The global market for Lactic Acid and Derivative was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.

Lactic acid is an organic compound with the formula CH3CH(OH)CO2H.

China has surpassed Western Europe to become the second largest lactic acid market, with growth in consumption primarily benefiting from increasing demand in the food and beverage processing industry as well as robust export demand.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Lactic Acid and Derivative, 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 Lactic Acid and Derivative.

The Lactic Acid and Derivative market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Lactic Acid and Derivative 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 Lactic Acid and Derivative 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 Lactic Acid and Derivative Market Report

Report Metric	Details
Report Name	Lactic Acid and Derivative Market
by Type	Lactic Acid Polylactic Acid Others
by Application	Packaging Agriculture Automobile Electronics Textile Others
Production by Region	North America Europe China Japan
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	Dow, Corbion, Natureworks, ADM, Cargill, BASF, Teijin, Zhejiang Hisun Biomaterials, COFCO Biochemical & Galactic, Jindan Lactic Acid Technology, Hypow Biotechnology
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 Lactic Acid and Derivative manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lactic Acid and Derivative 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 Lactic Acid and Derivative 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

Who are the main players in the Lactic Acid and Derivative Market report?

Ans: The main players in the Lactic Acid and Derivative Market are Dow, Corbion, Natureworks, ADM, Cargill, BASF, Teijin, Zhejiang Hisun Biomaterials, COFCO Biochemical & Galactic, Jindan Lactic Acid Technology, Hypow Biotechnology

What are the Application segmentation covered in the Lactic Acid and Derivative Market report?

Ans: The Applications covered in the Lactic Acid and Derivative Market report are Packaging, Agriculture, Automobile, Electronics, Textile, Others

What are the Type segmentation covered in the Lactic Acid and Derivative Market report?

Ans: The Types covered in the Lactic Acid and Derivative Market report are Lactic Acid, Polylactic Acid, Others

1 Lactic Acid and Derivative Market Overview

1.1 Product Definition

1.2 Lactic Acid and Derivative by Type

1.2.1 Global Lactic Acid and Derivative Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 Lactic Acid

1.2.3 Polylactic Acid

1.2.4 Others

1.3 Lactic Acid and Derivative by Application

1.3.1 Global Lactic Acid and Derivative Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.3.2 Packaging

1.3.3 Agriculture

1.3.4 Automobile

1.3.5 Electronics

1.3.6 Textile

1.3.7 Others

1.4 Global Market Growth Prospects

1.4.1 Global Lactic Acid and Derivative Production Value Estimates and Forecasts (2020-2031)

1.4.2 Global Lactic Acid and Derivative Production Capacity Estimates and Forecasts (2020-2031)

1.4.3 Global Lactic Acid and Derivative Production Estimates and Forecasts (2020-2031)

1.4.4 Global Lactic Acid and Derivative Market Average Price Estimates and Forecasts (2020-2031)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Lactic Acid and Derivative Production Market Share by Manufacturers (2020-2025)

2.2 Global Lactic Acid and Derivative Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of Lactic Acid and Derivative, Industry Ranking, 2023 VS 2024

2.4 Global Lactic Acid and Derivative Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global Lactic Acid and Derivative Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of Lactic Acid and Derivative, Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of Lactic Acid and Derivative, Product Offered and Application

2.8 Global Key Manufacturers of Lactic Acid and Derivative, Date of Enter into This Industry

2.9 Lactic Acid and Derivative Market Competitive Situation and Trends

2.9.1 Lactic Acid and Derivative Market Concentration Rate

2.9.2 Global 5 and 10 Largest Lactic Acid and Derivative Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 Lactic Acid and Derivative Production by Region

3.1 Global Lactic Acid and Derivative Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global Lactic Acid and Derivative Production Value by Region (2020-2031)

3.2.1 Global Lactic Acid and Derivative Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of Lactic Acid and Derivative by Region (2026-2031)

3.3 Global Lactic Acid and Derivative Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global Lactic Acid and Derivative Production Volume by Region (2020-2031)

3.4.1 Global Lactic Acid and Derivative Production by Region (2020-2025)

3.4.2 Global Forecasted Production of Lactic Acid and Derivative by Region (2026-2031)

3.5 Global Lactic Acid and Derivative Market Price Analysis by Region (2020-2025)

3.6 Global Lactic Acid and Derivative Production and Value, Year-over-Year Growth

3.6.1 North America Lactic Acid and Derivative Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe Lactic Acid and Derivative Production Value Estimates and Forecasts (2020-2031)

3.6.3 China Lactic Acid and Derivative Production Value Estimates and Forecasts (2020-2031)

3.6.4 Japan Lactic Acid and Derivative Production Value Estimates and Forecasts (2020-2031)

4 Lactic Acid and Derivative Consumption by Region

4.1 Global Lactic Acid and Derivative Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global Lactic Acid and Derivative Consumption by Region (2020-2031)

4.2.1 Global Lactic Acid and Derivative Consumption by Region (2020-2025)

4.2.2 Global Lactic Acid and Derivative Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America Lactic Acid and Derivative Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America Lactic Acid and Derivative Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Lactic Acid and Derivative Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe Lactic Acid and Derivative Consumption by Country (2020-2031)

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 Lactic Acid and Derivative Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific Lactic Acid and Derivative Consumption by Region (2020-2031)

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 Lactic Acid and Derivative Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa Lactic Acid and Derivative Consumption by Country (2020-2031)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5 Segment by Type

5.1 Global Lactic Acid and Derivative Production by Type (2020-2031)

5.1.1 Global Lactic Acid and Derivative Production by Type (2020-2025)

5.1.2 Global Lactic Acid and Derivative Production by Type (2026-2031)

5.1.3 Global Lactic Acid and Derivative Production Market Share by Type (2020-2031)

5.2 Global Lactic Acid and Derivative Production Value by Type (2020-2031)

5.2.1 Global Lactic Acid and Derivative Production Value by Type (2020-2025)

5.2.2 Global Lactic Acid and Derivative Production Value by Type (2026-2031)

5.2.3 Global Lactic Acid and Derivative Production Value Market Share by Type (2020-2031)

5.3 Global Lactic Acid and Derivative Price by Type (2020-2031)

6 Segment by Application

6.1 Global Lactic Acid and Derivative Production by Application (2020-2031)

6.1.1 Global Lactic Acid and Derivative Production by Application (2020-2025)

6.1.2 Global Lactic Acid and Derivative Production by Application (2026-2031)

6.1.3 Global Lactic Acid and Derivative Production Market Share by Application (2020-2031)

6.2 Global Lactic Acid and Derivative Production Value by Application (2020-2031)

6.2.1 Global Lactic Acid and Derivative Production Value by Application (2020-2025)

6.2.2 Global Lactic Acid and Derivative Production Value by Application (2026-2031)

6.2.3 Global Lactic Acid and Derivative Production Value Market Share by Application (2020-2031)

6.3 Global Lactic Acid and Derivative Price by Application (2020-2031)

7 Key Companies Profiled

7.1 Dow

7.1.1 Dow Lactic Acid and Derivative Company Information

7.1.2 Dow Lactic Acid and Derivative Product Portfolio

7.1.3 Dow Lactic Acid and Derivative Production, Value, Price and Gross Margin (2020-2025)

7.1.4 Dow Main Business and Markets Served

7.1.5 Dow Recent Developments/Updates

7.2 Corbion

7.2.1 Corbion Lactic Acid and Derivative Company Information

7.2.2 Corbion Lactic Acid and Derivative Product Portfolio

7.2.3 Corbion Lactic Acid and Derivative Production, Value, Price and Gross Margin (2020-2025)

7.2.4 Corbion Main Business and Markets Served

7.2.5 Corbion Recent Developments/Updates

7.3 Natureworks

7.3.1 Natureworks Lactic Acid and Derivative Company Information

7.3.2 Natureworks Lactic Acid and Derivative Product Portfolio

7.3.3 Natureworks Lactic Acid and Derivative Production, Value, Price and Gross Margin (2020-2025)

7.3.4 Natureworks Main Business and Markets Served

7.3.5 Natureworks Recent Developments/Updates

7.4 ADM

7.4.1 ADM Lactic Acid and Derivative Company Information

7.4.2 ADM Lactic Acid and Derivative Product Portfolio

7.4.3 ADM Lactic Acid and Derivative Production, Value, Price and Gross Margin (2020-2025)

7.4.4 ADM Main Business and Markets Served

7.4.5 ADM Recent Developments/Updates

7.5 Cargill

7.5.1 Cargill Lactic Acid and Derivative Company Information

7.5.2 Cargill Lactic Acid and Derivative Product Portfolio

7.5.3 Cargill Lactic Acid and Derivative Production, Value, Price and Gross Margin (2020-2025)

7.5.4 Cargill Main Business and Markets Served

7.5.5 Cargill Recent Developments/Updates

7.6 BASF

7.6.1 BASF Lactic Acid and Derivative Company Information

7.6.2 BASF Lactic Acid and Derivative Product Portfolio

7.6.3 BASF Lactic Acid and Derivative Production, Value, Price and Gross Margin (2020-2025)

7.6.4 BASF Main Business and Markets Served

7.6.5 BASF Recent Developments/Updates

7.7 Teijin

7.7.1 Teijin Lactic Acid and Derivative Company Information

7.7.2 Teijin Lactic Acid and Derivative Product Portfolio

7.7.3 Teijin Lactic Acid and Derivative Production, Value, Price and Gross Margin (2020-2025)

7.7.4 Teijin Main Business and Markets Served

7.7.5 Teijin Recent Developments/Updates

7.8 Zhejiang Hisun Biomaterials

7.8.1 Zhejiang Hisun Biomaterials Lactic Acid and Derivative Company Information

7.8.2 Zhejiang Hisun Biomaterials Lactic Acid and Derivative Product Portfolio

7.8.3 Zhejiang Hisun Biomaterials Lactic Acid and Derivative Production, Value, Price and Gross Margin (2020-2025)

7.8.4 Zhejiang Hisun Biomaterials Main Business and Markets Served

7.8.5 Zhejiang Hisun Biomaterials Recent Developments/Updates

7.9 COFCO Biochemical & Galactic

7.9.1 COFCO Biochemical & Galactic Lactic Acid and Derivative Company Information

7.9.2 COFCO Biochemical & Galactic Lactic Acid and Derivative Product Portfolio

7.9.3 COFCO Biochemical & Galactic Lactic Acid and Derivative Production, Value, Price and Gross Margin (2020-2025)

7.9.4 COFCO Biochemical & Galactic Main Business and Markets Served

7.9.5 COFCO Biochemical & Galactic Recent Developments/Updates

7.10 Jindan Lactic Acid Technology

7.10.1 Jindan Lactic Acid Technology Lactic Acid and Derivative Company Information

7.10.2 Jindan Lactic Acid Technology Lactic Acid and Derivative Product Portfolio

7.10.3 Jindan Lactic Acid Technology Lactic Acid and Derivative Production, Value, Price and Gross Margin (2020-2025)

7.10.4 Jindan Lactic Acid Technology Main Business and Markets Served

7.10.5 Jindan Lactic Acid Technology Recent Developments/Updates

7.11 Hypow Biotechnology

7.11.1 Hypow Biotechnology Lactic Acid and Derivative Company Information

7.11.2 Hypow Biotechnology Lactic Acid and Derivative Product Portfolio

7.11.3 Hypow Biotechnology Lactic Acid and Derivative Production, Value, Price and Gross Margin (2020-2025)

7.11.4 Hypow Biotechnology Main Business and Markets Served

7.11.5 Hypow Biotechnology Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 Lactic Acid and Derivative Industry Chain Analysis

8.2 Lactic Acid and Derivative Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Lactic Acid and Derivative Production Mode & Process Analysis

8.4 Lactic Acid and Derivative Sales and Marketing

8.4.1 Lactic Acid and Derivative Sales Channels

8.4.2 Lactic Acid and Derivative Distributors

8.5 Lactic Acid and Derivative Customer Analysis

9 Lactic Acid and Derivative Market Dynamics

9.1 Lactic Acid and Derivative Industry Trends

9.2 Lactic Acid and Derivative Market Drivers

9.3 Lactic Acid and Derivative Market Challenges

9.4 Lactic Acid and Derivative Market Restraints

10 Research Findings 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

FEATURED COMPANIES

Zhejiang Hisun Biomaterials

COFCO Biochemical & Galactic

Jindan Lactic Acid Technology

Hypow Biotechnology

List of Tables

Table 1. Global Lactic Acid and Derivative Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global Lactic Acid and Derivative Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 3. Global Lactic Acid and Derivative Production Capacity (K MT) by Manufacturers in 2024

Table 4. Global Lactic Acid and Derivative Production by Manufacturers (2020-2025) & (K MT)

Table 5. Global Lactic Acid and Derivative Production Market Share by Manufacturers (2020-2025)

Table 6. Global Lactic Acid and Derivative Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 7. Global Lactic Acid and Derivative Production Value Share by Manufacturers (2020-2025)

Table 8. Global Key Players of Lactic Acid and Derivative, Industry Ranking, 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Lactic Acid and Derivative as of 2024)

Table 10. Global Market Lactic Acid and Derivative Average Price by Manufacturers (USD/MT) & (2020-2025)

Table 11. Global Key Manufacturers of Lactic Acid and Derivative, Manufacturing Base Distribution and Headquarters

Table 12. Global Key Manufacturers of Lactic Acid and Derivative, Product Offered and Application

Table 13. Global Key Manufacturers of Lactic Acid and Derivative, Date of Enter into This Industry

Table 14. Global Lactic Acid and Derivative Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global Lactic Acid and Derivative Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global Lactic Acid and Derivative Production Value (US$ Million) by Region (2020-2025)

Table 18. Global Lactic Acid and Derivative Production Value Market Share by Region (2020-2025)

Table 19. Global Lactic Acid and Derivative Production Value (US$ Million) Forecast by Region (2026-2031)

Table 20. Global Lactic Acid and Derivative Production Value Market Share Forecast by Region (2026-2031)

Table 21. Global Lactic Acid and Derivative Production Comparison by Region: 2020 VS 2024 VS 2031 (K MT)

Table 22. Global Lactic Acid and Derivative Production (K MT) by Region (2020-2025)

Table 23. Global Lactic Acid and Derivative Production Market Share by Region (2020-2025)

Table 24. Global Lactic Acid and Derivative Production (K MT) Forecast by Region (2026-2031)

Table 25. Global Lactic Acid and Derivative Production Market Share Forecast by Region (2026-2031)

Table 26. Global Lactic Acid and Derivative Market Average Price (USD/MT) by Region (2020-2025)

Table 27. Global Lactic Acid and Derivative Market Average Price (USD/MT) by Region (2026-2031)

Table 28. Global Lactic Acid and Derivative Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K MT)

Table 29. Global Lactic Acid and Derivative Consumption by Region (2020-2025) & (K MT)

Table 30. Global Lactic Acid and Derivative Consumption Market Share by Region (2020-2025)

Table 31. Global Lactic Acid and Derivative Forecasted Consumption by Region (2026-2031) & (K MT)

Table 32. Global Lactic Acid and Derivative Forecasted Consumption Market Share by Region (2026-2031)

Table 33. North America Lactic Acid and Derivative Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)

Table 34. North America Lactic Acid and Derivative Consumption by Country (2020-2025) & (K MT)

Table 35. North America Lactic Acid and Derivative Consumption by Country (2026-2031) & (K MT)

Table 36. Europe Lactic Acid and Derivative Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)

Table 37. Europe Lactic Acid and Derivative Consumption by Country (2020-2025) & (K MT)

Table 38. Europe Lactic Acid and Derivative Consumption by Country (2026-2031) & (K MT)

Table 39. Asia Pacific Lactic Acid and Derivative Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K MT)

Table 40. Asia Pacific Lactic Acid and Derivative Consumption by Region (2020-2025) & (K MT)

Table 41. Asia Pacific Lactic Acid and Derivative Consumption by Region (2026-2031) & (K MT)

Table 42. Latin America, Middle East & Africa Lactic Acid and Derivative Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K MT)

Table 43. Latin America, Middle East & Africa Lactic Acid and Derivative Consumption by Country (2020-2025) & (K MT)

Table 44. Latin America, Middle East & Africa Lactic Acid and Derivative Consumption by Country (2026-2031) & (K MT)

Table 45. Global Lactic Acid and Derivative Production (K MT) by Type (2020-2025)

Table 46. Global Lactic Acid and Derivative Production (K MT) by Type (2026-2031)

Table 47. Global Lactic Acid and Derivative Production Market Share by Type (2020-2025)

Table 48. Global Lactic Acid and Derivative Production Market Share by Type (2026-2031)

Table 49. Global Lactic Acid and Derivative Production Value (US$ Million) by Type (2020-2025)

Table 50. Global Lactic Acid and Derivative Production Value (US$ Million) by Type (2026-2031)

Table 51. Global Lactic Acid and Derivative Production Value Market Share by Type (2020-2025)

Table 52. Global Lactic Acid and Derivative Production Value Market Share by Type (2026-2031)

Table 53. Global Lactic Acid and Derivative Price (USD/MT) by Type (2020-2025)

Table 54. Global Lactic Acid and Derivative Price (USD/MT) by Type (2026-2031)

Table 55. Global Lactic Acid and Derivative Production (K MT) by Application (2020-2025)

Table 56. Global Lactic Acid and Derivative Production (K MT) by Application (2026-2031)

Table 57. Global Lactic Acid and Derivative Production Market Share by Application (2020-2025)

Table 58. Global Lactic Acid and Derivative Production Market Share by Application (2026-2031)

Table 59. Global Lactic Acid and Derivative Production Value (US$ Million) by Application (2020-2025)

Table 60. Global Lactic Acid and Derivative Production Value (US$ Million) by Application (2026-2031)

Table 61. Global Lactic Acid and Derivative Production Value Market Share by Application (2020-2025)

Table 62. Global Lactic Acid and Derivative Production Value Market Share by Application (2026-2031)

Table 63. Global Lactic Acid and Derivative Price (USD/MT) by Application (2020-2025)

Table 64. Global Lactic Acid and Derivative Price (USD/MT) by Application (2026-2031)

Table 65. Dow Lactic Acid and Derivative Company Information

Table 66. Dow Lactic Acid and Derivative Specification and Application

Table 67. Dow Lactic Acid and Derivative Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 68. Dow Main Business and Markets Served

Table 69. Dow Recent Developments/Updates

Table 70. Corbion Lactic Acid and Derivative Company Information

Table 71. Corbion Lactic Acid and Derivative Specification and Application

Table 72. Corbion Lactic Acid and Derivative Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 73. Corbion Main Business and Markets Served

Table 74. Corbion Recent Developments/Updates

Table 75. Natureworks Lactic Acid and Derivative Company Information

Table 76. Natureworks Lactic Acid and Derivative Specification and Application

Table 77. Natureworks Lactic Acid and Derivative Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 78. Natureworks Main Business and Markets Served

Table 79. Natureworks Recent Developments/Updates

Table 80. ADM Lactic Acid and Derivative Company Information

Table 81. ADM Lactic Acid and Derivative Specification and Application

Table 82. ADM Lactic Acid and Derivative Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 83. ADM Main Business and Markets Served

Table 84. ADM Recent Developments/Updates

Table 85. Cargill Lactic Acid and Derivative Company Information

Table 86. Cargill Lactic Acid and Derivative Specification and Application

Table 87. Cargill Lactic Acid and Derivative Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 88. Cargill Main Business and Markets Served

Table 89. Cargill Recent Developments/Updates

Table 90. BASF Lactic Acid and Derivative Company Information

Table 91. BASF Lactic Acid and Derivative Specification and Application

Table 92. BASF Lactic Acid and Derivative Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 93. BASF Main Business and Markets Served

Table 94. BASF Recent Developments/Updates

Table 95. Teijin Lactic Acid and Derivative Company Information

Table 96. Teijin Lactic Acid and Derivative Specification and Application

Table 97. Teijin Lactic Acid and Derivative Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 98. Teijin Main Business and Markets Served

Table 99. Teijin Recent Developments/Updates

Table 100. Zhejiang Hisun Biomaterials Lactic Acid and Derivative Company Information

Table 101. Zhejiang Hisun Biomaterials Lactic Acid and Derivative Specification and Application

Table 102. Zhejiang Hisun Biomaterials Lactic Acid and Derivative Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 103. Zhejiang Hisun Biomaterials Main Business and Markets Served

Table 104. Zhejiang Hisun Biomaterials Recent Developments/Updates

Table 105. COFCO Biochemical & Galactic Lactic Acid and Derivative Company Information

Table 106. COFCO Biochemical & Galactic Lactic Acid and Derivative Specification and Application

Table 107. COFCO Biochemical & Galactic Lactic Acid and Derivative Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 108. COFCO Biochemical & Galactic Main Business and Markets Served

Table 109. COFCO Biochemical & Galactic Recent Developments/Updates

Table 110. Jindan Lactic Acid Technology Lactic Acid and Derivative Company Information

Table 111. Jindan Lactic Acid Technology Lactic Acid and Derivative Specification and Application

Table 112. Jindan Lactic Acid Technology Lactic Acid and Derivative Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 113. Jindan Lactic Acid Technology Main Business and Markets Served

Table 114. Jindan Lactic Acid Technology Recent Developments/Updates

Table 115. Hypow Biotechnology Lactic Acid and Derivative Company Information

Table 116. Hypow Biotechnology Lactic Acid and Derivative Specification and Application

Table 117. Hypow Biotechnology Lactic Acid and Derivative Production (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 118. Hypow Biotechnology Main Business and Markets Served

Table 119. Hypow Biotechnology Recent Developments/Updates

Table 120. Key Raw Materials Lists

Table 121. Raw Materials Key Suppliers Lists

Table 122. Lactic Acid and Derivative Distributors List

Table 123. Lactic Acid and Derivative Customers List

Table 124. Lactic Acid and Derivative Market Trends

Table 125. Lactic Acid and Derivative Market Drivers

Table 126. Lactic Acid and Derivative Market Challenges

Table 127. Lactic Acid and Derivative Market Restraints

Table 128. Research Programs/Design for This Report

Table 129. Key Data Information from Secondary Sources

Table 130. Key Data Information from Primary Sources

Table 131. Authors List of This Report

List of Figures

Figure 1. Product Picture of Lactic Acid and Derivative

Figure 2. Global Lactic Acid and Derivative Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global Lactic Acid and Derivative Market Share by Type: 2024 VS 2031

Figure 4. Lactic Acid Product Picture

Figure 5. Polylactic Acid Product Picture

Figure 6. Others Product Picture

Figure 7. Global Lactic Acid and Derivative Market Value by Application, (US$ Million) & (2020-2031)

Figure 8. Global Lactic Acid and Derivative Market Share by Application: 2024 VS 2031

Figure 9. Packaging

Figure 10. Agriculture

Figure 11. Automobile

Figure 12. Electronics

Figure 13. Textile

Figure 14. Others

Figure 15. Global Lactic Acid and Derivative Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 16. Global Lactic Acid and Derivative Production Value (US$ Million) & (2020-2031)

Figure 17. Global Lactic Acid and Derivative Production Capacity (K MT) & (2020-2031)

Figure 18. Global Lactic Acid and Derivative Production (K MT) & (2020-2031)

Figure 19. Global Lactic Acid and Derivative Average Price (USD/MT) & (2020-2031)

Figure 20. Lactic Acid and Derivative Report Years Considered

Figure 21. Lactic Acid and Derivative Production Share by Manufacturers in 2024

Figure 22. Global Lactic Acid and Derivative Production Value Share by Manufacturers (2024)

Figure 23. Lactic Acid and Derivative Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 24. The Global 5 and 10 Largest Players: Market Share by Lactic Acid and Derivative Revenue in 2024

Figure 25. Global Lactic Acid and Derivative Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 26. Global Lactic Acid and Derivative Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 27. Global Lactic Acid and Derivative Production Comparison by Region: 2020 VS 2024 VS 2031 (K MT)

Figure 28. Global Lactic Acid and Derivative Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 29. North America Lactic Acid and Derivative Production Value (US$ Million) Growth Rate (2020-2031)

Figure 30. Europe Lactic Acid and Derivative Production Value (US$ Million) Growth Rate (2020-2031)

Figure 31. China Lactic Acid and Derivative Production Value (US$ Million) Growth Rate (2020-2031)

Figure 32. Japan Lactic Acid and Derivative Production Value (US$ Million) Growth Rate (2020-2031)

Figure 33. Global Lactic Acid and Derivative Consumption by Region: 2020 VS 2024 VS 2031 (K MT)

Figure 34. Global Lactic Acid and Derivative Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 35. North America Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 36. North America Lactic Acid and Derivative Consumption Market Share by Country (2020-2031)

Figure 37. U.S. Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 38. Canada Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 39. Europe Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 40. Europe Lactic Acid and Derivative Consumption Market Share by Country (2020-2031)

Figure 41. Germany Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 42. France Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 43. U.K. Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 44. Italy Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 45. Russia Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 46. Asia Pacific Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 47. Asia Pacific Lactic Acid and Derivative Consumption Market Share by Region (2020-2031)

Figure 48. China Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 49. Japan Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 50. South Korea Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 51. China Taiwan Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 52. Southeast Asia Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 53. India Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 54. Latin America, Middle East & Africa Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 55. Latin America, Middle East & Africa Lactic Acid and Derivative Consumption Market Share by Country (2020-2031)

Figure 56. Mexico Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 57. Brazil Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 58. Turkey Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 59. GCC Countries Lactic Acid and Derivative Consumption and Growth Rate (2020-2031) & (K MT)

Figure 60. Global Production Market Share of Lactic Acid and Derivative by Type (2020-2031)

Figure 61. Global Production Value Market Share of Lactic Acid and Derivative by Type (2020-2031)

Figure 62. Global Lactic Acid and Derivative Price (USD/MT) by Type (2020-2031)

Figure 63. Global Production Market Share of Lactic Acid and Derivative by Application (2020-2031)

Figure 64. Global Production Value Market Share of Lactic Acid and Derivative by Application (2020-2031)

Figure 65. Global Lactic Acid and Derivative Price (USD/MT) by Application (2020-2031)

Figure 66. Lactic Acid and Derivative Value Chain

Figure 67. Channels of Distribution (Direct Vs Distribution)

Figure 68. Bottom-up and Top-down Approaches for This Report

Figure 69. Data Triangulation

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Global Lactic Acid and Derivative Market Research Report 2025

Published Date: August 2025

Report Code: QYRE-Auto-3F9791

Global Lactic Acid and Derivative Market Research Report 2025

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Lactic Acid and Derivative Market

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Scope of Lactic Acid and Derivative Market Report

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