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South America Lactic Acid Market Impact Analysis of Covid-19 is projected to reach US$ 259.71 Mn by 2027 with CAGR of  9.4% %|Business Market Insights – KSU


is expected to reach US$ 259.71 million in 2027 from US$ 127.11 million in 2019. The market is anticipated to grow at a CAGR of 9.4 % from 2020 to 2027.
Lactic acid also known as lactate refers to a chemical byproduct of the anaerobic respiration. It also is a type of organic acid which is obtained during fermentation. The feedstock employed in the production of lactic acid is carbohydrate which can be obtained from sources such as sugarcane, corn starch or tapioca starch. Lactic acid also serves as the building block of polylactic acid and is used in variety of applications like food & beverages, personal care and pharmaceuticals. ....

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