Lactic Acid Market Report: Trends, Forecast and Competitive Analysis

Publisher: Lucintel
Publication Date: May, 2020
Consumer and Retail / Food and Beverage
Pages: 150+
Delivery Format: PDF

Trends, opportunities and forecast in the global lactic acid market by application (biodegradable polymers, food and beverages, pharmaceuticals, and personal care products, and others), raw material (corn, sugarcane, cassava, and others), and region (North America, Europe, Asia – Pacific, and ROW

Report Features
Table of Contents
Pricing
Methodology
Request Sample
Compare Offers
Make an Offer

The future of the lactic acid market looks promising with opportunities in the lactic acid, biodegradable polymer, food and beverage, pharmaceutical, and personal care product application segments. T

he global lactic acid market is expected to grow with a CAGR of 18% from 2019 to 2024. The major growth drivers for this market are growth in end use applications, increase in demand for lactic acid-based personal care products, growing consumer preference for eco-friendly packaging, and rising crude oil prices.

A report of more than 150 pages is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of lactic acid market report, download the report brochure.

Lactic Acid Market Share Analysis of Major Manufacturers

The study includes the lactic acid market size and forecast for the global lactic acid market through 2024, segmented by application, raw material, source, and region as follows:

By Application [$M shipment analysis for 2013 – 2024]:

Biodegradable Polymers
Food and Beverages
Pharmaceuticals
Personal Care Products
Other (Polylactic Acid, Packaging, Agriculture, Electronics, and Textiles)

By Raw Material [$M shipment analysis for 2013 – 2024]:

Corn
Sugarcane
Cassava
Other

By Source [$M shipment analysis for 2013 – 2024]:

Natural
Synthetic

By Region [$M shipment analysis for 2013 – 2024]:

North America
- United States
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
Asia-Pacific
- China
- Japan
- India
Rest of the World
- Brazil

Some of the lactic acid companies profiled in this report include BASF SE , Teijin, The DOW Chemical, Corbion N.V., Meridian, Natureworks, Henan Jindan, Synbra, WEI MON, and Galactic.

Some of the features of "Global Lactic Acid Market 2019-2024: Trends, Forecast, and Opportunity Analysis" include

Market size estimates:Global lactic acid market size estimation in terms of value ($M) shipment.
Trend and forecast analysis:Market trend (2013-2018) and forecast (2019-2024) by segments and region.
Segmentation analysis:Global lactic acid market size by application, raw material, source, and region.
Regional analysis:Global lactic acid market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities:Analysis on growth opportunities in different applications and regions for lactic acid in the global lactic acid market.
Strategic analysis:This includes M&A, new product development, and competitive landscape for lactic acid in the global lactic acid market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high-growth opportunities for the global lactic acid market by application: (biodegradable polymers, food and beverages, pharmaceuticals, and personal care products), raw material (corn, sugarcane, cassava, and other), source (natural and synthetic), and region: (North America, Europe, Asia – Pacific, and ROW?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the lactic acid market?
Q.5 What are the business risks and threats to the lactic acid market?
Q.6 What are the emerging trends in the lactic acid market and the reasons behind them?
Q.7 What are some changing demands of customers in the lactic acid market?
Q.8 What are the new developments in the lactic acid market? Which companies are leading these developments?
Q.9 Who are the major players in the lactic acid market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the lactic acid area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last five years in the lactic acid market?

Offer Amount (Per user license)	Retail price (Per user license)
$ .00	$4,850

Lactic Acid Market Report: Trends, Forecast and Competitive Analysis

The future of the lactic acid market looks promising with opportunities in the lactic acid, biodegradable polymer, food and beverage, pharmaceutical, and personal care product application segments. T

Are you looking for a Consultant?

Customers Who Viewed This Item Also Viewed