This Sodium Lactate market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Sodium Lactate market.
Sodium lactate is a fluid salt that is naturally derived from the nature of fermentation of sugars which originates in beets and corns, living organisms naturally produces sodium lactate as a by-product of glycolysis, sodium lactate is also known as lactic acid sodium salt which tastes mild saline. It has a high water holding capacity and Sodium lactate is used as a preservative which inhibits growth of bacteria. Sodium lactate is used in soaps to produce hard bar soaps that lasts long in the shower and it even provides moisture as sodium lactate is a salt, which is a natural humectant. Sodium lactate is naturally available in liquid form but is also manufactured in powder form. Sodium lactate does not only act as a preservative but it is also an acidity regulator and a bulking agent in food and beverage and other products. Other than soaps sodium lactate is also used in shampoos because of its moisturizing and humectant properties. Sodium lactates are available in injection form which is a sterilized, concentrated solution of sodium lactate in water. The sodium lactate in injection form contains no antimicrobial agent, bacteriostat or added buffer. Sodium lactate should be used carefully in patients with congestive heart failure, any other severe renal insufficiency.
Global Sodium Lactate Market: Market Dynamics
Sodium lactate market is driven by food and beverage industry as it is used as a preservative in food products, it is also used as bulking agent in many products. In healthcare industry it is given as intravenously as a source of bicarbonate for regulating or preventing mild to adequate metabolic acidosis in patients with limited oral ingestion whose oxidative processes are not seriously impaired, sodium lactate is an important purpose of providing raw materials for subsequent regeneration of bicarbonates and is a source of bicarbonates when normal production and utilization of lactic acid is not impaired as a result of disordered lactate metabolism. The factors restraining the sodium lactate market is the side effects related to sodium lactate, it can cause fluid or solute overloading resulting in dilution of other serum electrolyte concentration, congested states, over hydration, pulmonary edema. In some patients sodium lactate can cause wheezing, chest pain. Inability to focus, cramps in muscles, swelling of face or throat, tremors. Large intake of sodium lactate may even increase blood pressure.
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Pharmaceutical industry has higher rate of usage of sodium lactate in food products followed by food and beverage industry. It is mostly manufactures in the liquid form and is used as a preservative or a moisturizing agent.
Global Sodium Lactate Market: Regional overview
Based on the geographies, the global sodium lactate market is fragmented into seven key regions- Latin America, North America, Western Europe, Eastern Europe, Middle East & Africa, Asia-Pacific except Japan and Japan. Among the regions mentioned above, it is used as a preservative in North America the growth for sodium lactate market is at a higher rate in North America region followed by Western Europe and Asia-pacific. Overall the market for sodium lactate is expected to grow at a faster rate and will have a positive growth owing to the pharmaceutical and food & beverage industry.
Global Sodium Lactate market players
Some of the market players identified in the global sodium lactate market includes:
- MP Biomedicals, LLC
- Labseeker
- Phion Ltd
- Aurora Fine Chemicals
- Phion Ltd
- abcr GmbH
- Glentham Life Sciences Ltd.
- CambridgeChem
- IS Chemical Technology
- AK Scientific, Inc. (AKSCI)
- 1717 CheMall Corporation
- Finetech Industry Limited
- King Scientific
- TCI AMERICA
- AN PharmaTech
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina)
- Western Europe (Germany, Italy, U.K, Spain, France, Nordic, Rest of Western Europe)
- Eastern Europe (Russia, Poland)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Global Sodium Lactate Market: Market segmentation
On the basis of end user industry type, the global sodium lactate market is segmented into:
- Pharmaceuticals industry
- Cosmetic and personal care
- Food industry
- Beverage industry
- Healthcare
On the basis of product type, the global sodium lactate market is segmented into:
- Liquid form
- Powder form
On the basis of application, the global sodium lactate market is segmented into:
- Bulking agent
- Antioxidant
- Moisturizers and Humectants
- Emulsifier
- Acidity regulator
- Ph. Regulator
- Flavor enhancer
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
Frequently Asked Questions
What research methodology is used to develop the Sodium Lactate Market report?
- FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
- These approaches include accumulating data from both primary and secondary sources
- Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Sodium Lactate Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
- Analysis of several middle market stakeholders for country-wise data
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How do you define competitors based on market structure? What aspects about a competitor are included in the company profile section?
- Most of the competitors are segregated according to their market share in 'Tier' wise statures.
- Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.