South Korea Lactoferrin Market Size & Outlook, 2025-2030
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South Korea lactoferrin market highlights
- The South Korea lactoferrin market generated a revenue of USD 3.9 million in 2024 and is expected to reach USD 6.7 million by 2030.
- The South Korea market is expected to grow at a CAGR of 9.3% from 2025 to 2030.
- In terms of segment, iron absorption was the largest revenue generating function in 2024.
- Immune Cell Stimulation is the most lucrative function segment registering the fastest growth during the forecast period.
Lactoferrin market data book summary
| Market revenue in 2024 | USD 3.9 million |
| Market revenue in 2030 | USD 6.7 million |
| Growth rate | 9.3% (CAGR from 2025 to 2030) |
| Largest segment | Iron absorption |
| Fastest growing segment | Immune Cell Stimulation |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Iron Absorption, Antiinflammatory, Intestinal Flora Protection, Antibacterial, Immune Cell Stimulation, Antioxidant |
| Key market players worldwide | Hilmar Cheese Company, Pharming Group, FrieslandCampina, Synlait Milk Ltd, Ingredion Inc, MP Biomedicals, Glanbia PLC, Fonterra Co-operative Group |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.3% of the global lactoferrin market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China lactoferrin market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 6.7 million by 2030.
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Lactoferrin Market Scope
Lactoferrin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Synlait Milk Ltd | View profile | 363 | 1028 Heslerton Road, RD13, Rakaia, STL, New Zealand, 7783 | https://www.synlait.com |
| FrieslandCampina | View profile | 10001+ | Amersfoort, Utrecht, The Netherlands, Europe | https://www.frieslandcampina.com |
| Pharming Group | View profile | 382 | Darwinweg 24, Leiden, ZH, Netherlands, 2333 CR | https://www.pharming.com |
| MP Biomedicals | View profile | 501-1000 | Santa Ana, California, United States, North America | http://www.mpbio.com/index.php?cPath=8&country=223 |
| Hilmar Cheese Company | View profile | 1001-5000 | Hilmar, California, United States, North America | https://www.hilmarcheese.com |
| Fonterra Co-operative Group | View profile | 10001+ | Auckland, Auckland, New Zealand, Oceania | http://fonterra.com |
| Ingredion Inc | View profile | 11600 | 5 Westbrook Corporate Center, Westchester, IL, United States, 60154 | https://www.ingredion.com |
| Glanbia PLC | View profile | 5534 | Ring Road, Glanbia House, Kilkenny, Ireland, R95 E866 | https://www.glanbia.com |
South Korea lactoferrin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lactoferrin market will help companies and investors design strategic landscapes.
Iron absorption was the largest segment with a revenue share of 33.33% in 2024. Horizon Databook has segmented the South Korea lactoferrin market based on iron absorption, antiinflammatory, intestinal flora protection, antibacterial, immune cell stimulation, antioxidant covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea is one of the promising markets for lactoferrin owing to increasing health considerations in the country. Growing sales through the e-commerce platform for functional foods and beverages is fueling the demand for lactoferrin in the country. Increasing health awareness and rising disposable incomes are responsible for the increased per-capita spending on functional foods in the country.
South Korea has recorded increased sales of meal replacement products for slimming and convalescence and is expected to showcase similar trends over the forecast period. The outbreak of the COVID-19 pandemic is expected to increase the demand for lactoferrin in the country owing to its immunity-boosting properties.
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Our clientele includes a mix of lactoferrin market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea lactoferrin market , including forecasts for subscribers. This country databook contains high-level insights into South Korea lactoferrin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea lactoferrin market size, by function, 2018-2030 (US$M)
South Korea Lactoferrin Market Outlook Share, 2024 & 2030 (US$M)
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