Lactic Acid Market Analysis: Emerging Applications and Market Dynamics The global lactic acid market was valued at approximately USD 3.37 billion in 2023 and is projected to expand at a robust compound annual growth rate (CAGR) of 8.0% from 2024 to 2030. The growing demand for lactic acid across various end-use industries, particularly in emerging economies like India, China, and Indonesia, is expected to significantly drive market growth during the...