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Global L(+)-Lactic Acid Market Research Report 2024
Published Date: January 2024
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Report Code: QYRE-Auto-2K6713
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Global L Lactic Acid Market Insights and Forecast to 2028
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Global L(+)-Lactic Acid Market Research Report 2024

Code: QYRE-Auto-2K6713
Report
January 2024
Pages:98
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

L(+)-Lactic Acid Market Size

The global L(+)-Lactic Acid market was valued at US$ 652 million in 2023 and is anticipated to reach US$ 750.2 million by 2030, witnessing a CAGR of 2.0% during the forecast period 2024-2030.

L(+)-Lactic Acid Market

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.
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, analyze their position in the current marketplace, and make informed business decisions regarding L(+)-Lactic Acid.

Report Scope

The L(+)-Lactic Acid market size, estimations, and forecasts are provided in terms of output/shipments (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, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of L(+)-Lactic Acid Market Report

Report Metric Details
Report Name L(+)-Lactic Acid Market
Accounted market size in 2023 US$ 652 million
Forecasted market size in 2030 US$ 750.2 million
CAGR 2.0%
Base Year 2023
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
Production by Region
  • North America
  • Europe
  • China
  • Japan
  • India
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
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 region, by Type, 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: Detailed analysis of L(+)-Lactic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of L(+)-Lactic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of L(+)-Lactic Acid in regional level and country 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, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size 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 market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: 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 10: The main points and conclusions of the report.

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 L(+)-Lactic Acid Market Overview
1.1 Product Definition
1.2 L(+)-Lactic Acid Segment by Type
1.2.1 Global L(+)-Lactic Acid Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Food Grade
1.2.3 Industrial Grade
1.2.4 Pharmaceutical Grade
1.3 L(+)-Lactic Acid Segment by Application
1.3.1 Global L(+)-Lactic Acid Market Value Growth Rate Analysis by Application: 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 Global Market Growth Prospects
1.4.1 Global L(+)-Lactic Acid Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global L(+)-Lactic Acid Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global L(+)-Lactic Acid Production Estimates and Forecasts (2019-2030)
1.4.4 Global L(+)-Lactic Acid Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global L(+)-Lactic Acid Production Market Share by Manufacturers (2019-2024)
2.2 Global L(+)-Lactic Acid Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of L(+)-Lactic Acid, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global L(+)-Lactic Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global L(+)-Lactic Acid Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of L(+)-Lactic Acid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of L(+)-Lactic Acid, Product Offered and Application
2.8 Global Key Manufacturers of L(+)-Lactic Acid, Date of Enter into This Industry
2.9 L(+)-Lactic Acid Market Competitive Situation and Trends
2.9.1 L(+)-Lactic Acid Market Concentration Rate
2.9.2 Global 5 and 10 Largest L(+)-Lactic Acid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 L(+)-Lactic Acid Production by Region
3.1 Global L(+)-Lactic Acid Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global L(+)-Lactic Acid Production Value by Region (2019-2030)
3.2.1 Global L(+)-Lactic Acid Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of L(+)-Lactic Acid by Region (2025-2030)
3.3 Global L(+)-Lactic Acid Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global L(+)-Lactic Acid Production by Region (2019-2030)
3.4.1 Global L(+)-Lactic Acid Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of L(+)-Lactic Acid by Region (2025-2030)
3.5 Global L(+)-Lactic Acid Market Price Analysis by Region (2019-2024)
3.6 Global L(+)-Lactic Acid Production and Value, Year-over-Year Growth
3.6.1 North America L(+)-Lactic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe L(+)-Lactic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.3 China L(+)-Lactic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan L(+)-Lactic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.5 India L(+)-Lactic Acid Production Value Estimates and Forecasts (2019-2030)
4 L(+)-Lactic Acid Consumption by Region
4.1 Global L(+)-Lactic Acid Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global L(+)-Lactic Acid Consumption by Region (2019-2030)
4.2.1 Global L(+)-Lactic Acid Consumption by Region (2019-2024)
4.2.2 Global L(+)-Lactic Acid Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America L(+)-Lactic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America L(+)-Lactic Acid Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe L(+)-Lactic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe L(+)-Lactic Acid Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific L(+)-Lactic Acid Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific L(+)-Lactic Acid Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa L(+)-Lactic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa L(+)-Lactic Acid Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global L(+)-Lactic Acid Production by Type (2019-2030)
5.1.1 Global L(+)-Lactic Acid Production by Type (2019-2024)
5.1.2 Global L(+)-Lactic Acid Production by Type (2025-2030)
5.1.3 Global L(+)-Lactic Acid Production Market Share by Type (2019-2030)
5.2 Global L(+)-Lactic Acid Production Value by Type (2019-2030)
5.2.1 Global L(+)-Lactic Acid Production Value by Type (2019-2024)
5.2.2 Global L(+)-Lactic Acid Production Value by Type (2025-2030)
5.2.3 Global L(+)-Lactic Acid Production Value Market Share by Type (2019-2030)
5.3 Global L(+)-Lactic Acid Price by Type (2019-2030)
6 Segment by Application
6.1 Global L(+)-Lactic Acid Production by Application (2019-2030)
6.1.1 Global L(+)-Lactic Acid Production by Application (2019-2024)
6.1.2 Global L(+)-Lactic Acid Production by Application (2025-2030)
6.1.3 Global L(+)-Lactic Acid Production Market Share by Application (2019-2030)
6.2 Global L(+)-Lactic Acid Production Value by Application (2019-2030)
6.2.1 Global L(+)-Lactic Acid Production Value by Application (2019-2024)
6.2.2 Global L(+)-Lactic Acid Production Value by Application (2025-2030)
6.2.3 Global L(+)-Lactic Acid Production Value Market Share by Application (2019-2030)
6.3 Global L(+)-Lactic Acid Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Corbion
7.1.1 Corbion L(+)-Lactic Acid Corporation Information
7.1.2 Corbion L(+)-Lactic Acid Product Portfolio
7.1.3 Corbion L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Corbion Main Business and Markets Served
7.1.5 Corbion Recent Developments/Updates
7.2 Naturework
7.2.1 Naturework L(+)-Lactic Acid Corporation Information
7.2.2 Naturework L(+)-Lactic Acid Product Portfolio
7.2.3 Naturework L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Naturework Main Business and Markets Served
7.2.5 Naturework Recent Developments/Updates
7.3 Galactic
7.3.1 Galactic L(+)-Lactic Acid Corporation Information
7.3.2 Galactic L(+)-Lactic Acid Product Portfolio
7.3.3 Galactic L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Galactic Main Business and Markets Served
7.3.5 Galactic Recent Developments/Updates
7.4 Henan Jindan Lactic Acid Technology
7.4.1 Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Corporation Information
7.4.2 Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Product Portfolio
7.4.3 Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Henan Jindan Lactic Acid Technology Main Business and Markets Served
7.4.5 Henan Jindan Lactic Acid Technology Recent Developments/Updates
7.5 COFCO Biochemical (AnHui)
7.5.1 COFCO Biochemical (AnHui) L(+)-Lactic Acid Corporation Information
7.5.2 COFCO Biochemical (AnHui) L(+)-Lactic Acid Product Portfolio
7.5.3 COFCO Biochemical (AnHui) L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.5.4 COFCO Biochemical (AnHui) Main Business and Markets Served
7.5.5 COFCO Biochemical (AnHui) Recent Developments/Updates
7.6 Musashino Chemical
7.6.1 Musashino Chemical L(+)-Lactic Acid Corporation Information
7.6.2 Musashino Chemical L(+)-Lactic Acid Product Portfolio
7.6.3 Musashino Chemical L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Musashino Chemical Main Business and Markets Served
7.6.5 Musashino Chemical Recent Developments/Updates
7.7 ADM
7.7.1 ADM L(+)-Lactic Acid Corporation Information
7.7.2 ADM L(+)-Lactic Acid Product Portfolio
7.7.3 ADM L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.7.4 ADM Main Business and Markets Served
7.7.5 ADM Recent Developments/Updates
7.8 Yancheng Haijianuo
7.8.1 Yancheng Haijianuo L(+)-Lactic Acid Corporation Information
7.8.2 Yancheng Haijianuo L(+)-Lactic Acid Product Portfolio
7.8.3 Yancheng Haijianuo L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Yancheng Haijianuo Main Business and Markets Served
7.7.5 Yancheng Haijianuo Recent Developments/Updates
7.9 Wuhan Sanjiang Space Good Biotech
7.9.1 Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Corporation Information
7.9.2 Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Product Portfolio
7.9.3 Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Wuhan Sanjiang Space Good Biotech Main Business and Markets Served
7.9.5 Wuhan Sanjiang Space Good Biotech Recent Developments/Updates
7.10 Shanxi Biochemical
7.10.1 Shanxi Biochemical L(+)-Lactic Acid Corporation Information
7.10.2 Shanxi Biochemical L(+)-Lactic Acid Product Portfolio
7.10.3 Shanxi Biochemical L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Shanxi Biochemical Main Business and Markets Served
7.10.5 Shanxi Biochemical Recent Developments/Updates
7.11 Jungbunzlauer
7.11.1 Jungbunzlauer L(+)-Lactic Acid Corporation Information
7.11.2 Jungbunzlauer L(+)-Lactic Acid Product Portfolio
7.11.3 Jungbunzlauer L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Jungbunzlauer Main Business and Markets Served
7.11.5 Jungbunzlauer Recent Developments/Updates
7.12 Zhengzhou Tianrun
7.12.1 Zhengzhou Tianrun L(+)-Lactic Acid Corporation Information
7.12.2 Zhengzhou Tianrun L(+)-Lactic Acid Product Portfolio
7.12.3 Zhengzhou Tianrun L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Zhengzhou Tianrun Main Business and Markets Served
7.12.5 Zhengzhou Tianrun Recent Developments/Updates
7.13 Shangdong Fullsail
7.13.1 Shangdong Fullsail L(+)-Lactic Acid Corporation Information
7.13.2 Shangdong Fullsail L(+)-Lactic Acid Product Portfolio
7.13.3 Shangdong Fullsail L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Shangdong Fullsail Main Business and Markets Served
7.13.5 Shangdong Fullsail Recent Developments/Updates
7.14 Tripura Bio Tech Limited
7.14.1 Tripura Bio Tech Limited L(+)-Lactic Acid Corporation Information
7.14.2 Tripura Bio Tech Limited L(+)-Lactic Acid Product Portfolio
7.14.3 Tripura Bio Tech Limited L(+)-Lactic Acid Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Tripura Bio Tech Limited Main Business and Markets Served
7.14.5 Tripura Bio Tech Limited Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 L(+)-Lactic Acid Industry Chain Analysis
8.2 L(+)-Lactic Acid Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 L(+)-Lactic Acid Production Mode & Process
8.4 L(+)-Lactic Acid Sales and Marketing
8.4.1 L(+)-Lactic Acid Sales Channels
8.4.2 L(+)-Lactic Acid Distributors
8.5 L(+)-Lactic Acid Customers
9 L(+)-Lactic Acid Market Dynamics
9.1 L(+)-Lactic Acid Industry Trends
9.2 L(+)-Lactic Acid Market Drivers
9.3 L(+)-Lactic Acid Market Challenges
9.4 L(+)-Lactic Acid Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of Tables
    Table 1. Global L(+)-Lactic Acid Market Value by Type, (US$ Million) & (2023 VS 2030)
    Table 2. Global L(+)-Lactic Acid Market Value by Application, (US$ Million) & (2023 VS 2030)
    Table 3. Global L(+)-Lactic Acid Production Capacity (MT) by Manufacturers in 2023
    Table 4. Global L(+)-Lactic Acid Production by Manufacturers (2019-2024) & (MT)
    Table 5. Global L(+)-Lactic Acid Production Market Share by Manufacturers (2019-2024)
    Table 6. Global L(+)-Lactic Acid Production Value by Manufacturers (2019-2024) & (US$ Million)
    Table 7. Global L(+)-Lactic Acid Production Value Share by Manufacturers (2019-2024)
    Table 8. Global L(+)-Lactic Acid Industry Ranking 2022 VS 2023 VS 2024
    Table 9. Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in L(+)-Lactic Acid as of 2023)
    Table 10. Global Market L(+)-Lactic Acid Average Price by Manufacturers (USD/MT) & (2019-2024)
    Table 11. Manufacturers L(+)-Lactic Acid Production Sites and Area Served
    Table 12. Manufacturers L(+)-Lactic Acid Product Types
    Table 13. Global L(+)-Lactic Acid Manufacturers Market Concentration Ratio (CR5 and HHI)
    Table 14. Mergers & Acquisitions, Expansion
    Table 15. Global L(+)-Lactic Acid Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
    Table 16. Global L(+)-Lactic Acid Production Value (US$ Million) by Region (2019-2024)
    Table 17. Global L(+)-Lactic Acid Production Value Market Share by Region (2019-2024)
    Table 18. Global L(+)-Lactic Acid Production Value (US$ Million) Forecast by Region (2025-2030)
    Table 19. Global L(+)-Lactic Acid Production Value Market Share Forecast by Region (2025-2030)
    Table 20. Global L(+)-Lactic Acid Production Comparison by Region: 2019 VS 2023 VS 2030 (MT)
    Table 21. Global L(+)-Lactic Acid Production (MT) by Region (2019-2024)
    Table 22. Global L(+)-Lactic Acid Production Market Share by Region (2019-2024)
    Table 23. Global L(+)-Lactic Acid Production (MT) Forecast by Region (2025-2030)
    Table 24. Global L(+)-Lactic Acid Production Market Share Forecast by Region (2025-2030)
    Table 25. Global L(+)-Lactic Acid Market Average Price (USD/MT) by Region (2019-2024)
    Table 26. Global L(+)-Lactic Acid Market Average Price (USD/MT) by Region (2025-2030)
    Table 27. Global L(+)-Lactic Acid Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (MT)
    Table 28. Global L(+)-Lactic Acid Consumption by Region (2019-2024) & (MT)
    Table 29. Global L(+)-Lactic Acid Consumption Market Share by Region (2019-2024)
    Table 30. Global L(+)-Lactic Acid Forecasted Consumption by Region (2025-2030) & (MT)
    Table 31. Global L(+)-Lactic Acid Forecasted Consumption Market Share by Region (2019-2024)
    Table 32. North America L(+)-Lactic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (MT)
    Table 33. North America L(+)-Lactic Acid Consumption by Country (2019-2024) & (MT)
    Table 34. North America L(+)-Lactic Acid Consumption by Country (2025-2030) & (MT)
    Table 35. Europe L(+)-Lactic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (MT)
    Table 36. Europe L(+)-Lactic Acid Consumption by Country (2019-2024) & (MT)
    Table 37. Europe L(+)-Lactic Acid Consumption by Country (2025-2030) & (MT)
    Table 38. Asia Pacific L(+)-Lactic Acid Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (MT)
    Table 39. Asia Pacific L(+)-Lactic Acid Consumption by Region (2019-2024) & (MT)
    Table 40. Asia Pacific L(+)-Lactic Acid Consumption by Region (2025-2030) & (MT)
    Table 41. Latin America, Middle East & Africa L(+)-Lactic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (MT)
    Table 42. Latin America, Middle East & Africa L(+)-Lactic Acid Consumption by Country (2019-2024) & (MT)
    Table 43. Latin America, Middle East & Africa L(+)-Lactic Acid Consumption by Country (2025-2030) & (MT)
    Table 44. Global L(+)-Lactic Acid Production (MT) by Type (2019-2024)
    Table 45. Global L(+)-Lactic Acid Production (MT) by Type (2025-2030)
    Table 46. Global L(+)-Lactic Acid Production Market Share by Type (2019-2024)
    Table 47. Global L(+)-Lactic Acid Production Market Share by Type (2025-2030)
    Table 48. Global L(+)-Lactic Acid Production Value (US$ Million) by Type (2019-2024)
    Table 49. Global L(+)-Lactic Acid Production Value (US$ Million) by Type (2025-2030)
    Table 50. Global L(+)-Lactic Acid Production Value Share by Type (2019-2024)
    Table 51. Global L(+)-Lactic Acid Production Value Share by Type (2025-2030)
    Table 52. Global L(+)-Lactic Acid Price (USD/MT) by Type (2019-2024)
    Table 53. Global L(+)-Lactic Acid Price (USD/MT) by Type (2025-2030)
    Table 54. Global L(+)-Lactic Acid Production (MT) by Application (2019-2024)
    Table 55. Global L(+)-Lactic Acid Production (MT) by Application (2025-2030)
    Table 56. Global L(+)-Lactic Acid Production Market Share by Application (2019-2024)
    Table 57. Global L(+)-Lactic Acid Production Market Share by Application (2025-2030)
    Table 58. Global L(+)-Lactic Acid Production Value (US$ Million) by Application (2019-2024)
    Table 59. Global L(+)-Lactic Acid Production Value (US$ Million) by Application (2025-2030)
    Table 60. Global L(+)-Lactic Acid Production Value Share by Application (2019-2024)
    Table 61. Global L(+)-Lactic Acid Production Value Share by Application (2025-2030)
    Table 62. Global L(+)-Lactic Acid Price (USD/MT) by Application (2019-2024)
    Table 63. Global L(+)-Lactic Acid Price (USD/MT) by Application (2025-2030)
    Table 64. Corbion L(+)-Lactic Acid Corporation Information
    Table 65. Corbion Specification and Application
    Table 66. Corbion L(+)-Lactic Acid Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 67. Corbion Main Business and Markets Served
    Table 68. Corbion Recent Developments/Updates
    Table 69. Naturework L(+)-Lactic Acid Corporation Information
    Table 70. Naturework Specification and Application
    Table 71. Naturework L(+)-Lactic Acid Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 72. Naturework Main Business and Markets Served
    Table 73. Naturework Recent Developments/Updates
    Table 74. Galactic L(+)-Lactic Acid Corporation Information
    Table 75. Galactic Specification and Application
    Table 76. Galactic L(+)-Lactic Acid Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 77. Galactic Main Business and Markets Served
    Table 78. Galactic Recent Developments/Updates
    Table 79. Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Corporation Information
    Table 80. Henan Jindan Lactic Acid Technology Specification and Application
    Table 81. Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 82. Henan Jindan Lactic Acid Technology Main Business and Markets Served
    Table 83. Henan Jindan Lactic Acid Technology Recent Developments/Updates
    Table 84. COFCO Biochemical (AnHui) L(+)-Lactic Acid Corporation Information
    Table 85. COFCO Biochemical (AnHui) Specification and Application
    Table 86. COFCO Biochemical (AnHui) L(+)-Lactic Acid Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 87. COFCO Biochemical (AnHui) Main Business and Markets Served
    Table 88. COFCO Biochemical (AnHui) Recent Developments/Updates
    Table 89. Musashino Chemical L(+)-Lactic Acid Corporation Information
    Table 90. Musashino Chemical Specification and Application
    Table 91. Musashino Chemical L(+)-Lactic Acid Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 92. Musashino Chemical Main Business and Markets Served
    Table 93. Musashino Chemical Recent Developments/Updates
    Table 94. ADM L(+)-Lactic Acid Corporation Information
    Table 95. ADM Specification and Application
    Table 96. ADM L(+)-Lactic Acid Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 97. ADM Main Business and Markets Served
    Table 98. ADM Recent Developments/Updates
    Table 99. Yancheng Haijianuo L(+)-Lactic Acid Corporation Information
    Table 100. Yancheng Haijianuo Specification and Application
    Table 101. Yancheng Haijianuo L(+)-Lactic Acid Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 102. Yancheng Haijianuo Main Business and Markets Served
    Table 103. Yancheng Haijianuo Recent Developments/Updates
    Table 104. Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Corporation Information
    Table 105. Wuhan Sanjiang Space Good Biotech Specification and Application
    Table 106. Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 107. Wuhan Sanjiang Space Good Biotech Main Business and Markets Served
    Table 108. Wuhan Sanjiang Space Good Biotech Recent Developments/Updates
    Table 109. Shanxi Biochemical L(+)-Lactic Acid Corporation Information
    Table 110. Shanxi Biochemical Specification and Application
    Table 111. Shanxi Biochemical L(+)-Lactic Acid Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 112. Shanxi Biochemical Main Business and Markets Served
    Table 113. Shanxi Biochemical Recent Developments/Updates
    Table 114. Jungbunzlauer L(+)-Lactic Acid Corporation Information
    Table 115. Jungbunzlauer Specification and Application
    Table 116. Jungbunzlauer L(+)-Lactic Acid Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 117. Jungbunzlauer Main Business and Markets Served
    Table 118. Jungbunzlauer Recent Developments/Updates
    Table 119. Zhengzhou Tianrun L(+)-Lactic Acid Corporation Information
    Table 120. Zhengzhou Tianrun Specification and Application
    Table 121. Zhengzhou Tianrun L(+)-Lactic Acid Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 122. Zhengzhou Tianrun Main Business and Markets Served
    Table 123. Zhengzhou Tianrun Recent Developments/Updates
    Table 124. Shangdong Fullsail L(+)-Lactic Acid Corporation Information
    Table 125. Shangdong Fullsail Specification and Application
    Table 126. Shangdong Fullsail L(+)-Lactic Acid Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 127. Shangdong Fullsail Main Business and Markets Served
    Table 128. Shangdong Fullsail Recent Developments/Updates
    Table 129. Tripura Bio Tech Limited L(+)-Lactic Acid Corporation Information
    Table 130. Tripura Bio Tech Limited Specification and Application
    Table 131. Tripura Bio Tech Limited L(+)-Lactic Acid Production (MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 132. Tripura Bio Tech Limited Main Business and Markets Served
    Table 133. Tripura Bio Tech Limited Recent Developments/Updates
    Table 134. Key Raw Materials Lists
    Table 135. Raw Materials Key Suppliers Lists
    Table 136. L(+)-Lactic Acid Distributors List
    Table 137. L(+)-Lactic Acid Customers List
    Table 138. L(+)-Lactic Acid Market Trends
    Table 139. L(+)-Lactic Acid Market Drivers
    Table 140. L(+)-Lactic Acid Market Challenges
    Table 141. L(+)-Lactic Acid Market Restraints
    Table 142. Research Programs/Design for This Report
    Table 143. Key Data Information from Secondary Sources
    Table 144. Key Data Information from Primary Sources
List of Figures
    Figure 1. Product Picture of L(+)-Lactic Acid
    Figure 2. Global L(+)-Lactic Acid Market Value by Type, (US$ Million) & (2023 VS 2030)
    Figure 3. Global L(+)-Lactic Acid Market Share by Type: 2023 VS 2030
    Figure 4. Food Grade Product Picture
    Figure 5. Industrial Grade Product Picture
    Figure 6. Pharmaceutical Grade Product Picture
    Figure 7. Global L(+)-Lactic Acid Market Value by Application, (US$ Million) & (2023 VS 2030)
    Figure 8. Global L(+)-Lactic Acid Market Share by Application: 2023 VS 2030
    Figure 9. Pharmaceutical
    Figure 10. Home and Personal Care
    Figure 11. Industrial Applications
    Figure 12. Food and Beverage
    Figure 13. Others
    Figure 14. Global L(+)-Lactic Acid Production Value (US$ Million), 2019 VS 2023 VS 2030
    Figure 15. Global L(+)-Lactic Acid Production Value (US$ Million) & (2019-2030)
    Figure 16. Global L(+)-Lactic Acid Production Capacity (MT) & (2019-2030)
    Figure 17. Global L(+)-Lactic Acid Production (MT) & (2019-2030)
    Figure 18. Global L(+)-Lactic Acid Average Price (USD/MT) & (2019-2030)
    Figure 19. L(+)-Lactic Acid Report Years Considered
    Figure 20. L(+)-Lactic Acid Production Share by Manufacturers in 2023
    Figure 21. L(+)-Lactic Acid Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
    Figure 22. The Global 5 and 10 Largest Players: Market Share by L(+)-Lactic Acid Revenue in 2023
    Figure 23. Global L(+)-Lactic Acid Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
    Figure 24. Global L(+)-Lactic Acid Production Value Market Share by Region: 2019 VS 2023 VS 2030
    Figure 25. Global L(+)-Lactic Acid Production Comparison by Region: 2019 VS 2023 VS 2030 (MT)
    Figure 26. Global L(+)-Lactic Acid Production Market Share by Region: 2019 VS 2023 VS 2030
    Figure 27. North America L(+)-Lactic Acid Production Value (US$ Million) Growth Rate (2019-2030)
    Figure 28. Europe L(+)-Lactic Acid Production Value (US$ Million) Growth Rate (2019-2030)
    Figure 29. China L(+)-Lactic Acid Production Value (US$ Million) Growth Rate (2019-2030)
    Figure 30. Japan L(+)-Lactic Acid Production Value (US$ Million) Growth Rate (2019-2030)
    Figure 31. India L(+)-Lactic Acid Production Value (US$ Million) Growth Rate (2019-2030)
    Figure 32. Global L(+)-Lactic Acid Consumption by Region: 2019 VS 2023 VS 2030 (MT)
    Figure 33. Global L(+)-Lactic Acid Consumption Market Share by Region: 2019 VS 2023 VS 2030
    Figure 34. North America L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 35. North America L(+)-Lactic Acid Consumption Market Share by Country (2019-2030)
    Figure 36. Canada L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 37. U.S. L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 38. Europe L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 39. Europe L(+)-Lactic Acid Consumption Market Share by Country (2019-2030)
    Figure 40. Germany L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 41. France L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 42. U.K. L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 43. Italy L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 44. Russia L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 45. Asia Pacific L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 46. Asia Pacific L(+)-Lactic Acid Consumption Market Share by Regions (2019-2030)
    Figure 47. China L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 48. Japan L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 49. South Korea L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 50. China Taiwan L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 51. Southeast Asia L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 52. India L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 53. Latin America, Middle East & Africa L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 54. Latin America, Middle East & Africa L(+)-Lactic Acid Consumption Market Share by Country (2019-2030)
    Figure 55. Mexico L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 56. Brazil L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 57. Turkey L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 58. GCC Countries L(+)-Lactic Acid Consumption and Growth Rate (2019-2024) & (MT)
    Figure 59. Global Production Market Share of L(+)-Lactic Acid by Type (2019-2030)
    Figure 60. Global Production Value Market Share of L(+)-Lactic Acid by Type (2019-2030)
    Figure 61. Global L(+)-Lactic Acid Price (USD/MT) by Type (2019-2030)
    Figure 62. Global Production Market Share of L(+)-Lactic Acid by Application (2019-2030)
    Figure 63. Global Production Value Market Share of L(+)-Lactic Acid by Application (2019-2030)
    Figure 64. Global L(+)-Lactic Acid Price (USD/MT) by Application (2019-2030)
    Figure 65. L(+)-Lactic Acid Value Chain
    Figure 66. L(+)-Lactic Acid Production Process
    Figure 67. Channels of Distribution (Direct Vs Distribution)
    Figure 68. Distributors Profiles
    Figure 69. Bottom-up and Top-down Approaches for This Report
    Figure 70. Data Triangulation
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