openPR Logo
Press release

4 Pivotal Trends Stimulating the Growth of Lactoferrin Market

Growing health consciousness among people and increasing proclivity towards healthy dietary lifestyle has tremendously increased the demand for efficient nutritional products. This has apparently evoked the adoption of lactoferrin supplements, foods and pharmaceutical products. The growing adoption can aptly be attributed to the benefits of lactoferrin such as iron absorption ability as well as anti-inflammatory, antibacterial, antioxidant and immunity boosting abilities in line with the novel product innovations by various industry conglomerates.

Quoting an instance, in 2021, FrieslandCampina Ingredients announced the addition of an immune support product Biotis Lactoferrin to its portfolio of Biotis brand. Besides, worldwide outbreak of COVID-19 is expected to fuel the demand for lactoferrin across pharmaceutical sector as it provides in- vitro antiviral efficacy owing to its superior anti-inflammatory and immunomodulatory properties. These factors are providing lucrative growth prospects for the industry.

According to a recent report by Global Market Insights, Inc., lactoferrin market size is projected to exceed USD 315 million by 2027, in light of below mentioned trends:

Strategic initiatives by major industry players:
Increasing product demand across the globe has urged industry players to develop new and enhanced products to effectively serve the consumer demand. They are also taking up strategic initiatives like mergers, acquisition and capacity expansion to gain a strong market presence. In 2020, Japan based Morinaga Milk Industry Co., Ltd. announced that its subsidiary MILEI GmbH, which holds a large share the production volume of functional ingredient lactoferrin, intends to double its lactoferrin production capacity.

Request sample copy of report @ https://www.gminsights.com/request-sample/detail/5014

Preference for human milk based lactoferrin products:
Availability of large quantities of apolactoferrin in human milk has increased the demand for human milk derived lactoferrin products enormously. These products help in preventing the prevalence of infections in infants who have relatively weaker immune system. This is drawing consumer attention towards infant formula products based on lactoferrin. Lactoferrin’s ability to inhibit formation of biofilm enables the prevention of the growth of bacteria which is favoring the product demand in therapeutic applications.

Burgeoning demand for sports and functional foods:
Growing health consciousness among people and rising prominence of physical fitness and sports activities are some of the prominent factors that are instigating the demand for lactoferrin. This is majorly due to the application of lactoferrin in nutrition products. Availability of these products in single dedicated store along with expert advice from trained professionals in health and nutrition food stores is propelling the market growth to a larger scale.

Personal care and cosmetics sector in Europe:
Europe is witnessing a significant surge in the demand for lactoferrin from past few years owing to the increasing cosmetic and personal care applications. This is majorly due to the growing consumer awareness about the importance of personal hygiene and grooming. In addition, rising exposure of skin to harsh environmental factors such as excessive dust, dirt, grime, sunlight and moisture has urged consumers to use personal care products.

This is complementing the product adoption in the region further. Considering these factors, Europe lactoferrin market had recorded a valuation of over USD 35 million in 2020 and is estimated to register a CAGR of 6.4% through 2027.

Read Trending Reports
Vegetable Fats Market: https://www.globenewswire.com/news-release/2019/03/15/1755121/0/en/Vegetable-Fats-Market-revenue-to-hit-130-billion-by-2025-Global-Market-Insights-Inc.html

Rice Protein Market: https://www.globenewswire.com/news-release/2017/08/02/1070799/0/en/Rice-Protein-Market-to-surpass-115-million-by-2024-Global-Market-Insights-Inc.html

Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release 4 Pivotal Trends Stimulating the Growth of Lactoferrin Market here

News-ID: 2286983 • Views:

More Releases from Global Market Insights Inc.

Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Included – Dow Dupont Inc., BASF SE, Clariant AG & More
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application. The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - Walmart, Costco Wholesale Corporation, LGM Pharma
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil. Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Trends to 2024 | MFG Chemicals, Huntsman Corporation, and Stepan Company
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024. Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care. Sulfosuccinates are mainly a mild type
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/233 Top Key Players in The Market are: Graphenea S.A., Applied Graphene Materials plc, ACS

All 5 Releases


More Releases for Europe

Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The key players covered in this study McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This
Global Strategy Consulting Market Research Report 2018-2025 | Global Key Player …
An up-to-date research report has been disclosed by Market Research Hub highlighting the title “Global Strategy Consulting Market Size, Status and Forecast 2018-2025” which provides an outlook for current market value as well as the expected growth of Strategy Consulting during 2018-2025. The report studies the casing heads market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, size, growth, revenue, consumption, import and export
Strategy Consulting Market Deep Insights with Core Business Strategies 2018 - Ro …
Strategy Consulting Market report provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consist of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables). Global strategy consulting market size status and forecast 2025 has a vast collection of market research reports concerning the software industry, its sub-sectors, and
Wearable Heart Monitoring Devices Market 2018 To 2023 – Top Leaders Beurer Gmb …
The Worldwide Wearable Heart Monitoring Devices Market is growing at a healthy rate. The major players in this market are Medtronic (U.S.), Kinetec Products UK Ltd. (South America), Beurer GmbH (Europe), Medisana AG (Europe), Briggs Healthcare (U.S.), Polar Electro (Europe), SUUNTO (Europe), Koninklijke Philips N.V. (Europe), Garmin Ltd. (Europe) and others. The Wolrdwide Wearable Heart Monitoring devices is segmented on the basis of products, type, application, and end users. On
Surgical Equipment Market 2018 Leading Manufacturer in Europe, the Middle East & …
The Europe, the Middle East & Africa Surgical Equipment Market is expected to grow at an approximate CAGR of 6.7% during the forecast period. A surgical equipment is a designed tool or device to carry out various surgical procedures so as to modifying biological tissues and to provide access for viewing them. The surgical equipment can be designed specifically for a particular surgery or it can be used as general purpose