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Lactoferrin Market

Lactoferrin Market Size, Share and Segmentation by Function (Iron Absorption, Intestinal Flora Protection), by Application (Personal Care Products, Infant Formula), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/F&B/1997 | June 2022 | Region: Global | 120 Pages

Report Scope & Overview:

The Lactoferrin Market Size was esteemed at USD 213.2 million out of 2021 and is supposed to arrive at USD 388 million by 2028, and develop at a CAGR of 8.9% over the forecast period 2022-2028.

Lactoferrin has antibacterial, antifungal, iron restricting/moving, and antiviral, against cancer-causing and mitigating properties. These practical capacities of the lactoferrin rely on the construction of the multifunctional protein. Lactoferrin is for the most part separated from cow-like milk and thus added and blended into different business food items for example in beauty care products, baby equation, toothpaste, and nourishing enhancements.

Lactoferrin Market Revenue Graph

This multifunctional protein is delicate to denaturation made to a few physicochemical burdens and temperature. Subsequently, the extraction, cycle of the lactoferrin combined with the handling boundaries for the lactoferrin-containing food items ought to be improved and enhanced to stay away from denaturation. Lactoferrin is one of the significant parts of the invulnerable framework. The protein’s antibacterial and antifungal attributes act guard system in the body. Because of this, lactoferrin offers antibacterial and antifungal capacity to human babies.

Lactoferrin is a piece of the bigger transferrin protein family and has great iron-restricting properties. It carries out the role of a cell reinforcement in various medication definitions used to fix bacterial and viral contaminations, it is likewise used to fix different problems connected with the human stomach related framework. Lactoferrin can be gotten from various sources including rice flour, human milk, and creature milk. The main human milk is delivered after the introduction of a child; Colostrum contains multiple times more lactoferrin than the milk created a while later.

Market Dynamics:

Driving Factors:

  • The flood in the interest of cosmeceutical items that give medical advantages.

  • The ascent in the mindfulness of personal care.

Restraining Factors:

  • The high dosages of lactoferrin can cause rashes.

  • Opposite after effects.

Opportunities:

  • The launch of better-quality items.

  • The utilization of new packaging.

Challenges:

  • Expanded drives by the public authority to advance breastfeeding.

Impact of Covid-19:

There is an expansion in the interest for supplements because of the COVID-19 pandemic. Customer request has expanded to help their body, increment resistant wellbeing, and lessen uneasiness. The retail location is shut, so online channels are utilized to meet the prerequisites of the clients. With the developing interest, the producers are dealing with issues in regards to the stockpile of unrefined substances. Organizations are going to preventive lengths to meet the prerequisites of the shoppers and guarantee the well-being of laborers. The organizations are keeping guidelines set by the public authority for opening stores. They are giving sanitizers and glove covers to the store laborers to guarantee wellbeing. The organizations are decreasing the opening times of the stores and empowering clients to observe the guidelines of social removing and utilize contactless installments.

Market Estimations:

By Function:

The iron assimilation section represented the most elevated income share in 2021 and is supposed to keep up with its driving situation over the figure period. Lack of iron generally prompts frailty. Lactoferrin has been a pivotal answer for frailty, its elevated degree of bioavailability alongside the capacity to increment serum ferritin levels by multiple times permits effective retention of iron when contrasted with other iron sources. Lactoferrin is a trendy answer for sickliness and is generally perceived to be essential for the transferrin family, which manages the degrees of free iron in body liquid alongside expanding the degrees of hemoglobin by improving the capacity to tie iron. The antibacterial usefulness section represented the second-most noteworthy income share in 2021.

By Application:

The baby recipe section overwhelmed the lactoferrin market and held the most noteworthy income portion. The interest is expected to become attributable to the expansion in the number of clinical examinations supporting baby equation reconciliation with lactoferrin and changing purchaser elements towards newborn child beneficial food sources. The individual consideration item application portion is expected to enlist the quickest CAGR during the conjecture time frame. The most productive benefit of lactoferrin incorporates its possible use as a non-poisonous and hostile to disease specialist.

Market Segmentation:

Function Outlook:

  • Iron Absorption

  • Anti-inflammatory

  • Intestinal Flora Protection

  • Antibacterial

  • Immune Cell Stimulation

  • Antioxidant

Application Outlook:

  • Food & Beverages

  • Infant Formula

  • Sports & Functional Foods

  • Pharmaceuticals

  • Personal Care Products

  • Animal Feed

Lactoferrin Market Segment Chart

Regional Analysis:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

North America initiates the lactoferrin market and will keep on thriving its pattern of strength during the conjecture time frame. The U.S. has arisen to turn into a significant patron from this locale attributable to the expanded utilization of newborn child equation in the country. Asia-Pacific is additionally set to project the most noteworthy development rate during the figure time frame. This implies that the area will score the most elevated accumulated yearly development rate for the conjecture time frame. This is a result of the developing mindfulness about the medical advantages of lactoferrin, reception of a sound way of life, and individual extra cash.

Key Players:

Hilmar Cheese Company, Pharming Group NV, FrieslandCamina, Synlait Milk Ltd., Ingredia SA, MP Biomedicals, Tatura Milk Industries Ltd., Glanbia plc, APS BioGroup, ProHealth, Fonterra Cooperative Group Ltd., Farbest Brands, InVitria, Milei GmbH, Ferrin-tech LLC

Lactoferrin Market Report Scope
Report Attributes Details
Market Size in 2021 US$ 213.2 Million
Market Size by 2028 US$ 388 Million
CAGR CAGR 8.9% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Function (Iron Absorption, Intestinal Flora Protection)
• by Application (Personal Care Products, Infant Formula)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Hilmar Cheese Company, Pharming Group NV, FrieslandCamina, Synlait Milk Ltd., Ingredia SA, MP Biomedicals, Tatura Milk Industries Ltd., Glanbia plc, APS BioGroup, ProHealth, Fonterra Cooperative Group Ltd., Farbest Brands, InVitria, Milei GmbH, Ferrin-tech LLC
Drivers • The flood in the interest of cosmeceutical items that give medical advantages.
•The ascent in the mindfulness of personal care.
Market Restraints • The high dosages of lactoferrin can cause rashes.
•Opposite after effects.


Frequently Asked Questions (FAQ) :

Ans: The Infant Formula segment is projected to make a foothold in the worldwide Lactoferrin Market.

Ans: Function and Application segments are covered in the Lactoferrin Market.

Ans: The high dosages of lactoferrin can cause rashes and Expanded drives by the public authority to advance breastfeeding are the restraining factors and challenges faced by the Condensed Milk market.

Ans: Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.

Ans: The Global Lactoferrin Market Size was esteemed at USD 213.2 million out of 2021


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 Covid 19 Impact Analysis

4.2 Impact of the Ukraine and Russia war

 

5. Value chain analysis

 

6. Porter’s 5 forces model

 

7. PEST analysis

 

8. Global Lactoferrin Market segmentation, Function Outlook

8.1 Iron Absorption

8.2 Anti-inflammatory

8.3 Intestinal Flora Protection

8.4 Antibacterial

8.5 Immune Cell Stimulation

8.6 Antioxidant

 

9. Global Lactoferrin Market segmentation, Application Outlook

9.1 Food & Beverages

9.2 Infant Formula

9.3 Sports & Functional Foods

9.4Pharmaceuticals

9.5 Personal Care Products

9.6 Animal Feed

 

10. Global Lactoferrin Market, by region/ country

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

 

11. Company profiles

11.1 Hilmar Cheese Company

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 Swot Analysis

11.1.4 The SNS View

11.2 Pharming Group NV

11.3 FrieslandCamina

11.4 Synlait Milk Ltd.

11.5 Ingredia SA

11.6 MP Biomedicals

11.7 Tatura Milk Industries Ltd.

11.8 Glanbia plc

11.9 APS BioGroup

11.10 ProHealth

11.11 Fonterra Cooperative Group Ltd.

11.12 Farbest Brands

11.13 InVitria

11.14 Milei GmbH

11.15 Ferrin-tech LLC

 

12. Competitive Landscape

12.1 Competitive Bench Marking

12.2 Market Share Analysis

12.3 Recent Developments

 

13. Conclusion

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Secondary Research

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