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.
U.S. lactoferrin market revenue by function, 2014 - 2025
(Tons)
Browse full research report on
Lactoferrin
Market Analysis:
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
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