Global Lactic Acid Market Report, History and Forecast 2016-2027
Summary
Market Analysis and Insights: Global Lactic Acid Market
The global Lactic Acid market was valued at US$ 969.12 million in 2020 and will reach US$ 1702.85 million by the end of 2027, growing at a CAGR of 2.34% during 2021-2027.
Global Lactic Acid Scope and Market Size
The global Lactic Acid market is segmented by region (country), company, by Type, and By Application. Players, stakeholders, and other participants in the global Lactic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and By Application for the period 2016-2027.
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
L-Lactic Acid
D-Lactic Acid
DL-Lactic Acid
Segment by Application
Food & Beverage
Polylactic Acid
Industrial
Pharmaceutical
Personal Care
Others
By Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Other Regions
Europe
Germany
U.K.
France
Italy
Russia
Rest of Europe
South America
Brazil
Argentina
Other Regions
Middle East & Africa
Saudi Arabia
Egypt
Turkey
South Africa
Other Regions
- 1 LACTIC ACID MARKET OVERVIEW
- 1.1 Lactic Acid Product Overview
- 1.2 Lactic Acid Market Segment by Type
- 1.2.1 L-Lactic Acid
- 1.2.2 D-Lactic Acid
- 1.2.3 DL-Lactic Acid
- 1.3 Global Lactic Acid Market Size by Type
- 1.3.1 Global Lactic Acid Market Size Overview by Type (2016-2027)
- 1.3.2 Global Lactic Acid Historic Market Size Review by Type (2016-2021)
- 1.3.2.1 Global Lactic Acid Sales Breakdown in Volume, by Type (2016-2021)
- 1.3.2.2 Global Lactic Acid Sales Breakdown in Value, by Type (2016-2021)
- 1.3.2.3 Global Lactic Acid Average Selling Price (ASP) by Type (2016-2021)
- 1.3.3 Global Lactic Acid Forecasted Market Size by Type (2022-2027)
- 1.3.3.1 Global Lactic Acid Sales Breakdown in Volume by Type (2022-2027)
- 1.3.3.2 Global Lactic Acid Sales Breakdown in Value by Type (2022-2027)
- 1.3.3.3 Global Lactic Acid Average Selling Price (ASP) by Type (2022-2027)
- 1.4 Key Regions Market Size Segment by Type
- 1.4.1 North America Lactic Acid Sales Breakdown by Type (2016-2021)
- 1.4.2 Europe Lactic Acid Sales Breakdown by Type (2016-2021)
- 1.4.3 Asia-Pacific Lactic Acid Sales Breakdown by Type (2016-2021)
- 1.4.4 South America Lactic Acid Sales Breakdown by Type (2016-2021)
- 1.4.5 Middle East and Africa Lactic Acid Sales Breakdown by Type (2016-2021)
- 2 LACTIC ACID MARKET COMPETITION BY COMPANY
- 2.1 Global Top Players by Lactic Acid Sales (2016-2021)
- 2.2 Global Top Players by Lactic Acid Revenue (2016-2021)
- 2.3 Global Top Players by Lactic Acid Price (2016-2021)
- 2.4 Global Top Manufacturers Lactic Acid Manufacturing Base Distribution
- 2.5 Lactic Acid Market Competitive Situation and Trends
- 2.5.1 Lactic Acid Market Concentration Rate (2016-2021)
- 2.5.2 Global 5 Largest Manufacturers by Lactic Acid Sales and Revenue in 2020
- 2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Lactic Acid as of 2020)
- 2.7 Date of Key Manufacturers Enter into Lactic Acid Market
- 2.8 Key Manufacturers Lactic Acid Product Offered
- 2.9 Mergers & Acquisitions, Expansion
- 3 LACTIC ACID STATUS AND OUTLOOK BY REGION
- 3.1 Global Lactic Acid Market Size and CAGR by Region: 2016 VS 2021 VS 2026
- 3.2 Global Lactic Acid Historic Market Size by Region
- 3.2.1 Global Lactic Acid Sales in Volume by Region (2016-2021)
- 3.2.2 Global Lactic Acid Sales in Value by Region (2016-2021)
- 3.2.3 Global Lactic Acid Sales (Volume & Value), Price and Gross Margin (2016-2021)
- 3.3 Global Lactic Acid Forecasted Market Size by Region
- 3.3.1 Global Lactic Acid Sales in Volume by Region (2022-2027)
- 3.3.2 Global Lactic Acid Sales in Value by Region (2022-2027)
- 3.3.3 Global Lactic Acid Sales (Volume & Value), Price and Gross Margin (2022-2027)
- 4 LACTIC ACID BY APPLICATION
- 4.1 Lactic Acid Market Segment by Application
- 4.1.1 Food & Beverage
- 4.1.2 Polylactic Acid
- 4.1.3 Industrial
- 4.1.4 Pharmaceutical
- 4.1.5 Personal Care
- 4.2 Global Lactic Acid Market Size by Application
- 4.2.1 Global Lactic Acid Market Size Overview by Application (2016-2027)
- 4.2.2 Global Lactic Acid Historic Market Size Review by Application (2016-2021)
- 4.2.2.1 Global Lactic Acid Sales Breakdown in Volume, by Application (2016-2021)
- 4.2.2.2 Global Lactic Acid Sales Breakdown in Value, by Application (2016-2021)
- 4.2.2.3 Global Lactic Acid Average Selling Price (ASP) by Application (2016-2021)
- 4.2.3 Global Lactic Acid Forecasted Market Size by Application (2022-2027)
- 4.2.3.1 Global Lactic Acid Sales Breakdown in Volume by Application (2022-2027)
- 4.2.3.2 Global Lactic Acid Sales Breakdown in Value by Application (2022-2027)
- 4.2.3.3 Global Lactic Acid Average Selling Price (ASP) by Application (2022-2027)
- 4.3 Key Regions Market Size Segment by Application
- 4.3.1 North America Lactic Acid Sales Breakdown by Application (2016-2021)
- 4.3.2 Europe Lactic Acid Sales Breakdown by Application (2016-2021)
- 4.3.3 Asia-Pacific Lactic Acid Sales Breakdown by Application (2016-2021)
- 4.3.4 South America Lactic Acid Sales Breakdown by Application (2016-2021)
- 4.3.5 Middle East and Africa Lactic Acid Sales Breakdown by Application (2016-2021)
- 5 NORTH AMERICA LACTIC ACID BY COUNTRY
- 5.1 North America Lactic Acid Historic Market Size by Country
- 5.1.1 North America Lactic Acid Sales in Volume by Country (2016-2021)
- 5.1.2 North America Lactic Acid Sales in Value by Country (2016-2021)
- 5.2 North America Lactic Acid Forecasted Market Size by Country
- 5.2.1 North America Lactic Acid Sales in Volume by Country (2022-2027)
- 5.2.2 North America Lactic Acid Sales in Value by Country (2022-2027)
- 6 EUROPE LACTIC ACID BY COUNTRY
- 6.1 Europe Lactic Acid Historic Market Size by Country
- 6.1.1 Europe Lactic Acid Sales in Volume by Country (2016-2021)
- 6.1.2 Europe Lactic Acid Sales in Value by Country (2016-2021)
- 6.2 Europe Lactic Acid Forecasted Market Size by Country
- 6.2.1 Europe Lactic Acid Sales in Volume by Country (2022-2027)
- 6.2.2 Europe Lactic Acid Sales in Value by Country (2022-2027)
- 7 ASIA-PACIFIC LACTIC ACID BY REGION
- 7.1 Asia-Pacific Lactic Acid Historic Market Size by Region
- 7.1.1 Asia-Pacific Lactic Acid Sales in Volume by Region (2016-2021)
- 7.1.2 Asia-Pacific Lactic Acid Sales in Value by Region (2016-2021)
- 7.2 Asia-Pacific Lactic Acid Forecasted Market Size by Region
- 7.2.1 Asia-Pacific Lactic Acid Sales in Volume by Region (2022-2027)
- 7.2.2 Asia-Pacific Lactic Acid Sales in Value by Region (2022-2027)
- 8 SOUTH AMERICA LACTIC ACID BY COUNTRY
- 8.1 South America Lactic Acid Historic Market Size by Country
- 8.1.1 South America Lactic Acid Sales in Volume by Country (2016-2021)
- 8.1.2 South America Lactic Acid Sales in Value by Country (2016-2021)
- 8.2 South America Lactic Acid Forecasted Market Size by Country
- 8.2.1 South America Lactic Acid Sales in Volume by Country (2022-2027)
- 8.2.2 South America Lactic Acid Sales in Value by Country (2022-2027)
- 9 MIDDLE EAST AND AFRICA LACTIC ACID BY COUNTRY
- 9.1 Middle East and Africa Lactic Acid Historic Market Size by Country
- 9.1.1 Middle East and Africa Lactic Acid Sales in Volume by Country (2016-2021)
- 9.1.2 Middle East and Africa Lactic Acid Sales in Value by Country (2016-2021)
- 9.2 Middle East and Africa Lactic Acid Forecasted Market Size by Country
- 9.2.1 Middle East and Africa Lactic Acid Sales in Volume by Country (2022-2027)
- 9.2.2 Middle East and Africa Lactic Acid Sales in Value by Country (2022-2027)
- 10 COMPANY PROFILES AND KEY FIGURES IN LACTIC ACID BUSINESS
- 10.1 Corbion
- 10.1.1 Corbion Corporation Information
- 10.1.2 Corbion Introduction and Business Overview
- 10.1.3 Corbion Lactic Acid Sales, Revenue and Gross Margin (2016-2021)
- 10.1.4 Corbion Lactic Acid Products Offered
- 10.2 NatureWorks
- 10.2.1 NatureWorks Corporation Information
- 10.2.2 NatureWorks Introduction and Business Overview
- 10.2.3 NatureWorks Lactic Acid Sales, Revenue and Gross Margin (2016-2021)
- 10.2.4 NatureWorks Lactic Acid Products Offered
- 10.3 Henan Jindan Lactic Acid Technology
- 10.3.1 Henan Jindan Lactic Acid Technology Corporation Information
- 10.3.2 Henan Jindan Lactic Acid Technology Introduction and Business Overview
- 10.3.3 Henan Jindan Lactic Acid Technology Lactic Acid Sales, Revenue and Gross Margin (2016-2021)
- 10.3.4 Henan Jindan Lactic Acid Technology Lactic Acid Products Offered
- 10.4 Galactic
- 10.4.1 Galactic Corporation Information
- 10.4.2 Galactic Introduction and Business Overview
- 10.4.3 Galactic Lactic Acid Sales, Revenue and Gross Margin (2016-2021)
- 10.4.4 Galactic Lactic Acid Products Offered
- 10.5 BBCA Group
- 10.5.1 BBCA Group Corporation Information
- 10.5.2 BBCA Group Introduction and Business Overview
- 10.5.3 BBCA Group Lactic Acid Sales, Revenue and Gross Margin (2016-2021)
- 10.5.4 BBCA Group Lactic Acid Products Offered
- 10.6 Jungbunzlauer
- 10.6.1 Jungbunzlauer Corporation Information
- 10.6.2 Jungbunzlauer Introduction and Business Overview
- 10.6.3 Jungbunzlauer Lactic Acid Sales, Revenue and Gross Margin (2016-2021)
- 10.6.4 Jungbunzlauer Lactic Acid Products Offered
- 10.7 Shandong Parkson Biotechnology
- 10.7.1 Shandong Parkson Biotechnology Corporation Information
- 10.7.2 Shandong Parkson Biotechnology Introduction and Business Overview
- 10.7.3 Shandong Parkson Biotechnology Lactic Acid Sales, Revenue and Gross Margin (2016-2021)
- 10.7.4 Shandong Parkson Biotechnology Lactic Acid Products Offered
- 10.8 Musashino Chemical
- 10.8.1 Musashino Chemical Corporation Information
- 10.8.2 Musashino Chemical Introduction and Business Overview
- 10.8.3 Musashino Chemical Lactic Acid Sales, Revenue and Gross Margin (2016-2021)
- 10.8.4 Musashino Chemical Lactic Acid Products Offered
- 10.9 Henan Xinghan Biotechnology
- 10.9.1 Henan Xinghan Biotechnology Corporation Information
- 10.9.2 Henan Xinghan Biotechnology Introduction and Business Overview
- 10.9.3 Henan Xinghan Biotechnology Lactic Acid Sales, Revenue and Gross Margin (2016-2021)
- 10.9.4 Henan Xinghan Biotechnology Lactic Acid Products Offered
- 10.10 Wuhan Sanjiang Space Good Biotech
- 10.10.1 Wuhan Sanjiang Space Good Biotech Corporation Information
- 10.10.2 Wuhan Sanjiang Space Good Biotech Introduction and Business Overview
- 10.10.3 Wuhan Sanjiang Space Good Biotech Lactic Acid Sales, Revenue and Gross Margin (2016-2021)
- 10.10.4 Wuhan Sanjiang Space Good Biotech Lactic Acid Products Offered
- 10.11 Shandong Shouguang Juneng Golden
- 10.11.1 Shandong Shouguang Juneng Golden Corporation Information
- 10.11.2 Shandong Shouguang Juneng Golden Introduction and Business Overview
- 10.11.3 Shandong Shouguang Juneng Golden Lactic Acid Sales, Revenue and Gross Margin (2016-2021)
- 10.11.4 Shandong Shouguang Juneng Golden Lactic Acid Products Offered
- 10.12 Shanxi Leda Biochemical
- 10.12.1 Shanxi Leda Biochemical Corporation Information
- 10.12.2 Shanxi Leda Biochemical Introduction and Business Overview
- 10.12.3 Shanxi Leda Biochemical Lactic Acid Sales, Revenue and Gross Margin (2016-2021)
- 10.12.4 Shanxi Leda Biochemical Lactic Acid Products Offered
- 10.13 Shangdong Fullsail
- 10.13.1 Shangdong Fullsail Corporation Information
- 10.13.2 Shangdong Fullsail Introduction and Business Overview
- 10.13.3 Shangdong Fullsail Lactic Acid Sales, Revenue and Gross Margin (2016-2021)
- 10.13.4 Shangdong Fullsail Lactic Acid Products Offered
- 11 UPSTREAM, OPPORTUNITIES, CHALLENGES, RISKS AND INFLUENCES FACTORS ANALYSIS
- 11.1 Lactic Acid Key Raw Materials
- 11.1.1 Key Raw Materials
- 11.1.2 Key Raw Materials Price
- 11.1.3 Raw Materials Key Suppliers
- 11.2 Manufacturing Cost Structure
- 11.2.1 Raw Materials
- 11.2.2 Labor Cost
- 11.2.3 Manufacturing Expenses
- 11.3 Lactic Acid Industrial Chain Analysis
- 11.4 Lactic Acid Market Dynamics
- 11.4.1 Industry Trends
- 11.4.2 Market Drivers
- 11.4.3 Market Challenges
- 11.4.4 Market Restraints
- 12 MARKETING STRATEGY ANALYSIS, DISTRIBUTORS
- 12.1 Sales Channel
- 12.2 Lactic Acid Distributors
- 12.3 Lactic Acid Downstream Customers
- 13 RESEARCH FINDINGS AND CONCLUSION
- 14 APPENDIX
- 14.1 Research Methodology
- 14.1.1 Methodology/Research Approach
- 14.1.1.1 Research Programs/Design
- 14.1.1.2 Market Size Estimation
- 14.1.1.3 Market Breakdown and Data Triangulation
- 14.1.2 Data Source
- 14.1.2.1 Secondary Sources
- 14.1.2.2 Primary Sources
- 14.2 Author Details
- 14.3 Disclaimer
- List of Tables
- Table 1. Global Lactic Acid Sales by Type: 2016 VS 2021 VS 2027 (US$ Million)
- Table 2. Global Lactic Acid Sales by Type (2016-2021) & (K MT)
- Table 3. Global Lactic Acid Sales Market Share in Volume by Type (2016-2021)
- Table 4. Global Lactic Acid Sales by Type (2016-2021) & (US$ Million)
- Table 5. Global Lactic Acid Sales Market Share in Value by Type (2016-2021)
- Table 6. Global Lactic Acid Price by Type (2016-2021) & (USD/MT)
- Table 7. Global Lactic Acid Sales by Type (2022-2027) & (K MT)
- Table 8. Global Lactic Acid Sales Market Share in Volume by Type (2022-2027)
- Table 9. Global Lactic Acid Sales by Type (2022-2027) & (US$ Million)
- Table 10. Global Lactic Acid Sales Market Share in Value by Type (2022-2027)
- Table 11. Global Lactic Acid Price by Type (2022-2027) & (USD/MT)
- Table 12. North America Lactic Acid Sales by Type (2016-2021) & (K MT)
- Table 13. North America Lactic Acid Sales by Type (2016-2021) & (US$ Million)
- Table 14. Europe Lactic Acid Sales (K MT) by Type (2016-2021)
- Table 15. Europe Lactic Acid Sales by Type (2016-2021) & (US$ Million)
- Table 16. Asia-Pacific Lactic Acid Sales (K MT) by Type (2016-2021)
- Table 17. Asia-Pacific Lactic Acid Sales by Type (2016-2021) & (US$ Million)
- Table 18. South America Lactic Acid Sales (K MT) by Type (2016-2021)
- Table 19. South America Lactic Acid Sales by Type (2016-2021) & (US$ Million)
- Table 20. Middle East and Africa Lactic Acid Sales (K MT) by Type (2016-2021)
- Table 21. Middle East and Africa Lactic Acid Sales by Type (2016-2021) & (US$ Million)
- Table 22. Global Lactic Acid Sales by Company (2016-2021) & (K MT)
- Table 23. Global Lactic Acid Sales Share by Company (2016-2021)
- Table 24. Global Lactic Acid Revenue by Company (2016-2021) & (US$ Million)
- Table 25. Global Lactic Acid Revenue Share by Company (2016-2021)
- Table 26. Global Market Lactic Acid Price by Company (2016-2021) & (USD/MT)
- Table 27. Global Lactic Acid Top Manufacturers Manufacturing Base Distribution
- Table 28. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Lactic Acid as of 2020)
- Table 29. Date of Key Manufacturers Enter into Lactic Acid Market
- Table 30. Key Manufacturers Lactic Acid Product Type
- Table 31. Mergers & Acquisitions, Expansion Plans
- Table 32. Global Lactic Acid Market Size Comparison by Region (US$ Million): 2016 VS 2021 VS 2027
- Table 33. Global Lactic Acid Sales by Region (2016-2021) & (K MT)
- Table 34. Global Lactic Acid Sales Market Share in Volume by Region (2016-2021)
- Table 35. Global Lactic Acid Sales by Region (2016-2021) & (US$ Million)
- Table 36. Global Lactic Acid Sales Market Share in Value by Region (2016-2021)
- Table 37. Global Lactic Acid Sales (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2016-2021)
- Table 38. Global Lactic Acid Sales by Region (2022-2027) & (K MT)
- Table 39. Global Lactic Acid Sales Market Share in Volume by Region (2022-2027)
- Table 40. Global Lactic Acid Sales by Region (2022-2027) & (US$ Million)
- Table 41. Global Lactic Acid Sales Market Share in Value by Region (2022-2027)
- Table 42. Global Lactic Acid Sales (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2022-2027)
- Table 43. Global Lactic Acid Sales by Application: 2016 VS 2021 VS 2027 (US$ Million)
- Table 44. Global Lactic Acid Sales by Application (2016-2021) & (K MT)
- Table 45. Global Lactic Acid Sales Market Share in Volume by Application (2016-2021)
- Table 46. Global Lactic Acid Sales by Application (2016-2021) & (US$ Million)
- Table 47. Global Lactic Acid Sales Market Share in Value by Application (2016-2021)
- Table 48. Global Lactic Acid Price by Application (2016-2021) & (USD/MT)
- Table 49. Global Lactic Acid Sales by Application (2022-2027) & (K MT)
- Table 50. Global Lactic Acid Sales Market Share in Volume by Application (2022-2027)
- Table 51. Global Lactic Acid Sales by Application (2022-2027) & (US$ Million)
- Table 52. Global Lactic Acid Sales Market Share in Value by Application (2022-2027)
- Table 53. Global Lactic Acid Price by Application (2022-2027) & (USD/MT)
- Table 54. North America Lactic Acid Sales by Application (2016-2021) & (K MT)
- Table 55. North America Lactic Acid Sales by Application (2016-2021) & (US$ Million)
- Table 56. Europe Lactic Acid Sales (K MT) by Application (2016-2021)
- Table 57. Europe Lactic Acid Sales by Application (2016-2021) & (US$ Million)
- Table 58. Asia-Pacific Lactic Acid Sales (K MT) by Application (2016-2021)
- Table 59. Asia-Pacific Lactic Acid Sales by Application (2016-2021) & (US$ Million)
- Table 60. South America Lactic Acid Sales (K MT) by Application (2016-2021)
- Table 61. South America Lactic Acid Sales by Application (2016-2021) & (US$ Million)
- Table 62. Middle East and Africa Lactic Acid Sales (K MT) by Application (2016-2021)
- Table 63. Middle East and Africa Lactic Acid Sales by Application (2016-2021) & (US$ Million)
- Table 64. North America Lactic Acid Sales by Country (2016-2021) & (K MT)
- Table 65. North America Lactic Acid Sales Market Share in Volume by Country (2016-2021)
- Table 66. North America Lactic Acid Sales by Country (2016-2021) & (US$ Million)
- Table 67. North America Lactic Acid Sales Market Share in Value by Country (2016-2021)
- Table 68. North America Lactic Acid Sales by Country (2022-2027) & (K MT)
- Table 69. North America Lactic Acid Sales Market Share in Volume by Country (2022-2027)
- Table 70. North America Lactic Acid Sales by Country (2022-2027) & (US$ Million)
- Table 71. North America Lactic Acid Sales Market Share in Value by Country (2022-2027)
- Table 72. Europe Lactic Acid Sales by Country (2016-2021) & (K MT)
- Table 73. Europe Lactic Acid Sales Market Share in Volume by Country (2016-2021)
- Table 74. Europe Lactic Acid Sales by Country (2016-2021) & (US$ Million)
- Table 75. Europe Lactic Acid Sales Market Share in Value by Country (2016-2021)
- Table 76. Europe Lactic Acid Sales by Country (2022-2027) & (K MT)
- Table 77. Europe Lactic Acid Sales Market Share in Volume by Country (2022-2027)
- Table 78. Europe Lactic Acid Sales by Country (2022-2027) & (US$ Million)
- Table 79. Europe Lactic Acid Sales Market Share in Value by Country (2022-2027)
- Table 80. Asia-Pacific Lactic Acid Sales by Region (2016-2021) & (K MT)
- Table 81. Asia-Pacific Lactic Acid Sales Market Share in Volume by Region (2016-2021)
- Table 82. Asia-Pacific Lactic Acid Sales by Region (2016-2021) & (US$ Million)
- Table 83. Asia-Pacific Lactic Acid Sales Market Share in Value by Region (2016-2021)
- Table 84. Asia-Pacific Lactic Acid Sales by Region (2022-2027) & (K MT)
- Table 85. Asia-Pacific Lactic Acid Sales Market Share in Volume by Region (2022-2027)
- Table 86. Asia-Pacific Lactic Acid Sales by Region (2022-2027) & (US$ Million)
- Table 87. Asia-Pacific Lactic Acid Sales Market Share in Value by Region (2022-2027)
- Table 88. South America Lactic Acid Sales by Country (2016-2021) & (K MT)
- Table 89. South America Lactic Acid Sales Market Share in Volume by Country (2016-2021)
- Table 90. South America Lactic Acid Sales by Country (2016-2021) & (US$ Million)