Global Lactobionic Acid Market Report, History and Forecast 2016-2027, Breakdown Data by Manufacturers, Key Regions, Types and Application

SKU ID : QYR- 18805787

Publishing Date : 27-Jul-2021

No. of pages : 119

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  • 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


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