As the global economy mends, the 2021 growth of Lactic Acid & Derivatives will have significant change from previous year. According to our researcher latest study, the global Lactic Acid & Derivatives market size is USD million in 2022 from USD million in 2021, with a change of % between 2021 and 2022. The global Lactic Acid & Derivatives market size will reach USD million in 2028, growing at a CAGR of % over the analysis period.

The United States Lactic Acid & Derivatives market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Lactic Acid & Derivatives market, reaching US$ million by the year 2028. As for the Europe Lactic Acid & Derivatives landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.

Global main Lactic Acid & Derivatives players cover Corbion Purac, Galactic, ADM, and Cargill, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.

This report presents a comprehensive overview, market shares, and growth opportunities of Lactic Acid & Derivatives market by product type, application, key manufacturers and key regions and countries.

Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6

Lactic Acid

Lactic Acid Derivatives

Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.

Food Industry

Chemical Industry

Pharmaceutical Industry

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include

Corbion Purac

Galactic

ADM

Cargill

Yangtze Labre

Musashino Chemical

Aldon Corporation

Tedia Company Inc

Anhui COFCO Biochemical & GALACTIC

Henan Jindan Lactic Acid Technology

Chongqing Bofei Biochemical Products