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L(+)-Lactic Acid - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Published Date: March 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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L(+)-Lactic Acid - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Code: QYRE-Auto-2K6713
Report
March 2024
Pages:130
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

L(+)-Lactic Acid - Market Size

The global market for L(+)-Lactic Acid was estimated to be worth US$ 652 million in 2023 and is forecast to a readjusted size of US$ 750.2 million by 2030 with 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.

Report Scope

This report aims to provide a comprehensive presentation of the global market for L(+)-Lactic Acid, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of L(+)-Lactic Acid by region & country, by Type, and by Application.
The L(+)-Lactic Acid market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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.
Market Segmentation

Scope of L(+)-Lactic Acid - Market Report

Report Metric Details
Report Name L(+)-Lactic Acid - Market
Forecasted market size in 2030 US$ 750.2 million
CAGR 2.0%
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, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of L(+)-Lactic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: 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 4: 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 5: Sales, revenue of L(+)-Lactic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
  • Chapter 6: Sales, revenue of L(+)-Lactic Acid in country level. It provides sigmate data by Type, and by Application for each country/region.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Conclusion.

FAQ for this report

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 Market Overview
1.1 L(+)-Lactic Acid Product Introduction
1.2 Global L(+)-Lactic Acid Market Size Forecast
1.2.1 Global L(+)-Lactic Acid Sales Value (2019-2030)
1.2.2 Global L(+)-Lactic Acid Sales Volume (2019-2030)
1.2.3 Global L(+)-Lactic Acid Sales Price (2019-2030)
1.3 L(+)-Lactic Acid Market Trends & Drivers
1.3.1 L(+)-Lactic Acid Industry Trends
1.3.2 L(+)-Lactic Acid Market Drivers & Opportunity
1.3.3 L(+)-Lactic Acid Market Challenges
1.3.4 L(+)-Lactic Acid Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global L(+)-Lactic Acid Players Revenue Ranking (2023)
2.2 Global L(+)-Lactic Acid Revenue by Company (2019-2024)
2.3 Global L(+)-Lactic Acid Players Sales Volume Ranking (2023)
2.4 Global L(+)-Lactic Acid Sales Volume by Company Players (2019-2024)
2.5 Global L(+)-Lactic Acid Average Price by Company (2019-2024)
2.6 Key Manufacturers L(+)-Lactic Acid Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers L(+)-Lactic Acid Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of L(+)-Lactic Acid
2.9 L(+)-Lactic Acid Market Competitive Analysis
2.9.1 L(+)-Lactic Acid Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by L(+)-Lactic Acid Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in L(+)-Lactic Acid as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Food Grade
3.1.2 Industrial Grade
3.1.3 Pharmaceutical Grade
3.2 Global L(+)-Lactic Acid Sales Value by Type
3.2.1 Global L(+)-Lactic Acid Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global L(+)-Lactic Acid Sales Value, by Type (2019-2030)
3.2.3 Global L(+)-Lactic Acid Sales Value, by Type (%) (2019-2030)
3.3 Global L(+)-Lactic Acid Sales Volume by Type
3.3.1 Global L(+)-Lactic Acid Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global L(+)-Lactic Acid Sales Volume, by Type (2019-2030)
3.3.3 Global L(+)-Lactic Acid Sales Volume, by Type (%) (2019-2030)
3.4 Global L(+)-Lactic Acid Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Pharmaceutical
4.1.2 Home and Personal Care
4.1.3 Industrial Applications
4.1.4 Food and Beverage
4.1.5 Others
4.2 Global L(+)-Lactic Acid Sales Value by Application
4.2.1 Global L(+)-Lactic Acid Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global L(+)-Lactic Acid Sales Value, by Application (2019-2030)
4.2.3 Global L(+)-Lactic Acid Sales Value, by Application (%) (2019-2030)
4.3 Global L(+)-Lactic Acid Sales Volume by Application
4.3.1 Global L(+)-Lactic Acid Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global L(+)-Lactic Acid Sales Volume, by Application (2019-2030)
4.3.3 Global L(+)-Lactic Acid Sales Volume, by Application (%) (2019-2030)
4.4 Global L(+)-Lactic Acid Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global L(+)-Lactic Acid Sales Value by Region
5.1.1 Global L(+)-Lactic Acid Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global L(+)-Lactic Acid Sales Value by Region (2019-2024)
5.1.3 Global L(+)-Lactic Acid Sales Value by Region (2025-2030)
5.1.4 Global L(+)-Lactic Acid Sales Value by Region (%), (2019-2030)
5.2 Global L(+)-Lactic Acid Sales Volume by Region
5.2.1 Global L(+)-Lactic Acid Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global L(+)-Lactic Acid Sales Volume by Region (2019-2024)
5.2.3 Global L(+)-Lactic Acid Sales Volume by Region (2025-2030)
5.2.4 Global L(+)-Lactic Acid Sales Volume by Region (%), (2019-2030)
5.3 Global L(+)-Lactic Acid Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America L(+)-Lactic Acid Sales Value, 2019-2030
5.4.2 North America L(+)-Lactic Acid Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe L(+)-Lactic Acid Sales Value, 2019-2030
5.5.2 Europe L(+)-Lactic Acid Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific L(+)-Lactic Acid Sales Value, 2019-2030
5.6.2 Asia Pacific L(+)-Lactic Acid Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America L(+)-Lactic Acid Sales Value, 2019-2030
5.7.2 South America L(+)-Lactic Acid Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa L(+)-Lactic Acid Sales Value, 2019-2030
5.8.2 Middle East & Africa L(+)-Lactic Acid Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions L(+)-Lactic Acid Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions L(+)-Lactic Acid Sales Value
6.2.1 Key Countries/Regions L(+)-Lactic Acid Sales Value, 2019-2030
6.2.2 Key Countries/Regions L(+)-Lactic Acid Sales Volume, 2019-2030
6.3 United States
6.3.1 United States L(+)-Lactic Acid Sales Value, 2019-2030
6.3.2 United States L(+)-Lactic Acid Sales Value by Type (%), 2023 VS 2030
6.3.3 United States L(+)-Lactic Acid Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe L(+)-Lactic Acid Sales Value, 2019-2030
6.4.2 Europe L(+)-Lactic Acid Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe L(+)-Lactic Acid Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China L(+)-Lactic Acid Sales Value, 2019-2030
6.5.2 China L(+)-Lactic Acid Sales Value by Type (%), 2023 VS 2030
6.5.3 China L(+)-Lactic Acid Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan L(+)-Lactic Acid Sales Value, 2019-2030
6.6.2 Japan L(+)-Lactic Acid Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan L(+)-Lactic Acid Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea L(+)-Lactic Acid Sales Value, 2019-2030
6.7.2 South Korea L(+)-Lactic Acid Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea L(+)-Lactic Acid Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia L(+)-Lactic Acid Sales Value, 2019-2030
6.8.2 Southeast Asia L(+)-Lactic Acid Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia L(+)-Lactic Acid Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India L(+)-Lactic Acid Sales Value, 2019-2030
6.9.2 India L(+)-Lactic Acid Sales Value by Type (%), 2023 VS 2030
6.9.3 India L(+)-Lactic Acid Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Corbion
7.1.1 Corbion Company Information
7.1.2 Corbion Introduction and Business Overview
7.1.3 Corbion L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Corbion L(+)-Lactic Acid Product Offerings
7.1.5 Corbion Recent Development
7.2 Naturework
7.2.1 Naturework Company Information
7.2.2 Naturework Introduction and Business Overview
7.2.3 Naturework L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Naturework L(+)-Lactic Acid Product Offerings
7.2.5 Naturework Recent Development
7.3 Galactic
7.3.1 Galactic Company Information
7.3.2 Galactic Introduction and Business Overview
7.3.3 Galactic L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Galactic L(+)-Lactic Acid Product Offerings
7.3.5 Galactic Recent Development
7.4 Henan Jindan Lactic Acid Technology
7.4.1 Henan Jindan Lactic Acid Technology Company Information
7.4.2 Henan Jindan Lactic Acid Technology Introduction and Business Overview
7.4.3 Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Product Offerings
7.4.5 Henan Jindan Lactic Acid Technology Recent Development
7.5 COFCO Biochemical (AnHui)
7.5.1 COFCO Biochemical (AnHui) Company Information
7.5.2 COFCO Biochemical (AnHui) Introduction and Business Overview
7.5.3 COFCO Biochemical (AnHui) L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)
7.5.4 COFCO Biochemical (AnHui) L(+)-Lactic Acid Product Offerings
7.5.5 COFCO Biochemical (AnHui) Recent Development
7.6 Musashino Chemical
7.6.1 Musashino Chemical Company Information
7.6.2 Musashino Chemical Introduction and Business Overview
7.6.3 Musashino Chemical L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Musashino Chemical L(+)-Lactic Acid Product Offerings
7.6.5 Musashino Chemical Recent Development
7.7 ADM
7.7.1 ADM Company Information
7.7.2 ADM Introduction and Business Overview
7.7.3 ADM L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)
7.7.4 ADM L(+)-Lactic Acid Product Offerings
7.7.5 ADM Recent Development
7.8 Yancheng Haijianuo
7.8.1 Yancheng Haijianuo Company Information
7.8.2 Yancheng Haijianuo Introduction and Business Overview
7.8.3 Yancheng Haijianuo L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Yancheng Haijianuo L(+)-Lactic Acid Product Offerings
7.8.5 Yancheng Haijianuo Recent Development
7.9 Wuhan Sanjiang Space Good Biotech
7.9.1 Wuhan Sanjiang Space Good Biotech Company Information
7.9.2 Wuhan Sanjiang Space Good Biotech Introduction and Business Overview
7.9.3 Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Product Offerings
7.9.5 Wuhan Sanjiang Space Good Biotech Recent Development
7.10 Shanxi Biochemical
7.10.1 Shanxi Biochemical Company Information
7.10.2 Shanxi Biochemical Introduction and Business Overview
7.10.3 Shanxi Biochemical L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Shanxi Biochemical L(+)-Lactic Acid Product Offerings
7.10.5 Shanxi Biochemical Recent Development
7.11 Jungbunzlauer
7.11.1 Jungbunzlauer Company Information
7.11.2 Jungbunzlauer Introduction and Business Overview
7.11.3 Jungbunzlauer L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Jungbunzlauer L(+)-Lactic Acid Product Offerings
7.11.5 Jungbunzlauer Recent Development
7.12 Zhengzhou Tianrun
7.12.1 Zhengzhou Tianrun Company Information
7.12.2 Zhengzhou Tianrun Introduction and Business Overview
7.12.3 Zhengzhou Tianrun L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Zhengzhou Tianrun L(+)-Lactic Acid Product Offerings
7.12.5 Zhengzhou Tianrun Recent Development
7.13 Shangdong Fullsail
7.13.1 Shangdong Fullsail Company Information
7.13.2 Shangdong Fullsail Introduction and Business Overview
7.13.3 Shangdong Fullsail L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Shangdong Fullsail L(+)-Lactic Acid Product Offerings
7.13.5 Shangdong Fullsail Recent Development
7.14 Tripura Bio Tech Limited
7.14.1 Tripura Bio Tech Limited Company Information
7.14.2 Tripura Bio Tech Limited Introduction and Business Overview
7.14.3 Tripura Bio Tech Limited L(+)-Lactic Acid Sales, Revenue and Gross Margin (2019-2024)
7.14.4 Tripura Bio Tech Limited L(+)-Lactic Acid Product Offerings
7.14.5 Tripura Bio Tech Limited Recent Development
8 Industry Chain Analysis
8.1 L(+)-Lactic Acid Industrial Chain
8.2 L(+)-Lactic Acid Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 L(+)-Lactic Acid Sales Model
8.5.2 Sales Channel
8.5.3 L(+)-Lactic Acid Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
List of Tables
    Table 1. L(+)-Lactic Acid Market Trends
    Table 2. L(+)-Lactic Acid Market Drivers & Opportunity
    Table 3. L(+)-Lactic Acid Market Challenges
    Table 4. L(+)-Lactic Acid Market Restraints
    Table 5. Global L(+)-Lactic Acid Revenue by Company (2019-2024) & (US$ Million)
    Table 6. Global L(+)-Lactic Acid Revenue Market Share by Company (2019-2024)
    Table 7. Global L(+)-Lactic Acid Sales Volume by Company (2019-2024) & (MT)
    Table 8. Global L(+)-Lactic Acid Sales Volume Market Share by Company (2019-2024)
    Table 9. Global Market L(+)-Lactic Acid Price by Company (2019-2024) & (USD/MT)
    Table 10. Key Manufacturers L(+)-Lactic Acid Manufacturing Base Distribution and Headquarters
    Table 11. Key Manufacturers L(+)-Lactic Acid Product Type
    Table 12. Key Manufacturers Time to Begin Mass Production of L(+)-Lactic Acid
    Table 13. Global L(+)-Lactic Acid Manufacturers Market Concentration Ratio (CR5 and HHI)
    Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in L(+)-Lactic Acid as of 2023)
    Table 15. Mergers & Acquisitions, Expansion Plans
    Table 16. Global L(+)-Lactic Acid Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)
    Table 17. Global L(+)-Lactic Acid Sales Value by Type (2019-2024) & (US$ Million)
    Table 18. Global L(+)-Lactic Acid Sales Value by Type (2025-2030) & (US$ Million)
    Table 19. Global L(+)-Lactic Acid Sales Market Share in Value by Type (2019-2024) & (%)
    Table 20. Global L(+)-Lactic Acid Sales Market Share in Value by Type (2025-2030) & (%)
    Table 21. Global L(+)-Lactic Acid Sales Volume by Type: 2019 VS 2023 VS 2030 (MT)
    Table 22. Global L(+)-Lactic Acid Sales Volume by Type (2019-2024) & (MT)
    Table 23. Global L(+)-Lactic Acid Sales Volume by Type (2025-2030) & (MT)
    Table 24. Global L(+)-Lactic Acid Sales Market Share in Volume by Type (2019-2024) & (%)
    Table 25. Global L(+)-Lactic Acid Sales Market Share in Volume by Type (2025-2030) & (%)
    Table 26. Global L(+)-Lactic Acid Price by Type (2019-2024) & (USD/MT)
    Table 27. Global L(+)-Lactic Acid Price by Type (2025-2030) & (USD/MT)
    Table 28. Global L(+)-Lactic Acid Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)
    Table 29. Global L(+)-Lactic Acid Sales Value by Application (2019-2024) & (US$ Million)
    Table 30. Global L(+)-Lactic Acid Sales Value by Application (2025-2030) & (US$ Million)
    Table 31. Global L(+)-Lactic Acid Sales Market Share in Value by Application (2019-2024) & (%)
    Table 32. Global L(+)-Lactic Acid Sales Market Share in Value by Application (2025-2030) & (%)
    Table 33. Global L(+)-Lactic Acid Sales Volume by Application: 2019 VS 2023 VS 2030 (MT)
    Table 34. Global L(+)-Lactic Acid Sales Volume by Application (2019-2024) & (MT)
    Table 35. Global L(+)-Lactic Acid Sales Volume by Application (2025-2030) & (MT)
    Table 36. Global L(+)-Lactic Acid Sales Market Share in Volume by Application (2019-2024) & (%)
    Table 37. Global L(+)-Lactic Acid Sales Market Share in Volume by Application (2025-2030) & (%)
    Table 38. Global L(+)-Lactic Acid Price by Application (2019-2024) & (USD/MT)
    Table 39. Global L(+)-Lactic Acid Price by Application (2025-2030) & (USD/MT)
    Table 40. Global L(+)-Lactic Acid Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
    Table 41. Global L(+)-Lactic Acid Sales Value by Region (2019-2024) & (US$ Million)
    Table 42. Global L(+)-Lactic Acid Sales Value by Region (2025-2030) & (US$ Million)
    Table 43. Global L(+)-Lactic Acid Sales Value by Region (2019-2024) & (%)
    Table 44. Global L(+)-Lactic Acid Sales Value by Region (2025-2030) & (%)
    Table 45. Global L(+)-Lactic Acid Sales Volume by Region (MT): 2019 VS 2023 VS 2030
    Table 46. Global L(+)-Lactic Acid Sales Volume by Region (2019-2024) & (MT)
    Table 47. Global L(+)-Lactic Acid Sales Volume by Region (2025-2030) & (MT)
    Table 48. Global L(+)-Lactic Acid Sales Volume by Region (2019-2024) & (%)
    Table 49. Global L(+)-Lactic Acid Sales Volume by Region (2025-2030) & (%)
    Table 50. Global L(+)-Lactic Acid Average Price by Region (2019-2024) & (USD/MT)
    Table 51. Global L(+)-Lactic Acid Average Price by Region (2025-2030) & (USD/MT)
    Table 52. Key Countries/Regions L(+)-Lactic Acid Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030
    Table 53. Key Countries/Regions L(+)-Lactic Acid Sales Value, (2019-2024) & (US$ Million)
    Table 54. Key Countries/Regions L(+)-Lactic Acid Sales Value, (2025-2030) & (US$ Million)
    Table 55. Key Countries/Regions L(+)-Lactic Acid Sales Volume, (2019-2024) & (MT)
    Table 56. Key Countries/Regions L(+)-Lactic Acid Sales Volume, (2025-2030) & (MT)
    Table 57. Corbion Company Information
    Table 58. Corbion Introduction and Business Overview
    Table 59. Corbion L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 60. Corbion L(+)-Lactic Acid Product Offerings
    Table 61. Corbion Recent Development
    Table 62. Naturework Company Information
    Table 63. Naturework Introduction and Business Overview
    Table 64. Naturework L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 65. Naturework L(+)-Lactic Acid Product Offerings
    Table 66. Naturework Recent Development
    Table 67. Galactic Company Information
    Table 68. Galactic Introduction and Business Overview
    Table 69. Galactic L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 70. Galactic L(+)-Lactic Acid Product Offerings
    Table 71. Galactic Recent Development
    Table 72. Henan Jindan Lactic Acid Technology Company Information
    Table 73. Henan Jindan Lactic Acid Technology Introduction and Business Overview
    Table 74. Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 75. Henan Jindan Lactic Acid Technology L(+)-Lactic Acid Product Offerings
    Table 76. Henan Jindan Lactic Acid Technology Recent Development
    Table 77. COFCO Biochemical (AnHui) Company Information
    Table 78. COFCO Biochemical (AnHui) Introduction and Business Overview
    Table 79. COFCO Biochemical (AnHui) L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 80. COFCO Biochemical (AnHui) L(+)-Lactic Acid Product Offerings
    Table 81. COFCO Biochemical (AnHui) Recent Development
    Table 82. Musashino Chemical Company Information
    Table 83. Musashino Chemical Introduction and Business Overview
    Table 84. Musashino Chemical L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 85. Musashino Chemical L(+)-Lactic Acid Product Offerings
    Table 86. Musashino Chemical Recent Development
    Table 87. ADM Company Information
    Table 88. ADM Introduction and Business Overview
    Table 89. ADM L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 90. ADM L(+)-Lactic Acid Product Offerings
    Table 91. ADM Recent Development
    Table 92. Yancheng Haijianuo Company Information
    Table 93. Yancheng Haijianuo Introduction and Business Overview
    Table 94. Yancheng Haijianuo L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 95. Yancheng Haijianuo L(+)-Lactic Acid Product Offerings
    Table 96. Yancheng Haijianuo Recent Development
    Table 97. Wuhan Sanjiang Space Good Biotech Company Information
    Table 98. Wuhan Sanjiang Space Good Biotech Introduction and Business Overview
    Table 99. Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 100. Wuhan Sanjiang Space Good Biotech L(+)-Lactic Acid Product Offerings
    Table 101. Wuhan Sanjiang Space Good Biotech Recent Development
    Table 102. Shanxi Biochemical Company Information
    Table 103. Shanxi Biochemical Introduction and Business Overview
    Table 104. Shanxi Biochemical L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 105. Shanxi Biochemical L(+)-Lactic Acid Product Offerings
    Table 106. Shanxi Biochemical Recent Development
    Table 107. Jungbunzlauer Company Information
    Table 108. Jungbunzlauer Introduction and Business Overview
    Table 109. Jungbunzlauer L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 110. Jungbunzlauer L(+)-Lactic Acid Product Offerings
    Table 111. Jungbunzlauer Recent Development
    Table 112. Zhengzhou Tianrun Company Information
    Table 113. Zhengzhou Tianrun Introduction and Business Overview
    Table 114. Zhengzhou Tianrun L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 115. Zhengzhou Tianrun L(+)-Lactic Acid Product Offerings
    Table 116. Zhengzhou Tianrun Recent Development
    Table 117. Shangdong Fullsail Company Information
    Table 118. Shangdong Fullsail Introduction and Business Overview
    Table 119. Shangdong Fullsail L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 120. Shangdong Fullsail L(+)-Lactic Acid Product Offerings
    Table 121. Shangdong Fullsail Recent Development
    Table 122. Tripura Bio Tech Limited Company Information
    Table 123. Tripura Bio Tech Limited Introduction and Business Overview
    Table 124. Tripura Bio Tech Limited L(+)-Lactic Acid Sales (MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2019-2024)
    Table 125. Tripura Bio Tech Limited L(+)-Lactic Acid Product Offerings
    Table 126. Tripura Bio Tech Limited Recent Development
    Table 127. Key Raw Materials Lists
    Table 128. Raw Materials Key Suppliers Lists
    Table 129. L(+)-Lactic Acid Downstream Customers
    Table 130. L(+)-Lactic Acid Distributors List
    Table 131. Research Programs/Design for This Report
    Table 132. Key Data Information from Secondary Sources
    Table 133. Key Data Information from Primary Sources
List of Figures
    Figure 1. L(+)-Lactic Acid Product Picture
    Figure 2. Global L(+)-Lactic Acid Sales Value, 2019 VS 2023 VS 2030 (US$ Million)
    Figure 3. Global L(+)-Lactic Acid Sales Value (2019-2030) & (US$ Million)
    Figure 4. Global L(+)-Lactic Acid Sales Volume (2019-2030) & (MT)
    Figure 5. Global L(+)-Lactic Acid Sales Price (2019-2030) & (USD/MT)
    Figure 6. L(+)-Lactic Acid Report Years Considered
    Figure 7. Global L(+)-Lactic Acid Players Revenue Ranking (2023) & (US$ Million)
    Figure 8. Global L(+)-Lactic Acid Players Sales Volume Ranking (2023) & (MT)
    Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by L(+)-Lactic Acid Revenue in 2023
    Figure 10. L(+)-Lactic Acid Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
    Figure 11. Food Grade Picture
    Figure 12. Industrial Grade Picture
    Figure 13. Pharmaceutical Grade Picture
    Figure 14. Global L(+)-Lactic Acid Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 15. Global L(+)-Lactic Acid Sales Value Market Share by Type, 2023 & 2030
    Figure 16. Global L(+)-Lactic Acid Sales Volume by Type (2019 VS 2023 VS 2030) & (MT)
    Figure 17. Global L(+)-Lactic Acid Sales Volume Market Share by Type, 2023 & 2030
    Figure 18. Global L(+)-Lactic Acid Price by Type (2019-2030) & (USD/MT)
    Figure 19. Product Picture of Pharmaceutical
    Figure 20. Product Picture of Home and Personal Care
    Figure 21. Product Picture of Industrial Applications
    Figure 22. Product Picture of Food and Beverage
    Figure 23. Product Picture of Others
    Figure 24. Global L(+)-Lactic Acid Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 25. Global L(+)-Lactic Acid Sales Value Market Share by Application, 2023 & 2030
    Figure 26. Global L(+)-Lactic Acid Sales Volume by Application (2019 VS 2023 VS 2030) & (MT)
    Figure 27. Global L(+)-Lactic Acid Sales Volume Market Share by Application, 2023 & 2030
    Figure 28. Global L(+)-Lactic Acid Price by Application (2019-2030) & (USD/MT)
    Figure 29. North America L(+)-Lactic Acid Sales Value (2019-2030) & (US$ Million)
    Figure 30. North America L(+)-Lactic Acid Sales Value by Country (%), 2023 VS 2030
    Figure 31. Europe L(+)-Lactic Acid Sales Value (2019-2030) & (US$ Million)
    Figure 32. Europe L(+)-Lactic Acid Sales Value by Country (%), 2023 VS 2030
    Figure 33. Asia Pacific L(+)-Lactic Acid Sales Value (2019-2030) & (US$ Million)
    Figure 34. Asia Pacific L(+)-Lactic Acid Sales Value by Country (%), 2023 VS 2030
    Figure 35. South America L(+)-Lactic Acid Sales Value (2019-2030) & (US$ Million)
    Figure 36. South America L(+)-Lactic Acid Sales Value by Country (%), 2023 VS 2030
    Figure 37. Middle East & Africa L(+)-Lactic Acid Sales Value (2019-2030) & (US$ Million)
    Figure 38. Middle East & Africa L(+)-Lactic Acid Sales Value by Country (%), 2023 VS 2030
    Figure 39. Key Countries/Regions L(+)-Lactic Acid Sales Value (%), (2019-2030)
    Figure 40. Key Countries/Regions L(+)-Lactic Acid Sales Volume (%), (2019-2030)
    Figure 41. United States L(+)-Lactic Acid Sales Value, (2019-2030) & (US$ Million)
    Figure 42. United States L(+)-Lactic Acid Sales Value by Type (%), 2023 VS 2030
    Figure 43. United States L(+)-Lactic Acid Sales Value by Application (%), 2023 VS 2030
    Figure 44. Europe L(+)-Lactic Acid Sales Value, (2019-2030) & (US$ Million)
    Figure 45. Europe L(+)-Lactic Acid Sales Value by Type (%), 2023 VS 2030
    Figure 46. Europe L(+)-Lactic Acid Sales Value by Application (%), 2023 VS 2030
    Figure 47. China L(+)-Lactic Acid Sales Value, (2019-2030) & (US$ Million)
    Figure 48. China L(+)-Lactic Acid Sales Value by Type (%), 2023 VS 2030
    Figure 49. China L(+)-Lactic Acid Sales Value by Application (%), 2023 VS 2030
    Figure 50. Japan L(+)-Lactic Acid Sales Value, (2019-2030) & (US$ Million)
    Figure 51. Japan L(+)-Lactic Acid Sales Value by Type (%), 2023 VS 2030
    Figure 52. Japan L(+)-Lactic Acid Sales Value by Application (%), 2023 VS 2030
    Figure 53. South Korea L(+)-Lactic Acid Sales Value, (2019-2030) & (US$ Million)
    Figure 54. South Korea L(+)-Lactic Acid Sales Value by Type (%), 2023 VS 2030
    Figure 55. South Korea L(+)-Lactic Acid Sales Value by Application (%), 2023 VS 2030
    Figure 56. Southeast Asia L(+)-Lactic Acid Sales Value, (2019-2030) & (US$ Million)
    Figure 57. Southeast Asia L(+)-Lactic Acid Sales Value by Type (%), 2023 VS 2030
    Figure 58. Southeast Asia L(+)-Lactic Acid Sales Value by Application (%), 2023 VS 2030
    Figure 59. India L(+)-Lactic Acid Sales Value, (2019-2030) & (US$ Million)
    Figure 60. India L(+)-Lactic Acid Sales Value by Type (%), 2023 VS 2030
    Figure 61. India L(+)-Lactic Acid Sales Value by Application (%), 2023 VS 2030
    Figure 62. L(+)-Lactic Acid Industrial Chain
    Figure 63. L(+)-Lactic Acid Manufacturing Cost Structure
    Figure 64. Channels of Distribution (Direct Sales, and Distribution)
    Figure 65. Bottom-up and Top-down Approaches for This Report
    Figure 66. Data Triangulation
    Figure 67. Key Executives Interviewed
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