Press Release
Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
Global Bovine Lactoferrin Market to Grow at a CAGR of 12.1% During the Period 2022-2027, Driven by Nutraceutical Applications
According to a new report by EMR titled, ‘Global Bovine Lactoferrin Market Report and Forecast 2022-2027’, the global bovine lactoferrin market is expected to grow at a CAGR of 12.1% during the period 2022-2027, led by applications in health and cosmetics.
The global bovine lactoferrin market is expected to be driven by uses of lactoferrin the nutrition domain, particularly infant nutrition and food supplements. Lactoferrin also has uses in the health and beauty sectors. There are other potential novel applications. Lactoferrin enables iron to act as a bacteriostatic agent; it decreases the number of freely available ferric ions, preventing bacterial development and associated problems like bad breath, dental caries and tartar. Thus, lactoferrin has applications in oral hygiene. While lactoferrin is a nutraceutical element employed as a food supplement for humans, it has applications in veterinary medicine; it has been suggested that lactoferrin has uses as microbiostatic, microbicide, modulator, microbiota or immunostimulant. North America, Europe and Asia are likely to be key markets.
Lactoferrin is an iron-binding protein that occurs naturally in milk, and suggested to enhance immunity. Lactoferrin has useful biological functions for adults as well as infants, including immune-supporting functions and shielding against infection. Several companies offer products aimed at meeting customers’ requirements. For example, NZMP offers SureStart™ Lactoferrin the ingredients of which - SureStart™ Lactoferrin 7100 and SureStart™ Lactoferrin 7200 – encourage bifidobacterial growth in preterm infants, assisting the development of the immune and digestive system.
Other popular products include Life Extension Lactoferrin Caps, Jarrow Formulas Lactoferrin, Vitamatic Lactoferrin, Best Naturals Lactoferrin, Pure Velvet Bovine Colostrum Capsules, Best Naturals Lactoferrin, KAL Colostrum Lactoferrin, NutriCology Laktoferrin, Vitamatic Lactoferrin, etc.
Lactoferrin is considered a bioactive of significance in human health, development and prevention of disease. Lactoferrin has uses in adult nutrition owing to its anti-infection, iron-binding and anti-viral properties and involvement in iron metabolism. It is a good bioactive for use in supplements and functional foods like powdered drink mixes, yoghurts, cheese, dairy based beverages, ice-cream, and confectionery.
Key players in the domain include Fonterra Co-Operative Group Limited, Lee BioSolutions, Glanbia Plc, Bega Cheese Limited, Saputo Inc., and others.
Key Findings of the Report:
- The global bovine lactoferrin market is expected to be driven by uses in nutraceutical applications.
- Potential uses in medicine are expected to boost market growth.
- North America and Europe are projected to be key markets.
Market Analysis by Product, Application and Region:
- By product, the market is segmented into Freeze Dried and Milled, and Spray Dried Powder.
- By application, the market is classified into Infant Formula, Pharmaceuticals, Dietary Supplements, Food, and Others.
- By region, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Purchase Options
Call us on
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
NEWSLETTER