North America held the largest market share of around XX% in 2019 in terms of revenue and is expected to grow during the forecast period thanks to development in the food & beverages and pharmaceutical industry and growing the usage of sodium lactate.
In a recent research report by Maximize Market Research, the Sodium Lactate Market is expected to surpass US $ XX Bn by the year 2026, from US $ XX Bn in 2019.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 8.9%, during the tenure of 2020 – 2026.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of sodium lactate in the region, the Value – Chain Analysis, and the PORTER’s analysis for the sodium lactate market at a global level.
The study is consolidated based on two major segments and further into sub-segments, by Form (liquid form, powder form), by End User (cosmetic and personal care, beverage industry, pharmaceuticals industry, food industry, and healthcare), and by Application (antioxidant, emulsifier, ph. regulator, bulking agent, moisturizers and humectants, acidity regulator, and flavor enhancer) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
Lastly, the market research report provides a regional comparison and a complete country level analysis for the latest trends, along with the major key players – Labseeker, Aurora Fine Chemicals, ABCR GmbH., CambridgeChem, AK Scientific, Inc. (AKSCI), Finetech Industry Limited, TCI America, MP Biomedicals, LLC., Phion Ltd., Glentham Life Sciences Ltd., IS Chemical Technology, 1717 CheMall Corporation, King Scientific, and AN PharmaTech.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Sodium Lactate Market.”
https://www.maximizemarketresearch.com/market-report/global-sodium-lactate-market/109358/
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