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Alpha-lactalbumin Market Set to Witness Y-o-Y Growth by 2024
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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,
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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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