Press release
Alpha-lactalbumin Market Set to Surge Significantly by 2024
Production of alpha-lactalbumin is increasing in Denmark, Europe due to the presence of high amounts of essential amino acids in alpha-lactalbumin which is primarily present in infant formulas. The demand for alpha-lactalbumin is rapidly rising in Asia Pacific region in countries such as China, India, and others over the forecast period. As a result of presence of high amount of essential amino acids in alpha-lactalbumin, manufacturers are including alpha-lactalbumin in food products such as sports food and clinical nutrition foods.
Geographically, the global alpha-lactalbumin industry can be divided by major regions which include North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, Middle East and Africa. Globally, among all regions, Europe has developed as the dominant region in global alpha-lactalbumin market followed by North America. Increasing demand for infant formulas containing alpha-lactalbumin protein, has strengthened the growth of global alpha-lactalbumin market and hence is projected to significantly expand the revenue contribution of the market over the forecast period.
The global alpha-lactalbumin market driving factors are increasing demand for infant formulas having high amount of alpha-lactalbumin protein which helps in increasing immunity of the infants. Consumers are demanding for products containing whey protein which is a rich source of alpha-lactalbumin. Alpha-lactalbumin is primarily rich in amino acids such as tryptophan, lysine, and others that helps in improving cognitive functions and boosts memory concentration, are some of the factors which is driving the alpha-lactalbumin market. Alpha-lactalbumin supports the optimal growth and development of the infants, which is another factor for increasing the market demand for alpha-lactalbumin containing products. Hence, the global alpha-lactalbumin market is expected to observe robust growth over the forecast period.
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Some of the key players identified across the value chain of the global alpha-lactalbumin market include Davisco Foods International, Inc. (Agropur Inc.), Arla Foods Ingredients, Wyeth Nutrition, Abcam plc, Hilmar Ingredients, Fonterra Co-Operative Group, and others. The companies are expected to expand their business by enhancing their product portfolio in global alpha-lactalbumin market. The companies are projected to frame certain strategies in future in order to gain the competitive advantage in global alpha-lactalbumin market till 2026.
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