Global Lactoferrin Products Market 2024-2028
The lactoferrin products market is forecasted to grow by USD 4.89 bn during 2023-2028, accelerating at a CAGR of 16.3% during the forecast period. The report on the lactoferrin products market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increasing number of working women and nuclear families, an increase in a number of mothers with lower milk supply, and accessible distribution channels to consumers.
Technavio's lactoferrin products market is segmented as below:
By Application
- Infant formula
- Sports and functional Foods
- Food and beverages
- Others
By Usage
- Iron absorption
- Intestinal flora protection
- Anti-inflammatory
- Antibacterial and others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the rising demand for online retail as one of the prime reasons driving the lactoferrin products market growth during the next few years. Also, increasing awareness about lactose-free products and strategic initiatives by vendors in the global lactoferrin products market will lead to sizable demand in the market.
The report on the lactoferrin products market covers the following areas:
- Lactoferrin products market sizing
- Lactoferrin products market forecast
- Lactoferrin products market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lactoferrin products market vendors that include Advanced Orthomolecular Research Inc., Bega Cheese Ltd., Blackmores Ltd., Cure Nutraceutical PVT. LTD., Fonterra Cooperative Group Ltd., Glanbia plc, INGREDIA SA, Inner Mongolia Yili Industrial Group Co. Ltd., Jarrow Formulas Inc., Lactoferrin Co., Life Extension Foundation Buyers Club Inc., Morinaga Milk Industry Co. Ltd., Morishita Jintan Co. Ltd., Noumi Ltd., Oskia Skincare Ltd., Royal FrieslandCampina NV, Saraya Co. Ltd., Savencia SA, TurtleTree, US CLINICALS, ZIEXA HEALTHCARE, and Zifam Pinnacle Pty. Ltd.. Also, the lactoferrin products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.