Global Encapsulated Lactic Acid Market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 1.2 billion by 2030 from USD 0.8 billion in 2018. The market is driven by factors such as increasing demand for dairy products and dressings, growing awareness about health benefits of probiotics, and rising demand for organic food products.
Organic Encapsulated Lactic Acid segment accounted for the largest share of the global market in 2018 owing to its high demand in dairy products and dressings applications due to their health benefits such as improved digestion and immune system function. Synthetic Encapsulated Lactic Acid segment is expected to grow at a higher CAGR during the forecast period due to its low cost compared with organic encapsulated lactic acid which makes it more affordable for manufacturers who are looking for an alternative source of lactic acid that can be used in various applications such as confectionery, dairy products, dressings etc, without compromising on quality or taste.
Some Of The Growth Factors Of This Market:
- The global Encapsulated Lactic Acid market is driven by factors such as increasing demand for convenience food and beverages, growing health awareness among consumers, and rising disposable income in developing economies.
- Increasing demand for convenience food and beverages is one of the major drivers of the global Encapsulated Lactic Acid market growth due to its ability to provide a quick solution for people who are always on the go or have limited time to cook their meals at home This factor has been driving the growth of this market in recent years as more people are opting for fast food instead of cooking their own meals at home which has led to an increase in demand for convenience foods such as pre-packaged sandwiches, salads, soups, etc, which require encapsulated lactic acid as an ingredient in order to maintain freshness and taste over a longer period of time without refrigeration or freezing.
- Growing health awareness among consumers is another factor that drives the growth of this market due to increased consumer preference towards healthy eating habits which has led them away from processed foods that contain high levels of sugar and salt content which can lead them towards obesity or other chronic diseases such as diabetes mellitus type 2 (DM2). As more people become aware about these risks they are looking out for healthier alternatives that do not contain any artificial ingredients or preservatives so they can avoid these risks altogether by consuming natural products with no additives whatsoever like encapsulated lactic acid which does not contain any artificial ingredients or preservatives making it a healthier alternative than other products available on the market today with similar functionalities but containing additives like sodium benzoate (E211) used as a preservative agent against molding bacteria found in acidic environments like those found inside cans where it's stored before being sold on store shelves; potassium sorbate (E202) used against yeast; calcium propionate (E282) used against molding bacteria; etc, all these additives have been linked with various side effects including allergic reactions leading many consumers away from processed foods containing these additives altogether so they can avoid any potential side effects associated with them while still enjoying their favorite snacks without having to worry about getting sick later on down the line because they consumed something unhealthy earlier on when they were hungry because there was nothing else available around them at that moment when hunger struck unexpectedly so now there's no going back since you've already eaten it even though you knew better but now you're stuck paying consequences later down the line because you didn't take your own advice when you had plenty opportunity before hand but now it's too late since your stomach won't let go until everything inside gets digested completely leaving nothing left behind except regretful memories from what could've been if only you listened then maybe things would be different right now but alas hindsight is 20/20 so what's done cannot be undone so just learn from your mistakes next time around instead then maybe things will turn out differently next time around instead then maybe things will turn out differently next time around instead then maybe things will turn out differently next time around.
Industry Growth Insights published a new data on “Encapsulated Lactic Acid Market”. The research report is titled “Encapsulated Lactic Acid Market research by Types (Organic Encapsulated Lactic Acid, Synthetic Encapsulated Lactic Acid), By Applications (Confectionery, Dairy Products, Dressings, Others), By Players/Companies BSA, Balchem, Food Ingredient Technology, Wiberg Canada, BASF, Corbion, Danimer Scientific, Synbra Technology, Cargill, Teijin”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Encapsulated Lactic Acid Market Research Report
By Type
Organic Encapsulated Lactic Acid, Synthetic Encapsulated Lactic Acid
By Application
Confectionery, Dairy Products, Dressings, Others
By Companies
BSA, Balchem, Food Ingredient Technology, Wiberg Canada, BASF, Corbion, Danimer Scientific, Synbra Technology, Cargill, Teijin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Encapsulated Lactic Acid Market Report Segments:
The global Encapsulated Lactic Acid market is segmented on the basis of:
Types
Organic Encapsulated Lactic Acid, Synthetic Encapsulated Lactic Acid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Confectionery, Dairy Products, Dressings, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BSA
- Balchem
- Food Ingredient Technology
- Wiberg Canada
- BASF
- Corbion
- Danimer Scientific
- Synbra Technology
- Cargill
- Teijin
Highlights of The Encapsulated Lactic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Encapsulated Lactic Acid
- Synthetic Encapsulated Lactic Acid
- By Application:
- Confectionery
- Dairy Products
- Dressings
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Encapsulated Lactic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Encapsulated lactic acid is a form of lactic acid that is enclosed in a capsule. It is often used as a dietary supplement and has been shown to improve muscle strength and endurance.
Some of the key players operating in the encapsulated lactic acid market are BSA, Balchem, Food Ingredient Technology, Wiberg Canada, BASF, Corbion, Danimer Scientific, Synbra Technology, Cargill, Teijin.
The encapsulated lactic acid market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Encapsulated Lactic Acid Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Encapsulated Lactic Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Encapsulated Lactic Acid Market - Supply Chain
4.5. Global Encapsulated Lactic Acid Market Forecast
4.5.1. Encapsulated Lactic Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Encapsulated Lactic Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Encapsulated Lactic Acid Market Absolute $ Opportunity
5. Global Encapsulated Lactic Acid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Encapsulated Lactic Acid Market Size and Volume Forecast by Type
5.3.1. Organic Encapsulated Lactic Acid
5.3.2. Synthetic Encapsulated Lactic Acid
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Encapsulated Lactic Acid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Encapsulated Lactic Acid Market Size and Volume Forecast by Application
6.3.1. Confectionery
6.3.2. Dairy Products
6.3.3. Dressings
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Encapsulated Lactic Acid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Encapsulated Lactic Acid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Encapsulated Lactic Acid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Encapsulated Lactic Acid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Encapsulated Lactic Acid Demand Share Forecast, 2019-2026
9. North America Encapsulated Lactic Acid Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Encapsulated Lactic Acid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Encapsulated Lactic Acid Market Size and Volume Forecast by Application
9.4.1. Confectionery
9.4.2. Dairy Products
9.4.3. Dressings
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Encapsulated Lactic Acid Market Size and Volume Forecast by Type
9.7.1. Organic Encapsulated Lactic Acid
9.7.2. Synthetic Encapsulated Lactic Acid
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Encapsulated Lactic Acid Demand Share Forecast, 2019-2026
10. Latin America Encapsulated Lactic Acid Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Encapsulated Lactic Acid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Encapsulated Lactic Acid Market Size and Volume Forecast by Application
10.4.1. Confectionery
10.4.2. Dairy Products
10.4.3. Dressings
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Encapsulated Lactic Acid Market Size and Volume Forecast by Type
10.7.1. Organic Encapsulated Lactic Acid
10.7.2. Synthetic Encapsulated Lactic Acid
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Encapsulated Lactic Acid Demand Share Forecast, 2019-2026
11. Europe Encapsulated Lactic Acid Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Encapsulated Lactic Acid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Encapsulated Lactic Acid Market Size and Volume Forecast by Application
11.4.1. Confectionery
11.4.2. Dairy Products
11.4.3. Dressings
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Encapsulated Lactic Acid Market Size and Volume Forecast by Type
11.7.1. Organic Encapsulated Lactic Acid
11.7.2. Synthetic Encapsulated Lactic Acid
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Encapsulated Lactic Acid Demand Share, 2019-2026
12. Asia Pacific Encapsulated Lactic Acid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Encapsulated Lactic Acid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Encapsulated Lactic Acid Market Size and Volume Forecast by Application
12.4.1. Confectionery
12.4.2. Dairy Products
12.4.3. Dressings
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Encapsulated Lactic Acid Market Size and Volume Forecast by Type
12.7.1. Organic Encapsulated Lactic Acid
12.7.2. Synthetic Encapsulated Lactic Acid
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Encapsulated Lactic Acid Demand Share, 2019-2026
13. Middle East & Africa Encapsulated Lactic Acid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Encapsulated Lactic Acid Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Encapsulated Lactic Acid Market Size and Volume Forecast by Application
13.4.1. Confectionery
13.4.2. Dairy Products
13.4.3. Dressings
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Encapsulated Lactic Acid Market Size and Volume Forecast by Type
13.7.1. Organic Encapsulated Lactic Acid
13.7.2. Synthetic Encapsulated Lactic Acid
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Encapsulated Lactic Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Encapsulated Lactic Acid Market: Market Share Analysis
14.2. Encapsulated Lactic Acid Distributors and Customers
14.3. Encapsulated Lactic Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BSA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Balchem
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Food Ingredient Technology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Wiberg Canada
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BASF
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Corbion
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Danimer Scientific
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Synbra Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cargill
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Teijin
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
