Report Code: A06784 | Nov 2023 | Pages: NA | ||
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Request Now !Sodium lactate, also known as sodium salt of lactic acid, is produced by fermentation of sugar, which later neutralizes the resulting lactic acid. It is sterile, non-pyrogenic, and concentrated solution used for medical purposes such as acidity regulator, preservative, and bulking agent in medicines. In addition, it is known for effective humectants and moisturizers.
The sodium lactate market is segmented on the basis of various characteristics. Depending on product type, sodium lactate is available in liquid and powder form in the market. The applications covered in the study include antioxidant, emulsifier, flavor enhancer, and others. The food industry, healthcare sector, personal care and others are the major end user of sodium lactate. Sodium lactateexhibits the capacity of increasing the shelf life of foods by reducing the harmful effect of bacteria and other microorganisms. In drinks and beverages, it is used as a pHregulator to enhance the flavor in sour drinks. In the healthcare industry, sodium lactate is used for pH regulationto relive acidosis. Sodium lactate, owing to its usage and properties, is anticipated to witness an increase in demand during the forecast period. Region wise, the sodium lactate market is analyzed across North America, Asia-Pacific, Latin America, and LAMEA.
The industries such as food and pharmaceutical are expandingexponentially. These industries require sodium lactate on large scale, owing to its usage as a preservative and a pH regulator. This factor significantly contributes the growth of the global sodium lactate market. Furthermore, sodium lactatesareused in shampoo production being effective humectants. In the pharmaceutical industry, it is known to treat diseases such as arrhythmias, thus boosting the growth of the global market. However, sodium lactateshave several side effects, which includesolute or fluid overloading, thus resulting in the dilution of other concentrations of the serum electrolyte, pulmonary edema, over hydration, and congested states. This factor is expected to hamper the growth of the global sodium lactate market during the forecast period.
Key market players
The major players operating in the global sodium lactate market are Labseeker, Phion LTD, abcr GmbH, CambridgeChem, IS chemical Technology, King Scientific, TCI AMERICA, AN Pharma Tech, MP Biomedical, and AN Pharma Tech. Expansions, acquisitions, partnerships, and new product developments are the key strategies adopted by these market players to expand their business in potential markets. In addition, they have been focusing on strategies such as organic and inorganic growth developments, including contracts and investments.
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Questions answered in the global sodium lactate market research report:
Sodium Lactate Market: Global Opportunity Analysis and Industry Forecast, 2020-2027 Report Highlights
Aspects | Details |
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By Product Type |
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By Application |
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By End User |
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By Region |
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Key Market Players | Labseeker, Phion LTD., abcr GmbH, CambridgeChem, IS chemical Technology, King Scientific, TCI AMERICA, AN Pharma Tech, MP Biomedical, and AN Pharma Tech |
Other Key Market Players | Aurora Fine Chemicals, Labseeker |
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