The global lactoferrin market is expected to
reach USD 167.9 million by 2025, according to a new report by Grand View
Research, Inc. Increasing demand for infant formula has been a major factor
driving market growth. Utilization of lactoferrin has increased owing to the
rising health concerns among consumers.
Lactoferrin is derived from the transferrin
family and is a multifunctional protein. Transferrins are glycoproteins and are
known to have the ability to control the free iron content in the human body,
and bind them together. The transferrin family derivative is present in
extensive quantities in various parts of the human body including, tears, nasal
secretions, milk, and saliva.
The multifunctional protein helps to
separate the free iron in the human body and also remove any content which
promotes bacterial activity. The transferring family derivative helps to
inhibit the bacterial growth by binding the lipopolysaccharides with bacterial
walls and thus forming peroxides. Owing to this ability of the multifunctional
protein, it is widely used in the healthcare sector for curing and preventing
bacterial infections & diseases. The antibacterial function of lactoferrin
is projected to show a high growth over the next eight years. The antibacterial
function segment had a market share of 20.4% in 2016.
Infant formula application segment is
expected to have a steady growth rate over the next eight years with an
estimated CAGR of 8.1%. The multifunctional protein is the key component of
human milk required for infants as they help in iron absorption and its transportation.
Cow’s milk contains the multifunctional protein in minute quantities of 0.1
mg/mL, whereas infants require it in the quantities of 2-3 mg/mL. Commercially
produced infant formula with lactoferrin content has high iron absorption,
antibacterial, and antioxidation properties. This factor is projected to propel
the infant formula segment growth over the next eight years.
To request a sample copy
or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/lactoferrin-market
http://www.grandviewresearch.com/industry-analysis/lactoferrin-market
Further key findings from the report suggest:
· The global lactoferrin demand was 255.0
tons in 2016 and is expected to grow at a CAGR of 8.1% from 2017 to 2025
· Iron absorption emerged as the largest
function segment in 2016 and is estimated to be worth 151.9 tons by 2025
· Intestinal flora protection is anticipated
to be the fastest growing function segment over the next eight years and is
estimated to grow at a CAGR of 8.7%
· The global lactoferrin demand in food &
beverages application was valued at USD 19.7 million in 2016 and is anticipated
to witness steady growth over the next eight years
· Industry participants include Metagenics,
Pharming Group N.V., Vitalus Nutrition Inc., Ingredia SA., MP Biomedicals,
Glanbia Nutritionals, Farbest Brands, Fonterra Co-Operative Group Ltd., and
ProHealth
Grand View Research has segmented the
global lactoferrin market on the basis of function, application, and region:
Lactoferrin Function Outlook (Revenue, USD
Million; Volume Tons, 2014 - 2025)
·
Iron absorption
·
Anti-inflammatory
·
Intestinal flora protection
·
Antibacterial
·
Immune cell stimulation
·
Antioxidant
Lactoferrin Application Outlook (Revenue,
USD Million; Volume Tons, 2014 - 2025)
·
Food & beverages
·
Infant formula
·
Sports & functional food
·
Animal feed
·
Pharmaceuticals
·
Personal care products
Lactoferrin Regional Outlook (Revenue, USD
Million; Volume Tons, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
