A new Report by Delvens, titled "Lactoferrins Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global Lactoferrins market size is projected to reach USD 290 million by 2026 at a CAGR of 8.4% from USD 222 million in 2021 during the forecast to 2028.
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Regional Analysis
Asia Pacific is expected to be the largest market during the forecast period. The increase literacy and awareness amongst the people along with the expanding population and raised spending capacity of people has led to the expansion of market in the region.
Key Players of Lactoferrins Market
· Hilmar Cheese Company
· Pharming Group NV
· FrieslandCampina
· Synlait Milk Ltd.
· Ingredia SA
· MP Biomedicals
· Tatura Milk Industries Ltd.
· Glanbia plc
· APS BioGroup
· ProHealth
· Fonterra Cooperative Group Ltd.
· Farbest Brands
· InVitria
· Milei GmbH
· Ferrin-tech LLC and More
Lactoferrin is a milk-based protein found in the milk of both human and cow. The colostrum which is the first produced by the mother after delivery contains higher amounts of lactoferrin as compared to the following milk production. It is believed to be an immunity booster.
Increased use in the field of dermatology and acne treatment is the factors that have supported long-term expansion for Lactoferrins Market.
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Recent Developments
In March 2019, Hong Kong Jin Gang Trade Holding Limited announced the complete acquisition of of Westland Co-operative Dairy Company Limited in order to strengthen its market position in New Zealand.
Lactoferrins Market is segmented into function, application and geography.
On the basis of Function
· Iron Absorption
· Anti-inflammatory
· Intestinal Flora Protection
· Antibacterial
· Immune Cell Stimulation
· Antioxidant
On the basis of Application
· Food & Beverages
· Infant Formula
· Sports & Functional Foods
· Pharmaceuticals
· Personal Care Products
· Animal Feed
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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In addition to the market data for Lactoferrins Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
Reasons to Acquire
· Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
· Gain authentic and granular data access for Lactoferrins market so as to understand the trends and the factors involved behind changing market situations
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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