Lactoferrin Market Report, Global Size, Demand, Opportunity, Top Companies and Industry Analysis 2022-2027

The latest report published by IMARC Group, titled “Lactoferrin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global lactoferrin market size reached US$ 250.9 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 397.2 Million by 2027, exhibiting a growth rate (CAGR) of 7.87% during 2022-2027.

Year Considered to Estimate the Market Size:

Base Year of the Analysis: 2021

Historical Period: 2016-2021

Forecast Period: 2022-2027

Lactoferrin is a multifunctional protein found in mammalian milk with several immunological, antibacterial, and antiviral properties. It is commonly found in human and bovine bile, milk, saliva, tears, and mucus. It is a rich source of antioxidants that improve immunity and prevent diarrhea, viral and bacterial infections, stomach and intestinal ulcers, and hepatitis C. Additionally, lactoferrin aids in regulating iron metabolism, preventing tissue damage and cancer, and delaying physiological signs of aging, due to which it is extensively used across the pharmaceutical, nutraceutical, food and beverage (F&B), and personal care industries.

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Market Trends:

The surging health consciousness among consumers and the rising awareness regarding the benefits of lactoferrin are some of the key factors primarily driving the market growth. This is further supported by the increasing prevalence of anemia in pediatrics and adults, which, in turn, has intensified the demand for lactoferrin as a promising effective treatment with fewer side effects. Additionally, key market players are introducing lactoferrin-based infant formulas, sports nutrition products, and functional supplements to increase their consumer base, which is creating a positive outlook for the market. Furthermore, the burgeoning product application to manufacture personal care and cosmetic products due to its anti-allergic, acne-treating, and anti-aging properties is providing a considerable thrust to the market growth. Apart from this, rising investments in research and development (R&D) activities by key players and increasing consumer expenditure power are bolstering the market growth.


Lactoferrin Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the lactoferrin market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Bega Cheese Limited
  • Farbest Brands
  • Ferrin-Tech LLC
  • Fonterra Cooperative Group Ltd.
  • Glanbia PLC
  • Hoogwegt Group B.V.
  • Ingredia SA
  • Metagenics Inc. (Alticor Inc.)
  • MILEI GmbH (Morinaga Milk Industry Co. Ltd.)
  • Mp Biomedicals LLC (Valiant Co. Ltd.)
  • Saputo Inc.
  • Synlait Milk Limited
  • Tatura Milk Industries Ltd.
  • Westland Milk Products

Key Market Segmentation:

The report has segmented the global lactoferrin market based on function, application and region.

Breakup by Function:

  • Iron Absorption
  • Anti-Inflammatory
  • Intestinal Flora Protection
  • Antibacterial
  • Immune Cell Stimulation
  • Antioxidant
  • Others

Breakup by Application:

  • Food and Beverages
  • Infant Formula
  • Sports and Functional Foods
  • Pharmaceuticals
  • Personal Care Products
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Ask Analyst for 10% Free Customized Report:
 https://www.imarcgroup.com/request?type=report&id=3564&flag=C

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
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