Lactic Acid Market - Forecast (2022 - 2027)

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Lactic Acid MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022 - 2027
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• Lactic Acid Market size is estimated to reach
  1.4 billion by 2027, growing at a CAGR of 8.3
  during the forecast period 2022-2027.
• Lactic acid is one of the most well-known organic
  acids, with an extensive series of industrial
  applications. The food, chemical, pharmaceutical
  and cosmetics sectors are mostly utilizing lactic
  acid. Lactobacillales are an order of
  gram-positive, low-GC, acid-tolerant, ordinarily
  nonsporulating, non-respiring, either rod-shaped
  (bacilli) or spherical (cocci) bacteria that
  share typical metabolic and physiological traits.

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• Key Takeaways
• Geographically, North America (Lactic Acid Market
  share) accounted for the highest revenue share in
  2021 and it is poised to dominate the market over
  the period 2022-2027.
• Lactic Acid Market growth is being driven by the
  surging application of lactic acid which is an
  alpha hydroxy acid (AHA), in the production of
  Polylactic Acid (PLA), which is a biodegradable
  polymer and a compostable thermoplastic prepared
  from renewable sources, like lactic acid,
  generated through fermentation processes.

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Lactic Acid Market Drivers The Growing Demand
for Lactic Acid in Food and Beverage Applications
is Propelling the Growth of the Lactic Acid
Market Lactic acid is considered a critical
constituent in food and beverage products owing
to its distinct functional qualities. The
extensive series of applications of lactic acid
in the food and beverage sector, as well as the
assortment of functional advantages provided by
food acidulants, are fuelling the growth of the
Lactic Acid Market.
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• Lactic Acid Market Industry Outlook 
• Galactic
• Corbion N.V.
• Cargill Incorporated
• DuPont de Nemour Inc.
• Vigon International Inc.
• Henan Jindan Lactic Acid Technology Co. Ltd.
• BASF SE
• Mitushi Biopharma

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Lactic Acid Market Forecast (2022 -
2027) Learn More About the Report _at_
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cid-market.html
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• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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