According to the latest publication by Future Market Insights titled “Lactates Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027),” the North America regional market represents a relatively higher value share for beverages and dairy products, and a subsequent high usage of lactates as additives. The lactates market in this region is expected to witness steady growth in […]
Lactates Market 2021 Analysis: Growth Trends & Opportunities
According to the latest publication by Future Market Insights titled “Lactates Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027),” the North America regional market represents a relatively higher value share for beverages and dairy products, and a subsequent high usage of lactates as additives. The lactates market in this region is expected to witness steady growth in the coming decade. According to the forecast presented in the report, the global lactates market was valued at US$ 520.1 Mn in 2017 and is projected to be valued at US$ 823.8 Mn by 2027 end. Sales revenue is expected to increase at a CAGR of 4.7% during the forecast period i.e., between 2017 and 2027.
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Global Lactates Market: Factors Impacting Revenue Growth
- Sustainable demand for lactic salts in anti-ageing and premium cosmetic formulations
- Increasing consumption of lactates in the oral care industry
- Growth in the mineral industry in Asia Pacific is an indirect driver for lactates market growth
- Increasing demand for calcium salts in the treatment of osteoporosis
- Rise in healthcare expenditure in the Middle East & Africa
- Expansion of production capacity to enhance the sales prospects of lactates
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Market segmentation
Multinational players such as Merck KGaA Corbion N.V., Dr. Paul Lohmann GmbH KG, Alfa Aesar GmbH & Co KG, and Jungbunzlauer SuisseAG, are focussing on either global or regional expansion to meet the rising consumer demand for lactates, and are coming up with better technology advancements to improve the quality and efficiency of their products.
By Form
- Solid
- Liquid
By Application
- Food and Beverages Industry
- Meat and Seafood Products
- Bakery
- Dairy
- Beverages
- Others
- Pharmaceutical Industry
- Personal Care Industry
- Animal Feed Industry
- Agriculture Industry
- Others
By Product
- Sodium Lactates
- Potassium Lactates
- Calcium Lactates
- Magnesium Lactates
- Zinc Lactates
- Others
By Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- MEA
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Table Of Content:
- Executive Summary
- Market Introduction
- Market View Point
- Global Historical Market Analysis 2012–2016 and Forecast 2017–2027
- Global Lactates Market Historical Analysis 2012–2016 and Forecast, By Region 2017–2027
- Global Lactates Market Historical Analysis 2012–2016 and Forecast 2017–2027, By Product Type
- Global Lactates Market Historical Analysis 2012–2016 and Forecast 2017–2027, By Form
- Global Lactates Market Historical Analysis 2012–2016 and Forecast 2017–2027, By Application
- North America Lactates Market Analysis 2012–2016 and Forecast 2017–2027
- Latin America Lactates Market Analysis 2012–2016 and Forecast 2017–2027
- Western Europe Lactates Market Analysis 2012–2016 and Forecast 2017–2027
- Eastern Europe Lactates Market Analysis 2012–2016 and Forecast 2017–2027
- Asia Pacific Excluding Japan (APEJ) Lactates Market Analysis 2012–2016 and Forecast 2017–2027
- Japan Lactates Market Analysis 2012–2016 and Forecast 2017–2027
- Middle East and Africa Lactates Market Analysis 2012–2016 and Forecast 2017–2027
- Forecast Factors: Relevance and Impact
- Forecast Assumptions
- Competition Landscape
- Research Methodology
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