Lactoferrin Market Size, Share & Trends Report

Lactoferrin Market Size, Share & Trends Analysis Report By Function (Iron Absorption, Intestinal Flora Protection), By Application (Personal Care Products, Infant Formula), By Region (North America, APAC, Europe), And Segment Forecasts, 2021 - 2028

  • Report ID: GVR-1-68038-871-8
  • Number of Pages: 125
  • Format: Electronic (PDF)

Market Segmentation

  • Lactoferrin Function Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)
    • Iron absorption
    • Anti-inflammatory
    • Intestinal flora protection
    • Antibacterial
    • Immune cell stimulation
    • Antioxidant
  • Lactoferrin Application Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)
    • Food & Beverages
    • Infant Formula
    • Sports & Functional Foods
    • Pharmaceuticals
    • Personal Care Products
    • Animal Feed
  • Lactoferrin Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)
    • North America
      • North America Lactoferrin Market, By Function
        • Iron absorption
        • Anti-inflammatory
        • Intestinal flora protection
        • Antibacterial
        • Immune cell stimulation
        • Antioxidant
      • North America Lactoferrin Market, By Application
        • Food & Beverages
        • Infant Formula
        • Sports & Functional Foods
        • Pharmaceuticals
        • Personal Care Products
        • Animal Feed
      • U.S.
        • U.S. Lactoferrin Market, By Function
          • Iron absorption
          • Anti-inflammatory
          • Intestinal flora protection
          • Antibacterial
          • Immune cell stimulation
          • Antioxidant
        • U.S. Lactoferrin Market, By Application
          • Food & Beverages
          • Infant Formula
          • Sports & Functional Foods
          • Pharmaceuticals
          • Personal Care Products
          • Animal Feed
      • Canada
        • Canada Lactoferrin Market, By Function
          • Iron absorption
          • Anti-inflammatory
          • Intestinal flora protection
          • Antibacterial
          • Immune cell stimulation
          • Antioxidant
        • Canada Lactoferrin Market, By Application
          • Food & Beverages
          • Infant Formula
          • Sports & Functional Foods
          • Pharmaceuticals
          • Personal Care Products
          • Animal Feed
      • Mexico
        • Mexico Lactoferrin Market, By Function
          • Iron absorption
          • Anti-inflammatory
          • Intestinal flora protection
          • Antibacterial
          • Immune cell stimulation
          • Antioxidant
        • Mexico Lactoferrin Market, By Application
          • Food & Beverages
          • Infant Formula
          • Sports & Functional Foods
          • Pharmaceuticals
          • Personal Care Products
          • Animal Feed
    • Europe
      • Europe Lactoferrin Market, By Function
        • Iron absorption
        • Anti-inflammatory
        • Intestinal flora protection
        • Antibacterial
        • Immune cell stimulation
        • Antioxidant
      • Europe Lactoferrin Market, By Application
        • Food & Beverages
        • Infant Formula
        • Sports & Functional Foods
        • Pharmaceuticals
        • Personal Care Products
        • Animal Feed
      • U.K.
        • U.K. Lactoferrin Market, By Function
          • Iron absorption
          • Anti-inflammatory
          • Intestinal flora protection
          • Antibacterial
          • Immune cell stimulation
          • Antioxidant
        • U.K. Lactoferrin Market, By Application
          • Food & Beverages
          • Infant Formula
          • Sports & Functional Foods
          • Pharmaceuticals
          • Personal Care Products
          • Animal Feed
      • Germany
        • Germany Lactoferrin Market, By Function
          • Iron absorption
          • Anti-inflammatory
          • Intestinal flora protection
          • Antibacterial
          • Immune cell stimulation
          • Antioxidant
        • Germany Lactoferrin Market, By Application
          • Food & Beverages
          • Infant Formula
          • Sports & Functional Foods
          • Pharmaceuticals
          • Personal Care Products
          • Animal Feed
      • France
        • France Lactoferrin Market, By Function
          • Iron absorption
          • Anti-inflammatory
          • Intestinal flora protection
          • Antibacterial
          • Immune cell stimulation
          • Antioxidant
        • France Lactoferrin Market, By Application
          • Food & Beverages
          • Infant Formula
          • Sports & Functional Foods
          • Pharmaceuticals
          • Personal Care Products
          • Animal Feed
    • Asia Pacific
      • Asia Pacific Lactoferrin Market, By Function
        • Iron absorption
        • Anti-inflammatory
        • Intestinal flora protection
        • Antibacterial
        • Immune cell stimulation
        • Antioxidant
      • Asia Pacific Lactoferrin Market, By Application
        • Food & Beverages
        • Infant Formula
        • Sports & Functional Foods
        • Pharmaceuticals
        • Personal Care Products
        • Animal Feed
      • China
        • China Lactoferrin Market, By Function
          • Iron absorption
          • Anti-inflammatory
          • Intestinal flora protection
          • Antibacterial
          • Immune cell stimulation
          • Antioxidant
        • China Lactoferrin Market, By Application
          • Food & Beverages
          • Infant Formula
          • Sports & Functional Foods
          • Pharmaceuticals
          • Personal Care Products
          • Animal Feed
      • India
        • India Lactoferrin Market, By Function
          • Iron absorption
          • Anti-inflammatory
          • Intestinal flora protection
          • Antibacterial
          • Immune cell stimulation
          • Antioxidant
        • India Lactoferrin Market, By Application
          • Food & Beverages
          • Infant Formula
          • Sports & Functional Foods
          • Pharmaceuticals
          • Personal Care Products
          • Animal Feed
      • Japan
        • Japan Lactoferrin Market, By Function
          • Iron absorption
          • Anti-inflammatory
          • Intestinal flora protection
          • Antibacterial
          • Immune cell stimulation
          • Antioxidant
        • Japan Lactoferrin Market, By Application
          • Food & Beverages
          • Infant Formula
          • Sports & Functional Foods
          • Pharmaceuticals
          • Personal Care Products
          • Animal Feed
      • Australia
        • Australia Lactoferrin Market, By Function
          • Iron absorption
          • Anti-inflammatory
          • Intestinal flora protection
          • Antibacterial
          • Immune cell stimulation
          • Antioxidant
        • Australia Lactoferrin Market, By Application
          • Food & Beverages
          • Infant Formula
          • Sports & Functional Foods
          • Pharmaceuticals
          • Personal Care Products
          • Animal Feed
    • Central & South America
      • Central & South America Lactoferrin Market, By Function
        • Iron absorption
        • Anti-inflammatory
        • Intestinal flora protection
        • Antibacterial
        • Immune cell stimulation
        • Antioxidant
      • Central & South America Lactoferrin Market, By Application
        • Food & Beverages
        • Infant Formula
        • Sports & Functional Foods
        • Pharmaceuticals
        • Personal Care Products
        • Animal Feed
      • Brazil
        • Brazil Lactoferrin Market, By Function
          • Iron absorption
          • Anti-inflammatory
          • Intestinal flora protection
          • Antibacterial
          • Immune cell stimulation
          • Antioxidant
        • Brazil Lactoferrin Market, By Application
          • Food & Beverages
          • Infant Formula
          • Sports & Functional Foods
          • Pharmaceuticals
          • Personal Care Products
          • Animal Feed
    • Middle East & Africa
      • Middle East & Africa Lactoferrin Market, By Function
        • Iron absorption
        • Anti-inflammatory
        • Intestinal flora protection
        • Antibacterial
        • Immune cell stimulation
        • Antioxidant
      • Middle East & Africa Lactoferrin Market, By Application
        • Food & Beverages
        • Infant Formula
        • Sports & Functional Foods
        • Pharmaceuticals
        • Personal Care Products
        • Animal Feed
      • UAE
        • UAE Lactoferrin Market, By Function
          • Iron absorption
          • Anti-inflammatory
          • Intestinal flora protection
          • Antibacterial
          • Immune cell stimulation
          • Antioxidant
        • UAE Lactoferrin Market, By Application
          • Food & Beverages
          • Infant Formula
          • Sports & Functional Foods
          • Pharmaceuticals
          • Personal Care Products
          • Animal Feed

Lactoferrin Market Dynamics

Driver: Rising demand for Lactoferrin in sports and infant nutrition

The rising prevalence of iron deficiency within the population is anticipated to positively impact the demand for lactoferrin in its application for iron absorption. While there are various iron supplements available in the market, they often come with the drawback of causing irritation and discomfort. Medical professionals have observed that a significant 87% of individuals who use iron supplements experience stomach aches and internal discomfort. Typically, only 20% of iron supplements are absorbed, while the remaining 80% serves as nourishment for bacteria, leading to stomach aches. However, bioferrin lactoferrin has the ability to bind with free iron in the intestine, which is responsible for stomach aches, and it also increases serum ferritin levels. This allows for a more efficient absorption of iron. Iron plays a crucial role in oxygen transportation and cell metabolism. Athletes frequently rely on iron supplements to enhance oxygenation and reduce the risk of iron-related diseases, as well as other issues associated with taking iron supplements. Lactoferrin is preferred by athletes as it does not come with any side effects. Many Mixed Martial Arts fighters often experience knockouts during competitions due to infections caused by minor wounds. In addition to preventing bacterial growth, lactoferrin also possesses anti-fungal and antiviral properties, which are highly advantageous for athletes. Moreover, lactoferrin exhibits cytokine-like qualities that can activate the immune system. This is particularly beneficial for sportspersons; as intense training can weaken their immune system.

Driver: Increasing prevalence of skin disorders

The prevalence of acne is higher among millennials in the United States and other developed countries. According to the American Academy of Dermatology, more than 50 million U.S. citizens are affected by acne annually. Acne treatments involve the use of various ingredients in different forms. However, clinical trials have shown that lactoferrin is effective in treating acne. Lactoferrin eliminates the main food source for pathogens and has anti-inflammatory properties, which helps neutralize one of the main causes of acne. This is crucial in preventing pore-clogging and the formation of acne. The Global Burden of Disease study estimates that around 85% of the population aged 12-25 worldwide suffered from acne in 2016. Studies conducted in countries such as the United States, France, and the United Kingdom confirm that acne is the third most prevalent skin condition globally. Additionally, the increasing prevalence of acne in developing countries like India, China, Brazil, Mexico, South Africa, and others is expected to create opportunities for lactoferrin manufacturers in the future. The global personal care market is undergoing a shift from traditional brick and mortar stores to specialty and online stores. Women of all age groups worldwide prefer a cross-channel approach for their purchases. The demand for innovative ingredients with minimal side effects and high efficiency is expected to drive the growth of lactoferrin in the coming years.

Restraint: High ingredient development cost and stringent government regulations

Research and development (R&D) plays a crucial role in the success of the lactoferrin market. Therefore, market participants must prioritize investing in R&D. However, the high cost of these investments may hinder the overall growth of the market in the coming years. To ensure the effectiveness of manufacturers' claims, extensive testing is necessary. Human clinical studies must also be conducted before product launch, adding to the overall cost. Despite the expenses, companies leverage the results of these tests to attract more customers and increase sales. Regulatory bodies require scientific trials to validate health improvement claims, leading to conflicts between industry players and authorities. Additionally, approved claims in one country may not be applicable in others, further restraining the market. Varying regulations across different countries create confusion for industry participants, who must constantly adapt to changing rules. Obtaining approvals for lactoferrin products can be challenging, especially in countries without a formal definition for the ingredient. However, the growth of the global infant and sports nutrition industry, in which lactoferrin is a key component, presents opportunities for the lactoferrin market in the forecast period.

What Does This Report Include?

This section will provide insights into the contents included in this lactoferrin market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Lactoferrin market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Lactoferrin market quantitative analysis

  • Market size, estimates, and forecast from 2017 to 2028

  • Market estimates and forecast for product segments up to 2028

  • Regional market size and forecast for product segments up to 2028

  • Market estimates and forecast for application segments up to 2028

  • Regional market size and forecast for application segments up to 2028

  • Company financial performance

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