Dublin, Aug. 25, 2022 (GLOBE NEWSWIRE) -- The "Lactoferrin Market - Market Size & Forecasting to 2030" report has been added to ResearchAndMarkets.com's offering.
This research report categorizes the market for Lactoferrin based on various segments and region and forecasts revenue growth and analysis of trends in each of the submarkets.
The report analyses the key growth drivers, opportunities and challenges which influence the Lactoferrin market. Recent market developments and competitive strategies such as expansion, Function launch and development, partnership, merger and acquisition have been included in order to draw the competitive landscape in the Lactoferrin market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub segments of the Lactoferrin market
Based on Application, Infant Formula accounted for the largest market share in 2021. Infant formula accounted for the largest market share in the global lactoferrin market due to the the rising demand for lactoferrin in infant formula and increasing consumer awareness regarding health benefits of the lactoferrin. As an alternative to antibiotics, lactoferrin works. It functions as a natural antimicrobial for bio preservation, extending shelf life, ensuring safety, and improving health by acting against life-threatening diseases like cancer, hepatitis, respiratory infections, and foodborne diseases in infants, children, and adults, among other products, such as dairy, meat, seafood, beverages, bakery products, acne care, infant formulas, etc.
Based on Form, Capsules accounted for the largest market share in 2021. The availability and popularity amongst consumers boost the demand for lactoferrin capsules in the global market. The benefits and consumer preference for the lactoferrin capsule driving the global market. Supplements containing lactoferrin are widely available for purchase online and are typically sold in capsule form in a wide range of natural food stores, pharmacies, and businesses that specialize in nutritional supplements.
Based on Product, Apolactoferrin accounted for the largest market share in 2021. The benefits and advantages offered by apolactoferrins driving this segment in the global lactoferrin market. Lactoferrin is present in high quality whey protein supplements in amounts of roughly 0.5 percent. Accordingly, a 20 gramme scoop of high whey protein isolate contains around 100 mg of lactoferrin. It is believed that 300 mg of lactoferrin per day is a sufficient and economical dose for the adjunctive therapy of illness. There are dietary supplements that deliver lactoferrin that has been isolated from whey in high amounts. It is crucial to utilize an iron-depleted form of lactoferrin termed ""apolactoferrin"" when taking these supplements.
Based on Source, Rice Flour accounted for the largest market share in 2021. The rice flour accounted for the largest market share in the global lactoferrin market due to the wide availability and rising use of rice flour for the production of lactoferrin. One of the most widely grown crops in developing nations is rice. In addition, lactoferrin's popularity among the numerous sources from which it is produced is increased by the straightforward synthesis and processing of lactoferrin from rice flour for use in nutritional supplements. It is anticipated that rice flour will be the best source for the synthesis of lactoferrin since it eliminates the need for purification before turning it into the necessary final product.
Based on Function, Iron Absorption accounted for the largest market share in 2021. It is anticipated that it will continue to hold the top spot during the forecast period. Over 30% of people worldwide are anemic, which is typically caused by iron deficiency. When compared to other iron sources, lactoferrin has a high level of bioavailability and the capacity to enhance serum ferritin levels by five times, making it an essential treatment for anemia.
Based on Distribution Channel, Supermarket/Hypermarket accounted for the largest market share in 2021. Rising supermarket and hypermarket sales boost the growth of the lactoferrin market during the forecast period. The retail industry, spurred by increased consumer demand, achieved 96 percent of pre-COVID-19 sales in September 2021, according to the Retailers Association of India (RAI). Demand has increased as consumers' purchasing power has grown.
The Lactoferrin market is segmented as North America, Europe, Asia Pacific, Middle East & Africa and South America on the basis region. Asia Pacific accounted for the largest market share in 2021. Rising production capacity expansion by key players in the Asia Pacific region driving the global lactoferrin market.
The market for lactoferrin is rapidly expanding and becoming more valuable, and the number of companies that make this whey protein has increased significantly. This is especially the case in light of the growing weight of evidence suggesting that lactoferrin may have many health benefits.
Studies indicate that in regard to providing antibacterial, antioxidant, and anti-carcinogenic effects, lactoferrin also seems to support the human immune system. Lactoferrin is being used more frequently as an ingredient or additive in a variety of infant formula products, sports and clinical nutrition supplements, yoghurt and other foods, as well as personal care and cosmetic goods due to its nutritional benefits and potential health effects.
For millions of people globally, milk and dairy-based products are a fundamental source of essential nutrition. Milk is a significant source of nutritional energy, high-quality protein, and fat, and can be a significant source of calcium, magnesium, selenium, riboflavin, vitamin B12, and pantothenic acid, according to the United Nations Food and Agriculture Organization (FAO).
Synlait Milk Ltd, Metagenics, Inc, Mp Biomedicals, Westland Cooperative Dairy Co., Ltd., APS Biogroup, Glanbia Plc, Farbest Brands, Milei Gmbh are some of the prominent market players in the global Lactoferrin market. These companies are adopting various growth strategies such as new product launch, expansion, agreement, mergers & acquisitions in the market to retain a competitive market position in the global Lactoferrin market from 2018 to 2022 till date. Among the growth strategies, new product launch capture more than half of the growth strategies followed by expansion.
Key Topics Covered:
1. Market Abstract
2. Market Introduction
3. Research Practice
4. Key Related Data
4.1 Competitve Positioning
4.1.1 Product Positioning
4.1.2 Revenue Positioning
4.2 Major Investments in Last Five Years by Global Players
4.3 Key Industry Trends in Major Countries
4.4 Technological Advancement
4.5 Supply Chain Analysis
4.6 Guidelines / Regulations
4.7 Covid- 19 Impact on Lactoferrin Market
4.8 Customer Analysis
4.9 Average Selling Price
5. Impact Factor Analysis
5.1 Drivers, Restraints, Opportunities, Challenges Analysis
5.1.1 Drivers
5.1.1.1 Rising Demand for Lactoferrin in Nutritional Supplements or Dietary Supplements and Growing Concerns Regarding Child Nutrition
5.1.1.2 the Rising Consumer Awareness Regarding Health and Diet
5.1.2 Restraints
5.1.2.1 High Ingredient Development Cost and Strict Government Regulations
5.1.3 Opportunities
5.1.3.1 Increasing Prevalence of Skin Disorders
5.1.4 Challenges
5.1.4.1 High Cost of Lactoferrin
5.1.4.2 Side Effect of the Lactoferrin
5.2 Porter's Five Force Model
5.2.1 Threat of New Entrants: (Low)
5.2.2 Threat of Substitute: (Moderate)
5.2.3 Bargaining Power of Buyers: (Moderate)
5.2.4 Bargaining Power of Suppliers: (Moderate)
5.2.5 Intensity of Rivalry: (High)
6. Market Development Analysis
6.1 Overview
6.2 New Product Development / Product Launch (2015-2022)
6.3 Expansion (2015-2022)
6.4 Agreements, Partnership & Collaborations (2015-2022)
6.5 Acquisition (2015-2022)
7. Lactoferrin Market, by Application
7.1 Introduction
7.2 Food & Beverage Products
7.3 Infant Formula
7.4 Sports & Functional Foods
7.5 Pharmaceuticals
7.6 Cosmetic & Personal Care Products
7.7 Animal Feed
8. Lactoferrin Market, by Form
8.1 Introduction
8.2 Capsules
8.3 Powder
8.4 Others
9. Lactoferrin Market, by Product
9.1 Introduction
9.2 Apolactoferrins
9.3 Hololactoferrin
10. Lactoferrin Market, by Source
10.1 Introduction
10.2 Rice Flour
10.3 Human Milk
10.4 Animal Milk
10.4.1 Bovine Milk
10.4.2 Porcine Milk
10.4.3 Caprine Milk
10.4.4 Ovine Milk
11. Lactoferrin Market, by Function
11.1 Introduction
11.2 Iron Absorption
11.3 Anti-Inflammatory
11.4 Intestinal Flora Protection
11.5 Antibacterial
11.6 Immune Cell Stimulation
11.7 Antioxidants
12. Lactoferrin Market, by Distribution Channel
12.1 Introduction
12.2 Supermarket/Hypermarket
12.3 Online
12.4 Drugstore
12.5 Nutrition & Health Food Store
13. Lactoferrin Market, Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 U.S.
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 France
13.3.4 Italy
13.3.5 Spain
13.3.6 Russia
13.3.7 Rest of Europe
13.4 Asia-Pacific
13.4.1 China
13.4.2 Japan
13.4.3 India
13.4.4 South Korea
13.4.5 Australia
13.4.6 Rest of Asia-Pacific
13.5 South America
13.5.1 Brazil
13.5.2 Argentina
13.5.3 Rest of South America
13.6 Middle East & Africa
13.6.1 Uae
13.6.2 Saudi Arabia
13.6.3 South Africa
13.6.4 Rest of Middle East
14. Company Profile
14.1 Pharming Group Nv
14.1.1 Company Overview
14.1.2 Pharming Group Nv: Financial Overview
14.1.3 Pharming Group Nv.: Product Overview
14.1.4 Pharming Group Nv: SWOT Analysis
14.1.5 1.1.3 Pharming Group Nv: Key Developments (2015-2022)
14.2 Synlait Milk Ltd
14.2.1 Company Overview
14.2.2 Synlait Milk Ltd: Financial Overview
14.2.3 Synlait Milk Ltd: Product Overview
14.2.4 Synlait Milk Ltd: SWOT Analysis
14.2.5 Synlait Milk Ltd: Key Developments (2015-2022)
14.3 Metagenics, Inc
14.3.1 Company Overview
14.3.2 Metagenics, Inc: Product Overview
14.3.3 Metagenics, Inc: Key Developments (2015-2022)
14.4 Mp Biomedicals
14.4.1 Company Overview
14.4.2 Mp Biomedicals: Product Overview
14.5 Westland Cooperative Dairy Co. Ltd.
14.5.1 Company Overview
14.5.2 Westland Cooperative Dairy Co. Ltd.: Product Overview
14.5.3 Westland Cooperative Dairy Co. Ltd: Key Developments (2015-2022)
14.6 Aps Biogroup
14.6.1 Company Overview
14.6.2 Aps Biogroup: Product Overview
14.7 Glanbia plc
14.7.1 Company Overview
14.7.2 Glanbia plc: Financial Overview
14.7.3 Glanbia plc: Product Overview
14.7.4 Glanbia plc: SWOT Analysis
14.7.5 Glanbia plc: Key Developments (2015-2022)
14.8 Farbest Brands
14.8.1 Company Overview
14.8.2 Farbest Brands: Product Overview
14.8.3 Farbest Brands: Key Developments (2015-2022)
14.9 Milei GmbH
14.9.1 Company Overview
14.9.2 Milei Gmbh: Financial Overview
14.9.3 Milei Gmbh: Product Overview
14.9.4 Milei Gmbh: SWOT Analysis
14.9.5 Milei Gmbh: Key Developments (2015-2022)
14.10 Fonterra Cooperative Group Ltd
14.10.1 Company Overview
14.10.2 Fonterra Cooperative Group Ltd: Financial Overview
14.10.3 Fonterra Cooperative Group Ltd: Product Overview
14.10.4 Fonterra Cooperative Group Ltd: SWOT Analysis
14.10.5 Fonterra Cooperative Group Ltd: Key Developments (2015-2022)
14.11 Invitria
14.11.1 Company Overview
14.11.2 Invitria: Product Overview
14.11.3 Invitria: Key Developments (2015-2022)
14.12 Hoogwegt Group B.V
14.12.1 Company Overview
14.12.2 Hoogwegt Group B.V: Product Overview
14.12.3 Hoogwegt Group B.V: Key Developments (2015-2022)
14.13 Bega Cheese Limited
14.13.1 Company Overview
14.13.2 Bega Cheese Limited: Financial Overview
14.13.3 Bega Cheese Limited: Product Overview
14.13.4 Bega Cheese Limited: SWOT Analysis
14.13.5 Bega Cheese Limited: Key Developments (2015-2022)
14.14 Warrnambool Cheese and Butter Company
14.14.1 Company Overview
14.14.2 Warrnambool Cheese and Butter Company: Product Overview
14.15 Frieslandcampina
14.15.1 Company Overview
14.15.2 Frieslandcampina: Financial Overview
14.15.3 Frieslandcampina: Product Overview
14.15.4 Frieslandcampina: SWOT Analysis
14.15.5 Frieslandcampina: Key Developments (2015-2022)
14.16 Nd Pharma & Biotech Ltd
14.16.1 Company Overview
14.16.2 Nd Pharma & Biotech Ltd: Product Overview
15. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/9k1r7j
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