Global L-Ammonium Lactate Market Insights, Forecast to 2025

Ammonium lactate is a compound with formula NH4 (C2H4 (OH) COO). It is the ammonium salt of lactic acid. It has mild anti-bacterial properties.
The global L-Ammonium Lactate industry has a rather high concentration. The major manufacturers are concentrated in China, North America, Europe, India and Asia Others, such as Corbion-Purac, Chattem Chemicals, Musashino Chemical, SHXSHW and Jindan. At present, Corbion-Purac is the world leader, holding 45.61% production market share in 2017.
L-Ammonium Lactate downstream is wide and recently L-Ammonium Lactate has acquired increasing significance in various fields of Skin Care, Feed Additives, Pharmaceutical and Others,. Globally, the L-Ammonium Lactate market is mainly driven by growing demand for Skin Care. Skin Care accounts for nearly 49.32% of total downstream consumption of L-Ammonium Lactate in global.
L-Ammonium Lactate can be mainly divided into General Grade and Cosmetic Grade which General Grade captures about 52.76% of L-Ammonium Lactate market in 2017. According to our research and analysis, manufacturers from Europe are the major leaders in the international market of L-Ammonium Lactate.
Global L-Ammonium Lactate market size will increase to 1080 Million US$ by 2025, from 810 Million US$ in 2018, at a CAGR of 3.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for L-Ammonium Lactate.

This report researches the worldwide L-Ammonium Lactate market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global L-Ammonium Lactate breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
Corbion-Purac
Chattem Chemicals
Musashino Chemical
SHXSHW
Jindan

L-Ammonium Lactate Breakdown Data by Type
General Grade
Cosmetic Grade
L-Ammonium Lactate Breakdown Data by Application
Skin Care
Feed Additives
Pharmaceutical
Others

L-Ammonium Lactate Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions

L-Ammonium Lactate Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global L-Ammonium Lactate capacity, production, value, consumption, status and forecast;
To focus on the key L-Ammonium Lactate manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of L-Ammonium Lactate :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.