North America Lactic Acid Market Size, Competitors Strategy, Regional Analysis and Industry Growth by Forecast to 2027

The North American lactic acid market was valued at US$ 331.65 million in 2019 and is projected to reach US$ 666.25 million by 2027, growing at a CAGR of 9.1% from 2020 to 2027. The market's growth is primarily driven by the expanding application scope and the multifunctional benefits of lactic acid. However, fluctuating raw material prices pose a challenge to market stability and growth.

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Market Introduction

Lactic acid, also known as lactate, is a chemical byproduct of anaerobic respiration and a naturally occurring organic acid obtained through fermentation. It is primarily derived from carbohydrates sourced from materials such as sugarcane, corn starch, or tapioca starch. Lactic acid serves as a crucial building block for polylactic acid (PLA) and is widely used across various industries, including food and beverages, personal care, and pharmaceuticals.

North America Lactic Acid Strategic Insights

Strategic insights into the North American lactic acid market provide a data-driven analysis of industry trends, key players, and regional dynamics. These insights help businesses identify untapped market segments, develop unique value propositions, and differentiate themselves from competitors. By leveraging data analytics, industry players—whether investors, manufacturers, or stakeholders—can anticipate market shifts and position themselves for long-term success. A forward-looking approach enables informed decision-making, driving profitability and sustainable growth in this dynamic market.

Impact of COVID-19 on the North America Lactic Acid Market

The COVID-19 pandemic, which originated in Wuhan, China, in December 2019, has significantly impacted industries worldwide, including food and beverages. The pandemic led to supply chain disruptions, lockdowns, travel restrictions, and business closures, affecting manufacturing, distribution, and research and development activities. The United States, having the highest number of confirmed COVID-19 cases in North America, experienced severe disruptions in its food and beverage sector due to these challenges.

Key Market Segments

  • By Form: The dry lactic acid segment held the largest market share in North America in 2019.
  • By Application: The food and beverages sector accounted for the largest share of lactic acid consumption in the region in 2019.

Major Market Players

Several key companies operate in the North American lactic acid market, including:

  • Corbion
  • Cargill Inc.
  • Foodchem International Corporation
  • Galactic
  • Musashino Chemical Laboratory, Ltd.
  • Shandong Baisheng Biotechnology Co., Ltd.
  • Jungbunzlauer Suisse AG
  • Vigon International, Inc.

These companies play a crucial role in driving market innovation, product development, and competitive positioning within the industry.

Other Report:  

North America Digital Transformation Market: https://businessnews46.wordpress.com/2025/03/04/north-america-digital-transformation-market-2025-key-findings-growth-by-region-key-players-profiles-and-future-prospects/ 

North America Visual Analytics Market: https://businessnews46.wordpress.com/2025/03/04/north-america-visual-analytics-market-top-players-growth-opportunities-and-current-status-by-2025/ 

North America Data Center Construction Market: https://businessnews46.wordpress.com/2025/03/04/north-america-data-center-construction-market-regional-analysis-key-players-future-projection-comprehensive-study-and-forecasts-2030/ 

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

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