3 Henan Xinghan Biotechnology L(+)-Lactic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Henan Xinghan Biotechnology Main Business Overview
13.7.5 Henan Xinghan Biotechnology Latest Developments
13.8 Beijing Capital Agribusiness & Foods Group
13.8.1 Beijing Capital Agribusiness & Foods Group Company Information
13.8.2 Beijing Capital Agribusiness & Foods Group L(+)-Lactic Acid Product Portfolios and Specifications
13.8.3 Beijing Capital Agribusiness & Foods Group L(+)-Lactic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Beijing Capital Agribusiness & Foods Group Main Business Overview
13.8.5 Beijing Capital Agribusiness & Foods Group Latest Developments
13.9 Shandong Parkson Biotechnology
13.9.1 Shandong Parkson Biotechnology Company Information
13.9.2 Shandong Parkson Biotechnology L(+)-Lactic Acid Product Portfolios and Specifications
13.9.3 Shandong Parkson Biotechnology L(+)-Lactic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Shandong Parkson Biotechnology Main Business Overview
13.9.5 Shandong Parkson Biotechnology Latest Developments
13.10 Ningxia Qiyu Biochemical
13.10.1 Ningxia Qiyu Biochemical Company Information
13.10.2 Ningxia Qiyu Biochemical L(+)-Lactic Acid Product Portfolios and Specifications
13.10.3 Ningxia Qiyu Biochemical L(+)-Lactic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Ningxia Qiyu Biochemical Main Business Overview
13.10.5 Ningxia Qiyu Biochemical Latest Developments
13.11 Musashino Chemical
13.11.1 Musashino Chemical Company Information
13.11.2 Musashino Chemical L(+)-Lactic Acid Product Portfolios and Specifications
13.11.3 Musashino Chemical L(+)-Lactic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Musashino Chemical Main Business Overview
13.11.5 Musashino Chemical Latest Developments
13.12 Wuhan Sanjiang Space Good Biotech
13.12.1 Wuhan Sanjiang Space Good Biotech Company Information
13.12.2 Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Product Portfolios and Specifications
13.12.3 Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Wuhan Sanjiang Space Good Biotech Main Business Overview
13.12.5 Wuhan Sanjiang Space Good Biotech Latest Developments
13.13 Shangdong Fullsail
13.13.1 Shangdong Fullsail Company Information
13.13.2 Shangdong Fullsail L(+)-Lactic Acid Product Portfolios and Specifications
13.13.3 Shangdong Fullsail L(+)-Lactic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Shangdong Fullsail Main Business Overview
13.13.5 Shangdong Fullsail Latest Developments
13.14 Pliith Biotechnology
13.14.1 Pliith Biotechnology Company Information
13.14.2 Pliith Biotechnology L(+)-Lactic Acid Product Portfolios and Specifications
13.14.3 Pliith Biotechnology L(+)-Lactic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Pliith Biotechnology Main Business Overview
13.14.5 Pliith Biotechnology Latest Developments
13.15 Shanxi Leda Biochemical
13.15.1 Shanxi Leda Biochemical Company Information
13.15.2 Shanxi Leda Biochemical L(+)-Lactic Acid Product Portfolios and Specifications
13.15.3 Shanxi Leda Biochemical L(+)-Lactic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Shanxi Leda Biochemical Main Business Overview
13.15.5 Shanxi Leda Biochemical Latest Developments
14 Research Findings and Conclusion
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*If Applicable.