1. Market Research
  2. > Food
  3. > Dairy Products Market Trends
  4. > Lactic Acid Market Outlook - Global Trends, Forecast, and Opportunity Assessment (2014-2022)

The Global Lactic Acid market is estimated to be $1.54 billion in 2014 and is expected to reach $6.25 billion by 2022 growing at a CAGR of 19.13% from 2014 to 2022. Increasing petroleum prices, confining petroleum resources augmented with global involvement over green house emission has resulted in few favorable policies and initiatives for bioplastics which further helps the overall lactic acid market. Increasing environmental awareness and demand for green packaging products is anticipated to boost the market growth. Reinforcement of poly lactic acid with other materials creates enormous opportunities in future. North America is the largest market owing to high concentration of allied industries in this region.

The Asia Pacific region is poised to grow at the highest CAGR of around 20% driven by the increasing allied industries such as dairy and agriculture, pharmaceuticals, and food & beverages. The growth in Europe is driven by the stringent environmental regulations imposed on the usage of synthetic plastic materials for packaging. Biodegradable polymers formed the largest application for lactic acid owing to the increasing demand of sustainable and biodegradable packaging materials from food and beverages industry. Industrial applications accounted for more than 40% of the overall lactic acid market and are expected to dominate the market over the forecast period. This is due to their usage in the advancements of biodegradable polymers and lactate solvents. Personal care is expected to be the fastest growing segment, led by the lactic acid usage in products for skin lightening, anti-wrinkle and anti-aging.

The key players in the Lactic Acid market include The Dow Chemical Company, Galactic S.A, BASF SE, Danimer Scientific LLC, Natureworks LLC, Corbion Purac, Wei Mon Industry Co. Ltd, Teijin Ltd, Henan Jindan Lactic Acid Technology Co. Ltd, and Synbra Technology B.V.

End users Covered:
• Food and Beverages
• Personal Care
• Pharmaceutical
• Biodegradable Plastics
• Other Applications
o Industrial Applications
o Medical Applications

Regions Covered:
• North America
o US
o Canada
• Europe
o Germany
o France
o Italy
o UK
o Spain
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia
• Rest of the World
o Latin America
o Middle East
o Africa
o Others

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Table Of Contents

Lactic Acid Market Outlook - Global Trends, Forecast, and Opportunity Assessment (2014-2022)
1 Executive Summary

2 Preface
2.1 Abstract
2.2 Research Scope
2.3 Research Methodology
2.4 Research Sources

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Lactic Acid Market, By End-users
5.1 Introduction
5.2 Food and Beverages
5.3 Personal Care
5.4 Pharmaceutical
5.5 Biodegradable Plastics
5.6 Other Applications
5.6.1 Industrial Applications
5.6.2 Medical Applications

6 Global Lactic Acid Market, By Geography
6.1 North America
6.1.1 US
6.1.2 Canada
6.2 Europe
6.2.1 Germany
6.2.2 France
6.2.3 Italy
6.2.4 UK
6.2.5 Spain
6.3 Asia Pacific
6.3.1 Japan
6.3.2 China
6.3.3 India
6.3.4 Australia
6.3.5 New Zealand
6.3.6 Rest of Asia Pacific
6.4 Rest of the World
6.4.1 Latin America
6.4.2 Middle East
6.4.3 Africa
6.4.4 Others

7 Key Developments
7.1 Agreements, Partnerships, Collaborations and Joint Ventures
7.2 Acquisitions and Mergers
7.3 New Product Launch
7.4 Expansions
7.5 Other Key Strategies

8 Company Profiling
8.1 The Dow Chemical Company
8.2 Galactic S.A
8.3 BASF SE
8.4 Danimer Scientific LLC
8.5 Natureworks LLC
8.6 Corbion Purac
8.7 Wei Mon Industry Co. Ltd
8.8 Teijin Ltd
8.9 Henan Jindan Lactic Acid Technology Co. Ltd
8.10 Synbra Technology B.V.

List of Tables
1 Global Lactic Acid Market Outlook, By End-users (2012-2022) ($MN)
2 Global Lactic Acid Market Outlook, By Food and Beverages (2012-2022) ($MN)
3 Global Lactic Acid Market Outlook, By Personal Care (2012-2022) ($MN)
4 Global Lactic Acid Market Outlook, By Pharmaceutical (2012-2022) ($MN)
5 Global Lactic Acid Market Outlook, By Biodegradable Plastics (2012-2022) ($MN)
6 Global Lactic Acid Market Outlook, By Other Applications (2012-2022) ($MN)
7 Global Lactic Acid Market Outlook, By Industrial Applications (2012-2022) ($MN)
8 Global Lactic Acid Market Outlook, By Medical Applications (2012-2022) ($MN)
9 North America Lactic Acid Market Outlook, By End-users (2012-2022) ($MN)
10 North America Lactic Acid Market Outlook, By Food and Beverages (2012-2022) ($MN)
11 North America Lactic Acid Market Outlook, By Personal Care (2012-2022) ($MN)
12 North America Lactic Acid Market Outlook, By Pharmaceutical (2012-2022) ($MN)
13 North America Lactic Acid Market Outlook, By Biodegradable Plastics (2012-2022) ($MN)
14 North America Lactic Acid Market Outlook, By Other Applications (2012-2022) ($MN)
15 North America Lactic Acid Market Outlook, By Industrial Applications (2012-2022) ($MN)
16 North America Lactic Acid Market Outlook, By Medical Applications (2012-2022) ($MN)
17 Europe Lactic Acid Market Outlook, By End-users (2012-2022) ($MN)
18 Europe Lactic Acid Market Outlook, By Food and Beverages (2012-2022) ($MN)
19 Europe Lactic Acid Market Outlook, By Personal Care (2012-2022) ($MN)
20 Europe Lactic Acid Market Outlook, By Pharmaceutical (2012-2022) ($MN)
21 Europe Lactic Acid Market Outlook, By Biodegradable Plastics (2012-2022) ($MN)
22 Europe Lactic Acid Market Outlook, By Other Applications (2012-2022) ($MN)
23 Europe Lactic Acid Market Outlook, By Industrial Applications (2012-2022) ($MN)
24 Europe Lactic Acid Market Outlook, By Medical Applications (2012-2022) ($MN)
25 Asia Pacific Lactic Acid Market Outlook, By End-users (2012-2022) ($MN)
26 Asia Pacific Lactic Acid Market Outlook, By Food and Beverages (2012-2022) ($MN)
27 Asia Pacific Lactic Acid Market Outlook, By Personal Care (2012-2022) ($MN)
28 Asia Pacific Lactic Acid Market Outlook, By Pharmaceutical (2012-2022) ($MN)
29 Asia Pacific Lactic Acid Market Outlook, By Biodegradable Plastics (2012-2022) ($MN)
30 Asia Pacific Lactic Acid Market Outlook, By Other Applications (2012-2022) ($MN)
31 Asia Pacific Lactic Acid Market Outlook, By Industrial Applications (2012-2022) ($MN)
32 Asia Pacific Lactic Acid Market Outlook, By Medical Applications (2012-2022) ($MN)
33 Rest of the World Lactic Acid Market Outlook, By End-users (2012-2022) ($MN)
34 Rest of the World Lactic Acid Market Outlook, By Food and Beverages (2012-2022) ($MN)
35 Rest of the World Lactic Acid Market Outlook, By Personal Care (2012-2022) ($MN)
36 Rest of the World Lactic Acid Market Outlook, By Pharmaceutical (2012-2022) ($MN)
37 Rest of the World Lactic Acid Market Outlook, By Biodegradable Plastics (2012-2022) ($MN)
38 Rest of the World Lactic Acid Market Outlook, By Other Applications (2012-2022) ($MN)
39 Rest of the World Lactic Acid Market Outlook, By Industrial Applications (2012-2022) ($MN)
40 Rest of the World Lactic Acid Market Outlook, By Medical Applications (2012-2022) ($MN)

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Global Lactic Acid Analyzer Market Research Report 2016

Global Lactic Acid Analyzer Market Research Report 2016

  • $ 2850
  • Industry report
  • October 2016
  • by 9Dimen Research

2016 Global Lactic Acid Analyzer Industry Report is a professional and in-depth research report on the world's major regional market conditions of the Lactic Acid Analyzer industry, focusing on the main ...

2016 Rac. 2-Trifluoromethyl lactic acid (CAS 382-43-4) Industry Market Report

2016 Rac. 2-Trifluoromethyl lactic acid (CAS 382-43-4) Industry Market Report

  • $ 2800
  • Industry report
  • August 2016
  • by Prof Research

The 'Global and Chinese Rac. 2-Trifluoromethyl lactic acid Industry, 2011-2021 Market Research Report' is a professional and in-depth study on the current state of the global Rac. 2-Trifluoromethyl lactic ...

2016 (S)-?-Trifluoromethyl lactic acid (CAS 24435-45-8) Industry Market Report

2016 (S)-?-Trifluoromethyl lactic acid (CAS 24435-45-8) Industry Market Report

  • $ 2800
  • Industry report
  • August 2016
  • by Prof Research

The 'Global and Chinese (S)-?-Trifluoromethyl lactic acid Industry, 2011-2021 Market Research Report' is a professional and in-depth study on the current state of the global (S)-?-Trifluoromethyl lactic ...


Download Unlimited Documents from Trusted Public Sources

Dairy Products Industry in Europe

  • October 2016
    11 pages
  • Dairy Products  

  • Europe  

View report >

Cheese Industry in the US - Forecast

  • October 2016
    16 pages
  • Cheese  

    Salt  

  • United States  

View report >

Milk Forecast Statistics in India

  • October 2016
    12 pages
  • Milk  

    Wastewater Trea...  

  • India  

    Asia  

View report >

Lactic Acid Industry

3 months ago

Milk Supply

3 months ago

Related Market Segments :

Lactic Acid

ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.