The global lactic acid mixture market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for lactic acid in food and cosmetic industries, which is driving the demand for lactic acid mixture in these applications.
Liquid type segment accounted for the largest share of the global lactic acid mixture market in 2017, followed by semsolidification type segment. Liquid type segment is expected to continue its dominance throughout the forecast period due to its wide application scope and ease of use as compared with semsolidification type segment.
Some Of The Growth Factors Of This Market:
- Increasing demand for Lactic Acid Mixture in the food and beverage industry is one of the major factors driving growth in this market.
- The increasing demand for Lactic Acid Mixture in pharmaceuticals and personal care products is also driving growth in this market.
- Increasing awareness about health benefits of Lactic Acid Mixtures among consumers is also driving growth in this market.
- Growing population and rising disposable income are some other factors that are expected to drive growth in this market.
Industry Growth Insights published a new data on “Lactic Acid Mixture Market”. The research report is titled “Lactic Acid Mixture Market research by Types (Liquid, Semi-solidification), By Applications (Food, Cosmetic, Others), By Players/Companies BASF SE, Synbra Technology BV, Futerro, Nature Works LLC, Sigma-Aldrich Co. LLC., Musashino Chemical (China) Co.Ltd., Henan Jindan Lactic Acid Technology Co., Ltd, Archer Daniels Midland Company, Palsgaard A/S, Cargill Incorporated, Teijin Limited”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lactic Acid Mixture Market Research Report
By Type
Liquid, Semi-solidification
By Application
Food, Cosmetic, Others
By Companies
BASF SE, Synbra Technology BV, Futerro, Nature Works LLC, Sigma-Aldrich Co. LLC., Musashino Chemical (China) Co.Ltd., Henan Jindan Lactic Acid Technology Co., Ltd, Archer Daniels Midland Company, Palsgaard A/S, Cargill Incorporated, Teijin Limited
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Lactic Acid Mixture Market Report Segments:
The global Lactic Acid Mixture market is segmented on the basis of:
Types
Liquid, Semi-solidification
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
Food, Cosmetic, 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:
- BASF SE
- Synbra Technology BV
- Futerro
- Nature Works LLC
- Sigma-Aldrich Co. LLC.
- Musashino Chemical (China) Co.Ltd.
- Henan Jindan Lactic Acid Technology Co., Ltd
- Archer Daniels Midland Company
- Palsgaard A/S
- Cargill Incorporated
- Teijin Limited
Highlights of The Lactic Acid Mixture 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:
- Liquid
- Semi-solidification
- By Application:
- Food
- Cosmetic
- 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 Lactic Acid Mixture 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- 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?
Lactic acid mixture is a solution of lactic acid and water. It is used as a preservative in food products, such as cheese, yogurt, and sour cream.
Some of the major companies in the lactic acid mixture market are BASF SE, Synbra Technology BV, Futerro, Nature Works LLC, Sigma-Aldrich Co. LLC., Musashino Chemical (China) Co.Ltd., Henan Jindan Lactic Acid Technology Co., Ltd, Archer Daniels Midland Company, Palsgaard A/S, Cargill Incorporated, Teijin Limited.
The lactic acid mixture market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lactic Acid Mixture 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. Lactic Acid Mixture Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lactic Acid Mixture Market - Supply Chain
4.5. Global Lactic Acid Mixture Market Forecast
4.5.1. Lactic Acid Mixture Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lactic Acid Mixture Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lactic Acid Mixture Market Absolute $ Opportunity
5. Global Lactic Acid Mixture 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. Lactic Acid Mixture Market Size and Volume Forecast by Type
5.3.1. Liquid
5.3.2. Semi-solidification
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lactic Acid Mixture 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. Lactic Acid Mixture Market Size and Volume Forecast by Application
6.3.1. Food
6.3.2. Cosmetic
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lactic Acid Mixture 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. Lactic Acid Mixture 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 Lactic Acid Mixture 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. Lactic Acid Mixture 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 Lactic Acid Mixture Demand Share Forecast, 2019-2026
9. North America Lactic Acid Mixture 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 Lactic Acid Mixture 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 Lactic Acid Mixture Market Size and Volume Forecast by Application
9.4.1. Food
9.4.2. Cosmetic
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lactic Acid Mixture Market Size and Volume Forecast by Type
9.7.1. Liquid
9.7.2. Semi-solidification
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 Lactic Acid Mixture Demand Share Forecast, 2019-2026
10. Latin America Lactic Acid Mixture 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 Lactic Acid Mixture 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 Lactic Acid Mixture Market Size and Volume Forecast by Application
10.4.1. Food
10.4.2. Cosmetic
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lactic Acid Mixture Market Size and Volume Forecast by Type
10.7.1. Liquid
10.7.2. Semi-solidification
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 Lactic Acid Mixture Demand Share Forecast, 2019-2026
11. Europe Lactic Acid Mixture 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 Lactic Acid Mixture 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 Lactic Acid Mixture Market Size and Volume Forecast by Application
11.4.1. Food
11.4.2. Cosmetic
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lactic Acid Mixture Market Size and Volume Forecast by Type
11.7.1. Liquid
11.7.2. Semi-solidification
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 Lactic Acid Mixture Demand Share, 2019-2026
12. Asia Pacific Lactic Acid Mixture 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 Lactic Acid Mixture 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 Lactic Acid Mixture Market Size and Volume Forecast by Application
12.4.1. Food
12.4.2. Cosmetic
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lactic Acid Mixture Market Size and Volume Forecast by Type
12.7.1. Liquid
12.7.2. Semi-solidification
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 Lactic Acid Mixture Demand Share, 2019-2026
13. Middle East & Africa Lactic Acid Mixture 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 Lactic Acid Mixture 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 Lactic Acid Mixture Market Size and Volume Forecast by Application
13.4.1. Food
13.4.2. Cosmetic
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lactic Acid Mixture Market Size and Volume Forecast by Type
13.7.1. Liquid
13.7.2. Semi-solidification
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 Lactic Acid Mixture Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lactic Acid Mixture Market: Market Share Analysis
14.2. Lactic Acid Mixture Distributors and Customers
14.3. Lactic Acid Mixture Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF SE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Synbra Technology BV
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Futerro
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nature Works LLC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sigma-Aldrich Co. LLC.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Musashino Chemical (China) Co.Ltd.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Henan Jindan Lactic Acid Technology Co., Ltd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Archer Daniels Midland Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Palsgaard A/S
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cargill Incorporated
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Teijin Limited
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
