With consumers increasingly seeking clean label products, sodium lactate offers increasing opportunities as a natural and safe food preservative and flavor enhancer. Over the projection period, sodium lactate industry sales are expected to grow at a CAGR of 8.9%. The industry is expected to be valued at US$ 165 million in 2023 and US$ 390 million by 2033.
Its ability to improve shelf life, enhance texture, and reduce microbial growth without compromising product quality makes it an attractive alternative to synthetic additives. Sodium lactate exhibits antimicrobial and moisturizing properties, making it suitable for various medical applications. It can be used in wound care products, intravenous solutions, and dermatological formulations. Exploring these untapped medical opportunities can open new avenues for the growth of the sodium lactate market.
As consumers increasingly prefer natural and sustainable personal care products, sodium lactate is finding applications in skin care, hair care and bath products. Its humectant properties and ability to improve product stability and texture align with trends toward clean, natural and environmentally friendly formulations.
The pharmaceutical sector has untapped potential for sodium lactate. It can be used as a buffering agent, excipient, or active ingredient in various pharmaceutical formulations. The market can witness growth by targeting pharmaceutical companies looking for safe and versatile ingredients for drug delivery systems.
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Although sodium lactate is present worldwide, exploring regional markets can reveal new growth opportunities. Emerging economies, where food, beverage, pharmaceutical, and personal care industries are evolving, offer untapped markets for sodium lactate products. Understanding the specific needs and regulations of these regions can help companies adapt their strategies accordingly.
Key takeaways from the Sodium Lactate Market Report
According to the IMF, the United States holds a dominant market share of over 91% in the North American region.
By 2023, the Indian sodium lactate market is expected to account for over 59% of sales in South Asia.
China’s sodium lactate market is expected to account for over 60.1% of the East Asian market by 2023.
FMI reports an estimated CAGR of 7.9% for the liquid forms segment during the forecast period, indicating increased demand.
FMI forecasts a significant growth rate of 9.5% CAGR in the food and nutritional supplements segment during the forecast period.
“The sodium lactate market is expected to witness substantial growth owing to its numerous applications in sectors such as food and beverage, pharmaceuticals, and personal care. Growing consumer demand for natural and healthier products further strengthens the market outlook,” notes an IMF analyst.
How major players are revolutionizing manufacturing Sodium lactate?
Major players in the sodium lactate market are driving a revolution in its manufacturing processes. Leveraging advanced technologies and innovative production methods, these industry leaders are optimizing the quality, efficiency, and sustainability of sodium lactate production. They are investing in research and development to improve production techniques, ensuring consistent product quality while reducing costs and environmental impact.
Key players are collaborating with stakeholders across the supply chain to streamline operations and improve distribution networks. Through their revolutionary approaches, these players are reshaping the sodium lactate market and driving its growth to meet the ever-changing demands of various industries.
Main market players:
Jungbunzlauer Switzerland AG
Galactic
Finetech Industry Limited
Biosynth Carbosynth
Finoric SARL
abcr sarl
Glentham Life Sciences Ltd.
TNJ Chemical Industry Co., Ltd.
Foodchem International Company
Luoyang Longmen Pharmaceutical Co., Ltd.
BBCA Biochemical Co., Ltd.
Prathista Industries Limited
Henan Jindan Lactic Acid Technology Co., Ltd
Corbion NV
Merck KGaA
Lobachemie pvt. ltd
Fisher Chemicals
Dr. Paul Lohmann Gmbh KG
Advanced Inorganic Products
Product portfolio:
Jungbunzlauer Suisse AG offers a diverse product portfolio including citric acid, xanthan gum, gluconic acid and derivatives. Its sustainable and high-quality ingredients find applications in the food, pharmaceutical and personal care sectors, offering innovative solutions for various formulation needs.
Galactic offers a comprehensive portfolio of products including natural lactic acid, lactates and derivatives. Their bio-based solutions address industries such as food, beverage, cosmetics and pharmaceuticals, providing functional and sustainable ingredients that enhance product performance and meet evolving consumer demands.
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More information available
Future Market Insights offers an unbiased analysis of the sodium lactate market, providing historical data from 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand the sodium lactate market opportunities, the report is segmented on the basis of product form (powder and liquid), application (beverages, dietary and nutritional supplements, clinical nutrition, dialysis solutions, personal care and cosmetics, and cleaners and detergents), end user (food and beverage industry, cosmetics industry, pharmaceutical manufacturers, medical device manufacturers, and others), across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia and Middle East and Africa).
Future Market Insights, Inc. (ESOMAR Certified, Stevie Award Winner, and a member of the Greater New York Chamber of Commerce) offers in-depth insights into the drivers that drive market demand. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the packaging, food and beverage, consumer technology, healthcare, industrial, and chemicals markets. With an extensive team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on various industry domains and trends in over 110 countries.
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