Global lactic acid market volume 2015-2030

Published by Statista Research Department, Aug 8, 2023
In 2022, the market volume of lactic acid amounted to approximately 1.5 million metric tons worldwide. By the year 2030, this figure is forecast to grow to around 2.8 million metric tons. Meanwhile, the market value of lactic acid reached some 1.46 billion U.S. dollars in 2022.

Market volume of lactic acid worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in million metric tons)

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Release date

July 2023

Region

Worldwide

Survey time period

2015 to 2022

Supplementary notes

* Forecast based on a CAGR of 7.7 percent from 2023-2030.
Figures have been rounded.

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