Lactobionic acid is formed by oxidation of the disaccharide lactose. It is a molecule in which the PHA gluconolactone is attached to a sugar, galactose. Lactobionic acid takes the properties of bulk and polarity still further than the PHAs, with the added benefit of being a strong antioxidant and iron chelator. It has appeared on the commercial scene as a versatile polyhydroxy acid with numerous promising applications in the food, medicine, pharmaceutical, cosmetics and chemical industries.
Currently, there are some companies in the world can produce lactobionic acid product, mainly concentrate in India, USA and China. The main market players are Reliable Biopharmaceutical, Global Lactobionic Acid, Bio-sugars Technology, Manus Aktteva Biopharma, Carbosynth, Shanghai Hongbang Medical Technology, BOC Sciences and Haohua Group, etc. Reliable Biopharmaceutical, Global Lactobionic Acid and Bio-sugars Technology are the top 3 of this industry with about 81% market shares.
Lactobionic acid can be classified as two types, such as lactobionic acid solution and lactobionic acid powder. It can be widely used in many industries. Survey results showed that 37% of the lactobionic acid market is pharmaceutics & biomedicine industry, 32% is cosmetic industry, 18% is food industry, 6% is chemical industry and 5% divided among other industries. Currently, there are some companies in the world can produce lactobionic acid product, mainly concentrate in India, USA and China. The main market players are Reliable Biopharmaceutical, Global Lactobionic Acid, Bio-sugars Technology, Manus Aktteva Biopharma, Carbosynth, Shanghai Hongbang Medical Technology, BOC Sciences, Haohua Group, etc. Reliable Biopharmaceutical, Global Lactobionic Acid and Bio-sugars Technology are the top 3 of this industry with about 81% market shares.
Lactobionic acid can be classified as two types, such as lactobionic acid solution and lactobionic acid powder. It can be widely used in many industries. Survey results showed that 37% of the lactobionic acid market is pharmaceutics & biomedicine industry, 32% is cosmetic industry, 18% is food industry, 6% is chemical industry and 5% divided among other industries.
Market Analysis and Insights: Global Lactobionic Acid Market
In 2020, the global Lactobionic Acid market size was US$ 17 million and it is expected to reach US$ 18 million by the end of 2027, with a CAGR of 1.0% between 2021 and 2027
Global Lactobionic Acid Scope and Market Size
The global Lactobionic Acid market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Lactobionic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
Lactobionic Acid Solution
Lactobionic Acid Powder
Segment by Application
Medicine
Cosmetic
Food and Beverage
Chemical Industry
Others
By Company
Reliable Biopharmaceutical
Global Lactobionic Acid
Bio-sugars Technology
Manus Aktteva Biopharma
Carbosynth
Shanghai Hongbang Medical Technology
BOC Sciences
Haohua Group
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Currently, there are some companies in the world can produce lactobionic acid product, mainly concentrate in India, USA and China. The main market players are Reliable Biopharmaceutical, Global Lactobionic Acid, Bio-sugars Technology, Manus Aktteva Biopharma, Carbosynth, Shanghai Hongbang Medical Technology, BOC Sciences and Haohua Group, etc. Reliable Biopharmaceutical, Global Lactobionic Acid and Bio-sugars Technology are the top 3 of this industry with about 81% market shares.
Lactobionic acid can be classified as two types, such as lactobionic acid solution and lactobionic acid powder. It can be widely used in many industries. Survey results showed that 37% of the lactobionic acid market is pharmaceutics & biomedicine industry, 32% is cosmetic industry, 18% is food industry, 6% is chemical industry and 5% divided among other industries. Currently, there are some companies in the world can produce lactobionic acid product, mainly concentrate in India, USA and China. The main market players are Reliable Biopharmaceutical, Global Lactobionic Acid, Bio-sugars Technology, Manus Aktteva Biopharma, Carbosynth, Shanghai Hongbang Medical Technology, BOC Sciences, Haohua Group, etc. Reliable Biopharmaceutical, Global Lactobionic Acid and Bio-sugars Technology are the top 3 of this industry with about 81% market shares.
Lactobionic acid can be classified as two types, such as lactobionic acid solution and lactobionic acid powder. It can be widely used in many industries. Survey results showed that 37% of the lactobionic acid market is pharmaceutics & biomedicine industry, 32% is cosmetic industry, 18% is food industry, 6% is chemical industry and 5% divided among other industries.
Market Analysis and Insights: Global Lactobionic Acid Market
In 2020, the global Lactobionic Acid market size was US$ 17 million and it is expected to reach US$ 18 million by the end of 2027, with a CAGR of 1.0% between 2021 and 2027
Global Lactobionic Acid Scope and Market Size
The global Lactobionic Acid market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Lactobionic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
Lactobionic Acid Solution
Lactobionic Acid Powder
Segment by Application
Medicine
Cosmetic
Food and Beverage
Chemical Industry
Others
By Company
Reliable Biopharmaceutical
Global Lactobionic Acid
Bio-sugars Technology
Manus Aktteva Biopharma
Carbosynth
Shanghai Hongbang Medical Technology
BOC Sciences
Haohua Group
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
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