Lactoferrin Market Insights, Analysis Report On Basis of Application, Service, Location & Scope, 2025

Felton, Calif., USA, May. 25, 2021 — /EPR Network/ —

The global Lactoferrin Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview:

The global lactoferrin market is anticipated to cross USD 167.9 Million by 2025 and is also expected to register a healthy CAGR during the forecast period. Lactoferrin is an iron binding found in milk. It comprises a single-chain polypeptide with dual globular lobes, particularly resilient to proteolysis. Lactoferrin is a growth factor acting as a bactericidal agent apart from being an iron-binding protein.

Key Players:

• Metagenics
• Pharming Group N.V.
• Vitalus Nutrition Inc.
• Westland Co-Operative Dairy Co. Ltd.
• Synlait Milk Ltd.
• Ingredia SA
• MP Biomedicals
• Tatura Milk Industries Ltd.
• Glanbia Nutritionals
• APS BioGroup
• ProHealth

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Growth Drivers:

Lactoferrin market is driven by factors such as increasing incidences of skin disorders, technological enhancements, and constant R&D. Lactoferrin is used as a medical application in cases of health disorders with an extensive support by the government for research and development. In addition, the market growth is supported with rise in geriatric population needing medical care & attention and several enhancements in medical science. However, cheap substitutes in the form of generics are likely to affect the market growth in the forecast period.

Function Outlook:

• Iron absorption
• Anti-inflammatory
• Intestinal flora protection
• Antibacterial
• Immune cell stimulation
• Antioxidant

Application Outlook:

• Food & beverages
• Infant formula
• Sports & functional food
• Animal feed
• Pharmaceuticals
• Personal care products

Regional Outlook:

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

Asia-Pacific regions dominate the market growth in the forecast period owing to increase in birth rate in these regions. Apart, lactoferrin finds extensive use in treatment of heart diseases and other skin related problems.

North American and European markets are likely to gain a significant growth owing to preferred and relevant use by sportspeople and fitness enthusiasts. Apart, rise in health disorders, increase in consumer awareness and technological advances are likely to trigger the market growth in the forecast period.

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