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Lactic Acids- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Industry: Consumer Goods
Published Date: 2025-01-18
Pages: 124 Pages
Report ld: 3438002
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Lactic Acids Market Size(US$)
CAGR 2025-2031
13.7%
Market Size,2031
USD 3,990
Million
Market Snapshot
Market Size in 2025 (Value)
US$ 1,848 million
Market Forecast in 2031(Value)
US$ 3,990 million
CAGR
13.7%
Years Considered
2020-2031
Base Year
2025
Forecast Period
2025-2031
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Lactic Acids was estimated to be worth US$ 1646 million in 2024 and is forecast to a readjusted size of US$ 3990 million by 2031 with a CAGR of 13.7% during the forecast period 2025-2031.
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.
This report aims to provide a comprehensive presentation of the global market for Lactic Acids, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Lactic Acids by region & country, by Type, and by Application.
The Lactic Acids market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.
MARKET SEGMENTATION
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
Consumption by Region
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Segment by Type
- DL-Lactic Acid
- D-Lactic Acid
- L-Lactic Acid
Segment by Application
- Food & Beverage
- Polylactic Acid
- Industrial
- Pharmaceutical
- Personal Care
- Others
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 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: 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 4: 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 5: Sales, revenue of Lactic Acids in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Lactic Acids in country level. It provides sigmate data by Type, and by Application for each country/region.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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TABLE OF CONTENTS
1 Market Overview
1.1 Lactic Acids Product Introduction
1.2 Global Lactic Acids Market Size Forecast
1.2.1 Global Lactic Acids Sales Value (2020-2031)
1.2.2 Global Lactic Acids Sales Volume (2020-2031)
1.2.3 Global Lactic Acids Sales Price (2020-2031)
1.3 Lactic Acids Market Trends & Drivers
1.3.1 Lactic Acids Industry Trends
1.3.2 Lactic Acids Market Drivers & Opportunity
1.3.3 Lactic Acids Market Challenges
1.3.4 Lactic Acids Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Lactic Acids Players Revenue Ranking (2024)
2.2 Global Lactic Acids Revenue by Company (2020-2025)
2.3 Global Lactic Acids Players Sales Volume Ranking (2024)
2.4 Global Lactic Acids Sales Volume by Company Players (2020-2025)
2.5 Global Lactic Acids Average Price by Company (2020-2025)
2.6 Key Manufacturers Lactic Acids Manufacturing Base and Headquarters
2.7 Key Manufacturers Lactic Acids Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Lactic Acids
2.9 Lactic Acids Market Competitive Analysis
2.9.1 Lactic Acids Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Lactic Acids Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Lactic Acids as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 DL-Lactic Acid
3.1.2 D-Lactic Acid
3.1.3 L-Lactic Acid
3.2 Global Lactic Acids Sales Value by Type
3.2.1 Global Lactic Acids Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Lactic Acids Sales Value, by Type (2020-2031)
3.2.3 Global Lactic Acids Sales Value, by Type (%) (2020-2031)
3.3 Global Lactic Acids Sales Volume by Type
3.3.1 Global Lactic Acids Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Lactic Acids Sales Volume, by Type (2020-2031)
3.3.3 Global Lactic Acids Sales Volume, by Type (%) (2020-2031)
3.4 Global Lactic Acids Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Food & Beverage
4.1.2 Polylactic Acid
4.1.3 Industrial
4.1.4 Pharmaceutical
4.1.5 Personal Care
4.1.6 Others
4.2 Global Lactic Acids Sales Value by Application
4.2.1 Global Lactic Acids Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Lactic Acids Sales Value, by Application (2020-2031)
4.2.3 Global Lactic Acids Sales Value, by Application (%) (2020-2031)
4.3 Global Lactic Acids Sales Volume by Application
4.3.1 Global Lactic Acids Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Lactic Acids Sales Volume, by Application (2020-2031)
4.3.3 Global Lactic Acids Sales Volume, by Application (%) (2020-2031)
4.4 Global Lactic Acids Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Lactic Acids Sales Value by Region
5.1.1 Global Lactic Acids Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Lactic Acids Sales Value by Region (2020-2025)
5.1.3 Global Lactic Acids Sales Value by Region (2026-2031)
5.1.4 Global Lactic Acids Sales Value by Region (%), (2020-2031)
5.2 Global Lactic Acids Sales Volume by Region
5.2.1 Global Lactic Acids Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Lactic Acids Sales Volume by Region (2020-2025)
5.2.3 Global Lactic Acids Sales Volume by Region (2026-2031)
5.2.4 Global Lactic Acids Sales Volume by Region (%), (2020-2031)
5.3 Global Lactic Acids Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Lactic Acids Sales Value, 2020-2031
5.4.2 North America Lactic Acids Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Lactic Acids Sales Value, 2020-2031
5.5.2 Europe Lactic Acids Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Lactic Acids Sales Value, 2020-2031
5.6.2 Asia Pacific Lactic Acids Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Lactic Acids Sales Value, 2020-2031
5.7.2 South America Lactic Acids Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Lactic Acids Sales Value, 2020-2031
5.8.2 Middle East & Africa Lactic Acids Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Lactic Acids Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Lactic Acids Sales Value
6.2.1 Key Countries/Regions Lactic Acids Sales Value, 2020-2031
6.2.2 Key Countries/Regions Lactic Acids Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Lactic Acids Sales Value, 2020-2031
6.3.2 United States Lactic Acids Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Lactic Acids Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Lactic Acids Sales Value, 2020-2031
6.4.2 Europe Lactic Acids Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Lactic Acids Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Lactic Acids Sales Value, 2020-2031
6.5.2 China Lactic Acids Sales Value by Type (%), 2024 VS 2031
6.5.3 China Lactic Acids Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Lactic Acids Sales Value, 2020-2031
6.6.2 Japan Lactic Acids Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Lactic Acids Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Lactic Acids Sales Value, 2020-2031
6.7.2 South Korea Lactic Acids Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Lactic Acids Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Lactic Acids Sales Value, 2020-2031
6.8.2 Southeast Asia Lactic Acids Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Lactic Acids Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Lactic Acids Sales Value, 2020-2031
6.9.2 India Lactic Acids Sales Value by Type (%), 2024 VS 2031
6.9.3 India Lactic Acids Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Corbion
7.1.1 Corbion Company Information
7.1.2 Corbion Introduction and Business Overview
7.1.3 Corbion Lactic Acids Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Corbion Lactic Acids Product Offerings
7.1.5 Corbion Recent Development
7.2 NatureWorks
7.2.1 NatureWorks Company Information
7.2.2 NatureWorks Introduction and Business Overview
7.2.3 NatureWorks Lactic Acids Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 NatureWorks Lactic Acids Product Offerings
7.2.5 NatureWorks Recent Development
7.3 Henan Jindan Lactic Acid Technology
7.3.1 Henan Jindan Lactic Acid Technology Company Information
7.3.2 Henan Jindan Lactic Acid Technology Introduction and Business Overview
7.3.3 Henan Jindan Lactic Acid Technology Lactic Acids Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Henan Jindan Lactic Acid Technology Lactic Acids Product Offerings
7.3.5 Henan Jindan Lactic Acid Technology Recent Development
7.4 Galactic
7.4.1 Galactic Company Information
7.4.2 Galactic Introduction and Business Overview
7.4.3 Galactic Lactic Acids Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Galactic Lactic Acids Product Offerings
7.4.5 Galactic Recent Development
7.5 BBCA Group
7.5.1 BBCA Group Company Information
7.5.2 BBCA Group Introduction and Business Overview
7.5.3 BBCA Group Lactic Acids Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 BBCA Group Lactic Acids Product Offerings
7.5.5 BBCA Group Recent Development
7.6 Jungbunzlauer
7.6.1 Jungbunzlauer Company Information
7.6.2 Jungbunzlauer Introduction and Business Overview
7.6.3 Jungbunzlauer Lactic Acids Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Jungbunzlauer Lactic Acids Product Offerings
7.6.5 Jungbunzlauer Recent Development
7.7 Shandong Parkson Biotechnology
7.7.1 Shandong Parkson Biotechnology Company Information
7.7.2 Shandong Parkson Biotechnology Introduction and Business Overview
7.7.3 Shandong Parkson Biotechnology Lactic Acids Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Shandong Parkson Biotechnology Lactic Acids Product Offerings
7.7.5 Shandong Parkson Biotechnology Recent Development
7.8 Musashino Chemical
7.8.1 Musashino Chemical Company Information
7.8.2 Musashino Chemical Introduction and Business Overview
7.8.3 Musashino Chemical Lactic Acids Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Musashino Chemical Lactic Acids Product Offerings
7.8.5 Musashino Chemical Recent Development
7.9 Henan Xinghan Biotechnology
7.9.1 Henan Xinghan Biotechnology Company Information
7.9.2 Henan Xinghan Biotechnology Introduction and Business Overview
7.9.3 Henan Xinghan Biotechnology Lactic Acids Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Henan Xinghan Biotechnology Lactic Acids Product Offerings
7.9.5 Henan Xinghan Biotechnology Recent Development
7.10 Wuhan Sanjiang Space Good Biotech
7.10.1 Wuhan Sanjiang Space Good Biotech Company Information
7.10.2 Wuhan Sanjiang Space Good Biotech Introduction and Business Overview
7.10.3 Wuhan Sanjiang Space Good Biotech Lactic Acids Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Wuhan Sanjiang Space Good Biotech Lactic Acids Product Offerings
7.10.5 Wuhan Sanjiang Space Good Biotech Recent Development
7.11 Shandong Shouguang Juneng Golden
7.11.1 Shandong Shouguang Juneng Golden Company Information
7.11.2 Shandong Shouguang Juneng Golden Introduction and Business Overview
7.11.3 Shandong Shouguang Juneng Golden Lactic Acids Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Shandong Shouguang Juneng Golden Lactic Acids Product Offerings
7.11.5 Shandong Shouguang Juneng Golden Recent Development
7.12 Shanxi Leda Biochemical
7.12.1 Shanxi Leda Biochemical Company Information
7.12.2 Shanxi Leda Biochemical Introduction and Business Overview
7.12.3 Shanxi Leda Biochemical Lactic Acids Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Shanxi Leda Biochemical Lactic Acids Product Offerings
7.12.5 Shanxi Leda Biochemical Recent Development
7.13 Shangdong Fullsail
7.13.1 Shangdong Fullsail Company Information
7.13.2 Shangdong Fullsail Introduction and Business Overview
7.13.3 Shangdong Fullsail Lactic Acids Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Shangdong Fullsail Lactic Acids Product Offerings
7.13.5 Shangdong Fullsail Recent Development
8 Industry Chain Analysis
8.1 Lactic Acids Industrial Chain
8.2 Lactic Acids Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Lactic Acids Sales Model
8.5.2 Sales Channel
8.5.3 Lactic Acids Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
Table 1. Lactic Acids Market Trends
Table 2. Lactic Acids Market Drivers & Opportunity
Table 3. Lactic Acids Market Challenges
Table 4. Lactic Acids Market Restraints
Table 5. Global Lactic Acids Revenue by Company (2020-2025) & (US$ Million)
Table 6. Global Lactic Acids Revenue Market Share by Company (2020-2025)
Table 7. Global Lactic Acids Sales Volume by Company (2020-2025) & (K MT)
Table 8. Global Lactic Acids Sales Volume Market Share by Company (2020-2025)
Table 9. Global Market Lactic Acids Price by Company (2020-2025) & (USD/MT)
Table 10. Key Manufacturers Lactic Acids Manufacturing Base and Headquarters
Table 11. Key Manufacturers Lactic Acids Product Type
Table 12. Key Manufacturers Time to Begin Mass Production of Lactic Acids
Table 13. Global Lactic Acids Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Lactic Acids as of 2024)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Lactic Acids Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
Table 17. Global Lactic Acids Sales Value by Type (2020-2025) & (US$ Million)
Table 18. Global Lactic Acids Sales Value by Type (2026-2031) & (US$ Million)
Table 19. Global Lactic Acids Sales Market Share in Value by Type (2020-2025)
Table 20. Global Lactic Acids Sales Market Share in Value by Type (2026-2031)
Table 21. Global Lactic Acids Sales Volume by Type: 2020 VS 2024 VS 2031 (K MT)
Table 22. Global Lactic Acids Sales Volume by Type (2020-2025) & (K MT)
Table 23. Global Lactic Acids Sales Volume by Type (2026-2031) & (K MT)
Table 24. Global Lactic Acids Sales Market Share in Volume by Type (2020-2025)
Table 25. Global Lactic Acids Sales Market Share in Volume by Type (2026-2031)
Table 26. Global Lactic Acids Price by Type (2020-2025) & (USD/MT)
Table 27. Global Lactic Acids Price by Type (2026-2031) & (USD/MT)
Table 28. Global Lactic Acids Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
Table 29. Global Lactic Acids Sales Value by Application (2020-2025) & (US$ Million)
Table 30. Global Lactic Acids Sales Value by Application (2026-2031) & (US$ Million)
Table 31. Global Lactic Acids Sales Market Share in Value by Application (2020-2025)
Table 32. Global Lactic Acids Sales Market Share in Value by Application (2026-2031)
Table 33. Global Lactic Acids Sales Volume by Application: 2020 VS 2024 VS 2031 (K MT)
Table 34. Global Lactic Acids Sales Volume by Application (2020-2025) & (K MT)
Table 35. Global Lactic Acids Sales Volume by Application (2026-2031) & (K MT)
Table 36. Global Lactic Acids Sales Market Share in Volume by Application (2020-2025)
Table 37. Global Lactic Acids Sales Market Share in Volume by Application (2026-2031)
Table 38. Global Lactic Acids Price by Application (2020-2025) & (USD/MT)
Table 39. Global Lactic Acids Price by Application (2026-2031) & (USD/MT)
Table 40. Global Lactic Acids Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
Table 41. Global Lactic Acids Sales Value by Region (2020-2025) & (US$ Million)
Table 42. Global Lactic Acids Sales Value by Region (2026-2031) & (US$ Million)
Table 43. Global Lactic Acids Sales Value by Region (2020-2025) & (%)
Table 44. Global Lactic Acids Sales Value by Region (2026-2031) & (%)
Table 45. Global Lactic Acids Sales Volume by Region (K MT): 2020 VS 2024 VS 2031
Table 46. Global Lactic Acids Sales Volume by Region (2020-2025) & (K MT)
Table 47. Global Lactic Acids Sales Volume by Region (2026-2031) & (K MT)
Table 48. Global Lactic Acids Sales Volume by Region (2020-2025) & (%)
Table 49. Global Lactic Acids Sales Volume by Region (2026-2031) & (%)
Table 50. Global Lactic Acids Average Price by Region (2020-2025) & (USD/MT)
Table 51. Global Lactic Acids Average Price by Region (2026-2031) & (USD/MT)
Table 52. Key Countries/Regions Lactic Acids Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
Table 53. Key Countries/Regions Lactic Acids Sales Value, (2020-2025) & (US$ Million)
Table 54. Key Countries/Regions Lactic Acids Sales Value, (2026-2031) & (US$ Million)
Table 55. Key Countries/Regions Lactic Acids Sales Volume, (2020-2025) & (K MT)
Table 56. Key Countries/Regions Lactic Acids Sales Volume, (2026-2031) & (K MT)
Table 57. Corbion Company Information
Table 58. Corbion Introduction and Business Overview
Table 59. Corbion Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 60. Corbion Lactic Acids Product Offerings
Table 61. Corbion Recent Development
Table 62. NatureWorks Company Information
Table 63. NatureWorks Introduction and Business Overview
Table 64. NatureWorks Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 65. NatureWorks Lactic Acids Product Offerings
Table 66. NatureWorks Recent Development
Table 67. Henan Jindan Lactic Acid Technology Company Information
Table 68. Henan Jindan Lactic Acid Technology Introduction and Business Overview
Table 69. Henan Jindan Lactic Acid Technology Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 70. Henan Jindan Lactic Acid Technology Lactic Acids Product Offerings
Table 71. Henan Jindan Lactic Acid Technology Recent Development
Table 72. Galactic Company Information
Table 73. Galactic Introduction and Business Overview
Table 74. Galactic Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 75. Galactic Lactic Acids Product Offerings
Table 76. Galactic Recent Development
Table 77. BBCA Group Company Information
Table 78. BBCA Group Introduction and Business Overview
Table 79. BBCA Group Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 80. BBCA Group Lactic Acids Product Offerings
Table 81. BBCA Group Recent Development
Table 82. Jungbunzlauer Company Information
Table 83. Jungbunzlauer Introduction and Business Overview
Table 84. Jungbunzlauer Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 85. Jungbunzlauer Lactic Acids Product Offerings
Table 86. Jungbunzlauer Recent Development
Table 87. Shandong Parkson Biotechnology Company Information
Table 88. Shandong Parkson Biotechnology Introduction and Business Overview
Table 89. Shandong Parkson Biotechnology Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 90. Shandong Parkson Biotechnology Lactic Acids Product Offerings
Table 91. Shandong Parkson Biotechnology Recent Development
Table 92. Musashino Chemical Company Information
Table 93. Musashino Chemical Introduction and Business Overview
Table 94. Musashino Chemical Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 95. Musashino Chemical Lactic Acids Product Offerings
Table 96. Musashino Chemical Recent Development
Table 97. Henan Xinghan Biotechnology Company Information
Table 98. Henan Xinghan Biotechnology Introduction and Business Overview
Table 99. Henan Xinghan Biotechnology Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 100. Henan Xinghan Biotechnology Lactic Acids Product Offerings
Table 101. Henan Xinghan Biotechnology Recent Development
Table 102. Wuhan Sanjiang Space Good Biotech Company Information
Table 103. Wuhan Sanjiang Space Good Biotech Introduction and Business Overview
Table 104. Wuhan Sanjiang Space Good Biotech Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 105. Wuhan Sanjiang Space Good Biotech Lactic Acids Product Offerings
Table 106. Wuhan Sanjiang Space Good Biotech Recent Development
Table 107. Shandong Shouguang Juneng Golden Company Information
Table 108. Shandong Shouguang Juneng Golden Introduction and Business Overview
Table 109. Shandong Shouguang Juneng Golden Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 110. Shandong Shouguang Juneng Golden Lactic Acids Product Offerings
Table 111. Shandong Shouguang Juneng Golden Recent Development
Table 112. Shanxi Leda Biochemical Company Information
Table 113. Shanxi Leda Biochemical Introduction and Business Overview
Table 114. Shanxi Leda Biochemical Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 115. Shanxi Leda Biochemical Lactic Acids Product Offerings
Table 116. Shanxi Leda Biochemical Recent Development
Table 117. Shangdong Fullsail Company Information
Table 118. Shangdong Fullsail Introduction and Business Overview
Table 119. Shangdong Fullsail Lactic Acids Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
Table 120. Shangdong Fullsail Lactic Acids Product Offerings
Table 121. Shangdong Fullsail Recent Development
Table 122. Key Raw Materials Lists
Table 123. Raw Materials Key Suppliers Lists
Table 124. Lactic Acids Downstream Customers
Table 125. Lactic Acids Distributors List
Table 126. Research Programs/Design for This Report
Table 127. Key Data Information from Secondary Sources
Table 128. Key Data Information from Primary Sources
List of Figures
Figure 1. Lactic Acids Product Picture
Figure 2. Global Lactic Acids Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Global Lactic Acids Sales Value (2020-2031) & (US$ Million)
Figure 4. Global Lactic Acids Sales Volume (2020-2031) & (K MT)
Figure 5. Global Lactic Acids Sales Price (2020-2031) & (USD/MT)
Figure 6. Lactic Acids Report Years Considered
Figure 7. Global Lactic Acids Players Revenue Ranking (2024) & (US$ Million)
Figure 8. Global Lactic Acids Players Sales Volume Ranking (2024) & (K MT)
Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Lactic Acids Revenue in 2024
Figure 10. Lactic Acids Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 11. DL-Lactic Acid Picture
Figure 12. D-Lactic Acid Picture
Figure 13. L-Lactic Acid Picture
Figure 14. Global Lactic Acids Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
Figure 15. Global Lactic Acids Sales Value Market Share by Type, 2024 & 2031
Figure 16. Global Lactic Acids Sales Volume by Type (2020 VS 2024 VS 2031) & (K MT)
Figure 17. Global Lactic Acids Sales Volume Market Share by Type, 2024 & 2031
Figure 18. Global Lactic Acids Price by Type (2020-2031) & (USD/MT)
Figure 19. Product Picture of Food & Beverage
Figure 20. Product Picture of Polylactic Acid
Figure 21. Product Picture of Industrial
Figure 22. Product Picture of Pharmaceutical
Figure 23. Product Picture of Personal Care
Figure 24. Product Picture of Others
Figure 25. Global Lactic Acids Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
Figure 26. Global Lactic Acids Sales Value Market Share by Application, 2024 & 2031
Figure 27. Global Lactic Acids Sales Volume by Application (2020 VS 2024 VS 2031) & (K MT)
Figure 28. Global Lactic Acids Sales Volume Market Share by Application, 2024 & 2031
Figure 29. Global Lactic Acids Price by Application (2020-2031) & (USD/MT)
Figure 30. North America Lactic Acids Sales Value (2020-2031) & (US$ Million)
Figure 31. North America Lactic Acids Sales Value by Country (%), 2024 VS 2031
Figure 32. Europe Lactic Acids Sales Value, (2020-2031) & (US$ Million)
Figure 33. Europe Lactic Acids Sales Value by Country (%), 2024 VS 2031
Figure 34. Asia Pacific Lactic Acids Sales Value, (2020-2031) & (US$ Million)
Figure 35. Asia Pacific Lactic Acids Sales Value by Region (%), 2024 VS 2031
Figure 36. South America Lactic Acids Sales Value, (2020-2031) & (US$ Million)
Figure 37. South America Lactic Acids Sales Value by Country (%), 2024 VS 2031
Figure 38. Middle East & Africa Lactic Acids Sales Value, (2020-2031) & (US$ Million)
Figure 39. Middle East & Africa Lactic Acids Sales Value by Country (%), 2024 VS 2031
Figure 40. Key Countries/Regions Lactic Acids Sales Value (%), (2020-2031)
Figure 41. Key Countries/Regions Lactic Acids Sales Volume (%), (2020-2031)
Figure 42. United States Lactic Acids Sales Value, (2020-2031) & (US$ Million)
Figure 43. United States Lactic Acids Sales Value by Type (%), 2024 VS 2031
Figure 44. United States Lactic Acids Sales Value by Application (%), 2024 VS 2031
Figure 45. Europe Lactic Acids Sales Value, (2020-2031) & (US$ Million)
Figure 46. Europe Lactic Acids Sales Value by Type (%), 2024 VS 2031
Figure 47. Europe Lactic Acids Sales Value by Application (%), 2024 VS 2031
Figure 48. China Lactic Acids Sales Value, (2020-2031) & (US$ Million)
Figure 49. China Lactic Acids Sales Value by Type (%), 2024 VS 2031
Figure 50. China Lactic Acids Sales Value by Application (%), 2024 VS 2031
Figure 51. Japan Lactic Acids Sales Value, (2020-2031) & (US$ Million)
Figure 52. Japan Lactic Acids Sales Value by Type (%), 2024 VS 2031
Figure 53. Japan Lactic Acids Sales Value by Application (%), 2024 VS 2031
Figure 54. South Korea Lactic Acids Sales Value, (2020-2031) & (US$ Million)
Figure 55. South Korea Lactic Acids Sales Value by Type (%), 2024 VS 2031
Figure 56. South Korea Lactic Acids Sales Value by Application (%), 2024 VS 2031
Figure 57. Southeast Asia Lactic Acids Sales Value, (2020-2031) & (US$ Million)
Figure 58. Southeast Asia Lactic Acids Sales Value by Type (%), 2024 VS 2031
Figure 59. Southeast Asia Lactic Acids Sales Value by Application (%), 2024 VS 2031
Figure 60. India Lactic Acids Sales Value, (2020-2031) & (US$ Million)
Figure 61. India Lactic Acids Sales Value by Type (%), 2024 VS 2031
Figure 62. India Lactic Acids Sales Value by Application (%), 2024 VS 2031
Figure 63. Lactic Acids Industrial Chain
Figure 64. Lactic Acids Manufacturing Cost Structure
Figure 65. Channels of Distribution (Direct Sales, and Distribution)
Figure 66. Bottom-up and Top-down Approaches for This Report
Figure 67. Data Triangulation
Figure 68. Key Executives Interviewed
KEY QUESTIONS ADDRESSED BY THE REPORT
Which region is expected to have the highest market share?
For each regional market, the report conducted in-depth comparative analysis from multiple dimensions such as market size, 13.7% compound annual growth rate, market demand, industrial structure, policy environment, and the layout of major enterprises. It systematically summarized the market characteristics and competitive environment of different regions. At the same time, it also focused on analyzing the demand structure, market growth drivers, and investment environment of each region, providing valuable references for enterprises to identify key regional markets, formulate global market layouts and sales strategies.
What is the annual compound growth rate of the global Lactic Acids market size from 2025 to 2031?
What was the global market size of Lactic Acids in 2031?
Which companies rank high in the global Lactic Acids market?
What was the global market size of Lactic Acids in 2025?
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