Lactic acid is available in two types, L-lactic acid, and D-lactic acid. L-lactic acid is a natural isomer while D-lactic acid is an unnatural form of isomer. Natural L-lactic acid is also known as milk acid, which is available in powder and liquid form. Natural L-lactic acid is been used for a long time in various industries such as food, beverage, pharmaceutical, cosmetics, animal feed, chemical, etc.
Natural L-lactic acid provides important properties such as improves the texture of the medicinal formulations, improves flavour, increases microbial stabilities during beer production, and also offers antimicrobial properties.
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Increasing Inclination towards the Production of Biodegradable Polymers Boosts the Natural L-Lactic Acid Market
The increasing concern about the environmental problems is anticipated to serve as one of the drivers for the natural L-lactic acid market. The industry players are looking for ingredients that help in production biodegradable products. Thus, manufacturers are trying to develop biocompatible and biodegradable lactate polymers using natural L-lactic acid.
The production of lactate polymers serves as an excellent alternative for the plastics, which are obtained from the petrochemicals. Therefore, the increasing inclination of the manufacturers towards the use of natural ingredients is estimated to boost the natural L-lactic acid market.
Natural L-Lactic Acid Market: Regional Analysis
The demand for L-lactic acid is anticipated to increase in North America and Europe. The increasing health-awareness, rising inclination towards clean-label products, and increasing demand for natural products are some of the drivers that are estimated to fuel the natural L-lactic acid market in the North America and Europe region.
Natural L-Lactic Acid Market: Key Participants
Few of the key market players in the natural L-lactic acid market are:
- Corbion
- Jungbunzlauer Suisse AG
- Galactic
- Prathista Industries Limited
- Penta Manufacturing Company
- Lee Biosolutions, Inc
- Wuhan Sanjiang Space Good Biotech Co., Ltd.
- Tripura Biotech Limited
The report covers exhaustive analysis on:
- Natural L-lactic acid Market Segments
- Market Dynamics
- Market Size
- Supply and Demand
- Current Trends/Issues/Challenges pertaining to natural L-lactic acid market
- Competition Landscape and Emerging Market Participants in natural L-lactic acid market
- Technology related to Production/Processing of Natural L-Lactic Acid
- Value Chain Analysis of the natural L-lactic acid market
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The regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
Natural L-Lactic Acid Market Segmentation
The natural L-lactic acid market can be segmented on the basis of purity, form, grade, and end-use –
The natural L-lactic acid market can be segmented on the basis of the purity as:
- Below 50%
- 50% – 80%
- Above 80%
The natural L-lactic acid market can be segmented on the basis of the form as:
- Powder
- Liquid
The natural L-lactic acid market can be segmented on the basis of the grade as:
- Food Grade
- Feed Grade
- Cosmetic Grade
- Industrial Grade
The natural L-lactic acid market can be segmented on the basis of the end-use as:
- Food & Beverage Processing
- Bakery & Confectionery
- Infant Formula
- Desserts & Ice Cream
- Sauces, Dressings & Seasonings
- Alcoholic beverages, Juices, & Carbonated Drinks
- Other Food & Beverage Processing
- Pharmaceutical Industry
- Cosmetic and Personal Care
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Report Highlights:
- Detailed overview of parent market
- Changing dynamics of the natural L-lactic acid market in the industry
- In-depth market segmentation and analysis
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments in the natural L-lactic acid market
- Competitive landscape of the natural L-lactic acid market
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on natural L-lactic acid market performance
- Must-have information for natural l-lactic acid market players to sustain and enhance their market footprint
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