Global L-Ammonium Lactate Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global L-Ammonium Lactate Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Ammonium lactate is a compound with formula NH4 (C2H4 (OH) COO). It is the ammonium salt of lactic acid. It has mild anti-bacterial properties.

According to our (Global Info Research) latest study, the global L-Ammonium Lactate market size was valued at US$ 1.1 million in 2023 and is forecast to a readjusted size of USD 1.3 million by 2030 with a CAGR of 2.8% during review period.

The global L-Ammonium Lactate industry has a rather high concentration. The major manufacturers are concentrated in China, North America, Europe, India and Asia Others, such as Corbion-Purac, Chattem Chemicals, Musashino Chemical, SHXSHW and Jindan. At present, Corbion-Purac is the world leader, holding 45% production market share.

The global L-Ammonium Lactate consumption market is led by Europe and Europe is the largest region consumption market, accounting for about 40% of global consumption of L-Ammonium Lactate.

L-Ammonium Lactate downstream is wide and recently L-Ammonium Lactate has acquired increasing significance in various fields of Skin Care, Feed Additives, Pharmaceutical and Others,. Globally, the L-Ammonium Lactate market is mainly driven by growing demand for Skin Care. Skin Care accounts for nearly 49% of total downstream consumption of L-Ammonium Lactate in global.

L-Ammonium Lactate can be mainly divided into General Grade and Cosmetic Grade which General Grade captures about 52% of L-Ammonium Lactate market. According to our research and analysis, manufacturers from Europe are the major leaders in the international market of L-Ammonium Lactate.

This report is a detailed and comprehensive analysis for global L-Ammonium Lactate 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 2024, are provided.

Key Features:

Global L-Ammonium Lactate market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global L-Ammonium Lactate market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global L-Ammonium Lactate market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global L-Ammonium Lactate market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

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 L-Ammonium Lactate

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 L-Ammonium Lactate 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-Purac, Chattem Chemicals, Musashino Chemical, SHXSHW, Jindan, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

L-Ammonium Lactate market is split by Type and by Application. For the period 2019-2030, 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.

Market segment by Type
General Grade
Cosmetic Grade

Market segment by Application
Skin Care
Feed Additives
Pharmaceutical
Others

Major players covered
Corbion-Purac
Chattem Chemicals
Musashino Chemical
SHXSHW
Jindan

Market 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 L-Ammonium Lactate product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of L-Ammonium Lactate, with price, sales quantity, revenue, and global market share of L-Ammonium Lactate from 2019 to 2024.

Chapter 3, the L-Ammonium Lactate competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the L-Ammonium Lactate breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

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 2019 to 2030.

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 2019 to 2024.and L-Ammonium Lactate market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

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 L-Ammonium Lactate.

Chapter 14 and 15, to describe L-Ammonium Lactate sales channel, distributors, customers, research findings and conclusion.