Lactic Acid Market expanding at a CAGR of 10.7% during the forecast period of 2024–2033
The global Lactic Acid Market is witnessing steady growth due to increasing demand across food, pharmaceutical, and biodegradable plastics industries. Lactic acid, a naturally occurring organic acid, is widely used as a preservative, acidulant, and in the production of polylactic acid (PLA) bioplastics. Expanding applications and sustainable manufacturing trends are driving market growth...
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