Potassium Lactate Market – Global Industry Analysis Report, Share, Growth, Price Trends and Forecast, 2017 – 2024: Global Market Insights Inc. The global Potassium Lactate Market share report provides numbers for applications and regional segments of the industry covering historical as well as forecast data for decision makers. Global Potassium Lactate Market size is likely to register significant gains between 2017 and 2024. Growth of the compound is attributed to its multiple applications in varied end-user industries such as detergents & cleaners, personal care, health care, food & beverages as a flavoring agent, antioxidant, humectant, and as a preservative.
Potassium lactate is used widely in food & beverage industry as a preservative. It restricts the growth of pathogens in food products owing to its capability of reducing PH level. Its appreciable moisturizing effects is used to enhance the food quality. It acts as a salt substitute in low sodium application as it depicts properties similar to salt such as syneresis prevention and better moisturizing. Other features of the product used in food application are antioxidant and texture & flavor enhancer. Ever increasing packaged food & beverage demand owing to fast life and whim amongst youngsters is anticipated to boost potassium lactate market in the forecast timeframe. The compound possesses high buffering capacity and moisturizing properties owing to which it is used in variety of personal care products including soap, skin care, oral care, hair care and other bath products. Further, it has application in bakery, sauces, meat & poultry products as a flavoring & seasoning agent, emulsifier, and preservative. It is widely employed in poultry and meat products to increase shelf life and food safety. Consumer awareness regarding health care and beauty care products has uplifted its usage. Additionally, meat & poultry market is escalating in gulf countries owing to shortage of farming land. These factors are likely to fuel potassium lactate market during the forecast period. Browse key industry insights from the report Potassium Lactate Market in detail along with the table of contents: https://www.gminsights.com/industry-analysis/potassium-lactate-market Potassium lactate is consumed in a considerable quantity in fire extinguishers as it has properties of extinguishing agent. It is an odorless and colorless liquid 1|Page