Sodium Lactate Market Global Briefing and Future Outlook 2021 to 2029

Sodium Lactate Market Size 2021 Industry Share, Strategies, Growth Analysis, Regional Demand, Revenue, and 2029 Forecast Research Report:

Sodium lactate (SL) is a sodium salt of lactic acid, which is a colorless transparent liquid with a mild saline taste. It is derived by the fermentation of sugars that originates in corns and beets. Living organisms produce it naturally as a by-product of glycolysis. Its main applications include antioxidant synergist, bodying agent, humectant, and preservative. Sodium lactate has a high water-holding capacity, which makes it a good humectant and is used in various products, such as shampoos and soaps.

Sodium lactate is used as a preservative enhancer and buffering agent in cosmetic products. It also acts as a bacteriostatic agent. Another prime application of sodium lactate in cosmetics and personal care products is its use as a humectant in the formulation of moisturizers, creams, lotions, and many other skincare products. According to the L’Oréal 2018 annual report, the global cosmetics market is evolving at a fast pace. The growth of the cosmetics market was 3.9% in 2015, which reached 5.5% in 2018.

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The Major Players Covered in this Report:
MP Biomedicals, LLC
Labseeker
Phion Ltd
Aurora Fine Chemicals
abcr GmbH
Glentham Life Sciences Ltd.
CambridgeChem
IS Chemical Technology
AK Scientific, Inc. (AKSCI)
1717 CheMall Corporation
Finetech Industry Limited
King Scientific
TCI AMERICA
AN PharmaTech, & More...

By Form
Liquid
Powder

By End-user
Cosmetics and Personal Care
Food and Beverage Industry
Pharmaceutical Industry
Healthcare

By Application
Antioxidant
Emulsifier
Acidity Regulator
Flavor Enhancer
PH regulator
Preservative
Humectant

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Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Sodium Lactate in the APAC Region:
Asia-Pacific region is anticipated to hold the largest market share in the global Sodium Lactate market during the forecast period 2021-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Sodium Lactate and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Sodium Lactate. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

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The report covers exhaustive analysis on:
Overview of the parent market
Global Sodium Lactate Market Segments, Dynamics, Market Size, Share, Price, Volume, and Cost
Historical, current and projected market size in terms of volume and value
Global Sodium Lactate Market Forecast 2021 to 2029
Supply & Demand Value Chain
Global Sodium Lactate Market dynamics, including the current trends/drivers/threats/restraints/challenges
Potential and niche segments/regions exhibiting promising growth
Market landscape, competition, and leading companies involved
Strategies of leading companies and product offerings
Technological advancements

Key Questions Answered in the Report:
What is the current scenario of the Global Sodium Lactate market? How is the market going to prosper throughout the forecast period?
What are the emerging technologies and related tools that are going to profit the market?
What is the current size of the Global Sodium Lactate Market?
Which segments are the fastest growing and the largest in the market? What is their market potential?
What are the driving factors contributing to market growth during the short, medium, and long term?

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