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Lactic Acid Market

Publisher Coherent Market Insights
Published Aug 13, 2025
Length 139 Pages
SKU # CMI20399676

Description

Lactic acid is the mildest of all AHAs and works very well on the skin. It is also a natural antibacterial, which makes it great for acne and blemish-prone skin. It also encourages cell turnover and helps fade hyperpigmentation spots like sunspots, making it a true hero ingredient. As an Alpha-Hydroxy Acid, this multitasking ingredient brightens, exfoliates, and helps the skin absorb more vitamin C, helping to firm and tighten the appearance of pores. It also helps to fade sun spots and age spots, reduces acne lesions, and smoothes fine lines and wrinkles.

Market Dynamics

The global lactic acid market is expected to witness significant growth over the forecast period due to increased use in food & beverage, and cosmetic industries. Moreover, growing personal care and pharmaceutical industries is also expected to fuel market growth. Furthermore, increasing usage in manufacturing different types of bio plastics for the packaging industry is further expected to drive growth of the market over the forecast period.

However, high production costs is a key factor limiting the market growth.

Key features of the study
  • This report provides in-depth analysis of the global lactic acid market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global lactic acid market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Futerro, BASF SE, Galactic, Henan Jindan Lactic Acid Technology Co. Ltd., Musashino Chemical (China) Co., Ltd., Corbion, thyssenkrupp AG, Dow, Cellulac, and Jungbunzlauer Suisse AG.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global lactic acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global lactic acid market.
Market Segmentation
  • Global Lactic Acid Market, By Raw Material
  • Corn
  • Sugarcane
  • Cassava
  • Other Crops
  • Global Lactic Acid Market, By End Use
  • Food & Beverages
  • Industrial
  • Pharmaceutical
  • Personal Care
  • Polylactic Acid
  • Others
  • Global Lactic Acid Market, By Region
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • Futerro
  • BASF SE
  • Galactic
  • Henan Jindan Lactic Acid Technology Co. Ltd.
  • Musashino Chemical (China) Co., Ltd.
  • Corbion
  • thyssenkrupp AG
  • Dow
  • Cellulac
  • Jungbunzlauer Suisse AG

Table of Contents

139 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Raw Material
Market Snapshot, By End Use
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Rise in personal care sector
Volatile price of raw materials
Expanding food and beverage application
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Lactic Acid Market, By Raw Material, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 – 2032
Segment Trends
Corn
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Sugarcane
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Cassava
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Other Crops
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
5. Global Lactic Acid Market, By End Use, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 – 2032
Segment Trends
Food & Beverages
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Industrial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Pharmaceutical
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Personal Care
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Polylactic Acid
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
6. Global Lactic Acid Market, By Region, 2020-2032, (USD Mn)
Introduction
Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Country 2021 –2032
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Raw Material, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End Use, 2020-2032, (USD Mn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Raw Material, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End Use, 2020-2032, (USD Mn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Raw Material, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End Use, 2020-2032, (USD Mn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Central & South America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Raw Material, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End Use, 2020-2032, (USD Mn)
South Africa
North Africa
Central Africa
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Raw Material, 2020-2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End Use, 2020-2032, (USD Mn)
GCC Countries
Israel
Rest of Middle East
7. Competitive Landscape
Futerro
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
BASF SE
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Galactic
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Henan Jindan Lactic Acid Technology Co. Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Musashino Chemical (China) Co., Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Corbion
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
thyssenkrupp AG
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Dow
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Cellulac
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Jungbunzlauer Suisse AG
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Analyst Views
8. Section
Research Methodology
About us

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