The Sodium Lactate Market report estimates market development trends for the Chemical and Materials industry from 2021 to 2029. It analyzes potential challenges that the industry may encounter during its growth. The report provides strategic profiling of key players, systematically analyzes their core competencies, and offers a competitive landscape for the market. Additionally, it includes valuable market data, future forecasts, and a thorough analysis of the global and regional market. The report also examines upstream raw materials, downstream demand, and current market dynamics.
 
The Sodium Lactate Market document discusses the technologies that need attention to stimulate future growth, their potential effects on the market, and how they can be utilized. Moreover, it conducts a vigilant investigation of the current state of the market, covering various market dynamics. The comprehensive report uses a specific base year and historic year for calculations, providing information about market definition, classifications, applications, and engagements, thereby inferring the market performance.
 
Data Bridge Market Research analyses that the sodium lactate market was valued at USD 169.79 million is expected to reach the value of USD 348.38 million by 2029, at a CAGR of 9.40% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Market Definition:
 
Sodium lactate is produced by neutralising lactic acid, which is produced by fermenting sugar sources such as beet and corn. The chemical formula is NaC3H5O3 and it has a mild saline taste. Sodium lactate can be found in both human and animal muscle tissue.
 
Some of the major players operating in the sodium lactate market are:
 
  • Jungbunzlauer Suisse AG (Switzerland)
  • Biosynth Carbosynth (Switzerland)
  • Corbion N.V. (Netherlands)
  • Prathista Industries Limited (India)
  • Dr. Paul Lohmann GmbH KG (Germany)
  • Merck KGaA (U.S.)
  • Advance Inorganics (India)
  • Hexon Laboratories Private Limited (India)
  • Galactic S.A. (Belgium)
 
Global Sodium Lactate Market Scope
 
The sodium lactate market is segmented on the basis of form, end users and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
 
Form:
 
  • Liquid
  • Powder
 
Application:
 
  • Acid Regulator
  • PH regulator
  • Bulking Agent
  • Preservative
  • Humectant
  • Others
 
End users:
 
  • Personal Care
  • Cosmetics
  • Food and Beverages
  • Pharmaceuticals
  • Healthcare
 
 
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