According to Fortune Business Insights™, the global lactic acid market size was USD 1.18 billion in 2020. The market is projected to grow from USD 1.28 billion in 2021 to USD 2.43 billion in 2028 at a CAGR of 9.6% during the 2021-2028 period.
Source: https://www.fortunebusinessins....ights.com/lactic-aci
Study Coverage: This study includes brief information about key products in the global lactic acid market followed by an overview of important segments and manufacturers. It also highlights the lactic acid industry growth rates, different types, and application. Furthermore, it includes information about study objectives and total years considered for the complete research study. According to our researchers, lactic acid or 2-Hydroxypropanoic acid is a natural biological acid with several applications in the food, pharmaceutical, chemical, cosmetic, and medical industries.
