Lactoferrin Market

Lactoferrin - Global Market Outlook (2018-2027)

4.8 (22 reviews)
Published: November 2019 ID: SMRC18657
4.8 (22 reviews)
Published: November 2019 ID: SMRC18657

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Lactoferrin Market is accounted for $178.31 million in 2018 and is expected to reach $448.78 million by 2027 growing at a CAGR of 10.8% during the forecast period. Rising geriatric population and several enhancements in medical science are the major factors driving the market growth. However, a cheap substitute in the form of generics is restraining market growth.

Lactoferrin is a multifunctional protein of the transferrin family. Lactoferrin is a globular glycoprotein with a molecular mass of about 80 kDa that is widely represented in various secretory fluids, such as milk, saliva, tears, and nasal secretions. Lactoferrin is also present in secondary granules of PMNs and is secreted by some acinar cells. Lactoferrin can be purified from milk or produced recombinantly.

Based on the application, the sports & functional foods segment is likely to have a huge demand due to increasing participation and the awareness given for sports in addition, to the ageing population of the developed countries. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to growing awareness with a rising concern of maintaining their child health and increasing number of nuclear families in the region.

Some of the key players profiled in the Lactoferrin Market include Tatua Co-Operative Dairy Company Ltd, Synlait Milk Ltd, Royal FrieslandCampina, Merck KGaA, Ingredia SA, Glanbia PLC, Freedom Foods Group Ltd, Fonterra Co-operative Group Limited, Farbest Brands, and Bega Cheese Limited.

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

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

Sources Covered:
• Mammal Milk 
• Human Milk 

Forms Covered:
• Iron-Free Apolactoferrin  
• Iron-Rich Hololactoferrin    

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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o Comprehensive profiling of additional market players (up to 3)
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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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