Product Code: ETC083585 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Jordan Lactic Acid Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 1.92% in 2025, growth builds up to 2.68% by 2029.
By 2027, the Lactic Acid market in Jordan is anticipated to reach a growth rate of 2.00%, as part of an increasingly competitive Middle East region, where Saudi Arabia remains at the forefront, supported by United Arab Emirates, Iran, Qatar and Kuwait, driving innovations and market adoption across sectors.
The Lactic Acid Market in Jordan is expanding, supported by its applications in food and beverages, pharmaceuticals, and biodegradable plastics. Lactic acid is used as a preservative, flavoring agent, and in the production of polylactic acid (PLA) plastics. The push towards sustainable and biodegradable materials significantly boosts market growth.
The lactic acid market in Jordan is driven by its widespread applications in food and beverages, pharmaceuticals, and cosmetics. The demand for natural and organic preservatives in the food industry, along with the increasing use of lactic acid in biodegradable plastics and personal care products, fuels market growth. Additionally, the rising focus on sustainable and eco-friendly products is boosting the demand for lactic acid.
The Lactic Acid Market in Jordan encounters challenges related to the high cost of production and the reliance on imported raw materials. The market is also affected by stringent regulatory requirements for the use and handling of lactic acid, which increases operational costs. There is a lack of local manufacturing capabilities, leading to higher dependence on imports and longer lead times. Additionally, the market faces competition from synthetic alternatives, which can impact demand.
Jordan policies for the lactic acid market focus on supporting the food and beverage industry, as well as promoting the use of lactic acid in biodegradable plastics. The government provides grants for research into new applications of lactic acid and subsidies for companies that produce eco-friendly products. These measures aim to enhance the sustainability of various industries and promote the use of lactic acid as a versatile and environmentally friendly compound.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Jordan Lactic Acid Market Overview |
3.1 Jordan Country Macro Economic Indicators |
3.2 Jordan Lactic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Jordan Lactic Acid Market - Industry Life Cycle |
3.4 Jordan Lactic Acid Market - Porter's Five Forces |
3.5 Jordan Lactic Acid Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Jordan Lactic Acid Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Jordan Lactic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Jordan Lactic Acid Market Trends |
6 Jordan Lactic Acid Market, By Types |
6.1 Jordan Lactic Acid Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Jordan Lactic Acid Market Revenues & Volume, By Raw Material, 2021-2031F |
6.1.3 Jordan Lactic Acid Market Revenues & Volume, By Corn, 2021-2031F |
6.1.4 Jordan Lactic Acid Market Revenues & Volume, By Sugarcane, 2021-2031F |
6.1.5 Jordan Lactic Acid Market Revenues & Volume, By Cassava, 2021-2031F |
6.1.6 Jordan Lactic Acid Market Revenues & Volume, By Other Crops, 2021-2031F |
6.2 Jordan Lactic Acid Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Jordan Lactic Acid Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.3 Jordan Lactic Acid Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.4 Jordan Lactic Acid Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 Jordan Lactic Acid Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.6 Jordan Lactic Acid Market Revenues & Volume, By Polylactic Acid, 2021-2031F |
6.2.7 Jordan Lactic Acid Market Revenues & Volume, By Others, 2021-2031F |
7 Jordan Lactic Acid Market Import-Export Trade Statistics |
7.1 Jordan Lactic Acid Market Export to Major Countries |
7.2 Jordan Lactic Acid Market Imports from Major Countries |
8 Jordan Lactic Acid Market Key Performance Indicators |
9 Jordan Lactic Acid Market - Opportunity Assessment |
9.1 Jordan Lactic Acid Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Jordan Lactic Acid Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Jordan Lactic Acid Market - Competitive Landscape |
10.1 Jordan Lactic Acid Market Revenue Share, By Companies, 2024 |
10.2 Jordan Lactic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |