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Global Lactic Acid & Derivatives Market Research Report 2024
Synopsis
The global Lactic Acid & Derivatives market was valued at US$ 1466 million in 2023 and is anticipated to reach US$ 1896.4 million by 2030, witnessing a CAGR of 3.8% during the forecast period 2024-2030.
North American market for Lactic Acid & Derivatives is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Lactic Acid & Derivatives is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Lactic Acid & Derivatives include Corbion Purac, Galactic, ADM, Cargill, Yangtze Labre, Musashino Chemical, Aldon Corporation, Tedia Company Inc and Anhui COFCO Biochemical & GALACTIC, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Lactic Acid & Derivatives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lactic Acid & Derivatives.
Report Scope
The Lactic Acid & Derivatives market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Lactic Acid & Derivatives market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Lactic Acid & Derivatives manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Corbion Purac
Galactic
ADM
Cargill
Yangtze Labre
Musashino Chemical
Aldon Corporation
Tedia Company Inc
Anhui COFCO Biochemical & GALACTIC
Henan Jindan Lactic Acid Technology
Chongqing Bofei Biochemical Products
Segment by Type
Lactic Acid
Lactic Acid Derivatives
Segment by Application
Food Industry
Chemical Industry
Pharmaceutical Industry
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lactic Acid & Derivatives manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lactic Acid & Derivatives by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Lactic Acid & Derivatives in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
The global Lactic Acid & Derivatives market was valued at US$ 1466 million in 2023 and is anticipated to reach US$ 1896.4 million by 2030, witnessing a CAGR of 3.8% during the forecast period 2024-2030.
North American market for Lactic Acid & Derivatives is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Lactic Acid & Derivatives is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Lactic Acid & Derivatives include Corbion Purac, Galactic, ADM, Cargill, Yangtze Labre, Musashino Chemical, Aldon Corporation, Tedia Company Inc and Anhui COFCO Biochemical & GALACTIC, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Lactic Acid & Derivatives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lactic Acid & Derivatives.
Report Scope
The Lactic Acid & Derivatives market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Lactic Acid & Derivatives market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Lactic Acid & Derivatives manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Corbion Purac
Galactic
ADM
Cargill
Yangtze Labre
Musashino Chemical
Aldon Corporation
Tedia Company Inc
Anhui COFCO Biochemical & GALACTIC
Henan Jindan Lactic Acid Technology
Chongqing Bofei Biochemical Products
Segment by Type
Lactic Acid
Lactic Acid Derivatives
Segment by Application
Food Industry
Chemical Industry
Pharmaceutical Industry
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lactic Acid & Derivatives manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lactic Acid & Derivatives by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Lactic Acid & Derivatives in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Lactic Acid & Derivatives Market Overview
1.1 Product Definition
1.2 Lactic Acid & Derivatives Segment by Type
1.2.1 Global Lactic Acid & Derivatives Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Lactic Acid
1.2.3 Lactic Acid Derivatives
1.3 Lactic Acid & Derivatives Segment by Application
1.3.1 Global Lactic Acid & Derivatives Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Food Industry
1.3.3 Chemical Industry
1.3.4 Pharmaceutical Industry
1.4 Global Market Growth Prospects
1.4.1 Global Lactic Acid & Derivatives Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Lactic Acid & Derivatives Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Lactic Acid & Derivatives Production Estimates and Forecasts (2019-2030)
1.4.4 Global Lactic Acid & Derivatives Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Lactic Acid & Derivatives Production Market Share by Manufacturers (2019-2024)
2.2 Global Lactic Acid & Derivatives Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Lactic Acid & Derivatives, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Lactic Acid & Derivatives Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Lactic Acid & Derivatives Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Lactic Acid & Derivatives, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Lactic Acid & Derivatives, Product Offered and Application
2.8 Global Key Manufacturers of Lactic Acid & Derivatives, Date of Enter into This Industry
2.9 Lactic Acid & Derivatives Market Competitive Situation and Trends
2.9.1 Lactic Acid & Derivatives Market Concentration Rate
2.9.2 Global 5 and 10 Largest Lactic Acid & Derivatives Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Lactic Acid & Derivatives Production by Region
3.1 Global Lactic Acid & Derivatives Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Lactic Acid & Derivatives Production Value by Region (2019-2030)
3.2.1 Global Lactic Acid & Derivatives Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Lactic Acid & Derivatives by Region (2025-2030)
3.3 Global Lactic Acid & Derivatives Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Lactic Acid & Derivatives Production by Region (2019-2030)
3.4.1 Global Lactic Acid & Derivatives Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Lactic Acid & Derivatives by Region (2025-2030)
3.5 Global Lactic Acid & Derivatives Market Price Analysis by Region (2019-2024)
3.6 Global Lactic Acid & Derivatives Production and Value, Year-over-Year Growth
3.6.1 North America Lactic Acid & Derivatives Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Lactic Acid & Derivatives Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Lactic Acid & Derivatives Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Lactic Acid & Derivatives Production Value Estimates and Forecasts (2019-2030)
4 Lactic Acid & Derivatives Consumption by Region
4.1 Global Lactic Acid & Derivatives Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Lactic Acid & Derivatives Consumption by Region (2019-2030)
4.2.1 Global Lactic Acid & Derivatives Consumption by Region (2019-2024)
4.2.2 Global Lactic Acid & Derivatives Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Lactic Acid & Derivatives Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Lactic Acid & Derivatives Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Lactic Acid & Derivatives Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Lactic Acid & Derivatives Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Lactic Acid & Derivatives Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Lactic Acid & Derivatives Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Lactic Acid & Derivatives Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Lactic Acid & Derivatives Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Lactic Acid & Derivatives Production by Type (2019-2030)
5.1.1 Global Lactic Acid & Derivatives Production by Type (2019-2024)
5.1.2 Global Lactic Acid & Derivatives Production by Type (2025-2030)
5.1.3 Global Lactic Acid & Derivatives Production Market Share by Type (2019-2030)
5.2 Global Lactic Acid & Derivatives Production Value by Type (2019-2030)
5.2.1 Global Lactic Acid & Derivatives Production Value by Type (2019-2024)
5.2.2 Global Lactic Acid & Derivatives Production Value by Type (2025-2030)
5.2.3 Global Lactic Acid & Derivatives Production Value Market Share by Type (2019-2030)
5.3 Global Lactic Acid & Derivatives Price by Type (2019-2030)
6 Segment by Application
6.1 Global Lactic Acid & Derivatives Production by Application (2019-2030)
6.1.1 Global Lactic Acid & Derivatives Production by Application (2019-2024)
6.1.2 Global Lactic Acid & Derivatives Production by Application (2025-2030)
6.1.3 Global Lactic Acid & Derivatives Production Market Share by Application (2019-2030)
6.2 Global Lactic Acid & Derivatives Production Value by Application (2019-2030)
6.2.1 Global Lactic Acid & Derivatives Production Value by Application (2019-2024)
6.2.2 Global Lactic Acid & Derivatives Production Value by Application (2025-2030)
6.2.3 Global Lactic Acid & Derivatives Production Value Market Share by Application (2019-2030)
6.3 Global Lactic Acid & Derivatives Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Corbion Purac
7.1.1 Corbion Purac Lactic Acid & Derivatives Corporation Information
7.1.2 Corbion Purac Lactic Acid & Derivatives Product Portfolio
7.1.3 Corbion Purac Lactic Acid & Derivatives Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Corbion Purac Main Business and Markets Served
7.1.5 Corbion Purac Recent Developments/Updates
7.2 Galactic
7.2.1 Galactic Lactic Acid & Derivatives Corporation Information
7.2.2 Galactic Lactic Acid & Derivatives Product Portfolio
7.2.3 Galactic Lactic Acid & Derivatives Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Galactic Main Business and Markets Served
7.2.5 Galactic Recent Developments/Updates
7.3 ADM
7.3.1 ADM Lactic Acid & Derivatives Corporation Information
7.3.2 ADM Lactic Acid & Derivatives Product Portfolio
7.3.3 ADM Lactic Acid & Derivatives Production, Value, Price and Gross Margin (2019-2024)
7.3.4 ADM Main Business and Markets Served
7.3.5 ADM Recent Developments/Updates
7.4 Cargill
7.4.1 Cargill Lactic Acid & Derivatives Corporation Information
7.4.2 Cargill Lactic Acid & Derivatives Product Portfolio
7.4.3 Cargill Lactic Acid & Derivatives Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Cargill Main Business and Markets Served
7.4.5 Cargill Recent Developments/Updates
7.5 Yangtze Labre
7.5.1 Yangtze Labre Lactic Acid & Derivatives Corporation Information
7.5.2 Yangtze Labre Lactic Acid & Derivatives Product Portfolio
7.5.3 Yangtze Labre Lactic Acid & Derivatives Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Yangtze Labre Main Business and Markets Served
7.5.5 Yangtze Labre Recent Developments/Updates
7.6 Musashino Chemical
7.6.1 Musashino Chemical Lactic Acid & Derivatives Corporation Information
7.6.2 Musashino Chemical Lactic Acid & Derivatives Product Portfolio
7.6.3 Musashino Chemical Lactic Acid & Derivatives Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Musashino Chemical Main Business and Markets Served
7.6.5 Musashino Chemical Recent Developments/Updates
7.7 Aldon Corporation
7.7.1 Aldon Corporation Lactic Acid & Derivatives Corporation Information
7.7.2 Aldon Corporation Lactic Acid & Derivatives Product Portfolio
7.7.3 Aldon Corporation Lactic Acid & Derivatives Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Aldon Corporation Main Business and Markets Served
7.7.5 Aldon Corporation Recent Developments/Updates
7.8 Tedia Company Inc
7.8.1 Tedia Company Inc Lactic Acid & Derivatives Corporation Information
7.8.2 Tedia Company Inc Lactic Acid & Derivatives Product Portfolio
7.8.3 Tedia Company Inc Lactic Acid & Derivatives Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Tedia Company Inc Main Business and Markets Served
7.7.5 Tedia Company Inc Recent Developments/Updates
7.9 Anhui COFCO Biochemical & GALACTIC
7.9.1 Anhui COFCO Biochemical & GALACTIC Lactic Acid & Derivatives Corporation Information
7.9.2 Anhui COFCO Biochemical & GALACTIC Lactic Acid & Derivatives Product Portfolio
7.9.3 Anhui COFCO Biochemical & GALACTIC Lactic Acid & Derivatives Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Anhui COFCO Biochemical & GALACTIC Main Business and Markets Served
7.9.5 Anhui COFCO Biochemical & GALACTIC Recent Developments/Updates
7.10 Henan Jindan Lactic Acid Technology
7.10.1 Henan Jindan Lactic Acid Technology Lactic Acid & Derivatives Corporation Information
7.10.2 Henan Jindan Lactic Acid Technology Lactic Acid & Derivatives Product Portfolio
7.10.3 Henan Jindan Lactic Acid Technology Lactic Acid & Derivatives Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Henan Jindan Lactic Acid Technology Main Business and Markets Served
7.10.5 Henan Jindan Lactic Acid Technology Recent Developments/Updates
7.11 Chongqing Bofei Biochemical Products
7.11.1 Chongqing Bofei Biochemical Products Lactic Acid & Derivatives Corporation Information
7.11.2 Chongqing Bofei Biochemical Products Lactic Acid & Derivatives Product Portfolio
7.11.3 Chongqing Bofei Biochemical Products Lactic Acid & Derivatives Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Chongqing Bofei Biochemical Products Main Business and Markets Served
7.11.5 Chongqing Bofei Biochemical Products Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Lactic Acid & Derivatives Industry Chain Analysis
8.2 Lactic Acid & Derivatives Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Lactic Acid & Derivatives Production Mode & Process
8.4 Lactic Acid & Derivatives Sales and Marketing
8.4.1 Lactic Acid & Derivatives Sales Channels
8.4.2 Lactic Acid & Derivatives Distributors
8.5 Lactic Acid & Derivatives Customers
9 Lactic Acid & Derivatives Market Dynamics
9.1 Lactic Acid & Derivatives Industry Trends
9.2 Lactic Acid & Derivatives Market Drivers
9.3 Lactic Acid & Derivatives Market Challenges
9.4 Lactic Acid & Derivatives Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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