Global Lactoferrin Market, Size, Share, Analysis Report & Forecast to 2026


Posted September 8, 2021 by saifiyan1212

The global lactoferrin market is anticipated to grow at a CAGR of 6.8% over the forecast period (2020-2026).

 
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.

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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.

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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.

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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Last Updated September 8, 2021