PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1750240
PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1750240
Global Lactic Acid Market Assessment, By Source, By Grade By Application, By End-User Industry, By Region, Opportunities and Forecast, 2018-2032F
Global lactic acid market is projected to witness a CAGR of 8.56% during the forecast period 2025-2032, growing from USD 2.52 billion in 2025 to USD 4.86 billion in 2032. Global lactic acid market is growing at a robust growth rate due to its versatility. Lactic acid is used in various industries and applications as it is organic in nature. As the world is moving towards sustainable and eco-friendly solutions, lactic acid is gaining popularity. It is produced mostly through the fermentation of carbohydrates. It is mostly used for food preservation, flavoring, and acidity regulator for food and beverage products, in addition to its use in the manufacturing of biodegradable plastics and personal care products. Lactic acid is widely used in many food products where it plays a significant role. Some of the products where lactic acid is extensively used are yogurt, pickles and sauces. Formulating food applications from lactic acid has improved freshness and enhanced shelf life. Continued interest in the use of natural and organic ingredients has led to an increased application of lactic acid.
In the pharmaceutical sector, lactic acid is used in drug formulation as well as excipients. Due to the compatibility nature, it is successful applied in the different application of medical sector such as tissue engineering and drug delivery systems. With the trend toward sustainability, the market for lactic acid has shown a notable shift. Increasing industrial interest in non-polluting nature has brought lactic acid to the forefront in the production of biodegradable plastics like polylactic acid, which is used in packaging, disposable cutlery, and other similar applications that are reflective of changes toward sustainable material.
Growing Demand for Sustainable and Biodegradable Products Drives Lactic Acid Market Expansion
Lactic acid is a naturally biodegradable compound, which sees rapid gains in the manufacturing of polylactic acid (PLA), which is a green substitute for non-biodegradable petroleum-based plastics. Along with the market pressure from the side of green material, with increasing environmental regulation needs, this, in its turn, has also increased demand for lactic acid in bioplastics. An increasing trend among consumers towards organic and natural, plant-derived food items also requires lactic acid as a food and beverage preservative and as a flavoring agent. The pharmaceutical and personal care sectors are also propelling the market forward, as lactic acid is employed in wound care, anti-aging products, and exfoliation solutions. The quick advancement of fermentation technology and implementation of sustainable production techniques are also fueling the growth of the market. For instance, in April 2024, SK Geo Centric announced the development of microbial fermentation technology. This technology will reduce production costs and increase chemical byproducts, which enhances the feasibility of lactic acid production. This increases the demand of lactic acid which in turn increases the potential of producing bio-based products, plastics like polylactic acid (PLA).
Lactic Acid Bacteria Paving the Way for Sustainable Vitamin B2 Production
One of the major factors of increasing lactic acid penetration in the food industry is due to the increasing demand for natural and sustainable solutions. It acts as an organic acid, which is used in preservation of food, biodegradable plastics and cosmetic formulations as it is eco-friendly in nature. Over the last few years, the trend of consumers in favor of clean-label products and sustainable solutions has contributed further to the growth of demand for lactic acid.
The market is increasing due to newer biotechnological processes. From a long-standing association with fermentation, the lactic acid bacteria groups currently hold a lot of positions of prominence in scientific innovation work. Scientists take these bacteria for developing innovative revolutionary solutions that may be low in cost, gentle on the environment, and very scalable.
For instance, in December 2024, Technical University of Denmark has revolutionized the production of vitamin B2, using the food grade lactic acid. The method of formation is heating the bacteria which will create a vast quantity of vitamin B2. This sustainable method is economical, does not rely on the complex purification process and feasible for the food-grade. With this successful process, it increases the potential of the lactic acid, taps the global challenges such as vitamin deficiencies in developing regions. The innovative use of lactic acid bacteria exemplifies the market's transformative role in enabling sustainable solutions, paving the way for future applications in food fortification and beyond.
Dominance of Food Additive Application
The most prominent use of lactic acid in the market remains the food additive because of a rise in demand from the food and beverage market for natural and renewable additives. Lactic acid is widely used as a preservative, flavoring, and pH adjuster in processed food, dairy, and beverages owing to its biocompatibility and biodegradability. Burgeoning demand for organic and clean-label foods has again favored the use of lactic acid as a natural food additive. Additionally, consumer awareness concerning food safety and shelf life has raised the use of lactic acid as a food ingredient.
Applications in food production aside, sustainable production methods and innovations into lactic acid have also brought life into the usage of this compound because it is now cost-effective and environmentally friendly. For instance, in August 2023, Nanyang Technological University, Singapore (NTU Singapore) scientists engineered a new technique for producing lactic acid by utilizing discarded jackfruit seeds. This novel process is also cheaper and greener since it reduces chemical consumption, yields no by-products at all, and minimizes food waste. The NTU's new method stands out in the traditional industrial production processes that utilize fermentation of raw materials such as sugarcane, corn starch, and beetroot sugar, the cost of which is now getting too high with scarce land for agriculture and inflation raging the global sustainable development objectives of which it now aligns with. Such advancements are likely to further enhance the growth and adoption of lactic acid across industries, solidifying its dominance as a critical component in the food additive segment.
Asia-Pacific to Witness Highest Growth Rate in Lactic Acid Market
Asia-Pacific region is expected to grow at the faster rate during the forecast period. The demand is anticipated to increase at a rapid rate due to the increasing usage across the food and beverages, personal care, and pharmaceutical industries. The growth in the market is primarily led by countries such as China, India, and Japan because of biotechnological advancements and government policies toward green manufacturing. Additionally, increased demand for biodegradable plastics and bio-based chemicals has significantly supported the prospects of this market in the region. China is one of the major contributors to the Asia-Pacific lactic acid market, with significant improvements in production capacities. For instance, in April 2022, Qingdao Shengda Commercial & Trade Co., Ltd., the export and sales company of Zhucheng Xingmao Corn Developing Co., Ltd. (Xingmao Group), initiated l-lactic acid production at its Jingliang Longjiang Biotechnology Engineering Co., Ltd. factory in Suihua City, Heilongjiang Province. It boasts a production capacity of 50,000 tons per year. As such, the facility reiterates the determination of China towards the global demand for lactic acid on high quality and not only provides further support towards its industrial development but also further assists in enhancing regional market demand; thus, the Asia-Pacific shall maintain its place at the helm in terms of consumption and production in lactic acid.
Future Market Scenario (2025 - 2032F)
The demand for lactic acid is gaining higher customer demand for eco-friendly and biodegradable products. Lactic acid will play a more significant role in producing biodegradable material as industries move in their march to locate sustainable alternatives to traditional plastics.
Lactic acid is one of the most widely used preservatives and flavouring agents in food and beverages. The clean-label products and natural ingredients trend will have the manufacturers introduce lactic acid more often, making its market even larger.
Process innovations in fermentation and production should enhance the production efficiency of lactic acid. Such advances would reduce costs associated with producing this acid, leading to a high availability rate in several applications.
Lactic acid provides an opportunity for the pharmaceutical sector to create novel formulations and delivery methods. Due to its biocompatibility and biodegradability, it is especially appealing for creating innovative medical products, which will drive market expansion.
Key Players Landscape and Outlook
Global lactic acid market is relatively competitive and dominated by some major players that influence the dynamics of the market, providing improved solutions and investments in research to meet the increase in demand in various industries across the globe for lactic acid. The increase in applications across food and beverage, personal care, pharmaceutical, and bioplastic sectors propels the market further.
The outlook for the lactic acid market continues to be positive, as of now, with strong demand expected to rise because of an increasing preference for sustainable and bio-based products. Emerging applications of lactic acid in biodegradable plastics and green solvents can offer promising opportunities for market players. The market also remains driven by strategic collaborations, expansions, and technological advancements by major manufacturers.
For instance, in February 2024, NIZO Food Research B.V. announced a long-term contract manufacturing partnership with dsm-firmenich. Under this partnership, NIZO acquired the neighboring lactic acid facility from Vika Nutrition B.V. The strategic partnership below underlines NIZO's scientific expertise in food and health research and makes this company an important partner for dsm-firmenich in lactic acid supply and future R&D projects.
Table of Contents
1. Project Scope and Definitions
2. Research Methodology
3. Impact of U.S. Tariffs
4. Executive Summary
5. Voice of Customers
- 5.1. Factors Considered in Purchase Decisions
- 5.1.1. Price Volatility
- 5.1.2. Supply Chain Stability
- 5.1.3. Environmental Regulations
- 5.1.4. Product Quality
6. Global Lactic Acid Market Outlook, 2018-2032F
- 6.1. Market Size Analysis & Forecast
- 6.1.1. By Value
- 6.1.2. By Volume
- 6.2. Market Share Analysis & Forecast
- 6.2.1. By Source
- 6.2.1.1. Synthetic
- 6.2.1.2. Bio-based
- 6.2.2. By Grade
- 6.2.2.1. Pharma Grade
- 6.2.2.2. Food Grade
- 6.2.2.3. Others
- 6.2.3. By Application
- 6.2.3.1. Food Additive
- 6.2.3.2. Antioxidant and Acidulant
- 6.2.3.3. Drug Formulation
- 6.2.3.4. Skin Care
- 6.2.3.5. Oral Care
- 6.2.3.6. Bioplastics Production
- 6.2.3.7. Solvent and Cleaning Agents
- 6.2.3.8. Metal Cleaning
- 6.2.3.9. Others
- 6.2.4. By End-User Industry
- 6.2.4.1. Food and Beverage
- 6.2.4.2. Pharmaceuticals
- 6.2.4.3. Personal Care
- 6.2.4.4. Industrial
- 6.2.4.5. Chemical
- 6.2.4.6. Agriculture
- 6.2.4.7. Others
- 6.2.5. By Region
- 6.2.5.1. North America
- 6.2.5.2. Europe
- 6.2.5.3. Asia-Pacific
- 6.2.5.4. South America
- 6.2.5.5. Middle East and Africa
- 6.2.6. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2024)
- 6.2.1. By Source
- 6.3. Market Map Analysis, 2024
- 6.3.1. By Source
- 6.3.2. By Grade
- 6.3.3. By Application
- 6.3.4. By End-User Industry
- 6.3.5. By Region
7. North America Lactic Acid Market Outlook, 2018-2032F*
- 7.1. Market Size Analysis & Forecast
- 7.1.1. By Value
- 7.1.2. By Volume
- 7.2. Market Share Analysis & Forecast
- 7.2.1. By Source
- 7.2.1.1. Synthetic
- 7.2.1.2. Bio-based
- 7.2.2. By Grade
- 7.2.2.1. Pharma Grade
- 7.2.2.2. Food Grade
- 7.2.2.3. Others
- 7.2.3. By Application
- 7.2.3.1. Food Additive
- 7.2.3.2. Antioxidant and Acidulant
- 7.2.3.3. Drug Formulation
- 7.2.3.4. Skin Care
- 7.2.3.5. Oral Care
- 7.2.3.6. Bioplastics Production
- 7.2.3.7. Solvent and Cleaning Agents
- 7.2.3.8. Metal Cleaning
- 7.2.3.9. Others
- 7.2.4. By End-User Industry
- 7.2.4.1. Food and Beverage
- 7.2.4.2. Pharmaceuticals
- 7.2.4.3. Personal Care
- 7.2.4.4. Industrial
- 7.2.4.5. Chemical
- 7.2.4.6. Agriculture
- 7.2.4.7. Others
- 7.2.5. By Country Share
- 7.2.5.1. United States
- 7.2.5.2. Canada
- 7.2.5.3. Mexico
- 7.2.1. By Source
- 7.3. Country Market Assessment
- 7.3.1. United States Lactic Acid Market Outlook, 2018-2032F*
- 7.3.1.1. Market Size Analysis & Forecast
- 7.3.1.1.1. By Value
- 7.3.1.1.2. By Volume
- 7.3.1.2. Market Share Analysis & Forecast
- 7.3.1.2.1. By Source
- 7.3.1.2.1.1. Synthetic
- 7.3.1.2.1.2. Bio-based
- 7.3.1.2.2. By Grade
- 7.3.1.2.2.1. Pharma Grade
- 7.3.1.2.2.2. Food Grade
- 7.3.1.2.2.3. Others
- 7.3.1.2.3. By Application
- 7.3.1.2.3.1. Food Additive
- 7.3.1.2.3.2. Antioxidant and Acidulant
- 7.3.1.2.3.3. Drug Formulation
- 7.3.1.2.3.4. Skin Care
- 7.3.1.2.3.5. Oral Care
- 7.3.1.2.3.6. Bioplastics Production
- 7.3.1.2.3.7. Solvent and Cleaning Agents
- 7.3.1.2.3.8. Metal Cleaning
- 7.3.1.2.3.9. Others
- 7.3.1.2.4. By End-User Industry
- 7.3.1.2.4.1. Food and Beverage
- 7.3.1.2.4.2. Pharmaceuticals
- 7.3.1.2.4.3. Personal Care
- 7.3.1.2.4.4. Industrial
- 7.3.1.2.4.5. Chemical
- 7.3.1.2.4.6. Agriculture
- 7.3.1.2.4.7. Others
- 7.3.1.2.1. By Source
- 7.3.1.1. Market Size Analysis & Forecast
- 7.3.2. Canada
- 7.3.3. Mexico
- 7.3.1. United States Lactic Acid Market Outlook, 2018-2032F*
All segments will be provided for all regions and countries covered
8. Europe Lactic Acid Market Outlook, 2018-2032F
- 8.1. Germany
- 8.2. France
- 8.3. Italy
- 8.4. United Kingdom
- 8.5. Russia
- 8.6. Netherlands
- 8.7. Spain
- 8.8. Turkey
- 8.9. Poland
9. Asia-Pacific Lactic Acid Market Outlook, 2018-2032F
- 9.1. India
- 9.2. China
- 9.3. Japan
- 9.4. Australia
- 9.5. Vietnam
- 9.6. South Korea
- 9.7. Indonesia
- 9.8. Philippines
10. South America Lactic Acid Market Outlook, 2018-2032F
- 10.1. Brazil
- 10.2. Argentina
11. Middle East and Africa Lactic Acid Market Outlook, 2018-2032F
- 11.1. Saudi Arabia
- 11.2. UAE
- 11.3. South Africa
12. Value Chain Analysis
13. Porter's Five Forces Analysis
14. PESTLE Analysis
15. Pricing Analysis
16. Market Dynamics
- 16.1. Market Drivers
- 16.2. Market Challenges
17. Market Trends and Developments
18. Case Studies
19. Competitive Landscape
- 19.1. Competition Matrix of Top 5 Market Leaders
- 19.2. SWOT Analysis for Top 5 Players
- 19.3. Key Players Landscape for Top 10 Market Players
- 19.3.1. Corbion nv
- 19.3.1.1. Company Details
- 19.3.1.2. Key Management Personnel
- 19.3.1.3. Products and Services
- 19.3.1.4. Financials (As Reported)
- 19.3.1.5. Key Market Focus and Geographical Presence
- 19.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
- 19.3.2. Galactic S.A.
- 19.3.3. Henan Jindan Lactic Acid Technology Co., Ltd.
- 19.3.4. Musashino Chemical Laboratory, Ltd.
- 19.3.5. Henan Xinghan Biotechnology Co. Ltd.
- 19.3.6. Jungbunzlauer Suisse AG
- 19.3.7. Cargill Incorporated
- 19.3.8. Foodchem International Corporation
- 19.3.9. Qingdao Abel Technology Co., Ltd.
- 19.3.10. Anhui BBCA Biochemical Co., Ltd.
- 19.3.1. Corbion nv
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.
20. Strategic Recommendations
21. About Us and Disclaimer
List of Tables
- Table 1. Competition Matrix of Top 5 Market Leaders
- Table 2. Mergers & Acquisitions/ Joint Ventures (If Applicable)
- Table 3. About Us - Regions and Countries Where We Have Executed Client Projects
List of Figures
- Figure 1. Global Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 2. Global Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 3. Global Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 4. Global Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 5. Global Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 6. Global Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 7. Global Lactic Acid Market Share (%), By Region, 2018-2032F
- Figure 8. North America Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 9. North America Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 10. North America Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 11. North America Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 12. North America Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 13. North America Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 14. North America Lactic Acid Market Share (%), By Country, 2018-2032F
- Figure 15. United States Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 16. United States Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 17. United States Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 18. United States Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 19. United States Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 20. United States Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 21. Canada Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 22. Canada Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 23. Canada Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 24. Canada Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 25. Canada Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 26. Canada Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 27. Mexico Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 28. Mexico Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 29. Mexico Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 30. Mexico Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 31. Mexico Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 32. Mexico Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 33. Europe Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 34. Europe Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 35. Europe Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 36. Europe Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 37. Europe Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 38. Europe Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 39. Europe Lactic Acid Market Share (%), By Country, 2018-2032F
- Figure 40. Germany Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 41. Germany Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 42. Germany Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 43. Germany Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 44. Germany Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 45. Germany Lactic Acid Market Share (%), By End-user, 2018-2032F
- Figure 46. France Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 47. France Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 48. France Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 49. France Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 50. France Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 51. France Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 52. Italy Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 53. Italy Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 54. Italy Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 55. Italy Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 56. Italy Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 57. Italy Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 58. United Kingdom Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 59. United Kingdom Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 60. United Kingdom Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 61. United Kingdom Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 62. United Kingdom Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 63. United Kingdom Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 64. Russia Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 65. Russia Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 66. Russia Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 67. Russia Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 68. Russia Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 69. Russia Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 70. Netherlands Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 71. Netherlands Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 72. Netherlands Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 73. Netherlands Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 74. Netherlands Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 75. Netherlands Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 76. Spain Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 77. Spain Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 78. Spain Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 79. Spain Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 80. Spain Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 81. Spain Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 82. Turkey Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 83. Turkey Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 84. Turkey Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 85. Turkey Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 86. Turkey Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 87. Turkey Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 88. Poland Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 89. Poland Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 90. Poland Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 91. Poland Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 92. Poland Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 93. Poland Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 94. South America Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 95. South America Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 96. South America Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 97. South America Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 98. South America Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 99. South America Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 100. South America Lactic Acid Market Share (%), By Country, 2018-2032F
- Figure 101. Brazil Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 102. Brazil Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 103. Brazil Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 104. Brazil Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 105. Brazil Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 106. Brazil Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 107. Argentina Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 108. Argentina Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 109. Argentina Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 110. Argentina Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 111. Argentina Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 112. Argentina Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 113. Asia-Pacific Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 114. Asia-Pacific Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 115. Asia-Pacific Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 116. Asia-Pacific Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 117. Asia-Pacific Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 118. Asia-Pacific Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 119. Asia-Pacific Lactic Acid Market Share (%), By Country, 2018-2032F
- Figure 120. India Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 121. India Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 122. India Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 123. India Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 124. India Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 125. India Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 126. China Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 127. China Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 128. China Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 129. China Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 130. China Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 131. China Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 132. Japan Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 133. Japan Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 134. Japan Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 135. Japan Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 136. Japan Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 137. Japan Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 138. Australia Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 139. Australia Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 140. Australia Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 141. Australia Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 142. Australia Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 143. Australia Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 144. Vietnam Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 145. Vietnam Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 146. Vietnam Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 147. Vietnam Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 148. Vietnam Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 149. Vietnam Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 150. South Korea Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 151. South Korea Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 152. South Korea Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 153. South Korea Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 154. South Korea Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 155. South Korea Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 156. Indonesia Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 157. Indonesia Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 158. Indonesia Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 159. Indonesia Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 160. Indonesia Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 161. Indonesia Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 162. Philippines Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 163. Philippines Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 164. Philippines Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 165. Philippines Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 166. Philippines Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 167. Philippines Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 168. Middle East & Africa Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 169. Middle East & Africa Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 170. Middle East & Africa Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 171. Middle East & Africa Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 172. Middle East & Africa Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 173. Middle East & Africa Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 174. Middle East & Africa Lactic Acid Market Share (%), By Country, 2018-2032F
- Figure 175. Saudi Arabia Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 176. Saudi Arabia Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 177. Saudi Arabia Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 178. Saudi Arabia Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 179. Saudi Arabia Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 180. Saudi Arabia Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 181. UAE Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 182. UAE Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 183. UAE Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 184. UAE Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 185. UAE Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 186. UAE Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 187. South Africa Lactic Acid Market, By Value, In USD Billion, 2018-2032F
- Figure 188. South Africa Lactic Acid Market, By Volume, In Tons, 2018-2032F
- Figure 189. South Africa Lactic Acid Market Share (%), By Source, 2018-2032F
- Figure 190. South Africa Lactic Acid Market Share (%), By Grade, 2018-2032F
- Figure 191. South Africa Lactic Acid Market Share (%), By Application, 2018-2032F
- Figure 192. South Africa Lactic Acid Market Share (%), By End-User Industry, 2018-2032F
- Figure 193. By Source Map-Market Size (USD Billion) & Growth Rate (%), 2024
- Figure 194. By Grade Map-Market Size (USD Billion) & Growth Rate (%), 2024
- Figure 195. By Application Map-Market Size (USD Billion) & Growth Rate (%), 2024
- Figure 196. By End-User Industry Map-Market Size (USD Billion) & Growth Rate (%), 2024
- Figure 197. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2024
