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Global Lactoferrin Market Size, Share, Trends & Indstry Report to 2026

11-24-2020 12:28 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global lactoferrin market is anticipated to grow at a CAGR of 6.8% over the forecast period (2020-2026). The key factors that drive the growth of the market include the incorporation of lactoferrin in a wide range of end-uses such as infant formula, sports & functional food, pharmaceuticals, personal care products, and others.

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Lactoferrin works by stimulating the immune system and restricts the damaging of the cell by aging. It aids in enhancing the working of the beneficial bacterial present in the intestinal tract, regulates bacteria, fungi, and viruses along with being regulating the iron levels and metabolism. It is also consumed for the treatment of hepatitis C infection along with several other disorders. Hence, the strong applicability of lactoferrin in various end-uses and industries are likely to enhance the demand for lactoferrin over the forecast period.

A Full Report of Global Lactoferrin Market is Available at: https://www.omrglobal.com/industry-reports/lactoferrin-market

Besides, a gradual rise in the cases of skin-related disorders also creates a wide scope for the growth of the lactoferrin market over the forecast period, as it has been considered an effective treatment for skin-related diseases even acne. Furthermore, for the manufacturing of infant formula, sports & functional food, and cosmetics, lactoferrin is highly used owing to its properties. Hence, this further supports the growth of the lactoferrin market. However, some of the factors that might hinder the growth include the high cost associated with the product, various side effects of lactoferrin if consumed in excess, and lack of awareness among the under-developing economies.

Global Lactoferrin Market – Segmentation

By Function

Antioxidant
Anti-Inflammatory
Antibacterial
Iron Absorption
Intestine Flora Protection
Immune Cell Stimulation

By End-Use

Infant Formula
Food Products
Pharmaceuticals
Personal Care Products
Others

Global Lactoferrin Market – Segmentation by Region

North America

US
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/lactoferrin-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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