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Market volume of lactic acid worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in million metric tons)

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Source

Release date

July 2023

Region

Worldwide

Survey time period

2015 to 2022

Supplementary notes

* Forecast based on a CAGR of 7.7 percent from 2023-2030.
Figures have been rounded.

Citation formats

Global lactic acid market volume 2015-2030

Published by
Doris Dokua Sasu,
Jul 5, 2023

In 2022, the market volume of lactic acid amounted to approximately *** million metric tons worldwide. By the year 2030, this figure is forecast to grow to around *** million metric tons. Meanwhile, the market value of lactic acid reached some **** billion U.S. dollars in 2022.

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