Europe Lactic Acid Market 2025 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

The Europe Lactic Acid market is estimated to register a CAGR of 18.12% during the forecast period 2023-2030.

Europe Lactic Acid Market report, published by DataM Intelligence has released its latest in-depth analysis on the global Europe Lactic Acid Market, delivering a detailed overview of regional growth patterns, market segmentation, CAGR, and financial performance among leading industry players. The report offers readers a clear snapshot of the current market value and volume, alongside an exploration of emerging opportunities and ongoing developments. By shining a spotlight on key market drivers and highlighting the evolving industry landscape, the report equips businesses and stakeholders with strategic insights to identify new growth avenues and navigate future market dynamics confidently.

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Europe Lactic Acid refers to the production and application of lactic acid, an organic acid widely used in food, pharmaceuticals, cosmetics, and industrial sectors across the region. In food and beverages, it serves as a preservative, flavor enhancer, and pH regulator, while in cosmetics it functions as an exfoliant and skin-conditioning agent. Europe is also seeing growing demand for lactic acid in bioplastics production, driven by sustainability goals and the shift toward eco-friendly materials.

Key Players:

-> Corbion, DuPont, Galactic, and Vigon International, Inc. among others.

Key Development:

✅ In April 2025, LG Chem and ADM announced two joint ventures GreenWise Lactic (150,000 tons/year lactic acid) and LG Chem Illinois Biochem (75,000 tons/year PLA) to be built in Decatur, Illinois, aiming to enter production by late 2025 or early 2026 and create over 125 regional jobs.

✅ By 2025, Asia-Pacific had grown into the fastest-growing lactic acid market globally, with ~31% of market share, driven by local facilities in Thailand, China, and India utilizing abundant feedstocks and cost-effective production.

✅ In February 2025, Cargill took full control of SJC Bioenergia in Brazil strengthening fermentation and feedstock capabilities to expand lactic acid production across South America.

Growth Forecast Projected:

The Global Europe Lactic Acid Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Europe Lactic Acid Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Source: Natural Sources, Synthetic Sources

By Application: Food and Beverages, Biodegradable Plastics and Polymers, Chemical Industry, Personal Care Products, Others

Regional Analysis for Europe Lactic Acid Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Europe Lactic Acid producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Europe Lactic Acid revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

Q: What is the growth rate of the Europe Lactic Acid Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 18.12% during the forecast period from 2024 to 2031.

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