Published by mark itwired
Posted on September 28, 2021
3 min readLast updated: February 1, 2026
The lactates market is set to grow steadily, driven by demand in cosmetics and oral care, with a projected value of US$ 823.8 Mn by 2027.
According to the latest publication by Future Market Insights titled “Lactates Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027),” the North America regional market represents a relatively higher value share for beverages and dairy products, and a subsequent high usage of lactates as additives. The lactates market in this region is expected to witness steady growth in the coming decade. According to the forecast presented in the report, the global lactates market was valued at US$ 520.1 Mn in 2017 and is projected to be valued at US$ 823.8 Mn by 2027 end. Sales revenue is expected to increase at a CAGR of 4.7% during the forecast period i.e., between 2017 and 2027.
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Global Lactates Market: Factors Impacting Revenue Growth
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Multinational players such as Merck KGaA Corbion N.V., Dr. Paul Lohmann GmbH KG, Alfa Aesar GmbH & Co KG, and Jungbunzlauer SuisseAG, are focussing on either global or regional expansion to meet the rising consumer demand for lactates, and are coming up with better technology advancements to improve the quality and efficiency of their products.
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The post Lactates Market 2021 Strategic Analysis, Growth Drivers, Industry Trends, Demand And Future Opportunities Till 2027 first appeared on Market Research Blog.
The article analyzes the lactates market, focusing on growth drivers, industry trends, and future opportunities till 2027.
Key growth drivers include demand for lactic salts in cosmetics and oral care, and increased healthcare expenditure.
The global lactates market is expected to grow at a CAGR of 4.7%, reaching US$ 823.8 Mn by 2027.
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