Food & Beverage Ingredients · Direct
Monitoring · monthlyProcurement Category Intelligence
Acidulants - Lactic Acid
Overview
Market size
$4,600
global, USD
CAGR
6.2%
base to forecast
Buyer power
-2.3
supplier-favoured
Suppliers
11
tracked players
Signals
11
1 high severity
Market outlook
2031$6214
What changed
Demand by region
Asia Pacific demand40%
North America demand30%
Europe demand20%
Latin America demand7%
Rest of world demand3%
share of global demandtotal 100%
Cost drivers
Corn and sugar substrates feedstock45%
Energy and utility costs for fermentation20%
Chemical auxiliaries and nutrients15%
Logistics and freight distribution12%
Labor and manufacturing overhead8%
share of delivered cost (analyst estimate)