全体要約
2023年の乳酸市場は主に液体形態がリードしており、その応用範囲の広さから成長が見込まれています。乳酸は食品、医薬品、パーソナルケア等、様々な産業で利用されています。特に、ベーカリーや製菓市場では、乳酸が品質や保存性を向上させるために重要な役割を果たしています。主要企業には、コルビオン（オランダ）、カーギル（米国）、ギャラティック（ベルギー）などがあります。
関連する質問
28億ドル (2028年)
12.4% (2023年から2028年)
Corbion, Cargill, Incorporated, Galactic, Unitika Ltd, Henan Jindan lactic acid Technology Co., Ltd, TORAY INDUSTRIES, INC., Sulzer Ltd
石油化学製品の持続可能な代替品への顧客需要の高まり, バイオ分解性乳酸の特性, 政府による持続可能な代替品の促進
概要
「石油化学製品の持続可能な代替品に対する顧客の需要の急増が、乳酸市場の成長を大きく促進しています。」
環境への関心の高まりは、エコフレンドリーなソリューションへの重視を高めています。乳酸は、トウモロコシのデンプンやサトウキビなどの再生可能な資源から得られ、石油化学製品のより環境に優しい代替品を提供します。企業がカーボンフットプリントを削減し、持続可能性を促進しようと努力する中で、乳酸の需要は著しい増加を見せています。乳酸の生分解性は大きな利点を持っています。害のある残留物を残さず、環境汚染に寄与することなく自然に分解されることができます。この特性は、包装やプラスチックなど、生分解性材料が必要な産業では特に有利です。政府や規制機関は、石油化学製品に代わる持続可能な選択肢の使用をますます促進しています。さまざまなイニシアティブや規制が、バイオベースや再生可能な材料の採用を奨励し、乳酸市場にさらなる推進力を提供。
「ヨーロッパは、予測期間中にポリ乳酸市場で33.4％の最も高いシェアを持つと予想されています。」
ヨーロッパは2023年のポリ乳酸のグローバル市場において、4億米ドルの市場規模を占めています。ヨーロッパのポリ乳酸（PLA）市場は、持続可能性と環境意識に対する地域の強い焦点によって、注目すべき成長を遂げています。従来のプラスチックがもたらす環境への悪影響について、消費者、企業、政府の間で意識が高まっています。生分解性で再生可能な代替品として、PLAはプラスチック廃棄物とカーボンフットプリントを削減するための解決策として広く受け入れられています。ヨーロッパ各国の政府は、持続可能な材料の使用促進とプラスチック廃棄物の削減を奨励する厳しい規制や政策を導入しており、PLAのようなバイオベースおよび生分解性プラスチックの採用にとって好ましい環境を提供。一部のプラスチック製品の量と環境影響は、EUの規制の対象です。EUはプラスチック汚染と戦うための措置を講じています。使い捨てプラスチック製の皿、器具、ストロー、風船の棒、綿棒は、2021年7月3日以降、EU加盟国の市場で使用が禁止されました。この規制的支援は、企業が包装、食品サービス製品、その他の用途においてPLAに移行するインセンティブを与え、市場の成長を促進しています。
コーンは、乳酸の生産において最も頻繁に使用される原料です。
トウモロコシは豊富に利用可能で広く栽培されており、乳酸生産のための信頼できるコスト効率の良い原材料です。その広範な栽培は安定した供給チェーンを提供し、原材料の一貫した利用可能性を確保します。さらに、トウモロコシには高レベルのデンプンが含まれており、乳酸発酵の主要基質であるグルコースに容易に変換できます。トウモロコシデンプンをグルコースに効率的に変換することで、高い収量とコスト効果のある乳酸製造が可能になります。さらに、トウモロコシ加工における確立されたインフラと専門知識により、乳酸製造業者にとって好ましい選択となり、原材料の効率的な抽出と処理が可能になります。乳酸生産における主要な原材料としてトウモロコシを利用することは、その経済的妥当性、利用可能性、および変換の容易さと一致しており、業界で実用的かつ広く採用されている選択肢となっています。
「乳酸市場のアプリケーションセグメントのベーカリーおよび菓子類のサブセグメントは、2028年に3億米ドルと最も大きな価値が見込まれています。」
菓子と焼き菓子の市場は、コンビニエンスフードの需要の増加や消費者の魅力的で美味しい、食感のあるお菓子への欲求の上昇に伴い、徐々に成長しています。焼き菓子の入手可能性、手頃さ、栄養価も、現代の市場におけるその持続的な存在に影響を与える要素です。焼き菓子は多くの顧客の食生活に欠かせない存在となっています。このことは、風味豊かで食感のある焼き菓子を作るために使用される様々な焼成材料の需要を高めています。アメリカンベイカーズ協会は、焼き菓子がアメリカ合衆国の国内総生産の約2.1%を占めると推定しています。乳酸は、焼き菓子や菓子製品の品質と保存性を向上させる多用途な成分です。それは自然の保存料として機能し、カビや細菌の成長を抑制し、製品の新鮮さを延ばし、人工添加物の必要性を減少させます。さらに、乳酸は焼き菓子や菓子において望ましい食感、風味、色の発展に寄与します。そのまろやかな酸味は、パン、ペストリー、キャンディを含む様々な製品の味わいに複雑さと深みを加えます。自然な成分への消費者の需要が高まる中で、乳酸の多機能性とクリーンラベルの要件に合致する能力は、焼き菓子および菓子業界にとって魅力的な選択肢となっています。
「世界の乳酸市場における液体セグメントは、成長が見込まれ、予測年において最大の市場シェアを占めると予測されています。」
2023年には、市場は液体型カテゴリーが主導しました。液体乳酸の多様性は、市場成長の重要な要因と期待されています。液体乳酸は、食品・飲料、製薬、パーソナルケア、清掃製品など、さまざまな業界で幅広い用途を提供します。その流動的な形状は、さまざまな処方への簡単な組み込みを可能にし、多様な製品要件に適応できるようにしています。食品業界では、液体乳酸は天然防腐剤、pH調整剤、および風味増強剤として機能し、さまざまな製品の shelf life（保存期間）と味を向上させます。乳製品、ベーカリー、菓子類、肉加工などで使用されます。製薬業界では、液体乳酸は医薬品の処方、コントロール放出システム、および活性製薬成分の合成におけるキラル中間体として利用されます。パーソナルケア業界では、その保湿、角質除去、およびpHバランス調整特性により、スキンケア、ヘアケア、化粧品製品での使用が恩恵を受けています。さらに、液体乳酸は生分解性ポリマー、洗浄剤、工業用途の生産において重要な役割を果たします。広範な用途と多様性を持つ液体乳酸の市場は、業界がその利点をますます認識し、革新的な方法で利用することで成長が期待されます。
乳酸市場の主要参加者のプロフィールの内訳：
会社別：ティア1 - 35%、ティア2 - 25%、ティア3 - 40%
職位別：マネージャー – 40%、CXO – 35%、エグゼクティブ – 25%
地域別: 北米 - 15%、ヨーロッパ - 30%、アジア太平洋 - 45%、その他の地域 - 10%
著名な企業には、コルビオン（オランダ）、カーギル（アメリカ）、ギャラクティック（ベルギー）、ユニチカ（日本）、河南金楠乳酸技術有限公司（中国）、東レ株式会社（日本）、スルザー（中国）などがあります。
調査対象:
この報告書では、乳酸市場を原材料（トウモロコシ、キャッサバ、サトウキビ、酵母抽出物およびその他）、形状（乾燥、液体）、用途（生分解性ポリマー、食品・飲料、医薬品）、地域に分類しています。ポリ乳酸市場は、用途（包装、繊維・生地、農業）および地域にセグメント化されています。この報告書には、乳酸市場に影響を与える主要要素、すなわちドライバー、制約、課題、および機会に関する具体的な情報が含まれています。業界の主要プレーヤーに関する包括的な評価が行われており、彼らのビジネス概要、製品、サービス、重要な戦略、契約、パートナーシップ、合意、新製品やサービスの導入、買収や合併、さらには乳酸市場に影響を与える現在のトレンドについての洞察が提供されています。この研究は、乳酸市場環境における将来のスタートアップに関する競争分析をカバーしています。
この報告書を購入する理由：
このレポートは、市場のリーダーや新規参入者に対して、全体の乳酸市場およびサブセグメントの収益数値の最も近い推定値に関する情報を提供します。このレポートは、利害関係者が競争環境を理解し、自社をより良く位置づけ、適切なゴー・トゥー・マーケット戦略を計画するための洞察を得るのに役立ちます。また、レポートは利害関係者が市場の脈動を理解するのを助け、市場の主要なドライバー、制約、課題、機会に関する情報を提供します。
報告書は以下のポイントについての洞察を提供します：
乳酸市場の成長に影響を与える主要な要因（最終用途アプリケーションにおける乳酸およびポリ乳酸の高い需要）、制約（原材料価格の変動）、機会（バイオプラスチックの使用を促進する政府の規制や枠組み）、および課題（中小企業における高い初期投資コスト）についての分析です。
・製品開発/イノベーション：乳酸市場における研究開発活動および新製品・サービスの発表に関する詳細な洞察。
• 市場開発：魅力的な市場に関する包括的な情報 - この報告書は、さまざまな地域における乳酸市場を分析しています。
市場の多様化：乳酸市場における新しい製品やサービス、未開拓の地理、最近の動向、そして投資に関する詳細な情報です。
• 競争評価：ラクト酸市場戦略における主要プレーヤーの市場シェア、成長戦略、サービス提供の詳細な評価、例えばコルビオン（オランダ）、カーギル（アメリカ）、ギャラクティック（ベルギー）、ユニチカ株式会社（日本）などがあります。
※以下の目次にて、具体的なレポートの構成をご覧頂けます。ご購入、無料サンプルご請求、その他お問い合わせは、ページ上のボタンよりお進みください。
目次
1 イントロダクション 38
1.1 調査の目的 38
1.2 市場の定義 38
1.3 調査範囲 39
1.3.1 対象地域 39
1.4 対象年 40
1.5 通貨 40
1.6 対象の単位 41
1.7 ステークホルダー 41
1.8 変化のサマリー 42
1.8.1 リセッション時のインパクト 42
2 調査手法 43
2.1 リサーチデータ 43
2.1.1 二次データ 44
- 2.1.1.1 二次情報の主要データ 44
2.1.2 一次データ 44
- 2.1.2.1 一次情報の主要データ 45
- 2.1.2.2 業界についての主な考察 45
- 2.1.2.3 一次インタビュー内訳 46
2.2 要因分析 46
2.2.1 イントロダクション 46
2.2.2 需要サイド分析 47
2.2.3 供給サイド分析 47
2.3 市場規模予測 48
2.3.1 アプローチ1（用途・形態別、地域別） 48
2.3.2 アプローチ1（アプリケーション別、地域別） 49
2.3.3 アプローチ2（世界市場ベース） 50
2.4 データのトライアンギュレーション 51
2.5 調査の前提 52
2.6 調査上の制約 52
2.7 リセッション時のインパクト分析 53
3 エグゼクティブサマリー 58
4 更なる考察 64
4.1 市場の主要プレーヤーにとって魅力的な機会 64
4.2 ポリ乳酸市場の魅力的な機会 64
4.3 乳酸の世界市場：主要地域サブマーケットのシェア 65
4.4 世界のポリ乳酸市場：主要地域サブマーケットのシェア 65
4.5 北米の乳酸市場乳酸市場：用途別・主要国別 66
4.6 ヨーロッパポリ乳酸市場：用途別・主要国別 66
4.7 乳酸の世界市場：原料・地域別 67
4.8 グローバルの乳酸市場、展開別 68
4.9 グローバルの乳酸市場、用途別 68
4.10 乳酸市場：食品・飲料サブアプリケーション別 69
4.11 グローバルのポリ乳酸（PLA）市場、用途別 69
5 市場概要 70
5.1 イントロダクション 70
5.2 市場力学 72
5.2.1 促進要因 72
5.2.2 抑制要因 75
5.2.3 市場機会 76
5.2.4 課題 77
6 業界トレンド 79
6.1 イントロダクション 79
6.2 バリューチェーン分析 79
6.2.1 研究・製品開発 80
6.2.2 原料調達 80
6.2.3 製造・加工 80
6.2.4 ディストリビューション 81
6.2.5 マーケティング・セールス 81
6.3 顧客事業にインパクトのあるトレンド/ディスラプション 81
6.4 規制や関税の概観 82
6.5 規制フレームワーク 85
6.5.1 北米 86
6.5.2 ヨーロッパ 86
6.5.3 アジア 88
6.5.4 その他 89
6.6 特許分析 89
6.7 取引分析・貿易分析 91
6.8 価格分析 92
6.8.1 平均販売価格トレンド分析 92
6.9 乳酸市場：エコシステムマーケットマップ 93
6.9.1 需要サイド 93
6.9.2 供給サイド 93
6.10 技術分析 95
6.10.1 乳酸製造のための固定化バイオリアクターの設計 95
6.10.2 遺伝子・代謝工学 96
6.11 ケーススタディ 96
6.11.1 新酵素開発による醸造用添加剤の資源効率向上 96
6.12 ポーターのファイブフォース分析 97
6.12.1 競合・競争状況の激しさ 97
6.12.2 サプライヤーの交渉力 97
6.12.3 買い手の交渉力 98
6.12.4 代替品の脅威 98
6.12.5 新規参入の脅威 98
6.13 主なステークホルダーと購入基準 99
6.13.1 購買プロセスにおける主要ステークホルダー 99
6.13.2 主なステークホルダーと購入基準 99
6.13.3 主なステークホルダーと購入基準 100
6.13.4 購買基準 101
6.14 主な会議・イベント（2023年～2024年） 102
7 乳酸の市場、原材料別 104
7.1 イントロダクション 105
7.2 コーン 106
7.2.1 費用対効果と適切な組成でITに適した原材料を作る 106
7.3 キャッサバ 107
7.4 サトウキビ 108
7.5 酵母エキス 109
7.5.1 発酵を促進する酵母エキス 109
7.6 その他 110
7.6.1 豊富なリグノセルロース系農業廃棄物 110
8 乳酸の市場、展開別 112
8.1 イントロダクション 113
8.2 液体 114
8.3 ドライ 115
8.3.1 用量の正確性を高めるドライフォーム 115
9 乳酸の市場、用途別 117
9.1 イントロダクション 118
9.2 生分解性高分子 119
9.3 食品・飲料 120
9.3.1 飲料 122
- 9.3.1.1 保存性に優れた飲料への乳酸の使用 122
9.3.2 ベーカリー&コンフェクショナリー製品 123
9.3.3 乳製品 124
- 9.3.3.1 乳製品を強化する乳酸のミネラル塩 124
9.3.4 肉製品 125
9.3.5 その他食品 126
9.4 パーソナルケア製品 127
9.5 医薬品製品 128
9.6 その他の用途 129
10 ポリ乳酸（PLA）の市場、用途別 131
10.1 イントロダクション 132
10.2 パッケージング 134
10.2.1 リジッドパッケージ 135
10.2.2 堆肥バッグ 135
- 10.2.2.1 有機廃棄物を軽減するための複合袋の使用 135
10.2.3 ルースフィル包装 135
- 10.2.3.1 運賃コスト削減に貢献するルーズフィル包装 135
10.3 ファイバー＆ファブリック 136
10.4 オートモビル 137
10.4.1 引張プラスチック代替品への嗜好の高まりが需要を後押し 137
10.5 電子・電気 138
10.5.1 エレクトロニクス分野でのポリ乳酸の使用は低水準にとどまる 138
10.6 農業 139
10.6.1 農業用マルチフィルムに代わるポリ乳酸 139
10.7 その他の用途 140
11 乳酸の市場、地域別 142
11.1 イントロダクション 143
11.2 北米 145
11.2.1 北米：リセッション時のインパクト 146
11.2.2 米国 151
11.2.3 カナダ 152
11.2.4 メキシコ 153
11.3 ヨーロッパ 154
11.3.1 ヨーロッパ：リセッション時のインパクト 155
11.3.2 ドイツ 159
- 11.3.2.1 包装廃棄物のリサイクルを奨励する政府規制 159
11.3.3 イタリア 160
11.3.4 スペイン 161
- 11.3.4.1 生分解性ポリマーの使用に関する意識の高まりが市場を押し上げる 161
11.3.5 フランス 162
11.3.6 英国 163
11.3.7 その他ヨーロッパ 164
11.4 アジア太平洋 165
11.4.1 アジア太平洋：リセッション時のインパクト 166
11.4.2 中国 171
11.4.3 日本 172
- 11.4.3.1 医薬品の進歩が市場成長を牽引 172
11.4.4 インド 173
11.4.5 オーストラリア・ニュージーランド 174
11.4.6 その他アジア太平洋 175
11.5 その他地域 176
11.5.1 その他地域：リセッション時のインパクト 176
11.5.2 南米 180
11.5.3 中東 181
- 11.5.3.1 食品加工産業の拡大が市場成長を牽引 181
11.5.4 アフリカ 182
12 ポリ乳酸（PLA）の市場、地域別 183
12.1 イントロダクション 184
12.2 北米 186
12.2.1 米国 189
- 12.2.1.1 プラスチック廃棄物削減への意識の高まりが市場成長を牽引 189
12.2.2 カナダ 190
- 12.2.2.1 プラスチック使用抑止のための政府規制が市場成長を牽引 190
12.2.3 メキシコ 191
- 12.2.3.1 生分解性バッグの需要増が市場成長を牽引 191
12.3 ヨーロッパ 192
12.3.1 ドイツ 195
- 12.3.1.1 バイオポリマー自動車部品の需要増加が市場成長を促進 195
12.3.2 イタリア 196
12.3.3 スペイン 198
- 12.3.3.1 加工食品の需要増が市場成長を押し上げる 198
12.3.4 英国 199
12.3.5 フランス 200
- 12.3.5.1 主要企業の進出が市場成長を牽引 200
12.3.6 その他ヨーロッパ 201
- 12.3.6.1 包装や農業への利用を促進する産業開発 201
12.4 アジア太平洋 202
12.4.1 中国 206
12.4.2 日本 207
- 12.4.2.1 自動車産業の進歩が市場成長を牽引 207
12.4.3 インド 208
12.4.4 オーストラリア・ニュージーランド 209
- 12.4.4.1 PLAの使用を促進するための原料価格の引き下げ 209
12.4.5 その他アジア太平洋 210
12.5 その他の地域 211
12.5.1 南米 214
- 12.5.1.1 バイオポリマーの輸出増加が市場成長を牽引 214
12.5.2 中東 215
12.5.3 アフリカ 216
13 競合情勢 217
13.1 概要 217
13.2 主要プレイヤーの戦略 217
13.3 主要プレイヤーの収益推移の分析 219
13.4 市場シェア分析 220
13.5 企業評価４象限分類（主要企業） 221
13.5.1 STARS 221
13.5.2 EMERGING LEADERS 221
13.5.3 PERVASIVE PLAYERS 221
13.5.4 EMERGING COMPANIES 221
13.5.5 競合ベンチマーキング 223
13.6 乳酸市場：STARTUPS/SMESの評価象限 225
13.6.1 PROGRESSIVE COMPANIES 225
13.6.2 STARTING BLOCKS 225
13.6.3 RESPONSIVE COMPANIES 225
13.6.4 DYNAMIC COMPANIES 225
13.6.5 競合ベンチマーキング 227
13.7 競合シナリオ 228
13.7.1 製品展開 228
14 企業プロファイル 232
14.1 主要企業 232
14.1.1 CORBION 232
14.1.2 CARGILL, INCORPORATED 237
14.1.3 GALACTIC 243
14.1.4 UNITIKA LTD 245
14.1.5 SULZER LTD 247
14.1.6 TORAY INDUSTRIES 250
14.1.7 HENAN JINDAN LACTIC ACID TECHNOLOGY CO., LTD 252
14.1.8 MUSASHINO CHEMICAL LABORATORY, LTD 256
14.1.9 VIGON INTERNATIONAL, LLC 258
14.1.10 HENAN XINGHAN BIOTECHNOLOGY CO. LTD 259
14.1.11 DANIMER SCIENTIFIC 261
14.1.12 JUNGBUNZLAUER SUISSE AG 262
14.1.13 FOODCHEM INTERNATIONAL CORPORATION 264
14.1.14 VAISHNAVI BIO TECH INTERNATIONAL LIMITED 265
14.1.15 SPECTRUM CHEMICAL 266
14.1.16 GODAVARI BIOREFINERIES LTD 268
14.1.17 PROAGRO GMBH 269
14.1.18 QINGDAO ABEL TECHNOLOGY CO. LTD 270
14.1.19 ABMCOMPOSITE 270
14.1.20 JIAAN BIOTECH 271
15 関連市場 272
15.1 イントロダクション 272
15.2 制約 272
15.3 バイオプラスチック＆バイオポリマー市場 272
15.3.1 市場の定義 272
15.3.2 市場概要 274
15.3.3 バイオプラスチック＆バイオポリマーの市場、製品タイプ別 274
15.3.4 バイオプラスチック＆バイオポリマーの市場、地域別 278
15.4 有機酸市場 280
15.4.1 市場の定義 280
15.4.2 市場概要 280
15.4.3 有機酸市場、用途別 280
15.4.4 有機酸市場、地域別 281
16 付録 283
16.1 ディスカッションガイド 283
16.2 ナレッジストア 289
16.3 カスタマイズオプション 291
16.4 関連レポート 291
16.5 執筆者の詳細 292
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Description
Table of Contents
1 INTRODUCTION 38
1.1 STUDY OBJECTIVES 38
1.2 MARKET DEFINITION 38
1.3 STUDY SCOPE 39
1.3.1 REGIONS COVERED 39
1.4 YEARS CONSIDERED 40
1.5 CURRENCY CONSIDERED 40
1.6 UNITS CONSIDERED 41
1.7 STAKEHOLDERS 41
1.8 SUMMARY OF CHANGES 42
1.8.1 RECESSION IMPACT 42
2 RESEARCH METHODOLOGY 43
2.1 RESEARCH DATA 43
2.1.1 SECONDARY DATA 44
- 2.1.1.1 Key data from secondary sources 44
2.1.2 PRIMARY DATA 44
- 2.1.2.1 Key data from primary sources 45
- 2.1.2.2 Key industry insights 45
- 2.1.2.3 Breakdown of primary interviews 46
2.2 FACTOR ANALYSIS 46
2.2.1 INTRODUCTION 46
2.2.2 DEMAND-SIDE ANALYSIS 47
2.2.3 SUPPLY-SIDE ANALYSIS 47
2.3 MARKET SIZE ESTIMATION 48
2.3.1 APPROACH ONE (BASED ON APPLICATION AND FORM, BY REGION) 48
2.3.2 APPROACH ONE (BASED ON APPLICATION, BY REGION) 49
2.3.3 APPROACH TWO (BASED ON GLOBAL MARKET) 50
2.4 DATA TRIANGULATION 51
2.5 RESEARCH ASSUMPTIONS 52
2.6 RESEARCH LIMITATIONS 52
2.7 RECESSION IMPACT ANALYSIS 53
3 EXECUTIVE SUMMARY 58
4 PREMIUM INSIGHTS 64
4.1 ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN MARKET 64
4.2 ATTRACTIVE OPPORTUNITIES IN POLYLACTIC ACID MARKET 64
4.3 GLOBAL LACTIC ACID MARKET: SHARES OF MAJOR REGIONAL SUBMARKETS 65
4.4 GLOBAL POLYLACTIC ACID MARKET: SHARES OF MAJOR REGIONAL SUBMARKETS 65
4.5 NORTH AMERICA: LACTIC ACID MARKET, BY APPLICATION & KEY COUNTRY 66
4.6 EUROPE: POLYLACTIC ACID MARKET, BY APPLICATION & KEY COUNTRY 66
4.7 GLOBAL LACTIC ACID MARKET, BY RAW MATERIAL & REGION 67
4.8 GLOBAL LACTIC ACID MARKET, BY FORM 68
4.9 GLOBAL LACTIC ACID MARKET, BY APPLICATION 68
4.10 LACTIC ACID MARKET, BY FOOD & BEVERAGE SUB-APPLICATION 69
4.11 GLOBAL POLYLACTIC ACID MARKET, BY APPLICATION 69
5 MARKET OVERVIEW 70
5.1 INTRODUCTION 70
5.2 MARKET DYNAMICS 72
5.2.1 DRIVERS 72
- 5.2.1.1 High demand for lactic & polylactic acid in end user applications 72
- 5.2.1.2 Rising demand for environmentally friendly resources 73
- 5.2.1.3 Technological advancements to encourage production of lactic & polylactic acid 74
5.2.2 RESTRAINTS 75
- 5.2.2.1 Fluctuations in raw material prices 75
- 5.2.2.2 Quality of packaged food & beverage products to become major concern for manufacturers 76
5.2.3 OPPORTUNITIES 76
- 5.2.3.1 Multi-functionalities of lactic & polylactic acids leading to increased demand for biopolymers and cosmetic products 76
- 5.2.3.2 Government regulations and frameworks encouraging use of bioplastics 77
5.2.4 CHALLENGES 77
- 5.2.4.1 Lack of process-specific technology for usage of lactic & polylactic acids in emerging economies 77
- 5.2.4.2 High initial investment costs borne by small & medium enterprises 78
6 INDUSTRY TRENDS 79
6.1 INTRODUCTION 79
6.2 VALUE CHAIN ANALYSIS 79
6.2.1 RESEARCH AND PRODUCT DEVELOPMENT 80
6.2.2 RAW MATERIAL SOURCING 80
6.2.3 PRODUCTION AND PROCESSING 80
6.2.4 DISTRIBUTION 81
6.2.5 MARKETING AND SALES 81
6.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 81
6.4 TARIFF AND REGULATORY LANDSCAPE 82
6.5 REGULATORY FRAMEWORK 85
6.5.1 NORTH AMERICA 86
6.5.2 EUROPE 86
6.5.3 ASIA 88
6.5.4 OTHERS 89
6.6 PATENT ANALYSIS 89
6.7 TRADE ANALYSIS 91
6.8 PRICING ANALYSIS 92
6.8.1 AVERAGE SELLING PRICE TREND ANALYSIS 92
6.9 LACTIC ACID MARKET: ECOSYSTEM MARKET MAP 93
6.9.1 DEMAND SIDE 93
6.9.2 SUPPLY SIDE 93
6.10 TECHNOLOGY ANALYSIS 95
6.10.1 IMMOBILIZED BIOREACTOR DESIGN FOR LACTIC ACID (LA) PRODUCTION 95
6.10.2 GENETIC AND METABOLIC ENGINEERING 96
6.11 CASE STUDIES 96
6.11.1 ENHANCED RESOURCE EFFICIENCY WITH NEW ENZYME DEVELOPMENT IN ADJUNCT BREWING 96
6.12 PORTER’S FIVE FORCES ANALYSIS 97
6.12.1 INTENSITY OF COMPETITIVE RIVALRY 97
6.12.2 BARGAINING POWER OF SUPPLIERS 97
6.12.3 BARGAINING POWER OF BUYERS 98
6.12.4 THREAT OF SUBSTITUTES 98
6.12.5 THREAT OF NEW ENTRANTS 98
6.13 KEY STAKEHOLDERS AND BUYING CRITERIA 99
6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 99
6.13.2 KEY STAKEHOLDERS AND BUYING CRITERIA 99
6.13.3 KEY STAKEHOLDERS AND BUYING CRITERIA 100
6.13.4 BUYING CRITERIA 101
6.14 KEY CONFERENCES AND EVENTS (2023-2024) 102
7 LACTIC ACID MARKET, BY RAW MATERIALS 104
7.1 INTRODUCTION 105
7.2 CORN 106
7.2.1 COST-EFFECTIVENESS AND APPROPRIATE COMPOSITION TO MAKE IT PREFERRED RAW MATERIAL 106
7.3 CASSAVA 107
7.3.1 HIGH CONTENT OF STARCH IN CASSAVA TO MAKE IT APPROPRIATE RAW MATERIAL 107
7.4 SUGARCANE 108
7.4.1 SUGARCANE BAGASSE TO BE OBTAINED FROM AGRICULTURE AND DISTRIBUTED FOR RECYCLING 108
7.5 YEAST EXTRACT 109
7.5.1 YEAST EXTRACT TO FACILITATE FERMENTATION PROCEDURE 109
7.6 OTHERS 110
7.6.1 LIGNOCELLULOSIC AGRICULTURAL WASTE TO BE FOUND IN ABUNDANCE 110
8 LACTIC ACID MARKET, BY FORM 112
8.1 INTRODUCTION 113
8.2 LIQUID 114
8.2.1 EASE OF USE IN VARIOUS APPLICATIONS TO ENCOURAGE LACTIC ACID USAGE IN LIQUID FORM 114
8.3 DRY 115
8.3.1 DRY FORM TO ENABLE IMPROVED ACCURACY OF DOSAGES 115
9 LACTIC ACID MARKET, BY APPLICATION 117
9.1 INTRODUCTION 118
9.2 BIODEGRADABLE POLYMERS 119
9.3 FOOD & BEVERAGES 120
9.3.1 BEVERAGES 122
- 9.3.1.1 Use of lactic acid in beverages for superior shelf life 122
9.3.2 BAKERY & CONFECTIONERY PRODUCTS 123
- 9.3.2.1 Usage of lactic acid to increase shelf life of bakery & confectionery 123
9.3.3 DAIRY PRODUCTS 124
- 9.3.3.1 Mineral salts of lactic acid to fortify dairy products 124
9.3.4 MEAT PRODUCTS 125
- 9.3.4.1 Lactic acid to preserve taste and tenderness of meat & products 125
9.3.5 OTHER FOOD PRODUCTS 126
- 9.3.5.1 Lactic acid to replace acetic acid and vinegar as food additives 126
9.4 PERSONAL CARE PRODUCTS 127
9.4.1 CONSUMER PREFERENCE TO ENCOURAGE DEMAND FOR CLEAN-LABEL PERSONAL CARE AND COSMETIC PRODUCTS 127
9.5 PHARMACEUTICAL PRODUCTS 128
9.5.1 LACTIC ACID TO BE USED AS ELECTROLYTE IN PARENTERAL & INTRAVENOUS SOLUTIONS 128
9.6 OTHER APPLICATIONS 129
9.6.1 LACTIC ACID TO BE USED IN VARIOUS APPLICATIONS DUE TO ITS NON-TOXIC BIODEGRADABLE NATURE 129
10 POLYLACTIC ACID MARKET, BY APPLICATION 131
10.1 INTRODUCTION 132
10.2 PACKAGING 134
10.2.1 RIGID PACKAGING 135
- 10.2.1.1 Polylactic acid-based rigid packaging to be used in biodegradable and compostable food services packages 135
10.2.2 COMPOST BAGS 135
- 10.2.2.1 Usage of composite bags to mitigate organic waste 135
10.2.3 LOOSE-FILL PACKAGING 135
- 10.2.3.1 Loose-fill packaging to help reduce freight cost 135
10.3 FIBER & FABRICS 136
10.3.1 RENEWABLE NATURE AND TRANSFORMATION ENERGY OF PLA TO DRIVE DEMAND IN TEXTILE 136
10.4 AUTOMOBILES 137
10.4.1 INCREASED PREFERENCE FOR TENSILE PLASTIC ALTERNATIVE TO FUEL DEMAND 137
10.5 ELECTRONICS & ELECTRICALS 138
10.5.1 USAGE OF POLYLACTIC ACID IN ELECTRONICS TO REMAIN LOW 138
10.6 AGRICULTURE 139
10.6.1 POLYLACTIC ACID TO REPLACE MULCH FILMS IN AGRICULTURE 139
10.7 OTHER APPLICATIONS 140
10.7.1 POLYLACTIC ACID TO BE USED IN VARIOUS APPLICATIONS DUE TO ITS BIOCOMPATIBLE NATURE 140
11 LACTIC ACID MARKET, BY REGION 142
11.1 INTRODUCTION 143
11.2 NORTH AMERICA 145
11.2.1 NORTH AMERICA: RECESSION IMPACT 146
11.2.2 US 151
- 11.2.2.1 Increase in investments, expansions, and product launches to encourage growth of bioplastics & biopolymers 151
11.2.3 CANADA 152
- 11.2.3.1 Reducing plastic waste and enhancing environmental sustainability to increase demand for alternative materials and packaging solutions 152
11.2.4 MEXICO 153
- 11.2.4.1 Use of biodegradable plastics in various food packaging applications to drive demand for lactic acid 153
11.3 EUROPE 154
11.3.1 EUROPE: RECESSION IMPACT 155
11.3.2 GERMANY 159
- 11.3.2.1 Government regulations to encourage recycling of packaging waste 159
11.3.3 ITALY 160
- 11.3.3.1 Ban on conventional plastic items to enhance demand for bioplastic materials 160
11.3.4 SPAIN 161
- 11.3.4.1 Growing awareness regarding use of biodegradable polymers to boost market 161
11.3.5 FRANCE 162
- 11.3.5.1 Demand for lactic acid as functional additive to drive market growth 162
11.3.6 UK 163
- 11.3.6.1 Demand for bioplastic & biopolymer products projected to grow during forecast period 163
11.3.7 REST OF EUROPE 164
- 11.3.7.1 Poland, Netherlands, and Belgium to be major consumers of lactic acid 164
11.4 ASIA PACIFIC 165
11.4.1 ASIA PACIFIC: RECESSION IMPACT 166
11.4.2 CHINA 171
- 11.4.2.1 High demand for lactic acid among key players to drive growth of biodegradable polymers 171
11.4.3 JAPAN 172
- 11.4.3.1 Advancements in pharmaceuticals to drive market growth 172
11.4.4 INDIA 173
- 11.4.4.1 Advancements in technology for lactic acid usage in food & beverage applications to drive market growth 173
11.4.5 AUSTRALIA & NEW ZEALAND 174
- 11.4.5.1 Rising demand for natural and safe ingredients in personal care products to lead to market growth 174
11.4.6 REST OF ASIA PACIFIC 175
- 11.4.6.1 Food & beverage manufacturers to opt for lactic acid as alternative to traditional chemicals 175
11.5 ROW 176
11.5.1 ROW: RECESSION IMPACT 176
11.5.2 SOUTH AMERICA 180
- 11.5.2.1 Biodegradable polymers to witness significant demand as key companies set up manufacturing units in South America 180
11.5.3 MIDDLE EAST 181
- 11.5.3.1 Expansion of food processing industry to drive market growth 181
11.5.4 AFRICA 182
- 11.5.4.1 Rising plastic usage to lead to increased demand for lactic acid in Africa 182
12 POLYLACTIC ACID MARKET, BY REGION 183
12.1 INTRODUCTION 184
12.2 NORTH AMERICA 186
12.2.1 US 189
- 12.2.1.1 Rising awareness for reducing plastic waste to drive market growth 189
12.2.2 CANADA 190
- 12.2.2.1 Government regulations to deter plastic use to drive market growth 190
12.2.3 MEXICO 191
- 12.2.3.1 Increased demand for biodegradable bags to drive market growth 191
12.3 EUROPE 192
12.3.1 GERMANY 195
- 12.3.1.1 Increased demand for biopolymer automobile components to fuel market growth 195
12.3.2 ITALY 196
- 12.3.2.1 Increased awareness for environmentally friendly products among Italian customers to drive market growth 196
12.3.3 SPAIN 198
- 12.3.3.1 Rising demand for processed food products to boost market growth 198
12.3.4 UK 199
- 12.3.4.1 Growth opportunities for manufacturers in automobile industry to drive market growth 199
12.3.5 FRANCE 200
- 12.3.5.1 Expansion of key players to drive market growth 200
12.3.6 REST OF EUROPE 201
- 12.3.6.1 Industrial developments to enhance use in packaging and agriculture 201
12.4 ASIA PACIFIC 202
12.4.1 CHINA 206
- 12.4.1.1 Biodegradable nature of PLA to fuel its demand in various industries 206
12.4.2 JAPAN 207
- 12.4.2.1 Advancements in automobile industry to drive market growth 207
12.4.3 INDIA 208
- 12.4.3.1 Rising demand for processed food to encourage growth of eco-friendly food packaging applications 208
12.4.4 AUSTRALIA & NEW ZEALAND 209
- 12.4.4.1 Decrease in raw material prices to encourage usage of PLA 209
12.4.5 REST OF ASIA PACIFIC 210
- 12.4.5.1 Manufacturers to opt for PLA as an alternative to traditional plastics 210
12.5 REST OF THE WORLD (ROW) 211
12.5.1 SOUTH AMERICA 214
- 12.5.1.1 Increased export of biopolymers to drive market growth 214
12.5.2 MIDDLE EAST 215
- 12.5.2.1 Key manufacturers to opt for biodegradable materials for usage in industrial applications 215
12.5.3 AFRICA 216
- 12.5.3.1 Sluggish economic growth and low-technological development to lead to muted market demand 216
13 COMPETITIVE LANDSCAPE 217
13.1 OVERVIEW 217
13.2 STRATEGIES ADOPTED BY KEY PLAYERS 217
13.3 HISTORICAL REVENUE ANALYSIS OF KEY PLAYERS 219
13.4 MARKET SHARE ANALYSIS 220
13.5 COMPANY EVALUATION QUADRANT (KEY PLAYERS) 221
13.5.1 STARS 221
13.5.2 EMERGING LEADERS 221
13.5.3 PERVASIVE PLAYERS 221
13.5.4 EMERGING COMPANIES 221
13.5.5 COMPETITIVE BENCHMARKING 223
13.6 LACTIC ACID MARKET: EVALUATION QUADRANT OF STARTUPS/SMES 225
13.6.1 PROGRESSIVE COMPANIES 225
13.6.2 STARTING BLOCKS 225
13.6.3 RESPONSIVE COMPANIES 225
13.6.4 DYNAMIC COMPANIES 225
13.6.5 COMPETITIVE BENCHMARKING 227
13.7 COMPETITIVE SCENARIO 228
13.7.1 PRODUCT LAUNCHES 228
14 COMPANY PROFILES 232
14.1 KEY PLAYERS 232
14.1.1 CORBION 232
14.1.2 CARGILL, INCORPORATED 237
14.1.3 GALACTIC 243
14.1.4 UNITIKA LTD 245
14.1.5 SULZER LTD 247
14.1.6 TORAY INDUSTRIES 250
14.1.7 HENAN JINDAN LACTIC ACID TECHNOLOGY CO., LTD 252
14.1.8 MUSASHINO CHEMICAL LABORATORY, LTD 256
14.1.9 VIGON INTERNATIONAL, LLC 258
14.1.10 HENAN XINGHAN BIOTECHNOLOGY CO. LTD 259
14.1.11 DANIMER SCIENTIFIC 261
14.1.12 JUNGBUNZLAUER SUISSE AG 262
14.1.13 FOODCHEM INTERNATIONAL CORPORATION 264
14.1.14 VAISHNAVI BIO TECH INTERNATIONAL LIMITED 265
14.1.15 SPECTRUM CHEMICAL 266
14.1.16 GODAVARI BIOREFINERIES LTD 268
14.1.17 PROAGRO GMBH 269
14.1.18 QINGDAO ABEL TECHNOLOGY CO. LTD 270
14.1.19 ABMCOMPOSITE 270
14.1.20 JIAAN BIOTECH 271
15 ADJACENT & RELATED MARKETS 272
15.1 INTRODUCTION 272
15.2 LIMITATIONS 272
15.3 BIOPLASTICS & BIOPOLYMERS MARKET 272
15.3.1 MARKET DEFINITION 272
15.3.2 MARKET OVERVIEW 274
15.3.3 BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE 274
15.3.4 BIOPLASTICS & BIOPOLYMERS MARKET, BY REGION 278
15.4 ORGANIC ACID MARKET 280
15.4.1 MARKET DEFINITION 280
15.4.2 MARKET OVERVIEW 280
15.4.3 ORGANIC ACID MARKET, BY APPLICATION 280
15.4.4 ORGANIC ACID MARKET, BY REGION 281
16 APPENDIX 283
16.1 DISCUSSION GUIDE 283
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 289
16.3 CUSTOMIZATION OPTIONS 291
16.4 RELATED REPORTS 291
16.5 AUTHOR DETAILS 292
TABLE 1 USD EXCHANGE RATES CONSIDERED, 2019-2022 TABLE 2 LACTIC ACID MARKET SNAPSHOT, 2023 VS. 2028 TABLE 3 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS TABLE 4 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS TABLE 5 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS TABLE 6 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS TABLE 7 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS TABLE 8 LIST OF MAJOR PATENTS PERTAINING TO LACTIC ACID MARKET, 2013-2022 TABLE 9 IMPORT VALUE OF LACTIC ACID FOR KEY COUNTRIES, 2022 (USD THOUSAND) TABLE 10 EXPORT VALUE OF LACTIC ACID FOR KEY COUNTRIES, 2022 (USD THOUSAND) TABLE 11 LACTIC ACID MARKET: AVERAGE SELLING PRICE, BY REGION, 2020-2022 (USD PER TON) TABLE 12 POLYLACTIC ACID MARKET: AVERAGE SELLING PRICE, BY REGION, 2020-2022 (USD PER TON) TABLE 13 LACTIC ACID MARKET: ECOSYSTEM TABLE 14 LACTIC ACID MARKET: PORTER’S FIVE FORCES ANALYSIS TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR LACTIC ACID, BY APPLICATION (%) TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR POLYLACTIC ACID, BY APPLICATION (%) TABLE 17 KEY CRITERIA FOR SELECTING SUPPLIER/VENDOR TABLE 18 KEY CONFERENCES AND EVENTS IN LACTIC ACID MARKET, 2023-2024 TABLE 19 LACTIC ACID MARKET SIZE, BY RAW MATERIALS, 2018-2022 (USD MILLION) TABLE 20 LACTIC ACID MARKET SIZE, BY RAW MATERIALS, 2023-2028 (USD MILLION) TABLE 21 LACTIC ACID MARKET SIZE IN CORN, BY REGION, 2018-2022 (USD MILLION) TABLE 22 LACTIC ACID MARKET SIZE IN CORN, BY REGION, 2023-2028 (USD MILLION) TABLE 23 LACTIC ACID MARKET SIZE IN CASSAVA, BY REGION, 2018-2022 (USD MILLION) TABLE 24 LACTIC ACID MARKET SIZE IN CASSAVA, BY REGION, 2023-2028 (USD MILLION) TABLE 25 LACTIC ACID MARKET SIZE IN SUGARCANE, BY REGION, 2018-2022 (USD MILLION) TABLE 26 LACTIC ACID MARKET SIZE IN SUGARCANE, BY REGION, 2023-2028 (USD MILLION) TABLE 27 LACTIC ACID MARKET SIZE IN YEAST EXTRACT, BY REGION, 2018-2022 (USD MILLION) TABLE 28 LACTIC ACID MARKET SIZE IN YEAST EXTRACT, BY REGION, 2023-2028 (USD MILLION) TABLE 29 LACTIC ACID MARKET SIZE IN AGRICULTURE, BY REGION, 2018-2022 (USD MILLION) TABLE 30 LACTIC ACID MARKET SIZE IN AGRICULTURE, BY REGION, 2023-2028 (USD MILLION) TABLE 31 LACTIC ACID MARKET SIZE, BY FORM, 2018-2022 (USD MILLION) TABLE 32 LACTIC ACID MARKET SIZE, BY FORM, 2023-2028 (USD MILLION) TABLE 33 LIQUID LACTIC ACID MARKET SIZE, BY REGION, 2018-2022 (USD MILLION) TABLE 34 LIQUID LACTIC ACID MARKET SIZE, BY REGION, 2023-2028 (USD MILLION) TABLE 35 DRY LACTIC ACID MARKET SIZE, BY REGION, 2018-2022 (USD MILLION) TABLE 36 DRY LACTIC ACID MARKET SIZE, BY REGION, 2023-2028 (USD MILLION) TABLE 37 LACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 38 LACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 39 LACTIC ACID MARKET SIZE IN BIODEGRADABLE POLYMERS, BY REGION, 2018-2022 (USD MILLION) TABLE 40 LACTIC ACID MARKET SIZE IN BIODEGRADABLE POLYMERS, BY REGION, 2023-2028 (USD MILLION) TABLE 41 LACTIC ACID MARKET SIZE IN FOOD & BEVERAGES, BY REGION, 2018-2022 (USD MILLION) TABLE 42 LACTIC ACID MARKET SIZE IN FOOD & BEVERAGES, BY REGION, 2023-2028 (USD MILLION) TABLE 43 LACTIC ACID MARKET SIZE IN FOOD & BEVERAGES, BY SUB-APPLICATION, 2018-2022 (USD MILLION) TABLE 44 LACTIC ACID MARKET SIZE IN FOOD & BEVERAGES, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 45 LACTIC ACID MARKET SIZE IN BEVERAGES, BY REGION, 2018-2022 (USD MILLION) TABLE 46 LACTIC ACID MARKET SIZE IN BEVERAGES, BY REGION, 2023-2028 (USD MILLION) TABLE 47 LACTIC ACID MARKET SIZE IN BAKERY & CONFECTIONERY PRODUCTS, BY REGION, 2018-2022 (USD MILLION) TABLE 48 LACTIC ACID MARKET SIZE IN BAKERY & CONFECTIONERY PRODUCTS, BY REGION, 2023-2028 (USD MILLION) TABLE 49 LACTIC ACID MARKET SIZE IN DAIRY PRODUCTS, BY REGION, 2018-2022 (USD MILLION) TABLE 50 LACTIC ACID MARKET SIZE IN DAIRY PRODUCTS, BY REGION, 2023-2028 (USD MILLION) TABLE 51 LACTIC ACID MARKET SIZE IN MEAT PRODUCTS, BY REGION, 2018-2022 (USD MILLION) TABLE 52 LACTIC ACID MARKET SIZE IN MEAT PRODUCTS, BY REGION, 2023-2028 (USD MILLION) TABLE 53 LACTIC ACID MARKET SIZE IN OTHER FOOD PRODUCTS, BY REGION, 2018-2022 (USD MILLION) TABLE 54 LACTIC ACID MARKET SIZE IN OTHER FOOD PRODUCTS, BY REGION, 2023-2028 (USD MILLION) TABLE 55 LACTIC ACID MARKET SIZE IN PERSONAL CARE PRODUCTS, BY REGION, 2018-2022 (USD MILLION) TABLE 56 LACTIC ACID MARKET SIZE IN PERSONAL CARE PRODUCTS, BY REGION, 2023-2028 (USD MILLION) TABLE 57 LACTIC ACID MARKET SIZE IN PHARMACEUTICAL PRODUCTS, BY REGION, 2018-2022 (USD MILLION) TABLE 58 LACTIC ACID MARKET SIZE IN PHARMACEUTICAL PRODUCTS, BY REGION, 2023-2028 (USD MILLION) TABLE 59 LACTIC ACID MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2018-2022 (USD MILLION) TABLE 60 LACTIC ACID MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2023-2028 (USD MILLION) TABLE 61 POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 62 POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 63 POLYLACTIC ACID MARKET SIZE IN PACKAGING, BY REGION, 2018-2022 (USD MILLION) TABLE 64 POLYLACTIC ACID MARKET SIZE IN PACKAGING, BY REGION, 2023-2028 (USD MILLION) TABLE 65 POLYLACTIC ACID MARKET SIZE IN FIBER & FABRICS, BY REGION, 2018-2022 (USD MILLION) TABLE 66 POLYLACTIC ACID MARKET SIZE IN FIBER & FABRICS, BY REGION, 2023-2028 (USD MILLION) TABLE 67 POLYLACTIC ACID MARKET SIZE IN AUTOMOBILES, BY REGION, 2018-2022 (USD MILLION) TABLE 68 POLYLACTIC ACID MARKET SIZE IN AUTOMOBILES, BY REGION, 2023-2028 (USD MILLION) TABLE 69 POLYLACTIC ACID MARKET SIZE IN ELECTRONICS & ELECTRICALS, BY REGION, 2018-2022 (USD MILLION) TABLE 70 POLYLACTIC ACID MARKET SIZE IN ELECTRONICS & ELECTRICALS, BY REGION, 2023-2028 (USD MILLION) TABLE 71 POLYLACTIC ACID MARKET SIZE IN AGRICULTURE, BY REGION, 2018-2022 (USD MILLION) TABLE 72 POLYLACTIC ACID MARKET SIZE IN AGRICULTURE, BY REGION, 2023-2028 (USD MILLION) TABLE 73 POLYLACTIC ACID MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2018-2022(USD MILLION) TABLE 74 POLYLACTIC ACID MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2023-2028 (USD MILLION) TABLE 75 LACTIC ACID MARKET, BY REGION, 2018-2022 (USD MILLION) TABLE 76 LACTIC ACID MARKET, BY REGION, 2023-2028 (USD MILLION) TABLE 77 LACTIC ACID MARKET, BY REGION, 2018-2022 (KT) TABLE 78 LACTIC ACID MARKET, BY REGION, 2023-2028 (KT) TABLE 79 NORTH AMERICA: LACTIC ACID MARKET, BY COUNTRY, 2018-2022 (USD MILLION) TABLE 80 NORTH AMERICA: LACTIC ACID MARKET, BY COUNTRY, 2023-2028 (USD MILLION) TABLE 81 NORTH AMERICA: LACTIC ACID MARKET, BY COUNTRY, 2018-2022 (KT) TABLE 82 NORTH AMERICA: LACTIC ACID MARKET, BY COUNTRY, 2023-2028 (KT) TABLE 83 NORTH AMERICA: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 84 NORTH AMERICA: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 85 NORTH AMERICA: LACTIC ACID MARKET IN FOOD & BEVERAGES, BY SUB-APPLICATION, 2018-2022 (USD MILLION) TABLE 86 NORTH AMERICA: LACTIC ACID MARKET SIZE IN FOOD & BEVERAGES, BY SUB-APPLICATION, 2023-2028 (USD MILLION) TABLE 87 NORTH AMERICA: LACTIC ACID MARKET, BY RAW MATERIALS, 2018-2022 (USD MILLION) TABLE 88 NORTH AMERICA: LACTIC ACID MARKET, BY RAW MATERIALS, 2023-2028 (USD MILLION) TABLE 89 NORTH AMERICA: LACTIC ACID MARKET, BY FORM, 2018-2022 (USD MILLION) TABLE 90 NORTH AMERICA: LACTIC ACID MARKET, BY FORM, 2023-2028 (USD MILLION) TABLE 91 US: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 92 US: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 93 CANADA: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 94 CANADA: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 95 MEXICO: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 96 MEXICO: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 97 EUROPE: LACTIC ACID MARKET, BY COUNTRY, 2018-2022 (USD MILLION) TABLE 98 EUROPE: LACTIC ACID MARKET, BY COUNTRY, 2023-2028 (USD MILLION) TABLE 99 EUROPE: LACTIC ACID MARKET, BY COUNTRY, 2018-2022 (KT) TABLE 100 EUROPE: LACTIC ACID MARKET, BY COUNTRY, 2023-2028 (KT) TABLE 101 EUROPE: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 102 EUROPE: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 103 EUROPE: LACTIC ACID MARKET IN FOOD & BEVERAGES, BY SUB-APPLICATION, 2018-2022 (USD MILLION) TABLE 104 EUROPE: LACTIC ACID MARKET IN FOOD & BEVERAGES, BY SUB-APPLICATION, 2023-2028 (USD MILLION) TABLE 105 EUROPE: LACTIC ACID MARKET, BY RAW MATERIALS, 2018-2022 (USD MILLION) TABLE 106 EUROPE: LACTIC ACID MARKET, BY RAW MATERIALS, 2023-2028 (USD MILLION) TABLE 107 EUROPE: LACTIC ACID MARKET, BY FORM, 2018-2022 (USD MILLION) TABLE 108 EUROPE: LACTIC ACID MARKET, BY FORM, 2023-2028 (USD MILLION) TABLE 109 GERMANY: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 110 GERMANY: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 111 ITALY: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 112 ITALY: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 113 SPAIN: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 114 SPAIN: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 115 FRANCE: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 116 FRANCE: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 117 UK: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 118 UK: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 119 REST OF EUROPE: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 120 REST OF EUROPE: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 121 ASIA PACIFIC: LACTIC ACID MARKET, BY COUNTRY, 2018-2022 (USD MILLION) TABLE 122 ASIA PACIFIC: LACTIC ACID MARKET, BY COUNTRY, 2023-2028 (USD MILLION) TABLE 123 ASIA PACIFIC: LACTIC ACID MARKET, BY COUNTRY, 2018-2022 (KT) TABLE 124 ASIA PACIFIC: LACTIC ACID MARKET, BY COUNTRY, 2023-2028 (KT) TABLE 125 ASIA PACIFIC: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 126 ASIA PACIFIC: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 127 ASIA PACIFIC: LACTIC ACID MARKET IN FOOD & BEVERAGES, BY SUB-APPLICATION, 2018-2022 (USD MILLION) TABLE 128 ASIA PACIFIC: LACTIC ACID MARKET IN FOOD & BEVERAGES, BY SUB-APPLICATION, 2023-2028 (USD MILLION) TABLE 129 ASIA PACIFIC: LACTIC ACID MARKET, BY RAW MATERIALS, 2018-2022 (USD MILLION) TABLE 130 ASIA PACIFIC: LACTIC ACID MARKET, BY RAW MATERIALS, 2023-2028 (USD MILLION) TABLE 131 ASIA PACIFIC: LACTIC ACID MARKET, BY FORM, 2018-2022 (USD MILLION) TABLE 132 ASIA PACIFIC: LACTIC ACID MARKET, BY FORM, 2023-2028 (USD MILLION) TABLE 133 CHINA: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 134 CHINA: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 135 JAPAN: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 136 JAPAN: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 137 INDIA: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 138 INDIA: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 139 AUSTRALIA & NEW ZEALAND: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 140 AUSTRALIA & NEW ZEALAND: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 141 REST OF ASIA PACIFIC: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 142 REST OF ASIA PACIFIC: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 143 ROW: LACTIC ACID MARKET, BY COUNTRY, 2018-2022 (USD MILLION) TABLE 144 ROW: LACTIC ACID MARKET, BY COUNTRY, 2023-2028 (USD MILLION) TABLE 145 ROW: LACTIC ACID MARKET, BY REGION, 2018-2022 (KT) TABLE 146 ROW: LACTIC ACID MARKET, BY REGION, 2023-2028 (KT) TABLE 147 ROW: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 148 ROW: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 149 ROW: LACTIC ACID MARKET IN FOOD & BEVERAGES, BY SUB-APPLICATION, 2018-2022 (USD MILLION) TABLE 150 ROW: LACTIC ACID MARKET SIZE IN FOOD & BEVERAGES, BY SUB-APPLICATION, 2023-2028 (USD MILLION) TABLE 151 ROW: LACTIC ACID MARKET, BY RAW MATERIALS, 2018-2022 (USD MILLION) TABLE 152 ROW: LACTIC ACID MARKET, BY RAW MATERIALS, 2023-2028 (USD MILLION) TABLE 153 ROW: LACTIC ACID MARKET, BY FORM, 2018-2022 (USD MILLION) TABLE 154 ROW: LACTIC ACID MARKET, BY FORM, 2023-2028 (USD MILLION) TABLE 155 SOUTH AMERICA: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 156 SOUTH AMERICA: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 157 MIDDLE EAST: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 158 MIDDLE EAST: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 159 AFRICA: LACTIC ACID MARKET, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 160 AFRICA: LACTIC ACID MARKET, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 161 POLYLACTIC ACID MARKET SIZE, BY REGION, 2018-2022 (USD MILLION) TABLE 162 POLYLACTIC ACID MARKET SIZE, BY REGION, 2023-2028 (USD MILLION) TABLE 163 POLYLACTIC ACID MARKET SIZE, BY REGION, 2018-2022 (KT) TABLE 164 POLYLACTIC ACID MARKET SIZE, BY REGION, 2023-2028 (KT) TABLE 165 NORTH AMERICA: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2018-2022 (USD MILLION) TABLE 166 NORTH AMERICA: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2023-2028 (USD MILLION) TABLE 167 NORTH AMERICA: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2018-2022 (KT) TABLE 168 NORTH AMERICA: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2023-2028 (KT) TABLE 169 NORTH AMERICA: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 170 NORTH AMERICA: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 171 NORTH AMERICA: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2018-2022 (USD MILLION) TABLE 172 NORTH AMERICA: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2023-2028 (USD MILLION) TABLE 173 US: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 174 US: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 175 CANADA: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 176 CANADA: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 177 MEXICO: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 178 MEXICO: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 179 EUROPE: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2018-2022 (USD MILLION) TABLE 180 EUROPE: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2023-2028 (USD MILLION) TABLE 181 EUROPE: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2018-2022 (KT) TABLE 182 EUROPE: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2023-2028 (KT) TABLE 183 EUROPE: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 184 EUROPE: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 185 GERMANY: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 186 GERMANY: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 187 ITALY: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 188 ITALY: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 189 SPAIN: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 190 SPAIN: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 191 UK: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 192 UK: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 193 FRANCE: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 194 FRANCE: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 195 REST OF EUROPE: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 196 REST OF EUROPE: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 197 ASIA PACIFIC: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2018-2022 (USD MILLION) TABLE 198 ASIA PACIFIC: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2023-2028 (USD MILLION) TABLE 199 ASIA PACIFIC: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2018-2022 (KT) TABLE 200 ASIA PACIFIC: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2023-2028 (KT) TABLE 201 ASIA PACIFIC: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 202 ASIA PACIFIC: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 203 CHINA: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 204 CHINA: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 205 JAPAN: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 206 JAPAN: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 207 INDIA: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 208 INDIA: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 209 AUSTRALIA & NEW ZEALAND: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 210 AUSTRALIA & NEW ZEALAND: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 211 REST OF ASIA PACIFIC: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 212 REST OF ASIA PACIFIC: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 213 ROW: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2018-2022 (USD MILLION) TABLE 214 ROW: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2023-2028 (USD MILLION) TABLE 215 ROW: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2018-2022 (KT) TABLE 216 ROW: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2023-2028 (KT) TABLE 217 ROW: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 218 ROW: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 219 ROW: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2018-2022 (USD MILLION) TABLE 220 ROW: POLYLACTIC ACID MARKET SIZE, BY COUNTRY, 2023-2028 (USD MILLION) TABLE 221 SOUTH AMERICA: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 222 SOUTH AMERICA: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 223 MIDDLE EAST: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 224 MIDDLE EAST: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 225 AFRICA: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2018-2022 (USD MILLION) TABLE 226 AFRICA: POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023-2028 (USD MILLION) TABLE 227 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS TABLE 228 MARKET SHARE ANALYSIS OF LACTIC ACID MARKET, 2022 TABLE 229 LACTIC ACID MARKET: COMPANY APPLICATION FOOTPRINT TABLE 230 LACTIC ACID MARKET: COMPANY REGION FOOTPRINT TABLE 231 POLYLACTIC ACID MARKET: COMPANY APPLICATION FOOTPRINT TABLE 232 POLYLACTIC ACID MARKET: COMPANY REGION FOOTPRINT TABLE 233 LACTIC ACID MARKET: DETAILED LIST OF KEY STARTUPS/SMES TABLE 234 LACTIC ACID MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES TABLE 235 POLYLACTIC ACID MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES TABLE 236 LACTIC ACID MARKET: PRODUCT LAUNCHES, 2019-2022 TABLE 237 LACTIC ACID MARKET: DEALS, 2019-2022 TABLE 238 LACTIC ACID MARKET: OTHERS, 2019-2022 TABLE 239 CORBION: BUSINESS OVERVIEW TABLE 240 CORBION: PRODUCTS OFFERED TABLE 241 CORBION: OTHERS TABLE 242 CARGILL, INCORPORATED: BUSINESS OVERVIEW TABLE 243 CARGILL, INCORPORATED: PRODUCTS OFFERED TABLE 244 CARGILL, INCORPORATED: PRODUCT LAUNCHES TABLE 245 CARGILL, INCORPORATED: DEALS TABLE 246 CARGILL, INCORPORATED: OTHERS TABLE 247 GALACTIC: BUSINESS OVERVIEW TABLE 248 GALACTIC: PRODUCTS OFFERED TABLE 249 GALACTIC: OTHERS TABLE 250 UNITIKA LTD: BUSINESS OVERVIEW TABLE 251 UNITIKA LTD: PRODUCTS OFFERED TABLE 252 SULZER LTD: COMPANY OVERVIEW TABLE 253 SULZER LTD: PRODUCT OFFERINGS TABLE 254 SULZER LTD: OTHERS TABLE 255 TORAY INDUSTRIES: COMPANY OVERVIEW TABLE 256 TORAY INDUSTRIES: PRODUCT OFFERINGS TABLE 257 TORAY INDUSTRIES: PRODUCT LAUNCHES TABLE 258 HENAN JINDAN LACTIC ACID TECHNOLOGY CO., LTD.: BUSINESS OVERVIEW TABLE 259 HENAN JINDAN LACTIC ACID TECHNOLOGY CO., LTD: OTHERS TABLE 260 MUSASHINO CHEMICAL LABORATORY, LTD: BUSINESS OVERVIEW TABLE 261 VIGON INTERNATIONAL, LLC: BUSINESS OVERVIEW TABLE 262 HENAN XINGHAN BIOTECHNOLOGY CO. LTD: BUSINESS OVERVIEW TABLE 263 DANIMER SCIENTIFIC: BUSINESS OVERVIEW TABLE 264 JUNGBUNZLAUER SUISSE AG: BUSINESS OVERVIEW TABLE 265 FOODCHEM INTERNATIONAL CORPORATION: BUSINESS OVERVIEW TABLE 266 VAISHNAVI BIO-TECH INTERNATIONAL LIMITED: BUSINESS OVERVIEW TABLE 267 SPECTRUM CHEMICAL: BUSINESS OVERVIEW TABLE 268 GODAVARI BIO-REFINERIES LTD: BUSINESS OVERVIEW TABLE 269 PROAGRO GMBH: BUSINESS OVERVIEW TABLE 270 BIOPLASTICS & BIOPOLYMERS: DEFINITION TABLE 271 BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE, 2018-2021 (KT) TABLE 272 BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE, 2022-2027 (KT) TABLE 273 BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE, 2018-2021 (USD MILLION) TABLE 274 BIOPLASTICS & BIOPOLYMERS MARKET, BY PRODUCT TYPE, 2022-2027 (USD MILLION) TABLE 275 BIOPLASTICS & BIOPOLYMERS MARKET, BY REGION, 2018-2021 (KILOTON) TABLE 276 BIOPLASTICS & BIOPOLYMERS MARKET, BY REGION, 2022-2027 (KILOTON) TABLE 277 BIOPLASTICS & BIOPOLYMERS MARKET, BY REGION, 2018-2021 (USD MILLION) TABLE 278 BIOPLASTICS & BIOPOLYMERS MARKET, BY REGION, 2022-2027 (USD MILLION) TABLE 279 ORGANIC ACID MARKET, BY APPLICATION, 2015-2022 (USD MILLION) TABLE 280 ORGANIC ACID MARKET, BY APPLICATION, 2015-2022 (KT) TABLE 281 ORGANIC ACID MARKET, BY REGION, 2015-2022 (USD MILLION) TABLE 282 ORGANIC ACID MARKET, BY REGION, 2015-2022 (KT)
FIGURE 1 MARKET SEGMENTATION FIGURE 2 REGIONAL SEGMENTATION FIGURE 3 YEARS CONSIDERED FIGURE 4 LACTIC ACID MARKET: RESEARCH DESIGN FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: BY VALUE CHAIN, DESIGNATION, AND REGION FIGURE 6 KEY ECONOMIES BASED ON GROSS DOMESTIC PRODUCT, 2019-2021 (USD TRILLION) FIGURE 7 DATA TRIANGULATION AND MARKET BREAKDOWN FIGURE 8 INDICATORS OF RECESSION FIGURE 9 WORLD INFLATION RATE: 2011-2021 FIGURE 10 GLOBAL GROSS DOMESTIC PRODUCT: 2011-2021 (USD TRILLION) FIGURE 11 RECESSION INDICATORS AND THEIR IMPACT ON LACTIC ACID MARKET FIGURE 12 GLOBAL LACTIC ACID MARKET: CURRENT FORECAST VS. RECESSION FORECAST FIGURE 13 GLOBAL POLYLACTIC ACID MARKET: CURRENT FORECAST VS. RECESSION FORECAST FIGURE 14 LACTIC ACID MARKET SIZE, BY APPLICATION, 2023 VS. 2028 (USD MILLION) FIGURE 15 LACTIC ACID MARKET SIZE, BY FOOD & BEVERAGES SUB-APPLICATION, 2023 VS. 2028 (USD MILLION) FIGURE 16 POLYLACTIC ACID MARKET SIZE, BY APPLICATION, 2023 VS. 2028 (USD MILLION) FIGURE 17 LACTIC ACID MARKET SIZE, BY FORM, 2023 VS. 2028 (USD MILLION) FIGURE 18 LACTIC ACID MARKET SIZE, BY RAW MATERIAL, 2023 VS. 2028 (USD MILLION) FIGURE 19 REGIONAL SNAPSHOT OF LACTIC ACID MARKET FIGURE 20 REGIONAL SNAPSHOT OF POLYLACTIC ACID MARKET FIGURE 21 INCREASE IN DEMAND FOR PROCESSED AND PACKAGED FOOD & BEVERAGES PROJECTED TO DRIVE MARKET GROWTH FIGURE 22 BIODEGRADABLE PROPERTIES OF PLA PROJECTED TO DRIVE MARKET GROWTH FIGURE 23 CHINA HOLDS LARGEST MARKET FOR LACTIC ACID IN 2023 FIGURE 24 CHINA HOLDS LARGEST MARKET FOR POLYLACTIC ACID IN 2023 FIGURE 25 BIO-DEGRADABLE POLYMERS ACCOUNTED FOR LARGEST MARKET SHARE IN NORTH AMERICA FIGURE 26 PACKAGING ACCOUNTED FOR LARGEST MARKET SHARE IN NORTH AMERICA FIGURE 27 NORTH AMERICA AND SUGARCANE PROJECTED TO DOMINATE MARKET FIGURE 28 LIQUID FORM PROJECTED TO DOMINATE MARKET DURING FORECAST PERIOD FIGURE 29 BIODEGRADABLE POLYMERS PROJECTED TO DOMINATE MARKET FIGURE 30 BAKERY & CONFECTIONERY EXPECTED TO REGISTER GROWTH IN MARKET FIGURE 31 PACKAGING PROJECTED TO DOMINATE POLYLACTIC ACID MARKET FIGURE 32 BIOPLASTICS: GLOBAL PRODUCTION CAPACITY, 2021-2027 (MILLION TON) FIGURE 33 LACTIC ACID & POLYLACTIC ACID MARKET DYNAMICS FIGURE 34 POLYLACTIC ACID: GLOBAL PRODUCTION CAPACITY, BY END USER APPLICATION, 2022 FIGURE 35 GLOBAL EXPENDITURE ON R&D, 2019-2021 (USD MILLION) FIGURE 36 LACTIC ACID MARKET: VALUE CHAIN ANALYSIS FIGURE 37 REVENUE SHIFT FOR LACTIC ACID MARKET FIGURE 38 NUMBER OF PATENTS GRANTED FOR LACTIC ACID IN GLOBAL MARKET, 2013-2022 FIGURE 39 REGIONAL ANALYSIS OF PATENTS GRANTED IN LACTIC ACID MARKET FIGURE 40 LACTIC ACID: MARKET MAP FIGURE 41 INFLUENCE OF STAKEHOLDERS ON BUYING LACTIC ACID FOR DIFFERENT APPLICATIONS FIGURE 42 INFLUENCE OF STAKEHOLDERS ON BUYING POLYLACTIC ACID FOR DIFFERENT APPLICATIONS FIGURE 43 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS FIGURE 44 LACTIC ACID MARKET SIZE (VALUE), BY RAW MATERIAL, 2023 VS. 2028 FIGURE 45 LACTIC ACID MARKET SIZE, BY FORM, 2023 VS. 2028 (USD MILLION) FIGURE 46 LACTIC ACID MARKET SHARE (VALUE), BY APPLICATION, 2023 VS. 2028 FIGURE 47 POLYLACTIC ACID MARKET SIZE (VALUE), BY APPLICATION, 2023 VS. 2028 FIGURE 48 REGIONAL SNAPSHOT: NEW HOTSPOTS TO EMERGE IN ASIA PACIFIC, 2023 VS. 2028 FIGURE 49 NORTH AMERICA: LACTIC ACID MARKET SNAPSHOT FIGURE 50 NORTH AMERICAN LACTIC ACID MARKET: RECESSION IMPACT ANALYSIS FIGURE 51 ASIA PACIFIC: LACTIC ACID MARKET SNAPSHOT FIGURE 52 REGIONAL SNAPSHOT: CHINA RECORDS SIGNIFICANT GROWTH RATE FIGURE 53 EUROPE: MARKET SNAPSHOT FIGURE 54 ASIA PACIFIC: POLYLACTIC ACID MARKET SNAPSHOT FIGURE 55 REVENUE ANALYSIS OF KEY PLAYERS IN LACTIC ACID MARKET, 2020-2022 (USD BILLION) FIGURE 56 GLOBAL LACTIC ACID & POLYLACTIC ACID MARKET, COMPANY EVALUATION QUADRANT, KEY PLAYERS, 2022 FIGURE 57 LACTIC ACID MARKET: EVALUATION QUADRANT OF STARTUPS/SMES FIGURE 58 CORBION: COMPANY SNAPSHOT FIGURE 59 CARGILL, INCORPORATED: COMPANY SNAPSHOT FIGURE 60 UNITIKA LTD: COMPANY SNAPSHOT FIGURE 61 SULZER LTD: COMPANY SNAPSHOT FIGURE 62 TORAY INDUSTRIES: COMPANY SNAPSHOT FIGURE 63 HENAN JINDAN LACTIC ACID TECHNOLOGY CO., LTD: COMPANY SNAPSHOT
