The Global Lactic Acid Market is Segmented by Source (Natural and Synthetic), Form (Liquid and Solid), Grade (Food Grade, Industrial Grade, and More), Application (Food and Beverages, Personal Care and Cosmetics, and More), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Size and Forecasts are Provided in Terms of Value (USD).

The global Lactic acid market stood at approximately 1421 thousand tonnes in 2024 and is anticipated to grow at a CAGR of 8.76% during the forecast period until 2035.

In 2022, the market volume of lactic acid amounted to approximately *** million metric tons worldwide. By the year 2030, this figure is forecast to grow to around *** million metric tons. Meanwhile, the market value of lactic acid reached some **** billion U.S. dollars in 2022.

Global Lactic Acid Market size accrued earnings USD 1358.94 Million in 2023 and is gain revenue of about USD 2,820.11 Million by 2032, a CAGR of nearly 8.45%.

The global lactic acid market is projected to grow from USD 3.9 billion in 2025 to USD 8.5 billion by 2035, registering a CAGR of 8.0%. The market expansion is being driven by rising demand for biodegradable plastics, natural preservatives, and personal care ingredients.

Metric	Value
Industry Size (2025E)	USD 3.9 billion
Industry Value (2035F)	USD 8.5 billion
CAGR (2025 to 2035)	8.0%

The Asia-Pacific Lactic Acid Market is Segmented by Source (Natural and Synthetic), Application (Meat, Poultry and Fish, Beverage, Confectionery, Bakery, Fruits and Vegetable, and Dairy), and Geography.

In 2021, the market of lactic acid was valued at approximately 1.3 billion U.S. dollars worldwide. By the year 2029, the global market value of this organic acid is forecast to grow to around 2.8 billion U.S dollars. Meanwhile, in 2021, the market volume of lactic acid stood at some 1.39 million metric tons.

The lactic acid market size is expected to reach USD 5,728 million by 2030, at an 11.49% CAGR during 2025–30. Bioplastics demand drives growth.

The South America Lactic Acid Market Report Segments the Industry by Source (Natural and Synthetic); Form (Liquid and Solid); Grade (Food Grade, Industrial Grade, Pharmaceutical Grade, and Cosmetic Grade); and Application (Food and Beverages, Personal Care and Cosmetics, Pharmaceutical, Animal Feed, and Industrial and Chemical Processing), and Geography (Brazil and More). The Market Forecasts are Provided in Terms of Value (USD).

GMI Research analysis indicates that the Lactic Acid Market is slated to register a double digit CAGR of 11.5% during the Period 2022-2029.

The global D-lactic acid market size was over USD 299.02 million in 2025 and is anticipated to witness a CAGR of around 6.9%, crossing USD 582.74 million revenue by 2035, impelled by the increasing demand for plant-based food products.

Lactic Acid Market size was valued at USD 4.78 Billion in 2024 and is projected to reach USD 12 Billion by 2032, growing at a CAGR of 12.2% from 2026 to 2032.Rising Demand for Biodegradable Plastics: The single most significant driver is the rising demand for biodegradable plastics, positioning lactic acid as a vital component in the shift toward a circular economy. Lactic acid is the essential monomer for manufacturing polylactic acid (PLA), one of the most commercially viable and widely adopted bioplastics. As global concerns over plastic pollution intensify, stringent governmental regulations such as bans on single-use plastics and strong corporate sustainability commitments are compelling industries, particularly packaging, to transition away from petroleum-based polymers. PLA's excellent properties, including biodegradability, compostability, and versatility, make it a preferred eco-friendly alternative, thereby creating a consistently high demand for its foundational raw material, lactic acid.Growing Food & Beverage Industry: The consistent expansion of the Food & Beverage (F&B) industry remains a core driver for the lactic acid market. Lactic acid is prized in this sector for its multi-functional capabilities, serving as an effective natural preservative, a crucial acidity regulator, and a clean-label flavoring agent. Its ability to inhibit the growth of spoilage microorganisms extends the shelf life of perishable products, making it indispensable in meat, poultry, dairy, and fermented foods. With global consumer lifestyles increasingly favoring convenience and packaged foods, the demand for food-grade additives that ensure safety and enhance palatability continues to climb, cementing lactic acid's foundational role in the modern food production chain.

The lactic acid market was valued at USD 1.2 billion in 2020 and is expected to reach USD 2.5 billion by 2034, expanding at a CAGR of 12.5%, it is a naturally occurring organic acid that is used in a wide range of industries, including cosmetics, pharmaceuticals, chemicals, food, and, most recently, medicine

The USA Lactic Acid Market is forecasted to achieve a market size of USD 735.1 million by 2025, with projections indicating a significant rise to USD 1,610.8 million by 2035. Over the forecast period (2025 to 2035), the industry is expected to expand at a CAGR of 8.2%, propelled by the shift toward bio-based lactic acid production, rising consumer preference for natural ingredients, and the increasing adoption of lactic acid-based biodegradable plastics in sustainable packaging solutions.

Metric	Value
Industry Size (2025E)	USD 735.1 million
Industry Value (2035F)	USD 1,610.8 million
CAGR (2025 to 2035)	8.2%

Semi-Annual Market Update for the USA Lactic Acid Market

Year	2024
H1 Growth Rate (%)	8.5%
H2 Growth Rate (%)	8.1%

Year	2025
H1 Growth Rate (%)	7.9%
H2 Growth Rate (%)	8.3%

Analysis of USA Lactic Acid Market by Segments

By Grade	Market Share
Food Grade	56.8%
Remaining segments	43.2%

By Form Type	Market Share
Liquid	73.2%
Remaining segments	26.8%

Market Concentration and Competitive Landscape in the USA Lactic Acid Ecosystem

Company	Market Share (%)
Corbion	23.4%
Cargill	18.7%
NatureWorks LLC	15.2%
Archer Daniels Midland	11.8%
BASF SE	8.3%
Other Players	22.6%

Africa Lactic Acid Market is segmented By Source (Natural and Synthetic); by Application (Bakery, Confectionery, Beverage, Dairy and Frozen Products and Meat, Poultry and Seafood and Others); and by Geography.

The global lactic acid market size was USD 3.37 billion in 2024 & is projected to grow from USD 3.63 billion in 2025 to USD 6.58 billion by 2033.
Report Scope:

Report Metric	Details
Market Size in 2024	USD 3.37 Billion
Market Size in 2025	USD 3.63 Billion
Market Size in 2033	USD 6.58 Billion
CAGR	7.7% (2025-2033)
Base Year for Estimation	2024
Historical Data	2021-2023
Forecast Period	2025-2033
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Raw Material,By Applications,By End-User,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,

The size of the North America Lactic Acid Market market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 8.90% during the forecast period. Key drivers for this market are: The Rising Awareness of the Health Benefits Associated with Collagen Consumption, Rising Sport and Fitness Trends Drives the Market Growth. Potential restraints include: Concerns over the Source and Animal Welfare in Collagen Extraction Limit the Market Growth. Notable trends are: Role of Lactic Acid in Sugar Confectionery.

Lactic Acid market was valued at USD 3.40 Billion in 2024 and is expected to reach USD 5.30 Billion by 2030 with a CAGR of 7.68%.

Pages	180
Market Size	2024: USD 3.40 Billion
Forecast Market Size	2030: USD 5.30 Billion
CAGR	2025-2030: 7.68%
Fastest Growing Segment	Sugarcane
Largest Market	North America
Key Players	1. BASF SE 2. GALACTIC 3. FUTERRO S.A. 4. Corbion NV 5. The Dow Chemical Company 6. TEIJIN MEDICAL TECHNOLOGIES CO., LTD 7. NatureWorks LLC 8. Danimer Scientific 9. Henan Jindan lactic acid Technology Co., Ltd. 10. thyssenkrupp AG

The North America Lactic Acid Market is segmented by Source (Natural and Synthetic), Application (Meat, Poultry and Fish, Beverage, Confectionery, Bakery, Fruits and Vegetable and Dairy), and Geography.

Lactic Acid and Polylactic Acid Market size was valued at USD1.5 Billion in 2024 and is projected to reach USD 3.7 Billion by 2032, growing at a CAGR of 12.4% from 2026 to 2032.

Global Lactic Acid and Polylactic Acid Market Drivers

1.Growing Interest in Biodegradable Polymers PLA's acceptance as a biodegradable substitute for petroleum-based plastics is being aided by a greater emphasis on sustainability and environmentally friendly materials. 2. The Packaging Industry's Growth The need for PLA-based packaging materials is being driven by the food and beverage industry's transition to biodegradable packaging options. 3. Growing Use in Pharmaceutical and Biomedical Applications Because lactic acid and PLA are biocompatible and biodegradable, they are frequently utilized in medication delivery systems, medical implants, and sutures.