Lactic Acid Market Size to Hit Around USD 9.36 Billion by 2034

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Lactic Acid Market

5.1. COVID-19 Landscape: Lactic Acid Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Lactic Acid Market, By Raw Material

8.1. Lactic Acid Market, by Raw Material

8.1.1. Corn

8.1.1.1. Market Revenue and Forecast

8.1.2. Sugar Cane

8.1.2.1. Market Revenue and Forecast

8.1.3. Cassava

8.1.3.1. Market Revenue and Forecast

8.1.4. Other Crops

8.1.4.1. Market Revenue and Forecast

Chapter 9. Global Lactic Acid Market, By Application

9.1. Lactic Acid Market, by Application

9.1.1. Poly lactic acid

9.1.1.1. Market Revenue and Forecast

9.1.2. Pharmaceuticals

9.1.2.1. Market Revenue and Forecast

9.1.3. Personal care

9.1.3.1. Market Revenue and Forecast

9.1.4. Food and beverages

9.1.4.1. Market Revenue and Forecast

9.1.5. Industrial

9.1.5.1. Market Revenue and Forecast

9.1.6. Others

9.1.6.1. Market Revenue and Forecast

Chapter 10. Global Lactic Acid Market, By Form

10.1. Lactic Acid Market, by Form

10.1.1. Liquid

10.1.1.1. Market Revenue and Forecast

10.1.2. Form

10.1.2.1. Market Revenue and Forecast

Chapter 11. Global Lactic Acid Market, By Source

11.1. Lactic Acid Market, by Source

11.1.1. Natural

11.1.1.1. Market Revenue and Forecast

11.1.2. Synthetic

11.1.2.1. Market Revenue and Forecast

Chapter 12. Global Lactic Acid Market, By End-User

12.1. Lactic Acid Market, by End-User

12.1.1. Packaging

12.1.1.1. Market Revenue and Forecast

12.1.2. Textile

12.1.2.1. Market Revenue and Forecast

12.1.3. Electronics

12.1.3.1. Market Revenue and Forecast

12.1.4. Automotive

12.1.4.1. Market Revenue and Forecast

12.1.5. Biomedical

12.1.5.1. Market Revenue and Forecast

12.1.6. Other

12.1.6.1. Market Revenue and Forecast

Chapter 13. Global Lactic Acid Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Raw Material

13.1.2. Market Revenue and Forecast, by Application

13.1.3. Market Revenue and Forecast, by Form

13.1.4. Market Revenue and Forecast, by Source

13.1.5. Market Revenue and Forecast, by End-User

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Raw Material

13.1.6.2. Market Revenue and Forecast, by Application

13.1.6.3. Market Revenue and Forecast, by Form

13.1.6.4. Market Revenue and Forecast, by Source

13.1.7. Market Revenue and Forecast, by End-User

13.1.8. Rest of North America

13.1.8.1. Market Revenue and Forecast, by Raw Material

13.1.8.2. Market Revenue and Forecast, by Application

13.1.8.3. Market Revenue and Forecast, by Form

13.1.8.4. Market Revenue and Forecast, by Source

13.1.8.5. Market Revenue and Forecast, by End-User

13.2. Europe

13.2.1. Market Revenue and Forecast, by Raw Material

13.2.2. Market Revenue and Forecast, by Application

13.2.3. Market Revenue and Forecast, by Form

13.2.4. Market Revenue and Forecast, by Source

13.2.5. Market Revenue and Forecast, by End-User

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Raw Material

13.2.6.2. Market Revenue and Forecast, by Application

13.2.6.3. Market Revenue and Forecast, by Form

13.2.7. Market Revenue and Forecast, by Source

13.2.8. Market Revenue and Forecast, by End-User

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Raw Material

13.2.9.2. Market Revenue and Forecast, by Application

13.2.9.3. Market Revenue and Forecast, by Form

13.2.10. Market Revenue and Forecast, by Source

13.2.11. Market Revenue and Forecast, by End-User

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Raw Material

13.2.12.2. Market Revenue and Forecast, by Application

13.2.12.3. Market Revenue and Forecast, by Form

13.2.12.4. Market Revenue and Forecast, by Source

13.2.13. Market Revenue and Forecast, by End-User

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Raw Material

13.2.14.2. Market Revenue and Forecast, by Application

13.2.14.3. Market Revenue and Forecast, by Form

13.2.14.4. Market Revenue and Forecast, by Source

13.2.15. Market Revenue and Forecast, by End-User

13.3. APAC

13.3.1. Market Revenue and Forecast, by Raw Material

13.3.2. Market Revenue and Forecast, by Application

13.3.3. Market Revenue and Forecast, by Form

13.3.4. Market Revenue and Forecast, by Source

13.3.5. Market Revenue and Forecast, by End-User

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Raw Material

13.3.6.2. Market Revenue and Forecast, by Application

13.3.6.3. Market Revenue and Forecast, by Form

13.3.6.4. Market Revenue and Forecast, by Source

13.3.7. Market Revenue and Forecast, by End-User

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Raw Material

13.3.8.2. Market Revenue and Forecast, by Application

13.3.8.3. Market Revenue and Forecast, by Form

13.3.8.4. Market Revenue and Forecast, by Source

13.3.9. Market Revenue and Forecast, by End-User

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Raw Material

13.3.10.2. Market Revenue and Forecast, by Application

13.3.10.3. Market Revenue and Forecast, by Form

13.3.10.4. Market Revenue and Forecast, by Source

13.3.10.5. Market Revenue and Forecast, by End-User

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Raw Material

13.3.11.2. Market Revenue and Forecast, by Application

13.3.11.3. Market Revenue and Forecast, by Form

13.3.11.4. Market Revenue and Forecast, by Source

13.3.11.5. Market Revenue and Forecast, by End-User

13.4. MEA

13.4.1. Market Revenue and Forecast, by Raw Material

13.4.2. Market Revenue and Forecast, by Application

13.4.3. Market Revenue and Forecast, by Form

13.4.4. Market Revenue and Forecast, by Source

13.4.5. Market Revenue and Forecast, by End-User

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Raw Material

13.4.6.2. Market Revenue and Forecast, by Application

13.4.6.3. Market Revenue and Forecast, by Form

13.4.6.4. Market Revenue and Forecast, by Source

13.4.7. Market Revenue and Forecast, by End-User

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Raw Material

13.4.8.2. Market Revenue and Forecast, by Application

13.4.8.3. Market Revenue and Forecast, by Form

13.4.8.4. Market Revenue and Forecast, by Source

13.4.9. Market Revenue and Forecast, by End-User

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Raw Material

13.4.10.2. Market Revenue and Forecast, by Application

13.4.10.3. Market Revenue and Forecast, by Form

13.4.10.4. Market Revenue and Forecast, by Source

13.4.10.5. Market Revenue and Forecast, by End-User

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Raw Material

13.4.11.2. Market Revenue and Forecast, by Application

13.4.11.3. Market Revenue and Forecast, by Form

13.4.11.4. Market Revenue and Forecast, by Source

13.4.11.5. Market Revenue and Forecast, by End-User

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Raw Material

13.5.2. Market Revenue and Forecast, by Application

13.5.3. Market Revenue and Forecast, by Form

13.5.4. Market Revenue and Forecast, by Source

13.5.5. Market Revenue and Forecast, by End-User

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Raw Material

13.5.6.2. Market Revenue and Forecast, by Application

13.5.6.3. Market Revenue and Forecast, by Form

13.5.6.4. Market Revenue and Forecast, by Source

13.5.7. Market Revenue and Forecast, by End-User

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Raw Material

13.5.8.2. Market Revenue and Forecast, by Application

13.5.8.3. Market Revenue and Forecast, by Form

13.5.8.4. Market Revenue and Forecast, by Source

13.5.8.5. Market Revenue and Forecast, by End-User

Chapter 14. Company Profiles

14.1. Corbion

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. DuPont

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Henan Jindan Lacic Acid Technology

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Sulzer

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Mushashino Chemical

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Jungbunzlauer

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. FoodChem International

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Cargill

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Galactic

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. DOW

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

The global lactic acid market size accounted at USD 4.07 billion in 2025 and it is expected to reach around USD 9.36 billion by 2034.

The global lactic acid market is poised to grow at a CAGR of 8.70% from 2025 to 2034.

The major players operating in the lactic acid market are Corbion, DuPont, Henan Jindan Lacic Acid Technology, Sulzer, Mushashino Chemical, Jungbunzlauer, FoodChem International, Cargill, Galactic, DOW, Unitika, Vaishnavi Biotech, Spectrum Chemicals, Godavari Bio-refineries, ProAgro GmbH, Qingdao Abel Technology, Vigon International, Henan Xinghan Biology Technology, Danimer Scientific, COFCO BioChemical

Increasing awareness about the benefits of the biodegradable polymers that are manufactured with the use of Poly lactic acid will drive the market growth in the coming years.

North America region will lead the global lactic acid market during the forecast period 2025 to 2034.