Lactic Acids Market Growth 2019-2024 Published On : 24 May 2019
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Report Description Lactic acid has a systematic name that is 2-hydroxypropionic acid, which is widely existed in nature. Lactic acid is formed when glucose is broken down for energy in the absence of sufficient oxygen. According to this study, over the next five years the Lactic Acids market will register a 2.3% CAGR in terms of revenue, the global market size will reach US$ 1030 million by 2024, from US$ 920 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Lactic Acids business, shared in Chapter 3. This report presents a comprehensive overview, market shares, and growth opportunities of Lactic Acids market by product type, application, key manufacturers and key regions and countries.
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Report Description
By Regions
• Americas • United States • Canada • Mexico • Brazil
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Top Manufacturers
• Corbion-Purac • Cargill • Galactic • Musashino • ADM
Table of content 1 Scope of the Report 1.1 Market Introduction 1.2 Research Objectives 2 Executive Summary 2.1 World Market Overview 2.2 Global Lactic Acids Consumption 2014-2024 3 Global Lactic Acids by Players 3.1 Global Lactic Acids Sales Market Share by Players 3.2 Global Lactic Acids Sales by Players (2017-2019)
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Applications
Industrial Use Food and Beverage
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