Asia-pacific Lactic Acid Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

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.

Asia-Pacific Lactic Acid Market Size and Share

Asia-Pacific Lactic Acid Market Summary
View Global Report

Asia-Pacific Lactic Acid Market Analysis by Mordor Intelligence

The Asia-Pacific Lactic Acid Market is expected to register a CAGR of 8.7% during the forecast period.

  • Demand for lactic acid in the food and beverage industry is growing with the emergence of new technology and the growing demand in applications. Due to various functional properties of lactic acid, it is used as a critical ingredient in food and beverage products.
  • Lactic acid is commercially available in various grades depending upon its purity. China and Japan are the major markets for lactic acid in the region. China is the largest exporter and producer of lactic acid in the Asian market and the second-largest exporter worldwide.

High Demand for Food Acidulants

Lactic acid is used as a critical ingredient in food and beverage products, owing to its various functional properties. Lactic acid's wide application in the food and beverage industry and the range of operational benefits provided by food acidulants are the key factors driving the global acidulants market. Besides, the robust growth in the food and beverage sector majorly supports the market worldwide. With the economic development, along with changing consumer behavior in Asia-Pacific, the region outshines as a promising market for the food and beverage industry supplementing the consumption of food acidulants. Lactic acid also has its wide application in the preservative market

asia-pacific-lactic-acid-market

Competitive Landscape

The major competitors prefer investment in new product development, widening the application market, and marketing strategy due to volatility in commodity costs to maintain their position. Henan Jindan is the largest producer and exporter of lactic acid in China and the region. The company uses the new membrane technology for the separation and purification process of lactic acid, which aids in the efficiency of production and reduces energy consumption. Some of the major players in the Asia-Pacific lactic acid market are Corbion NV, Henan Jindan Lactic Acid Technology Co. Ltd, NingXia Hypow Bio-Technology Co. Ltd, Cellulac, and Galactic, among others.

Asia-Pacific Lactic Acid Industry Leaders

  1. Corbion NV

  2. Henan Jindan Lactic Acid Technology Co., Ltd

  3. Cellulac

  4. Galactic

  5. DuPont

  6. *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Lactic Acid Market.png
Need More Details on Market Players and Competitors?
Download PDF

Table of Contents for Asia-Pacific Lactic Acid Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

  • 3.1 Market Overview

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Source
    • 5.1.1 Natural
    • 5.1.2 Synthetic
  • 5.2 Application
    • 5.2.1 Meat, Poultry, and Fish
    • 5.2.2 Beverages
    • 5.2.3 Confectionery
    • 5.2.4 Bakery
    • 5.2.5 Fruits and Vegetable
    • 5.2.6 Dairy
  • 5.3 Geography
    • 5.3.1 China
    • 5.3.2 Japan
    • 5.3.3 India
    • 5.3.4 Australia
    • 5.3.5 Rest of Asia-Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Adopted Strategies
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles
    • 6.3.1 Corbion NV
    • 6.3.2 Henan Jindan Lactic Acid Technology Co. Ltd
    • 6.3.3 NingXia Hypow Bio-Technology Co. Ltd
    • 6.3.4 Cellulac
    • 6.3.5 Galactic
    • 6.3.6 DuPont
    • 6.3.7 Cargill Inc.
    • 6.3.8 Purac
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Asia-Pacific Lactic Acid Market Report Scope

The Asia-Pacific lactic acid market is segmented by source and application. On the basis of source, the market is segmented into natural and synthetic. On the basis of application, the market is segmented into meat, poultry and fish, beverages, confectionery, bakery, fruits and vegetables, and dairy. The market is also segmented by geography.

Source
Natural
Synthetic
Application
Meat, Poultry, and Fish
Beverages
Confectionery
Bakery
Fruits and Vegetable
Dairy
Geography
China
Japan
India
Australia
Rest of Asia-Pacific
Source Natural
Synthetic
Application Meat, Poultry, and Fish
Beverages
Confectionery
Bakery
Fruits and Vegetable
Dairy
Geography China
Japan
India
Australia
Rest of Asia-Pacific
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

What is the current Asia-Pacific Lactic Acid Market size?

The Asia-Pacific Lactic Acid Market is projected to register a CAGR of 8.7% during the forecast period (2025-2030)

Who are the key players in Asia-Pacific Lactic Acid Market?

Corbion NV, Henan Jindan Lactic Acid Technology Co., Ltd, Cellulac, Galactic and DuPont are the major companies operating in the Asia-Pacific Lactic Acid Market.

What years does this Asia-Pacific Lactic Acid Market cover?

The report covers the Asia-Pacific Lactic Acid Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia-Pacific Lactic Acid Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Page last updated on:

Asia-Pacific Lactic Acid Market Report

Statistics for the 2025 Asia-Pacific Lactic Acid market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Lactic Acid analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Asia-Pacific Lactic Acid Report Snapshots

Still interested in your FREE
sample report?

Report Illustration

Complete your form and get your market insights delivered to your inbox

Takes less than 10 seconds