Potassium Lactate Market was valued at USD 2.28 billion in 2020 and is expected to grow at a CAGR of 11% between 2021 and 2027. Potassium lactate is a colorless, odorless liquid obtained by neutralizing lactic acid with potassium compounds. It acts as a salt substitute for low sodium applications due to its functionality similar to that of salt (such as excellent moisturizing and syneresis prevention). It usually does not have any off-flavor associated with other potassium products.
Potassium lactate has been widely used in various end-user industries as preservative, wetting agent, antioxidant and flavoring agent, such as food & beverage, it is also used to adjust pH level. Furthermore, potassium lactate is used as extinguishing agent in the first alarm tundra fire extinguisher. The concentration level of potassium lactate is 60%; therefore, it is added directly to the cutter or curing pickles.
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Top Major Key Players Industries
Cargill Inc.
Advanced Food Systems Inc.
Kerry Group Plc
DuPont
AngelYeast Co., Ltd
By Application
• Food Additives
• Preservatives
• Emulsifiers
• pH and Acidity Regulators
• Bulking Agents
• Others
By End-Use
• Food and Beverages
• Cosmetics
• Clinical Nutrition
• Personal Care
• Animal Feed
• Others
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Scope of the Report
The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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