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Ammonium Lactate-Global Market Insights and Sales Trends 2024
Synopsis
Ammonium lactate is a compound with formula NH4 (C2H4 (OH) COO). It is the ammonium salt of lactic acid. It has mild anti-bacterial properties.
The global Ammonium Lactate market size is expected to reach US$ 1 million by 2029, growing at a CAGR of 3.1% from 2023 to 2029. The market is mainly driven by the significant applications of Ammonium Lactate in various end use industries. The expanding demands from the Skin Care, Feed Additives, Pharmaceutical and Others, are propelling Ammonium Lactate market. General Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cosmetic Grade segment is estimated at % CAGR for the next seven-year period.
The global L-Ammonium Lactate industry has a rather high concentration. The major manufacturers are concentrated in China, North America, Europe, India and Asia Others, such as Corbion-Purac, Chattem Chemicals, Musashino Chemical, SHXSHW and Jindan. At present, Corbion-Purac is the world leader, holding 45% production market share.
The global L-Ammonium Lactate consumption market is led by Europe and Europe is the largest region consumption market, accounting for about 40% of global consumption of L-Ammonium Lactate.
L-Ammonium Lactate downstream is wide and recently L-Ammonium Lactate has acquired increasing significance in various fields of Skin Care, Feed Additives, Pharmaceutical and Others,. Globally, the L-Ammonium Lactate market is mainly driven by growing demand for Skin Care. Skin Care accounts for nearly 49% of total downstream consumption of L-Ammonium Lactate in global.
L-Ammonium Lactate can be mainly divided into General Grade and Cosmetic Grade which General Grade captures about 52% of L-Ammonium Lactate market. According to our research and analysis, manufacturers from Europe are the major leaders in the international market of L-Ammonium Lactate.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Ammonium Lactate, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Ammonium Lactate market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Ammonium Lactate market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Ammonium Lactate sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Ammonium Lactate covered in this report include Corbion-Purac, Chattem Chemicals, Musashino Chemical, SHXSHW and Jindan, etc.
The global Ammonium Lactate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Corbion-Purac
Chattem Chemicals
Musashino Chemical
SHXSHW
Jindan
Global Ammonium Lactate market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Ammonium Lactate market, Segment by Type:
General Grade
Cosmetic Grade
Global Ammonium Lactate market, by Application
Skin Care
Feed Additives
Pharmaceutical
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Ammonium Lactate manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Ammonium Lactate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Ammonium lactate is a compound with formula NH4 (C2H4 (OH) COO). It is the ammonium salt of lactic acid. It has mild anti-bacterial properties.
The global Ammonium Lactate market size is expected to reach US$ 1 million by 2029, growing at a CAGR of 3.1% from 2023 to 2029. The market is mainly driven by the significant applications of Ammonium Lactate in various end use industries. The expanding demands from the Skin Care, Feed Additives, Pharmaceutical and Others, are propelling Ammonium Lactate market. General Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cosmetic Grade segment is estimated at % CAGR for the next seven-year period.
The global L-Ammonium Lactate industry has a rather high concentration. The major manufacturers are concentrated in China, North America, Europe, India and Asia Others, such as Corbion-Purac, Chattem Chemicals, Musashino Chemical, SHXSHW and Jindan. At present, Corbion-Purac is the world leader, holding 45% production market share.
The global L-Ammonium Lactate consumption market is led by Europe and Europe is the largest region consumption market, accounting for about 40% of global consumption of L-Ammonium Lactate.
L-Ammonium Lactate downstream is wide and recently L-Ammonium Lactate has acquired increasing significance in various fields of Skin Care, Feed Additives, Pharmaceutical and Others,. Globally, the L-Ammonium Lactate market is mainly driven by growing demand for Skin Care. Skin Care accounts for nearly 49% of total downstream consumption of L-Ammonium Lactate in global.
L-Ammonium Lactate can be mainly divided into General Grade and Cosmetic Grade which General Grade captures about 52% of L-Ammonium Lactate market. According to our research and analysis, manufacturers from Europe are the major leaders in the international market of L-Ammonium Lactate.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Ammonium Lactate, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Ammonium Lactate market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Ammonium Lactate market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Ammonium Lactate sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Ammonium Lactate covered in this report include Corbion-Purac, Chattem Chemicals, Musashino Chemical, SHXSHW and Jindan, etc.
The global Ammonium Lactate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Corbion-Purac
Chattem Chemicals
Musashino Chemical
SHXSHW
Jindan
Global Ammonium Lactate market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Ammonium Lactate market, Segment by Type:
General Grade
Cosmetic Grade
Global Ammonium Lactate market, by Application
Skin Care
Feed Additives
Pharmaceutical
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Ammonium Lactate manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Ammonium Lactate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Ammonium Lactate Market Overview
1.1 Ammonium Lactate Product Overview
1.2 Ammonium Lactate Market Segment by Type
1.2.1 General Grade
1.2.2 Cosmetic Grade
1.3 Global Ammonium Lactate Market Size by Type
1.3.1 Global Ammonium Lactate Market Size Overview by Type (2018-2029)
1.3.2 Global Ammonium Lactate Historic Market Size Review by Type (2018-2023)
1.3.3 Global Ammonium Lactate Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Ammonium Lactate Sales Breakdown by Type (2018-2023)
1.4.2 Europe Ammonium Lactate Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Ammonium Lactate Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Ammonium Lactate Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Ammonium Lactate Sales Breakdown by Type (2018-2023)
2 Global Ammonium Lactate Market Competition by Company
2.1 Global Top Players by Ammonium Lactate Sales (2018-2023)
2.2 Global Top Players by Ammonium Lactate Revenue (2018-2023)
2.3 Global Top Players by Ammonium Lactate Price (2018-2023)
2.4 Global Top Manufacturers Ammonium Lactate Manufacturing Base Distribution, Sales Area, Product Type
2.5 Ammonium Lactate Market Competitive Situation and Trends
2.5.1 Ammonium Lactate Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Ammonium Lactate Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Ammonium Lactate as of 2022)
2.7 Date of Key Manufacturers Enter into Ammonium Lactate Market
2.8 Key Manufacturers Ammonium Lactate Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Ammonium Lactate Status and Outlook by Region
3.1 Global Ammonium Lactate Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Ammonium Lactate Historic Market Size by Region
3.2.1 Global Ammonium Lactate Sales in Volume by Region (2018-2023)
3.2.2 Global Ammonium Lactate Sales in Value by Region (2018-2023)
3.2.3 Global Ammonium Lactate Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Ammonium Lactate Forecasted Market Size by Region
3.3.1 Global Ammonium Lactate Sales in Volume by Region (2024-2029)
3.3.2 Global Ammonium Lactate Sales in Value by Region (2024-2029)
3.3.3 Global Ammonium Lactate Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Ammonium Lactate by Application
4.1 Ammonium Lactate Market Segment by Application
4.1.1 Skin Care
4.1.2 Feed Additives
4.1.3 Pharmaceutical
4.1.4 Others
4.2 Global Ammonium Lactate Market Size by Application
4.2.1 Global Ammonium Lactate Market Size Overview by Application (2018-2029)
4.2.2 Global Ammonium Lactate Historic Market Size Review by Application (2018-2023)
4.2.3 Global Ammonium Lactate Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Ammonium Lactate Sales Breakdown by Application (2018-2023)
4.3.2 Europe Ammonium Lactate Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Ammonium Lactate Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Ammonium Lactate Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Ammonium Lactate Sales Breakdown by Application (2018-2023)
5 North America Ammonium Lactate by Country
5.1 North America Ammonium Lactate Historic Market Size by Country
5.1.1 North America Ammonium Lactate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Ammonium Lactate Sales in Volume by Country (2018-2023)
5.1.3 North America Ammonium Lactate Sales in Value by Country (2018-2023)
5.2 North America Ammonium Lactate Forecasted Market Size by Country
5.2.1 North America Ammonium Lactate Sales in Volume by Country (2024-2029)
5.2.2 North America Ammonium Lactate Sales in Value by Country (2024-2029)
6 Europe Ammonium Lactate by Country
6.1 Europe Ammonium Lactate Historic Market Size by Country
6.1.1 Europe Ammonium Lactate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Ammonium Lactate Sales in Volume by Country (2018-2023)
6.1.3 Europe Ammonium Lactate Sales in Value by Country (2018-2023)
6.2 Europe Ammonium Lactate Forecasted Market Size by Country
6.2.1 Europe Ammonium Lactate Sales in Volume by Country (2024-2029)
6.2.2 Europe Ammonium Lactate Sales in Value by Country (2024-2029)
7 Asia-Pacific Ammonium Lactate by Region
7.1 Asia-Pacific Ammonium Lactate Historic Market Size by Region
7.1.1 Asia-Pacific Ammonium Lactate Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Ammonium Lactate Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Ammonium Lactate Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Ammonium Lactate Forecasted Market Size by Region
7.2.1 Asia-Pacific Ammonium Lactate Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Ammonium Lactate Sales in Value by Region (2024-2029)
8 Latin America Ammonium Lactate by Country
8.1 Latin America Ammonium Lactate Historic Market Size by Country
8.1.1 Latin America Ammonium Lactate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Ammonium Lactate Sales in Volume by Country (2018-2023)
8.1.3 Latin America Ammonium Lactate Sales in Value by Country (2018-2023)
8.2 Latin America Ammonium Lactate Forecasted Market Size by Country
8.2.1 Latin America Ammonium Lactate Sales in Volume by Country (2024-2029)
8.2.2 Latin America Ammonium Lactate Sales in Value by Country (2024-2029)
9 Middle East and Africa Ammonium Lactate by Country
9.1 Middle East and Africa Ammonium Lactate Historic Market Size by Country
9.1.1 Middle East and Africa Ammonium Lactate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Ammonium Lactate Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Ammonium Lactate Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Ammonium Lactate Forecasted Market Size by Country
9.2.1 Middle East and Africa Ammonium Lactate Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Ammonium Lactate Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Corbion-Purac
10.1.1 Corbion-Purac Company Information
10.1.2 Corbion-Purac Introduction and Business Overview
10.1.3 Corbion-Purac Ammonium Lactate Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Corbion-Purac Ammonium Lactate Products Offered
10.1.5 Corbion-Purac Recent Development
10.2 Chattem Chemicals
10.2.1 Chattem Chemicals Company Information
10.2.2 Chattem Chemicals Introduction and Business Overview
10.2.3 Chattem Chemicals Ammonium Lactate Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Chattem Chemicals Ammonium Lactate Products Offered
10.2.5 Chattem Chemicals Recent Development
10.3 Musashino Chemical
10.3.1 Musashino Chemical Company Information
10.3.2 Musashino Chemical Introduction and Business Overview
10.3.3 Musashino Chemical Ammonium Lactate Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Musashino Chemical Ammonium Lactate Products Offered
10.3.5 Musashino Chemical Recent Development
10.4 SHXSHW
10.4.1 SHXSHW Company Information
10.4.2 SHXSHW Introduction and Business Overview
10.4.3 SHXSHW Ammonium Lactate Sales, Revenue and Gross Margin (2018-2023)
10.4.4 SHXSHW Ammonium Lactate Products Offered
10.4.5 SHXSHW Recent Development
10.5 Jindan
10.5.1 Jindan Company Information
10.5.2 Jindan Introduction and Business Overview
10.5.3 Jindan Ammonium Lactate Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Jindan Ammonium Lactate Products Offered
10.5.5 Jindan Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Ammonium Lactate 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 Ammonium Lactate Industrial Chain Analysis
11.4 Ammonium Lactate Market Dynamics
11.4.1 Ammonium Lactate Industry Trends
11.4.2 Ammonium Lactate Market Drivers
11.4.3 Ammonium Lactate Market Challenges
11.4.4 Ammonium Lactate Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Ammonium Lactate Distributors
12.3 Ammonium Lactate Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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