Los Angeles, CA -- (SBWIRE) -- 04/17/2019 -- Lactobionic acid is formed by oxidation of the disaccharide lactose. It is a molecule in which the PHA gluconolactone is attached to a sugar, galactose. Lactobionic acid takes the properties of bulk and polarity still further than the PHAs, with the added benefit of being a strong antioxidant and iron chelator. It has appeared on the commercial scene as a versatile polyhydroxy acid with numerous promising applications in the food, medicine, pharmaceutical, cosmetics and chemical industries.

In consumption market, the growth rate of global consumption is smooth relatively. USA and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy. The major raw material for lactobionic acid is lactose. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of lactobionic acid industry.

We tend to believe this industry is an emerging industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.

The global Lactobionic Acid market was 19 million US$ in 2018 and is expected to 34 million US$ by the end of 2025, growing at a CAGR of 7.6% between 2019 and 2025. This report studies the Lactobionic Acid market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Lactobionic Acid in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Reliable Biopharmaceutical

Global Lactobionic Acid

Bio-sugars Technology

Manus Aktteva Biopharma

Carbosynth

Shanghai Hongbang Medical Technology

BOC Sciences

Haohua Group

By the product type, the market is primarily split into

Lactobionic Acid Solution

Lactobionic Acid Powder

By the end users/application, this report covers the following segments

Medicine

Cosmetic

Food and Beverage

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