Global Pharmaceutical Grade Lactic Acid Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Pharmaceutical Grade Lactic Acid market size was valued at US$ 68.1 million in 2024 and is forecast to a readjusted size of USD 87.6 million by 2031 with a CAGR of 3.7% during review period.
Lactic acid is one of the main components of intravenous solutions that are used to administer fluids after major blood loss resulting from burns, trauma, and surgery. The pharmaceutical industry relies on lactic acid to create lactates that can be dissolved in water from active ingredients that cannot be dissolved in any other way.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Pharmaceutical grade lactic acid is a high-purity chemical widely used in the pharmaceutical industry, with significant medicinal and healthcare applications. Its market size continues to expand, benefiting from advancements in medical technology and growing demand for high-quality raw materials. Pharmaceutical grade lactic acid finds primary usage in the production of medical sutures, drug delivery systems, and a variety of surgical and medical supplies. With the increasing adoption of biodegradable materials, the future development potential for pharmaceutical grade lactic acid is substantial, poised to play a larger role in innovative medical domains.
This report is a detailed and comprehensive analysis for global Pharmaceutical Grade Lactic Acid market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Pharmaceutical Grade Lactic Acid market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Pharmaceutical Grade Lactic Acid market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Pharmaceutical Grade Lactic Acid market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Pharmaceutical Grade Lactic Acid market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Pharmaceutical Grade Lactic Acid
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Pharmaceutical Grade Lactic Acid market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Corbion, Galactic, Musashino Chemical, Henan Jindan Lactic Acid Technology, Jungbunzlauer, BBCA Group, Luoyang Longmen Pharmaceutical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Pharmaceutical Grade Lactic Acid market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Purity 80%
Purity 88%
Other
Market segment by Application
Intravenous Fluids
pH-Regulation
Anti-inflammatory Agent
Moisturizing Agent
Other
Major players covered
Corbion
Galactic
Musashino Chemical
Henan Jindan Lactic Acid Technology
Jungbunzlauer
BBCA Group
Luoyang Longmen Pharmaceutical
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Pharmaceutical Grade Lactic Acid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Pharmaceutical Grade Lactic Acid, with price, sales quantity, revenue, and global market share of Pharmaceutical Grade Lactic Acid from 2020 to 2025.
Chapter 3, the Pharmaceutical Grade Lactic Acid competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Pharmaceutical Grade Lactic Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Pharmaceutical Grade Lactic Acid market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Pharmaceutical Grade Lactic Acid.
Chapter 14 and 15, to describe Pharmaceutical Grade Lactic Acid sales channel, distributors, customers, research findings and conclusion.
Lactic acid is one of the main components of intravenous solutions that are used to administer fluids after major blood loss resulting from burns, trauma, and surgery. The pharmaceutical industry relies on lactic acid to create lactates that can be dissolved in water from active ingredients that cannot be dissolved in any other way.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Pharmaceutical grade lactic acid is a high-purity chemical widely used in the pharmaceutical industry, with significant medicinal and healthcare applications. Its market size continues to expand, benefiting from advancements in medical technology and growing demand for high-quality raw materials. Pharmaceutical grade lactic acid finds primary usage in the production of medical sutures, drug delivery systems, and a variety of surgical and medical supplies. With the increasing adoption of biodegradable materials, the future development potential for pharmaceutical grade lactic acid is substantial, poised to play a larger role in innovative medical domains.
This report is a detailed and comprehensive analysis for global Pharmaceutical Grade Lactic Acid market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Pharmaceutical Grade Lactic Acid market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Pharmaceutical Grade Lactic Acid market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Pharmaceutical Grade Lactic Acid market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Pharmaceutical Grade Lactic Acid market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Pharmaceutical Grade Lactic Acid
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Pharmaceutical Grade Lactic Acid market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Corbion, Galactic, Musashino Chemical, Henan Jindan Lactic Acid Technology, Jungbunzlauer, BBCA Group, Luoyang Longmen Pharmaceutical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Pharmaceutical Grade Lactic Acid market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Purity 80%
Purity 88%
Other
Market segment by Application
Intravenous Fluids
pH-Regulation
Anti-inflammatory Agent
Moisturizing Agent
Other
Major players covered
Corbion
Galactic
Musashino Chemical
Henan Jindan Lactic Acid Technology
Jungbunzlauer
BBCA Group
Luoyang Longmen Pharmaceutical
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Pharmaceutical Grade Lactic Acid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Pharmaceutical Grade Lactic Acid, with price, sales quantity, revenue, and global market share of Pharmaceutical Grade Lactic Acid from 2020 to 2025.
Chapter 3, the Pharmaceutical Grade Lactic Acid competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Pharmaceutical Grade Lactic Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Pharmaceutical Grade Lactic Acid market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Pharmaceutical Grade Lactic Acid.
Chapter 14 and 15, to describe Pharmaceutical Grade Lactic Acid sales channel, distributors, customers, research findings and conclusion.
Table of Contents
100 Pages
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