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Stock impact report

Global Lactic Acid Market Revenue is Estimated to Reach USD 5.26 billion by 2030, Growing at a CAGR of 7.7%: Straits Research [Yahoo! Finance]

Danimer Scientific, Inc. (DNMR) 
Company Research Source: Yahoo! Finance
In Asia Pacific, with an 8.3% CAGR, strong manufacturing bases and government initiatives support market growth, especially in China, Japan, and India. New York, United States, Feb. 19, 2024 (GLOBE NEWSWIRE) -- Lactic acid is one of the more well-known organic acids with various industrial applications. This product is widely used in the food, chemical, pharmaceutical, and cosmetics industries. The preparation of fermented dairy products, vegetable pickling, and the curing of fish, meat, and sausages all require the use of this acid. Foods that have undergone fermentation, such as yogurt, butter, and canned vegetables, all contain lactic acid, which is essential. However, it is also utilized as an acidulant and preservative in pickled vegetables and olives. Report Scope Study Period CAGR Historical Period Forecast Period Base Year Base Year Market Size USD 2.7 Billion Forecast Year Forecast Year Market Size USD 5.26 Billion Largest Market North America Fa Show less Read more
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