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Global Lactic Acids Market Research Report 2025
Synopsis
The global market for Lactic Acids was valued at US$ 1646 million in the year 2024 and is projected to reach a revised size of US$ 3990 million by 2031, growing at a CAGR of 13.7% during the forecast period.
Lactic acid (CAS 50-21-5) has a systematic name that is 2-hydroxypropionic acid, which is widely existed in nature. Lactic acid is formed when glucose is broken down for energy in the absence of sufficient oxygen. Lactic Acid is a transparent, colorless syrupy liquid produced from the fermentation of dextrose. It is odorless or has a slight characteristic odor, and has a mild acid taste. Lactic Acid is widely used as an acidulant in foods and beverages that require an edible non-volatile acid.
Global lactic acids (CAS 50-21-5) key players include Corbion, NatureWorks and Henan Jindan Lactic Acid Technology. Global top 3 manufacturers hold a share over 65%.
China is the largest market, with a share about 40%, followed by North America and Southeast Asia, with the share about 25% and 17%. In terms of product, L-lactic acid is the largest segment, with a share over 85%. And in terms of application, the largest application is polylactic acid, followed by food & beverage.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Lactic Acids, 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 Acids.
The Lactic Acids market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Lactic Acids 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 Acids manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
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
DL-Lactic Acid
D-Lactic Acid
L-Lactic Acid
Segment by Application
Food & Beverage
Polylactic Acid
Industrial
Pharmaceutical
Personal Care
Others
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East and Africa
Turkey
Saudi Arabia
U.A.E
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 Acids manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Lactic Acids 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 market size of each country in the world.
Chapter 4: 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 5: 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 6: 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 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: The main points and conclusions of the report.
The global market for Lactic Acids was valued at US$ 1646 million in the year 2024 and is projected to reach a revised size of US$ 3990 million by 2031, growing at a CAGR of 13.7% during the forecast period.
Lactic acid (CAS 50-21-5) has a systematic name that is 2-hydroxypropionic acid, which is widely existed in nature. Lactic acid is formed when glucose is broken down for energy in the absence of sufficient oxygen. Lactic Acid is a transparent, colorless syrupy liquid produced from the fermentation of dextrose. It is odorless or has a slight characteristic odor, and has a mild acid taste. Lactic Acid is widely used as an acidulant in foods and beverages that require an edible non-volatile acid.
Global lactic acids (CAS 50-21-5) key players include Corbion, NatureWorks and Henan Jindan Lactic Acid Technology. Global top 3 manufacturers hold a share over 65%.
China is the largest market, with a share about 40%, followed by North America and Southeast Asia, with the share about 25% and 17%. In terms of product, L-lactic acid is the largest segment, with a share over 85%. And in terms of application, the largest application is polylactic acid, followed by food & beverage.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Lactic Acids, 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 Acids.
The Lactic Acids market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Lactic Acids 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 Acids manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
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
DL-Lactic Acid
D-Lactic Acid
L-Lactic Acid
Segment by Application
Food & Beverage
Polylactic Acid
Industrial
Pharmaceutical
Personal Care
Others
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East and Africa
Turkey
Saudi Arabia
U.A.E
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 Acids manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Lactic Acids 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 market size of each country in the world.
Chapter 4: 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 5: 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 6: 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 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: 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 9: The main points and conclusions of the report.
Index1 Lactic Acids Market Overview
1.1 Product Definition
1.2 Lactic Acids by Type
1.2.1 Global Lactic Acids Market Value Comparison by Type (2024 VS 2031)
1.2.2 DL-Lactic Acid
1.2.3 D-Lactic Acid
1.2.4 L-Lactic Acid
1.3 Lactic Acids by Application
1.3.1 Global Lactic Acids Market Value by Application (2024 VS 2031)
1.3.2 Food & Beverage
1.3.3 Polylactic Acid
1.3.4 Industrial
1.3.5 Pharmaceutical
1.3.6 Personal Care
1.3.7 Others
1.4 Global Lactic Acids Market Size Estimates and Forecasts
1.4.1 Global Lactic Acids Revenue 2020-2031
1.4.2 Global Lactic Acids Sales 2020-2031
1.4.3 Global Lactic Acids Market Average Price (2020-2031)
1.5 Assumptions and Limitations
2 Lactic Acids Market Competition by Manufacturers
2.1 Global Lactic Acids Sales Market Share by Manufacturers (2020-2025)
2.2 Global Lactic Acids Revenue Market Share by Manufacturers (2020-2025)
2.3 Global Lactic Acids Average Price by Manufacturers (2020-2025)
2.4 Global Key Players of Lactic Acids, Industry Ranking, 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Lactic Acids, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Lactic Acids, Product Type & Application
2.7 Global Key Manufacturers of Lactic Acids, Date of Enter into This Industry
2.8 Global Lactic Acids Market Competitive Situation and Trends
2.8.1 Global Lactic Acids Market Concentration Rate
2.8.2 The Global 5 and 10 Largest Lactic Acids Players Market Share by Revenue
2.8.3 Global Lactic Acids Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.9 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Global Lactic Acids Market Scenario by Region
3.1 Global Lactic Acids Market Size by Region: 2020 Versus 2024 Versus 2031
3.2 Global Lactic Acids Sales by Region: 2020-2031
3.2.1 Global Lactic Acids Sales by Region: 2020-2025
3.2.2 Global Lactic Acids Sales by Region: 2026-2031
3.3 Global Lactic Acids Revenue by Region: 2020-2031
3.3.1 Global Lactic Acids Revenue by Region: 2020-2025
3.3.2 Global Lactic Acids Revenue by Region: 2026-2031
3.4 North America Lactic Acids Market Facts & Figures by Country
3.4.1 North America Lactic Acids Market Size by Country: 2020 VS 2024 VS 2031
3.4.2 North America Lactic Acids Sales by Country (2020-2031)
3.4.3 North America Lactic Acids Revenue by Country (2020-2031)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Lactic Acids Market Facts & Figures by Country
3.5.1 Europe Lactic Acids Market Size by Country: 2020 VS 2024 VS 2031
3.5.2 Europe Lactic Acids Sales by Country (2020-2031)
3.5.3 Europe Lactic Acids Revenue by Country (2020-2031)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Lactic Acids Market Facts & Figures by Region
3.6.1 Asia Pacific Lactic Acids Market Size by Region: 2020 VS 2024 VS 2031
3.6.2 Asia Pacific Lactic Acids Sales by Region (2020-2031)
3.6.3 Asia Pacific Lactic Acids Revenue by Region (2020-2031)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Lactic Acids Market Facts & Figures by Country
3.7.1 Latin America Lactic Acids Market Size by Country: 2020 VS 2024 VS 2031
3.7.2 Latin America Lactic Acids Sales by Country (2020-2031)
3.7.3 Latin America Lactic Acids Revenue by Country (2020-2031)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Lactic Acids Market Facts & Figures by Country
3.8.1 Middle East and Africa Lactic Acids Market Size by Country: 2020 VS 2024 VS 2031
3.8.2 Middle East and Africa Lactic Acids Sales by Country (2020-2031)
3.8.3 Middle East and Africa Lactic Acids Revenue by Country (2020-2031)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Lactic Acids Sales by Type (2020-2031)
4.1.1 Global Lactic Acids Sales by Type (2020-2025)
4.1.2 Global Lactic Acids Sales by Type (2026-2031)
4.1.3 Global Lactic Acids Sales Market Share by Type (2020-2031)
4.2 Global Lactic Acids Revenue by Type (2020-2031)
4.2.1 Global Lactic Acids Revenue by Type (2020-2025)
4.2.2 Global Lactic Acids Revenue by Type (2026-2031)
4.2.3 Global Lactic Acids Revenue Market Share by Type (2020-2031)
4.3 Global Lactic Acids Price by Type (2020-2031)
5 Segment by Application
5.1 Global Lactic Acids Sales by Application (2020-2031)
5.1.1 Global Lactic Acids Sales by Application (2020-2025)
5.1.2 Global Lactic Acids Sales by Application (2026-2031)
5.1.3 Global Lactic Acids Sales Market Share by Application (2020-2031)
5.2 Global Lactic Acids Revenue by Application (2020-2031)
5.2.1 Global Lactic Acids Revenue by Application (2020-2025)
5.2.2 Global Lactic Acids Revenue by Application (2026-2031)
5.2.3 Global Lactic Acids Revenue Market Share by Application (2020-2031)
5.3 Global Lactic Acids Price by Application (2020-2031)
6 Key Companies Profiled
6.1 Corbion
6.1.1 Corbion Company Information
6.1.2 Corbion Description and Business Overview
6.1.3 Corbion Lactic Acids Sales, Revenue and Gross Margin (2020-2025)
6.1.4 Corbion Lactic Acids Product Portfolio
6.1.5 Corbion Recent Developments/Updates
6.2 NatureWorks
6.2.1 NatureWorks Company Information
6.2.2 NatureWorks Description and Business Overview
6.2.3 NatureWorks Lactic Acids Sales, Revenue and Gross Margin (2020-2025)
6.2.4 NatureWorks Lactic Acids Product Portfolio
6.2.5 NatureWorks Recent Developments/Updates
6.3 Henan Jindan Lactic Acid Technology
6.3.1 Henan Jindan Lactic Acid Technology Company Information
6.3.2 Henan Jindan Lactic Acid Technology Description and Business Overview
6.3.3 Henan Jindan Lactic Acid Technology Lactic Acids Sales, Revenue and Gross Margin (2020-2025)
6.3.4 Henan Jindan Lactic Acid Technology Lactic Acids Product Portfolio
6.3.5 Henan Jindan Lactic Acid Technology Recent Developments/Updates
6.4 Galactic
6.4.1 Galactic Company Information
6.4.2 Galactic Description and Business Overview
6.4.3 Galactic Lactic Acids Sales, Revenue and Gross Margin (2020-2025)
6.4.4 Galactic Lactic Acids Product Portfolio
6.4.5 Galactic Recent Developments/Updates
6.5 BBCA Group
6.5.1 BBCA Group Company Information
6.5.2 BBCA Group Description and Business Overview
6.5.3 BBCA Group Lactic Acids Sales, Revenue and Gross Margin (2020-2025)
6.5.4 BBCA Group Lactic Acids Product Portfolio
6.5.5 BBCA Group Recent Developments/Updates
6.6 Jungbunzlauer
6.6.1 Jungbunzlauer Company Information
6.6.2 Jungbunzlauer Description and Business Overview
6.6.3 Jungbunzlauer Lactic Acids Sales, Revenue and Gross Margin (2020-2025)
6.6.4 Jungbunzlauer Lactic Acids Product Portfolio
6.6.5 Jungbunzlauer Recent Developments/Updates
6.7 Shandong Parkson Biotechnology
6.7.1 Shandong Parkson Biotechnology Company Information
6.7.2 Shandong Parkson Biotechnology Description and Business Overview
6.7.3 Shandong Parkson Biotechnology Lactic Acids Sales, Revenue and Gross Margin (2020-2025)
6.7.4 Shandong Parkson Biotechnology Lactic Acids Product Portfolio
6.7.5 Shandong Parkson Biotechnology Recent Developments/Updates
6.8 Musashino Chemical
6.8.1 Musashino Chemical Company Information
6.8.2 Musashino Chemical Description and Business Overview
6.8.3 Musashino Chemical Lactic Acids Sales, Revenue and Gross Margin (2020-2025)
6.8.4 Musashino Chemical Lactic Acids Product Portfolio
6.8.5 Musashino Chemical Recent Developments/Updates
6.9 Henan Xinghan Biotechnology
6.9.1 Henan Xinghan Biotechnology Company Information
6.9.2 Henan Xinghan Biotechnology Description and Business Overview
6.9.3 Henan Xinghan Biotechnology Lactic Acids Sales, Revenue and Gross Margin (2020-2025)
6.9.4 Henan Xinghan Biotechnology Lactic Acids Product Portfolio
6.9.5 Henan Xinghan Biotechnology Recent Developments/Updates
6.10 Wuhan Sanjiang Space Good Biotech
6.10.1 Wuhan Sanjiang Space Good Biotech Company Information
6.10.2 Wuhan Sanjiang Space Good Biotech Description and Business Overview
6.10.3 Wuhan Sanjiang Space Good Biotech Lactic Acids Sales, Revenue and Gross Margin (2020-2025)
6.10.4 Wuhan Sanjiang Space Good Biotech Lactic Acids Product Portfolio
6.10.5 Wuhan Sanjiang Space Good Biotech Recent Developments/Updates
6.11 Shandong Shouguang Juneng Golden
6.11.1 Shandong Shouguang Juneng Golden Company Information
6.11.2 Shandong Shouguang Juneng Golden Description and Business Overview
6.11.3 Shandong Shouguang Juneng Golden Lactic Acids Sales, Revenue and Gross Margin (2020-2025)
6.11.4 Shandong Shouguang Juneng Golden Lactic Acids Product Portfolio
6.11.5 Shandong Shouguang Juneng Golden Recent Developments/Updates
6.12 Shanxi Leda Biochemical
6.12.1 Shanxi Leda Biochemical Company Information
6.12.2 Shanxi Leda Biochemical Description and Business Overview
6.12.3 Shanxi Leda Biochemical Lactic Acids Sales, Revenue and Gross Margin (2020-2025)
6.12.4 Shanxi Leda Biochemical Lactic Acids Product Portfolio
6.12.5 Shanxi Leda Biochemical Recent Developments/Updates
6.13 Shangdong Fullsail
6.13.1 Shangdong Fullsail Company Information
6.13.2 Shangdong Fullsail Description and Business Overview
6.13.3 Shangdong Fullsail Lactic Acids Sales, Revenue and Gross Margin (2020-2025)
6.13.4 Shangdong Fullsail Lactic Acids Product Portfolio
6.13.5 Shangdong Fullsail Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Lactic Acids Industry Chain Analysis
7.2 Lactic Acids Raw Material Supply Analysis
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Lactic Acids Production Mode & Process Analysis
7.4 Lactic Acids Sales and Marketing
7.4.1 Lactic Acids Sales Channels
7.4.2 Lactic Acids Distributors
7.5 Lactic Acids Customer Analysis
8 Lactic Acids Market Dynamics
8.1 Lactic Acids Industry Trends
8.2 Lactic Acids Market Drivers
8.3 Lactic Acids Market Challenges
8.4 Lactic Acids Market Restraints
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
List of TablesList of Tables
Table 1. Global Lactic Acids Market Value Comparison by Type (2024 VS 2031) & (US$ Million)
Table 2. Global Lactic Acids Market Value by Application (2024 VS 2031) & (US$ Million)
Table 3. Global Lactic Acids Market Competitive Situation by Manufacturers in 2024
Table 4. Global Lactic Acids Sales (K MT) of Key Manufacturers (2020-2025)
Table 5. Global Lactic Acids Sales Market Share by Manufacturers (2020-2025)
Table 6. Global Lactic Acids Revenue (US$ Million) by Manufacturers (2020-2025)
Table 7. Global Lactic Acids Revenue Share by Manufacturers (2020-2025)
Table 8. Global Market Lactic Acids Average Price (USD/MT) of Key Manufacturers (2020-2025)
Table 9. Global Key Players of Lactic Acids, Industry Ranking, 2022 VS 2023 VS 2024
Table 10. Global Key Manufacturers of Lactic Acids, Manufacturing Sites & Headquarters
Table 11. Global Key Manufacturers of Lactic Acids, Product Type & Application
Table 12. Global Key Manufacturers of Lactic Acids, Date of Enter into This Industry
Table 13. Global Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Global Lactic Acids by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Lactic Acids as of 2024)
Table 15. Manufacturers Mergers & Acquisitions, Expansion Plans
Table 16. Global Lactic Acids Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
Table 17. Global Lactic Acids Sales by Region (2020-2025) & (K MT)
Table 18. Global Lactic Acids Sales Market Share by Region (2020-2025)
Table 19. Global Lactic Acids Sales by Region (2026-2031) & (K MT)
Table 20. Global Lactic Acids Sales Market Share by Region (2026-2031)
Table 21. Global Lactic Acids Revenue by Region (2020-2025) & (US$ Million)
Table 22. Global Lactic Acids Revenue Market Share by Region (2020-2025)
Table 23. Global Lactic Acids Revenue by Region (2026-2031) & (US$ Million)
Table 24. Global Lactic Acids Revenue Market Share by Region (2026-2031)
Table 25. North America Lactic Acids Revenue by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 26. North America Lactic Acids Sales by Country (2020-2025) & (K MT)
Table 27. North America Lactic Acids Sales by Country (2026-2031) & (K MT)
Table 28. North America Lactic Acids Revenue by Country (2020-2025) & (US$ Million)
Table 29. North America Lactic Acids Revenue by Country (2026-2031) & (US$ Million)
Table 30. Europe Lactic Acids Revenue by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 31. Europe Lactic Acids Sales by Country (2020-2025) & (K MT)
Table 32. Europe Lactic Acids Sales by Country (2026-2031) & (K MT)
Table 33. Europe Lactic Acids Revenue by Country (2020-2025) & (US$ Million)
Table 34. Europe Lactic Acids Revenue by Country (2026-2031) & (US$ Million)
Table 35. Asia Pacific Lactic Acids Revenue by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 36. Asia Pacific Lactic Acids Sales by Region (2020-2025) & (K MT)
Table 37. Asia Pacific Lactic Acids Sales by Region (2026-2031) & (K MT)
Table 38. Asia Pacific Lactic Acids Revenue by Region (2020-2025) & (US$ Million)
Table 39. Asia Pacific Lactic Acids Revenue by Region (2026-2031) & (US$ Million)
Table 40. Latin America Lactic Acids Revenue by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 41. Latin America Lactic Acids Sales by Country (2020-2025) & (K MT)
Table 42. Latin America Lactic Acids Sales by Country (2026-2031) & (K MT)
Table 43. Latin America Lactic Acids Revenue by Country (2020-2025) & (US$ Million)
Table 44. Latin America Lactic Acids Revenue by Country (2026-2031) & (US$ Million)
Table 45. Middle East and Africa Lactic Acids Revenue by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 46. Middle East and Africa Lactic Acids Sales by Country (2020-2025) & (K MT)
Table 47. Middle East and Africa Lactic Acids Sales by Country (2026-2031) & (K MT)
Table 48. Middle East and Africa Lactic Acids Revenue by Country (2020-2025) & (US$ Million)
Table 49. Middle East and Africa Lactic Acids Revenue by Country (2026-2031) & (US$ Million)
Table 50. Global Lactic Acids Sales (K MT) by Type (2020-2025)
Table 51. Global Lactic Acids Sales (K MT) by Type (2026-2031)
Table 52. Global Lactic Acids Sales Market Share by Type (2020-2025)
Table 53. Global Lactic Acids Sales Market Share by Type (2026-2031)
Table 54. Global Lactic Acids Revenue (US$ Million) by Type (2020-2025)
Table 55. Global Lactic Acids Revenue (US$ Million) by Type (2026-2031)
Table 56. Global Lactic Acids Revenue Market Share by Type (2020-2025)
Table 57. Global Lactic Acids Revenue Market Share by Type (2026-2031)
Table 58. Global Lactic Acids Price (USD/MT) by Type (2020-2025)
Table 59. Global Lactic Acids Price (USD/MT) by Type (2026-2031)
Table 60. Global Lactic Acids Sales (K MT) by Application (2020-2025)
Table 61. Global Lactic Acids Sales (K MT) by Application (2026-2031)
Table 62. Global Lactic Acids Sales Market Share by Application (2020-2025)
Table 63. Global Lactic Acids Sales Market Share by Application (2026-2031)
Table 64. Global Lactic Acids Revenue (US$ Million) by Application (2020-2025)
Table 65. Global Lactic Acids Revenue (US$ Million) by Application (2026-2031)
Table 66. Global Lactic Acids Revenue Market Share by Application (2020-2025)
Table 67. Global Lactic Acids Revenue Market Share by Application (2026-2031)
Table 68. Global Lactic Acids Price (USD/MT) by Application (2020-2025)
Table 69. Global Lactic Acids Price (USD/MT) by Application (2026-2031)
Table 70. Corbion Company Information
Table 71. Corbion Description and Business Overview
Table 72. Corbion Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 73. Corbion Lactic Acids Product
Table 74. Corbion Recent Developments/Updates
Table 75. NatureWorks Company Information
Table 76. NatureWorks Description and Business Overview
Table 77. NatureWorks Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 78. NatureWorks Lactic Acids Product
Table 79. NatureWorks Recent Developments/Updates
Table 80. Henan Jindan Lactic Acid Technology Company Information
Table 81. Henan Jindan Lactic Acid Technology Description and Business Overview
Table 82. Henan Jindan Lactic Acid Technology Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 83. Henan Jindan Lactic Acid Technology Lactic Acids Product
Table 84. Henan Jindan Lactic Acid Technology Recent Developments/Updates
Table 85. Galactic Company Information
Table 86. Galactic Description and Business Overview
Table 87. Galactic Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 88. Galactic Lactic Acids Product
Table 89. Galactic Recent Developments/Updates
Table 90. BBCA Group Company Information
Table 91. BBCA Group Description and Business Overview
Table 92. BBCA Group Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 93. BBCA Group Lactic Acids Product
Table 94. BBCA Group Recent Developments/Updates
Table 95. Jungbunzlauer Company Information
Table 96. Jungbunzlauer Description and Business Overview
Table 97. Jungbunzlauer Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 98. Jungbunzlauer Lactic Acids Product
Table 99. Jungbunzlauer Recent Developments/Updates
Table 100. Shandong Parkson Biotechnology Company Information
Table 101. Shandong Parkson Biotechnology Description and Business Overview
Table 102. Shandong Parkson Biotechnology Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 103. Shandong Parkson Biotechnology Lactic Acids Product
Table 104. Shandong Parkson Biotechnology Recent Developments/Updates
Table 105. Musashino Chemical Company Information
Table 106. Musashino Chemical Description and Business Overview
Table 107. Musashino Chemical Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 108. Musashino Chemical Lactic Acids Product
Table 109. Musashino Chemical Recent Developments/Updates
Table 110. Henan Xinghan Biotechnology Company Information
Table 111. Henan Xinghan Biotechnology Description and Business Overview
Table 112. Henan Xinghan Biotechnology Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 113. Henan Xinghan Biotechnology Lactic Acids Product
Table 114. Henan Xinghan Biotechnology Recent Developments/Updates
Table 115. Wuhan Sanjiang Space Good Biotech Company Information
Table 116. Wuhan Sanjiang Space Good Biotech Description and Business Overview
Table 117. Wuhan Sanjiang Space Good Biotech Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 118. Wuhan Sanjiang Space Good Biotech Lactic Acids Product
Table 119. Wuhan Sanjiang Space Good Biotech Recent Developments/Updates
Table 120. Shandong Shouguang Juneng Golden Company Information
Table 121. Shandong Shouguang Juneng Golden Description and Business Overview
Table 122. Shandong Shouguang Juneng Golden Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 123. Shandong Shouguang Juneng Golden Lactic Acids Product
Table 124. Shandong Shouguang Juneng Golden Recent Developments/Updates
Table 125. Shanxi Leda Biochemical Company Information
Table 126. Shanxi Leda Biochemical Description and Business Overview
Table 127. Shanxi Leda Biochemical Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 128. Shanxi Leda Biochemical Lactic Acids Product
Table 129. Shanxi Leda Biochemical Recent Developments/Updates
Table 130. Shangdong Fullsail Company Information
Table 131. Shangdong Fullsail Description and Business Overview
Table 132. Shangdong Fullsail Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 133. Shangdong Fullsail Lactic Acids Product
Table 134. Shangdong Fullsail Recent Developments/Updates
Table 135. Key Raw Materials Lists
Table 136. Raw Materials Key Suppliers Lists
Table 137. Lactic Acids Distributors List
Table 138. Lactic Acids Customers List
Table 139. Lactic Acids Market Trends
Table 140. Lactic Acids Market Drivers
Table 141. Lactic Acids Market Challenges
Table 142. Lactic Acids Market Restraints
Table 143. Research Programs/Design for This Report
Table 144. Key Data Information from Secondary Sources
Table 145. Key Data Information from Primary Sources
Table 146. Authors List of This Report
List of Figures
Figure 1. Product Picture of Lactic Acids
Figure 2. Global Lactic Acids Market Value Comparison by Type (2020-2031) & (US$ Million)
Figure 3. Global Lactic Acids Market Share by Type: 2024 & 2031
Figure 4. DL-Lactic Acid Product Picture
Figure 5. D-Lactic Acid Product Picture
Figure 6. L-Lactic Acid Product Picture
Figure 7. Global Lactic Acids Market Value by Application (2020-2031) & (US$ Million)
Figure 8. Global Lactic Acids Market Share by Application: 2024 & 2031
Figure 9. Food & Beverage
Figure 10. Polylactic Acid
Figure 11. Industrial
Figure 12. Pharmaceutical
Figure 13. Personal Care
Figure 14. Others
Figure 15. Global Lactic Acids Revenue, (US$ Million), 2020 VS 2024 VS 2031
Figure 16. Global Lactic Acids Market Size (2020-2031) & (US$ Million)
Figure 17. Global Lactic Acids Sales (2020-2031) & (K MT)
Figure 18. Global Lactic Acids Average Price (USD/MT) & (2020-2031)
Figure 19. Lactic Acids Report Years Considered
Figure 20. Lactic Acids Sales Share by Manufacturers in 2024
Figure 21. Global Lactic Acids Revenue Share by Manufacturers in 2024
Figure 22. Global 5 and 10 Largest Lactic Acids Players: Market Share by Revenue in Lactic Acids in 2024
Figure 23. Lactic Acids Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 24. Global Lactic Acids Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
Figure 25. North America Lactic Acids Sales Market Share by Country (2020-2031)
Figure 26. North America Lactic Acids Revenue Market Share by Country (2020-2031)
Figure 27. U.S. Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 28. Canada Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 29. Europe Lactic Acids Sales Market Share by Country (2020-2031)
Figure 30. Europe Lactic Acids Revenue Market Share by Country (2020-2031)
Figure 31. Germany Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 32. France Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 33. U.K. Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 34. Italy Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 35. Russia Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 36. Asia Pacific Lactic Acids Sales Market Share by Region (2020-2031)
Figure 37. Asia Pacific Lactic Acids Revenue Market Share by Region (2020-2031)
Figure 38. China Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 39. Japan Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 40. South Korea Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 41. India Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 42. Australia Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 43. Taiwan Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 44. Indonesia Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 45. Thailand Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 46. Malaysia Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 47. Philippines Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 48. Latin America Lactic Acids Sales Market Share by Country (2020-2031)
Figure 49. Latin America Lactic Acids Revenue Market Share by Country (2020-2031)
Figure 50. Mexico Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 51. Brazil Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 52. Argentina Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 53. Middle East and Africa Lactic Acids Sales Market Share by Country (2020-2031)
Figure 54. Middle East and Africa Lactic Acids Revenue Market Share by Country (2020-2031)
Figure 55. Turkey Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 56. Saudi Arabia Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 57. U.A.E Lactic Acids Revenue Growth Rate (2020-2031) & (US$ Million)
Figure 58. Global Sales Market Share of Lactic Acids by Type (2020-2031)
Figure 59. Global Revenue Market Share of Lactic Acids by Type (2020-2031)
Figure 60. Global Lactic Acids Price (USD/MT) by Type (2020-2031)
Figure 61. Global Sales Market Share of Lactic Acids by Application (2020-2031)
Figure 62. Global Revenue Market Share of Lactic Acids by Application (2020-2031)
Figure 63. Global Lactic Acids Price (USD/MT) by Application (2020-2031)
Figure 64. Lactic Acids Value Chain
Figure 65. Channels of Distribution (Direct Vs Distribution)
Figure 66. Bottom-up and Top-down Approaches for This Report
Figure 67. Data Triangulation
Figure 68. Key Executives Interviewed
Published By : QY Research
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