Strong Applicability of Lactoferrin Across Various End-Uses to Drive the Global Lactoferrin Market

The global lactoferrin market is anticipated to grow at a CAGR of 6.8% over the forecast period (2020-2026). The key factors that drive the growth of the market include the incorporation of lactoferrin in a wide range of end-uses such as infant formula, sports & functional food, pharmaceuticals, personal care products, and others. 

Lactoferrin works by stimulating the immune system and restricts the damaging of the cell by aging. It aids in enhancing the working of the beneficial bacterial present in the intestinal tract, regulates bacteria, fungi, and viruses along with being regulating the iron levels and metabolism. It is also consumed for the treatment of hepatitis C infection along with several other disorders. Hence, the strong applicability of lactoferrin in various end-uses and industries are likely to enhance the demand for lactoferrin over the forecast period.

Browse the full report description of "Global Lactoferrin Market Size, Share & Trends Analysis Report by Function (Antioxidant, Anti-Inflammatory, Antibacterial, Iron Absorption, Intestine Flora Protection, and Immune Cell Stimulation), and by End-Use (Infant Formula, Food Products, Pharmaceuticals, Personal Care Products, and Others), and Forecast 2020-2026" at https://www.omrglobal.com/industry-reports/lactoferrin-market

Besides, a gradual rise in the cases of skin-related disorders also creates a wide scope for the growth of the lactoferrin market over the forecast period, as it has been considered an effective treatment for skin-related diseases even acne. Furthermore, for the manufacturing of infant formula, sports & functional food, and cosmetics, lactoferrin is highly used owing to its properties. Hence, this further supports the growth of the lactoferrin market. However, some of the factors that might hinder the growth include the high cost associated with the product, various side effects of lactoferrin if consumed in excess, and lack of awareness among the under-developing economies. 

Market Coverage

• Market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Function and By End-Use
• Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
• Competitive Landscape- BioQuad Lifesciences, Ferrin-Tech LLC, Fonterra Cooperative Group Ltd., Ingredia SA, Milligans Food Group, Metagenics Inc., and Synlait Milk Ltd. 

Key questions addressed by the report

• What is the market growth rate?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Lactoferrin Market – Segmentation

By Function

• Antioxidant
• Anti-Inflammatory
• Antibacterial
• Iron Absorption
• Intestine Flora Protection
• Immune Cell Stimulation

By End-Use

• Infant Formula
• Food Products
• Pharmaceuticals
• Personal Care Products
• Others

Global Lactoferrin Market – Segmentation by Region 

North America           

• US
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific    

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa 
• Latin America 

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