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Global Lactic Acid Market Insights: Impact of COVID-19 and Future Expectations to 2028

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Date: 01-Jun-2023
No. of pages: 96

The Lactic Acid market revenue was 463.95 Million USD in 2022, and will reach 761.24 Million USD in 2028, with a CAGR of 8.6% during 2022-2028.

This report elaborates the market size, market characteristics, and market growth of the Lactic Acid industry, and breaks down according to the type, application, and consumption area of Lactic Acid. The report also introduces players in the industry from the perspective of the industry chain and marketing chain and describes the leading companies.

In Chapter 2.3 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Lactic Acid in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.

Chapter 2.5 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.

In addition, chapters 6-10 consider the impact of COVID-19 on the regional economy.

Key players in the global Lactic Acid market covered in Chapter 11:

Hawkins Inc

Cargill

Thermo Scientific Chemicals

Galactic

Archer Daniels Midland (ADM)

Jungbunzlauer

Corbion (Purac)

In Chapter 3, on the basis of types, the Lactic Acid market from 2018 to 2028 is primarily split into:

Corn

Sugarcane

Cassava

Other Crops

In Chapter 4, on the basis of applications, the Lactic Acid market from 2018 to 2028 covers:

Industrial

Food & Beverages

Pharmaceuticals

Personal Care

Polylactic Acid

Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2028) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10:

North America (Covered in Chapter 6)

United States

Canada

Mexico

Europe (Covered in Chapter 7)

Germany

UK

France

Italy

Spain

Russia

Others

Asia-Pacific (Covered in Chapter 8)

China

Japan

South Korea

Australia

India

Middle East and Africa (Covered in Chapter 9)

Saudi Arabia

UAE

Egypt

South Africa

South America (Covered in Chapter 10)

Brazil

Argentina

Columbia

Years considered for this report:

Historical Years: 2018-2022

Base Year: 2022

Estimated Year: 2023

Forecast Period: 2023-2028

Global Lactic Acid Market Insights: Impact of COVID-19 and Future Expectations to 2028

Table of Content

1 Report Overview
1.1 Research Objectives
1.2 Study Scope
1.3 Key Market Segments
1.4 Market Investment Scenario Strategic

2 Industry Insights
2.1 Industry Ecosystem Analysis
2.1.1 Industry Chain Analysis
2.1.2 Distribution Channel Analysis
2.2 Market Trend Analysis
2.2.1 Growth Drivers
2.2.2 Industry Constraints and Challenges
2.3 Industry Trends Under COVID-19
2.3.1 Risk Assessment on COVID-19
2.3.2 Assessment of the Overall Impact of COVID-19 on the Industry
2.3.3 Pre COVID-19 and Post COVID-19 Market Scenario
2.4 Industry Innovation Prospect Analysis
2.5 The Impact of Covid-19 From the Perspective of Industry Chain

3 Global Lactic Acid Market, By Product Type
3.1 Global Lactic Acid Sales, Revenue and Market Share by Types (2018-2023)
3.1.1 Global Lactic Acid Sales and Market Share by Types (2018-2023)
3.1.2 Global Lactic Acid Revenue and Market Share by Types (2018-2023)
3.1.3 Global Lactic Acid Price by Types (2018-2023)
3.2 Key Trends by Types
3.3 Global Lactic Acid Sales, Price and Growth Rate of Corn (2018-2023)
3.4 Global Lactic Acid Sales, Price and Growth Rate of Sugarcane (2018-2023)
3.5 Global Lactic Acid Sales, Price and Growth Rate of Cassava (2018-2023)
3.6 Global Lactic Acid Sales, Price and Growth Rate of Other Crops (2018-2023)

4 Global Lactic Acid Market, By Applications
4.1 Global Lactic Acid Consumption, Revenue and Market Share by Applications (2018-2023)
4.1.1 Global Lactic Acid Consumption and Market Share by Applications (2018-2023)
4.1.2 Global Lactic Acid Revenue and Market Share by Applications (2018-2023)
4.2 Industrial
4.3 Food & Beverages
4.4 Pharmaceuticals
4.5 Personal Care
4.6 Polylactic Acid
4.7 Others

5 Global Lactic Acid Market, By Regions
5.1 Global Lactic Acid Market Sales and Market Share by Regions
5.1.1 Global Lactic Acid Sales by Regions (2018-2023)
5.1.2 Global Lactic Acid Sales Market Share by Regions (2018-2023)
5.2 Global Lactic Acid Market Revenue and Market Share by Regions
5.2.1 Global Lactic Acid Revenue by Regions (2018-2023)
5.2.2 Global Lactic Acid Revenue Market Share by Regions (2018-2023)
5.3 Key Trends by Regions
5.3.1 Emerging Market Analysis

6 North America Lactic Acid Market Analysis
6.1 North America Lactic Acid Market Size
6.1.1 North America Lactic Acid Market Sales and Growth Rate (2018-2023)
6.1.2 North America Lactic Acid Market Revenue and Growth Rate (2018-2023)
6.2 U.S. Lactic Acid Market Size
6.3 Canada Lactic Acid Market Size
6.4 Mexico Lactic Acid Market Size
6.5 Key Macroeconomic Indicators
6.6 The Influence of COVID-19 on North America Market

7 Europe Lactic Acid Market Analysis
7.1 Europe Lactic Acid Market Size
7.1.1 Europe Lactic Acid Market Sales and Growth Rate (2018-2023)
7.1.2 Europe Lactic Acid Market Revenue and Growth Rate (2018-2023)
7.2 Germany Lactic Acid Market Size
7.3 United Kingdom Lactic Acid Market Size
7.4 France Lactic Acid Market Size
7.5 Italy Lactic Acid Market Size
7.6 Spain Lactic Acid Market Size
7.7 Russia Lactic Acid Market Size
7.8 Key Macroeconomic Indicators
7.9 The Influence of COVID-19 on Europe Market

8 Asia-Pacific Lactic Acid Market Analysis
8.1 Asia-Pacific Lactic Acid Market Size
8.1.1 Asia-Pacific Lactic Acid Market Sales and Growth Rate (2018-2023)
8.1.2 Asia-Pacific Lactic Acid Market Revenue and Growth Rate (2018-2023)
8.2 China Lactic Acid Market Size
8.3 Japan Lactic Acid Market Size
8.4 South Korea Lactic Acid Market Size
8.5 Australia Lactic Acid Market Size
8.6 India Lactic Acid Market Size
8.7 Key Macroeconomic Indicators
8.8 The Influence of COVID-19 on Asia Pacific Market

9 Middle East and Africa Lactic Acid Market Analysis
9.1 Middle East and Africa Lactic Acid Market Size
9.1.1 Middle East and Africa Lactic Acid Market Sales and Growth Rate (2018-2023)
9.1.2 Middle East and Africa Lactic Acid Market Revenue and Growth Rate (2018-2023)
9.2 Saudi Arabia Lactic Acid Market Size
9.3 UAE Lactic Acid Market Size
9.4 Egypt Lactic Acid Market Size
9.5 South Africa Lactic Acid Market Size
9.6 Key Macroeconomic Indicators
9.7 The Influence of COVID-19 on Middle East and Africa Market

10 South America Lactic Acid Market Analysis
10.1 South America Lactic Acid Market Size
10.1.1 South America Lactic Acid Market Sales and Growth Rate (2018-2023)
10.1.2 South America Lactic Acid Market Revenue and Growth Rate (2018-2023)
10.2 Brazil Lactic Acid Market Size
10.3 Argentina Lactic Acid Market Size
10.4 Columbia Lactic Acid Market Size
10.5 Key Macroeconomic Indicators
10.6 The Influence of COVID-19 on South America Market

11 Competition Landscape and Company Profiles
11.1 Hawkins Inc
11.1.1 Hawkins Inc Basic Information
11.1.2 Hawkins Inc Product Profiles, Application and Specification
11.1.3 Hawkins Inc Lactic Acid Market Performance (2018-2023)
11.2 Cargill
11.2.1 Cargill Basic Information
11.2.2 Cargill Product Profiles, Application and Specification
11.2.3 Cargill Lactic Acid Market Performance (2018-2023)
11.3 Thermo Scientific Chemicals
11.3.1 Thermo Scientific Chemicals Basic Information
11.3.2 Thermo Scientific Chemicals Product Profiles, Application and Specification
11.3.3 Thermo Scientific Chemicals Lactic Acid Market Performance (2018-2023)
11.4 Galactic
11.4.1 Galactic Basic Information
11.4.2 Galactic Product Profiles, Application and Specification
11.4.3 Galactic Lactic Acid Market Performance (2018-2023)
11.5 Archer Daniels Midland (ADM)
11.5.1 Archer Daniels Midland (ADM) Basic Information
11.5.2 Archer Daniels Midland (ADM) Product Profiles, Application and Specification
11.5.3 Archer Daniels Midland (ADM) Lactic Acid Market Performance (2018-2023)
11.6 Jungbunzlauer
11.6.1 Jungbunzlauer Basic Information
11.6.2 Jungbunzlauer Product Profiles, Application and Specification
11.6.3 Jungbunzlauer Lactic Acid Market Performance (2018-2023)
11.7 Corbion (Purac)
11.7.1 Corbion (Purac) Basic Information
11.7.2 Corbion (Purac) Product Profiles, Application and Specification
11.7.3 Corbion (Purac) Lactic Acid Market Performance (2018-2023)

12 Global Lactic Acid Market Forecast, By Type and Applications
12.1 Global Lactic Acid Market Forecast by Types (2023-2028)
12.1.1 Global Lactic Acid Market Forecast Sales and Market Share by Types (2023-2028)
12.1.2 Global Lactic Acid Market Forecast Revenue and Market Share by Types (2023-2028)
12.2 Global Lactic Acid Market Forecast by Applications (2023-2028)
12.2.1 Global Lactic Acid Market Forecast Consumption and Market Share by Applications (2023-2028)
12.2.2 Global Lactic Acid Market Forecast Revenue and Market Share by Applications (2023-2028)

13 Global Lactic Acid Market Forecast, By Regions
13.1 Global Lactic Acid Market Forecast Sales and Market Share by Regions (2023-2028)
13.2 Global Lactic Acid Market Forecast Revenue and Market Share by Regions (2023-2028)
13.3 North America Lactic Acid Market Forecast (2023-2028)
13.4 Europe Lactic Acid Market Forecast (2023-2028)
13.5 Asia-Pacific Lactic Acid Market Forecast (2023-2028)
13.6 Middle East and Africa Lactic Acid Market Forecast (2023-2028)
13.7 South America Lactic Acid Market Forecast (2023-2028)

14 Appendix
14.1 Methodology
14.2 Research Data Source
14.2.1 Secondary Data
14.2.2 Primary Data
14.2.3 Market Size Estimation
14.2.4 Legal Disclaimer

List of Tables and Figures

Table Lactic Acid Key Market Segments
Figure Global Lactic Acid Market Size and Growth Rate 2018-2028
Figure Channel Status of Lactic Acid
Table Market Driving Factors of Lactic Acid
Table Market Industry Constraints and Challenges of Lactic Acid
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Table Global Lactic Acid Sales by Types (2018-2023)
Table Global Lactic Acid Sales Share by Types (2018-2023)
Table Global Lactic Acid Revenue ($) by Types (2018-2023)
Table Global Lactic Acid Revenue Share by Types (2018-2023)
Table Global Lactic Acid Price by Types (2018-2023)
Figure Global Corn Sales and Growth Rate (2018-2023)
Figure Global Corn Price (2018-2023)
Figure Global Sugarcane Sales and Growth Rate (2018-2023)
Figure Global Sugarcane Price (2018-2023)
Figure Global Cassava Sales and Growth Rate (2018-2023)
Figure Global Cassava Price (2018-2023)
Figure Global Other Crops Sales and Growth Rate (2018-2023)
Figure Global Other Crops Price (2018-2023)
Table Global Lactic Acid Consumption by Applications (2018-2023)
Table Global Lactic Acid Consumption Share by Applications (2018-2023)
Table Global Lactic Acid Revenue ($) by Applications (2018-2023)
Table Global Lactic Acid Revenue Share by Applications (2018-2023)
Figure Global Industrial Consumption and Growth Rate (2018-2023) Sales and Growth Rate (2018-2023)
Figure Global Food & Beverages Consumption and Growth Rate (2018-2023) Sales and Growth Rate (2018-2023)
Figure Global Pharmaceuticals Consumption and Growth Rate (2018-2023) Sales and Growth Rate (2018-2023)
Figure Global Personal Care Consumption and Growth Rate (2018-2023) Sales and Growth Rate (2018-2023)
Figure Global Polylactic Acid Consumption and Growth Rate (2018-2023) Sales and Growth Rate (2018-2023)
Figure Global Others Consumption and Growth Rate (2018-2023) Sales and Growth Rate (2018-2023)
Figure Global Lactic Acid Sales and Growth Rate (2018-2023)
Table Global Lactic Acid Sales by Regions (2018-2023)
Table Global Lactic Acid Sales Market Share by Regions (2018-2023)
Figure Global Lactic Acid Sales Market Share by Regions in 2022
Figure Global Lactic Acid Revenue and Growth Rate (2018-2023)
Table Global Lactic Acid Revenue by Regions (2018-2023)
Table Global Lactic Acid Revenue Market Share by Regions (2018-2023)
Figure Global Lactic Acid Revenue Market Share by Regions in 2022
Figure North America Lactic Acid Market Sales and Growth Rate (2018-2023)
Table North America Lactic Acid Sales by Countries (2018-2023)
Figure North America Lactic Acid Market Revenue ($) and Growth Rate (2018-2023)
Table North America Lactic Acid Revenue ($) by Countries (2018-2023)
Figure U.S. Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure U.S. Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure Canada Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure Canada Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure Mexico Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure Mexico Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure North America COVID-19 Status
Figure Europe Lactic Acid Market Sales and Growth Rate (2018-2023)
Table Europe Lactic Acid Sales by Countries (2018-2023)
Figure Europe Lactic Acid Market Revenue and Growth Rate (2018-2023)
Table Europe Lactic Acid Revenue by Countries (2018-2023)
Figure Germany Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure Germany Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure United Kingdom Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure United Kingdom Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure France Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure France Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure Italy Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure Italy Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure Spain Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure Spain Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure Russia Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure Russia Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure Europe COVID-19 Status
Figure Asia-Pacific Lactic Acid Market Sales and Growth Rate (2018-2023)
Table Asia-Pacific Lactic Acid Sales by Countries (2018-2023)
Figure Asia-Pacific Lactic Acid Market Revenue and Growth Rate (2018-2023)
Table Asia-Pacific Lactic Acid Revenue by Countries (2018-2023)
Figure China Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure China Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure Japan Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure Japan Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure South Korea Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure South Korea Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure Australia Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure Australia Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure India Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure India Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Lactic Acid Market Sales and Growth Rate (2018-2023)
Table Middle East and Africa Lactic Acid Sales by Countries (2018-2023)
Figure Middle East and Africa Lactic Acid Market Revenue and Growth Rate (2018-2023)
Table Middle East and Africa Lactic Acid Revenue by Countries (2018-2023)
Figure Saudi Arabia Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure Saudi Arabia Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure UAE Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure UAE Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure Egypt Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure Egypt Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure South Africa Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure South Africa Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure South America Lactic Acid Market Sales and Growth Rate (2018-2023)
Table South America Lactic Acid Sales by Countries (2018-2023)
Figure South America Lactic Acid Market Revenue and Growth Rate (2018-2023)
Table South America Lactic Acid Revenue by Countries (2018-2023)
Figure Brazil Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure Brazil Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure Argentina Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure Argentina Lactic Acid Market Revenue and Growth Rate (2018-2023)
Figure Columbia Lactic Acid Market Sales and Growth Rate (2018-2023)
Figure Columbia Lactic Acid Market Revenue and Growth Rate (2018-2023)
Table Hawkins Inc Company Profile
Table Hawkins Inc Production, Value, Price, Gross Margin 2018-2023
Figure Hawkins Inc Production and Growth Rate
Figure Hawkins Inc Value ($) Market Share 2018-2023
Table Cargill Company Profile
Table Cargill Production, Value, Price, Gross Margin 2018-2023
Figure Cargill Production and Growth Rate
Figure Cargill Value ($) Market Share 2018-2023
Table Thermo Scientific Chemicals Company Profile
Table Thermo Scientific Chemicals Production, Value, Price, Gross Margin 2018-2023
Figure Thermo Scientific Chemicals Production and Growth Rate
Figure Thermo Scientific Chemicals Value ($) Market Share 2018-2023
Table Galactic Company Profile
Table Galactic Production, Value, Price, Gross Margin 2018-2023
Figure Galactic Production and Growth Rate
Figure Galactic Value ($) Market Share 2018-2023
Table Archer Daniels Midland (ADM) Company Profile
Table Archer Daniels Midland (ADM) Production, Value, Price, Gross Margin 2018-2023
Figure Archer Daniels Midland (ADM) Production and Growth Rate
Figure Archer Daniels Midland (ADM) Value ($) Market Share 2018-2023
Table Jungbunzlauer Company Profile
Table Jungbunzlauer Production, Value, Price, Gross Margin 2018-2023
Figure Jungbunzlauer Production and Growth Rate
Figure Jungbunzlauer Value ($) Market Share 2018-2023
Table Corbion (Purac) Company Profile
Table Corbion (Purac) Production, Value, Price, Gross Margin 2018-2023
Figure Corbion (Purac) Production and Growth Rate
Figure Corbion (Purac) Value ($) Market Share 2018-2023
Table Global Lactic Acid Market Forecast Sales by Types (2023-2028)
Table Global Lactic Acid Market Forecast Sales Share by Types (2023-2028)
Table Global Lactic Acid Market Forecast Revenue ($) by Types (2023-2028)
Table Global Lactic Acid Market Forecast Revenue Share by Types (2023-2028)
Table Global Lactic Acid Market Forecast Consumption by Applications (2023-2028)
Table Global Lactic Acid Market Forecast Consumption Share by Applications (2023-2028)
Table Global Lactic Acid Market Forecast Revenue ($) by Applications (2023-2028)
Table Global Lactic Acid Market Forecast Revenue Share by Applications (2023-2028)
Table Global Lactic Acid Market Forecast Sales by Regions (2023-2028)
Table Global Lactic Acid Market Forecast Sales Share by Regions (2023-2028)
Table Global Lactic Acid Market Forecast Revenue ($) by Regions (2023-2028)
Table Global Lactic Acid Market Forecast Revenue Share by Regions (2023-2028)
Figure North America Market Sales and Growth Rate Forecast (2023-2028)
Figure North America Market Revenue ($) and Growth Rate Forecast (2023-2028)
Figure Europe Market Sales and Growth Rate Forecast (2023-2028)
Figure Europe Market Revenue ($) and Growth Rate Forecast (2023-2028)
Figure Asia-Pacific Market Sales and Growth Rate Forecast (2023-2028)
Figure Asia-Pacific Market Revenue ($) and Growth Rate Forecast (2023-2028)
Figure Middle East and Africa Market Sales and Growth Rate Forecast (2023-2028)
Figure Middle East and Africa Market Revenue ($) and Growth Rate Forecast (2023-2028)
Figure South America Market Sales and Growth Rate Forecast (2023-2028)
Figure South America Market Revenue ($) and Growth Rate Forecast (2023-2028)
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