Europe Bovine Lactoferrin Market Size, Share & Trends Analysis Report By Application (Infant Formula, Dietary Supplements, Pharmaceutical, and Others), By Product Type (Freeze-dried and Spray-dried), By Function, By Country and Growth Forecast, 2023 - 2030
The Europe Bovine Lactoferrin Market would witness market growth of 7.8% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 97.6 Tonnes showcasing a growth of 8.7% (2019-2022).
Bovine lactoferrin is widely utilized as a key ingredient in nutritional supplements. Its rich nutritional profile, including essential amino acids and iron-binding capabilities, makes it an attractive component for supplements designed to support overall health and well-being. Consumers seek these supplements for immune system support, iron balance, and general nutritional enhancement. Bovine lactoferrin has found significant application in the production of infant formula. Bovine lactoferrin is recognized for its structural similarity to human lactoferrin and is added to infant formulas to provide nutritional benefits like breast milk. Its presence supports the development of the infant's immune system and contributes to overall infant health.
The functional food and beverage industry has embraced bovine lactoferrin as an ingredient to enhance the nutritional content of various products. It is incorporated into fortified yogurt, energy bars, and beverages to offer additional health benefits beyond basic nutrition. Bovine lactoferrin's versatility makes it suitable for diverse applications in this sector. Bovine lactoferrin is increasingly being included in sports nutrition products. Its role in supporting the immune system and potential benefits in recovery make it appealing to athletes and fitness enthusiasts. Sports supplements, protein shakes, and energy bars may contain bovine lactoferrin to address the nutritional needs of individuals with active lifestyles.
France strongly focuses on health and wellness, and consumers increasingly seek dietary supplements that contribute to overall well-being. The sports nutrition industry in France is growing, and dietary supplements that aid in muscle recovery, immune support, and overall well-being are in demand. The preference for natural and clean-label products is evident in the French. Bovine lactoferrin is utilized in veterinary applications in France, particularly in animal nutrition and health products. Thus, all these factors will uplift the regional market’s expansion in the coming years.
The Germany market dominated the Europe Bovine Lactoferrin Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $41,304.4 Thousands by 2030. The UK market is exhibiting a CAGR of 6.8% during (2023 - 2030). Additionally, The France market would experience a CAGR of 8.6% during (2023 - 2030).
Based on Application, the market is segmented into Infant Formula, Dietary Supplements, Pharmaceutical, and Others. Based on Product Type, the market is segmented into Freeze-dried and Spray-dried. Based on Function, the market is segmented into Iron Absorption, Antibacterial, Immune Cell Stimulation and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Royal FrieslandCampina N.V.
- Fonterra Co-operative Group Limited
- Saputo, Inc.
- Glanbia PLC
- Noumi Limited
- Synlait Milk Limited
- MILEI GmbH (Morinaga Milk Industry Co., Ltd.)
- Bega Cheese Limited
- Beston Global Food Company Limited
- Savencia SA
By Application (Volume, Tonnes, USD Million, 2019-2030)
- Infant Formula
- Dietary Supplements
- Pharmaceutical
- Others
- Freeze-dried
- Spray-dried
- Iron Absorption
- Antibacterial
- Immune Cell Stimulation
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Bovine Lactoferrin Market, by Application
- 1.4.2 Europe Bovine Lactoferrin Market, by Product Type
- 1.4.3 Europe Bovine Lactoferrin Market, by Function
- 1.4.4 Europe Bovine Lactoferrin Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter’s Five Forces Analysis
- Chapter 4. Strategies Deployed in Bovine Lactoferrin Market
- Chapter 5. Europe Bovine Lactoferrin Market by Application
- 5.1 Europe Infant Formula Market by Country
- 5.2 Europe Dietary Supplements Market by Country
- 5.3 Europe Pharmaceutical Market by Country
- 5.4 Europe Others Market by Country
- Chapter 6. Europe Bovine Lactoferrin Market by Product Type
- 6.1 Europe Freeze-dried Market by Country
- 6.2 Europe Spray-dried Market by Country
- Chapter 7. Europe Bovine Lactoferrin Market by Function
- 7.1 Europe Iron Absorption Market by Country
- 7.2 Europe Antibacterial Market by Country
- 7.3 Europe Immune Cell Stimulation Market by Country
- 7.4 Europe Others Market by Country
- Chapter 8. Europe Bovine Lactoferrin Market by Country
- 8.1 Germany Bovine Lactoferrin Market
- 8.1.1 Germany Bovine Lactoferrin Market by Application
- 8.1.2 Germany Bovine Lactoferrin Market by Product Type
- 8.1.3 Germany Bovine Lactoferrin Market by Function
- 8.2 UK Bovine Lactoferrin Market
- 8.2.1 UK Bovine Lactoferrin Market by Application
- 8.2.2 UK Bovine Lactoferrin Market by Product Type
- 8.2.3 UK Bovine Lactoferrin Market by Function
- 8.3 France Bovine Lactoferrin Market
- 8.3.1 France Bovine Lactoferrin Market by Application
- 8.3.2 France Bovine Lactoferrin Market by Product Type
- 8.3.3 France Bovine Lactoferrin Market by Function
- 8.4 Russia Bovine Lactoferrin Market
- 8.4.1 Russia Bovine Lactoferrin Market by Application
- 8.4.2 Russia Bovine Lactoferrin Market by Product Type
- 8.4.3 Russia Bovine Lactoferrin Market by Function
- 8.5 Spain Bovine Lactoferrin Market
- 8.5.1 Spain Bovine Lactoferrin Market by Application
- 8.5.2 Spain Bovine Lactoferrin Market by Product Type
- 8.5.3 Spain Bovine Lactoferrin Market by Function
- 8.6 Italy Bovine Lactoferrin Market
- 8.6.1 Italy Bovine Lactoferrin Market by Application
- 8.6.2 Italy Bovine Lactoferrin Market by Product Type
- 8.6.3 Italy Bovine Lactoferrin Market by Function
- 8.7 Rest of Europe Bovine Lactoferrin Market
- 8.7.1 Rest of Europe Bovine Lactoferrin Market by Application
- 8.7.2 Rest of Europe Bovine Lactoferrin Market by Product Type
- 8.7.3 Rest of Europe Bovine Lactoferrin Market by Function
- Chapter 9. Company Profiles
- 9.1 Royal FrieslandCampina N.V.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Product Launches and Product Expansions:
- 9.1.5.3 Geographical Expansions and Business Expansions:
- 9.1.6 SWOT Analysis
- 9.2 Fonterra Co-operative Group Limited
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Product Launches and Product Expansions:
- 9.2.6 SWOT Analysis
- 9.3 Saputo, Inc.
- 9.3.1 Company overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 SWOT Analysis
- 9.4 Glanbia PLC
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Acquisition and Mergers:
- 9.4.6 SWOT Analysis
- 9.5 Noumi Limited
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental Analysis
- 9.6 Synlait Milk Limited
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 SWOT Analysis
- 9.7 MILEI GmbH (Morinaga Milk Industry Co., Ltd.)
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Recent strategies and developments:
- 9.7.4.1 Geographical Expansions and Business Expansions:
- 9.7.5 SWOT Analysis
- 9.8 Bega Cheese Limited
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Recent strategies and developments:
- 9.8.4.1 Product Launches and Product Expansions:
- 9.8.4.2 Acquisition and Mergers:
- 9.8.4.3 Geographical Expansions:
- 9.8.5 SWOT Analysis
- 9.9 Beston Global Food Company Limited
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Recent strategies and developments:
- 9.9.4.1 Geographical Expansions and Business Expansions:
- 9.9.5 SWOT Analysis
- 9.10. Savencia SA
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Recent strategies and developments:
- 9.10.4.1 Acquisition and Mergers:
- 9.10.5 SWOT Analysis
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