Lactoferrins Market Size, Share, Demand And Growth: Complete Forecast Till 2028

Lactoferrins Market, by Function (Iron Absorption, Intestinal Flora Protection), Application (Personal Care Products, Infant Formula) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

The global Lactoferrins market size is projected to reach USD 290 million by 2026 at a CAGR of 8.4% from USD 222 million in 2021 during the forecast period 2021-2028.

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Lactoferrin is a milk-based protein found in the milk of both human and cow. The colostrum which is the first produced by the mother after delivery contains higher amounts of lactoferrin as compared to the following milk production. It is believed to be an immunity booster.

Increased use in the field of dermatology and acne treatment is the factors that have supported long-term expansion for Lactoferrins Market.

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. The demand for lactoferrin has increased during the pandemic due its immunity booster properties.

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Regional Analysis

Asia Pacific is expected to be the largest market during the forecast period. The increase literacy and awareness amongst the people along with the expanding population and raised spending capacity of people has led to the expansion of market in the region.

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Key Players

• Hilmar Cheese Company
• Pharming Group NV
• FrieslandCampina
• 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

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Recent Developments

In March 2019, Hong Kong Jin Gang Trade Holding Limited announced the complete acquisition of of Westland Co-operative Dairy Company Limited in order to strengthen its market position in New Zealand.

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• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Table of Contents

Lactoferrins Market is segmented into function, application and geography.?

On the basis of Function

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

On the basis of Application

• Food & Beverages
• Infant Formula
• Sports & Functional Foods
• Pharmaceuticals
• Personal Care Products
• Animal Feed

On the basis of Region

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

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