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.
The global Lactic Acids market is projected to reach US$ 3162.8 million by 2030 from an estimated US$ 1465.4 million in 2024, at a CAGR of 13.7% during 2024 and 2030.
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.
Report Scope
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, analyse 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 type, by application, and by players, are also provided.
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, by type, by application, and regions.
麻豆原创 Segmentation
By Company
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
Segment by Type
DL-Lactic Acid
D-Lactic Acid
L-Lactic Acid
Segment by Application
Food & Beverage
Polylactic Acid
Industrial
Pharmaceutical
Personal Care
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by 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 2: Sales (consumption), revenue of Lactic Acids in global and regional 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 of each country in the world.
Chapter 3: Detailed analysis of Lactic Acids manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Lactic Acids sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: 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 14: Research Findings and Conclusion.
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1 Study Coverage
1.1 Lactic Acids Product Introduction
1.2 麻豆原创 by Type
1.2.1 Global Lactic Acids 麻豆原创 Size Growth Rate by Type (2019 VS 2023 VS 2030)
1.2.2 DL-Lactic Acid
1.2.3 D-Lactic Acid
1.2.4 L-Lactic Acid
1.3 麻豆原创 by Application
1.3.1 Global Lactic Acids 麻豆原创 Size Growth Rate by Application (2019 VS 2023 VS 2030)
1.3.2 Food & Beverage
1.3.3 Polylactic Acid
1.3.4 Industrial
1.3.5 Pharmaceutical
1.3.6 Personal Care
1.3.7 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Lactic Acids 麻豆原创 Size Estimates and Forecasts
2.1.1 Global Lactic Acids Revenue 2019-2030
2.1.2 Global Lactic Acids Sales 2019-2030
2.2 Lactic Acids 麻豆原创 Size by Region: 2023 Versus 2030
2.3 Lactic Acids Sales by Region (2019-2030)
2.3.1 Global Lactic Acids Sales by Region: 2019-2024
2.3.2 Global Lactic Acids Sales Forecast by Region (2025-2030)
2.3.3 Global Lactic Acids Sales 麻豆原创 Share by Region (2019-2030)
2.4 Lactic Acids 麻豆原创 Estimates and Projections by Region (2025-2030)
2.4.1 Global Lactic Acids Revenue by Region: 2019-2024
2.4.2 Global Lactic Acids Revenue Forecast by Region (2025-2030)
2.4.3 Global Lactic Acids Revenue 麻豆原创 Share by Region (2019-2030)
3 Global Lactic Acids by Manufacturers
3.1 Global Top Lactic Acids Manufacturers by Sales
3.1.1 Global Lactic Acids Sales by Manufacturer (2019-2024)
3.1.2 Global Lactic Acids Sales 麻豆原创 Share by Manufacturer (2019-2024)
3.2 Global Top Lactic Acids Manufacturers by Revenue
3.2.1 Global Lactic Acids Revenue by Manufacturer (2019-2024)
3.2.2 Global Lactic Acids Revenue Share by Manufacturer (2019-2024)
3.3 Global Lactic Acids Price by Manufacturer (2019-2024)
3.4 Competitive Landscape
3.4.1 Key Lactic Acids Manufacturers Covered: Ranking by Revenue
3.4.2 Global Lactic Acids 麻豆原创 Concentration Ratio (CR5 and HHI) & (2019-2024)
3.4.3 Global Lactic Acids 麻豆原创 Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.5 Global Lactic Acids Manufacturing Base Distribution, Product Type
3.5.1 Lactic Acids Manufacturers Manufacturing Base Distribution, Headquarters
3.5.2 Manufacturers Lactic Acids Product Type
3.5.3 Date of International Manufacturers Enter into Lactic Acids 麻豆原创
3.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Company Profiles
4.1 Corbion
4.1.1 Corbion Company Information
4.1.2 Corbion Description, Business Overview
4.1.3 Corbion Lactic Acids Products Offered
4.1.4 Corbion Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.1.5 Corbion Lactic Acids Sales by Product in 2023
4.1.6 Corbion Lactic Acids Sales by Application in 2023
4.1.7 Corbion Lactic Acids Sales by Geographic Area in 2023
4.1.8 Corbion Recent Developments
4.2 NatureWorks
4.2.1 NatureWorks Company Information
4.2.2 NatureWorks Description, Business Overview
4.2.3 NatureWorks Lactic Acids Products Offered
4.2.4 NatureWorks Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.2.5 NatureWorks Lactic Acids Sales by Product in 2023
4.2.6 NatureWorks Lactic Acids Sales by Application in 2023
4.2.7 NatureWorks Lactic Acids Sales by Geographic Area in 2023
4.2.8 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 Description, Business Overview
4.3.3 Henan Jindan Lactic Acid Technology Lactic Acids Products Offered
4.3.4 Henan Jindan Lactic Acid Technology Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.3.5 Henan Jindan Lactic Acid Technology Lactic Acids Sales by Product in 2023
4.3.6 Henan Jindan Lactic Acid Technology Lactic Acids Sales by Application in 2023
4.3.7 Henan Jindan Lactic Acid Technology Lactic Acids Sales by Geographic Area in 2023
4.3.8 Henan Jindan Lactic Acid Technology Recent Developments
4.4 Galactic
4.4.1 Galactic Company Information
4.4.2 Galactic Description, Business Overview
4.4.3 Galactic Lactic Acids Products Offered
4.4.4 Galactic Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.4.5 Galactic Lactic Acids Sales by Product in 2023
4.4.6 Galactic Lactic Acids Sales by Application in 2023
4.4.7 Galactic Lactic Acids Sales by Geographic Area in 2023
4.4.8 Galactic Recent Developments
4.5 BBCA Group
4.5.1 BBCA Group Company Information
4.5.2 BBCA Group Description, Business Overview
4.5.3 BBCA Group Lactic Acids Products Offered
4.5.4 BBCA Group Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.5.5 BBCA Group Lactic Acids Sales by Product in 2023
4.5.6 BBCA Group Lactic Acids Sales by Application in 2023
4.5.7 BBCA Group Lactic Acids Sales by Geographic Area in 2023
4.5.8 BBCA Group Recent Developments
4.6 Jungbunzlauer
4.6.1 Jungbunzlauer Company Information
4.6.2 Jungbunzlauer Description, Business Overview
4.6.3 Jungbunzlauer Lactic Acids Products Offered
4.6.4 Jungbunzlauer Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.6.5 Jungbunzlauer Lactic Acids Sales by Product in 2023
4.6.6 Jungbunzlauer Lactic Acids Sales by Application in 2023
4.6.7 Jungbunzlauer Lactic Acids Sales by Geographic Area in 2023
4.6.8 Jungbunzlauer Recent Development
4.7 Shandong Parkson Biotechnology
4.7.1 Shandong Parkson Biotechnology Company Information
4.7.2 Shandong Parkson Biotechnology Description, Business Overview
4.7.3 Shandong Parkson Biotechnology Lactic Acids Products Offered
4.7.4 Shandong Parkson Biotechnology Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.7.5 Shandong Parkson Biotechnology Lactic Acids Sales by Product in 2023
4.7.6 Shandong Parkson Biotechnology Lactic Acids Sales by Application in 2023
4.7.7 Shandong Parkson Biotechnology Lactic Acids Sales by Geographic Area in 2023
4.7.8 Shandong Parkson Biotechnology Recent Development
4.8 Musashino Chemical
4.8.1 Musashino Chemical Company Information
4.8.2 Musashino Chemical Description, Business Overview
4.8.3 Musashino Chemical Lactic Acids Products Offered
4.8.4 Musashino Chemical Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.8.5 Musashino Chemical Lactic Acids Sales by Product in 2023
4.8.6 Musashino Chemical Lactic Acids Sales by Application in 2023
4.8.7 Musashino Chemical Lactic Acids Sales by Geographic Area in 2023
4.8.8 Musashino Chemical Recent Development
4.9 Henan Xinghan Biotechnology
4.9.1 Henan Xinghan Biotechnology Company Information
4.9.2 Henan Xinghan Biotechnology Description, Business Overview
4.9.3 Henan Xinghan Biotechnology Lactic Acids Products Offered
4.9.4 Henan Xinghan Biotechnology Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.9.5 Henan Xinghan Biotechnology Lactic Acids Sales by Product in 2023
4.9.6 Henan Xinghan Biotechnology Lactic Acids Sales by Application in 2023
4.9.7 Henan Xinghan Biotechnology Lactic Acids Sales by Geographic Area in 2023
4.9.8 Henan Xinghan Biotechnology Recent Development
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 Description, Business Overview
4.10.3 Wuhan Sanjiang Space Good Biotech Lactic Acids Products Offered
4.10.4 Wuhan Sanjiang Space Good Biotech Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.10.5 Wuhan Sanjiang Space Good Biotech Lactic Acids Sales by Product in 2023
4.10.6 Wuhan Sanjiang Space Good Biotech Lactic Acids Sales by Application in 2023
4.10.7 Wuhan Sanjiang Space Good Biotech Lactic Acids Sales by Geographic Area in 2023
4.10.8 Wuhan Sanjiang Space Good Biotech Recent Development
4.11 Shandong Shouguang Juneng Golden
4.11.1 Shandong Shouguang Juneng Golden Company Information
4.11.2 Shandong Shouguang Juneng Golden Description, Business Overview
4.11.3 Shandong Shouguang Juneng Golden Lactic Acids Products Offered
4.11.4 Shandong Shouguang Juneng Golden Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.11.5 Shandong Shouguang Juneng Golden Lactic Acids Sales by Product in 2023
4.11.6 Shandong Shouguang Juneng Golden Lactic Acids Sales by Application in 2023
4.11.7 Shandong Shouguang Juneng Golden Lactic Acids Sales by Geographic Area in 2023
4.11.8 Shandong Shouguang Juneng Golden Recent Development
4.12 Shanxi Leda Biochemical
4.12.1 Shanxi Leda Biochemical Company Information
4.12.2 Shanxi Leda Biochemical Description, Business Overview
4.12.3 Shanxi Leda Biochemical Lactic Acids Products Offered
4.12.4 Shanxi Leda Biochemical Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.12.5 Shanxi Leda Biochemical Lactic Acids Sales by Product in 2023
4.12.6 Shanxi Leda Biochemical Lactic Acids Sales by Application in 2023
4.12.7 Shanxi Leda Biochemical Lactic Acids Sales by Geographic Area in 2023
4.12.8 Shanxi Leda Biochemical Recent Development
4.13 Shangdong Fullsail
4.13.1 Shangdong Fullsail Company Information
4.13.2 Shangdong Fullsail Description, Business Overview
4.13.3 Shangdong Fullsail Lactic Acids Products Offered
4.13.4 Shangdong Fullsail Lactic Acids Sales, Revenue and Gross Margin (2019-2024)
4.13.5 Shangdong Fullsail Lactic Acids Sales by Product in 2023
4.13.6 Shangdong Fullsail Lactic Acids Sales by Application in 2023
4.13.7 Shangdong Fullsail Lactic Acids Sales by Geographic Area in 2023
4.13.8 Shangdong Fullsail Recent Development
5 Breakdown Data by Type
5.1 Global Lactic Acids Sales by Type (2019-2030)
5.1.1 Global Lactic Acids Sales by Type (2019-2024)
5.1.2 Global Lactic Acids Sales Forecast by Type (2025-2030)
5.1.3 Global Lactic Acids Sales 麻豆原创 Share by Type (2019-2030)
5.2 Global Lactic Acids Revenue Forecast by Type (2019-2030)
5.2.1 Global Lactic Acids Revenue by Type (2019-2024)
5.2.2 Global Lactic Acids Revenue Forecast by Type (2025-2030)
5.2.3 Global Lactic Acids Revenue 麻豆原创 Share by Type (2019-2030)
5.3 Lactic Acids Average Selling Price (ASP) by Type (2019-2030)
6 Breakdown Data by Application
6.1 Global Lactic Acids Sales by Application (2019-2030)
6.1.1 Global Lactic Acids Sales by Application (2019-2024)
6.1.2 Global Lactic Acids Sales Forecast by Application (2025-2030)
6.1.3 Global Lactic Acids Sales 麻豆原创 Share by Application (2019-2030)
6.2 Global Lactic Acids Revenue Forecast by Application (2019-2030)
6.2.1 Global Lactic Acids Revenue by Application (2019-2024)
6.2.2 Global Lactic Acids Revenue Forecast by Application (2025-2030)
6.2.3 Global Lactic Acids Revenue 麻豆原创 Share by Application (2019-2030)
6.3 Lactic Acids Average Selling Price (ASP) by Application (2019-2030)
7 North America
7.1 North America Lactic Acids 麻豆原创 Size YoY Growth 2019-2030
7.2 North America Lactic Acids 麻豆原创 Facts & Figures by Country
7.2.1 North America Lactic Acids Sales by Country (2019-2030)
7.2.2 North America Lactic Acids Revenue by Country (2019-2030)
7.3 North America Lactic Acids Sales by Type (2019-2024)
7.4 North America Lactic Acids Sales by Application (2019-2024)
8 Asia-Pacific
8.1 Asia-Pacific Lactic Acids 麻豆原创 Size YoY Growth 2019-2030
8.2 Asia-Pacific Lactic Acids 麻豆原创 Facts & Figures by Region
8.2.1 Asia-Pacific Lactic Acids Sales by Region (2019-2030)
8.2.2 Asia-Pacific Lactic Acids Revenue by Region (2019-2030)
8.3 Asia-Pacific Lactic Acids Sales by Type (2019-2024)
8.4 Asia-Pacific Lactic Acids Sales by Application (2019-2024)
9 Europe
9.1 Europe Lactic Acids 麻豆原创 Size YoY Growth 2019-2030
9.2 Europe Lactic Acids 麻豆原创 Facts & Figures by Country
9.2.1 Europe Lactic Acids Sales by Country (2019-2030)
9.2.2 Europe Lactic Acids Revenue by Country (2019-2030)
9.3 Europe Lactic Acids Sales by Type (2019-2024)
9.4 Europe Lactic Acids Sales by Application (2019-2024)
10 Latin America
10.1 Latin America Lactic Acids 麻豆原创 Size YoY Growth 2019-2030
10.2 Latin America Lactic Acids 麻豆原创 Facts & Figures by Country
10.2.1 Latin America Lactic Acids Sales by Country (2019-2030)
10.2.2 Latin America Lactic Acids Revenue by Country (2019-2030)
10.3 Latin America Lactic Acids Sales by Type (2019-2024)
10.4 Latin America Lactic Acids Sales by Application (2019-2024)
11 Middle East and Africa
11.1 Middle East and Africa Lactic Acids 麻豆原创 Size YoY Growth 2019-2030
11.2 Middle East and Africa Lactic Acids 麻豆原创 Facts & Figures by Country
11.2.1 Middle East and Africa Lactic Acids Sales by Country (2019-2030)
11.2.2 Middle East and Africa Lactic Acids Revenue by Country (2019-2030)
11.3 Middle East and Africa Lactic Acids Sales by Type (2019-2024)
11.4 Middle East and Africa Lactic Acids Sales by Application (2019-2024)
12 Supply Chain and Sales Channel Analysis
12.1 Lactic Acids Supply Chain Analysis
12.2 Lactic Acids Key Raw Materials and Upstream Suppliers
12.3 Lactic Acids Clients Analysis
12.4 Lactic Acids Sales Channel and Sales Model Analysis
12.4.1 Lactic Acids Distribution Channel Analysis: Indirect Sales VS Direct Sales
12.4.2 Lactic Acids Distribution Channel Analysis: Online Sales VS Offline Sales
12.4.3 Lactic Acids Distributors
13 麻豆原创 Dynamics
13.1 Lactic Acids Industry Trends
13.2 Lactic Acids 麻豆原创 Drivers
13.3 Lactic Acids 麻豆原创 Challenges
13.4 Lactic Acids 麻豆原创 Restraints
14 Research Findings and Conclusion
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Author Details
15.3 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
听
听
*If Applicable.