Lactic Acid Market Impact of Drivers and Market Segmentation
by Types to 2021
“The Global Lactic Acid Market to grow at a CAGR of 16.73% during the
period 2017-2021. The report covers the present scenario and the growth
prospects of the global lactic acid market for 2017-2021.”
Global Lactic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs
from industry experts. The report covers the market landscape and its growth prospects over the coming
years. The report also includes a discussion of the key vendors operating in this market.
Lactic acid is an organic compound found both in the liquid and solid state. Its chemical formula is C3H6O3. It
generally consists of a hydroxyl group and a carboxyl group. In the solid state, the acid is generally white in
color and is soluble in water. It is produced naturally and synthetically as natural production is cost-effective
and raw materials are abundant. Fermentation of carbohydrates, such as lactose, sucrose, and glucose, is the
common method used in the production of lactic acid commercially.
The Global Lactic Acid Market to grow at a CAGR of 16.73% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global lactic acid market for 2017-
2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data
from multiple sources.
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