Increasing demand from PLA (poly lactic acid) is projected to uplift the demand of lactic acid in the end-use industries. The market is projected to reach more than USD 13 billion by the end of 2028.
Lactic acid bacteria are normally bacteria that are gram-positive. They are non-motile, they have rods and cacti that do not spore. Low yields due to by-creation, a need for nutrient rich medium, a high risk of cell lysis, the need of mixed strains in the development of phage-resistant strains to prevent bacterial-phage infection are among the limitations of bacterial lactic acid production. The industrial development of lactic acid using fermentation systems relies mainly on the prices of the raw materials used. Lactic acid yields are small, provided as a nutrient source by fermentation and wild-type yeast.
As it is simple to do, batch fermentation is the most commonly performed fermentation procedure. Batch fermentation has the key benefit of avoiding degradation in a fair measure relative to other processes as a closed device and thus achieving high lactic acid concentrations. Lactical acid has a wide range of commercial and home uses of the hydroxycarboxylic acid
In terms of geography, the market is segregated into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Key players include, BASF SE, CSM N.V, The Dow Chemical Company, Teijin Ltd., NatureWorks LLC, CorbionPurac, Jungbunzlauer AG, Musashino Chemical Laboratory, Ltd., Galactic S.A., Henan Jindan Lactic Acid Co., Ltd.
Key segments across lactic acid market
- End-Use Overview, 2019 – 2028 (USD Billion)
- Personal Care
- Chemical
- Pharmaceutical
- Food & Beverage
- Others
- Source Overview, 2019 – 2028 (USD Billion)
- Natural
- Synthetic
- Regional Overview, 2019 – 2028 (USD Billion)
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
• Central & South America
o Brazil
o Rest of South America
• Middle East & Africa