Argentina Ethyl Lactate Market Size & Outlook, 2023-2030

The ethyl lactate market in Argentina is expected to reach a projected revenue of US$ 1.4 million by 2030. A compound annual growth rate of 2.8% is expected of Argentina ethyl lactate market from 2024 to 2030.
Revenue, 2023 (US$M)
$1.1
Forecast, 2030 (US$M)
$1.4
CAGR, 2024 - 2030
3.5%
Report Coverage
Argentina

Argentina ethyl lactate market highlights

  • The Argentina ethyl lactate market generated a revenue of USD 1.1 million in 2023 and is expected to reach USD 1.4 million by 2030.
  • The Argentina market is expected to grow at a CAGR of 2.8% from 2024 to 2030.
  • In terms of segment, medical grade was the largest revenue generating grade in 2023.
  • Medical Grade is the most lucrative grade segment registering the fastest growth during the forecast period.


Ethyl lactate market data book summary

Market revenue in 2023USD 1.1 million
Market revenue in 2030USD 1.4 million
Growth rate2.8% (CAGR from 2023 to 2030)
Largest segmentMedical grade
Fastest growing segmentMedical Grade
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFood Grade, Medical Grade, Industrial Grade


Other key industry trends

  • In terms of revenue, Argentina accounted for 1.7% of the global ethyl lactate market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil ethyl lactate market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 3.1 million by 2030.

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Ethyl Lactate Market Companies

Name Profile # Employees HQ Website

Argentina ethyl lactate market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ethyl lactate market will help companies and investors design strategic landscapes.


Medical grade was the largest segment with a revenue share of 36.36% in 2023. Horizon Databook has segmented the Argentina ethyl lactate market based on food grade, medical grade, industrial grade covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of ethyl lactate market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina ethyl lactate market , including forecasts for subscribers. This country databook contains high-level insights into Argentina ethyl lactate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Argentina ethyl lactate market size, by grade, 2018-2030 (US$M)

Argentina Ethyl Lactate Market Outlook Share, 2023 & 2030 (US$M)

Argentina ethyl lactate market size, by grade, 2018-2030 (US$M)

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