North America Lactic Acid Market Growth Potential and Forecast 2027


 The North America Lactic Acid Market is expected to reach US$ 666.25 million in 2027 from US$ 331.65 million in 2019. The market is anticipated to grow at a CAGR of 9.1 % from 2020 to 2027. Factors driving the market growth widening application scope and multi-functionalities of lactic acid. However, luctuating raw material prices is likely to have a negative impact on the market growth.

North America Lactic Acid Market Introduction
Lactic acid, also known as lactate, is an organic acid produced as a byproduct of anaerobic respiration and commonly obtained through fermentation. Its primary feedstocks are carbohydrates sourced from materials such as sugarcane, corn starch, and tapioca starch. Lactic acid is a key component in the production of polylactic acid and finds widespread application across various industries, including food and beverages, personal care, and pharmaceuticals.

Impact of COVID-19 on the North America Lactic Acid Market
The COVID-19 pandemic, which originated in Wuhan, China in December 2019, rapidly evolved into a global crisis, significantly impacting industries worldwide. In North America, the food and beverage sector experienced notable disruptions due to lockdowns, travel restrictions, supply chain breakdowns, and temporary business closures. The United States reported the highest number of COVID-19 cases in the region, exacerbating challenges within the sector. These disruptions hindered the supply and distribution networks and affected manufacturing operations, research, and development activities across multiple industries, including those reliant on lactic acid.

North America Lactic Acid Market – Regional Insights
Understanding the geographic dynamics of the North America Lactic Acid Market is essential for strategic planning and business expansion. Local consumer preferences, economic conditions, and regulatory environments vary across the region, influencing market behavior. By identifying underserved areas and aligning product offerings to regional demands, businesses can enhance their market presence. A localized strategy enables better resource allocation, more effective marketing, and stronger positioning against competitors, fostering growth in targeted areas.

Strategic Insights into the North America Lactic Acid Market
Strategic insights provide a data-driven overview of the North America Lactic Acid Market, highlighting key trends, leading players, and regional dynamics. These insights help stakeholders—whether investors, manufacturers, or decision-makers—identify emerging opportunities, address unmet needs, and differentiate their offerings in a competitive landscape. Leveraging analytics and forecasting tools, businesses can anticipate market shifts and align their strategies for sustainable growth. Ultimately, these insights support informed decision-making and help stakeholders achieve long-term success in a rapidly evolving market environment.

North America Lactic Acid Market Segmentation

North America Lactic Acid Market By Form

  • Dry
  • Liquid

North America Lactic Acid Market By Application

  • Food & Beverages
  • Pharmaceuticals
  • Personal Care
  • Others

Company Profiles

  • Corbion
  • Cargill Inc.
  • Foodchem International Corporation
  • Galactic
  • Musashino Chemical Laboratory, Ltd.
  • Shandong Baisheng Biotechnology Co., Ltd.
  • Jungbunzlauer Suisse AG,
  • Vigon International, Inc

By Country

  • US
  • Canada
  • Mexico

Other Reports:

North America Dental X-Ray Market: https://postyourarticle.com/north-america-dental-x-ray-market-share-size-key-players-trends-2027/ 

North America Virtual Desktop Infrastructure Market: https://penzu.com/p/7df16a16491cccc2 

North America Pharmaceutical Drug Delivery Market: https://sites.google.com/view/northamericapharmaceuticaldrug/home 

North America Music Streaming Market: https://business-news-insights.blogspot.com/2025/04/north-america-music-streaming-market.html 

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

Comments

Post a Comment

Popular posts from this blog

North America Small Satellite Market Trends, Opportunity and Forecast 2022 to 2028

Image
The  North America Small Satellite Market  is expected to grow from US$ 1,325.42 million in 2022 to US$ 4,976.36 million by 2028; it is estimated to grow at a CAGR of 24.7% from 2022 to 2028. Growing Support for Small Satellite Development Governments and companies across North America are increasingly investing in the small satellite market to meet the growing demand for applications such as Earth observation, communication, navigation, and scientific research. In November 2021, Fleet Space Technologies secured $26 million in funding to expand its nanosatellite IoT connectivity fleet. Such investments from both public and private sectors are fueling market growth. Small satellites play a crucial role in enhancing national security, monitoring disaster-affected areas, tracking suspicious maritime activities, and supporting communication and scientific research. To further boost the industry, governments are promoting initiatives for rapid construction and domestic production o...
Read more

Europe Bathroom Vanities Market Key Players Analysis, Forecast 2028

Image
The  Europe Bathroom Vanities Market  is expected to grow from US$ 14,065.11 million in 2021 to US$ 17,057.14 million by 2028. It is estimated to surge at a CAGR of 2.8% from 2021 to 2028. Growth of Online Retailing in Europe Bathroom Vanities Market The rise of online retailing is significantly driving the expansion of the Europe Bathroom Vanities Market. Consumers are increasingly shifting from traditional purchasing methods to virtual shopping due to the convenience it offers and its broader reach. Advancements in telecommunication infrastructure have made the Internet more accessible, enabling a growing number of users to explore and purchase bathroom vanities online. Online shopping platforms provide consumers with a wide selection of products, complete with detailed specifications and price comparisons. The seamless, end-to-end buying process eliminates the need for physical effort or travel, saving time while enhancing the shopping experience. This shift toward digital ...
Read more

Europe POS Software Market Key Companies Profile, Supply 2028

Image
The  Europe POS Software Market  is expected to grow from US$ 3,405.81 million in 2021 to US$ 6,308.14 million by 2028; it is estimated to grow at a CAGR of 9.2% during 2021–2028. Growing Demand for Customer-Centric POS Solutions in Europe The increasing need for customer-focused solutions is driving the demand for cost-effective and value-added services in the European market. Point-of-Sale (POS) software provides an efficient and economical approach for businesses and customers alike. It serves multiple functions, including inventory and sales management, store operations, order and promotion handling, purchase and reordering, secure payments, customer loyalty programs, report generation, and real-time data analysis. Additionally, cloud-based POS software reduces service costs while enhancing service offerings. POS software vendors are heavily investing in advanced solutions, significantly contributing to the expansion of the Europe POS software market. Impact of COVID-19 on...
Read more