PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1503336
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1503336
Lactic Acid Market Forecasts to 2030 - Global Analysis By Raw Material (Sugarcane, Cassava, Corn, Yeast Extract and Other Raw Materials), Form, Source, Grade, Application and By Geography
According to Stratistics MRC, the Global Lactic Acid Market is accounted for $3.6 billion in 2024 and is expected to reach $6.4 billion by 2030 growing at a CAGR of 10.0% during the forecast period. Lactic acid (C3H6O3) is a naturally occurring organic acid found in various biological processes. It is produced through the fermentation of sugars by lactic acid bacteria, and is present in sour dairy products like yogurt and kefir. In the human body, it forms in muscles during intense exercise due to anaerobic respiration. Lactic acid has diverse applications across industries. In food and beverages, it's used as a preservative, flavoring agent, and acidity regulator. In the cosmetics industry, it's a popular ingredient in skincare products for its exfoliating and moisturizing properties. Additionally, lactic acid is employed in the pharmaceutical sector for drug formulations and controlled release In industrial applications, lactic acid is a precursor for biodegradable plastics like polylactic acid (PLA), which is used in packaging and disposable products. Its environmentally friendly nature and versatility make lactic acid a valuable component in both traditional and innovative applications.
According to a study published by NC State University in 2017 on "BioResources", approximately 90% of the commercially accessible lactic acid is manufactured by submerged fermentation of corn.
Market Dynamics:
Driver:
Increasing demand from personal care industry
Lactic acid is highly valued in skincare products for its exfoliating, moisturizing, and anti-aging properties. It helps in gentle exfoliation by breaking down dead skin cells, promoting smoother and more radiant skin. Additionally, it acts as a humectant, attracting moisture to the skin and improving hydration. As consumer awareness and preference for effective skincare solutions grow, the demand for lactic acid-based products rises. The trend towards natural and clean label cosmetics further drives this demand, as lactic acid is naturally derived and aligns with the desire for safer, environmentally friendly ingredients.
Restraint:
High production costs
The fermentation process used to produce lactic acid is resource-intensive, requiring significant expenditure on raw materials, energy, and technology. These results in higher prices for lactic acid, making it less competitive compared to cheaper, synthetic alternatives. These elevated costs can deter manufacturers from adopting lactic acid, especially in cost-sensitive industries. For instance, in the food and beverage sector, where margins are tight, the additional cost of using lactic acid as a preservative or flavor enhancer can be prohibitive. Similarly, in the production of biodegradable plastics like polylactic acid (PLA), high costs can limit the widespread adoption of eco-friendly materials.
Opportunity:
Innovations in fermentation technology
Advancements in fermentation technology enable the production of lactic acid with specific properties or functionalities. For instance, researchers are developing techniques to produce optically pure lactic acid isomers (L(+) or D(-)) which have distinct applications. This ability to tailor lactic acid properties opens doors for new applications and higher-value products. This reduces reliance on traditional crops, promotes sustainability, and potentially lowers production costs.
Threat:
Presence of alternative acids and preservatives
Several alternative acids and preservatives exist, such as citric acid, acetic acid (vinegar), benzoic acid, and sorbic acid. These alternatives may be cheaper to produce than lactic acid, especially for some applications. This can make lactic acid less price-competitive, particularly for manufacturers focused on cost-reduction. Additionally several alternative acids and preservatives exist, such as citric acid, acetic acid (vinegar), benzoic acid, and sorbic acid. These alternatives may be cheaper to produce than lactic acid, especially for some applications. This can make lactic acid less price-competitive, particularly for manufacturers focused on cost-reduction.
Covid-19 Impact
Supply chain disruptions and factory shutdowns led to reduced production and availability of metal powders. Key industries like automotive, aerospace and construction experienced slowdowns, reducing demand for metal components. Conversely, the surge in medical device production and the shift towards remote work boosted demand for electronics, partially offsetting the decline. Recovery has been gradual, with manufacturers adapting to new health protocols and digital transformation accelerating in some sectors, potentially driving long-term growth in metal powder applications despite the initial downturn.
The yeast extract segment is expected to be the largest during the forecast period
The yeast extract is expected to be the largest during the forecast period as it is one of most commonly used ingredients for formation of lactic acid. However high formation cost associated with this process gave rise to an alternative namely Corn Steep Liquor (CSL) derived from corn as a by-form from the corn steeping process. Demand for corn based lactic acid in food & beverages industry as a pH regulator, microbial activity enhancer and others is expected to market growth over the coming years.
The dry segment is expected to have the highest CAGR during the forecast period
The dry segment is expected to have the highest CAGR during the forecast period owing its usage in the formation of polylactic acid (PLA), a biodegradable polymer. PLA is widely used in packaging materials, textiles, and medical applications. Dry form is used in the formation of fermented foods such as sauerkraut, kimchi, and sour beers. It acts as a natural preservative and contributes to the unique flavors and textures of these forms. Dry form of lactic finds application in cosmetics and food & beverages industries.
Region with largest share:
North America is projected to hold the largest market share during the forecast period on account of presence of various personal care and cosmetic companies such as Maybelline New York, Procter & Gamble, Colgate-Palmolive Company, Avon, Unilever, and Johnson & Johnson Private Limited. Rising demand for PLA, owing to the U.S. government efforts toward reducing carbon footprint, high demand from packaging applications, and growth of pharmaceutical and personal care industries is expected to propel growth of market over the forecast period.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period owing to increased demand for lactic acid in meat and other foods applications, availability of low-cost raw materials, technological innovations, and strong backing from large manufacturing businesses in the region is the main drivers for the market. Usually, lactic acid is used in the meat-based industry to reduce bacterial-based pathogens, hence keeping the meat safe from contamination. The low cost of raw materials for manufacturers, such as molasses, sugarcane, starch, and other carbohydrates, has significantly benefited the sector as it immediately decreases the final product's cost.
Key players in the market
Some of the key players in Lactic Acid market include BASF SE, Cargill Incorporated, Cellulac, Corbion NV, Danimer Scientific, Dow, DuPont de Nemours Inc., Futerro, Galactic, Henan Jindan Lactic Acid Technology Co. Ltd, Jungbunzlauer Suisse AG , Mushashino Chemical, NatureWorks LLC, TEIJIN LIMITED, thyssenkrupp AG, Vaishnavi Bio Tech and VIGON INTERNATIONAL INC.
Key Developments:
In June 2024, CPGC and BASF sign Framework Agreement on actual ship application of Onboard Carbon Capture System. OASE blue is BASF's gas treatment technology designed for CO2 capture application in flue gas, with low energy consumption, low solvent losses, and an exceptionally flexible operating range.
In June 2024, BASF is expanding its Biopolymers portfolio by introducing biomass-balanced ecoflex(R) (PBAT). The biomass-balanced ecoflex(R) not only contributes to reducing the use of fossil resources, but it also offers a 60% lower Product Carbon Footprint (PCF) (2) than the standard ecoflex(R) F Blend C1200.
In May 2024, Cargill partners with Cempaka Foundation and USAID IUWASH Tangguh to launch the CITASAMA program (Climate Action and Sustainable Landscape) in Mount Arjuno, Indonesia. The 3-year partnership aims to implement a forest conservation program with a multi-stakeholders approach.
Raw Materials Covered:
- Sugarcane
- Cassava
- Corn
- Yeast Extract
- Other Raw Materials
Forms Covered:
- Dry
- Liquid
Sources Covered:
- Natural
- Synthetic
Grades Covered:
- Food Grade
- Industrial Grade
- Pharmaceutical Grade
Applications Covered:
- Meat, Poultry, and Fish
- Beverage
- Confectionery
- Bakery
- Fruits and Vegetable
- Dairy
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Lactic Acid Market, By Raw Material
- 5.1 Introduction
- 5.2 Sugarcane
- 5.3 Cassava
- 5.4 Corn
- 5.5 Yeast Extract
- 5.6 Other Raw Materials
6 Global Lactic Acid Market, By Form
- 6.1 Introduction
- 6.2 Dry
- 6.3 Liquid
7 Global Lactic Acid Market, By Source
- 7.1 Introduction
- 7.2 Natural
- 7.3 Synthetic
8 Global Lactic Acid Market, By Grade
- 8.1 Introduction
- 8.2 Food Grade
- 8.3 Industrial Grade
- 8.4 Pharmaceutical Grade
9 Global Lactic Acid Market, By Application
- 9.1 Introduction
- 9.2 Meat, Poultry, and Fish
- 9.3 Beverage
- 9.4 Confectionery
- 9.5 Bakery
- 9.6 Fruits and Vegetable
- 9.7 Dairy
- 9.8 Other Applications
10 Global Lactic Acid Market, By Geography
- 10.1 Introduction
- 10.2 North America
- 10.2.1 US
- 10.2.2 Canada
- 10.2.3 Mexico
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 Italy
- 10.3.4 France
- 10.3.5 Spain
- 10.3.6 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 Japan
- 10.4.2 China
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 New Zealand
- 10.4.6 South Korea
- 10.4.7 Rest of Asia Pacific
- 10.5 South America
- 10.5.1 Argentina
- 10.5.2 Brazil
- 10.5.3 Chile
- 10.5.4 Rest of South America
- 10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 Qatar
- 10.6.4 South Africa
- 10.6.5 Rest of Middle East & Africa
11 Key Developments
- 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 11.2 Acquisitions & Mergers
- 11.3 New Product Launch
- 11.4 Expansions
- 11.5 Other Key Strategies
12 Company Profiling
- 12.1 BASF SE
- 12.2 Cargill Incorporated
- 12.3 Cellulac
- 12.4 Corbion NV
- 12.5 Danimer Scientific
- 12.6 Dow
- 12.7 DuPont de Nemours Inc.
- 12.8 Futerro
- 12.9 Galactic
- 12.10 Henan Jindan Lactic Acid Technology Co. Ltd
- 12.11 Jungbunzlauer Suisse AG
- 12.12 Mushashino Chemical
- 12.13 NatureWorks LLC
- 12.14 TEIJIN LIMITED
- 12.15 thyssenkrupp AG
- 12.16 Vaishnavi Bio Tech
- 12.17 VIGON INTERNATIONAL INC.
List of Tables
- Table 1 Global Lactic Acid Market Outlook, By Region (2022-2030) ($MN)
- Table 2 Global Lactic Acid Market Outlook, By Raw Material (2022-2030) ($MN)
- Table 3 Global Lactic Acid Market Outlook, By Sugarcane (2022-2030) ($MN)
- Table 4 Global Lactic Acid Market Outlook, By Cassava (2022-2030) ($MN)
- Table 5 Global Lactic Acid Market Outlook, By Corn (2022-2030) ($MN)
- Table 6 Global Lactic Acid Market Outlook, By Yeast Extract (2022-2030) ($MN)
- Table 7 Global Lactic Acid Market Outlook, By Other Raw Materials (2022-2030) ($MN)
- Table 8 Global Lactic Acid Market Outlook, By Form (2022-2030) ($MN)
- Table 9 Global Lactic Acid Market Outlook, By Dry (2022-2030) ($MN)
- Table 10 Global Lactic Acid Market Outlook, By Liquid (2022-2030) ($MN)
- Table 11 Global Lactic Acid Market Outlook, By Source (2022-2030) ($MN)
- Table 12 Global Lactic Acid Market Outlook, By Natural (2022-2030) ($MN)
- Table 13 Global Lactic Acid Market Outlook, By Synthetic (2022-2030) ($MN)
- Table 14 Global Lactic Acid Market Outlook, By Grade (2022-2030) ($MN)
- Table 15 Global Lactic Acid Market Outlook, By Food Grade (2022-2030) ($MN)
- Table 16 Global Lactic Acid Market Outlook, By Industrial Grade (2022-2030) ($MN)
- Table 17 Global Lactic Acid Market Outlook, By Pharmaceutical Grade (2022-2030) ($MN)
- Table 18 Global Lactic Acid Market Outlook, By Application (2022-2030) ($MN)
- Table 19 Global Lactic Acid Market Outlook, By Meat, Poultry, and Fish (2022-2030) ($MN)
- Table 20 Global Lactic Acid Market Outlook, By Beverage (2022-2030) ($MN)
- Table 21 Global Lactic Acid Market Outlook, By Confectionery (2022-2030) ($MN)
- Table 22 Global Lactic Acid Market Outlook, By Bakery (2022-2030) ($MN)
- Table 23 Global Lactic Acid Market Outlook, By Fruits and Vegetable (2022-2030) ($MN)
- Table 24 Global Lactic Acid Market Outlook, By Dairy (2022-2030) ($MN)
- Table 25 Global Lactic Acid Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 26 North America Lactic Acid Market Outlook, By Country (2022-2030) ($MN)
- Table 27 North America Lactic Acid Market Outlook, By Raw Material (2022-2030) ($MN)
- Table 28 North America Lactic Acid Market Outlook, By Sugarcane (2022-2030) ($MN)
- Table 29 North America Lactic Acid Market Outlook, By Cassava (2022-2030) ($MN)
- Table 30 North America Lactic Acid Market Outlook, By Corn (2022-2030) ($MN)
- Table 31 North America Lactic Acid Market Outlook, By Yeast Extract (2022-2030) ($MN)
- Table 32 North America Lactic Acid Market Outlook, By Other Raw Materials (2022-2030) ($MN)
- Table 33 North America Lactic Acid Market Outlook, By Form (2022-2030) ($MN)
- Table 34 North America Lactic Acid Market Outlook, By Dry (2022-2030) ($MN)
- Table 35 North America Lactic Acid Market Outlook, By Liquid (2022-2030) ($MN)
- Table 36 North America Lactic Acid Market Outlook, By Source (2022-2030) ($MN)
- Table 37 North America Lactic Acid Market Outlook, By Natural (2022-2030) ($MN)
- Table 38 North America Lactic Acid Market Outlook, By Synthetic (2022-2030) ($MN)
- Table 39 North America Lactic Acid Market Outlook, By Grade (2022-2030) ($MN)
- Table 40 North America Lactic Acid Market Outlook, By Food Grade (2022-2030) ($MN)
- Table 41 North America Lactic Acid Market Outlook, By Industrial Grade (2022-2030) ($MN)
- Table 42 North America Lactic Acid Market Outlook, By Pharmaceutical Grade (2022-2030) ($MN)
- Table 43 North America Lactic Acid Market Outlook, By Application (2022-2030) ($MN)
- Table 44 North America Lactic Acid Market Outlook, By Meat, Poultry, and Fish (2022-2030) ($MN)
- Table 45 North America Lactic Acid Market Outlook, By Beverage (2022-2030) ($MN)
- Table 46 North America Lactic Acid Market Outlook, By Confectionery (2022-2030) ($MN)
- Table 47 North America Lactic Acid Market Outlook, By Bakery (2022-2030) ($MN)
- Table 48 North America Lactic Acid Market Outlook, By Fruits and Vegetable (2022-2030) ($MN)
- Table 49 North America Lactic Acid Market Outlook, By Dairy (2022-2030) ($MN)
- Table 50 North America Lactic Acid Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 51 Europe Lactic Acid Market Outlook, By Country (2022-2030) ($MN)
- Table 52 Europe Lactic Acid Market Outlook, By Raw Material (2022-2030) ($MN)
- Table 53 Europe Lactic Acid Market Outlook, By Sugarcane (2022-2030) ($MN)
- Table 54 Europe Lactic Acid Market Outlook, By Cassava (2022-2030) ($MN)
- Table 55 Europe Lactic Acid Market Outlook, By Corn (2022-2030) ($MN)
- Table 56 Europe Lactic Acid Market Outlook, By Yeast Extract (2022-2030) ($MN)
- Table 57 Europe Lactic Acid Market Outlook, By Other Raw Materials (2022-2030) ($MN)
- Table 58 Europe Lactic Acid Market Outlook, By Form (2022-2030) ($MN)
- Table 59 Europe Lactic Acid Market Outlook, By Dry (2022-2030) ($MN)
- Table 60 Europe Lactic Acid Market Outlook, By Liquid (2022-2030) ($MN)
- Table 61 Europe Lactic Acid Market Outlook, By Source (2022-2030) ($MN)
- Table 62 Europe Lactic Acid Market Outlook, By Natural (2022-2030) ($MN)
- Table 63 Europe Lactic Acid Market Outlook, By Synthetic (2022-2030) ($MN)
- Table 64 Europe Lactic Acid Market Outlook, By Grade (2022-2030) ($MN)
- Table 65 Europe Lactic Acid Market Outlook, By Food Grade (2022-2030) ($MN)
- Table 66 Europe Lactic Acid Market Outlook, By Industrial Grade (2022-2030) ($MN)
- Table 67 Europe Lactic Acid Market Outlook, By Pharmaceutical Grade (2022-2030) ($MN)
- Table 68 Europe Lactic Acid Market Outlook, By Application (2022-2030) ($MN)
- Table 69 Europe Lactic Acid Market Outlook, By Meat, Poultry, and Fish (2022-2030) ($MN)
- Table 70 Europe Lactic Acid Market Outlook, By Beverage (2022-2030) ($MN)
- Table 71 Europe Lactic Acid Market Outlook, By Confectionery (2022-2030) ($MN)
- Table 72 Europe Lactic Acid Market Outlook, By Bakery (2022-2030) ($MN)
- Table 73 Europe Lactic Acid Market Outlook, By Fruits and Vegetable (2022-2030) ($MN)
- Table 74 Europe Lactic Acid Market Outlook, By Dairy (2022-2030) ($MN)
- Table 75 Europe Lactic Acid Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 76 Asia Pacific Lactic Acid Market Outlook, By Country (2022-2030) ($MN)
- Table 77 Asia Pacific Lactic Acid Market Outlook, By Raw Material (2022-2030) ($MN)
- Table 78 Asia Pacific Lactic Acid Market Outlook, By Sugarcane (2022-2030) ($MN)
- Table 79 Asia Pacific Lactic Acid Market Outlook, By Cassava (2022-2030) ($MN)
- Table 80 Asia Pacific Lactic Acid Market Outlook, By Corn (2022-2030) ($MN)
- Table 81 Asia Pacific Lactic Acid Market Outlook, By Yeast Extract (2022-2030) ($MN)
- Table 82 Asia Pacific Lactic Acid Market Outlook, By Other Raw Materials (2022-2030) ($MN)
- Table 83 Asia Pacific Lactic Acid Market Outlook, By Form (2022-2030) ($MN)
- Table 84 Asia Pacific Lactic Acid Market Outlook, By Dry (2022-2030) ($MN)
- Table 85 Asia Pacific Lactic Acid Market Outlook, By Liquid (2022-2030) ($MN)
- Table 86 Asia Pacific Lactic Acid Market Outlook, By Source (2022-2030) ($MN)
- Table 87 Asia Pacific Lactic Acid Market Outlook, By Natural (2022-2030) ($MN)
- Table 88 Asia Pacific Lactic Acid Market Outlook, By Synthetic (2022-2030) ($MN)
- Table 89 Asia Pacific Lactic Acid Market Outlook, By Grade (2022-2030) ($MN)
- Table 90 Asia Pacific Lactic Acid Market Outlook, By Food Grade (2022-2030) ($MN)
- Table 91 Asia Pacific Lactic Acid Market Outlook, By Industrial Grade (2022-2030) ($MN)
- Table 92 Asia Pacific Lactic Acid Market Outlook, By Pharmaceutical Grade (2022-2030) ($MN)
- Table 93 Asia Pacific Lactic Acid Market Outlook, By Application (2022-2030) ($MN)
- Table 94 Asia Pacific Lactic Acid Market Outlook, By Meat, Poultry, and Fish (2022-2030) ($MN)
- Table 95 Asia Pacific Lactic Acid Market Outlook, By Beverage (2022-2030) ($MN)
- Table 96 Asia Pacific Lactic Acid Market Outlook, By Confectionery (2022-2030) ($MN)
- Table 97 Asia Pacific Lactic Acid Market Outlook, By Bakery (2022-2030) ($MN)
- Table 98 Asia Pacific Lactic Acid Market Outlook, By Fruits and Vegetable (2022-2030) ($MN)
- Table 99 Asia Pacific Lactic Acid Market Outlook, By Dairy (2022-2030) ($MN)
- Table 100 Asia Pacific Lactic Acid Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 101 South America Lactic Acid Market Outlook, By Country (2022-2030) ($MN)
- Table 102 South America Lactic Acid Market Outlook, By Raw Material (2022-2030) ($MN)
- Table 103 South America Lactic Acid Market Outlook, By Sugarcane (2022-2030) ($MN)
- Table 104 South America Lactic Acid Market Outlook, By Cassava (2022-2030) ($MN)
- Table 105 South America Lactic Acid Market Outlook, By Corn (2022-2030) ($MN)
- Table 106 South America Lactic Acid Market Outlook, By Yeast Extract (2022-2030) ($MN)
- Table 107 South America Lactic Acid Market Outlook, By Other Raw Materials (2022-2030) ($MN)
- Table 108 South America Lactic Acid Market Outlook, By Form (2022-2030) ($MN)
- Table 109 South America Lactic Acid Market Outlook, By Dry (2022-2030) ($MN)
- Table 110 South America Lactic Acid Market Outlook, By Liquid (2022-2030) ($MN)
- Table 111 South America Lactic Acid Market Outlook, By Source (2022-2030) ($MN)
- Table 112 South America Lactic Acid Market Outlook, By Natural (2022-2030) ($MN)
- Table 113 South America Lactic Acid Market Outlook, By Synthetic (2022-2030) ($MN)
- Table 114 South America Lactic Acid Market Outlook, By Grade (2022-2030) ($MN)
- Table 115 South America Lactic Acid Market Outlook, By Food Grade (2022-2030) ($MN)
- Table 116 South America Lactic Acid Market Outlook, By Industrial Grade (2022-2030) ($MN)
- Table 117 South America Lactic Acid Market Outlook, By Pharmaceutical Grade (2022-2030) ($MN)
- Table 118 South America Lactic Acid Market Outlook, By Application (2022-2030) ($MN)
- Table 119 South America Lactic Acid Market Outlook, By Meat, Poultry, and Fish (2022-2030) ($MN)
- Table 120 South America Lactic Acid Market Outlook, By Beverage (2022-2030) ($MN)
- Table 121 South America Lactic Acid Market Outlook, By Confectionery (2022-2030) ($MN)
- Table 122 South America Lactic Acid Market Outlook, By Bakery (2022-2030) ($MN)
- Table 123 South America Lactic Acid Market Outlook, By Fruits and Vegetable (2022-2030) ($MN)
- Table 124 South America Lactic Acid Market Outlook, By Dairy (2022-2030) ($MN)
- Table 125 South America Lactic Acid Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 126 Middle East & Africa Lactic Acid Market Outlook, By Country (2022-2030) ($MN)
- Table 127 Middle East & Africa Lactic Acid Market Outlook, By Raw Material (2022-2030) ($MN)
- Table 128 Middle East & Africa Lactic Acid Market Outlook, By Sugarcane (2022-2030) ($MN)
- Table 129 Middle East & Africa Lactic Acid Market Outlook, By Cassava (2022-2030) ($MN)
- Table 130 Middle East & Africa Lactic Acid Market Outlook, By Corn (2022-2030) ($MN)
- Table 131 Middle East & Africa Lactic Acid Market Outlook, By Yeast Extract (2022-2030) ($MN)
- Table 132 Middle East & Africa Lactic Acid Market Outlook, By Other Raw Materials (2022-2030) ($MN)
- Table 133 Middle East & Africa Lactic Acid Market Outlook, By Form (2022-2030) ($MN)
- Table 134 Middle East & Africa Lactic Acid Market Outlook, By Dry (2022-2030) ($MN)
- Table 135 Middle East & Africa Lactic Acid Market Outlook, By Liquid (2022-2030) ($MN)
- Table 136 Middle East & Africa Lactic Acid Market Outlook, By Source (2022-2030) ($MN)
- Table 137 Middle East & Africa Lactic Acid Market Outlook, By Natural (2022-2030) ($MN)
- Table 138 Middle East & Africa Lactic Acid Market Outlook, By Synthetic (2022-2030) ($MN)
- Table 139 Middle East & Africa Lactic Acid Market Outlook, By Grade (2022-2030) ($MN)
- Table 140 Middle East & Africa Lactic Acid Market Outlook, By Food Grade (2022-2030) ($MN)
- Table 141 Middle East & Africa Lactic Acid Market Outlook, By Industrial Grade (2022-2030) ($MN)
- Table 142 Middle East & Africa Lactic Acid Market Outlook, By Pharmaceutical Grade (2022-2030) ($MN)
- Table 143 Middle East & Africa Lactic Acid Market Outlook, By Application (2022-2030) ($MN)
- Table 144 Middle East & Africa Lactic Acid Market Outlook, By Meat, Poultry, and Fish (2022-2030) ($MN)
- Table 145 Middle East & Africa Lactic Acid Market Outlook, By Beverage (2022-2030) ($MN)
- Table 146 Middle East & Africa Lactic Acid Market Outlook, By Confectionery (2022-2030) ($MN)
- Table 147 Middle East & Africa Lactic Acid Market Outlook, By Bakery (2022-2030) ($MN)
- Table 148 Middle East & Africa Lactic Acid Market Outlook, By Fruits and Vegetable (2022-2030) ($MN)
- Table 149 Middle East & Africa Lactic Acid Market Outlook, By Dairy (2022-2030) ($MN)
- Table 150 Middle East & Africa Lactic Acid Market Outlook, By Other Applications (2022-2030) ($MN)
