Market Share of South America Lactic Acid Industry
The major competitors in the South American lactic acid market prefer investment in new product development, widening the application market, and marketing strategy due to volatility in commodity costs to maintain their position. The company targeting less energy consumption and lowering the production cost as a competitive strategy in the market. Some of the major players in the market studied are Corbion NV, Cargill, Incorporated, Cellulac, Galactic among others.
South America Lactic Acid Market Leaders
Corbion NV
Henan Jindan Lactic Acid Co., Ltd.
Cargill, Incorporated
Galactic
*Disclaimer: Major Players sorted in no particular order
