Lactoferrin/lactotransferrin is a glycoprotein and is widely present in secretory fluids of the body like: saliva, milk, tears & nasal secretions. It is extracted/purified from milk or is produced recombinantly to be sold commercially to substitute the defense system of the body. Lactoferrin is a component of the immune system in the body and has antimicrobial activity & mostly lactoferrins provide antibacterial activity to human infants. Lactoferrin is available commercially in various forms like: capsules & powders. Various functions of lactoferrins are: Iron Absorption, Antibacterial, Anti-inflammatory, Antioxidant, Intestinal Flora Protection, treating stomach & intestinal ulcers, diarrhea, hepatitis C and Immune Cell Stimulation.
Lactoferrin Market: Key Players
The research study includes profiles of leading companies operating in the global lactoferrin market. Key players profiled in the report include: FrieslandCampina DMV, Metagenics, Pharming Group N.V., Vitalus Nutrition Inc., Westland Co-Operative Dairy Co. Ltd., Synlait Milk Ltd., Ingredia SA, MP Biomedicals, Tatura Milk Industries Ltd., Glanbia Nutritionals, APS BioGroup, ProHealth, Fonterra Co-Operative Group Ltd., Frabest Brands, Invitria, Milei GmbH and Bega Bionutrients.
Drivers for the Global Lactoferrin Market:
Rising demand of lactoferrin due to its antimicrobial characteristics that protect the human body against many pathogens, rise in the number of geriatric population & several developments in medical science, increasing number of anemic patients who require a proper nutrition and increasing usage of lactoferrin in the dermatology industry due to its functions in treating acne & other skin issues. Hence these factors are the major drivers of the market and are owing to increasing the disposable income and growth of the industry.
Opportunities for the Global Lactoferrin Market:
Moreover, due to increasing number of birth rate as lactoferrins help in developing resistance in newborns toward various infections & also biological activities that are essential for maintaining infant health, increasing number of personal care products, increasing clinical nutrition companies and rising awareness related to diet & healthy lifestyles through proteins. Hence these factors are owing to provide future opportunities for the growth of the industry.
Restrains for the Global Lactoferrin Market:
However, However, a cheap substitute in the form of generics for the elderly, lactoferrin taken in very high doses can cause: skin rash, loss of appetite, fatigue, chills & constipation and many new protein formulas as well as fake formulas that are sold commercially. Hence these factors are majorly hampering the growth of the lactoferrin industry.
Region Wise, Global Lactoferrin Market Analysis:
Asia Pacific held major share in the market due to general economic conditions, increasing spending ability of the consumers, existence of large customer base, high birth rate among population and investment in new technology. Besides North America and Europe held a large share in the market.
Global Lactoferrin Market: Product analysis
- Freeze Dried Lactoferrin
- Spay Dried Lactoferrin
Global Lactoferrin Market: Application analysis
- Food & Beverages
- Infant Formula
- Sports & Functional Foods
- Personal Care Products
Global Lactoferrin Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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