Global Lactoferrin Market Size, Trends, By Source (Bovine, Human, and Others), By Form (Powder, Capsules), By Function (Iron Absorption, Anti-Inflammation, Immune Cell Stimulation, and Others), By Application (Pharmaceutical, Food & Beverages, Infant Formula, Sports Nutrition, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030.
Global Lactoferrin Market
The Global Lactoferrin Market was valued at US$ 225.42 Mn in 2022, estimated to reach US$ 422.36 Mn by 2030, with a CAGR of 8.13% from 2023-2030.
Lactoferrin is a glycoprotein that belongs to the transferrin family and is present in milk and other biological fluids. It is known for its ability to bind to and transport iron, as well as for its antibacterial, antiviral, antifungal, anti-inflammatory, and immunomodulatory properties. Lactoferrin is found in high concentrations in breast milk and is believed to play a role in the development of a baby's immune system. It is also found in other fluids such as tears, saliva, and mucus. Lactoferrin has been used in the food and beverage industry as a dietary supplement and functional ingredient due to its potential health benefits.
Market Drivers
The demand for the lactoferrin market has been increasing globally due to its numerous health benefits. The growing awareness about lactoferrin's potential applications in the pharmaceutical and nutraceutical industries, such as in the treatment of acne, is driving the market's growth. Lactoferrin is known for its immune-boosting properties, making it an attractive ingredient for functional food and dietary supplement manufacturers.
Additionally, lactoferrin's ability to aid in the absorption of iron and its antimicrobial properties are driving its demand in the food and beverage industry. The increasing demand for infant formula and the growing trend of health and wellness products are also driving the growth of the lactoferrin market. With ongoing research and development, the potential applications of lactoferrin in various industries are expected to drive the market's growth in the coming years.
Market Restraints
The global lactoferrin market may face challenges concerning the high cost associated with lactoferrin production, which could limit its adoption in various industries. Additionally, the lack of awareness and limited availability of lactoferrin products in certain regions could also hinder market growth. Furthermore, the emergence of alternative products that offer similar health benefits could also pose a threat to the demand for lactoferrin.
Market Segmentation
The scope of the global lactoferrin market covers segmentation based on source, form, function, application, and region.
Based on the source, the lactoferrin market is segmented into bovine, human, and others. Based on the form, the market is segmented into powder and capsules.
Further, the market is segmented into functions, such as iron absorption, anti-inflammation, immune cell stimulation, and others. The market is also segmented into applications, such as pharmaceuticals, food & beverages, infant formula, sports nutrition, and others.
Regional Analysis
The global lactoferrin market is segmented into 5 main regions, namely, North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The Asia-Pacific region holds a dominant share in the lactoferrin market, primarily due to the growing population, increasing disposable income, and rising awareness about lactoferrin's health benefits. Additionally, the increasing use of lactoferrin in infant formulas and the pharmaceutical industry is also expected to boost its demand in the region.
North America also holds a significant share of the global lactoferrin market. This can be attributed to the growing health awareness among consumers, increasing demand for dietary supplements and functional foods, and a strong presence of major lactoferrin manufacturers in the region.
Key Players
Fonterra Co-operative Group Limited, Synlait Milk Ltd, Milei GmbH, Ingredia SA, Glanbia Nutritionals, Tatura Milk Industries Ltd, ProHealth, FrieslandCampina, Ferrin-Tech LLC, Farbest Brands, Metagenics Inc, InVitria, etc.
Market Taxonomy
By Source
• Bovine
• Human
• Others
By Form
• Powder
• Capsules
By Function
• Iron Absorption
• Anti-Inflammation
• Immune Cell Stimulation
• Others
By Application
• Pharmaceutical
• Food & Beverages
• Infant Formula
• Sports Nutrition
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Key Questions Addressed by the Report
• What are the key opportunities in the Global Lactoferrin Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the market?
• What is the competitive landscape in the industry?
• What is the role of key players in the value chain?
Global Lactoferrin Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Lactoferrin Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to Recent Energy Crisis
4.2.5 Cumulative Impact due to Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Lactoferrin Market, By Source
5.1 Y-o-Y Growth Comparison, By Source
5.2 Global Lactoferrin Market Share Analysis, By Source
5.3 Global Lactoferrin Market Size and Forecast, By Source
5.3.1 Bovine
5.3.2 Human
5.3.3 Others
6 Global Lactoferrin Market, By Form
6.1 Y-o-Y Growth Comparison, By Form
6.2 Global Lactoferrin Market Share Analysis, By Form
6.3 Global Lactoferrin Market Size and Forecast, By Form
6.3.1 Powder
6.3.2 Capsules
7 Global Lactoferrin Market, By Function
7.1 Y-o-Y Growth Comparison, By Function
7.2 Global Lactoferrin Market Share Analysis, By Function
7.3 Global Lactoferrin Market Size and Forecast, By Function
7.3.1 Iron Absorption
7.3.2 Anti-Inflammation
7.3.3 Immune Cell Stimulation
7.3.4 Others
8 Global Lactoferrin Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Lactoferrin Market Share Analysis, By Application
8.3 Global Lactoferrin Market Size and Forecast, By Application
8.3.1 Pharmaceutical
8.3.2 Food & Beverages
8.3.3 Infant Formula
8.3.4 Sports Nutrition
8.3.5 Others
9 Global Lactoferrin Market, By Region
9.1 Global Lactoferrin Market Share Analysis, By Region
9.2 Global Lactoferrin Market Size and Forecast, By Region
9.3 Global Lactoferrin Market Trends and Forecast, By Region
10 North America Lactoferrin Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Lactoferrin Market Share Analysis, By Source
10.3 North America Lactoferrin Market Size and Forecast, By Form
10.4 North America Lactoferrin Market Size and Forecast, By Function
10.5 North America Lactoferrin Market Size and Forecast, By Application
10.6 North America Lactoferrin Market Size and Forecast, By Country
10.6.1 U.S.
10.6.1.1 Market Size and Forecast, By Source
10.6.1.2 Market Size and Forecast, By Form
10.6.1.3 Market Size and Forecast, By Function
10.6.1.4 Market Size and Forecast, By Application
10.6.2 Canada
10.6.2.1 Market Size and Forecast, By Source
10.6.2.2 Market Size and Forecast, By Form
10.6.2.3 Market Size and Forecast, By Function
10.6.2.4 Market Size and Forecast, By Application
10.6.3 Mexico
10.6.3.1 Market Size and Forecast, By Source
10.6.3.2 Market Size and Forecast, By Form
10.6.3.3 Market Size and Forecast, By Function
10.6.3.4 Market Size and Forecast, By Application
11 Europe Lactoferrin Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Lactoferrin Market Share Analysis, By Source
11.3 Europe Lactoferrin Market Size and Forecast, By Form
11.4 Europe Lactoferrin Market Size and Forecast, By Function
11.5 Europe Lactoferrin Market Size and Forecast, By Application
11.6 Europe Lactoferrin Market Size and Forecast, By Country
11.6.1 Germany
11.6.1.1 Market Size and Forecast, By Source
11.6.1.2 Market Size and Forecast, By Form
11.6.1.3 Market Size and Forecast, By Function
11.6.1.4 Market Size and Forecast, By Application
11.6.2 France
11.6.2.1 Market Size and Forecast, By Source
11.6.2.2 Market Size and Forecast, By Form
11.6.2.3 Market Size and Forecast, By Function
11.6.2.4 Market Size and Forecast, By Application
11.6.3 UK
11.6.3.1 Market Size and Forecast, By Source
11.6.3.2 Market Size and Forecast, By Form
11.6.3.3 Market Size and Forecast, By Function
11.6.3.4 Market Size and Forecast, By Application
11.6.4 Russia
11.6.4.1 Market Size and Forecast, By Source
11.6.4.2 Market Size and Forecast, By Form
11.6.4.3 Market Size and Forecast, By Function
11.6.4.4 Market Size and Forecast, By Application
11.6.5 Italy
11.6.5.1 Market Size and Forecast, By Source
11.6.5.2 Market Size and Forecast, By Form
11.6.5.3 Market Size and Forecast, By Function
11.6.5.4 Market Size and Forecast, By Application
11.6.6 Spain
11.6.6.1 Market Size and Forecast, By Source
11.6.6.2 Market Size and Forecast, By Form
11.6.6.3 Market Size and Forecast, By Function
11.6.6.4 Market Size and Forecast, By Application
11.6.7 Rest of Europe
11.6.7.1 Market Size and Forecast, By Source
11.6.7.2 Market Size and Forecast, By Form
11.6.7.3 Market Size and Forecast, By Function
11.6.7.4 Market Size and Forecast, By Application
12 Asia Pacific Lactoferrin Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Lactoferrin Market Share Analysis, By Source
12.3 Asia Pacific Lactoferrin Market Size and Forecast, By Form
12.4 Asia Pacific Lactoferrin Market Size and Forecast, By Function
12.5 Asia Pacific Lactoferrin Market Size and Forecast, By Application
12.6 Asia Pacific Lactoferrin Market Size and Forecast, By Country
12.6.1 China
12.6.1.1 Market Size and Forecast, By Source
12.6.1.2 Market Size and Forecast, By Form
12.6.1.3 Market Size and Forecast, By Function
12.6.1.4 Market Size and Forecast, By Application
12.6.2 Japan
12.6.2.1 Market Size and Forecast, By Source
12.6.2.2 Market Size and Forecast, By Form
12.6.2.3 Market Size and Forecast, By Function
12.6.2.4 Market Size and Forecast, By Application
12.6.3 India
12.6.3.1 Market Size and Forecast, By Source
12.6.3.2 Market Size and Forecast, By Form
12.6.3.3 Market Size and Forecast, By Function
12.6.3.4 Market Size and Forecast, By Application
12.6.4 South Korea
12.6.4.1 Market Size and Forecast, By Source
12.6.4.2 Market Size and Forecast, By Form
12.6.4.3 Market Size and Forecast, By Function
12.6.4.4 Market Size and Forecast, By Application
12.6.5 Australia
12.6.5.1 Market Size and Forecast, By Source
12.6.5.2 Market Size and Forecast, By Form
12.6.5.3 Market Size and Forecast, By Function
12.6.5.4 Market Size and Forecast, By Application
12.6.6 New Zealand
12.6.6.1 Market Size and Forecast, By Source
12.6.6.2 Market Size and Forecast, By Form
12.6.6.3 Market Size and Forecast, By Function
12.6.6.4 Market Size and Forecast, By Application
12.6.7 Singapore
12.6.7.1 Market Size and Forecast, By Source
12.6.7.2 Market Size and Forecast, By Form
12.6.7.3 Market Size and Forecast, By Function
12.6.7.4 Market Size and Forecast, By Application
12.6.8 Malaysia
12.6.8.1 Market Size and Forecast, By Source
12.6.8.2 Market Size and Forecast, By Form
12.6.8.3 Market Size and Forecast, By Function
12.6.8.4 Market Size and Forecast, By Application
12.6.9 Rest of Asia
12.6.9.1 Market Size and Forecast, By Source
12.6.9.2 Market Size and Forecast, By Form
12.6.9.3 Market Size and Forecast, By Function
12.6.9.4 Market Size and Forecast, By Application
13 Latin America Lactoferrin Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Lactoferrin Market Share Analysis, By Source
13.3 Latin America Lactoferrin Market Size and Forecast, By Form
13.4 Latin America Lactoferrin Market Size and Forecast, By Function
13.5 Latin America Lactoferrin Market Size and Forecast, By Application
13.6 Latin America Lactoferrin Market Size and Forecast, By Country
13.6.1 Brazil
13.6.1.1 Market Size and Forecast, By Source
13.6.1.2 Market Size and Forecast, By Form
13.6.1.3 Market Size and Forecast, By Function
13.6.1.4 Market Size and Forecast, By Application
13.6.2 Argentina
13.6.2.1 Market Size and Forecast, By Source
13.6.2.2 Market Size and Forecast, By Form
13.6.2.3 Market Size and Forecast, By Function
13.6.2.4 Market Size and Forecast, By Application
13.6.3 Colombia
13.6.3.1 Market Size and Forecast, By Source
13.6.3.2 Market Size and Forecast, By Form
13.6.3.3 Market Size and Forecast, By Function
13.6.3.4 Market Size and Forecast, By Application
13.6.4 Peru
13.6.4.1 Market Size and Forecast, By Source
13.6.4.2 Market Size and Forecast, By Form
13.6.4.3 Market Size and Forecast, By Function
13.6.4.4 Market Size and Forecast, By Application
13.6.5 Chile
13.6.5.1 Market Size and Forecast, By Source
13.6.5.2 Market Size and Forecast, By Form
13.6.5.3 Market Size and Forecast, By Function
13.6.5.4 Market Size and Forecast, By Application
13.6.6 Venezuela
13.6.6.1 Market Size and Forecast, By Source
13.6.6.2 Market Size and Forecast, By Form
13.6.6.3 Market Size and Forecast, By Function
13.6.6.4 Market Size and Forecast, By Application
13.6.7 Rest of Latin America
13.6.7.1 Market Size and Forecast, By Source
13.6.7.2 Market Size and Forecast, By Form
13.6.7.3 Market Size and Forecast, By Function
13.6.7.4 Market Size and Forecast, By Application
14 Middle East Lactoferrin Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Lactoferrin Market Share Analysis, By Source
14.3 Middle East Lactoferrin Market Size and Forecast, By Form
14.4 Middle East Lactoferrin Market Size and Forecast, By Function
14.5 Middle East Lactoferrin Market Size and Forecast, By Application
14.6 Middle East Lactoferrin Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.1.1 Market Size and Forecast, By Source
14.6.1.2 Market Size and Forecast, By Form
14.6.1.3 Market Size and Forecast, By Function
14.6.1.4 Market Size and Forecast, By Application
14.6.2 UAE
14.6.2.1 Market Size and Forecast, By Source
14.6.2.2 Market Size and Forecast, By Form
14.6.2.3 Market Size and Forecast, By Function
14.6.2.4 Market Size and Forecast, By Application
14.6.3 Egypt
14.6.3.1 Market Size and Forecast, By Source
14.6.3.2 Market Size and Forecast, By Form
14.6.3.3 Market Size and Forecast, By Function
14.6.3.4 Market Size and Forecast, By Application
14.6.4 Kuwait
14.6.4.1 Market Size and Forecast, By Source
14.6.4.2 Market Size and Forecast, By Form
14.6.4.3 Market Size and Forecast, By Function
14.6.4.4 Market Size and Forecast, By Application
14.6.5 South Africa
14.6.5.1 Market Size and Forecast, By Source
14.6.5.2 Market Size and Forecast, By Form
14.6.5.3 Market Size and Forecast, By Function
14.6.5.4 Market Size and Forecast, By Application
14.6.6 Rest of Middle East & Africa
14.6.6.1 Market Size and Forecast, By Source
14.6.6.2 Market Size and Forecast, By Form
14.6.6.3 Market Size and Forecast, By Function
14.6.6.4 Market Size and Forecast, By Application
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Fonterra Co-operative Group Limited
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Synlait Milk Ltd
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Milei GmbH
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Ingredia SA
16.4.1 Overview
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Glanbia Nutritionals
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Tatura Milk Industries Ltd
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 ProHealth
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 FrieslandCampina
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Ferrin-Tech LLC
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Farbest Brands
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
16.11 Metagenics Inc
16.11.1 Overview
16.11.2 Offerings
16.11.3 Key Financials
16.11.4 Business Segment & Geographic Overview
16.11.5 Key Market Developments
16.11.6 Key Strategies
16.12 InVitria
16.12.1 Overview
16.12.2 Offerings
16.12.3 Key Financials
16.12.4 Business Segment & Geographic Overview
16.12.5 Key Market Developments
16.12.6 Key Strategies
