Report overview
L-lactic acid is a natural isomer while D-lactic acid is an unnatural form of isomer. ?Natural L-lactic acid is also known as milk acid, which is available in powder and liquid form. Natural L-lactic acid is been used for a long time in various industries such as food, beverage, pharmaceutical, cosmetics, animal feed, chemical, etc. Natural L-lactic acid provides important properties such as improves the texture of the medicinal formulations, improves flavour, increases microbial stabilities during beer production, and also offers antimicrobial properties.
This report aims to provide a comprehensive presentation of the global market for Natural L-Lactic Acid, 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 Natural L-Lactic Acid. This report contains market size and forecasts of Natural L-Lactic Acid in global, including the following market information:
Global Natural L-Lactic Acid Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Natural L-Lactic Acid Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Natural L-Lactic Acid companies in 2022 (%)
The global Natural L-Lactic Acid market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Powdered L-Lactic Acid Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Natural L-Lactic Acid include Corbion, Jungbunzlauer Suisse AG, Galactic, Prathista Industries Limited, Penta Manufacturing Company, Lee Biosolutions, Wuhan Sanjiang Space Good Biotech and Tripura Biotech Limited, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Natural L-Lactic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Natural L-Lactic Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Natural L-Lactic Acid Market Segment Percentages, by Type, 2022 (%)
Powdered L-Lactic Acid
Liquid L-Lactic Acid
Global Natural L-Lactic Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Natural L-Lactic Acid Market Segment Percentages, by Application, 2022 (%)
Food and Beverage Processing
Cosmetic
Pharmaceutical Industry
Other
Global Natural L-Lactic Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Natural L-Lactic Acid Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Natural L-Lactic Acid revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Natural L-Lactic Acid revenues share in global market, 2022 (%)
Key companies Natural L-Lactic Acid sales in global market, 2018-2023 (Estimated), (MT)
Key companies Natural L-Lactic Acid sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Corbion
Jungbunzlauer Suisse AG
Galactic
Prathista Industries Limited
Penta Manufacturing Company
Lee Biosolutions
Wuhan Sanjiang Space Good Biotech
Tripura Biotech Limited
Outline of Major Chapters:
Chapter 1: Introduces the definition of Natural L-Lactic Acid, market overview.
Chapter 2: Global Natural L-Lactic Acid market size in revenue and volume.
Chapter 3: Detailed analysis of Natural L-Lactic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
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: Sales of Natural L-Lactic Acid 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 of each country in the world.
Chapter 7: 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 8: Global Natural L-Lactic Acid capacity by region & country.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
