About Lactoferrin Supplements -
Lactoferrin (Lf), a multifunctional iron-binding glycoprotein belonging to the transferrin family, is found in most biological secretions and is found in particularly high amounts in colostrum and breast milk. Lactoferrin is a mediator between innate and adaptive immune responses, with non-immune defence being one of its main functions. The US Food and Drug Administration has approved Lf from bovine milk (bLf), the most often used Lf in human medicine due to its abundance, as a generally recognised as safe food additive (GRAS). Antianemic, anti-inflammatory, antibacterial, immunomodulatory, antioxidant, and anticancer properties are among the various protective actions exerted by this nutraceutical protein following oral treatment. All of these actions highlight the importance of bLf in host defence, as it is an excellent nutraceutical product in terms of both cost and ingestion tolerance.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Lactoferrin Supplements - market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Hilmar Cheese Company (United States), Pharming Group NV (Netherlands), Synlait Milk Ltd. (New Zealand), FrieslandCampina (Netherlands), Ingredia SA (France), MP Biomedicals (Valiant) (United States), Tatura Milk Industries Ltd. (Australia), Glanbia plc (Ireland), APS BioGroup (United States) and ProHealth Care, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Fonterra Cooperative Group Ltd. (New Zealand), Farbest Brands (United States), InVitria (United States), Milei GmbH (Morinaga Milk Industry) (Germany) and Ferrin-tech LLC (United States).
Segmentation Overview
AMA Research has segmented the market of Global Lactoferrin Supplements - market by , Application (Food & Beverages, Infant Formula, Sports & Functional Foods, Pharmaceuticals, Personal Care Products, Animal Feed and Others) and Region.
On the basis of geography, the market of Lactoferrin Supplements - has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Tablets will boost the Lactoferrin Supplements - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution, the sub-segment i.e. Hypermarkets/Supermarkets will boost the Lactoferrin Supplements - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Bottle will boost the Lactoferrin Supplements - market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Investment in Healthcare R&D
Market Growth Drivers:
Rising Healthcare Awareness and Growing Geriatric Population
Challenges:
Supply Limitations and Presence of Counterfeit Products
Restraints:
Raw Material Price Fluctuation
Opportunities:
Increasing Healthcare Infrastructure Across Emerging Regions
Market Leaders and their expansionary development strategies
In
In January 2021, FrieslandCampina Introduced its New Immune Supplement Under its Biotis Brand. The Key Ingredient in the New Biotis Chewable Gummies is Lactoferrin for Immune Protection Against Bacteriological Infections and Help Reduce the Risk of Iron Deficiency for Both Adult and Infant Use., On 5th June, 2020 - Jatenergy Launched New Probiotic, Lactoferrin Dairy Range. The Line Includes Two New Lactoferrin-Enriched Milk Powder Products, Consisting of First-of-its-kind Lactoferrin-Enriched Camel Milk and A2 Milk Powder, to be Sold under its “Auveno” and “Abbeyard” Brands Respectively. and In 2020, MILEI GmbH, the German subsidiary of Morinaga Milk, announced the expansion of its lactoferrin production capacity. MILEI's current lactoferrin limits will be significantly expanded, with the extension expected to be completed by April 2021.
Key Target Audience
Lactoferrin Supplements Manufactures, New Entrants and Investors, Lactoferrin Supplements Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.