#Lactic Acid Market 2024

[janetushar1]

Lactic Acid Market to Hit $6.23 Billion by 2032

What's Trending in Lactic Acid Market?

- Keep Yourself Up-To-Date With The Latest Market Trends.

The global Lactic Acid Market was valued at USD 3.5 Billion in 2024 and it is estimated to garner USD 6.23 Billion by 2032 with a registered CAGR of 8.6% during the forecast period 2024 to 2032.

Firstly, the Market report for Lactic Acid Market describes the current state of the companies and recommends where it is likely to go next. The report shows the production, revenue, price, market share, and growth rate of each type, mainly divided into Product Types and Product Applications etc.

Additionally, this market report focuses on offering key business measures such as real market moves, market size, qualities, and freedoms, as well as forecast opportunities. This Lactic Acid Market report also offers distinctive insights into wealthy regions such as Europe, North America, the Middle East, Africa, and Latin America.

Get a Sample Copy of the Lactic Acid Market Report at: https://www.vantagemarketresearch.com/lactic-acid-market-1150/request-sample

Top Competitors:

DuPont (US), Corbion (Netherlands), Cargill (US), DOW (US), Galactic (Belgium), Unitika (Japan), Sulzer (Switzerland), Henan Jindan Lacic Acid Technology (China), Mushashino Chemical (Japan), Danimer Scientific (US), Vigon International (US), Henan Xinghan Biology Technology (China), COFCO BioChemical (China), Vaishnavi Biotech (India), Spectrum Chemicals (US), Jungbunzlauer (Switzerland), FoodChem International (China), Godavari Bio-refineries (India), Qingdao Abel Technology (US), and ProAgro GmbH (Austria).

This market report has all the information you need to start or grow your business in the industry. It also includes market drivers, restraints, competitiveness, and geographic estimates, as well as a price and emerging market structure. It is a complete description of a company's business model, benchmarks, consumer preferences, value proposition, and net profit. This comprehensive Lactic Acid Market study also sheds light on key techniques that help companies truly assess their customers' buying behavior.

It represents global economic trends between 2024 and 2032. With the help of this market research, top companies can easily make smarter financial decisions. This market analysis is an excellent technique to help companies implement new products. It also includes critical data on major industry topics, including market expansions and evolving market conditions.

This well-researched Lactic Acid Market report describes the negative impact COVID-19 is having on various companies and offers companies recommendations on how to recover from the damage suffered by the outbreak as well as the nationwide quarantine. The plan analyzes the company's expectations and priorities, as well as the delivery of all crucial data.

You Can Buy This Report From Here: https://www.vantagemarketresearch.com/buy-now/lactic-acid-market-1150/0

This report analyzes key market segments by type, application, and geography. The geographic analysis section covers key regions such as Europe, North America, the Middle East, Africa, and the Asia-Pacific region.

This Lactic Acid Market report not only provides valuable data but outlines key goals, pricing strategies, and approaches to help market participants' recommendations in this report will make accelerating economic growth easy. It offers some specific tips and business-related data to help new competitors in the market grow their businesses and diversify their product lines. Companies in the industry should choose tactics that include new product launches, mergers, and partnerships to survive in the competitive marketplace and strengthen their position.

Regional Analysis

-North America [United States, Canada, Mexico]

-South America [Brazil, Argentina, Columbia, Chile, Peru]

-Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]

-Middle East & Africa [GCC, North Africa, South Africa]

-Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]

The quantitative information in this Lactic Acid Market analysis helps predict future sales and market penetration. This type of information is based on statistics. The qualitative information provided here will greatly help the key players understand the buyer's opinion of your brand. Improving business goals becomes easy with the information provided in this report.

The industries can draw some conclusions about their original goals. In business. This Lactic Acid Market research helps you make assumptions about your competition, customers, and the market in order to make informed business decisions. Additionally, it forecasts the competition in the market for the estimated period of 2024-2032. Effective decision-making in companies leads to business growth and is made possible by this precise market study.

Read Full Research Report with [TOC] @ https://www.vantagemarketresearch.com/industry-report/lactic-acid-market-1150

Some of the Key Questions Answered in this Report:

Which are the five top players of the Lactic Acid Market?

How will the Lactic Acid Market change in the upcoming years?

Which product and application will take a share of the Lactic Acid Market?

What will be the CAGR and size of the Lactic Acid Market throughout the forecast period?

What are the drivers and restraints of the Lactic Acid Market?

Which regional market will show the highest growth?

What is the current industry size, what will the market size be in 2030 and what will the growth rate be?

Who are the major competitors and what is their strategy?

What are the challenges to grow in the industry?

What are the market opportunities and challenges faced by the key vendors?

What are the barriers to entry for new players in the Lactic Acid industry?

Check Out More Reports

Global Space Tourism Market :  Report Forecast by 2032

Global Smart Solar Market: Report Forecast by 2032

Global Marché des adhésifs et des mastics: Report Forecast by 2032

Global Vehicle Telematics Market: Report Forecast by 2032

Global Unmanned Aerial Vehicle (UAV) Market: Report Forecast by 2032

[global-research-report]

Global Lactic Acid Market: Key Drivers and Opportunities for 2024

The global lactic acid market was valued at approximately USD 3.37 billion in 2023 and is projected to expand at a robust compound annual growth rate (CAGR) of 8.0% from 2024 to 2030. The growing demand for lactic acid across various end-use industries, particularly in emerging economies like India, China, and Indonesia, is expected to significantly drive market growth during the forecast period. These regions are seeing increasing applications of lactic acid in sectors such as pharmaceuticals and food & beverages, further boosting its market potential.

Lactic acid plays a pivotal role in the production of polylactic acid (PLA), a biodegradable and compostable thermoplastic polymer derived from renewable sources, typically through fermentation processes. This polymer has gained significant attention for its environmentally friendly properties. Lactic acid itself is classified as Generally Recognized As Safe (GRAS) by the United States Food and Drug Administration (FDA), making it a highly trusted ingredient in the food industry. Its non-toxic and safe profile enhances its appeal, particularly in food production and preservation.

Furthermore, lactic acid can be produced either through traditional chemical synthesis methods or, more commonly, through fermentation processes, which are considered more sustainable. The combination of its versatility, eco-friendly properties, and widespread applications across diverse industries positions lactic acid as a highly promising chemical with strong growth prospects in the coming years.

Regional Insights

North America:

In 2023, North America held the dominant position in the global lactic acid market, capturing a significant revenue share of 45.2%. This leading market share can be largely attributed to the robust growth of several key industries, including personal care, pharmaceuticals, and food & beverages, all of which are substantial consumers of lactic acid. A particular driver of growth in North America is the expanding pharmaceutical sector in the United States. Increased spending on healthcare, particularly in the form of medicines, is expected to have a favorable impact on the demand for lactic acid in this region.

The North American market is poised for further growth, driven by the presence of numerous major personal care and cosmetic companies, such as Maybelline New York, Procter & Gamble, Colgate-Palmolive, Avon, Unilever, and Johnson & Johnson Private Limited. The strong manufacturing and operational bases of these global giants in the U.S. are expected to significantly boost the demand for lactic acid, particularly for its use in personal care products. Procter & Gamble, Unilever, and Johnson & Johnson Private Limited, in particular, are well-established in the region, and their continued expansion is set to further increase lactic acid consumption in cosmetics and personal care formulations.

In addition to personal care, the demand for lactic acid is also being spurred by growing interest in polylactic acid (PLA), a biodegradable plastic derived from lactic acid. The U.S. government's initiatives aimed at reducing carbon emissions and promoting sustainable packaging are contributing to the increased adoption of PLA, especially in packaging applications. As the demand for sustainable and environmentally friendly materials rises, PLA's popularity is expected to fuel further growth in the lactic acid market.

The continued expansion of the pharmaceutical and personal care industries, coupled with the rising demand for eco-friendly alternatives like PLA, positions North America as a key driver of the lactic acid market's growth over the forecast period. As these industries continue to grow and evolve, the demand for lactic acid is likely to follow suit, further solidifying North America's dominant position in the global market.

Browse through Grand View Research's Category Specialty Polymers Industry Research Reports.

The global aseptic packaging market size was valued at USD 77.1 million in 2024 and is projected to grow at a CAGR of 10.8% from 2025 to 2030.

The global fluoropolymer films market size was valued at USD 1.09 billion in 2023 and is projected to grow at a CAGR of 12.9% from 2024 to 2030.

 

Companies in the global lactic acid market are increasingly engaging in strategic mergers and acquisitions to strengthen their manufacturing capabilities, diversify their product portfolios, and offer a competitive range of lactic acid-based products. These efforts are aimed at enhancing market presence and driving revenue growth. Key players in the market are focusing on expanding their production capacities and geographical footprints to capture a larger share of the growing lactic acid market.

A significant trend among manufacturing companies is the expansion of production facilities in regions such as North America, Asia Pacific, and Europe. These regions are attractive due to the easy availability of raw materials and the proximity to key suppliers, which helps reduce logistics costs and improve supply chain efficiency. By establishing or upgrading facilities in these regions, companies are able to scale their operations more effectively while maintaining close ties to their raw material sources, thereby ensuring a steady supply of the key inputs needed for lactic acid production.

For example, in June 2023, Sulzer, a global leader in applied chemical technologies, entered into a partnership agreement with Jindan New Biomaterials (Jindan), a leading producer of lactic acid. This collaboration aims to advance the manufacturing of polylactic acid (PLA), a biodegradable and sustainable bioplastic derived from lactic acid. Under the terms of the partnership, Jindan will utilize Sulzer's licensed PLA production technology at its newly established facility in Henan Province, China. The facility is expected to produce up to 75,000 tonnes of PLA annually, significantly increasing Jindan's production capacity and positioning the company to meet the growing global demand for eco-friendly bioplastics.

Key lactic acid Companies:

The following are the leading companies in the lactic acid market. These companies collectively hold the largest market share and dictate industry trends. Financials, strategy maps & products of these lactic acid companies are analyzed to map the supply network.

BASF SE

Galactic

Musashino Chemical (China) Co., Ltd.

Futerro

Corbion

Dow

TEIJIN LIMITED

NatureWorks LLC

Henan Jindan Lactic Acid Technology Co. Ltd.

thyssenkrupp AG

Cellulac

Jungbunzlauer Suisse AG

Vaishnavi Bio Tech

Danimer Scientific

Order a free sample PDF of the Market Intelligence Study, published by Grand View Research.

[profshare-news]

Lactic Acid Market is driven by increasing applications and shifting toward more sustainable products

Lactic Acid Market is expected to show an impressive growth rate due rising applications and shifting toward more sustainable products. According to a recent report by Profshare Market Research, Global Lactic Acid Market is expected to reach USD 6066.68 million by 2030, with a compound annual growth rate (CAGR) of 9.2 % between 2024 and 2030.

Access Full Report: https://www.profsharemarketresearch.com/lactic-acid-market/

[ananya5400]

Functional Food Ingredients Market Size, Share, Trends, Growth - Cargill, Incorporated, BASF SE, ADM, International Flavors & Fragrances Inc., Arla Foods amba

The global functional food ingredients market is valued at USD 119.2 billion in 2024 and is projected to grow at a CAGR of 6.8%, reaching USD 165.8 billion by 2029. This market is undergoing significant changes and innovations, driven by consumers’ desire for wholesome and sustainably sourced products that provide health benefits beyond basic nutrition. Functional food ingredients are essential in catering to the growing emphasis on health and wellness among consumers, offering advantages such as improved digestion, enhanced immunity, and better heart health.

As health consciousness rises and lifestyle-related diseases become more prevalent, consumers are actively pursuing products that promote their well-being. This trend has led to an increased demand for functional food ingredients. For example, a February 2022 article from the National Center for Biotechnology Information (NCBI) highlights that individuals aged 65 and older show a strong preference for various functional foods, such as yogurt with lactic acid bacteria, likely due to their heightened health concerns. As consumers continue to prioritize health and seek products with added benefits, the demand for functional food ingredients is expected to grow, further fueling market expansion.

Functional Food Ingredients Market Overview

The functional food ingredients market encompasses a wide range of ingredients added to foods to provide health benefits beyond basic nutrition. These ingredients may include probiotics, prebiotics, vitamins, minerals, fiber, and bioactive compounds. They are incorporated into various food products, including dairy, beverages, baked goods, snacks, and dietary supplements.

Key Trends:

Health and Wellness: Consumers are increasingly looking for foods that offer health benefits, such as enhanced immune support, digestive health, and cardiovascular health.

Natural Ingredients: There is a growing demand for natural and organic functional food ingredients, driven by a shift towards clean label products.

Personalization: The trend towards personalized nutrition is gaining traction, with consumers seeking tailored functional foods that meet their specific health needs.

Innovative Products: Manufacturers are investing in research and development to create innovative functional food products, such as fortified snacks and beverages.

Challenges:

Despite the growth potential, the market faces challenges such as regulatory hurdles, concerns about ingredient safety, and varying consumer perceptions of functional foods. Additionally, competition from alternative health products and dietary supplements can pose a threat to the functional food ingredients market.

Future Outlook:

The functional food ingredients market is poised for continued growth, driven by ongoing research into the health benefits of functional ingredients and increasing consumer demand for healthier food options. As manufacturers innovate and expand their product lines, the market is expected to evolve, offering more diverse and effective functional food solutions.

Food, By Application, Accounted for The Highest Market Share Among Form Segment In 2023.

With the largest market share of all the segments, the food segment emerged as the dominant segment in the market for functional food ingredients. The market for functional food ingredients is experiencing growth fuelled by a rising preference for convenient, nutritious food options and an increasing demand for fortified food and beverage products. This expansion is driven by a rapidly growing health-conscious population, especially evident in emerging markets, which seek out fortified food products incorporating functional food ingredients.

Functional foods are becoming increasingly popular among consumers who are looking for specific health benefits like better digestion, immune system support, or increased energy levels in addition to nutritional value.

To satisfy the many demands and inclinations of health-conscious consumers, food manufacturers are actively introducing functional ingredients into a broad variety of food products, from snacks and beverages to dairy products and baked goods by meeting sustainability demands. For instance, in March 2023, ADM introduced the Knwble Grwn brand of functional food ingredients, aimed at offering consumers sustainably sourced, plant-based food ingredients that prioritize wholesomeness. These products are cultivated by small or underrepresented farmers utilizing regenerative agricultural practices, contributing to environmental conservation efforts. This new brand aligns with ADM’s existing sustainability initiatives, further reinforcing the company’s commitment to environmental stewardship and responsible sourcing practices.

Top Functional Food Ingredients Companies:

The key players in this market include Cargill, Incorporated (US), BASF SE (Germany), ADM (US), International Flavors & Fragrances Inc. (US), Arla Foods amba (Denmark), Kerry Group plc (Ireland), Ajinomoto Co., Inc. (Japan), DSM (Netherlands), Ingredion (US), and Tate & Lyle (UK).

Functional Food Ingredients Industry News:

In February 2024, Cargill, Incorporated (US) and ENOUGH (UK) expanded their partnership to innovate sustainable protein options using ENOUGH’s fermented mycoprotein technology. Cargill, Incorporated’s investment, and commercial agreement will boost ABUNDA mycoprotein production, known for its meat-like texture and sustainability. This partnership allows Cargill, Incorporated to tap into the growing demand for alternative protein sources, enhancing its position in the functional food ingredients market and leveraging its global footprint to scale up production efficiently.

In September 2023, BASF SE (Germany) unveiled Product Carbon Footprints (PCFs) for selected human nutrition ingredients including Vitamin AP 1,7 TOC and Vitamin E Acetate 98%. Certified methodology reveals at least 20% lower emissions compared to the global market average. This initiative, under ISO 14067:2018, aids BASF SE in offering a competitive advantage while supporting customer emission reduction goals. By showcasing superior PCFs for functional food ingredients, this initiative not only strengthens BASF’s competitive edge but also enhances its reputation as a sustainable leader in the functional food ingredients market, fostering trust and loyalty among consumers and partners.

[insightfulblogz]

Biopreservation Market Type, Dynamics, and Industry Analysis by 2032

Biopreservation is an innovative method used to enhance the shelf life and safety of food products and pharmaceuticals through the use of natural or controlled microbiota and their by-products. This approach leverages the inherent properties of microorganisms, such as lactic acid bacteria, yeasts, and molds, to inhibit the growth of spoilage and pathogenic organisms, thereby maintaining product quality and safety. As global demand for safe, high-quality food products and pharmaceuticals continues to rise, biopreservation offers a sustainable alternative to synthetic preservatives, aligning with the increasing consumer preference for clean-label products that emphasize natural ingredients.

In the biotechnology sector, biopreservation plays a crucial role in the storage and transportation of biological materials, such as cell lines, tissues, and organ transplants. By employing biopreservation techniques, such as cryopreservation and controlled freezing, researchers and medical professionals can extend the viability of these materials, ensuring their effectiveness for therapeutic applications. With advancements in technology and growing awareness of the benefits of biopreservation, the field is poised for significant growth as it meets the evolving demands of the food and pharmaceutical industries.

The Biopreservation Market size was estimated at USD 2.82 billion in 2023 and is expected to reach USD 9.6 billion by 2032 at a CAGR of 28.4% during the forecast period of 2024-2032.

Future Growth

The biopreservation market is set to experience robust growth in the coming years, driven by increasing consumer awareness regarding food safety and quality, as well as the rising demand for biopreserved pharmaceuticals. As health-conscious consumers seek products free from artificial additives, manufacturers are turning to biopreservation techniques to extend shelf life while adhering to clean-label standards. Additionally, the increasing trend towards functional foods and nutraceuticals, which often require effective preservation methods to maintain bioactivity, further enhances the prospects for biopreservation.

Furthermore, the growing emphasis on sustainability within the food industry is propelling interest in biopreservation methods. By reducing food waste and extending the shelf life of products without compromising quality, biopreservation aligns with environmental goals and consumer preferences. The pharmaceutical sector is also witnessing a shift towards biopreservation as biobanks and tissue banks expand to store biological samples for research and therapeutic applications. As regulatory agencies continue to support biopreservation techniques and technologies, the market is anticipated to expand significantly over the next decade.

Drivers

Several factors are driving the growth of the biopreservation market. One of the primary drivers is the increasing incidence of foodborne illnesses and contamination, which has heightened consumer awareness and regulatory scrutiny regarding food safety. Biopreservation methods, utilizing natural microorganisms, provide an effective means of mitigating these risks and ensuring the safety of food products. As consumers prioritize health and safety, manufacturers are increasingly adopting biopreservation techniques to enhance their product offerings and build consumer trust.

Another significant factor is the expanding pharmaceutical sector, which relies heavily on biopreservation techniques for the storage and transport of biological materials. With the rise of personalized medicine and advanced therapies, the demand for biopreserved cells, tissues, and organs is escalating. Biopreservation not only ensures the longevity of these materials but also maintains their functional integrity, making it an essential component of modern biopharmaceutical research and development. Moreover, the growing trend towards sustainable practices in both food and pharmaceuticals has further fueled interest in biopreservation, as these methods align with environmental and health-conscious initiatives.

Key Takeaways

Biopreservation enhances the safety and shelf life of food products and pharmaceuticals using natural microorganisms.

The market is driven by increasing consumer awareness of food safety, demand for clean-label products, and the need for effective preservation methods in pharmaceuticals.

Key players like DuPont and BASF SE are leading the development of innovative biopreservation solutions that cater to industry needs.

The rising prevalence of foodborne illnesses and the expansion of the pharmaceutical sector are significant drivers for the biopreservation market.

Sustainable practices and the demand for functional foods and nutraceuticals are further propelling the adoption of biopreservation techniques.

Get a Free Sample Copy of the Report: https://www.snsinsider.com/sample-request/3792 

Conclusion

As the global focus on health, safety, and sustainability continues to grow, the biopreservation market is positioned for substantial growth. With its ability to enhance product quality and extend shelf life without relying on artificial additives, biopreservation represents a viable solution for both the food and pharmaceutical industries. The advancements in biopreservation technologies, coupled with increasing regulatory support, are driving innovation and expanding applications across various sectors.

In a world that prioritizes safety, quality, and sustainability, biopreservation emerges as a vital strategy to address modern challenges in food safety and biotechnology. By harnessing the power of natural microorganisms and innovative preservation techniques, biopreservation not only improves the viability of products but also aligns with consumer preferences for clean, safe, and effective solutions. As the market evolves, stakeholders must continue to invest in research and development to unlock the full potential of biopreservation and drive the future of safe, high-quality food and pharmaceutical products.

[gis56]

"Sour Success: Analyzing the Dairy Starter Culture Market 2024-2033"

Dairy Starter Culture Market : Dairy starter cultures play a crucial role in creating the rich flavors and textures we love in fermented dairy products like yogurt, cheese, and kefir. These cultures contain beneficial bacteria that initiate and control the fermentation process, breaking down lactose and producing lactic acid. This not only enhances the taste and texture but also extends the shelf life of dairy products. For artisans and home dairy makers alike, using the right starter culture is key to achieving consistent, high-quality results every time.

To Request Sample Report@https://www.globalinsightservices.com/request-sample/?id=GIS24282&utm_source=SnehaPatil-Article

Beyond flavor, dairy starter cultures offer numerous health benefits. The live probiotics produced during fermentation help improve gut health, boost immunity, and promote better digestion. With the growing popularity of probiotic-rich foods, these cultures have become a cornerstone of both traditional and modern dairy production, offering natural and sustainable ways to support a healthy lifestyle.

Relevant Link : https://www.lecotox.net/%e3%80%8c%e6%97%a5%e6%9c%ac%e3%81%ae%e8%89%b6%e6%b6%88%e3%81%97%e5%89%a4%e5%b8%82%e5%a0%b4%ef%bc%9a%e3%82%b3%e3%83%bc%e3%83%86%e3%82%a3%e3%83%b3%e3%82%b0%e3%81%ae%e6%96%b0%e3%81%9f%e3%81%aa%e9%81%93/

#DairyStarterCulture #FermentationMagic #ProbioticPower #HealthyGut #CheeseMaking #YogurtLovers #GutHealthBoost #ArtisanDairy #NaturalFermentation #HomeFermentation #DairyInnovation #CleanEating #LactoseFriendly #FoodScience #HealthyLiving

[foodandbeverages]

Superfood Market Latest Trends, Demand, Growth, Opportunity and Forecast to 2034

The superfood market (Marché des superaliments)  value is expected to rise from USD 183.58 billion in 2024 to USD 330.67 million by 2034. This market is analyzed to expand at a CAGR of 6.10% over the next decade.

Consumers are seeking these power foods to elevate their health, as the notion of superfoods is appealing to the general public. A remarkable surge in health and wellness trends across the countries is influencing the way manufacturers are responding with their latest food and drink products.

The growing popularity of superfoods is thus inducing manufacturers to heavily use these foods in recent drink innovations, to captivate health-conscious consumers. The quest for a healthier lifestyle, particularly among younger consumers, is driving people to seek more natural alternatives for their daily sustenance.

Information Source: https://www.futuremarketinsights.com/reports/superfood-market

Key Takeaways from the Superfood Market Report

The superfood industry gained US$ 146.16 billion in 2019. From 2019 to 2023, the market expanded at a CAGR of 5.64%.

By product type, the vegetable segment is expected to acquire 32.1% in 2024.

By distribution channel, the hypermarket/supermarket segment is anticipated to obtain 15.6% in 2024.

The Asia Pacific is expected to observe heightened demand for superfoods, due to increasing marketing efforts conducted by key players. In this region, India is projected to register a relatively higher CAGR of 6.6% than the other market players.

“Key players are investing in research and development of new formulations with superfoods as a key ingredient in them. Further, to increase their sales, players are selling their products on online platforms,” – says Nandini Roy Choudhury, Client Partner at Future Market Insights.

Profiling of Top 3 Companies Providing Superfoods Globally

Superlife Co. Pte LTD.

Superlife Co. Pte LTD. is a key provider of natural beauty products and services that focuses on developing tasty, convenient, and affordable Asian quinoa packs. A recent addition by the company is probiotics kombucha which maintains a flat tummy diet. The product has no preservatives, or artificial sugar, and is all-natural.

NUA Naturals

NUA Naturals offers organic superfoods that contain vitamins, and proteins and are 100% vegan. These organic superfoods make a big difference to the consumers’ health. Apart from this, the company is mindful of sustaining the well-being of the environment.

Organic Meets Good

Organic Meets Good is situated in the United States, and specializes in organic superfood products from across the globe. The company develops distinctly formulated blends, thus creating some of the tastiest and healthiest organic products.

Recent Developments in the Market

In February 2021, Kohsei Foods Co., Ltd. commenced the sales of rice bran products, traditionally applied for fermenting in Japan, in the United States. “Nuka” rice bran is developed by the company and has been fermented using lactic acid in a hygienic and convenient tube form. Given its distinct tube packaging, “Nuka” is a convenient way of obtaining nutrients in the diet.

In August 2023, Daily Need Exim Pvt Ltd. announced that it would be importing Natto, a traditional Japanese health food in India, and selling it via the online shop, i.e., “MAIN DISH.in”. Natto offers a new option to the Indian food culture and it is considered an ideal choice for people following a balanced diet.

Enlisted Below are Some Top Market Players

Nutiva

Rhythm Superfoods LLC

Sunfood Superfoods

Superlife Co. Pte LTD.

NUA Naturals

Organic Meets Good

Impact foods International

Navitas LLC

Nutrisure Limited

Del Monte Pacific Group

Archer Daniels Midland

Creative Nature

Healthy Truth

Nature’s Superfoods LLP

Ocean Spray

The Green Labs LLP

Suncore Foods

Apax Partners

Supernutrients

Bulk Superfoods

Others

Market Segmentation of Superfoods

By Product Type:

Vegetables

Fruits

Grain and Seeds

Herbs and Roots

Other Types

By Distribution Channel:

Hypermarkets/Supermarkets

Online Channels

Traditional Grocery Stores

Convenience Stores

Specialty Stores

Other Distribution Channel

By Application:

Beverages

Convenience or ready-to-eat and ready-to-drink foods

As it is superfoods

Bakery and confectionary

Supplements

Other Food Types

By Different Regional Markets are as Follows:

North America

Europe

Asia Pacific

Middle East and Africa

Latin America

[adityarana1687-blog]

Lactic Acid Market To Reach $5.80 Billion By 2030 | CAGR: 8.0%

The global lactic acid market size is expected to reach USD 5.80 billion by 2030, expanding at a CAGR of 8.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growth can be attributed to increasing demand for this product in various end-use industries, including industrial, food & beverages, and pharmaceuticals, especially in emerging economies such as India, China, and Indonesia. Additionally, demand for this product as a feedstock in the production of polylactic acid (PLA) is anticipated to drive the market globally.

Various raw materials used for the production of lactic acid include carbohydrates such as corn, sugarcane, sugar beet, and tapioca. Large share of this product produced globally is obtained through the fermentation process owing to its lower production costs as well as rising consumer awareness regarding sustainable and environmentally friendly products. The production process is commercially mature with a significant number of manufacturers including Corbion, NatureWorks LLC, Galactic, and Henan Jindan Lactic Acid Technology Co., Ltd using it.

The raw materials used for the commercial synthesis of this product include maltose or starch, lactose, sucrose, and glucose. These raw materials are derived from various feedstock such as barley malt, whey, molasses, and beet sugar, which are used to produce lactic acid via microbial fermentation. The cost of raw material is a key factor to be considered in the fermentation process for the commercial production of this product. They may specifically cater to application areas such as industrial, food & beverage, pharmaceuticals, personal care, chemicals, and agrochemical products.

Polylactic acid is predominantly used to manufacture microwaveable containers, including disposable cutlery and food containers. Multiple beneficial properties, such as improved aesthetic appeal, and resistance to grease & oil, among others, is positively influencing the demand for polylactic acid in the formulation of food packaging products across the globe, further triggering the lactic acid demand.

Request a free sample copy or view report summary: Lactic Acid Market Report

Lactic Acid Market Report Highlights

In 2023, sugarcane emerged as dominant raw material segment by contributing over 38.8% revenue share, owing to abundant availability in nature, low cost, and environmentally friendly alternative

PLA is witnessed to constitute a significant application share in the market, owing to the rising usage in the manufacturing of biodegradable & biocompatible products

North America dominated the lactic acid industry and accounted for the largest revenue share of more than 45.2% in 2023 due to the presence of major personal care & cosmetic industry in this region specifically in the U.S.

Lactic Acid Market Segmentation

Grand View Research has segmented the global lactic acid market based on raw material, form, application, and region:

Lactic Acid Raw Material Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Corn

Sugarcane

Cassava

Yeast Extract

Other Crops

Lactic Acid Form Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Dry

Liquid

Lactic Acid Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Industrial

Food & Beverages

Beverages

Bakery & Confectionary Products

Dairy Products

Meat Products

Other Food Products

Pharmaceuticals

Personal Care

PLA

Other Applications

Lactic Acid Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

Germany

France

UK

Italy

Spain

The Netherlands

Asia Pacific

China

Japan

Malaysia

India

Indonesia

Philippines

Australia

New Zealand

Central & South America

Brazil

Middle East & Africa

List of Key Players in Lactic Acid Market

BASF SE

Galactic

Musashino Chemical (China) Co., Ltd.

Futerro

Corbion

Dow

TEIJIN LIMITED

NatureWorks LLC

Henan Jindan Lactic Acid Technology Co. Ltd.

thyssenkrupp AG

Cellulac

Jungbunzlauer Suisse AG

Vaishnavi Bio Tech

Danimer Scientific

[peterfernandas]

Calcium Lactate Manufacturing Plant Project Report 2024: Setup and Cost

Introduction

Calcium lactate, a calcium salt of lactic acid, is widely used as a dietary supplement and in various industrial applications. It serves as a vital source of calcium for nutritional products, food fortification, and pharmaceuticals. With increasing awareness about calcium's role in health and nutrition, the demand for calcium lactate is on the rise. The Calcium Lactate Manufacturing Plant Project Report is designed to provide a detailed overview of the steps involved in setting up a manufacturing plant for calcium lactate, including market potential, plant design, technology, and financial considerations. This guide aims to be informative for potential investors, industry professionals, and anyone interested in the manufacturing process of this essential compound.

Market Analysis

Demand and Applications

Calcium lactate is utilized in various sectors:

Nutritional Supplements: It's a common ingredient in dietary supplements aimed at preventing calcium deficiency and promoting bone health.

Food and Beverage Industry: Used as a food additive, it enhances the nutritional content of products and improves texture and stability.

Pharmaceuticals: Employed in certain medications and as a stabilizer in pharmaceutical formulations.

Cosmetics: Acts as a stabilizer and pH regulator in cosmetic products.

The demand for calcium lactate is growing globally, driven by increasing health awareness and the need for dietary supplements. This growth presents a promising opportunity for new manufacturing ventures.

Get a Free Sample Report with Table of Contents @

https://www.expertmarketresearch.com/prefeasibility-reports/calcium-lactate-manufacturing-plant-project-report/requestsample

Competitive Landscape

The market for calcium lactate includes several established players, but it remains open for new entrants. Companies that can offer high-quality products at competitive prices, coupled with efficient production processes, are well-positioned to capture market share. Innovations in production technology and effective marketing strategies are key to gaining a competitive edge.

Plant Design and Technology

Plant Capacity and Layout

A calcium lactate manufacturing plant can be designed to accommodate various production capacities, ranging from small to large-scale operations. The layout typically includes:

Raw Material Storage: Facilities for storing lactic acid and calcium carbonate, the primary raw materials.

Reaction Chamber: Where lactic acid and calcium carbonate react to produce calcium lactate.

Filtration and Crystallization: Processes to purify and crystallize the calcium lactate.

Drying and Packaging: After crystallization, the product is dried and packaged for distribution.

Quality Control: An area dedicated to testing the product to ensure it meets the required standards.

Utility and Support Systems: Includes systems for water treatment, waste management, and other necessary utilities.

Production Technology

The production of calcium lactate involves a straightforward chemical reaction:

Preparation: Lactic acid and calcium carbonate solutions are prepared.

Reaction: These solutions are mixed in a reaction chamber. The reaction produces calcium lactate and carbon dioxide as a by-product.

Filtration: The mixture is filtered to remove any impurities.

Crystallization: Calcium lactate is crystallized from the solution.

Drying: The crystals are dried to obtain the final product.

Packaging: The dried calcium lactate is packaged for shipment.

Modern plants use advanced technologies to enhance efficiency, product quality, and environmental sustainability. Automation and real-time monitoring systems are often employed to ensure consistent production.

Financial and Economic Considerations

Investment and Cost Analysis

Setting up a calcium lactate manufacturing plant involves various costs:

Land and Building: Costs vary depending on location and plant size.

Machinery and Equipment: Includes reaction vessels, filtration units, drying equipment, and packaging machines.

Raw Materials: The primary raw materials are lactic acid and calcium carbonate.

Labor: Costs for skilled and unskilled labor.

Utilities: Includes expenses for electricity, water, and waste management.

A detailed financial analysis should also consider ongoing operational costs, market pricing, and potential revenue. With careful management, a calcium lactate plant can achieve profitability within a few years.

Return on Investment (ROI)

ROI for a calcium lactate manufacturing plant depends on several factors, including production efficiency, market demand, and cost management. Effective operational strategies and optimization of production processes can significantly enhance ROI.

Regulatory and Environmental Considerations

Compliance

Manufacturing calcium lactate requires adherence to various regulations:

Health and Safety Regulations: Ensuring safe handling of chemicals and protecting worker health.

Environmental Regulations: Managing waste and emissions to minimize environmental impact.

Product Standards: Complying with quality standards to meet market requirements.

Environmental Impact

Calcium lactate production is relatively environmentally friendly compared to some other chemical processes. However, managing waste and ensuring proper disposal of by-products are essential to minimize environmental impact.

FAQs

 What is calcium lactate used for?

Calcium lactate is used primarily as a dietary supplement to prevent calcium deficiency. It is also employed in the food and beverage industry, pharmaceuticals, and cosmetics for its stabilizing and fortifying properties.

How is calcium lactate manufactured?

Calcium lactate is manufactured by reacting lactic acid with calcium carbonate. The reaction produces calcium lactate and carbon dioxide. The mixture is then filtered, crystallized, dried, and packaged.

 What are the key considerations when setting up a calcium lactate manufacturing plant?

Key considerations include market demand, plant capacity, production technology, investment costs, regulatory compliance, and environmental impact. Effective planning and management are crucial for success.

What are the environmental impacts of calcium lactate production?

Calcium lactate production is relatively low-impact, but managing waste and emissions is still necessary to minimize environmental effects. The process produces carbon dioxide as a by-product, which should be managed appropriately.

 How profitable is a calcium lactate manufacturing plant?

Profitability depends on factors such as production efficiency, market demand, and cost management. With the right strategies and efficient operations, a calcium lactate plant can achieve favorable returns on investment.

Media Contact:

Company Name: Claight Corporation Contact Person: Lewis Fernandas, Corporate Sales Specialist — U.S.A. Email: sales@expertmarketresearch.com Toll Free Number: +1–415–325–5166 | +44–702–402–5790 Address: 30 North Gould Street, Sheridan, WY 82801, USA Website: www.expertmarketresearch.com Aus Site: https://www.expertmarketresearch.com.au

[market-insider]

3-Hydroxypropionic Acid Market Evolution: Industry Trends, Applications, and Growth Strategies

The global 3-hydroxypropionic acid market size is anticipated to reach USD 1.34 billion by 2030, growing at a CAGR of 9.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly attributed to increasing application of 3- HPA in the production of acrylic acid which is further used in the manufacturing process of a wide range of products such as plastics, fibers, paints, and super-absorbent diapers. It is also used in the production of coatings, widely used in the global automotive industry.

3-Hydroxypropionic Acid Market Report Highlights

Petrochemical based products dominated the market with a revenue share of 82.3% in 2023 owing to reduce the cost of production of 3-HPA using petrochemical source and its easy availability in the market.

Liquid from of the product dominated the market with a revenue share of 65.5% in 2023. The liquid form of 3-HPA is a colorless, odorless, and transparent organic acid. It is soluble in water, ethanol, and ether. It is also used in the food & beverage industry as an acidulant and flavor enhancer.

Acrylic acid production application dominated the market with a revenue share of 82.5% in 2023. 3-Hydroxypropionic acid (3HPA) is a key intermediate in the production of acrylic acid. The synthesis of acrylic acid is achieved through the process known as microbial fermentation

Asia Pacific dominated the market segment with a revenue share of 39.7% in 2023 owing to the rising construction activities and increasing demand from the automotive sector in emerging countries, such as India, South Korea, Japan, Indonesia, and the Philippines, which are expected to drive the market over the forecast period.

For More Details or Sample Copy please visit link @: 3-Hydroxypropionic Acid Market Report

The Environmental, Social, and Governance (ESG) aspects of 3-hydroxypropionic acid (3-HP) focus on its potential as a green and sustainable platform chemical. This compound plays a crucial role as part of carbon-neutralization and green chemistry initiatives, in accordance with ESG values, by offering eco-friendly production using microbial pathways.

Furthermore, the biological production of 3-HP from various sources, such as sugars and glycerol, highlights its versatility and eco-friendly nature, further enhancing its ESG profile. 3-hydroxypropionic acid is a valuable platform chemical that aligns with ESG attributes and good practices in the chemical industry, promoting environmental sustainability and social responsibility.

The production of 3-hydroxypropionic acid is influenced by several factors including the production method, market demand, and supply chain. The chemical synthesis method, which is complex and expensive, contributes to the high cost of 3-hydroxypropionic acid. Bio-based production methods utilizing renewable resources like glycerol or 1,3- propanediol are more cost effective and sustainable.

The production of 3-Hydroxypropionic acid is a complex and expensive process that requires significant energy and resources. The cost of raw materials, such as glycerol, is also increasing globally. Moreover, the cost of producing 3-Hydroxypropionic acid using Coenzyme B12 via the glycerol pathway in E. coli is high because Coenzyme B12 is expensive. In order to produce 3-Hydroxypropionic acid through the glycerol pathway in E. coli, manufacturers must introduce a foreign glycerol dehydratase (GDHt) and add Coenzyme B12 externally. This increases the production cost, which affects the overall economics of the production process.

A significant challenge for industrial-scale production of 3-HP from sugar is the inferior performance of fermentation microbes, which leads to diluted product streams and high separation costs. Few bio-based methods involving lactic acid, yeast, yeast-based ethanol, bacteria-based lactic acid, and coli-based propanediol can compete with petrol-based processes, resulting in higher production costs.

List of Major Companies in the 3-Hydroxypropionic Acid Market

Zhengzhou Alfa Chemical Co., Ltd.

Fluoropharm Co., Ltd.

LG Chem

Thermo Fisher Scientific Inc.

Beijing PhaBuilder Biotechnology Co., Ltd.

Cargill, Incorporated

Tokyo Chemical Industry Co., Ltd. (TCI)