Lactic Acid Market by Application (Biodegradable Polymers, Food & Beverages, Pharmaceutical Products), Raw Materials, Form (Dry and Liquid), and Region, Polylactic Acid Market, Application, Form, and Region - Global Forecast to 2028

Lactic Acid Market by Application (Biodegradable Polymers, Food & Beverages, Pharmaceutical Products), Raw Materials, Form (Dry and Liquid), and Region, Polylactic Acid Market, Application, Form, and Region - Global Forecast to 2028



The global lactic acid market size is projected to reach USD 2.8 billion by 2028, recording a CAGR of 12.4%, in terms of value. The global polylactic acid market size is anticipated to reach USD 2.9 billion by 2028, recording a CAGR of 17.7%, in terms of value.

“Surging customer demand for sustainable substitutes of petrochemical-based products is significantly driving the growth of the lactic acid market.”

Growing environmental concerns have led to a greater emphasis on eco-friendly solutions. Lactic acid, derived from renewable sources like corn starch or sugarcane, offers a greener alternative to petrochemicals. As businesses strive to reduce their carbon footprint and promote sustainability, the demand for lactic acid has seen a notable surge. The biodegradable nature of lactic acid presents a significant advantage. It can naturally break down without leaving harmful residues or contributing to environmental pollution. This characteristic is particularly advantageous in industries that require biodegradable materials, such as packaging and plastics, where lactic acid can be a viable choice. Governments and regulatory bodies are increasingly promoting the use of sustainable alternatives to petrochemicals. Various initiatives and regulations encourage the adoption of bio-based and renewable materials, providing further impetus to the lactic acid market.

“Europe is anticipated to have the highest share in the polylactic acid market, valued at 33.4% during the forecast period.”

Europe accounts for USD 0.4 Billion of the market size in global market for polylactic acid in 2023. The polylactic acid (PLA) market in Europe is witnessing remarkable growth, driven by the region's strong focus on sustainability and environmental consciousness. There is a growing awareness among consumers, businesses, and governments regarding the negative environmental impact of traditional plastics. As a biodegradable and renewable alternative, PLA is being widely embraced as a solution to reduce plastic waste and carbon footprint. European governments have implemented stringent regulations and policies that encourage the use of sustainable materials and the reduction of plastic waste, providing a favorable environment for the adoption of bio-based and biodegradable plastics like PLA. The volume and environmental impact of some plastic items are both subject to EU regulations. The EU has taken measures to combat plastic pollution. Single-use plastic plates, cutlery, straws, balloon sticks, and cotton buds were outlawed beginning on July 3, 2021, on the markets of EU Member States. This regulatory support incentivizes companies to transition to PLA for packaging, food service products, and other applications, thereby propelling market growth.

“Corn is the most frequently employed raw material in the production of lactic acid.”

Corn is abundantly available and widely cultivated, making it a reliable and cost-effective source for lactic acid production. Its widespread cultivation provides a stable supply chain and ensures consistent availability of raw materials. Additionally, corn contains high levels of starch, which can be easily converted into glucose, the primary substrate for lactic acid fermentation. The efficient conversion of corn starch into glucose enables high yields and cost-effective production of lactic acid. Furthermore, the established infrastructure and expertise in corn processing make it a preferred choice for lactic acid manufacturers, allowing for efficient extraction and processing of the raw material. The utilization of corn as the primary raw material in lactic acid production aligns with its economic viability, availability, and ease of conversion, making it a practical and widely adopted choice in the industry.

“The bakery & confectionery sub-segment of the application segment of lactic acid market is anticipated to be valued the largest at USD 0.3 billion in 2028.”

The market for confectionery and bakery items is gradually rising due to the rise in convenience food demand and consumer desire for enticing, delectable, and textural treats. The availability, affordability, and nutritional value of bakery goods are further elements influencing their continued existence in the modern market. Products from bakeries have become a staple in the diets of many customers. This has increased demand for the various baking ingredients used to create savory and textured baked goods. The American Bakers Association estimates that bakery products represent around 2.1% of the US gross domestic product. Lactic acid serves as a versatile ingredient that enhances the quality and shelf life of bakery and confectionery products. It acts as a natural preservative, inhibiting the growth of mold and bacteria, thereby extending the product's freshness and reducing the need for artificial additives. Moreover, lactic acid contributes to the desirable texture, flavor, and color development in baked goods and confections. It imparts a mild tanginess, which adds complexity and depth to the taste profile of various products, including bread, pastries, and candies. With the rising consumer demand for natural ingredients, lactic acid's ability to perform multiple functions while aligning with clean-label requirements has made it an attractive choice for the bakery and confectionery industry.

“The liquid segment of the global lactic acid market is projected to grow and have the largest market share for the forecasted year.“

In 2023, the market was led by the liquid form category. The versatility of liquid lactic acid is expected to be a significant driver of its market growth. Liquid lactic acid offers a wide range of applications across various industries, including food and beverages, pharmaceuticals, personal care, and cleaning products. Its fluid form allows for easy incorporation into different formulations, making it adaptable to diverse product requirements. In the food industry, liquid lactic acid serves as a natural preservative, pH regulator, and flavor enhancer, enhancing the shelf life and taste of various products. It finds use in dairy, bakery, confectionery, and meat processing, among others. In the pharmaceutical industry, liquid lactic acid is utilized for drug formulation, controlled-release systems, and as a chiral intermediate in the synthesis of active pharmaceutical ingredients. The personal care industry benefits from its use in skincare, hair care, and cosmetic products due to its moisturizing, exfoliating, and pH-balancing properties. Additionally, liquid lactic acid plays a vital role in the production of biodegradable polymers, cleaning agents, and industrial applications. With its wide-ranging applications and versatility, the market for liquid lactic acid is poised for growth as industries increasingly recognize its benefits and utilize it in innovative ways..

The break-up of the profile of primary participants in the lactic acid market:

By Company: Tier 1- 35%, Tier 2- 25%, Tier 3 – 40%

By Designation: Managers – 40%, CXOs – 35%, and Executives- 25%

By Region: North America – 15%, Europe – 30%, Asia Pacific -45%, RoW - 10%

Prominent companies include Corbion (Netherlands), Cargill, Incorporated (US), Galactic (Belgium), Unitika Ltd (Japan), Henan Jindan lactic acid Technology Co., Ltd. (China), TORAY INDUSTRIES, INC. (Japan), Sulzer Ltd (China), and others.

Research Coverage:

In this report, the lactic acid market has been categorized by raw materials (corn, cassava, sugarcane, yeast extract. and others), form (dry, liquid), application (biodegradable polymers, food & beverages, pharmaceutical products), and region. The polylactic acid market has been segmented by application (packaging, fiber & fabrics, agriculture) and region. . The report's coverage includes specific information on the key elements—such as drivers, restraints, challenges, and opportunities—influencing the market for lactic acid. A comprehensive evaluation of the top industry players has been conducted to provide insights into their business overview, products, and services; important strategies; contracts, partnerships, agreements, the introduction of new products and services, acquisitions and mergers, and current trends affecting the lactic acid market. This research covers competitive analysis of future startups in the lactic acid market environment.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall lactic acid market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (High demand for lactic acid and polylactic acid in end-user applications), restraints (Fluctuations in raw material prices), opportunities (Government regulations and frameworks to encourage the use of bioplastics), and challenges (High initial investment costs involved for small & medium enterprises) influencing the growth of the lactic acid market.

Product Development/Innovation: Detailed insights on research & development activities, and new product & service launches in the lactic acid market.

Market Development: Comprehensive information about lucrative markets – the report analyses the lactic acid market across varied regions.

Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the lactic acid market.

Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Corbion (Netherlands), Cargill, Incorporated (US), Galactic (Belgium), and Unitika Ltd (Japan), among others in the lactic acid market strategies.


1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
Figure 1 Market Segmentation
1.3.1 Regions Covered
Figure 2 Regional Segmentation
1.4 Years Considered
Figure 3 Years Considered
1.5 Currency Considered
Table 1 Usd Exchange Rates Considered, 2019–2022
1.6 Units Considered
1.7 Stakeholders
1.8 Summary Of Changes
1.8.1 Recession Impact
2 Research Methodology
2.1 Research Data
Figure 4 Lactic Acid Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primary Interviews
Figure 5 Breakdown Of Primary Interviews: By Value Chain, Designation, And Region
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand-side Analysis
Figure 6 Key Economies Based On Gross Domestic Product, 2019–2021 (Usd Trillion)
2.2.3 Supply-side Analysis
2.3 Market Size Estimation
2.3.1 Approach One (Based On Application And Form, By Region)
2.3.2 Approach One (Based On Application, By Region)
2.3.3 Approach Two (Based On Global Market)
2.4 Data Triangulation
Figure 7 Data Triangulation And Market Breakdown
2.5 Research Assumptions
2.6 Research Limitations
2.7 Recession Impact Analysis
Figure 8 Indicators Of Recession
Figure 9 World Inflation Rate: 2011–2021
Figure 10 Global Gross Domestic Product: 2011–2021 (Usd Trillion)
Figure 11 Recession Indicators And Their Impact On Lactic Acid Market
Figure 12 Global Lactic Acid Market: Current Forecast Vs. Recession Forecast
Figure 13 Global Polylactic Acid Market: Current Forecast Vs. Recession Forecast
3 Executive Summary
Table 2 Lactic Acid Market Snapshot, 2023 Vs. 2028
Figure 14 Lactic Acid Market Size, By Application, 2023 Vs. 2028 (Usd Million)
Figure 15 Lactic Acid Market Size, By Food & Beverages Sub-application, 2023 Vs. 2028 (Usd Million)
Figure 16 Polylactic Acid Market Size, By Application, 2023 Vs. 2028 (Usd Million)
Figure 17 Lactic Acid Market Size, By Form, 2023 Vs. 2028 (Usd Million)
Figure 18 Lactic Acid Market Size, By Raw Material, 2023 Vs. 2028 (Usd Million)
Figure 19 Regional Snapshot Of Lactic Acid Market
Figure 20 Regional Snapshot Of Polylactic Acid Market
4 Premium Insights
4.1 Attractive Opportunities For Key Players In Market
Figure 21 Increase In Demand For Processed And Packaged Food & Beverages Projected To Drive Market Growth
4.2 Attractive Opportunities In Polylactic Acid Market
Figure 22 Biodegradable Properties Of Pla Projected To Drive Market Growth
4.3 Global Lactic Acid Market: Shares Of Major Regional Submarkets
Figure 23 China Holds Largest Market For Lactic Acid In 2023
4.4 Global Polylactic Acid Market: Shares Of Major Regional Submarkets
Figure 24 China Holds Largest Market For Polylactic Acid In 2023
4.5 North America: Lactic Acid Market, By Application & Key Country
Figure 25 Bio-degradable Polymers Accounted For Largest Market Share In North America
4.6 Europe: Polylactic Acid Market, By Application & Key Country
Figure 26 Packaging Accounted For Largest Market Share In North America
4.7 Global Lactic Acid Market, By Raw Material & Region
Figure 27 North America And Sugarcane Projected To Dominate Market
4.8 Global Lactic Acid Market, By Form
Figure 28 Liquid Form Projected To Dominate Market During Forecast Period
4.9 Global Lactic Acid Market, By Application
Figure 29 Biodegradable Polymers Projected To Dominate Market
4.10 Lactic Acid Market, By Food & Beverage Sub-application
Figure 30 Bakery & Confectionery Expected To Register Growth In Market
4.11 Global Polylactic Acid Market, By Application
Figure 31 Packaging Projected To Dominate Polylactic Acid Market
5 Market Overview
5.1 Introduction
Figure 32 Bioplastics: Global Production Capacity, 2021–2027 (Million Ton)
5.2 Market Dynamics
Figure 33 Lactic Acid & Polylactic Acid Market Dynamics
5.2.1 Drivers
5.2.1.1 High Demand For Lactic & Polylactic Acid In End User Applications
Figure 34 Polylactic Acid: Global Production Capacity, By End User Application, 2022
5.2.1.2 Rising Demand For Environmentally Friendly Resources
5.2.1.3 Technological Advancements To Encourage Production Of Lactic & Polylactic Acid
Figure 35 Global Expenditure On R&D, 2019-2021 (Usd Million)
5.2.2 Restraints
5.2.2.1 Fluctuations In Raw Material Prices
5.2.2.2 Quality Of Packaged Food & Beverage Products To Become Major Concern For Manufacturers
5.2.3 Opportunities
5.2.3.1 Multi-functionalities Of Lactic & Polylactic Acids Leading To Increased Demand For Biopolymers And Cosmetic Products
5.2.3.2 Government Regulations And Frameworks Encouraging Use Of Bioplastics
5.2.4 Challenges
5.2.4.1 Lack Of Process-specific Technology For Usage Of Lactic & Polylactic Acids In Emerging Economies
5.2.4.2 High Initial Investment Costs Borne By Small & Medium Enterprises
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
Figure 36 Lactic Acid Market: Value Chain Analysis
6.2.1 Research And Product Development
6.2.2 Raw Material Sourcing
6.2.3 Production And Processing
6.2.4 Distribution
6.2.5 Marketing And Sales
6.3 Trends/Disruptions Impacting Customers’ Businesses
Figure 37 Revenue Shift For Lactic Acid Market
6.4 Tariff And Regulatory Landscape
Table 3 North America: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 4 Europe: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 5 Asia Pacific: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 6 South America: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 7 Rest Of The World: Regulatory Bodies, Government Agencies, And Other Organizations
6.5 Regulatory Framework
6.5.1 North America
6.5.2 Europe
6.5.3 Asia
6.5.4 Others
6.6 Patent Analysis
Figure 38 Number Of Patents Granted For Lactic Acid In Global Market, 2013–2022
Figure 39 Regional Analysis Of Patents Granted In Lactic Acid Market
Table 8 List Of Major Patents Pertaining To Lactic Acid Market, 2013–2022
6.7 Trade Analysis
Table 9 Import Value Of Lactic Acid For Key Countries, 2022 (Usd Thousand)
Table 10 Export Value Of Lactic Acid For Key Countries, 2022 (Usd Thousand)
6.8 Pricing Analysis
6.8.1 Average Selling Price Trend Analysis
Table 11 Lactic Acid Market: Average Selling Price, By Region, 2020–2022 (Usd Per Ton)
Table 12 Polylactic Acid Market: Average Selling Price, By Region, 2020–2022 (Usd Per Ton)
6.9 Lactic Acid Market: Ecosystem Market Map
6.9.1 Demand Side
6.9.2 Supply Side
Figure 40 Lactic Acid: Market Map
Table 13 Lactic Acid Market: Ecosystem
6.10 Technology Analysis
6.10.1 Immobilized Bioreactor Design For Lactic Acid (La) Production
6.10.2 Genetic And Metabolic Engineering
6.11 Case Studies
6.11.1 Enhanced Resource Efficiency With New Enzyme Development In Adjunct Brewing
6.12 Porter’s Five Forces Analysis
Table 14 Lactic Acid Market: Porter’s Five Forces Analysis
6.12.1 Intensity Of Competitive Rivalry
6.12.2 Bargaining Power Of Suppliers
6.12.3 Bargaining Power Of Buyers
6.12.4 Threat Of Substitutes
6.12.5 Threat Of New Entrants
6.13 Key Stakeholders And Buying Criteria
6.13.1 Key Stakeholders In Buying Process
6.13.2 Key Stakeholders And Buying Criteria
Figure 41 Influence Of Stakeholders On Buying Lactic Acid For Different Applications
6.13.3 Key Stakeholders And Buying Criteria
Figure 42 Influence Of Stakeholders On Buying Polylactic Acid For Different Applications
Table 15 Influence Of Stakeholders On Buying Process For Lactic Acid, By Application (%)
Table 16 Influence Of Stakeholders On Buying Process For Polylactic Acid, By Application (%)
6.13.4 Buying Criteria
Table 17 Key Criteria For Selecting Supplier/Vendor
Figure 43 Key Criteria For Selecting Suppliers/Vendors
6.14 Key Conferences And Events (2023–2024)
Table 18 Key Conferences And Events In Lactic Acid Market, 2023–2024
7 Lactic Acid Market, By Raw Materials
7.1 Introduction
Figure 44 Lactic Acid Market Size (Value), By Raw Material, 2023 Vs. 2028
Table 19 Lactic Acid Market Size, By Raw Materials, 2018–2022 (Usd Million)
Table 20 Lactic Acid Market Size, By Raw Materials, 2023–2028 (Usd Million)
7.2 Corn
7.2.1 Cost-effectiveness And Appropriate Composition To Make It Preferred Raw Material
Table 21 Lactic Acid Market Size In Corn, By Region, 2018–2022 (Usd Million)
Table 22 Lactic Acid Market Size In Corn, By Region, 2023–2028 (Usd Million)
7.3 Cassava
7.3.1 High Content Of Starch In Cassava To Make It Appropriate Raw Material
Table 23 Lactic Acid Market Size In Cassava, By Region, 2018–2022 (Usd Million)
Table 24 Lactic Acid Market Size In Cassava, By Region, 2023–2028 (Usd Million)
7.4 Sugarcane
7.4.1 Sugarcane Bagasse To Be Obtained From Agriculture And Distributed For Recycling
Table 25 Lactic Acid Market Size In Sugarcane, By Region, 2018–2022 (Usd Million)
Table 26 Lactic Acid Market Size In Sugarcane, By Region, 2023–2028 (Usd Million)
7.5 Yeast Extract
7.5.1 Yeast Extract To Facilitate Fermentation Procedure
Table 27 Lactic Acid Market Size In Yeast Extract, By Region, 2018–2022 (Usd Million)
Table 28 Lactic Acid Market Size In Yeast Extract, By Region, 2023–2028 (Usd Million)
7.6 Others
7.6.1 Lignocellulosic Agricultural Waste To Be Found In Abundance
Table 29 Lactic Acid Market Size In Agriculture, By Region, 2018–2022 (Usd Million)
Table 30 Lactic Acid Market Size In Agriculture, By Region, 2023–2028 (Usd Million)
8 Lactic Acid Market, By Form
8.1 Introduction
Figure 45 Lactic Acid Market Size, By Form, 2023 Vs. 2028 (Usd Million)
Table 31 Lactic Acid Market Size, By Form, 2018–2022 (Usd Million)
Table 32 Lactic Acid Market Size, By Form, 2023–2028 (Usd Million)
8.2 Liquid
8.2.1 Ease Of Use In Various Applications To Encourage Lactic Acid Usage In Liquid Form
Table 33 Liquid Lactic Acid Market Size, By Region, 2018–2022 (Usd Million)
Table 34 Liquid Lactic Acid Market Size, By Region, 2023–2028 (Usd Million)
8.3 Dry
8.3.1 Dry Form To Enable Improved Accuracy Of Dosages
Table 35 Dry Lactic Acid Market Size, By Region, 2018–2022 (Usd Million)
Table 36 Dry Lactic Acid Market Size, By Region, 2023–2028 (Usd Million)
9 Lactic Acid Market, By Application
9.1 Introduction
Figure 46 Lactic Acid Market Share (Value), By Application, 2023 Vs. 2028
Table 37 Lactic Acid Market Size, By Application, 2018–2022 (Usd Million)
Table 38 Lactic Acid Market Size, By Application, 2023–2028 (Usd Million)
9.2 Biodegradable Polymers
Table 39 Lactic Acid Market Size In Biodegradable Polymers, By Region, 2018–2022 (Usd Million)
Table 40 Lactic Acid Market Size In Biodegradable Polymers, By Region, 2023–2028 (Usd Million)
9.3 Food & Beverages
Table 41 Lactic Acid Market Size In Food & Beverages, By Region, 2018–2022 (Usd Million)
Table 42 Lactic Acid Market Size In Food & Beverages, By Region, 2023–2028 (Usd Million)
Table 43 Lactic Acid Market Size In Food & Beverages, By Sub-application, 2018–2022 (Usd Million)
Table 44 Lactic Acid Market Size In Food & Beverages, By Application, 2023–2028 (Usd Million)
9.3.1 Beverages
9.3.1.1 Use Of Lactic Acid In Beverages For Superior Shelf Life
Table 45 Lactic Acid Market Size In Beverages, By Region, 2018–2022 (Usd Million)
Table 46 Lactic Acid Market Size In Beverages, By Region, 2023–2028 (Usd Million)
9.3.2 Bakery & Confectionery Products
9.3.2.1 Usage Of Lactic Acid To Increase Shelf Life Of Bakery & Confectionery
Table 47 Lactic Acid Market Size In Bakery & Confectionery Products, By Region, 2018–2022 (Usd Million)
Table 48 Lactic Acid Market Size In Bakery & Confectionery Products, By Region, 2023–2028 (Usd Million)
9.3.3 Dairy Products
9.3.3.1 Mineral Salts Of Lactic Acid To Fortify Dairy Products
Table 49 Lactic Acid Market Size In Dairy Products, By Region, 2018–2022 (Usd Million)
Table 50 Lactic Acid Market Size In Dairy Products, By Region, 2023–2028 (Usd Million)
9.3.4 Meat Products
9.3.4.1 Lactic Acid To Preserve Taste And Tenderness Of Meat & Products
Table 51 Lactic Acid Market Size In Meat Products, By Region, 2018–2022 (Usd Million)
Table 52 Lactic Acid Market Size In Meat Products, By Region, 2023–2028 (Usd Million)
9.3.5 Other Food Products
9.3.5.1 Lactic Acid To Replace Acetic Acid And Vinegar As Food Additives
Table 53 Lactic Acid Market Size In Other Food Products, By Region, 2018–2022 (Usd Million)
Table 54 Lactic Acid Market Size In Other Food Products, By Region, 2023–2028 (Usd Million)
9.4 Personal Care Products
9.4.1 Consumer Preference To Encourage Demand For Clean-label Personal Care And Cosmetic Products
Table 55 Lactic Acid Market Size In Personal Care Products, By Region, 2018–2022 (Usd Million)
Table 56 Lactic Acid Market Size In Personal Care Products, By Region, 2023–2028 (Usd Million)
9.5 Pharmaceutical Products
9.5.1 Lactic Acid To Be Used As Electrolyte In Parenteral & Intravenous Solutions
Table 57 Lactic Acid Market Size In Pharmaceutical Products, By Region, 2018–2022 (Usd Million)
Table 58 Lactic Acid Market Size In Pharmaceutical Products, By Region, 2023–2028 (Usd Million)
9.6 Other Applications
9.6.1 Lactic Acid To Be Used In Various Applications Due To Its Non-toxic Biodegradable Nature
Table 59 Lactic Acid Market Size In Other Applications, By Region, 2018–2022 (Usd Million)
Table 60 Lactic Acid Market Size In Other Applications, By Region, 2023–2028 (Usd Million)
10 Polylactic Acid Market, By Application
10.1 Introduction
Figure 47 Polylactic Acid Market Size (Value), By Application, 2023 Vs. 2028
Table 61 Polylactic Acid Market Size, By Application, 2018–2022 (Usd Million)
Table 62 Polylactic Acid Market Size, By Application, 2023–2028 (Usd Million)
10.2 Packaging
Table 63 Polylactic Acid Market Size In Packaging, By Region, 2018–2022 (Usd Million)
Table 64 Polylactic Acid Market Size In Packaging, By Region, 2023–2028 (Usd Million)
10.2.1 Rigid Packaging
10.2.1.1 Polylactic Acid-based Rigid Packaging To Be Used In Biodegradable And Compostable Food Services Packages
10.2.2 Compost Bags
10.2.2.1 Usage Of Composite Bags To Mitigate Organic Waste
10.2.3 Loose-fill Packaging
10.2.3.1 Loose-fill Packaging To Help Reduce Freight Cost
10.3 Fiber & Fabrics
10.3.1 Renewable Nature And Transformation Energy Of Pla To Drive Demand In Textile
Table 65 Polylactic Acid Market Size In Fiber & Fabrics, By Region, 2018–2022 (Usd Million)
Table 66 Polylactic Acid Market Size In Fiber & Fabrics, By Region, 2023–2028 (Usd Million)
10.4 Automobiles
10.4.1 Increased Preference For Tensile Plastic Alternative To Fuel Demand
Table 67 Polylactic Acid Market Size In Automobiles, By Region, 2018–2022 (Usd Million)
Table 68 Polylactic Acid Market Size In Automobiles, By Region, 2023–2028 (Usd Million)
10.5 Electronics & Electricals
10.5.1 Usage Of Polylactic Acid In Electronics To Remain Low
Table 69 Polylactic Acid Market Size In Electronics & Electricals, By Region, 2018–2022 (Usd Million)
Table 70 Polylactic Acid Market Size In Electronics & Electricals, By Region, 2023–2028 (Usd Million)
10.6 Agriculture
10.6.1 Polylactic Acid To Replace Mulch Films In Agriculture
Table 71 Polylactic Acid Market Size In Agriculture, By Region, 2018–2022 (Usd Million)
Table 72 Polylactic Acid Market Size In Agriculture, By Region, 2023–2028 (Usd Million)
10.7 Other Applications
10.7.1 Polylactic Acid To Be Used In Various Applications Due To Its Biocompatible Nature
Table 73 Polylactic Acid Market Size In Other Applications, By Region, 2018–2022(Usd Million)
Table 74 Polylactic Acid Market Size In Other Applications, By Region, 2023–2028 (Usd Million)
11 Lactic Acid Market, By Region
11.1 Introduction
Figure 48 Regional Snapshot: New Hotspots To Emerge In Asia Pacific, 2023 Vs. 2028
Table 75 Lactic Acid Market, By Region, 2018–2022 (Usd Million)
Table 76 Lactic Acid Market, By Region, 2023–2028 (Usd Million)
Table 77 Lactic Acid Market, By Region, 2018–2022 (Kt)
Table 78 Lactic Acid Market, By Region, 2023–2028 (Kt)
11.2 North America
Figure 49 North America: Lactic Acid Market Snapshot
11.2.1 North America: Recession Impact
Figure 50 North American Lactic Acid Market: Recession Impact Analysis
Table 79 North America: Lactic Acid Market, By Country, 2018–2022 (Usd Million)
Table 80 North America: Lactic Acid Market, By Country, 2023–2028 (Usd Million)
Table 81 North America: Lactic Acid Market, By Country, 2018–2022 (Kt)
Table 82 North America: Lactic Acid Market, By Country, 2023–2028 (Kt)
Table 83 North America: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 84 North America: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
Table 85 North America: Lactic Acid Market In Food & Beverages, By Sub-application, 2018–2022 (Usd Million)
Table 86 North America: Lactic Acid Market Size In Food & Beverages, By Sub-application, 2023–2028 (Usd Million)
Table 87 North America: Lactic Acid Market, By Raw Materials, 2018–2022 (Usd Million)
Table 88 North America: Lactic Acid Market, By Raw Materials, 2023–2028 (Usd Million)
Table 89 North America: Lactic Acid Market, By Form, 2018–2022 (Usd Million)
Table 90 North America: Lactic Acid Market, By Form, 2023–2028 (Usd Million)
11.2.2 Us
11.2.2.1 Increase In Investments, Expansions, And Product Launches To Encourage Growth Of Bioplastics & Biopolymers
Table 91 Us: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 92 Us: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
11.2.3 Canada
11.2.3.1 Reducing Plastic Waste And Enhancing Environmental Sustainability To Increase Demand For Alternative Materials And Packaging Solutions
Table 93 Canada: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 94 Canada: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
11.2.4 Mexico
11.2.4.1 Use Of Biodegradable Plastics In Various Food Packaging Applications To Drive Demand For Lactic Acid
Table 95 Mexico: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 96 Mexico: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
11.3 Europe
11.3.1 Europe: Recession Impact
Table 97 Europe: Lactic Acid Market, By Country, 2018–2022 (Usd Million)
Table 98 Europe: Lactic Acid Market, By Country, 2023–2028 (Usd Million)
Table 99 Europe: Lactic Acid Market, By Country, 2018–2022 (Kt)
Table 100 Europe: Lactic Acid Market, By Country, 2023–2028 (Kt)
Table 101 Europe: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 102 Europe: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
Table 103 Europe: Lactic Acid Market In Food & Beverages, By Sub-application, 2018–2022 (Usd Million)
Table 104 Europe: Lactic Acid Market In Food & Beverages, By Sub-application, 2023–2028 (Usd Million)
Table 105 Europe: Lactic Acid Market, By Raw Materials, 2018–2022 (Usd Million)
Table 106 Europe: Lactic Acid Market, By Raw Materials, 2023–2028 (Usd Million)
Table 107 Europe: Lactic Acid Market, By Form, 2018–2022 (Usd Million)
Table 108 Europe: Lactic Acid Market, By Form, 2023–2028 (Usd Million)
11.3.2 Germany
11.3.2.1 Government Regulations To Encourage Recycling Of Packaging Waste
Table 109 Germany: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 110 Germany: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
11.3.3 Italy
11.3.3.1 Ban On Conventional Plastic Items To Enhance Demand For Bioplastic Materials
Table 111 Italy: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 112 Italy: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
11.3.4 Spain
11.3.4.1 Growing Awareness Regarding Use Of Biodegradable Polymers To Boost Market
Table 113 Spain: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 114 Spain: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
11.3.5 France
11.3.5.1 Demand For Lactic Acid As Functional Additive To Drive Market Growth
Table 115 France: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 116 France: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
11.3.6 Uk
11.3.6.1 Demand For Bioplastic & Biopolymer Products Projected To Grow During Forecast Period
Table 117 Uk: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 118 Uk: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
11.3.7 Rest Of Europe
11.3.7.1 Poland, Netherlands, And Belgium To Be Major Consumers Of Lactic Acid
Table 119 Rest Of Europe: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 120 Rest Of Europe: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
11.4 Asia Pacific
Figure 51 Asia Pacific: Lactic Acid Market Snapshot
11.4.1 Asia Pacific: Recession Impact
Table 121 Asia Pacific: Lactic Acid Market, By Country, 2018–2022 (Usd Million)
Table 122 Asia Pacific: Lactic Acid Market, By Country, 2023–2028 (Usd Million)
Table 123 Asia Pacific: Lactic Acid Market, By Country, 2018–2022 (Kt)
Table 124 Asia Pacific: Lactic Acid Market, By Country, 2023–2028 (Kt)
Table 125 Asia Pacific: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 126 Asia Pacific: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
Table 127 Asia Pacific: Lactic Acid Market In Food & Beverages, By Sub-application, 2018–2022 (Usd Million)
Table 128 Asia Pacific: Lactic Acid Market In Food & Beverages, By Sub-application, 2023–2028 (Usd Million)
Table 129 Asia Pacific: Lactic Acid Market, By Raw Materials, 2018–2022 (Usd Million)
Table 130 Asia Pacific: Lactic Acid Market, By Raw Materials, 2023–2028 (Usd Million)
Table 131 Asia Pacific: Lactic Acid Market, By Form, 2018–2022 (Usd Million)
Table 132 Asia Pacific: Lactic Acid Market, By Form, 2023–2028 (Usd Million)
11.4.2 China
11.4.2.1 High Demand For Lactic Acid Among Key Players To Drive Growth Of Biodegradable Polymers
Table 133 China: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 134 China: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
11.4.3 Japan
11.4.3.1 Advancements In Pharmaceuticals To Drive Market Growth
Table 135 Japan: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 136 Japan: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
11.4.4 India
11.4.4.1 Advancements In Technology For Lactic Acid Usage In Food & Beverage Applications To Drive Market Growth
Table 137 India: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 138 India: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
11.4.5 Australia & New Zealand
11.4.5.1 Rising Demand For Natural And Safe Ingredients In Personal Care Products To Lead To Market Growth
Table 139 Australia & New Zealand: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 140 Australia & New Zealand: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
11.4.6 Rest Of Asia Pacific
11.4.6.1 Food & Beverage Manufacturers To Opt For Lactic Acid As Alternative To Traditional Chemicals
Table 141 Rest Of Asia Pacific: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 142 Rest Of Asia Pacific: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
11.5 Row
11.5.1 Row: Recession Impact
Table 143 Row: Lactic Acid Market, By Country, 2018–2022 (Usd Million)
Table 144 Row: Lactic Acid Market, By Country, 2023–2028 (Usd Million)
Table 145 Row: Lactic Acid Market, By Region, 2018–2022 (Kt)
Table 146 Row: Lactic Acid Market, By Region, 2023–2028 (Kt)
Table 147 Row: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 148 Row: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
Table 149 Row: Lactic Acid Market In Food & Beverages, By Sub-application, 2018–2022 (Usd Million)
Table 150 Row: Lactic Acid Market Size In Food & Beverages, By Sub-application, 2023–2028 (Usd Million)
Table 151 Row: Lactic Acid Market, By Raw Materials, 2018–2022 (Usd Million)
Table 152 Row: Lactic Acid Market, By Raw Materials, 2023–2028 (Usd Million)
Table 153 Row: Lactic Acid Market, By Form, 2018–2022 (Usd Million)
Table 154 Row: Lactic Acid Market, By Form, 2023–2028 (Usd Million)
11.5.2 South America
11.5.2.1 Biodegradable Polymers To Witness Significant Demand As Key Companies Set Up Manufacturing Units In South America
Table 155 South America: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 156 South America: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
11.5.3 Middle East
11.5.3.1 Expansion Of Food Processing Industry To Drive Market Growth
Table 157 Middle East: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 158 Middle East: Lactic Acid Market, By Application, 2023–2028 (Usd Million)
11.5.4 Africa
11.5.4.1 Rising Plastic Usage To Lead To Increased Demand For Lactic Acid In Africa
Table 159 Africa: Lactic Acid Market, By Application, 2018–2022 (Usd Million)
Table 160 Africa: Lactic Acid Market, By Application, 2023–2028 (Usd Million)

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