Sodium Lactate Market Supply-Demand, Production Cost and Share Analysis
Sodium Lactate Market Summary The global sodium lactate market size was valued at USD 259.5 million in 2021 and is projected to reach USD 516.5 million by 2030, growing at a CAGR of 8.0% from 2022 to 2030. This healthy growth trajectory reflects the expanding use of sodium lactate across pharmaceutical, medical, food, and personal care applications. Demand for the product is anticipated to be driven primarily by the increasing use of sodium lactate as an active pharmaceutical ingredient in intravenous fluids and in dialysis treatments for chronic kidney diseases such as continuous ambulatory peritoneal dialysis, where it plays a critical role in maintaining electrolyte balance and pH stability. The market is characterized by the presence of several large and well-established manufacturing companies operating globally. Key players such as Corbion, Henan Jindan Lactic Acid Technology Co., Ltd., Foodchem International Corporation, and Jungbunzlauer Suisse AG continue to ...