According to the research report titled ‘Lactate Salts Market Size, By Product (Sodium Lactate, Calcium Lactate, Magnesium Lactate, Potassium Lactate), By Application (Food & Beverages, Cosmetic, Pharmaceutical) Industry Analysis Report, Regional Outlook, End-user Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027’, available with Market Study Report, global lactate salts market is touted to record substantial growth over 2021-2027.

 

Surging demand of cosmetic & personal hygiene products, expanding pharmaceutical sector, along with adoption of product in food products as preservative are the factors augmenting worldwide lactate salts industry. Moreover, pragmatic outlook for organic salts among consumers is also impelling the growth of the market.   Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/3793238/

 

Speaking of product ambit, the industry consists of calcium lactate, sodium lactate, potassium lactate, magnesium lactate, and others (zinc lactate, calcium lactate blends, sodium lactate blends). Among these, the others segment is anticipated to record 7% CAGR over the analysis timeframe. Zinc lactate has anti-microbial action and helps in treating gingivitis and tartar. Also, it is used in multiple pharmaceutical products and in food items as a significant source of zinc to maintain normal functioning of body.

 

Moreover, zinc lactate is included in dental care products such as toothpaste, mouthwash, chewing gums, and other hygiene products as it impedes plaque formation. Attributes like bioavailability, physiological compatibility, and neutral state make zinc lactate preferred over other zinc salts. 

 

On the other hand, sodium lactate blends are also used in many food products as safe & effective preservative for longer self-life, which in turn is boosting product demand.

 

As per expert verbatim, Europe lactate salts market acquired 25% revenue share in the recent past and is poised to grow further through 2027 with amplification of cosmetics vertical. Manufacturers are focusing on introducing innovative product range for haircare, skincare, and men's grooming while incorporating creative marketing strategies, which in turn will foster the demand for lactate salts for production.

 

The competitive landscape of global lactate salts industry is defined by companies such as Jungbunzlauer Suisse AG, Dr. Paul Lohmann GmbH & Co. KGaA, Galactic S.A., Musashino Chemical Laboratory Ltd., Corbion N.V., Showa Kako Corporation, Prathista Industries – Nutraceuticals, MilliporeSigma, Anmol Chemical (Guj.) Pvt. Ltd., Tokyo Chemical Industry Co. Ltd., Thermo Fisher Scientific, and JINDAN Europe B.V. among others.