Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 400.52 Million | USD 905.57 Million | 8.5% | 2024 |
The global sodium lactate market size was worth around USD 400.52 Million in 2024 and is predicted to grow to around USD 905.57 Million by 2034 with a compound annual growth rate (CAGR) of roughly 8.5% between 2025 and 2034. The report analyzes the global sodium lactate market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the sodium lactate industry.
The sodium salt of lactic acid, sodium lactate, has a mildly salty flavor. It is made by fermenting sugar sources like corn or beets and then neutralizing the lactic acid that results to yield a substance with the formula NaC3H5O3. Naturally, sodium lactate, a liquid substance, is also offered in powder form. Food goods frequently contain sodium lactate as a preservative.
Additionally, it works incredibly well as a humectant, strengthening the moisture barrier in the skin. Furthermore, sodium lactate can be added to lotions to make them thicker and more moisturizing. To give the argan and shea lotion and fresh face oil-free lavender lotion a creamier texture, sodium lactate is included in the recipe. Skin remains hydrated longer because of sodium lactate's humectant qualities. Injections of sodium lactate, a concentrated solution of sodium lactate in water, are available. There is no bacteriostat, antimicrobial, or additional buffer present in the solution.
Increasing the application of sodium lactate in the cosmetics and personal care industry to drive the market growth.
The global sodium lactate market is being driven by the rising demand for cosmetics and personal care products worldwide. The market is growing as a result of factors like rising social network usage, rising consumer interest in high-end and new products, and an increase in the number of upper-middle-class people.
The growth in worldwide online cosmetics sales in 2018 was 25%, and e-share commerce of the beauty market was 12.5%, according to the L'Oréal 2018 annual report. Moreover, in cosmetic products, sodium lactate serves as a buffering agent and preservative enhancer. It also has bacteriostatic properties. Usage as a humectant in the creation of moisturizers, creams, lotions, and several other skincare products is another important use of sodium lactate in cosmetics and personal care goods. Thus, the rising application of sodium lactate in the cosmetics and personal care industry to drive market growth during the forecast period.
High dependency on imports might be hampering the market growth
One of the main factors restricting the market is its high reliance on imports. Developing nations with import-dependent economies include Vietnam, Indonesia, Brazil, Argentina, Mexico, and Columbia. Heavy imports from outside the area are the main source of sodium lactate demand. Despite some of the top producers of chemical commodities having large production capacities in nations like the United States, India, Argentina, Brazil, and Mexico, there is still a significant discrepancy between total demand and production. Countries rely largely on imports as a result to cover the gap. Over the projected period, any imbalance in imports could impact the global sodium lactate market.
The growing application of sodium lactate from various end-use industries is expected to provide a lucrative opportunity for the market expansion.
In the food and beverage industry, sodium lactate is widely used in food products as a preservative, and many products, it is also used as the bulking agent. In the healthcare industry, sodium lactate is given intravenously as a supply of bicarbonate to prevent or regulate adequately mild metabolic acidosis in patients that have not so seriously impaired oxidative processes and whose oral ingestion is limited. Sodium lactate is a source of bicarbonates thus it is used as raw material for later bicarbonates regeneration when normal utilization and production of lactic acid are not harmed due to improper lactate metabolism. Thus, the growing demand for sodium lactate from various industries is expected to provide a lucrative opportunity for market growth.
Report Attributes | Report Details |
---|---|
Report Name | Sodium Lactate Market |
Market Size in 2024 | USD 400.52 Million |
Market Forecast in 2034 | USD 905.57 Million |
Growth Rate | CAGR of 8.5% |
Number of Pages | 177 |
Key Companies Covered | Jungbunzlauer Suisse AG, Hefei TNJ Chemical Industry Co., Ltd., Foodchem International Corporation, Luoyang Longmen Pharmaceutical Co., Ltd., Corbion, Henan Jindan Lactic Acid Technology Co., Ltd., Loba Chemie Pvt. Ltd., Dr. Paul Lohmann GmbH & Co. KGaA, JIAAN BIOTECH, Qingdao Great Biological Engineering Co., Ltd., and others. |
Segments Covered | By Form, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global sodium lactate market is segmented based on the form, application and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2025 to 2034.
Based on form, the global market is bifurcated into powder and liquid. The liquid segment accounted for the largest revenue share of more than 75% in 2024 and is expected to show its dominance during the forecast period. The growth in the segment is attributed to the increasing demand for liquid sodium lactate from the pharmaceutical industry. It is used in IV solutions and dialysis for chronic kidney diseases (CKD). Initial production of sodium lactate takes place in the liquid state. Due to its mild oiliness and effective moisturizing properties, it is often utilized in the production of soaps, lotions, and shampoo. Because sodium lactate complies with several rules established by regulatory agencies and the governments of numerous nations, its use on human skin is safe. In addition to the liquid form, the powdered form is also offered. The composition of cosmetics and personal care products typically uses the powdered form. It demonstrates potent antibacterial and humectant qualities that are extremely advantageous for the cosmetics sector. As a result, it is added to bar soaps to promote moisture retention and decrease cracking.
On the basis of Application, the global sodium lactate market is bifurcated into Cosmetics, Pharmaceuticals, Food & Beverages, Others.
The Regional, this segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America,and the Middle East and Africa.
The sodium lactate market exhibits varied growth across regions, with North America leading due to high demand in the food, pharmaceutical, and personal care industries, driven by consumer preference for natural and clean-label ingredients. Europe follows closely, supported by stringent food safety regulations and a mature cosmetics sector utilizing sodium lactate as a moisturizer and preservative. In the Asia-Pacific region, rapid urbanization, rising disposable incomes, and expanding food processing and healthcare sectors are fueling significant market growth, especially in countries like China and India. Meanwhile, Latin America and the Middle East & Africa are emerging markets, where increasing industrial applications and growing awareness of sodium lactate’s benefits are expected to drive gradual demand expansion.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the sodium lactate market on a global and regional basis.
The global sodium lactate market is dominated by players like:
The global sodium lactate market is segmented as follows;
By Form
By Application
FrequentlyAsked Questions
The sodium salt of lactic acid, sodium lactate, has a mildly salty flavor. It is made by fermenting sugar sources like corn or beets and then neutralizing the lactic acid that results to yield a substance with the formula NaC3H5O3. Naturally, sodium lactate, a liquid substance, is also offered in powder form. Food goods frequently contain sodium lactate as a preservative.
The global sodium lactate market is expected to grow due to rising demand in food preservation, pharmaceuticals, and cosmetics, along with increasing preference for natural and safe preservatives.
According to a study, the global sodium lactate market size was worth around USD 400.52 Million in 2024 and is expected to reach USD 905.57 Million by 2034.
The global sodium lactate market is expected to grow at a CAGR of 8.5% during the forecast period.
North America is expected to dominate the sodium lactate market over the forecast period.
Leading players in the global sodium lactate market include Jungbunzlauer Suisse AG, Hefei TNJ Chemical Industry Co., Ltd., Foodchem International Corporation, Luoyang Longmen Pharmaceutical Co., Ltd., Corbion, Henan Jindan Lactic Acid Technology Co., Ltd., Loba Chemie Pvt. Ltd., Dr. Paul Lohmann GmbH & Co. KGaA, JIAAN BIOTECH, Qingdao Great Biological Engineering Co., Ltd., among others.
The report explores crucial aspects of the sodium lactate market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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