Title: PPT for Potassium Lactate Market Research, 2017 - 2024
1Potassium Lactate Market Update (2017 - 2024)
Potassium Lactate Market Size, Industry Analysis
Report, Regional Outlook (U.S., Canada, Germany,
UK, France, Italy, Russia, China, India, Japan,
Malaysia, Thailand, Indonesia, Australia, Brazil,
Saudi Arabia, UAE, South Africa), Application
Development Potential, Price Trends, Competitive
Market Share Forecast, 2017 2024
2Global Market Scenario of Potassium Lactate
- Global Potassium Lactate Market size is likely to
register significant gains between 2017 and 2024.
- Growth of the compound is attributed to its
multiple applications in varied end-user
industries such as detergents cleaners,
personal care, health care, food beverages as a
flavoring agent, antioxidant, humectant, and as a
preservative. - Potassium lactate is used widely in food
beverage industry as a preservative. It restricts
the growth of pathogens in food products owing to
its capability of reducing PH level. - Its appreciable moisturizing effects is used to
enhance the food quality. It acts as a salt
substitute in low sodium application as it
depicts properties similar to salt such as
syneresis prevention and better moisturizing. - Other features of the product used in food
application are antioxidant and texture flavor
enhancer. - Ever increasing packaged food beverage demand
owing to fast life and whim amongst youngsters is
anticipated to boost potassium lactate market in
the forecast timeframe.
3Market Research Reports Key Analytical
Components
4- Product Analysis-
- The compound possesses high buffering capacity
and moisturizing properties owing to which it is
used in variety of personal care products
including soap, skin care, oral care, hair care
and other bath products. Further, it has
application in bakery, sauces, meat poultry
products as a flavoring seasoning agent,
emulsifier, and preservative. It is widely
employed in poultry and meat products to increase
shelf life and food safety. Consumer awareness
regarding health care and beauty care products
has uplifted its usage. Additionally, meat
poultry market is escalating in gulf countries
owing to shortage of farming land. These factors
are likely to fuel potassium lactate market
during the forecast period. - Regional Trends-
- Asia Pacific has a significant share in global
potassium lactate market owing to its developing
cosmetics industry. Thailand, Philippines and
Australia are registering substantial gains in
personal care, beauty care, skin care, oral care
and hair care products. Further pickle is
prepared widely in India that surges consumption
of the compound as a preservative. North America
is a worldwide recognized market for packed food
beverages. These products require food
additives to add flavor, increase shelf life, and
maintain quality of the food.
5- Competitive Trends
- Key industry players in the market include
Chongqing Bofei Biochemical products,
Jungbunzlauer, Lab M, Henan Jindan Lacitc Acid
Technology, American Elements, Qingdao Baotai
Refining Chemical, and FBC Industries.
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