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)
Characteristic
Market volume in million metric tons
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AgileIntel Research. (July 5, 2023). Market volume of lactic acid worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in million metric tons) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1310495/lactic-acid-market-volume-worldwide/
AgileIntel Research. "Market volume of lactic acid worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in million metric tons)." Chart. July 5, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1310495/lactic-acid-market-volume-worldwide/
AgileIntel Research. (2023). Market volume of lactic acid worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in million metric tons). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1310495/lactic-acid-market-volume-worldwide/
AgileIntel Research. "Market Volume of Lactic Acid Worldwide from 2015 to 2022, with a Forecast for 2023 to 2030 (in Million Metric Tons)." Statista, Statista Inc., 5 Jul 2023, https://www.statista.com/statistics/1310495/lactic-acid-market-volume-worldwide/
AgileIntel Research, Market volume of lactic acid worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in million metric tons) Statista, https://www.statista.com/statistics/1310495/lactic-acid-market-volume-worldwide/ (last visited August 25, 2024)
Market volume of lactic acid worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in million metric tons) [Graph], AgileIntel Research, July 5, 2023. [Online]. Available: https://www.statista.com/statistics/1310495/lactic-acid-market-volume-worldwide/