1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Lactic Acid Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Raw Material
6.1 Corn
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Sugarcane
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Cassava
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Form
7.1 Liquid
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Solid
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Industrial
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Food and Beverages
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Pharmaceuticals
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Personal Care
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Polylactic Acid (PLA)
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Cellulac plc
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Corbion N.V.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 Dupont De Nemours Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Foodchem International Corporation
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Galactic
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Godavari Biorefineries Ltd. (Somaiya Group)
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Henan Jindan Lactic Acid Technology Co. Ltd.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 Jungbunzlauer Suisse AG
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Musashino Chemical Laboratory Ltd.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Spectrum Chemical Mfg. Corp.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Vaishnavi Bio Tech International Limited
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Vigon International Inc. (Azelis Americas LLC)
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Lactic Acid Market: Major Drivers and Challenges
Figure 2: Global: Lactic Acid Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Lactic Acid Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Lactic Acid Market: Breakup by Raw Material (in %), 2023
Figure 5: Global: Lactic Acid Market: Breakup by Form (in %), 2023
Figure 6: Global: Lactic Acid Market: Breakup by Application (in %), 2023
Figure 7: Global: Lactic Acid Market: Breakup by Region (in %), 2023
Figure 8: Global: Lactic Acid (Corn) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Lactic Acid (Corn) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Lactic Acid (Sugarcane) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Lactic Acid (Sugarcane) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Lactic Acid (Cassava) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Lactic Acid (Cassava) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Lactic Acid (Other Raw Materials) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Lactic Acid (Other Raw Materials) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Lactic Acid (Liquid) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Lactic Acid (Liquid) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Lactic Acid (Solid) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Lactic Acid (Solid) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Lactic Acid (Industrial) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Lactic Acid (Industrial) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Lactic Acid (Food and Beverages) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Lactic Acid (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Lactic Acid (Pharmaceuticals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Lactic Acid (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Lactic Acid (Personal Care) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Lactic Acid (Personal Care) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Lactic Acid (Polylactic Acid (PLA)) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Lactic Acid (Polylactic Acid (PLA)) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Lactic Acid (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Lactic Acid (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: North America: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: North America: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: United States: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: United States: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Canada: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Canada: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Asia-Pacific: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Asia-Pacific: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: China: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: China: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Japan: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Japan: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: India: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: India: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: South Korea: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: South Korea: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Australia: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Australia: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Indonesia: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Indonesia: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Others: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Others: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Europe: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Europe: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Germany: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Germany: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: France: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: France: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: United Kingdom: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: United Kingdom: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Italy: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Italy: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Spain: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Spain: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Russia: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Russia: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Others: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Others: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Latin America: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Latin America: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Brazil: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Brazil: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Mexico: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Mexico: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Others: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Others: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Middle East and Africa: Lactic Acid Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Middle East and Africa: Lactic Acid Market: Breakup by Country (in %), 2023
Figure 80: Middle East and Africa: Lactic Acid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Global: Lactic Acid Industry: SWOT Analysis
Figure 82: Global: Lactic Acid Industry: Value Chain Analysis
Figure 83: Global: Lactic Acid Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Lactic Acid Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Lactic Acid Market Forecast: Breakup by Raw Material (in Million US$), 2024-2032
Table 3: Global: Lactic Acid Market Forecast: Breakup by Form (in Million US$), 2024-2032
Table 4: Global: Lactic Acid Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: Lactic Acid Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Lactic Acid Market: Competitive Structure
Table 7: Global: Lactic Acid Market: Key Players