Mississippichronicle

Polaris Market Research

The global lactoferrin market size is expected to reach USD 403.0 million by 2028, according to a new study by Polaris Market Research. The report “Lactoferrin Market Share, Size, Trends, Industry Analysis Report, By Application (Food & Beverages, Infant Formula, Sports & Functional Food, Pharmaceuticals, Personal Care Products); By Function; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Increasing application of lactoferrin in infant formulations, food supplements, non-alcoholic beverages, and dietetic food is expected to be the major force behind the growth of the global industry during the forecast period. The rise in skin problems such as acne, increasing consumption of cosmetics products, and the awareness about the medicinal benefits of such products are expected to further drive the growth of the global industry over the coming years.

Request A Sample Report At: https://www.polarismarketresearch.com/industry-analysis/lactoferrin-market/request-for-sample

Competitive Insight

Industry participants such as :  APS BioGroup, Bega Cheese Limited, Farbest Brands, Ferrin-Tech LLC, Fonterra Cooperative Group Ltd., FrieslandCampina, Glanbia PLC, Hilmar Cheese Company, Hoogwegt Group B.V., Ingredia SA, InVitria, Metagenics, Inc., Milei GmbH, MP Biomedicals, ND Pharma & Biotech Ltd., Pharming Group NV, ProHealth, Synlait Milk Ltd, Tatura Milk Industries Ltd, Warrnambool Cheese and Butter Company, and Westland Cooperative Dairy Co., Ltd. are some of the key players operating in the global market.

Market Insight:

Lactoferrin is extensively helpful in infant formulation. Globally breastfeeding has decreased for infants after six months of age. In the U.S., only half of the infants (approximately 55%) are receiving breastfeeding and this will cause a significant nutritional deficiency in infants. Hence there is enormous demand for healthy infant formulations.

Acne is one of the major skin problems that affect nearly 50 million people annually in the U.S. alone. The use of lactoferrin in cosmetic products will improve the condition due to its anti-inflammatory and anti-microbial properties. All these factors augment the growth of this industry.

Regional Analysis:

Asia Pacific is a major shareholder of the global industry in 2020, and the region is expected to have high growth during the projected timeframe. The increasing knowledge among the consumers for nutritional food supplements and cosmetic products in key emerging economies such as India, China, and Japan has led to the growth of the market. In addition, surging awareness for infant nutrition due to increasing new births will further fuel the market growth.

The emergence of COVID-19 is expected to have a positive effect on the growth of the global industry. The nasal, oral, and topical use of lactoferrin improves airflow into the lungs in COVID-19 patients. The Consumption of cosmetic products has not decreased during the pandemic due to the undisturbed supply of such products through e-commerce platforms.

Request for Discount Pricing with Your Specific Research Needs At : https://www.polarismarketresearch.com/industry-analysis/lactoferrin-market/request-for-discount-pricing

Polaris Market Research has segmented the lactoferrin market report on the basis of function, application, and region:

Lactoferrin, Function Outlook (Revenue – USD Million, 2016 – 2028)

• Iron Absorption
• Anti-Inflammatory
• Intestine Flora Protection
• Antibacterial
• Immune Cell Stimulation
• Antioxidant

Lactoferrin, Application Outlook (Revenue – USD Million, 2016 – 2028)

• Food & Beverages
• Infant Formula
• Sports & Functional Food
• Pharmaceuticals
• Personal Care Products
• Others

Lactoferrin, Regional Outlook (Revenue – USD Million, 2016 – 2028)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Italy
• France
• Spain
• Austria
• Netherlands
• Asia Pacific
• China
• Japan
• India
• Indonesia
• Malaysia
• South Korea
• Latin America
• Brazil
• Argentina
• Mexico
• Middle East & Africa
• Israel
• Saudi Arabia
• South Africa
• UAE

Have Any Query Or Specific Requirement? Feel Free To Ask Our Industry Experts At  : https://www.polarismarketresearch.com/industry-analysis/lactoferrin-market/speak-to-analyst

OR

Other Studies Relevant to this industry:  https://www.polarismarketresearch.com/industry/Food-and-Beverages

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavour to deliver value-added business solutions to our customers

Media Contact
Company Name: Polaris Market Research and Consulting
Contact Person: Likhil
Email: Send Email
Phone: +1-917-985-9017
Address:30 Wall Street 8th Floor, New York City, NY 10005, United States
City: New York City
State: US
Country: United Kingdom
Website: https://www.polarismarketresearch.com/industry-analysis/lactoferrin-market