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DUBLIN, Nov. 25, 2021 /PRNewswire/ -- The 'Global Lactoferrin Market Size, Share & Trends Analysis Report by Function (Iron Absorption, Intestinal Flora Protection), by Application (Personal Care Products, Infant Formula), by Region (APAC, Europe), and Segment Forecasts, 2021-2028' report has been added to ResearchAndMarkets.com's offering.
The global lactoferrin market size is projected to reach USD 411.8 million by 2028, registering a revenue-based CAGR of 8.2% over the forecast period.
Increasing incorporation of lactoferrin in various products ranges including infant food, food supplements, dietetic foods, alcoholic beverages, sports nutrition, and personal care and cosmetics should bolster lactoferrin market in the forecast timeframe, ascribed to strong health benefits.Lactoferrin offers stimulating effects on immune system, prevents cell damage caused by aging, promotes culture of beneficial bacterial in the intestinal tract, and regulates viruses, bacteria and fungi along with being regulator to iron metabolism. Lactoferrin is found effective for the treatment of hepatitis C infection by inhibiting replication of the virus at intracellular level. Hence, strong applicability of lactoferrin in nutraceutical, pharmaceutical, and personal care industries is anticipated to drive demand during the forecast period.Human colostrum has the highest lactoferrin concentration, followed by human milk and then by bovine milk. It is also readily found in human body secretions including nose, eyes, intestine, and respiratory tract. Lactoferrin can be used as a conjuncture of specific strains of friendly bacteria, together they are proven to boost immune function of the body, alert the white blood cells of the harmful microbes, and stabilize colonies of gut-friendly bacteria. Commercially, lactoferrin is commonly integrated with probiotics to achieve this.Asia Pacific is expected to expand at a CAGR of over 7.5% during the forecast period. The lactoferrin market is projected to witness strong rise in demand, as the key market players continue adopting strategies to expand their presence in untapped economies of South East Asia. Countries including China, Japan, and Australia have experienced high awareness regarding the health benefits of lactoferrin, which is expected to bolster regional growth over the forecast period. Lactoferrin Market Report Highlights
- In terms of functions offered by lactoferrin, iron absorption segment accounted for the largest market share of over 29.0% in terms of revenue in 2019. This growth is expected to be supported by the growing incidences of iron deficiency and related disorders like anemia
- Lactoferrin helps in restricting growth of acne due to its antioxidant properties. It helps combat free radicals formed due to natural process of oxidation. These free radicals can damage the cells and tissues promoting inflammation and acne. Such factors are expected to drive the product demand in personal care and cosmetics
- Increasing investment in research, new product development, expansion of operation in developing nations, partnerships and collaboration with local players, and acquisition of small and medium-sized players are among the major operational strategies taken up by key participants to strengthen and sustain their market positions
Key Topics Covered: Chapter 1. Methodology and Scope Chapter 2. Executive Summary 2.1. Market Outlook2.2. Segmental Outlook2.3. Competitive Insights Chapter 3. Lactoferrin Market Variables, Trends, & Scope 3.1. Market Lineage Outlook3.2. Lactoferrin Market Size & Growth Prospects, 2017 - 20283.3. Industry Value Chain Analysis3.3.1. Major Raw Material Trends3.3.2. Manufacturing Trends/Technology Trends3.3.3. List of Key End-Users, by Region3.4. Sales Channel Trends3.5. Regulatory Framework3.6. Lactoferrin Market - Market dynamics3.6.1. Market driver Analysis3.6.2. Market Restraint Analysis3.6.3. Industry Challenges3.7. Business Environment Analysis: Lactoferrin Market3.7.1. Industry Analysis - Porter's184.108.40.206. Supplier Power220.127.116.11. Buyer Power18.104.22.168. Substitution Threat22.214.171.124. Threat from New Entrant126.96.36.199. Competitive Rivalry3.7.2. PESTEL Analysis188.8.131.52. Political Landscape184.108.40.206. Environmental Landscape220.127.116.11. Social Landscape18.104.22.168. Technology Landscape22.214.171.124. Economic Landscape126.96.36.199. Legal Landscape3.7.3. Major Deals & Strategic Alliances Analysis188.8.131.52. Joint Ventures184.108.40.206. Mergers & Acquisitions Chapter 4. Lactoferrin Market: Function Estimates & Trend Analysis 4.1. Lactoferrin Market: Function movement analysis, 2020 & 20284.2. Iron Absorption4.2.1. Market estimates and forecasts, 2017 - 2028 (Tons) (USD Thousand)4.3. Anti-Inflammatory4.3.1. Market estimates and forecasts, 2017 - 2028 (Tons) (USD Thousand)4.4. Intestine Flora Protection4.4.1. Market estimates and forecasts, 2017 - 2028 (Tons) (USD Thousand)4.5. Antibacterial4.5.1. Market estimates and forecasts, 2017 - 2028 (Tons) (USD Thousand)4.6. Immune Cell Stimulation4.6.1. Market estimates and forecasts, 2017 - 2028 (Tons) (USD Thousand)4.7. Antioxidant4.7.1. Market estimates and forecasts, 2017 - 2028 (Tons) (USD Thousand) Chapter 5. Lactoferrin Market: Application Estimates & Trend Analysis 5.1. Lactoferrin Market: Application movement analysis, 2020 & 20285.2. Food & Beverages5.2.1. Market estimates and forecasts, 2017 - 2028 (Tons) (USD Thousand)5.3. Infant Formula5.3.1. Market estimates and forecasts, 2017 - 2028 (Tons) (USD Thousand)5.4. Sports & Functional Foods5.4.1. Market estimates and forecasts, 2017 - 2028 (Tons) (USD Thousand)5.5. Animal Feed5.5.1. Market estimates and forecasts, 2017 - 2028 (Tons) (USD Thousand)5.6. Pharmaceuticals5.6.1. Market estimates and forecasts, 2017 - 2028 (Tons) (USD Thousand)5.7. Personal Care Products5.7.1. Market estimates and forecasts, 2017 - 2028 (Tons) (USD Thousand) Chapter 6. Lactoferrin Market: Regional Estimates & Trend Analysis Chapter 7. Lactoferrin Market: Competitive Analysis 7.1. Key Global Players, Their Initiatives, & Their Impact on the Market7.2. Key Company/Competition Categorization(Key Innovators, Market Leaders, Emerging Players)7.3. Vendor Landscape7.3.1. List of key distributors & channel partners7.3.2. Key customers7.3.3. Company ranking, 20207.4. Public Companies7.4.1. Company market position analysis7.4.2. Company ranking, 20207.4.3. SWOT analysis7.5. Private Companies7.5.1. List of key emerging companies/technology disruptors/innovators7.5.2. Geographical presence7.5.3. Company market position analysis Chapter 8. Company Profiles 8.1. Hilmar Cheese Company8.1.1. Company Overview8.1.2. Financial Performance8.1.3. Product Benchmarking8.1.4. Strategic Initiatives8.2. Pharming Group NV8.2.1. Company Overview8.2.2. Financial Performance8.2.3. Product Benchmarking8.2.4. Strategic Initiatives8.3. FrieslandCampina8.3.1. Company Overview8.3.2. Financial Performance8.3.3. Product Benchmarking8.3.4. Strategic Initiatives8.4. Synlait Milk Ltd8.4.1. Company Overview8.4.2. Financial Performance8.4.3. Product Benchmarking8.4.4. Strategic Initiatives8.5. Ingredia SA8.5.1. Company Overview8.5.2. Financial Performance8.5.3. Product Benchmarking8.5.4. Strategic Initiatives8.6. MP Biomedicals8.6.1. Company Overview8.6.2. Financial Performance8.6.3. Product Benchmarking8.6.4. Strategic Initiatives8.7. Tatura Milk Industries Ltd8.7.1. Company Overview8.7.2. Financial Performance8.7.3. Product Benchmarking8.7.4. Strategic Initiatives8.8. Glanbia PLC8.8.1. Company Overview8.8.2. Financial Performance8.8.3. Product Benchmarking8.8.4. Strategic Initiatives8.9. APS BioGroup8.9.1. Company Overview8.9.2. Financial Performance8.9.3. Product Benchmarking8.9.4. Strategic Initiatives8.10. ProHealth8.10.1. Company Overview8.10.2. Financial Performance8.10.3. Product Benchmarking8.10.4. Strategic Initiatives8.11. Fonterra Cooperative Group Ltd.8.11.1. Company Overview8.11.2. Financial Performance8.11.3. Product Benchmarking8.11.4. Strategic Initiatives8.12. Farbest Brands8.12.1. Company Overview8.12.2. Financial Performance8.12.3. Product Benchmarking8.12.4. Strategic Initiatives8.13. InVitria8.13.1. Company Overview8.13.2. Financial Performance8.13.3. Product Benchmarking8.13.4. Strategic Initiatives8.14. Milei GmbH8.14.1. Company Overview8.14.2. Financial Performance8.14.3. Product Benchmarking8.14.4. Strategic Initiatives8.15. Ferrin-Tech LLC8.15.1. Company Overview8.15.2. Financial Performance8.15.3. Product Benchmarking8.15.4. Strategic Initiatives
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