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市場調查報告書
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1736673

全球乳酸市場規模:依原料、形式、應用、地區、預測

Global Lactic Acid Market Size By Raw Material (Sugarcane, Corn, Yeast Extract), By Form (Dry, Liquid), By Application (Polylactic Acid, Food & Beverages, Pharmaceutical, Cosmetics & Personal Care), By Geographic Scope And Forecast

出版日期: | 出版商: Verified Market Research | 英文 202 Pages | 商品交期: 2-3個工作天內

價格
簡介目錄

乳酸市場規模及預測

2024 年乳酸市場規模價值 47.8 億美元,預計到 2032 年將達到 120 億美元,2026 年至 2032 年的複合年成長率為 12.2%。

乳酸是一種羧酸化合物,在低氧濃度條件下,尤其是在劇烈運動時,肌肉在無氧呼吸過程中會自然產生。

某些細菌(包括食品生產中常用的乳酸菌)在發酵碳水化合物的過程中也會產生乳酸。這種化學物質以其酸味而聞名,存在於各種乳製品中,例如優格和Kefir,以及醃製菜餚中。

此外,乳酸具有廣泛的工業應用:在食品工業中,它充當防腐劑和調味劑,改善發酵食品的口感;在化妝品中,它充當保濕劑和去角質劑,增強皮膚健康。

全球乳酸市場動態

影響乳酸市場的關鍵市場動態是:

關鍵市場促進因素

對天然和生物分解性塑膠的需求不斷成長:環保意識的增強以及向永續材料的轉變,正在推動生物分解性聚合物的需求,尤其是乳酸衍生聚合物。根據歐洲生物塑膠協會 (European Bioplastics) 的報告,全球生質塑膠產能預計將從 2020 年的約 211 萬噸增至 2025 年的約 287 萬噸。由乳酸生產的聚乳酸 (PLA) 可能是這一擴張的主要驅動力,預計到 2025 年其產能將增加 60%。

食品飲料產業應用不斷擴展:乳酸作為食品防腐劑和調味劑的廣泛應用正在推動其市場擴張。根據聯合國糧食及農業組織 (FAO) 的數據,預計到 2025 年,全球加工食品市場規模將達到 7.3 兆美元,2020 年至 2025 年的複合年成長率為 4.5%。這一擴張導致對乳酸等食品添加劑的需求增加。

個人護理和化妝品中乳酸的應用日益廣泛:乳酸在個人護理和化妝品中的應用日益廣泛,尤其是在抗衰老和美白配方中,這正在推動市場擴張。根據歐睿國際(Euromonitor International)的數據,預計到2025年,全球美容和個人護理產業規模將達到7,846億美元,2020年至2025年的複合年成長率為3.7%。

主要挑戰

生產成本高:由於創新技術和基礎設施需要大量的前期投資,中小企業難以競爭。高昂的價格阻礙了新進入者的進入,也限制了現有企業擴張和投資新生產方法的能力,從而抑制了整體市場的成長。

品質與技術問題:品質和技術問題也是乳酸市場成長的主要障礙。新興經濟體缺乏有效利用乳酸的製程技術,導致產品品質不穩定。此外,食品和飲料領域對乳酸品質的監管測試也為製造商帶來了障礙,使市場動態複雜化,並限制了成長潛力。

主要趨勢:

生物分解性聚合物需求不斷成長:隨著人們對永續性和環境保護的日益重視,對生物分解性聚合物(例如以乳酸為基礎的聚乳酸 (PLA))的需求激增。 PLA 用途廣泛,包括食品包裝、紡織品和汽車零件。隨著消費者環保意識的日益增強,未來幾年乳酸基生質塑膠市場可能會大幅擴張。

乳酸在個人保健產品中日益普及:乳酸因其能夠修復乾燥皮膚、減少痤瘡和改善膚質的功效而廣泛應用於個人護理行業。它常用於洗面乳、保濕霜和精華液等護膚產品。人們對天然有效的護膚產品的需求日益成長,推動了乳酸在個人護理行業的應用。

乳酸生產技術的進步:乳酸生產技術的進步提高了生產效率、降低了價格並提升了產品品質。各公司正加大研發投入,開發利用各種原料(包括農業廢棄物和其他產品)生產乳酸的新技術。預計這些進步將在未來幾年推動乳酸市場的擴張。

目錄

第1章全球乳酸市場簡介

  • 市場概覽
  • 研究範圍
  • 先決條件

第2章執行摘要

第3章:已驗證的市場研究調查方法

  • 資料探勘
  • 驗證
  • 第一手資料
  • 資料來源列表

第4章 全球乳酸市場展望

  • 概述
  • 市場動態
    • 驅動程式
    • 限制因素
    • 機會
  • 波特五力模型
  • 價值鏈分析

第5章全球乳酸市場(按原始材料)

  • 概述
  • 甘蔗
  • 玉米
  • 酵母萃取物
  • 其他

6. 全球乳酸市場(按形態)

  • 概述
  • 液體
  • 烘乾

第7章全球乳酸市場應用

  • 概述
  • 聚乳酸
  • 食品/飲料
  • 製藥
  • 化妝品和個人護理
  • 其他

第8章全球乳酸市場(按地區)

  • 概述
  • 北美洲
    • 美國
    • 加拿大
    • 墨西哥
  • 歐洲
    • 德國
    • 英國
    • 法國
    • 其他歐洲國家
  • 亞太地區
    • 中國
    • 日本
    • 印度
    • 其他亞太地區
  • 世界其他地區
    • 拉丁美洲
    • 中東和非洲

第9章全球乳酸市場競爭格局

  • 概述
  • 各公司市場排名
  • 主要發展策略

第10章 公司簡介

  • BASF SE
  • Corbion
  • NatureWorks LLC
  • CELLULAC
  • Galactic
  • Henan Jindan Lactic Acid Technology Co. Ltd.
  • Danimer Scientific
  • Vaishnavi Bio Tech
  • thyssenkrupp AG
  • Futerro

第11章 重大進展

  • 產品發布/開發
  • 合併與收購
  • 業務擴展
  • 夥伴關係與合作

第12章 附錄

  • 相關調查
簡介目錄
Product Code: 38684

Lactic Acid Market Size and Forecast

Lactic Acid Market size was valued at USD 4.78 Billion in 2024 and is projected to reach USD 12 Billion by 2032, growing at a CAGR of 12.2% from 2026 to 2032.

Lactic acid is a chemical compound that belongs to the carboxylic acid family. It is naturally created in muscles during anaerobic respiration when oxygen levels are low, especially during strenuous activity.

Lactic acid is also produced during the fermentation of carbohydrates by certain bacteria, such as Lactobacillus, which is widely employed in food manufacturing. This chemical is noted for its sour flavor and is found in a variety of dairy products such as yogurt and kefir, as well as pickled dishes.

Furthermore, lactic acid has a wide range of industrial applications. In the food industry, it acts as a preservative and flavoring ingredient, improving the taste of fermented foods. In cosmetics, it functions as both a moisturizer and an exfoliator, boosting skin health.

Global Lactic Acid Market Dynamics

The key market dynamics that are shaping the lactic acid market include:

Key Market Drivers

Growing Demand for Natural and Biodegradable Plastics: The growing awareness of environmental issues, as well as the transition to sustainable materials, are driving demand for biodegradable polymers, especially those derived from lactic acid. According to a European Bioplastics report, worldwide bioplastics production capacity is expected to rise from around 2.11 million tons in 2020 to around 2.87 million tons by 2025. Polylactic acid (PLA), generated from lactic acid, is likely to be a major driver of this expansion, with production capacity expected to rise by 60% by 2025.

Expanding Applications in the Food and Beverage Industry: Lactic acid's broad use as a food preservative and flavoring additive is driving market expansion. According to the Food and Agriculture Organization (FAO), the worldwide processed food market is predicted to reach USD 7.3 Trillion by 2025, with a CAGR of 4.5% between 2020 and 2025. This expansion is increasing the demand for food additives such as lactic acid.

Rising Adoption in Personal Care and Cosmetics Products: The rising use of lactic acid in personal care and cosmetics products, particularly anti-aging and skin-lightening formulations, is driving market expansion. According to Euromonitor International, the worldwide beauty and personal care industry is estimated to reach $784.6 billion by 2025, rising at a 3.7% CAGR between 2020 and 2025.

Key Challenges:

High Production Costs: Smaller and medium-sized businesses struggle to compete due to the significant upfront investment necessary for innovative technology and infrastructure. These high prices discourage new competitors from entering the market and limit current companies' capacity to expand operations or invest in novel manufacturing methods, stifling overall market growth.

Quality and Technology Concerns: Concerns about quality and technology are also important barriers to growth in the lactic acid market. In emerging economies, there is a shortage of process-specific technology for effectively using lactic acid, resulting in inconsistent product quality. Furthermore, regulatory inspection of the quality of lactic acid used in food and beverage applications raises barriers for manufacturers, complicates market dynamics, and limits growth potential.

Key Trends:

Increasing Demand for Biodegradable Polymers: The increased emphasis on sustainability and environmental preservation has resulted in a surge in demand for biodegradable polymers such as polylactic acid (PLA), which is predominantly made from lactic acid. PLA is utilized in a variety of applications, including food packaging, textiles, and automobile parts. As customers become more environmentally sensitive, the market for lactic acid-based bioplastics is likely to expand significantly in the coming years.

Rising Popularity of Lactic Acid in Personal Care Products: Lactic acid is used in the personal care business because it can heal dry skin, minimize acne, and improve skin texture. It is frequently used in skincare products such as face cleansers, moisturizers, and serums. The growing desire for natural and effective skincare treatments is propelling the use of lactic acid in the personal care industry.

Advancements in Lactic Acid Production Technology: Technological advancements in lactic acid production techniques have resulted in enhanced efficiency, reduced prices, and higher product quality. Companies are investing in R&D to create new technologies for producing lactic acid from a broader range of feedstocks, including agricultural waste and byproducts. These advances are projected to accelerate the expansion of the lactic acid market in the coming years.

Global Lactic Acid Market Regional Analysis

Here is a more detailed regional analysis of the lactic acid market:

North America:

According to Verified Market Research, North America is estimated to dominate in lactic acid market over the forecast period. Consumers in North America are increasingly demanding natural and clean-label food goods, which has led to the usage of lactic acid as a natural preservative. According to the Food and Drug Administration (FDA), 55% of U.S. consumers are more likely to purchase a product classified as "natural." According to the Clean Label Alliance, 75% of US customers check ingredient labels before purchasing food goods. This tendency is driving up demand for lactic acid in the food business, as it is seen as a natural alternative to synthetic preservatives.

Furthermore, the North American bioplastics industry is rapidly expanding, increasing demand for lactic acid as a critical raw material. According to the US Department of Agriculture (USDA), the biobased goods business contributed USD 470 Billion to the US economy in 2020. According to the analysis, the usage of biobased goods saves around 300 million gallons of petroleum per year in the United States, which is equivalent to taking 200,000 cars off the road. According to Verified Market Research, the manufacturing of polylactic acid (PLA), a biodegradable plastic derived from lactic acid, is predicted to increase at a 15% CAGR in North America between 2021 and 2028.

Asia Pacific:

The Asia Pacific region is estimated to exhibit the highest growth within the market during the forecast period. The Asia Pacific region's food and beverage industry is rapidly expanding, increasing demand for lactic acid as a preservative and flavoring agent. According to a Food and Agriculture Organization (FAO) report, the Asia Pacific food and beverage market is expected to reach USD 3.23 Trillion by 2025, rising at a 7.2% CAGR from 2020-2025. According to the China Food Industry Association, the country's food additive market, which includes lactic acid, would grow by 22.7% in 2020 to 160 billion yuan (about USD 24.8 Billion USD).

Furthermore, the growing personal care and cosmetics sector in the Asia Pacific is driving up demand for lactic acid in skincare products. According to the Asia Cosmetic Market Guide 2021, the Asia Pacific beauty and personal care market is expected to develop at a 6.3% CAGR between 2020 and 2025, reaching USD 242 Billion by 2025. According to the report, the skincare category, which heavily relies on lactic acid, accounts for 46% of the region's entire beauty market. Despite the pandemic, Japan's Ministry of Economy, Trade, and Industry reports that cosmetics shipment value exceeded 1.52 trillion yen (about USD 13.9 Billion USD) in 2020.

Global Lactic Acid Market: Segmentation Analysis

The Lactic Acid Market is segmented based on Raw Material, Form, Application, and Geography.

Lactic Acid Market, By Raw Material

  • Sugarcane
  • Corn
  • Yeast Extract
  • Others

Based on Raw Material, the market is segmented into Sugarcane, Corn, Yeast Extract, and Others. The sugarcane segment is estimated to dominate the lactic acid market during the forecast period. Sugarcane is readily available and commonly employed in the manufacturing of lactic acid due to its low cost and large-scale availability. The corn segment is also predicted to expand significantly in the coming years as a more sustainable and cost-effective alternative to sugarcane. However, yeast extract, while a feasible alternative, is slightly more expensive than sugarcane and maize.

Lactic Acid Market, By Form

  • Liquid
  • Dry

Based on Form, the market is segmented into Liquid and Dry. The liquid segment is estimated to dominate the lactic acid market due to its broad use in a variety of applications, particularly in food and drinks. Liquid lactic acid is popular for its ease of inclusion into formulations, making it an ideal choice for food acidulants and preserves. Furthermore, the liquid form is required for the creation of biodegradable polymers, which contributes to its market domination. As industries seek more sustainable solutions, the need for liquid lactic acid is likely to increase.

Lactic Acid Market, By Application

  • Polylactic Acid
  • Food & Beverages
  • Pharmaceutical
  • Cosmetics & Personal Care
  • Others

Based on Application, the market is divided into Polylactic Acid, Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care, and Others. The polylactic acid segment is estimated to dominate the market over the forecast period, driven by rising demand for sustainable and biodegradable materials. As companies explore environmentally acceptable alternatives to standard plastics, polylactic acid, generated from lactic acid, has emerged as a top choice for packaging, textiles, and medical equipment. This trend is fueled by rising consumer awareness and regulatory support for ecologically friendly products, establishing polylactic acid as a key market driver.

Lactic Acid Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Based on Geography, the Lactic Acid Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. North America is estimated to dominate the lactic acid market owing to its huge consumer base in a variety of industries, including food and drinks, personal care, and pharmaceuticals. The region's well-established infrastructure, as well as the presence of key firms such as Cargill and DuPont, all contribute to its dominant position. Furthermore, the growing demand for biodegradable plastics and sustainable products strengthens North America's position, ensuring continuous growth and market leadership during the forecast period.

Key Players

  • The "Lactic Acid Market" study report will provide valuable insight emphasizing the global market. The major players in the market are BASF SE, Galactic, Musashino Chemical Co. Ltd., Futerro, Corbion, Dow, TEIJIN LIMITED, NatureWorks LLC, and Henan Jindan Lactic Acid Technology Co. Ltd.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

  • Lactic Acid Market Recent Developments
  • In August 2022, LG Chem and ADM formed a partnership to expand the production of lactic acid products in South Korea. The companies plan to annually produce about 150,000 tons of high-purity, corn-based lactic acid and 75,000 tons of polylactic acid, which are ideal for use in plant-based solutions.
  • In June 2021, International Flavors and Fragrances (IFF) launched YO-MIX ViV, a lactic acid bacteria culture targeting the Asia-Pacific market, with a focus on China.
  • In April 2021, Total Corbion PLA began the front-end engineering design stage for its new 100,000-ton-per-year polylactic acid (PLA) factory in Grandpuits, France. The facility will be the first of its kind in Europe and is set to open in 2024, positioning Total Corbion PLA as the global market leader in PLA to meet the increasing demand for Luminy PLA resins.

TABLE OF CONTENTS

1 INTRODUCTION OF GLOBAL LACTIC ACID MARKET

  • 1.1 Overview of the Market
  • 1.2 Scope of Report
  • 1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

  • 3.1 Data Mining
  • 3.2 Validation
  • 3.3 Primary Interviews
  • 3.4 List of Data Sources

4 GLOBAL LACTIC ACID MARKET OUTLOOK

  • 4.1 Overview
  • 4.2 Market Dynamics
    • 4.2.1 Drivers
    • 4.2.2 Restraints
    • 4.2.3 Opportunities
  • 4.3 Porters Five Force Model
  • 4.4 Value Chain Analysis

5 GLOBAL LACTIC ACID MARKET, BY RAW MATERIAL

  • 5.1 Overview
  • 5.2 Sugarcane
  • 5.3 Corn
  • 5.4 Yeast Extract
  • 5.5 Others

6 GLOBAL LACTIC ACID MARKET, BY FORM

  • 6.1 Overview
  • 6.2 Liquid
  • 6.3 Dry

7 GLOBAL LACTIC ACID MARKET, BY APPLICATION

  • 7.1 Overview
  • 7.2 Polylactic Acid
  • 7.3 Food & Beverages
  • 7.4 Pharmaceutical
  • 7.5 Cosmetics & Personal Care
  • 7.6 Others

8 GLOBAL LACTIC ACID MARKET, BY GEOGRAPHY

  • 8.1 Overview
  • 8.2 North America
    • 8.2.1 U.S.
    • 8.2.2 Canada
    • 8.2.3 Mexico
  • 8.3 Europe
    • 8.3.1 Germany
    • 8.3.2 U.K.
    • 8.3.3 France
    • 8.3.4 Rest of Europe
  • 8.4 Asia Pacific
    • 8.4.1 China
    • 8.4.2 Japan
    • 8.4.3 India
    • 8.4.4 Rest of Asia Pacific
  • 8.5 Rest of the World
    • 8.5.1 Latin America
    • 8.5.2 Middle East and Africa

9 GLOBAL LACTIC ACID MARKET COMPETITIVE LANDSCAPE

  • 9.1 Overview
  • 9.2 Company Market Ranking
  • 9.3 Key Development Strategies

10 COMPANY PROFILES

  • 10.1 BASF SE
    • 10.1.1 Overview
    • 10.1.2 Financial Performance
    • 10.1.3 Product Outlook
    • 10.1.4 Key Developments
  • 10.2 Corbion
    • 10.2.1 Overview
    • 10.2.2 Financial Performance
    • 10.2.3 Product Outlook
    • 10.2.4 Key Developments
  • 10.3 NatureWorks LLC
    • 10.3.1 Overview
    • 10.3.2 Financial Performance
    • 10.3.3 Product Outlook
    • 10.3.4 Key Developments
  • 10.4 CELLULAC
    • 10.4.1 Overview
    • 10.4.2 Financial Performance
    • 10.4.3 Product Outlook
    • 10.4.4 Key Developments
  • 10.5 Galactic
    • 10.5.1 Overview
    • 10.5.2 Financial Performance
    • 10.5.3 Product Outlook
    • 10.5.4 Key Developments
  • 10.6 Henan Jindan Lactic Acid Technology Co. Ltd.
    • 10.6.1 Overview
    • 10.6.2 Financial Performance
    • 10.6.3 Product Outlook
    • 10.6.4 Key Developments
  • 10.7 Danimer Scientific
    • 10.7.1 Overview
    • 10.7.2 Financial Performance
    • 10.7.3 Product Outlook
    • 10.7.4 Key Developments
  • 10.8 Vaishnavi Bio Tech
    • 10.8.1 Overview
    • 10.8.2 Financial Performance
    • 10.8.3 Product Outlook
    • 10.8.4 Key Developments
  • 10.10 thyssenkrupp AG
    • 10.10.1 Overview
    • 10.10.2 Financial Performance
    • 10.10.3 Product Outlook
    • 10.10.4 Key Developments
  • 10.10 Futerro
    • 10.10.1 Overview
    • 10.10.2 Financial Performance
    • 10.10.3 Product Outlook
    • 10.10.4 Key Developments

11 KEY DEVELOPMENTS

  • 11.1 Product Launches/Developments
  • 11.2 Mergers and Acquisitions
  • 11.3 Business Expansions
  • 11.4 Partnerships and Collaborations

12 Appendix

  • 12.1 Related Research