Lactoferrin Market
Lactoferrin Market Scope: Industry Analysis, Market
Size, Growth, Trends Till 2031
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Lactoferrin Market Size and Growth
The lactoferrin market is experiencing significant growth, driven by increasing health consciousness and demand for nutritional supplements. The global market size is projected to reach approximately $600 million by 2025, with a compound annual growth rate (CAGR) of around 7%. Key applications include infant formula, dietary supplements, and functional foods.
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Companies Covered (Covid 19 Impact Covered)
◍ FrieslandCampina DMV (Netherlands)
◍ Metagenics (US)
◍ Pharming Group N.V. (Netherlands)
◍ Vitalus Nutrition Inc. (CA)
The lactoferrin market features key players like FrieslandCampina, Metagenics, and Synlait Milk, focusing on products for infant nutrition, dietary supplements, and functional foods. These companies enhance market growth through innovation, strategic partnerships, and expanding product portfolios. Notable sales revenues include:
◍ Westland Co-Operative Dairy Co. Ltd. (New Zealand)
◍ Synlait Milk Ltd. (New Zealand)
◍ Ingredia SA (US)
◍ MP Biomedicals (US)
◍ Tatura Milk Industries Ltd. (AU)
◍ Glanbia Nutritionals (Ireland)
◍ APS BioGroup
◍ ProHealth
◍ Fonterra Co-Operative Group Ltd.
◍ Frabest Brands
◍ Invitria
◍ Milei GmbH
◍ Bega Bionutrients
- FrieslandCampina: €11.6 billion
- Glanbia Nutritionals: $3.6 billion
- Fonterra: $14.5 billion.
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Market Segmentation
By Application
Infant Formula
Sports & Functional Food
Pharmaceuticals
Personal Care Products
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By Product
Food Grade
Pharmaceutical Grade
Market Growth
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$ X Billion USD
