Sodium Lactate Market Forecasted to Reach US$ 390 million by 2033, Fueled by Clean Label Food Trends

Sodium Lactate
Sodium Lactate

As consumers increasingly seek clean-label products, there is a growing opportunity for sodium lactate as a natural and safe food preservative and flavor enhancer. Over the projection period, sales in the sodium lactate industry are expected to increase at a CAGR of 8.9%. The industry is predicted 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 sodium lactate market growth.

With the rising consumer preference for natural and sustainable personal care products, sodium lactate finds applications in skincare, haircare, and bath products. Its humectant properties and ability to improve product stability and texture align with the trends toward clean, natural, and eco-friendly formulations.

The pharmaceutical sector presents the 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 seeking safe and versatile ingredients for drug delivery systems.

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While sodium lactate has a global presence, exploring regional markets can uncover new growth opportunities. Emerging economies with evolving food and beverage, pharmaceutical, and personal care industries offer untapped markets for sodium lactate products. Understanding the specific needs and regulations of these regions can guide businesses to tailor their strategies accordingly.

 Key Takeaways from the Sodium Lactate Market Report

  • According to FMI, the United States holds a dominant market share of over 91% in the North American region.
  • In 2023, the Indian market for sodium lactate is projected to capture more than 59% of sales in South Asia.
  • The Chinese market for sodium lactate is predicted to account for over 60.1% of the East Asian market by 2023.
  • FMI reports an estimated 7.9% CAGR for the liquid form segment over the forecast period, indicating increased demand.
  • FMI anticipates a significant growth rate of 9.5% CAGR in the food and nutritional supplements segment during the forecast period.

 “The sodium lactate market is set to experience substantial growth due to its wide-ranging applications in industries such as food and beverage, pharmaceuticals, and personal care. Increasing consumer demand for natural and healthier products further boost the market’s prospects”, remarks an analyst at FMI.

 How Key Players are Revolutionizing the Manufacturing of Sodium Lactate?

Key players in the sodium lactate market are spearheading a revolution in its manufacturing processes. By 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 enhance 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 evolving demands of various industries.

Key Players in the Market:

  1. Jungbunzlauer Suisse AG
  2. Galactic
  3. Finetech Industry Limited
  4. Biosynth Carbosynth
  5. Finoric LLC
  6. abcr GmbH
  7. Glentham Life Sciences Ltd.
  8. TNJ Chemical Industry Co., Ltd.
  9. Foodchem International Corporation
  10. Luoyang Longmen Pharmaceutical Co., Ltd.
  11. BBCA Biochemical Co., Ltd.
  12. Prathista Industries Limited
  13. Henan Jindan Lactic Acid Technology Co., Ltd
  14. Corbion N.V.
  15. Merck KGaA
  16. Lobachemie pvt. ltd
  17. Fisher Chemical
  18. Dr. Paul Lohmann Gmbh KG
  19. Advance Inorganics

Product Portfolio:

  • Jungbunzlauer Suisse AG offers a diverse product portfolio, including citric acid, xanthan gum, gluconic acid, and derivatives. Their sustainable and high-quality ingredients find applications in the food, pharmaceutical, and personal care industries, providing innovative solutions for various formulation needs.
  • Galactic provides a comprehensive product portfolio, including natural lactic acid, lactates, and derivatives. Their bio-based solutions cater to industries such as food, beverages, cosmetics, and pharmaceuticals, offering functional and sustainable ingredients that enhance product performance and meet evolving consumer demands.

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More Insights 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 opportunities in the sodium lactate market, the report is segmented on the basis of product form (powder and liquid), application (beverages, food & nutritional supplements, clinical nutrition, dialyzes solutions, personal care & cosmetics, and cleaners & detergents), end-user (food & beverages industry, cosmetic industry, pharmaceuticals manufacturers, medical devices manufacturers, and others),  across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa).

Market Segmentation

By Product Form:

  • Powder
  • Liquid

By Application:

  • Beverages
  • Food & Nutritional Supplements
  • Clinical Nutrition
  • Dialyses Solutions
  • Personal Care & Cosmetics
  • Cleaners & Detergents

By End-User:

  • Food & Beverages Industry
  • Cosmetic Industry
  • Pharmaceuticals Manufacturers
  • Medical Devices Manufacturers
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East and Africa

Related Links:

https://www.manchesterprofessionals.co.uk/article/marketing-pr/51147/chlorine-disinfectant-industry-size-share-demand-growth-by-2030

https://studylib.net/doc/27488596/chlorine-disinfectant-industry-size–share–demand-and-grow…

https://penzu.com/journals/28471436/99368700

https://party.biz/blogs/181731/360602/chlorine-disinfectant-industry-size-share-demand-growth-by

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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