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Lactic Acid Market Size, Share & Trends Analysis Report by Raw Material (Corn, Sugarcane, Cassava, Yeast Extract), Application (Pharmaceuticals, Personal Care, Industrial, Food & Beverages, Polylactic Acid), and Region with Growth Forecasts, 2026-2033

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    Report

  • 150 Pages
  • December 2025
  • Region: Global
  • Grand View Research
  • ID: 4751812
The global lactic acid market size was estimated at USD 3.68 billion in 2025 and is projected to reach USD 6.65 billion by 2033, growing at a CAGR of 7.7% from 2026 to 2033. Growing consumer and regulatory push toward sustainable materials is accelerating the adoption of lactic acid as a key building block for bioplastics, cosmetics, and food ingredients.

Its versatility across end-use industries is strengthening its market penetration, while manufacturers scale production capacities to meet expanding global demand. The rising focus on clean-label and functional nutrition is boosting lactic acid utilization as a preservative, acidity regulator, and flavor enhancer. As brands shift toward natural formulation frameworks, lactic acid’s safety profile and multifunctionality are positioning it as a preferred ingredient across premium food and beverage categories.

Surging global investments in PLA-based bioplastic production are opening high-value opportunities for lactic acid manufacturers. Strategic collaborations, downstream integration, and capacity expansions can enable players to capture rising demand from packaging, 3D printing, and sustainable materials markets.

Global Lactic Acid Market Report Segmentation

This report forecasts volume & revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2033. The report has segmented the global lactic acid market report based on raw material, application, and region:
  • Raw Material Outlook (Volume, Kilotons; Revenue, USD Million, 2018-2033)
  • Corn
  • Sugarcane
  • Cassava
  • Yeast Extract
  • Other Crops
  • Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018-2033)
  • Industrial
  • Food & Beverages
  • Pharmaceuticals
  • Personal Care
  • Polylactic Acid
  • Other Applications
  • Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018-2033)
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

Why You Should Buy This Report

  • Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listings for you to stay ahead of the curve

Table of Contents

Chapter 1. Methodology And Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Lactic Acid Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Lactic Acid Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Raw Material Outlook
3.2.2. Manufacturing Trends
3.2.3. Sales Channel Analysis
3.3. Price Trend Analysis, 2018-2033
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Industry Analysis Tools
3.5.1. Porter’s Five Forces Analysis
3.5.2. Macro-Environmental Analysis
Chapter 4. Lactic Acid Market: Raw Material Estimates & Trend Analysis
4.1. Raw Material Movement Analysis & Market Share, 2023 & 2033
4.2. Corn
4.2.1. Corn Lactic Acid Market Estimates & Forecast, 2018 To 2033 (Kilotons) (USD Million)
4.3. Sugarcane
4.3.1. Sugarcane Lactic Acid Market Estimates And Forecasts, 2018-2033 (Kilotons) (USD Million)
4.4. Cassava
4.4.1. Cassava Lactic Acid Market Estimates And Forecasts, 2018-2033 (Kilotons) (USD Million)
4.5. Yeast Extract
4.5.1. Yeast Extract Lactic Acid Market Estimates And Forecasts, 2018-2033 (Kilotons) (USD Million)
4.6. Other Crops
4.6.1. Other Crops Product Lactic Acid Market Estimates And Forecasts, 2018-2033 (Kilotons) (USD Million)
Chapter 5. Lactic Acid Market: Application Estimates & Trend Analysis
5.1. Application Movement Analysis & Market Share, 2023 & 2033
5.2. Industrial
5.2.1. Industrial Lactic Acid Market Estimates & Forecast, by Application, 2018 To 2033 (Kilotons) (USD Million)
5.3. Food & Beverages
5.3.1. Food & Beverages Lactic Acid Market Estimates And Forecasts, by Application, 2018-2033 (Kilotons) (USD Million)
5.3.1.1. Beverages Lactic Acid Market Estimates And Forecasts, by Application, 2018-2033 (Kilotons) (USD Million)
5.3.1.2. Bakery & Confectionary Products Lactic Acid Market Estimates And Forecasts, by Application, 2018-2033 (Kilotons) (USD Million)
5.3.1.3. Dairy Products Lactic Acid Market Estimates And Forecasts, by Application, 2018-2033 (Kilotons) (USD Million)
5.3.1.4. Meat Products Lactic Acid Market Estimates And Forecasts, by Application, 2018-2033 (Kilotons) (USD Million)
5.3.1.5. Other Food Products Lactic Acid Market Estimates And Forecasts, by Application, 2018-2033 (Kilotons) (USD Million)
5.4. Pharmaceuticals
5.4.1. Pharmaceuticals Lactic Acid Market Estimates And Forecasts, by Application, 2018-2033 (Kilotons) (USD Million)
5.5. Personal Care
5.5.1. Personal Care Lactic Acid Market Estimates And Forecasts, by Application, 2018-2033 (Kilotons) (USD Million)
5.6. Polylactic Acid
5.6.1. Polylactic Acid Lactic Acid Market Estimates And Forecasts, by Application, 2018-2033 (Kilotons) (USD Million)
5.7. Other Application
5.7.1. Other Applications Lactic Acid Market Estimates And Forecasts, by Application, 2018-2033 (Kilotons) (USD Million)
Chapter 6. Lactic Acid Market: Regional Estimates & Trend Analysis
6.1. Regional Movement Analysis & Market Share, 2023 & 2033
6.2. North America
6.2.1. North America Lactic Acid Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.2.2. U.S.
6.2.2.1. Key Country Dynamics
6.2.2.2. U.S. Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.2.3. Canada
6.2.3.1. Key Country Dynamics
6.2.3.2. Canada Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.2.4. Mexico
6.2.4.1. Key Country Dynamics
6.2.4.2. Mexico Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.3. Europe
6.3.1. Europe Lactic Acid Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.3.2. Germany
6.3.2.1. Key Country Dynamics
6.3.2.2. Germany Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.3.3. France
6.3.3.1. Key Country Dynamics
6.3.3.2. France Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.3.4. U.K.
6.3.4.1. Key Country Dynamics
6.3.4.2. U.K. Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.3.5. Italy
6.3.5.1. Key Country Dynamics
6.3.5.2. Italy Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.3.6. Netherlands
6.3.6.1. Key Country Dynamics
6.3.6.2. Netherlands Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.4. Asia-Pacific
6.4.1. Asia-Pacific Lactic Acid Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.4.2. China
6.4.2.1. Key Country Dynamics
6.4.2.2. China Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.4.3. Japan
6.4.3.1. Key Country Dynamics
6.4.3.2. Japan Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.4.4. India
6.4.4.1. Key Country Dynamics
6.4.4.2. India Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.4.5. South Korea
6.4.5.1. Key Country Dynamics
6.4.5.2. South Korea Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.5. Latin America
6.5.1. Latin America Lactic Acid Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.5.2. Brazil
6.5.2.1. Key Country Dynamics
6.5.2.2. Brazil Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.5.3. Argentina
6.5.3.1. Key Country Dynamics
6.5.3.2. Argentina Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.6. Middle East & Africa
6.6.1. Middles East & Africa Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.6.2. South Africa
6.6.2.1. Key Country Dynamics
6.6.2.2. South Africa Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
6.6.3. Saudi Arabia
6.6.3.1. Key Country Dynamics
6.6.3.2. Saudi Arabia Lactic Acid Market Estimates & Forecast, 2018-2033 (Kilotons) (USD Million)
Chapter 7. Lactic Acid Market - Competitive Landscape
7.1. Recent Developments & Impact Analysis, by Key Market Participants
7.2. Company Categorization
7.3. Company Market Share/Position Analysis, 2023
7.4. Company Heat Map Analysis
7.5. Regional Market Analysis
7.6. Strategy Mapping
7.7. Company Profiles
7.7.1. BASF SE
7.7.1.1. Participant’s Overview
7.7.1.2. Financial Performance
7.7.1.3. Product Benchmarking
7.7.1.4. Recent Developments
7.7.2. Galactic
7.7.2.1. Participant’s Overview
7.7.2.2. Financial Performance
7.7.2.3. Product Benchmarking
7.7.2.4. Recent Developments
7.7.3. Musashino Chemical (China) Co., Ltd.
7.7.3.1. Participant’s Overview
7.7.3.2. Financial Performance
7.7.3.3. Product Benchmarking
7.7.3.4. Recent Developments
7.7.4. Futerro
7.7.4.1. Participant’s Overview
7.7.4.2. Financial Performance
7.7.4.3. Product Benchmarking
7.7.4.4. Recent Developments
7.7.5. Corbion
7.7.5.1. Participant’s Overview
7.7.5.2. Financial Performance
7.7.5.3. Product Benchmarking
7.7.5.4. Recent Developments
7.7.6. Dow
7.7.6.1. Participant’s Overview
7.7.6.2. Financial Performance
7.7.6.3. Product Benchmarking
7.7.6.4. Recent Developments
7.7.7. TEIJIN LIMITED
7.7.7.1. Participant’s Overview
7.7.7.2. Financial Performance
7.7.7.3. Product Benchmarking
7.7.7.4. Recent Developments
7.7.8. NatureWorks LLC
7.7.8.1. Participant’s Overview
7.7.8.2. Financial Performance
7.7.8.3. Product Benchmarking
7.7.8.4. Recent Developments
7.7.9. Henan Jindan Lactic Acid Technology Co. Ltd.
7.7.9.1. Participant’s Overview
7.7.9.2. Financial Performance
7.7.9.3. Product Benchmarking
7.7.9.4. Recent Developments
7.7.10. thyssenkrupp AG
7.7.10.1. Participant’s Overview
7.7.10.2. Financial Performance
7.7.10.3. Product Benchmarking
7.7.10.4. Recent Developments
7.7.11. Cellulac
7.7.11.1. Participant’s Overview
7.7.11.2. Financial Performance
7.7.11.3. Product Benchmarking
7.7.11.4. Recent Developments
7.7.12. Jungbunzlauer Suisse AG
7.7.12.1. Participant’s Overview
7.7.12.2. Financial Performance
7.7.12.3. Product Benchmarking
7.7.12.4. Recent Developments
7.7.13. Vaishnavi Bio Tech
7.7.13.1. Participant’s Overview
7.7.13.2. Financial Performance
7.7.13.3. Product Benchmarking
7.7.13.4. Recent Developments
7.7.14. Danimer Scientific
7.7.14.1. Participant’s Overview
7.7.14.2. Financial Performance
7.7.14.3. Product Benchmarking
7.7.14.4. Recent Developments
List of Tables
Table 1 List of Potential End-Users
Table 2 Regulatory Framework, by Regions
Table 3 List of Raw Material Suppliers
Table 4 U.S. Macroeconomic Outlay
Table 5 Canada Macroeconomic Outlay
Table 6 Mexico Macroeconomic Outlay
Table 7 Germany Macroeconomic Outlay
Table 9 France Macroeconomic Outlay
Table 9 UK Macroeconomic Outlay
Table 10 Italy Macroeconomic Outlay
Table 9 Netherlands Macroeconomic Outlay
Table 14 China Macroeconomic Outlay
Table 16 Japan Macroeconomic Outlay
Table 17 India Macroeconomic Outlay
Table 17 South Korea Macroeconomic Outlay
Table 17 Brazil Macroeconomic Outlay
Table 20 Argentina Macroeconomic Outlay
Table 22 Saudi Arabia Macroeconomic Outlay
Table 21 South Africa Macroeconomic Outlay
Table 23 Participant's Overview
Table 24 Financial Performance
Table 25 Product Benchmarking
Table 26 Company Heat Map Analysis
Table 27 Key Strategy Mapping
List of Figures
Figure 1 Lactic Acid Market Segmentation
Figure 2 Information Procurement
Figure 3 Data Analysis Models
Figure 4 Market Production And Validation
Figure 5 Data Validating & Publishing
Figure 6 Lactic Acid Market Snapshot
Figure 7 Lactic Acid Market Segmental Outlook, 2023 (Kilotons) (USD Million)
Figure 8 Lactic Acid Market: Competitive Insights
Figure 9 Global Lactic Acid Market, 2023 (Kilotons) (USD Million)
Figure 10 Global Lactic Acid Market Value Chain Analysis
Figure 11 Lactic Acid Market Dynamics
Figure 12 Lactic Acid Market: Porter's Analysis
Figure 13 Lactic Acid Market: Pestel Analysis
Figure 14 Lactic Acid Market Analysis & Segment Forecast, by Raw Material, 2018-2033 (Kilotons) (USD Million)
Figure 15 Corn Lactic Acid Market Analysis & Segment Forecast, by Raw Material, 2018-2033 (Kilotons) (USD Million)
Figure 16 Sugarcane Lactic Acid Market Analysis & Segment Forecast, by Raw Material, 2018-2033 (Kilotons) (USD Million)
Figure 17 Cassava Lactic Acid Market Analysis & Segment Forecast, by Raw Material, 2018-2033 (Kilotons) (USD Million)
Figure 18 Yeast Extract Lactic Acid Market Analysis & Segment Forecast, by Raw Material, 2018-2033 (Kilotons) (USD Million)
Figure 19 Other Crops Lactic Acid Market Analysis & Segment Forecast, by Raw Material, 2018-2033 (Kilotons) (USD Million)
Figure 20 Lactic Acid Market Analysis & Segment Forecast, by Application, 2018-2033 (Kilotons) (USD Million)
Figure 21 Industrial Lactic Acid Market Analysis & Segment Forecast, by Application, 2018-2033 (Kilotons) (USD Million)
Figure 22 Food & Beverages Lactic Acid Market Analysis & Segment Forecast, by Application, 2018-2033 (Kilotons) (USD Million)
Figure 23 Beverages Lactic Acid Market Analysis & Segment Forecast, by Application, 2018-2033 (Kilotons) (USD Million)
Figure 24 Bakery & Confectionary Products Lactic Acid Market Analysis & Segment Forecast, by Application, 2018-2033 (Kilotons) (USD Million)
Figure 25 Dairy Products Lactic Acid Market Analysis & Segment Forecast, by Application, 2018-2033 (Kilotons) (USD Million)
Figure 26 Meat Products Lactic Acid Market Analysis & Segment Forecast, by Application, 2018-2033 (Kilotons) (USD Million)
Figure 27 Other Food Products Lactic Acid Market Analysis & Segment Forecast, by Application, 2018-2033 (Kilotons) (USD Million)
Figure 28 Pharmaceuticals Lactic Acid Market Analysis & Segment Forecast, by Application, 2018-2033 (Kilotons) (USD Million)
Figure 29 Personal Care Lactic Acid Market Analysis & Segment Forecast, by Application, 2018-2033 (Kilotons) (USD Million)
Figure 30 Polylactic Acid Lactic Acid Market Analysis & Segment Forecast, by Application, 2018-2033 (Kilotons) (USD Million)
Figure 31 Other Application Coatings Market Analysis & Segment Forecast, by Application, 2018-2033 (Kilotons) (USD Million)
Figure 32 Lactic Acid Market Analysis & Segment Forecast, by Region, 2018-2033 (Kilotons) (USD Million)
Figure 33 North America Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 34 U.S. Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 35 Canada Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 36 Mexico Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 37 Europe Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 38 Germany Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 39 France Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 40 UK Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 41 Italy Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 42 Netherlands Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 43 Asia-Pacific Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 44 China Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 45 Japan Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 46 India Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 47 South Korea Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 48 Latin America Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 49 Brazil Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 50 Argentina Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 51 Middle East & Africa Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 52 Saudi Arabia Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 53 South Africa Lactic Acid Market Analysis & Segment Forecast, 2018-2033 (Kilotons) (USD Million)
Figure 54 Lactic Acid Market: Company Categorization
Figure 55 Lactic Acid Market: Company Market Share Analysis
Figure 56 Lactic Acid Market: Company Market Positioning Analysis
Figure 57 Lactic Acid Market: Strategy Mapping

Companies Mentioned

The companies profiled in this Lactic Acid market report include:
  • 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

Table Information