Market Share of Lactic Acid Industry
The lactic acid market is highly consolidated in nature. The leading competitors in the market are Cargill Incorporated, Corbion NV, Henan Jindan Lactic Acid Technology Co. Ltd, and DuPont de Nemour Inc. Due to commodity price instability, the big competitors prefer to invest in new product development and marketing strategies to maintain their positions. Most significant firms are investing in R&D to develop new and innovative technology.
Lactic Acid Market Leaders
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Corbion NV
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Henan Jindan Lactic Acid Technology Co., Ltd
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Cargill, Incorporated
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DuPont de Nemours, Inc.
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VIGON INTERNATIONAL, INC.
*Disclaimer: Major Players sorted in no particular order
