The global L(+)-Lactic Acid market is projected to reach US$ 750.2 million by 2030 from an estimated US$ 666.2 million in 2024, at a CAGR of 2.0% during 2024 and 2030.

L(+)-Lactic Acid Market

Lactic acid has a systematic name that is 2-hydroxypropionic acid, which is widely existed in nature. Lactic acid is formed when glucose is broken down for energy in the absence of sufficient oxygen.

Lactic Acid is a transparent, colorless syrupy liquid produced from the fermentation of dextrose. It is odorless or has a slight characteristic odor, and has a mild acid taste.

Lactic Acid is widely used as an acidulant in foods and beverages that require an edible non-volatile acid.

Global L(+)-Lactic Acid key players include Corbion, Naturework, Henan Jindan Lactic Acid Technology, COFCO Biochemical (AnHui), etc. Global top four manufacturers hold a share over 75%.

USA is the largest market, with a share about 40%, followed by China, and Europe, both have a share about 45 percent.

In terms of product, Food Grade is the largest segment, with a share over 90%. And in terms of application, the largest application is Industrial Applications, followed by Food and Beverage, Home and personal care, Pharmaceutical, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for L(+)-Lactic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyse their position in the current marketplace, and make informed business decisions regarding L(+)-Lactic Acid.

The L(+)-Lactic Acid market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global L(+)-Lactic Acid market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the L(+)-Lactic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and regions.

Market Segmentation

Scope of L(+)-Lactic Acid Market Report

Report Metric	Details
Report Name	L(+)-Lactic Acid Market
Accounted market size in 2024	an estimated US$ 666.2 million
Forecasted market size in 2030	US$ 750.2 million
CAGR	2.0%
Base Year	2024
Forecasted years	2024 - 2030
Segment by Type	Food Grade Industrial Grade Pharmaceutical Grade
Segment by Application	Pharmaceutical Home and Personal Care Industrial Applications Food and Beverage Others
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	Corbion, Naturework, Galactic, Henan Jindan Lactic Acid Technology, COFCO Biochemical (AnHui), Musashino Chemical, ADM, Yancheng Haijianuo, Wuhan Sanjiang Space Good Biotech, Shanxi Biochemical, Jungbunzlauer, Zhengzhou Tianrun, Shangdong Fullsail, Tripura Bio Tech Limited
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales (consumption), revenue of L(+)-Lactic Acid in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 3: Detailed analysis of L(+)-Lactic Acid manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, L(+)-Lactic Acid sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 14: Research Findings and Conclusion.

FAQ for this report

How fast is L(+)-Lactic Acid Market growing?

Ans: The L(+)-Lactic Acid Market witnessing a CAGR of 2.0% during the forecast period 2024-2030.

What is the L(+)-Lactic Acid Market size in 2030?

Ans: The L(+)-Lactic Acid Market size in 2030 will be US$ 750.2 million.

What is the market share of major companies in L(+)-Lactic Acid Market?

Ans: Global top four manufacturers hold a share over 75%.

What is the L(+)-Lactic Acid Market share by type?

Ans: In terms of product, Food Grade is the largest segment, with a share over 90%.

Who are the main players in the L(+)-Lactic Acid Market report?

Ans: The main players in the L(+)-Lactic Acid Market are Corbion, Naturework, Galactic, Henan Jindan Lactic Acid Technology, COFCO Biochemical (AnHui), Musashino Chemical, ADM, Yancheng Haijianuo, Wuhan Sanjiang Space Good Biotech, Shanxi Biochemical, Jungbunzlauer, Zhengzhou Tianrun, Shangdong Fullsail, Tripura Bio Tech Limited

What are the Application segmentation covered in the L(+)-Lactic Acid Market report?

Ans: The Applications covered in the L(+)-Lactic Acid Market report are Pharmaceutical, Home and Personal Care, Industrial Applications, Food and Beverage, Others

What are the Type segmentation covered in the L(+)-Lactic Acid Market report?

Ans: The Types covered in the L(+)-Lactic Acid Market report are Food Grade, Industrial Grade, Pharmaceutical Grade

1 Study Coverage

1.1 L(+)-Lactic Acid Product Introduction

1.2 Market by Type

1.2.1 Global L(+)-Lactic Acid Market Size Growth Rate by Type (2019 VS 2023 VS 2030)

1.2.2 Food Grade

1.2.3 Industrial Grade

1.2.4 Pharmaceutical Grade

1.3 Market by Application

1.3.1 Global L(+)-Lactic Acid Market Size Growth Rate by Application (2019 VS 2023 VS 2030)

1.3.2 Pharmaceutical

1.3.3 Home and Personal Care

1.3.4 Industrial Applications

1.3.5 Food and Beverage

1.3.6 Others

1.4 Study Objectives

1.5 Years Considered

2 Executive Summary

2.1 Global L(+)-Lactic Acid Market Size Estimates and Forecasts

2.1.1 Global L(+)-Lactic Acid Revenue 2019-2030

2.1.2 Global L(+)-Lactic Acid Sales 2019-2030

2.2 L(+)-Lactic Acid Market Size by Region: 2023 Versus 2030

2.3 L(+)-Lactic Acid Sales by Region (2019-2030)

2.3.1 Global L(+)-Lactic Acid Sales by Region: 2019-2024

2.3.2 Global L(+)-Lactic Acid Sales Forecast by Region (2025-2030)

2.3.3 Global L(+)-Lactic Acid Sales Market Share by Region (2019-2030)

2.4 L(+)-Lactic Acid Market Estimates and Projections by Region (2025-2030)

2.4.1 Global L(+)-Lactic Acid Revenue by Region: 2019-2024

2.4.2 Global L(+)-Lactic Acid Revenue Forecast by Region (2025-2030)

2.4.3 Global L(+)-Lactic Acid Revenue Market Share by Region (2019-2030)

3 Global L(+)-Lactic Acid by Manufacturers

3.1 Global Top L(+)-Lactic Acid Manufacturers by Sales

3.1.1 Global L(+)-Lactic Acid Sales by Manufacturer (2019-2024)

3.1.2 Global L(+)-Lactic Acid Sales Market Share by Manufacturer (2019-2024)

3.2 Global Top L(+)-Lactic Acid Manufacturers by Revenue

3.2.1 Global L(+)-Lactic Acid Revenue by Manufacturer (2019-2024)

3.2.2 Global L(+)-Lactic Acid Revenue Share by Manufacturer (2019-2024)

3.3 Global L(+)-Lactic Acid Price by Manufacturer (2019-2024)

3.4 Competitive Landscape

3.4.1 Key L(+)-Lactic Acid Manufacturers Covered: Ranking by Revenue

3.4.2 Global L(+)-Lactic Acid Market Concentration Ratio (CR5 and HHI) & (2019-2024)

3.4.3 Global L(+)-Lactic Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

3.5 Global L(+)-Lactic Acid Manufacturing Base Distribution, Product Type

3.5.1 L(+)-Lactic Acid Manufacturers Manufacturing Base Distribution, Headquarters

3.5.2 Manufacturers L(+)-Lactic Acid Product Type

3.5.3 Date of International Manufacturers Enter into L(+)-Lactic Acid Market

3.6 Manufacturers Mergers & Acquisitions, Expansion Plans

4 Company Profiles

4.1 Corbion

4.1.1 Corbion Company Information

4.1.2 Corbion Description, Business Overview

4.1.3 Corbion L(+)-Lactic Acid Products Offered

4.1.4 Corbion L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)

4.1.5 Corbion L(+)-Lactic Acid Sales by Product in 2023

4.1.6 Corbion L(+)-Lactic Acid Sales by Application in 2023

4.1.7 Corbion L(+)-Lactic Acid Sales by Geographic Area in 2023

4.1.8 Corbion Recent Developments

4.2 Naturework

4.2.1 Naturework Company Information

4.2.2 Naturework Description, Business Overview

4.2.3 Naturework L(+)-Lactic Acid Products Offered

4.2.4 Naturework L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)

4.2.5 Naturework L(+)-Lactic Acid Sales by Product in 2023

4.2.6 Naturework L(+)-Lactic Acid Sales by Application in 2023

4.2.7 Naturework L(+)-Lactic Acid Sales by Geographic Area in 2023

4.2.8 Naturework Recent Developments

4.3 Galactic

4.3.1 Galactic Company Information

4.3.2 Galactic Description, Business Overview

4.3.3 Galactic L(+)-Lactic Acid Products Offered

4.3.4 Galactic L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)

4.3.5 Galactic L(+)-Lactic Acid Sales by Product in 2023

4.3.6 Galactic L(+)-Lactic Acid Sales by Application in 2023

4.3.7 Galactic L(+)-Lactic Acid Sales by Geographic Area in 2023

4.3.8 Galactic Recent Developments

4.4 Henan Jindan Lactic Acid Technology

4.4.1 Henan Jindan Lactic Acid Technology Company Information

4.4.2 Henan Jindan Lactic Acid Technology Description, Business Overview

4.4.3 Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Products Offered

4.4.4 Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)

4.4.5 Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Sales by Product in 2023

4.4.6 Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Sales by Application in 2023

4.4.7 Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Sales by Geographic Area in 2023

4.4.8 Henan Jindan Lactic Acid Technology Recent Developments

4.5 COFCO Biochemical (AnHui)

4.5.1 COFCO Biochemical (AnHui) Company Information

4.5.2 COFCO Biochemical (AnHui) Description, Business Overview

4.5.3 COFCO Biochemical (AnHui) L(+)-Lactic Acid Products Offered

4.5.4 COFCO Biochemical (AnHui) L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)

4.5.5 COFCO Biochemical (AnHui) L(+)-Lactic Acid Sales by Product in 2023

4.5.6 COFCO Biochemical (AnHui) L(+)-Lactic Acid Sales by Application in 2023

4.5.7 COFCO Biochemical (AnHui) L(+)-Lactic Acid Sales by Geographic Area in 2023

4.5.8 COFCO Biochemical (AnHui) Recent Developments

4.6 Musashino Chemical

4.6.1 Musashino Chemical Company Information

4.6.2 Musashino Chemical Description, Business Overview

4.6.3 Musashino Chemical L(+)-Lactic Acid Products Offered

4.6.4 Musashino Chemical L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)

4.6.5 Musashino Chemical L(+)-Lactic Acid Sales by Product in 2023

4.6.6 Musashino Chemical L(+)-Lactic Acid Sales by Application in 2023

4.6.7 Musashino Chemical L(+)-Lactic Acid Sales by Geographic Area in 2023

4.6.8 Musashino Chemical Recent Development

4.7 ADM

4.7.1 ADM Company Information

4.7.2 ADM Description, Business Overview

4.7.3 ADM L(+)-Lactic Acid Products Offered

4.7.4 ADM L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)

4.7.5 ADM L(+)-Lactic Acid Sales by Product in 2023

4.7.6 ADM L(+)-Lactic Acid Sales by Application in 2023

4.7.7 ADM L(+)-Lactic Acid Sales by Geographic Area in 2023

4.7.8 ADM Recent Development

4.8 Yancheng Haijianuo

4.8.1 Yancheng Haijianuo Company Information

4.8.2 Yancheng Haijianuo Description, Business Overview

4.8.3 Yancheng Haijianuo L(+)-Lactic Acid Products Offered

4.8.4 Yancheng Haijianuo L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)

4.8.5 Yancheng Haijianuo L(+)-Lactic Acid Sales by Product in 2023

4.8.6 Yancheng Haijianuo L(+)-Lactic Acid Sales by Application in 2023

4.8.7 Yancheng Haijianuo L(+)-Lactic Acid Sales by Geographic Area in 2023

4.8.8 Yancheng Haijianuo Recent Development

4.9 Wuhan Sanjiang Space Good Biotech

4.9.1 Wuhan Sanjiang Space Good Biotech Company Information

4.9.2 Wuhan Sanjiang Space Good Biotech Description, Business Overview

4.9.3 Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Products Offered

4.9.4 Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)

4.9.5 Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Sales by Product in 2023

4.9.6 Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Sales by Application in 2023

4.9.7 Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Sales by Geographic Area in 2023

4.9.8 Wuhan Sanjiang Space Good Biotech Recent Development

4.10 Shanxi Biochemical

4.10.1 Shanxi Biochemical Company Information

4.10.2 Shanxi Biochemical Description, Business Overview

4.10.3 Shanxi Biochemical L(+)-Lactic Acid Products Offered

4.10.4 Shanxi Biochemical L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)

4.10.5 Shanxi Biochemical L(+)-Lactic Acid Sales by Product in 2023

4.10.6 Shanxi Biochemical L(+)-Lactic Acid Sales by Application in 2023

4.10.7 Shanxi Biochemical L(+)-Lactic Acid Sales by Geographic Area in 2023

4.10.8 Shanxi Biochemical Recent Development

4.11 Jungbunzlauer

4.11.1 Jungbunzlauer Company Information

4.11.2 Jungbunzlauer Description, Business Overview

4.11.3 Jungbunzlauer L(+)-Lactic Acid Products Offered

4.11.4 Jungbunzlauer L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)

4.11.5 Jungbunzlauer L(+)-Lactic Acid Sales by Product in 2023

4.11.6 Jungbunzlauer L(+)-Lactic Acid Sales by Application in 2023

4.11.7 Jungbunzlauer L(+)-Lactic Acid Sales by Geographic Area in 2023

4.11.8 Jungbunzlauer Recent Development

4.12 Zhengzhou Tianrun

4.12.1 Zhengzhou Tianrun Company Information

4.12.2 Zhengzhou Tianrun Description, Business Overview

4.12.3 Zhengzhou Tianrun L(+)-Lactic Acid Products Offered

4.12.4 Zhengzhou Tianrun L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)

4.12.5 Zhengzhou Tianrun L(+)-Lactic Acid Sales by Product in 2023

4.12.6 Zhengzhou Tianrun L(+)-Lactic Acid Sales by Application in 2023

4.12.7 Zhengzhou Tianrun L(+)-Lactic Acid Sales by Geographic Area in 2023

4.12.8 Zhengzhou Tianrun Recent Development

4.13 Shangdong Fullsail

4.13.1 Shangdong Fullsail Company Information

4.13.2 Shangdong Fullsail Description, Business Overview

4.13.3 Shangdong Fullsail L(+)-Lactic Acid Products Offered

4.13.4 Shangdong Fullsail L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)

4.13.5 Shangdong Fullsail L(+)-Lactic Acid Sales by Product in 2023

4.13.6 Shangdong Fullsail L(+)-Lactic Acid Sales by Application in 2023

4.13.7 Shangdong Fullsail L(+)-Lactic Acid Sales by Geographic Area in 2023

4.13.8 Shangdong Fullsail Recent Development

4.14 Tripura Bio Tech Limited

4.14.1 Tripura Bio Tech Limited Company Information

4.14.2 Tripura Bio Tech Limited Description, Business Overview

4.14.3 Tripura Bio Tech Limited L(+)-Lactic Acid Products Offered

4.14.4 Tripura Bio Tech Limited L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)

4.14.5 Tripura Bio Tech Limited L(+)-Lactic Acid Sales by Product in 2023

4.14.6 Tripura Bio Tech Limited L(+)-Lactic Acid Sales by Application in 2023

4.14.7 Tripura Bio Tech Limited L(+)-Lactic Acid Sales by Geographic Area in 2023

4.14.8 Tripura Bio Tech Limited Recent Development

5 Breakdown Data by Type

5.1 Global L(+)-Lactic Acid Sales by Type (2019-2030)

5.1.1 Global L(+)-Lactic Acid Sales by Type (2019-2024)

5.1.2 Global L(+)-Lactic Acid Sales Forecast by Type (2025-2030)

5.1.3 Global L(+)-Lactic Acid Sales Market Share by Type (2019-2030)

5.2 Global L(+)-Lactic Acid Revenue Forecast by Type (2019-2030)

5.2.1 Global L(+)-Lactic Acid Revenue by Type (2019-2024)

5.2.2 Global L(+)-Lactic Acid Revenue Forecast by Type (2025-2030)

5.2.3 Global L(+)-Lactic Acid Revenue Market Share by Type (2019-2030)

5.3 L(+)-Lactic Acid Average Selling Price (ASP) by Type (2019-2030)

6 Breakdown Data by Application

6.1 Global L(+)-Lactic Acid Sales by Application (2019-2030)

6.1.1 Global L(+)-Lactic Acid Sales by Application (2019-2024)

6.1.2 Global L(+)-Lactic Acid Sales Forecast by Application (2025-2030)

6.1.3 Global L(+)-Lactic Acid Sales Market Share by Application (2019-2030)

6.2 Global L(+)-Lactic Acid Revenue Forecast by Application (2019-2030)

6.2.1 Global L(+)-Lactic Acid Revenue by Application (2019-2024)

6.2.2 Global L(+)-Lactic Acid Revenue Forecast by Application (2025-2030)

6.2.3 Global L(+)-Lactic Acid Revenue Market Share by Application (2019-2030)

6.3 L(+)-Lactic Acid Average Selling Price (ASP) by Application (2019-2030)

7 North America

7.1 North America L(+)-Lactic Acid Market Size YoY Growth 2019-2030

7.2 North America L(+)-Lactic Acid Market Facts & Figures by Country

7.2.1 North America L(+)-Lactic Acid Sales by Country (2019-2030)

7.2.2 North America L(+)-Lactic Acid Revenue by Country (2019-2030)

7.3 North America L(+)-Lactic Acid Sales by Type (2019-2024)

7.4 North America L(+)-Lactic Acid Sales by Application (2019-2024)

8 Asia-Pacific

8.1 Asia-Pacific L(+)-Lactic Acid Market Size YoY Growth 2019-2030

8.2 Asia-Pacific L(+)-Lactic Acid Market Facts & Figures by Region

8.2.1 Asia-Pacific L(+)-Lactic Acid Sales by Region (2019-2030)

8.2.2 Asia-Pacific L(+)-Lactic Acid Revenue by Region (2019-2030)

8.3 Asia-Pacific L(+)-Lactic Acid Sales by Type (2019-2024)

8.4 Asia-Pacific L(+)-Lactic Acid Sales by Application (2019-2024)

9 Europe

9.1 Europe L(+)-Lactic Acid Market Size YoY Growth 2019-2030

9.2 Europe L(+)-Lactic Acid Market Facts & Figures by Country

9.2.1 Europe L(+)-Lactic Acid Sales by Country (2019-2030)

9.2.2 Europe L(+)-Lactic Acid Revenue by Country (2019-2030)

9.3 Europe L(+)-Lactic Acid Sales by Type (2019-2024)

9.4 Europe L(+)-Lactic Acid Sales by Application (2019-2024)

10 Latin America

10.1 Latin America L(+)-Lactic Acid Market Size YoY Growth 2019-2030

10.2 Latin America L(+)-Lactic Acid Market Facts & Figures by Country

10.2.1 Latin America L(+)-Lactic Acid Sales by Country (2019-2030)

10.2.2 Latin America L(+)-Lactic Acid Revenue by Country (2019-2030)

10.3 Latin America L(+)-Lactic Acid Sales by Type (2019-2024)

10.4 Latin America L(+)-Lactic Acid Sales by Application (2019-2024)

11 Middle East and Africa

11.1 Middle East and Africa L(+)-Lactic Acid Market Size YoY Growth 2019-2030

11.2 Middle East and Africa L(+)-Lactic Acid Market Facts & Figures by Country

11.2.1 Middle East and Africa L(+)-Lactic Acid Sales by Country (2019-2030)

11.2.2 Middle East and Africa L(+)-Lactic Acid Revenue by Country (2019-2030)

11.3 Middle East and Africa L(+)-Lactic Acid Sales by Type (2019-2024)

11.4 Middle East and Africa L(+)-Lactic Acid Sales by Application (2019-2024)

12 Supply Chain and Sales Channel Analysis

12.1 L(+)-Lactic Acid Supply Chain Analysis

12.2 L(+)-Lactic Acid Key Raw Materials and Upstream Suppliers

12.3 L(+)-Lactic Acid Clients Analysis

12.4 L(+)-Lactic Acid Sales Channel and Sales Model Analysis

12.4.1 L(+)-Lactic Acid Distribution Channel Analysis: Indirect Sales VS Direct Sales

12.4.2 L(+)-Lactic Acid Distribution Channel Analysis: Online Sales VS Offline Sales

12.4.3 L(+)-Lactic Acid Distributors

13 Market Dynamics

13.1 L(+)-Lactic Acid Industry Trends

13.2 L(+)-Lactic Acid Market Drivers

13.3 L(+)-Lactic Acid Market Challenges

13.4 L(+)-Lactic Acid Market Restraints

14 Research Findings and Conclusion

15 Appendix

15.1 Research Methodology

15.1.1 Methodology/Research Approach

15.1.2 Data Source

15.2 Author Details

15.3 Disclaimer

FEATURED COMPANIES

Corbion

Naturework

Galactic

Henan Jindan Lactic Acid Technology

COFCO Biochemical (AnHui)

Musashino Chemical

ADM

Yancheng Haijianuo

Wuhan Sanjiang Space Good Biotech

Tripura Bio Tech Limited

List of Tables

Table 1. Global L(+)-Lactic Acid Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030

Table 2. Major Manufacturers of Food Grade

Table 3. Major Manufacturers of Industrial Grade

Table 4. Major Manufacturers of Pharmaceutical Grade

Table 5. Global L(+)-Lactic Acid Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030

Table 6. Global L(+)-Lactic Acid Market Size by Region (US$ Million): 2023 VS 2030

Table 7. Global L(+)-Lactic Acid Sales by Region (2019-2024) & (MT)

Table 8. Global L(+)-Lactic Acid Sales Forecast by Region (2025-2030) & (MT)

Table 9. Global L(+)-Lactic Acid Revenue by Region (2019-2024) & (US$ Million)

Table 10. Global L(+)-Lactic Acid Revenue Forecast by Region (2025-2030) & (US$ Million)

Table 11. Global L(+)-Lactic Acid Sales by Manufacturer (2019-2024) & (MT)

Table 12. Global L(+)-Lactic Acid Sales Share by Manufacturer (2019-2024)

Table 13. L(+)-Lactic Acid Revenue by Manufacturer (2019-2024) & (US$ Million)

Table 14. L(+)-Lactic Acid Revenue Share by Manufacturer (2019-2024)

Table 15. Key Manufacturers L(+)-Lactic Acid Price (2019-2024) & (USD/MT)

Table 16. Ranking of Global Top L(+)-Lactic Acid Manufacturers by Revenue (US$ Million) in 2023

Table 17. Global L(+)-Lactic Acid Manufacturers Market Concentration Ratio (CR5 and HHI) & (2019-2024)

Table 18. Global L(+)-Lactic Acid by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in L(+)-Lactic Acid as of 2023)

Table 19. L(+)-Lactic Acid Manufacturers Manufacturing Base Distribution and Headquarters

Table 20. Manufacturers L(+)-Lactic Acid Product Type

Table 21. Date of International Manufacturers Enter into L(+)-Lactic Acid Market

Table 22. Manufacturers Mergers & Acquisitions, Expansion Plans

Table 23. Corbion Company Information

Table 24. Corbion Description and Business Overview

Table 25. Corbion L(+)-Lactic Acid Product

Table 26. Corbion L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 27. Corbion Sales Proportion of L(+)-Lactic Acid by Product in 2023

Table 28. Corbion Sales Proportion of L(+)-Lactic Acid by Application in 2023

Table 29. Corbion Sales Proportion of L(+)-Lactic Acid by Geographic Area in 2023

Table 30. Corbion Recent Development

Table 31. Naturework Company Information

Table 32. Naturework Description and Business Overview

Table 33. Naturework L(+)-Lactic Acid Product

Table 34. Naturework L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 35. Naturework Sales Proportion of L(+)-Lactic Acid by Product in 2023

Table 36. Naturework Sales Proportion of L(+)-Lactic Acid by Application in 2023

Table 37. Naturework Sales Proportion of L(+)-Lactic Acid by Geographic Area in 2023

Table 38. Naturework Recent Development

Table 39. Galactic Company Information

Table 40. Galactic Description and Business Overview

Table 41. Galactic L(+)-Lactic Acid Product

Table 42. Galactic L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 43. Galactic Sales Proportion of L(+)-Lactic Acid by Product in 2023

Table 44. Galactic Sales Proportion of L(+)-Lactic Acid by Application in 2023

Table 45. Galactic Sales Proportion of L(+)-Lactic Acid by Geographic Area in 2023

Table 46. Galactic Recent Development

Table 47. Henan Jindan Lactic Acid Technology Company Information

Table 48. Henan Jindan Lactic Acid Technology Description and Business Overview

Table 49. Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Product

Table 50. Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 51. Henan Jindan Lactic Acid Technology Sales Proportion of L(+)-Lactic Acid by Product in 2023

Table 52. Henan Jindan Lactic Acid Technology Sales Proportion of L(+)-Lactic Acid by Application in 2023

Table 53. Henan Jindan Lactic Acid Technology Sales Proportion of L(+)-Lactic Acid by Geographic Area in 2023

Table 54. Henan Jindan Lactic Acid Technology Recent Development

Table 55. COFCO Biochemical (AnHui) Company Information

Table 56. COFCO Biochemical (AnHui) Description and Business Overview

Table 57. COFCO Biochemical (AnHui) L(+)-Lactic Acid Product

Table 58. COFCO Biochemical (AnHui) L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 59. COFCO Biochemical (AnHui) Sales Proportion of L(+)-Lactic Acid by Product in 2023

Table 60. COFCO Biochemical (AnHui) Sales Proportion of L(+)-Lactic Acid by Application in 2023

Table 61. COFCO Biochemical (AnHui) Sales Proportion of L(+)-Lactic Acid by Geographic Area in 2023

Table 62. COFCO Biochemical (AnHui) Recent Development

Table 63. Musashino Chemical Company Information

Table 64. Musashino Chemical Description and Business Overview

Table 65. Musashino Chemical L(+)-Lactic Acid Product

Table 66. Musashino Chemical L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 67. Musashino Chemical Sales Proportion of L(+)-Lactic Acid by Product in 2023

Table 68. Musashino Chemical Sales Proportion of L(+)-Lactic Acid by Application in 2023

Table 69. Musashino Chemical Sales Proportion of L(+)-Lactic Acid by Geographic Area in 2023

Table 70. Musashino Chemical Recent Development

Table 71. ADM Company Information

Table 72. ADM Description and Business Overview

Table 73. ADM L(+)-Lactic Acid Product

Table 74. ADM L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 75. ADM Sales Proportion of L(+)-Lactic Acid by Product in 2023

Table 76. ADM Sales Proportion of L(+)-Lactic Acid by Application in 2023

Table 77. ADM Sales Proportion of L(+)-Lactic Acid by Geographic Area in 2023

Table 78. ADM Recent Development

Table 79. Yancheng Haijianuo Company Information

Table 80. Yancheng Haijianuo Description and Business Overview

Table 81. Yancheng Haijianuo L(+)-Lactic Acid Product

Table 82. Yancheng Haijianuo L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 83. Yancheng Haijianuo Sales Proportion of L(+)-Lactic Acid by Product in 2023

Table 84. Yancheng Haijianuo Sales Proportion of L(+)-Lactic Acid by Application in 2023

Table 85. Yancheng Haijianuo Sales Proportion of L(+)-Lactic Acid by Geographic Area in 2023

Table 86. Yancheng Haijianuo Recent Development

Table 87. Wuhan Sanjiang Space Good Biotech Company Information

Table 88. Wuhan Sanjiang Space Good Biotech Description and Business Overview

Table 89. Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Product

Table 90. Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 91. Wuhan Sanjiang Space Good Biotech Sales Proportion of L(+)-Lactic Acid by Product in 2023

Table 92. Wuhan Sanjiang Space Good Biotech Sales Proportion of L(+)-Lactic Acid by Application in 2023

Table 93. Wuhan Sanjiang Space Good Biotech Sales Proportion of L(+)-Lactic Acid by Geographic Area in 2023

Table 94. Wuhan Sanjiang Space Good Biotech Recent Development

Table 95. Shanxi Biochemical Company Information

Table 96. Shanxi Biochemical Description and Business Overview

Table 97. Shanxi Biochemical L(+)-Lactic Acid Product

Table 98. Shanxi Biochemical L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 99. Shanxi Biochemical Sales Proportion of L(+)-Lactic Acid by Product in 2023

Table 100. Shanxi Biochemical Sales Proportion of L(+)-Lactic Acid by Application in 2023

Table 101. Shanxi Biochemical Sales Proportion of L(+)-Lactic Acid by Geographic Area in 2023

Table 102. Shanxi Biochemical Recent Development

Table 103. Jungbunzlauer Company Information

Table 104. Jungbunzlauer Description and Business Overview

Table 105. Jungbunzlauer L(+)-Lactic Acid Product

Table 106. Jungbunzlauer L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 107. Jungbunzlauer Sales Proportion of L(+)-Lactic Acid by Product in 2023

Table 108. Jungbunzlauer Sales Proportion of L(+)-Lactic Acid by Application in 2023

Table 109. Jungbunzlauer Sales Proportion of L(+)-Lactic Acid by Geographic Area in 2023

Table 110. Jungbunzlauer Recent Development

Table 111. Zhengzhou Tianrun Company Information

Table 112. Zhengzhou Tianrun Description and Business Overview

Table 113. Zhengzhou Tianrun L(+)-Lactic Acid Product

Table 114. Zhengzhou Tianrun L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 115. Zhengzhou Tianrun Sales Proportion of L(+)-Lactic Acid by Product in 2023

Table 116. Zhengzhou Tianrun Sales Proportion of L(+)-Lactic Acid by Application in 2023

Table 117. Zhengzhou Tianrun Sales Proportion of L(+)-Lactic Acid by Geographic Area in 2023

Table 118. Zhengzhou Tianrun Recent Development

Table 119. Shangdong Fullsail Company Information

Table 120. Shangdong Fullsail Description and Business Overview

Table 121. Shangdong Fullsail L(+)-Lactic Acid Product

Table 122. Shangdong Fullsail L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 123. Shangdong Fullsail Sales Proportion of L(+)-Lactic Acid by Product in 2023

Table 124. Shangdong Fullsail Sales Proportion of L(+)-Lactic Acid by Application in 2023

Table 125. Shangdong Fullsail Sales Proportion of L(+)-Lactic Acid by Geographic Area in 2023

Table 126. Shangdong Fullsail Recent Development

Table 127. Tripura Bio Tech Limited Company Information

Table 128. Tripura Bio Tech Limited Description and Business Overview

Table 129. Tripura Bio Tech Limited L(+)-Lactic Acid Product

Table 130. Tripura Bio Tech Limited L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)

Table 131. Tripura Bio Tech Limited Sales Proportion of L(+)-Lactic Acid by Product in 2023

Table 132. Tripura Bio Tech Limited Sales Proportion of L(+)-Lactic Acid by Application in 2023

Table 133. Tripura Bio Tech Limited Sales Proportion of L(+)-Lactic Acid by Geographic Area in 2023

Table 134. Tripura Bio Tech Limited Recent Development

Table 135. Global L(+)-Lactic Acid Sales by Type (2019-2024) & (MT)

Table 136. Global L(+)-Lactic Acid Sales Forecast by Type (2025-2030) & (MT)

Table 137. Global L(+)-Lactic Acid Revenue by Type (2019-2024) & (US$ Million)

Table 138. Global L(+)-Lactic Acid Revenue Forecast by Type (2025-2030) & (US$ Million)

Table 139. Global L(+)-Lactic Acid Sales by Application (2019-2024) & (MT)

Table 140. Global L(+)-Lactic Acid Sales Forecast by Application (2025-2030) & (MT)

Table 141. Global L(+)-Lactic Acid Revenue by Application (2019-2024) & (US$ Million)

Table 142. Global L(+)-Lactic Acid Revenue Forecast by Application (2025-2030) & (US$ Million)

Table 143. North America L(+)-Lactic Acid Sales by Country (2019-2024) & (MT)

Table 144. North America L(+)-Lactic Acid Sales by Country (2025-2030) & (MT)

Table 145. North America L(+)-Lactic Acid Revenue by Country (2019-2024) & (US$ Million)

Table 146. North America L(+)-Lactic Acid Revenue by Country (2025-2030) & (US$ Million)

Table 147. North America L(+)-Lactic Acid Sales by Type (2019-2024) & (MT)

Table 148. North America L(+)-Lactic Acid Sales by Application (2019-2024) & (MT)

Table 149. Asia-Pacific L(+)-Lactic Acid Sales by Region (2019-2024) & (MT)

Table 150. Asia-Pacific L(+)-Lactic Acid Sales by Region (2025-2030) & (MT)

Table 151. Asia-Pacific L(+)-Lactic Acid Revenue by Region (2019-2030) & (US$ Million)

Table 152. Asia-Pacific L(+)-Lactic Acid Revenue by Region (2025-2030) & (US$ Million)

Table 153. Asia-Pacific L(+)-Lactic Acid Sales by Type (2019-2024) & (MT)

Table 154. Asia-Pacific L(+)-Lactic Acid Sales by Application (2019-2024) & (MT)

Table 155. Europe L(+)-Lactic Acid Sales by Country (2019-2024) & (MT)

Table 156. Europe L(+)-Lactic Acid Sales by Country (2025-2030) & (MT)

Table 157. Europe L(+)-Lactic Acid Revenue by Country (2019-2024) & (US$ Million)

Table 158. Europe L(+)-Lactic Acid Revenue by Country (2025-2030) & (US$ Million)

Table 159. Europe L(+)-Lactic Acid Sales by Type (2019-2024) & (MT)

Table 160. Europe L(+)-Lactic Acid Sales by Application (2019-2024) & (MT)

Table 161. Latin America L(+)-Lactic Acid Sales by Country (2019-2024) & (MT)

Table 162. Latin America L(+)-Lactic Acid Sales by Country (2025-2030) & (MT)

Table 163. Latin America L(+)-Lactic Acid Revenue by Country (2019-2024) & (US$ Million)

Table 164. Latin America L(+)-Lactic Acid Revenue by Country (2025-2030) & (US$ Million)

Table 165. Latin America L(+)-Lactic Acid Sales by Type (2019-2024) & (MT)

Table 166. Latin America L(+)-Lactic Acid Sales by Application (2019-2024) & (MT)

Table 167. Middle East and Africa L(+)-Lactic Acid Sales by Country (2019-2024) & (MT)

Table 168. Middle East and Africa L(+)-Lactic Acid Sales by Country (2025-2030) & (MT)

Table 169. Middle East and Africa L(+)-Lactic Acid Revenue by Country (2019-2024) & (US$ Million)

Table 170. Middle East and Africa L(+)-Lactic Acid Revenue by Country (2025-2030) & (US$ Million)

Table 171. Middle East and Africa L(+)-Lactic Acid Sales by Type (2019-2024) & (MT)

Table 172. Middle East and Africa L(+)-Lactic Acid Sales by Application (2019-2024) & (MT)

Table 173. L(+)-Lactic Acid Key Raw Materials, Industry Status and Trend

Table 174. L(+)-Lactic Acid Key Raw Materials and Upstream Suppliers

Table 175. L(+)-Lactic Acid Clients Status and Trend

Table 176. L(+)-Lactic Acid Typical Clients

Table 177. L(+)-Lactic Acid Distributors

Table 178. L(+)-Lactic Acid Market Trends

Table 179. L(+)-Lactic Acid Market Drivers

Table 180. L(+)-Lactic Acid Market Challenges

Table 181. L(+)-Lactic Acid Market Restraints

Table 182. Research Programs/Design for This Report

Table 183. Key Data Information from Secondary Sources

Table 184. Key Data Information from Primary Sources

List of Figures

Figure 1. L(+)-Lactic Acid Product Picture

Figure 2. Global L(+)-Lactic Acid Sales Market Share by Type in 2023 & 2030

Figure 3. Food Grade Product Picture

Figure 4. Industrial Grade Product Picture

Figure 5. Pharmaceutical Grade Product Picture

Figure 6. Global L(+)-Lactic Acid Sales Market Share by Application in 2023 & 2030

Figure 7. Pharmaceutical Examples

Figure 8. Home and Personal Care Examples

Figure 9. Industrial Applications Examples

Figure 10. Food and Beverage Examples

Figure 11. Others Examples

Figure 12. L(+)-Lactic Acid Report Years Considered

Figure 13. Global L(+)-Lactic Acid Market Size, (US$ Million), 2019 VS 2023 VS 2030

Figure 14. Global L(+)-Lactic Acid Market Size 2019-2030 (US$ Million)

Figure 15. Global L(+)-Lactic Acid Sales 2019-2030 (MT)

Figure 16. Global L(+)-Lactic Acid Sales Market Share Forecast by Region (2019-2030)

Figure 17. Global L(+)-Lactic Acid Revenue Market Share by Region (2019-2030)

Figure 18. Global L(+)-Lactic Acid Sales Share by Manufacturer in 2023

Figure 19. L(+)-Lactic Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2019 VS 2023

Figure 20. Global L(+)-Lactic Acid Sales Market Share Forecast by Type (2019-2030)

Figure 21. Global L(+)-Lactic Acid Revenue Market Share Forecast by Type (2019-2030)

Figure 22. L(+)-Lactic Acid Average Selling Price (ASP) by Type (2019-2024) & (USD/MT)

Figure 23. Global L(+)-Lactic Acid Sales Market Share Forecast by Application (2019-2030)

Figure 24. Global L(+)-Lactic Acid Revenue Market Share Forecast by Application (2019-2030)

Figure 25. L(+)-Lactic Acid Average Selling Price (ASP) by Application (2019-2024) & (USD/MT)

Figure 26. North America L(+)-Lactic Acid Revenue 2019-2030 (US$ Million)

Figure 27. North America L(+)-Lactic Acid Sales Market Share by Type (2019-2024)

Figure 28. North America L(+)-Lactic Acid Sales Market Share by Application (2019-2024)

Figure 29. Asia-Pacific L(+)-Lactic Acid Revenue 2019-2030 (US$ Million)

Figure 30. Asia-Pacific L(+)-Lactic Acid Sales Market Share by Region (2019-2030)

Figure 31. Asia-Pacific L(+)-Lactic Acid Revenue Market Share by Region (2019-2030)

Figure 32. Asia-Pacific L(+)-Lactic Acid Sales Market Share by Type (2019-2024)

Figure 33. Asia-Pacific L(+)-Lactic Acid Sales Market Share by Application (2019-2024)

Figure 34. Europe L(+)-Lactic Acid Revenue Growth Rate 2019-2030 (US$ Million)

Figure 35. Europe L(+)-Lactic Acid Sales Market Share by Country (2019-2030)

Figure 36. Europe L(+)-Lactic Acid Revenue Market Share by Country (2019-2030)

Figure 37. Europe L(+)-Lactic Acid Sales Market Share by Type (2019-2024)

Figure 38. Europe L(+)-Lactic Acid Sales Market Share by Application (2019-2024)

Figure 39. Latin America L(+)-Lactic Acid Revenue Growth Rate 2019-2030 (US$ Million)

Figure 40. Latin America L(+)-Lactic Acid Sales Market Share by Country (2019-2030)

Figure 41. Latin America L(+)-Lactic Acid Revenue Market Share by Country (2019-2024)

Figure 42. Latin America L(+)-Lactic Acid Sales Market Share by Type (2019-2024)

Figure 43. Latin America L(+)-Lactic Acid Sales Market Share by Application (2019-2024)

Figure 44. Middle East and Africa L(+)-Lactic Acid Revenue Growth Rate 2019-2030 (US$ Million)

Figure 45. Middle East and Africa L(+)-Lactic Acid Sales Market Share by Country (2019-2030)

Figure 46. Middle East and Africa L(+)-Lactic Acid Revenue Market Share by Country (2019-2030)

Figure 47. Middle East and Africa L(+)-Lactic Acid Sales Market Share by Type (2019-2024)

Figure 48. Middle East and Africa L(+)-Lactic Acid Sales Market Share by Application (2019-2024)

Figure 49. L(+)-Lactic Acid Supply Chain (Upstream and Downstream Market)

Figure 50. Global Production Market Share of L(+)-Lactic Acid Raw Materials by Region in 2023

Figure 51. L(+)-Lactic Acid Distribution Channels

Figure 52. Global L(+)-Lactic Acid Percentage 2019-2030: Indirect Sales VS Direct Sales

Figure 53. Global L(+)-Lactic Acid Percentage 2019-2030: Online Sales VS Offline Sales

Figure 54. Bottom-up and Top-down Approaches for This Report

Figure 55. Data Triangulation

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