Press release
Global Lactic Acid Market Poised for Remarkable Growth as Demand Surges Across Food, Pharma & Bioplastics Sectors 2025 | DataM Intelligence
Market Overview:The Lactic Acid Market is expected to reach at a CAGR of 9.2% during the forecast period 2024-2031.
Lactic Acid Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Lactic Acid Market encompasses the production, distribution, and application of lactic acid, an organic acid derived from fermentation of carbohydrates. It is widely used in food and beverages, pharmaceuticals, cosmetics, and biodegradable plastics. Growing demand for sustainable materials, natural preservatives, and eco-friendly products drives market growth across various industries globally.
Industry News of USA and Japan:
United States:
BASF introduced a new lactic acid grade for clean-label cosmetics (December 2024):
BASF launched a high-efficacy, clean-label lactic acid specifically tailored for natural preservation in cosmetic products, meeting rising consumer demand in 2025 for eco-friendly personal care ingredients.
Japan:
Surge in R&D and PLA Applications:
The Japanese lactic acid and PLA (polylactic acid) market is gaining traction in industries like packaging, textiles, and medical devices. Growth is driven by government policies promoting sustainable materials, technological advances, and innovative PLA uses.
Key Players:
Musashino Chemical (China) Co., Ltd.
Cargill, Incorporated.
Henan Jindan Lactic Acid Technology Co. Ltd.
BASF SE
The Dow Chemical Company
NingXia Hypow Bio-Technology Co., Ltd.
Galactic
Cellulac
Corbion
NatureWorks LLC.
Growth Forecast Projected:
The Global Lactic Acid Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Lactic Acid Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Market Segmentation:
By Source: Natural Sources, Synthetic Sources.
By Application: Food and Beverages, Biodegradable Plastics and Polymers, Chemical Industry, Personal Care Products, Others.
Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Lactic Acid market?
➠ Who are the leading manufacturers in the global Lactic Acid industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Lactic Acid industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Lactic Acid market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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