Press release
Lactobionic Acid Market is projected to reach 18 Million US$ by 2025
In terms of production side, this report researches the Lactobionic Acid capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Lactobionic Acid by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Lactobionic acid is formed by oxidation of the disaccharide lactose. It is a molecule in which the PHA gluconolactone is attached to a sugar, galactose. Lactobionic acid takes the properties of bulk and polarity still further than the PHAs, with the added benefit of being a strong antioxidant and iron chelator. It has appeared on the commercial scene as a versatile polyhydroxy acid with numerous promising applications in the food, medicine, pharmaceutical, cosmetics and chemical industries.
In consumption market, the growth rate of global consumption is smooth relatively. USA and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy.
The major raw material for lactobionic acid is lactose. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of lactobionic acid industry.
We tend to believe this industry is an emerging industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
The Lactobionic Acid market was valued at 17 Million US$ in 2017 and is projected to reach 18 Million US$ by 2025, at a CAGR of 0.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Lactobionic Acid.
This report includes the following manufacturers; we can also add the other companies as you want.
Reliable Biopharmaceutical
Global Lactobionic Acid
Bio-sugars Technology
Manus Aktteva Biopharma
Carbosynth
Shanghai Hongbang Medical Technology
BOC Sciences
Haohua Group
Market Segment by Product Type
Lactobionic Acid Solution
Lactobionic Acid Powder
Market Segment by Application
Pharmaceutics & Biomedicine Industry
Application 2
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Market size split by Region
•North America
•Asia-Pacific
•Europe
•Central & South America
•Middle East & Africa
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