Insights on the Lactoferrin Global Market to 2028- by Application, Function and Region – Yahoo Finance

Dublin, Nov. 09, 2021 (GLOBE NEWSWIRE) -- The "Lactoferrin Market Share, Size, Trends, Industry Analysis Report, By Application (Food & Beverages, Infant Formula, Sports & Functional Food, Pharmaceuticals, Personal Care Products); By Function; By Region; Segment Forecast, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.

The global lactoferrin market size is expected to reach Usd 403.0 million by 2028, according to a new study. The report "Lactoferrin Market Share, Size, Trends, Industry Analysis Report, By Application (Food & Beverages, Infant Formula, Sports & Functional Food, Pharmaceuticals, Personal Care Products); By Function; By Region; Segment Forecast, 2021 - 2028" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Increasing application of lactoferrin in infant formulations, food supplements, non-alcoholic beverages, and dietetic food is expected to be the major force behind the growth of the global industry during the forecast period. The rise in skin problems such as acne, increasing consumption of cosmetics products, and the awareness about the medicinal benefits of such products are expected to further drive the growth of the global industry over the coming years.

Lactoferrin is extensively helpful in infant formulation. Globally breastfeeding has decreased for infants after six months of age. In the US, only half of the infants (approximately 55%) are receiving breastfeeding and this will cause a significant nutritional deficiency in infants. Hence there is enormous demand for healthy infant formulations.

Acne is one of the major skin problems that affect nearly 50 million people annually in the United States alone. The use of lactoferrin in cosmetic products will improve the condition due to its anti-inflammatory and anti-microbial properties. All these factors augment the growth of this industry.

Asia Pacific is a major shareholder of the global industry in 2020, and the region is expected to have high growth during the projected timeframe. The increasing knowledge among the consumers for nutritional food supplements and cosmetic products in key emerging economies such as India, China, and Japan has led to the growth of the market. In addition, surging awareness for infant nutrition due to increasing new births will further fuel the market growth.

The emergence of COVID-19 is expected to have a positive effect on the growth of the global industry. The nasal, oral, and topical use of lactoferrin improves airflow into the lungs in COVID-19 patients. The Consumption of cosmetic products has not decreased during the pandemic due to the undisturbed supply of such products through e-commerce platforms.

Industry participants such as APS BioGroup, Bega Cheese Limited, Farbest Brands, Ferrin-Tech LLC, Fonterra Cooperative Group Ltd., FrieslandCampina, Glanbia PLC, Hilmar Cheese Company, Hoogwegt Group B.V., Ingredia SA, InVitria, Metagenics, Inc., Milei GmbH, MP Biomedicals, ND Pharma & Biotech Ltd., Pharming Group NV, ProHealth, Synlait Milk Ltd, Tatura Milk Industries Ltd, Warrnambool Cheese and Butter Company, and Westland Cooperative Dairy Co., Ltd. are some of the key players operating in the global market.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Research Methodology

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4. Lactoferrin Market Insights4.1. Lactoferrin - Industry snapshot4.2. Lactoferrin Market Dynamics4.2.1. Drivers and Opportunities4.2.1.1. The decline in breastfeeding rates4.2.1.2. Awareness among consumers4.2.2. Restraints and Challenges4.2.2.1. Adulteration4.3. Porter's Five Forces Analysis4.3.1. Bargaining Power of Suppliers (Moderate)4.3.2. Threats of New Entrants: (Low)4.3.3. Bargaining Power of Buyers (Moderate)4.3.4. Threat of Substitute (Moderate)4.3.5. Rivalry among existing firms (High)4.4. PESTLE Analysis4.5. Lactoferrin Market Industry trends4.6. COVID-19 Impact Analysis

5. Global Lactoferrin Market, by Function5.1. Key Findings5.2. Introduction5.2.1. Global Lactoferrin Market, by Function, 2016 - 2028 (Tons) (USD Million)5.3. Iron Absorption5.3.1. Iron Absorption Function Market, by Region, 2016 - 2028 (Tons) (USD Million)5.4. Anti-Inflammatory5.4.1. Anti-Inflammatory Function Market, by Region, 2016 - 2028 (Tons) (USD Million)5.5. Intestine Flora Protection5.5.1. Intestine Flora Protection Function Market, by Region, 2016 - 2028 (Tons) (USD Million)5.6. Antibacterial5.6.1. Antibacterial Function Market, by Region, 2016 - 2028 (Tons) (USD Million)5.7. Immune Cell Stimulation5.7.1. Immune Cell Stimulation Function Market, by Region, 2016 - 2028 (Tons) (USD Million)5.8. Antioxidant5.8.1. Antioxidant Function Market, by Region, 2016 - 2028 (Tons) (USD Million)

6. Lactoferrin Market Assessment by Application6.1. Key Findings6.2. Introduction6.2.1. Global Lactoferrin Market, by Application, 2016 - 2028 (Tons) (USD Million)6.3. Food & Beverages6.3.1. Lactoferrin Market for Food & Beverages Application, by Region, 2016 - 2028 (Tons) (USD Million)6.4. Infant Formula6.4.1. Lactoferrin Market for Infant Formula, by Region, 2016 - 2028 (Tons) (USD Million)6.5. Sports & Functional Food6.5.1. Lactoferrin Market for Sports & Functional Food, by Region, 2016 - 2028 (Tons) (USD Million)6.6. Pharmaceuticals6.6.1. Lactoferrin Market for Pharmaceuticals, by Region, 2016 - 2028 (Tons) (USD Million)6.7. Personal Care Products6.7.1. Lactoferrin Market for Personal Care Products, by Region, 2016 - 2028 (Tons) (USD Million)6.8. Others6.8.1. Lactoferrin Market for Other applications, by Region, 2016 - 2028 (Tons) (USD Million)

7. Lactoferrin Market Assessment by Geography

8. Competitive Landscape8.1. Expansion and Acquisition Analysis8.1.1. Expansion8.1.2. Acquisitions8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles9.1. APS BioGroup9.1.1. Company Overview9.1.2. Financial Performance9.1.3. Product Benchmarking9.1.4. Recent Development9.2. Bega Cheese Limited9.2.1. Company Overview9.2.2. Financial Performance9.2.3. Product Benchmarking9.2.4. Recent Development9.3. Farbest Brands9.3.1. Company Overview9.3.2. Financial Performance9.3.3. Product Benchmarking9.3.4. Recent Development9.4. Ferrin-Tech LLC9.4.1. Company Overview9.4.2. Financial Performance9.4.3. Product Benchmarking9.4.4. Recent Development9.5. Fonterra Cooperative Group Ltd.9.5.1. Company Overview9.5.2. Financial Performance9.5.3. Product Benchmarking9.5.4. Recent Development9.6. FrieslandCampina9.6.1. Company Overview9.6.2. Financial Performance9.6.3. Product Benchmarking9.6.4. Recent Development9.7. Glanbia PLC9.7.1. Company Overview9.7.2. Financial Performance9.7.3. Product Benchmarking9.7.4. Recent Development9.8. Hilmar Cheese Company9.8.1. Company Overview9.8.2. Financial Performance9.8.3. Product Benchmarking9.8.4. Recent Development9.9. Hoogwegt Group B.V.9.9.1. Company Overview9.9.2. Financial Performance9.9.3. Product Benchmarking9.9.4. Recent Development9.10. Ingredia SA9.10.1. Company Overview9.10.2. Financial Performance9.10.3. Product Benchmarking9.10.4. Recent Development9.11. InVitria9.11.1. Company Overview9.11.2. Financial Performance9.11.3. Product Benchmarking9.11.4. Recent Development9.12. Metagenics, Inc.9.12.1. Company Overview9.12.2. Financial Performance9.12.3. Product Benchmarking9.12.4. Recent Development9.13. Milei GmbH9.13.1. Company Overview9.13.2. Financial Performance9.13.3. Product Benchmarking9.13.4. Recent Development9.14. MP Biomedicals9.14.1. Company Overview9.14.2. Financial Performance9.14.3. Product Benchmarking9.14.4. Recent Development9.15. ND Pharma & Biotech Ltd.9.15.1. Company Overview9.15.2. Financial Performance9.15.3. Product Benchmarking9.15.4. Recent Development9.16. Pharming Group NV9.16.1. Company Overview9.16.2. Financial Performance9.16.3. Product Benchmarking9.16.4. Recent Development9.17. ProHealth9.17.1. Company Overview9.17.2. Financial Performance9.17.3. Product Benchmarking9.17.4. Recent Development9.18. Synlait Milk Ltd9.18.1. Company Overview9.18.2. Financial Performance9.18.3. Product Benchmarking9.18.4. Recent Development9.19. Tatura Milk Industries Ltd9.19.1. Company Overview9.19.2. Financial Performance9.19.3. Product Benchmarking9.19.4. Recent Development9.20. Warrnambool Cheese and Butter Company9.20.1. Company Overview9.20.2. Financial Performance9.20.3. Product Benchmarking9.20.4. Recent Development9.21. Westland Cooperative Dairy Co., Ltd.9.21.1. Company Overview9.21.2. Financial Performance9.21.3. Product Benchmarking9.21.4. Recent Development

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Insights on the Lactoferrin Global Market to 2028- by Application, Function and Region - Yahoo Finance