Global Lactic Acids Market Research Report 2022

Global Lactic Acids Market Research Report 2022

Summary

Market Analysis and Insights: Global Lactic Acids Market
Due to the COVID-19 pandemic, the global Lactic Acids market size is estimated to be worth US$ 1360.90 million in 2022 and is forecast to a readjusted size of US$ 1874.48 million by 2028 with a CAGR of 5.48% during the review period. Fully considering the economic change by this health crisis.
North America Lactic Acids market is estimated at US$ 521.03 million in 2021, while Europe is forecast to reach US$ 563.67 million by 2028. The proportion of the North America is 26.56% in 2021, while Europe percentage is 13.69%, and it is predicted that Europe share will reach 15.34% in 2028, trailing a CAGR of 8.58% through the analysis period.
The global major manufacturers of Lactic Acids include Corbion, NatureWorks, Henan Jindan Lactic Acid Technology, Galactic, BBCA Group, Jungbunzlauer, Shandong Parkson Biotechnology, Musashino Chemical, and Henan Xinghan Biotechnology, etc. In terms of revenue, the global 3 largest players have a 67.04% market share of Lactic Acids in 2021.
Global Lactic Acids Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Lactic Acids Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
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

Production by Region
North America
China
North America
SEA
Europe

Consumption by Region
North America
U.S.
Canada
Mexico

Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia

Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe

South America
Brazil
Argentina
Rest of South America


1 LACTIC ACIDS MARKET OVERVIEW
1.1 Product Overview and Scope of Lactic Acids
1.2 Lactic Acids Segment by Type
1.2.1 Global Lactic Acids Market Size Growth Rate Analysis by Type: 2022 VS 2028
1.2.2 L-Lactic Acid
1.2.3 D-Lactic Acid
1.2.4 DL-Lactic Acid
1.3 Lactic Acids Segment by Application
1.3.1 Global Lactic Acids Market Size Growth Rate Analysis by Application: 2022 VS 2028
1.3.2 Food & Beverage
1.3.3 Polylactic Acid
1.3.4 Industrial
1.3.5 Pharmaceutical
1.3.6 Personal Care
1.4 Global Market Growth Prospects
1.4.1 Global Lactic Acids Revenue Estimates and Forecasts (2017-2028)
1.4.2 Global Lactic Acids Production Capacity Estimates and Forecasts (2017-2028)
1.4.3 Global Lactic Acids Production Estimates and Forecasts (2017-2028)
1.5 Global Market Size by Region
1.5.1 Global Lactic Acids Market Size Estimates and Forecasts by Region: 2017 VS 2022 VS 2028
1.5.2 China Lactic Acids Estimates and Forecasts (2017-2028)
1.5.3 North America Lactic Acids Estimates and Forecasts (2017-2028)
1.5.4 Southeast Asia Lactic Acids Estimates and Forecasts (2017-2028)
1.5.5 Europe Lactic Acids Estimates and Forecasts (2017-2028)
2 MARKET COMPETITION BY MANUFACTURERS
2.1 Global Lactic Acids Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Lactic Acids Revenue Market Share by Manufacturers (2017-2022)
2.3 Lactic Acids Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.4 Global Lactic Acids Average Price by Manufacturers (2017-2022)
2.5 Manufacturers Lactic Acids Production Sites, Product Type
2.6 Lactic Acids Market Competitive Situation and Trends
2.6.1 Lactic Acids Market Concentration Rate
2.6.2 Global 5 Largest Lactic Acids Players Market Share by Revenue
2.6.3 Mergers & Acquisitions, Expansion
3 PRODUCTION CAPACITY BY REGION
3.1 Global Production Capacity of Lactic Acids Market Share by Region (2017-2022)
3.2 Global Lactic Acids Revenue Market Share by Region (2017-2022)
3.3 Global Lactic Acids Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 China Lactic Acids Production (2017-2022)
3.4.1 China Lactic Acids Production Growth Rate (2017-2022)
3.4.2 China Lactic Acids Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 North America Lactic Acids Production
3.5.1 North America Lactic Acids Production Growth Rate (2017-2022)
3.5.2 North America Lactic Acids Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 Southeast Asia Lactic Acids Production (2017-2022)
3.6.1 Southeast Asia Lactic Acids Production Growth Rate (2017-2022)
3.6.2 Southeast Asia Lactic Acids Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Europe Lactic Acids Production
3.7.1 Europe Lactic Acids Production Growth Rate (2017-2022)
3.7.2 Europe Lactic Acids Production Capacity, Revenue, Price and Gross Margin (2017-2022)
4 LACTIC ACIDS CONSUMPTION BY REGION
4.1 Global Lactic Acids Consumption by Region
4.1.1 Global Lactic Acids Consumption by Region
4.1.2 Global Lactic Acids Consumption Market Share by Region
4.2 North America
4.2.1 North America Lactic Acids Consumption by Country
4.2.2 U.S.
4.2.3 Canada
4.2.4 Mexico
4.3 Europe
4.3.1 Europe Lactic Acids Consumption by Country
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific Lactic Acids Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 Southeast Asia
4.4.6 India
4.4.7 Australia
4.5 South America
4.5.1 South America Lactic Acids Consumption by Country
4.5.2 Brazil
4.5.3 Argentina
5 SEGMENT BY TYPE
5.1 Global Lactic Acids Production Market Share by Type (2017-2022)
5.2 Global Lactic Acids Revenue Market Share by Type (2017-2022)
5.3 Global Lactic Acids Price by Type (2017-2022)
6 SEGMENT BY APPLICATION
6.1 Global Lactic Acids Production Market Share by Application (2017-2022)
6.2 Global Lactic Acids Revenue Market Share by Application (2017-2022)
6.3 Global Lactic Acids Price by Application (2017-2022)
7 KEY COMPANIES PROFILED
7.1 Corbion
7.1.1 Corbion Corporation Information
7.1.2 Corbion Introduction and Business Overview
7.1.3 Corbion Lactic Acid Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.1.4 Corbion Lactic Acid Products Offered
7.2 NatureWorks
7.2.1 NatureWorks Corporation Information
7.2.2 NatureWorks Introduction and Business Overview
7.2.3 NatureWorks Lactic Acid Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.2.4 NatureWorks Lactic Acid Products Offered
7.3 Henan Jindan Lactic Acid Technology
7.3.1 Henan Jindan Lactic Acid Technology Corporation Information
7.3.2 Henan Jindan Lactic Acid Technology Introduction and Business Overview
7.3.3 Henan Jindan Lactic Acid Technology Lactic Acid Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.3.4 Henan Jindan Lactic Acid Technology Lactic Acid Products Offered
7.4 Galactic
7.4.1 Galactic Corporation Information
7.4.2 Galactic Introduction and Business Overview
7.4.3 Galactic Lactic Acid Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.4.4 Galactic Lactic Acid Products Offered
7.5 BBCA Group
7.5.1 BBCA Group Corporation Information
7.5.2 BBCA Group Introduction and Business Overview
7.5.3 BBCA Group Lactic Acid Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.5.4 BBCA Group Lactic Acid Products Offered
7.6 Jungbunzlauer
7.6.1 Jungbunzlauer Corporation Information
7.6.2 Jungbunzlauer Introduction and Business Overview
7.6.3 Jungbunzlauer Lactic Acid Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.6.4 Jungbunzlauer Lactic Acid Products Offered
7.7 Shandong Parkson Biotechnology
7.7.1 Shandong Parkson Biotechnology Corporation Information
7.7.2 Shandong Parkson Biotechnology Introduction and Business Overview
7.7.3 Shandong Parkson Biotechnology Lactic Acid Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.7.4 Shandong Parkson Biotechnology Lactic Acid Products Offered
7.8 Musashino Chemical
7.8.1 Musashino Chemical Corporation Information
7.8.2 Musashino Chemical Introduction and Business Overview
7.8.3 Musashino Chemical Lactic Acid Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.8.4 Musashino Chemical Lactic Acid Products Offered
7.9 Henan Xinghan Biotechnology
7.9.1 Henan Xinghan Biotechnology Corporation Information
7.9.2 Henan Xinghan Biotechnology Introduction and Business Overview
7.9.3 Henan Xinghan Biotechnology Lactic Acid Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.9.4 Henan Xinghan Biotechnology Lactic Acid Products Offered
7.10 Wuhan Sanjiang Space Good Biotech
7.10.1 Wuhan Sanjiang Space Good Biotech Corporation Information
7.10.2 Wuhan Sanjiang Space Good Biotech Introduction and Business Overview
7.10.3 Wuhan Sanjiang Space Good Biotech Lactic Acid Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.10.4 Wuhan Sanjiang Space Good Biotech Lactic Acid Products Offered
7.11 Shandong Shouguang Juneng Golden
7.11.1 Shandong Shouguang Juneng Golden Corporation Information
7.11.2 Shandong Shouguang Juneng Golden Introduction and Business Overview
7.11.3 Shandong Shouguang Juneng Golden Lactic Acid Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.11.4 Shandong Shouguang Juneng Golden Lactic Acid Products Offered
7.12 Shanxi Leda Biochemical
7.12.1 Shanxi Leda Biochemical Corporation Information
7.12.2 Shanxi Leda Biochemical Introduction and Business Overview
7.12.3 Shanxi Leda Biochemical Lactic Acid Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.12.4 Shanxi Leda Biochemical Lactic Acid Products Offered
7.13 Shangdong Fullsail
7.13.1 Shangdong Fullsail Corporation Information
7.13.2 Shangdong Fullsail Introduction and Business Overview
7.13.3 Shangdong Fullsail Lactic Acid Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.13.4 Shangdong Fullsail Lactic Acid Products Offered
8 LACTIC ACID MANUFACTURING COST ANALYSIS
8.1 Lactic Acid Key Raw Materials Analysis
8.1.1 Key Raw Materials Price
8.1.2 Raw Materials Key Suppliers
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Lactic Acid
8.4 Lactic Acid Industrial Chain Analysis
9 MARKETING CHANNEL, DISTRIBUTORS AND CUSTOMERS
9.1 Marketing Channel
9.2 Lactic Acid Distributors List
9.3 Lactic Acid Customers
10 LACTIC ACID MARKET DYNAMICS
10.1 Lactic Acid Industry Trends
10.2 Lactic Acid Growth Drivers
10.3 Lactic Acid Market Challenges
10.4 Lactic Acid Market Restraints
11 PRODUCTION AND SUPPLY FORECAST
11.1 Global Forecasted Production of Lactic Acids by Region (2023-2028)
11.2 China Lactic Acids Production, Revenue Forecast (2023-2028)
11.3 North America Lactic Acids Production, Revenue Forecast (2023-2028)
11.4 Southeast Asia Lactic Acids Production, Revenue Forecast (2023-2028)
11.5 Europe Lactic Acids Production, Revenue Forecast (2023-2028)
12 CONSUMPTION AND DEMAND FORECAST
12.1 Global Forecasted Demand Analysis of Lactic Acids by Regions
12.2 North America Forecasted Consumption of Lactic Acids by Country
12.3 Europe Market Forecasted Consumption of Lactic Acids by Country
12.4 Asia Pacific Market Forecasted Consumption of Lactic Acids by Region
12.5 South America Forecasted Consumption of Lactic Acids by Country
13 FORECAST BY TYPE AND BY APPLICATION
13.1 Global Production, Revenue and Price Forecast by Type (2023-2028)
13.1.1 Global Forecasted Production of Lactic Acids by Type (2023-2028)
13.1.2 Global Forecasted Revenue of Lactic Acids by Type (2023-2028)
13.1.3 Global Forecasted Price of Lactic Acids by Type (2023-2028)
13.2 Global Production, Revenue and Price Forecast by Application (2023-2028)
13.2.1 Global Forecasted Production of Lactic Acids by Application (2023-2028)
13.2.2 Global Forecasted Revenue of Lactic Acids by Application (2023-2028)
13.2.3 Global Forecasted Price of Lactic Acids by Application (2023-2028)
14 RESEARCH FINDINGS AND CONCLUSION
15 METHODOLOGY AND DATA SOURCE
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer
List of Tables
Table 1. Global Lactic Acids Market Size by Type ((US$ Million) & (2022 VS 2028)
Table 2. Global Lactic Acids Market Size by Application (K MT) & (2022 VS 2028)
Table 3. Lactic Acids Market Size Comparison by Region: 2017 VS 2022 VS 2028 (US$ Million)
Table 4. Lactic Acids Market Size Comparison by Region: 2017 VS 2022 VS 2028 (US$ Million)
Table 5. Global Lactic Acids Production Capacity (K MT) by Manufacturers in 2021
Table 6. Global Lactic Acids Production by Manufacturers (2017-2022) & (K MT)
Table 7. Global Lactic Acids Production Market Share by Manufacturers (2017-2022)
Table 8. Global Lactic Acids Revenue by Manufacturers (2017-2022) & (US$ Million)
Table 9. Global Lactic Acids Revenue Share by Manufacturers (2017-2022)
Table 10. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Lactic Acids as of 2021)
Table 11. Global Market Lactic Acids Average Price (USD/MT) of Key Manufacturers (2017-2022)
Table 12. Manufacturers Lactic Acids Production Sites
Table 13. Manufacturers Lactic Acids Product Type
Table 14. Mergers & Acquisitions, Expansion Plans
Table 15. Global Lactic Acids Production Capacity (K MT) by Region (2017-2022)
Table 16. Global Lactic Acids Production (K MT) by Region (2017-2022)
Table 17. Global Lactic Acids Production Market Share by Region (2017-2022)
Table 18. Global Lactic Acids Revenue (US$ Million) by Region (2017-2022)
Table 19. Global Lactic Acids Revenue Market Share by Region (2017-2022)
Table 20. Global Lactic Acids Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
Table 21. China Lactic Acids Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
Table 22. North America Lactic Acids Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
Table 23. Southeast Asia Lactic Acids Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
Table 24. Europe Lactic Acids Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022)
Table 25. Global Lactic Acids Consumption by Region (2017-2022) & (K MT)
Table 26. Global Lactic Acids Consumption Market Share by Region (2017-2022)
Table 27. North America Lactic Acids Consumption by Country (2017-2022) & (K MT)
Table 28. Europe Lactic Acids Consumption by Country (2017-2022) & (K MT)
Table 29. Asia Pacific Lactic Acids Consumption by Region (2017-2022) & (K MT)
Table 30. South America Lactic Acids Consumption by Country (2017-2022) & (K MT)
Table 31. Global Lactic Acids Production (K MT) by Type (2017-2022)
Table 32. Global Lactic Acids Production Market Share by Type (2017-2022)
Table 33. Global Lactic Acids Revenue (US$ Million) by Type (2017-2022)
Table 34. Global Lactic Acids Revenue Share by Type (2017-2022)
Table 35. Global Lactic Acids Price (USD/MT) by Type (2017-2022)
Table 36. Global Lactic Acids Production (K MT) by Application (2017-2022)
Table 37. Global Lactic Acids Production Market Share by Application (2017-2022)
Table 38. Global Lactic Acids Revenue (US$ Million) by Application (2017-2022)
Table 39. Global Lactic Acids Revenue Share by Application (2017-2022)
Table 40. Global Lactic Acids Price (USD/MT) by Application (2017-2022)
Table 1. Corbion Corporation Information
Table 2. Corbion Lactic Acid Production Capacity (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2017-2022) 69

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings