Lactic Acid Market Report by Raw Material (Corn, Sugarcane, Cassava, and Others), Form (Liquid, Solid), Application (Industrial, Food and Beverages, Pharmaceuticals, Personal Care, Polylactic Acid (PLA), and Others), and Region 2024-2032

Lactic Acid Market Report by Raw Material (Corn, Sugarcane, Cassava, and Others), Form (Liquid, Solid), Application (Industrial, Food and Beverages, Pharmaceuticals, Personal Care, Polylactic Acid (PLA), and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A6067
Buy Now

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

Lactic Acid Market Report by Raw Material (Corn, Sugarcane, Cassava, and Others), Form (Liquid, Solid), Application (Industrial, Food and Beverages, Pharmaceuticals, Personal Care, Polylactic Acid (PLA), and Others), and Region 2024-2032
Purchase Options Year End sale




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARATI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More
DEinternational Egypt

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

Read More
Gulf Excellent Group

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Read More
FS Corporation Inc.

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

Read More
Egyptian Industrial Investment Group

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

Read More
Vishnu Chemicals

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

Read More
MOUNT EVEREST BREWERIES LIMITED

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

Read More
Borges Branded Foods

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

Read More
Godrej Consumer Products Limited

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

Read More
ADC Therapeutics

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

Read More
Ivanti

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

Read More
Asiatic Electrical & Switchgear P. Ltd.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Read More
Denka Co., Ltd.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.

Read More