Lactic Acid Market size was valued at US$ 2.75 Bn. in 2022 and the sugarcane raw material is the dominating segment in the Lactic Acid Market. Lactic Acid Market Report Overview Maximise Market Research’s recent market intelligence analysis forecasts attractive growth for Lactic Acid Market suppliers in the predicted period until 2029. The Lactic Acid market study covers the worldwide market’s...

Polylactic Acid (PLA) Market Scope Polylactic acid (PLA) is a biodegradable and biobased plastic derived from renewable resources such as corn starch, cassava roots, or sugarcane. Because of its environmental advantages, PLA is becoming increasingly popular as a substitute for traditional petroleum-based plastics. The global market for PLA is expected to grow in the coming years, driven by...

According to a research report "Lactic Acid and Polylactic Acid Market by Application (Biodegradable Polymers, Food & Beverages, Pharmaceutical Products), Raw Material, Form (Dry, Liquid), and Region (North America, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2028" published by MarketsandMarkets, the lactic acid market is estimated at USD 1.6 billion in 2023 and is projected...