In 2021, the market of lactic acid was valued at approximately 1.3 billion U.S. dollars worldwide. By the year 2029, the global market value of this organic acid is forecast to grow to around 2.8 billion U.S dollars. Meanwhile, in 2021, the market volume of lactic acid stood at some 1.39 million metric tons.
Market value of lactic acid worldwide from 2015 to 2021, with a forecast for 2022 to 2029
(in billion U.S. dollars)
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AgileIntel Research. (July 5, 2023). Market value of lactic acid worldwide from 2015 to 2021, with a forecast for 2022 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1310499/lactic-acid-market-value-worldwide/
AgileIntel Research. "Market value of lactic acid worldwide from 2015 to 2021, with a forecast for 2022 to 2029 (in billion U.S. dollars)." Chart. July 5, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1310499/lactic-acid-market-value-worldwide/
AgileIntel Research. (2023). Market value of lactic acid worldwide from 2015 to 2021, with a forecast for 2022 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1310499/lactic-acid-market-value-worldwide/
AgileIntel Research. "Market Value of Lactic Acid Worldwide from 2015 to 2021, with a Forecast for 2022 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Jul 2023, https://www.statista.com/statistics/1310499/lactic-acid-market-value-worldwide/
AgileIntel Research, Market value of lactic acid worldwide from 2015 to 2021, with a forecast for 2022 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1310499/lactic-acid-market-value-worldwide/ (last visited November 21, 2024)
Market value of lactic acid worldwide from 2015 to 2021, with a forecast for 2022 to 2029 (in billion U.S. dollars) [Graph], AgileIntel Research, July 5, 2023. [Online]. Available: https://www.statista.com/statistics/1310499/lactic-acid-market-value-worldwide/
