Global Lactoferrin Market- Industry Trends & Forecast Report 2027
The global lactoferrin market has reached USD 225.22 million in 2020. It is
further projected to reach USD 393.12million by 2027, at a CAGR of 7.9% during
the forecast period (2021-2027). The global lactoferrin market is expected to
be driven by increasing health awareness among the population, an increase in
the number of skin allergies and diseases, as well as the growth of the global acne
Companies operating in the global
lactoferrin market are investing heavily in the R&D of new products and
technologies, which is expected to drive the market during the forecast period.
Lactoferrin is generally found in milk and is an essential part of the diet of
babies and toddlers. Nowadays, milk protein is processed in a variety of ways
and used in a variety of nutritious powders, beverages, and snacks. Lactoferrin,
which was first discovered in 1939, has a distinctive pink color in its pure
form. Lactoferrin has various sources, but the highest concentration of
lactoferrin is found in human milk.
Source: BlueWeave Consulting
Global Lactoferrin MarketOverview:
Lactoferrin is a natural iron-binding
milk glycoprotein found in human milk and bovine milk. Bovine is a term used to
refer to domestic animals of the species Bostaurus (cattle) or Bubalusbubalis
(water buffalo), and also includes hybrids like Beefalo. The concentration of lactoferrin is highest in human colostrum. Colostrum is the term used for the
first form of milk produced from the mammary glands of mammals. The concentration
of lactoferrin in the human colostrum can be as high as six times of bovine
colostrum. Human colostrum contains 6-8 gm of lactoferrin per liter of milk,
while bovine colostrum contains only 1 gm of lactoferrin per liter of milk.
Scientific studies show that lactoferrin boosts the human immune system as it
possesses antimicrobial, antioxidant, and anti-carcinogenic properties, which
provide numerous health benefits.
Global LactoferrinMarketForecast and Trends
amongst consumers regarding health and diet
With time, people
are getting more and more aware of the pros and cons of what they are
consuming. Cow milk is believed to cause anemia in babies and toddlers, despite
being one of the healthiest diets. Moreover, excessive consumption of cow milk
can even cause anemia in adults. According to WHO, 42% of children less than 5
years of age and 40% of pregnant women worldwide are anemic.
Lactoferrin is a
new generation solution against anemia. It's been recognized as a member of the
transferrin family for a long time and is important for regulating the body's
iron levels. It enhances the iron-binding properties of fluids in the body,
increases the number of red blood cells, hemoglobin levels, serum ferritin, and
total iron levels. All these properties of lactoferrin are contributing to the
increasing popularity of lactoferrin, which in turn, are expected to drive the
global lactoferrin market during the forecast period.
Increasing prevalence of skin diseases
Skin diseases are
one of the most common diseases in the world, and their prevalence is on the
rise. According to the American Academy of Dermatology Association, about 50
million Americans are affected by acne each year, with 85% of those aged 12 to
24 suffering from mild acne. Acne is typically triggered during puberty or a woman's
menstrual cycle, or by excess oil production by the sebaceous glands. It
is usually related to a hormonal imbalance in the body. According to WHO, acne
is the 8th most prevalent disease in the world.
widely used for treating acne due to its antibacterial and antiviral
properties. Moreover, Lactoferrin, combined with Vitamin E and Zinc, improves
acne in 30 days. With the market of personal hygiene and beauty products
growing, the application of lactoferrin is also increasing. This increasing use
of lactoferrin is expected to affect the global lactoferrin market positively
and contribute to the growth of the market during the forecast period.
effects of lactoferrin may impede the growth of the global lactoferrin market
Lactoferrinoffers a variety of health benefits, but
it also has some side-effects. Lactoferrin has no side effects in normal doses,
but it can cause problems when taken in excessive quantity. Excessive intake of
lactoferrin is associated with diarrhea, skin rash, loss of appetite, fatigue,
chills, and constipation. Up to 250 mg daily dose of lactoferrin is said to be
safe for pregnant women. Nevertheless, it is advisable to consult the doctor
before taking a high dose of lactoferrin. These limitations are expected to limit
the growth of the global lactoferrin market in the forecast period.
Market: By Function
Lactoferrinperforms a host of functions, including
iron absorption, anti-inflammatory, intestinal flora protection, and antibacterial
protection, among others. The global Lactoferrin Market has been witnessing
increasing demand for lactoferrin due to its iron absorption properties.
Generally, ferrous sulfate is used as a cure for anemia but lactoferrin is a
new generation alternative of ferrous sulfate. It has a high level of
bioavailability and is completely natural. It also increases serum ferritin
levels by almost five times and facilitates easy absorption of iron into the
body. The demand for lactoferrinis also soaring because of its excellent
antibacterial properties and its ability to prevent the formation of harmful biofilm.
Pharmaceutical companies are working towards incorporating lactoferrin in many
antibacterial and antimicrobial drugs. Iron binding properties, along with
antibacterial & antimicrobial properties with increasing demand from the pharmaceutical
industry are expected to contribute to the growth of the global lactoferrin
market during the forecast period.
Impact of COVID-19 in the industry
The onset of novel coronavirus has affected the global
economy besides affecting business operations. Due to the high infection rate
and adverse impact on public health systems, various countries had to enforce
nationwide lockdowns. Industry players are currently considering digital diagnostic
and treatment solutions to serve the community and provide newfangled opportunities
to do business.
COVID-19 has significantly impacted the development of new
treatment methods, medicines, and related services, as almost 90% of all
clinical trials were either completely shut down or put on hold indefinitely.
Many industries were shut down and plants were either running on low capacity
or were shut down entirely. Supply chains and distribution channels were also
severely affected, which in turn affected the global lactoferrin market as the
demand for lactoferrin took a massive hit. Nevertheless, with countries easing
their lockdown restrictions, border restrictions are slowly being eased and industries
are reopening. Therefore, the demand for lactoferrin is expected to grow
steadily in the future.
Global Lactoferrin Market: By Application
various applications across many industries, including food & beverages,
sports & functional foods, infant formula, and many other applications. For
example, Anemia is very prevalent among infants. According to the World Health Organization
(WHO), around 57% of babies below the age of 5 years are suffering from anemia
in India. The situation in Africa is much worse, with more than half of all
children under the age of five suffering from anemia in the majority of
countries. The global lactoferrin market has seen rising demand and application
in infant formulas and medicines due to its high bioavailability and excellent
iron-binding properties. This segment is also expected to grow during the
forecast period and contribute to the growth of the global lactoferrin market. The
personal care products and pharmaceuticals segment also witnessed an increasing
application of lactoferrin owing to its antibacterial, anti-inflammatory, and
antimicrobial properties. These factors are expected to contribute
significantly towards the growth of the global lactoferrin market during the
Global Lactoferrin Market: Regional Insights
global lactoferrin market is segmented into five regions: North America,
Europe, the Asia-Pacific, Latin America, and the Middle East & Africa.
Asia-Pacific market accounts for the largest share in the global lactoferrin
market and is expected to lead the market during the forecast period as well.
the largest market in the global lactoferrin market due to the large population
of infants, the high occurrence rate of anemia among children, and the growing
market of pharmaceuticals and personal care segments. For example, India, one
of the largest economies in Asia and also in the world, has more than 50% of children
below 5 years of age suffering from anemia. Other Asian countries also have a
very high percentage of children suffering from anemia. The rising demand for personal
care products in Asia-Pacific have also contributed to the region’s large market share
in the global lactoferrin market.
With a high demand for
lactoferrin in baby formula, acne remedy products, and therapies, and
pharmaceuticals segment, North America has the second-largest share of the
global lactoferrin market. Europe accounted for the third-largest market share
followed by the Middle East & Africa and Latin America. A similar trend is
expected to be continued during the forecast period.
The global lactoferrin market is fragmented in
nature. Some of the key players operating in the market Metagenics, Inc.,
Westland Cooperative Dairy Co., Ltd, Morinaga Milk Industry Co., Ltd, Synlait
Milk Ltd., Ingredia SA, Bega Bionutrients, MP Biomedicals, Tatura Milk
Industries Ltd, Glanbia PLC, APS BioGroup, and other prominent players. Acquisitions
and effective mergers are some of the strategies adopted by the key
manufacturers. New product launches and a focus on continuous technology
innovations are also strategies adopted by the major industry players. The
companies are also trying to dominate the market by investing in research and
Various companies are striving to gain market
share by adopting competitive strategies such as joint ventures and research
market players compete based on product quality, standard compliance, performance,
as well as the cost-effective manufacturing process, which in
turn optimizes the process for better production.
October 2020, Morinaga Milk announced that its German
subsidiary, MILEI GmbH will increase its lactoferrin production capacity.MILEI's
current lactoferrin capacity will be more than doubled, and the expansion is
scheduled to be finished by April 2021.
August 2019, Westland Co-operative Dairy Company Limited
was acquired by Inner Mongolia Yili Industrial Group Company Limited for USD
588 million. Westland
Co-operative Dairy company is New Zealand's second-largest dairy co-operative,
and Yili Group is the largest dairy enterprise in China.
of the Report
Historical data – 2017-2020
Base Year – 2021
Forecast – 2022 – 2027
Revenue in USD Million
U.S, Canada, Germany, UK, France, Italy,
Spain, Brazil, Mexico, Japan, South Korea, China, India, Argentina, AUAE,
South Africa, Saudi Arabia
By Function, Application, and Region
Key players operating in the market include
Metagenics, Inc., Westland Cooperative Dairy Co., Ltd, Morinaga Milk Industry
Co., Ltd, Synlait Milk Ltd., Ingredia SA, Bega Bionutrients, MP Biomedicals,
Tatura Milk Industries Ltd, Glanbia PLC, APS BioGroup, and other prominent
Scope of the
By Function (Value, USD
By Application (Value, USD Million: 2017-2027)
& Functional Foods
Middle-East & Africa (MEA)
is the current size of the global lactoferrin market?
Ans: The current size of
the global lactoferrin market is USD 225.22 million.
are the major factors driving the growth of the global lactoferrin market?
Ans: Increasing health
awareness among the population, increasing incidences of skin diseases and growing
anemia cases in infants and babies are some of the major factors driving the
growth of the global lactoferrin market.
are the key players in the global lactoferrin market?
Ans: Metagenics, Inc., Westland Cooperative Dairy Co.,
Ltd, Morinaga Milk Industry Co., Ltd, Synlait Milk Ltd., and Ingredia SA are
some of the key players operating in the global lactoferrin market.
application segment accounted for the largest market share in the global lactoferrin market?
Ans: Infant formulations
accounted for the largest market share in the global lactoferrin market.
region accounted for the largest market share in the global lactoferrin market?
Ans: The Asia-Pacific
region accounted for the largest market share in the global lactoferrin market.