Top 6 manufacturers in Lactates Market
Prof Research published a new report on the Lactates market. It presents the largest 6 manufacturers in Lactates Market. The report is a professional and in-depth study of the current state of the global Lactates market. The report provides key statistics on the market of Lactates. It is a valuable source of guidance and direction for companies and individuals interested in the Lactates industry.
Lactates, also known as lactate ions or lactic acid, are chemical compounds that are produced during anaerobic metabolism, which occurs when the body does not have enough oxygen to produce energy through aerobic metabolism. Lactates are formed when pyruvate, a molecule produced during the breakdown of glucose, is converted into lactate by the enzyme lactate dehydrogenase.
Lactates play an important role in the body's energy production, as they can be used as a source of fuel by the muscles and other organs. They are also involved in regulating the pH of the blood, which is important for maintaining normal bodily functions.
High levels of lactate in the blood, known as hyperlactatemia, can be a sign of a variety of medical conditions, including sepsis, liver failure, kidney failure, and certain types of cancer. In some cases, hyperlactatemia can be a medical emergency and require immediate treatment.
The global Lactates market was valued to be 150.0 million USD in 2022. The Lactates production value is anticipated to have growth with a CAGR of 0.21% in the coming years to reach 151.9 million USD in 2028.
Corbion is the largest manufacturer of Lactates in the world, and it has a market share of 38.4% in value. Corbion NV is a company based in the Netherlands that is active in the field of biochemical ingredients. The Company's products include lactic acid derivatives, emulsifiers, functional enzyme blends, minerals and vitamins, among others. It operates through two business lines: Ingredient Solutions, divided into business segments Food and Biochemicals, as well as Innovation Platforms.
Henan Jindan is the second largest manufacturer of Lactates in the world, and it has a market share of 26.7% in value. Henan Jindan lactic acid Technology Co., Ltd. is a high-tech enterprise using modern microbial fermentation technology to produce L-lactic acid.