Bovine Lactoferrin Market Size, Share, and Analysis, By Type (Freeze dried & milled, Spray Dried Powder), By Application (Dietary supplements, Infant Formula, Pharmaceuticals, Food and Others), By Function (Iron Absorption, Immune Cell Stimulation, Antibacterial, Others) and Regional Forecasts, 2022-2032
Bovine Lactoferrin Market Size, Share, and Analysis, By Type (Freeze dried & milled, Spray Dried Powder), By Application (Dietary supplements, Infant Formula, Pharmaceuticals, Food and Others), By Function (Iron Absorption, Immune Cell Stimulation, Antibacterial, Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW:
Bovine lactoferrin is a protein present in human and cow milk. Lactoferrin is als%li%found in fluids of eye, respiratory tract, nose, and intestine. Lactoferrin reduces the speed of bacteria by assisting them with nutrients. Lactoferrin even disrupts walls around bacteria and helps in the iron absorption int%li%the physique from intestine. Lactoferrin in mother's breast milk is said t%li%protect infants against infections on consuming. The key players are focusing on introducing new cost effective and affordable products of bovine lactoferrin as it improves the body’s immunity which may support in the market growth.
MARKET HIGHLIGHTS
Bovine Lactoferrin Market is expected t%li%project a CAGR of 12.6% during the forecast period, 2022-2032
Bovine Lactoferrin Market is expected t%li%reach USD 2042.8 million, growing at a CAGR of 12.6% during forecast period owing t%li%the growing demand for dietary supplements and increasing demand and necessity of nutritional foods which is anticipated t%li%boost the growth of bovine lactoferrin market. The trend of convenient feeding is increasing which has supported the key manufacturers of infant food t%li%introduce nutrient-rich supplements t%li%help the working moms globally. Lactoferrin has the capability t%li%treat skin disorders and is administered in pharmaceutical & personal care items, anti-viral, antibacterial and anti-inflammatory purposes.
BOVINE LACTOFERRIN MARKET SEGMENTATION:
Spray Dried Powder segment is expected t%li%grow with high CAGR during the forecast period
Bovine Lactoferrin Market is classified based on the Type int%li%Freeze dried & milled, Spray Dried Powder. The Freeze dried & milled segment dominated the market in 2021 owing t%li%the antioxidant activity, improved quality of the end product, and high iron-binding capacity. The Spray Dried Powder segment dominate the market in the forecast period owing t%li%its suitability for bulk application and the presence of several advantages like scalability, flexibility which are expected t%li%boost the growth of the segment in the market.
Dietary supplements segment is expected t%li%grow with high CAGR during the forecast period
Bovine Lactoferrin Market is classified based on the Application int%li%Dietary supplements, Infant Formula, Pharmaceuticals, Food and Others. Infant Formula segment dominated the market in 2021 due t%li%the presence of several clinical benefits of these products like growing immunity and digestion in infants. Dietary supplements segment is expected t%li%dominate the market in the forecast period due t%li%the increasing awareness for healthy living by adopting healthy dietary habits which is expected t%li%boost market growth.
MARKET DYNAMICS:
Growth Drivers
Increasing Demand for Dietary Supplements is Expected t%li%Boost the Growth of the Market
Growing Incidence of Ulcers is Expected t%li%Boost the Growth of the Market
Restraint
High Cost of Products May Restrain the Growth of the Market
BOVINE LACTOFERRIN MARKET
Key Players Covered:
PRODUCT OVERVIEW:
Bovine lactoferrin is a protein present in human and cow milk. Lactoferrin is als%li%found in fluids of eye, respiratory tract, nose, and intestine. Lactoferrin reduces the speed of bacteria by assisting them with nutrients. Lactoferrin even disrupts walls around bacteria and helps in the iron absorption int%li%the physique from intestine. Lactoferrin in mother's breast milk is said t%li%protect infants against infections on consuming. The key players are focusing on introducing new cost effective and affordable products of bovine lactoferrin as it improves the body’s immunity which may support in the market growth.
MARKET HIGHLIGHTS
Bovine Lactoferrin Market is expected t%li%project a CAGR of 12.6% during the forecast period, 2022-2032
Bovine Lactoferrin Market is expected t%li%reach USD 2042.8 million, growing at a CAGR of 12.6% during forecast period owing t%li%the growing demand for dietary supplements and increasing demand and necessity of nutritional foods which is anticipated t%li%boost the growth of bovine lactoferrin market. The trend of convenient feeding is increasing which has supported the key manufacturers of infant food t%li%introduce nutrient-rich supplements t%li%help the working moms globally. Lactoferrin has the capability t%li%treat skin disorders and is administered in pharmaceutical & personal care items, anti-viral, antibacterial and anti-inflammatory purposes.
BOVINE LACTOFERRIN MARKET SEGMENTATION:
Spray Dried Powder segment is expected t%li%grow with high CAGR during the forecast period
Bovine Lactoferrin Market is classified based on the Type int%li%Freeze dried & milled, Spray Dried Powder. The Freeze dried & milled segment dominated the market in 2021 owing t%li%the antioxidant activity, improved quality of the end product, and high iron-binding capacity. The Spray Dried Powder segment dominate the market in the forecast period owing t%li%its suitability for bulk application and the presence of several advantages like scalability, flexibility which are expected t%li%boost the growth of the segment in the market.
Dietary supplements segment is expected t%li%grow with high CAGR during the forecast period
Bovine Lactoferrin Market is classified based on the Application int%li%Dietary supplements, Infant Formula, Pharmaceuticals, Food and Others. Infant Formula segment dominated the market in 2021 due t%li%the presence of several clinical benefits of these products like growing immunity and digestion in infants. Dietary supplements segment is expected t%li%dominate the market in the forecast period due t%li%the increasing awareness for healthy living by adopting healthy dietary habits which is expected t%li%boost market growth.
MARKET DYNAMICS:
Growth Drivers
Increasing Demand for Dietary Supplements is Expected t%li%Boost the Growth of the Market
Growing Incidence of Ulcers is Expected t%li%Boost the Growth of the Market
Restraint
High Cost of Products May Restrain the Growth of the Market
BOVINE LACTOFERRIN MARKET
Key Players Covered:
- FrieslandCampina DOMO
- Bega Cheese Ltd.
- MILEI GmbH
- Beston Global Food Company Ltd
- Glanbia Plc.
- Synlait Ltd.
- SAVENCIA SA
- Noumi Limited
- FREEDOM FOODS GROUP LIMITED
- Saput%li%Dairy Australia Pty Ltd.
- Ingredia
- Other Prominent Players
- Reasons t%li%Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight int%li%the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
1.1. Regional Market Share
1.2. Business Trends
1.3. Bovine Lactoferrin Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2.RESEARCH METHODOLOGY
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3.MARKET CHARACTERISTICS
3.1. Market Definition
3.2. Bovine Lactoferrin Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4.BOVINE LACTOFERRIN MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5.MACROECONOMIC INDICATORS
6.RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8.RISK ANALYSIS
9.MARKET ANALYSIS
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. BOVINE LACTOFERRIN MARKET
10.1.Overview
10.2.Historical Analysis (2016-2021)
10.2.1.Market Size, Y-o-Y Growth (%) and Market Forecast
11. BOVINE LACTOFERRIN MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2.Key Findings
11.3. Market Segmentation
11.3.1.By Type
11.3.1.1.Freeze dried & milled
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2. Market Share (%) 2022-2032F
11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.2.Spray Dried Powder
11.3.1.2.1. By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.By Application
11.3.2.1.Dietary supplements
11.3.2.1.1. By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2.Infant Formula
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2. Market Share (%) 2022-2032F
11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.3.Pharmaceuticals
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2. Market Share (%) 2022-2032F
11.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.4.Food
11.3.2.4.1. By Value (USD Million) 2022-2032F
11.3.2.4.2. Market Share (%) 2022-2032F
11.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.5.Others
11.3.2.5.1. By Value (USD Million) 2022-2032F
11.3.2.5.2. Market Share (%) 2022-2032F
11.3.2.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.By Function
11.3.3.1.Iron Absorption
11.3.3.1.1. By Value (USD Million) 2022-2032F
11.3.3.1.2. Market Share (%) 2022-2032F
11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.2.Immune Cell Stimulation
11.3.3.2.1. By Value (USD Million) 2022-2032F
11.3.3.2.2. Market Share (%) 2022-2032F
11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.3.Antibacterial
11.3.3.3.1. By Value (USD Million) 2022-2032F
11.3.3.3.2. Market Share (%) 2022-2032F
11.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.4.Others
11.3.3.4.1. By Value (USD Million) 2022-2032F
11.3.3.4.2. Market Share (%) 2022-2032F
11.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
12. NORTH AMERICA BOVINE LACTOFERRIN MARKET SIZE & FORECAST 2022A-2032F
12.1.Overview
12.2.Key Findings
12.3.Market Segmentation
12.3.1.By Type
12.3.2.By Application
12.3.3.By Function
12.4.Country
12.4.1.United States
12.4.2.Canada
13. EUROPE BOVINE LACTOFERRIN MARKET SIZE & FORECAST 2022A-2032F
13.1.Overview
13.2.Key Findings
13.3.Market Segmentation
13.3.1.By Type
13.3.2.By Application
13.3.3.By Function
13.4. Country
13.4.1.Germany
13.4.2.United Kingdom
13.4.3.France
13.4.4.Italy
13.4.5.Spain
13.4.6.Russia
13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. ASIA BOVINE LACTOFERRIN MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2.Key Findings
14.3.Market Segmentation
14.3.1.By Type
14.3.2.By Application
14.3.3.By Function
14.4. Country
14.4.1.India
14.4.2.China
14.4.3.South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15. MIDDLE EAST AND AFRICA BOVINE LACTOFERRIN MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2.Key Findings
15.3. Market Segmentation
15.3.1.By Type
15.3.2.By Application
15.3.3.By Function
15.4. Country
15.4.1.Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4.South Africa
15.4.5.Rest of Middle East and Africa
16. LATIN AMERICA BOVINE LACTOFERRIN MARKET SIZE & FORECAST 2022A-2032F
16.1.Overview
16.2.Key Findings
16.3.Market Segmentation
16.3.1.By Type
16.3.2.By Application
16.3.3.By Function
16.4. Country
16.4.1.Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1.Company market share, 2021
17.2.Key player overview
17.3.Key stakeholders
18. COMPANY PROFILES
18.1. FrieslandCampina DOMO
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2.Key Clients
18.1.4.3.Market Share
18.1.4.4.Recent News & Development (Last 3 Yrs.)
18.1.4.5.Executive Team
18.2. Bega Cheese Ltd.
18.3. MILEI GmbH
18.4. Beston Global Food Company Ltd
18.5. Glanbia Plc.
18.6. Synlait Ltd.
18.7. SAVENCIA SA
18.8. Noumi Limited
18.9. FREEDOM FOODS GROUP LIMITED
18.10.Saputo Dairy Australia Pty Ltd.
18.11.Ingredia
18.12.Other Prominent Players
19. APPENDIX
20. CONSULTANT RECOMMENDATION
1.1. Regional Market Share
1.2. Business Trends
1.3. Bovine Lactoferrin Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2.RESEARCH METHODOLOGY
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3.MARKET CHARACTERISTICS
3.1. Market Definition
3.2. Bovine Lactoferrin Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4.BOVINE LACTOFERRIN MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5.MACROECONOMIC INDICATORS
6.RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8.RISK ANALYSIS
9.MARKET ANALYSIS
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. BOVINE LACTOFERRIN MARKET
10.1.Overview
10.2.Historical Analysis (2016-2021)
10.2.1.Market Size, Y-o-Y Growth (%) and Market Forecast
11. BOVINE LACTOFERRIN MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2.Key Findings
11.3. Market Segmentation
11.3.1.By Type
11.3.1.1.Freeze dried & milled
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2. Market Share (%) 2022-2032F
11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.2.Spray Dried Powder
11.3.1.2.1. By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.By Application
11.3.2.1.Dietary supplements
11.3.2.1.1. By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2.Infant Formula
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2. Market Share (%) 2022-2032F
11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.3.Pharmaceuticals
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2. Market Share (%) 2022-2032F
11.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.4.Food
11.3.2.4.1. By Value (USD Million) 2022-2032F
11.3.2.4.2. Market Share (%) 2022-2032F
11.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.5.Others
11.3.2.5.1. By Value (USD Million) 2022-2032F
11.3.2.5.2. Market Share (%) 2022-2032F
11.3.2.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.By Function
11.3.3.1.Iron Absorption
11.3.3.1.1. By Value (USD Million) 2022-2032F
11.3.3.1.2. Market Share (%) 2022-2032F
11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.2.Immune Cell Stimulation
11.3.3.2.1. By Value (USD Million) 2022-2032F
11.3.3.2.2. Market Share (%) 2022-2032F
11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.3.Antibacterial
11.3.3.3.1. By Value (USD Million) 2022-2032F
11.3.3.3.2. Market Share (%) 2022-2032F
11.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.4.Others
11.3.3.4.1. By Value (USD Million) 2022-2032F
11.3.3.4.2. Market Share (%) 2022-2032F
11.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
12. NORTH AMERICA BOVINE LACTOFERRIN MARKET SIZE & FORECAST 2022A-2032F
12.1.Overview
12.2.Key Findings
12.3.Market Segmentation
12.3.1.By Type
12.3.2.By Application
12.3.3.By Function
12.4.Country
12.4.1.United States
12.4.2.Canada
13. EUROPE BOVINE LACTOFERRIN MARKET SIZE & FORECAST 2022A-2032F
13.1.Overview
13.2.Key Findings
13.3.Market Segmentation
13.3.1.By Type
13.3.2.By Application
13.3.3.By Function
13.4. Country
13.4.1.Germany
13.4.2.United Kingdom
13.4.3.France
13.4.4.Italy
13.4.5.Spain
13.4.6.Russia
13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. ASIA BOVINE LACTOFERRIN MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2.Key Findings
14.3.Market Segmentation
14.3.1.By Type
14.3.2.By Application
14.3.3.By Function
14.4. Country
14.4.1.India
14.4.2.China
14.4.3.South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15. MIDDLE EAST AND AFRICA BOVINE LACTOFERRIN MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2.Key Findings
15.3. Market Segmentation
15.3.1.By Type
15.3.2.By Application
15.3.3.By Function
15.4. Country
15.4.1.Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4.South Africa
15.4.5.Rest of Middle East and Africa
16. LATIN AMERICA BOVINE LACTOFERRIN MARKET SIZE & FORECAST 2022A-2032F
16.1.Overview
16.2.Key Findings
16.3.Market Segmentation
16.3.1.By Type
16.3.2.By Application
16.3.3.By Function
16.4. Country
16.4.1.Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1.Company market share, 2021
17.2.Key player overview
17.3.Key stakeholders
18. COMPANY PROFILES
18.1. FrieslandCampina DOMO
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2.Key Clients
18.1.4.3.Market Share
18.1.4.4.Recent News & Development (Last 3 Yrs.)
18.1.4.5.Executive Team
18.2. Bega Cheese Ltd.
18.3. MILEI GmbH
18.4. Beston Global Food Company Ltd
18.5. Glanbia Plc.
18.6. Synlait Ltd.
18.7. SAVENCIA SA
18.8. Noumi Limited
18.9. FREEDOM FOODS GROUP LIMITED
18.10.Saputo Dairy Australia Pty Ltd.
18.11.Ingredia
18.12.Other Prominent Players
19. APPENDIX
20. CONSULTANT RECOMMENDATION
