Bovine Lactoferrin Market: Trends and Insights, 2032
Bovine Lactoferrin Market

Bovine Lactoferrin Market: Trends and Insights, 2032

Bovine Lactoferrin size was USD 554.4 million in 2021 and projected to grow from USD 700.6 million in 2023 to USD 2042.8 million by 2032, exhibiting a CAGR of 12.6% during the forecast period.

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Bovine lactoferrin, a protein found in both human and cow milk, plays multiple roles in the body. It is present in various bodily fluids such as those of the eyes, respiratory tract, nose, and intestines. Lactoferrin functions by slowing down bacterial growth, providing them with nutrients, and disrupting their cell walls. Additionally, it aids in the absorption of iron from the intestine into the body. In breast milk, lactoferrin is known to bolster infants' immune systems, protecting them against infections. Key industry players are actively focusing on developing new, cost-effective products featuring bovine lactoferrin to enhance immunity, thereby driving market growth.


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  • FrieslandCampina DOMO
  • Bega Cheese Ltd.
  • MILEI GmbH
  • Beston Global Food Company Ltd
  • Glanbia Plc.
  • Synlait Ltd.
  • SAVENCIA SA
  • Noumi Limited
  • FREEDOM FOODS GROUP LIMITED
  • Saputo Dairy Australia Pty Ltd.
  • Ingredia

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The Bovine Lactoferrin Market is segmented by type into Freeze Dried & Milled and Spray Dried Powder. In 2021, the Freeze Dried & Milled segment held the majority market share due to its antioxidant properties, ability to enhance product quality, and high capacity to bind with iron. However, the Spray Dried Powder segment is expected to dominate the market during the forecast period. This growth is attributed to its suitability for large-scale applications and various advantages such as scalability and flexibility, which are anticipated to drive segmental growth.

Regarding applications, the Bovine Lactoferrin Market is categorized into Dietary Supplements, Infant Formula, Pharmaceuticals, Food, and Others. The Infant Formula segment led the market in 2021, supported by the numerous clinical benefits these products offer, including enhanced immunity and digestion in infants. Looking ahead, the Dietary Supplements segment is projected to lead the market. This shift is driven by increasing consumer awareness of healthy living through adopting nutritious dietary habits, which is expected to fuel market expansion.


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  • In June 2021, Beston Global Food Company Ltd. announced the expansion of their Jervois dairy factory in Australia.
  • In November 2020, Bega Cheese Limited announced their agreement to acquire Lion Dairy & Drinks through a sale and purchase agreement.


#BovineLactoferrin #HealthSupplements #InfantNutrition #DietaryHealth #Pharmaceuticals #FoodIngredients #NutritionalSupplements #ImmuneHealth #IronAbsorption



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