Lactic Acid Market Size Worth $5.02 Billion By 2028 | CAGR: 8.0%: Grand View Research, Inc.
The market growth can be attributed to the increasing demand for lactic acid in various end-use industries, including industrial, food and beverages, and pharmaceuticals, especially in emerging economies such as India, China, and Indonesia. A large share of this product produced globally is obtained through the fermentation process owing to its lower production costs as […]