A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Potassium
Lactate Market.
The study, titled “Potassium
Lactate Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Potassium
lactate is a colorless, odorless liquid obtained by neutralizing
lactic acid with a potassium compound. It acts as a substitute of
salt for low sodium application due to similar functionalities (such
as excellent moisturizing and syneresis prevention) as that of salt.
It does not have any off-flavors typically associated with other
potassium products. Potassium lactate has been widely used in various
end-user industries, such as food & beverages, health care,
personal care, and cleaner & detergents, as preservative,
humectant, antioxidant, and flavoring agent. It is also used to
adjust the pH level. Furthermore, potassium lactate is used as an
extinguishing agent in the first alert tundra fire extinguishers.
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Market Research Report @
The
concentration level of potassium lactate is 60%; therefore, it is
added directly to the cutter or the curing pickle.The global
potassium lactate market can be segmented based on function, end-use,
and region. In terms of function, the potassium lactate market can be
divided into food additives, preservatives, emulsifiers, PH &
acidity regulators, bulking agents, and others. Based on end-use, the
potassium lactate market can be segregated into food production,
cosmetics, clinical nutrition, personal care, and animal feed.
The
global potassium lactate market is expected to expand significantly
during the forecast period. Rise in demand for potassium lactate in
the food industry is one the major factors driving the market for
potassium lactate. Addition of potassium lactate in food products can
prevent the growth of pathogens, due to its ability to reduce pH.
Potassium lactate is used to improve the quality of food due to its
excellent moisturizing effects. However, potassium lactate has not
been authorized for usage in infant foods or infant formulas. It is
primarily employed in meat and poultry products in order to increase
food safety and shelf life. Due to its high moisturizing properties
as well as buffering capacity, it is used in a wide range of personal
care products such as hair care, oral care, skin care, and soap &
bath products. Growth in the personal care industry is anticipated to
drive the market for potassium lactate. Rise in demand for potassium
lactate in the health care industry is also anticipated to boost the
market for potassium lactate during the forecast period. Increase in
demand for beverage products is another factor fueling market growth.
Potassium lactate is preferred in the detergent industry due to its
excellent moisturizing properties.
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In
terms of region, the potassium lactate market can be divided into
Asia Pacific, North America, Europe, Middle East & Africa, and
Latin America North America primarily dominates the global potassium
lactate market. The region is anticipated to maintain its dominance
during the forecast period as potassium lactate is permitted in the
U.S as flavoring agent in meat, poultry, and food products with no
limitation other than current good manufacturing practice. The patent
approval for potassium lactate for usage as additive in various food
products in Europe is estimated to augment the market for potassium
lactate in the region in the near future. Increasing demand for
potassium lactate in pharmaceuticals and food & beverages
industries in Asia Pacific and Middle East & Africa is projected
to boost the market for potassium lactate during the forecast period.
Key
players operating in the global potassium lactate market include FBC
Industries, Inc., Qingdao Baotai Refining Chemical Co., Ltd.,
American Elements, Henan Jindan Lacitc Acid Technology Co. Ltd., Lab
M, Jungbunzlauer, and Chongqing Bofei Biochemical products, Ltd.
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The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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Us
Transparency
Market Research (TMR) is a market intelligence company, providing
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of quantitative forecasting and trends analysis provides
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and analyze information.
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data repository is continuously updated and revised by a team of
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Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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