Lactoferrin Market Scope and Size by 2031
Lactoferrin is a type of protein generally found in cow milk and human milk. Colostrum, the first milk obtained after a baby is born, contains high levels of lactoferrin, approximately seven times the amount found in milk produced later on. Lactoferrin is also found in fluids in the eye, respiratory tract, nose, intestine, and others. People also use lactoferrin as medicine.
MARKET DYNAMICS
The lactoferrin market has witnessed a significant growth owing to its rich antibacterial properties. Moreover, the application of lactoferrin in the food and beverage industry is estimated to boost the lactoferrin market in the coming years. Increasing demand of lactoferrin from the Asia Pacific region provides a vast market opportunity for the key players operating in the lactoferrin market.
MARKET SCOPE
The "Global Lactoferrin Market Analysis to 2031" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the lactoferrin market with detailed market segmentation by function, application, and geography. The global lactoferrin market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Lactoferrin market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global lactoferrin market is segmented on the basis of function and application. On the basis of function, the lactoferrin market is segmented into iron absorption, anti-inflammatory, antibacterial, and others. On the basis of application, the global lactoferrin is segmented into food & beverages, infant formula, pharmaceuticals, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Lactoferrin market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Lactoferrin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Lactoferrin market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Lactoferrin market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Lactoferrin market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Lactoferrin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Lactoferrin market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Lactoferrin market in these regions.
MARKET PLAYERS
The reports cover key developments in the Lactoferrin market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Lactoferrin market are anticipated to lucrative growth opportunities in the future with the rising demand for Lactoferrin in the global market. Below mentioned is the list of few companies engaged in the Lactoferrin market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Lactoferrin market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Bega Cheese Limited
- Farbest Brands
- Fonterra Co-operative Group Limited
- Freedom Foods Group Ltd
- Glanbia PLC
- Ingredia SA
- Merck KGaA
- Royal FrieslandCampina
- Synlait Milk Ltd
- The Tatua Co-Operative Dairy Company Ltd
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Lactoferrin Market - By Function
1.3.2 Lactoferrin Market - By Applications
1.3.3 Lactoferrin Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LACTOFERRIN MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. LACTOFERRIN MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. LACTOFERRIN MARKET - GLOBAL MARKET ANALYSIS
6.1. LACTOFERRIN - GLOBAL MARKET OVERVIEW
6.2. LACTOFERRIN - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. LACTOFERRIN MARKET - REVENUE AND FORECASTS TO 2028 - FUNCTION
7.1. OVERVIEW
7.2. FUNCTION MARKET FORECASTS AND ANALYSIS
7.3. IRON ABSORPTION
7.3.1. Overview
7.3.2. Iron Absorption Market Forecast and Analysis
7.4. ANTI-INFLAMMATORY
7.4.1. Overview
7.4.2. Anti-inflammatory Market Forecast and Analysis
7.5. ANTIBACTERIAL
7.5.1. Overview
7.5.2. Antibacterial Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. LACTOFERRIN MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATIONS
8.1. OVERVIEW
8.2. APPLICATIONS MARKET FORECASTS AND ANALYSIS
8.3. FOOD AND BEVERAGES
8.3.1. Overview
8.3.2. Food and Beverages Market Forecast and Analysis
8.4. INFANT FORMULA
8.4.1. Overview
8.4.2. Infant Formula Market Forecast and Analysis
8.5. PHARMACEUTICALS
8.5.1. Overview
8.5.2. Pharmaceuticals Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. LACTOFERRIN MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Lactoferrin Market Overview
9.1.2 North America Lactoferrin Market Forecasts and Analysis
9.1.3 North America Lactoferrin Market Forecasts and Analysis - By Function
9.1.4 North America Lactoferrin Market Forecasts and Analysis - By Applications
9.1.5 North America Lactoferrin Market Forecasts and Analysis - By Countries
9.1.5.1 United States Lactoferrin Market
9.1.5.1.1 United States Lactoferrin Market by Function
9.1.5.1.2 United States Lactoferrin Market by Applications
9.1.5.2 Canada Lactoferrin Market
9.1.5.2.1 Canada Lactoferrin Market by Function
9.1.5.2.2 Canada Lactoferrin Market by Applications
9.1.5.3 Mexico Lactoferrin Market
9.1.5.3.1 Mexico Lactoferrin Market by Function
9.1.5.3.2 Mexico Lactoferrin Market by Applications
9.2. EUROPE
9.2.1 Europe Lactoferrin Market Overview
9.2.2 Europe Lactoferrin Market Forecasts and Analysis
9.2.3 Europe Lactoferrin Market Forecasts and Analysis - By Function
9.2.4 Europe Lactoferrin Market Forecasts and Analysis - By Applications
9.2.5 Europe Lactoferrin Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Lactoferrin Market
9.2.5.1.1 Germany Lactoferrin Market by Function
9.2.5.1.2 Germany Lactoferrin Market by Applications
9.2.5.2 France Lactoferrin Market
9.2.5.2.1 France Lactoferrin Market by Function
9.2.5.2.2 France Lactoferrin Market by Applications
9.2.5.3 Italy Lactoferrin Market
9.2.5.3.1 Italy Lactoferrin Market by Function
9.2.5.3.2 Italy Lactoferrin Market by Applications
9.2.5.4 United Kingdom Lactoferrin Market
9.2.5.4.1 United Kingdom Lactoferrin Market by Function
9.2.5.4.2 United Kingdom Lactoferrin Market by Applications
9.2.5.5 Russia Lactoferrin Market
9.2.5.5.1 Russia Lactoferrin Market by Function
9.2.5.5.2 Russia Lactoferrin Market by Applications
9.2.5.6 Rest of Europe Lactoferrin Market
9.2.5.6.1 Rest of Europe Lactoferrin Market by Function
9.2.5.6.2 Rest of Europe Lactoferrin Market by Applications
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Lactoferrin Market Overview
9.3.2 Asia-Pacific Lactoferrin Market Forecasts and Analysis
9.3.3 Asia-Pacific Lactoferrin Market Forecasts and Analysis - By Function
9.3.4 Asia-Pacific Lactoferrin Market Forecasts and Analysis - By Applications
9.3.5 Asia-Pacific Lactoferrin Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Lactoferrin Market
9.3.5.1.1 Australia Lactoferrin Market by Function
9.3.5.1.2 Australia Lactoferrin Market by Applications
9.3.5.2 China Lactoferrin Market
9.3.5.2.1 China Lactoferrin Market by Function
9.3.5.2.2 China Lactoferrin Market by Applications
9.3.5.3 India Lactoferrin Market
9.3.5.3.1 India Lactoferrin Market by Function
9.3.5.3.2 India Lactoferrin Market by Applications
9.3.5.4 Japan Lactoferrin Market
9.3.5.4.1 Japan Lactoferrin Market by Function
9.3.5.4.2 Japan Lactoferrin Market by Applications
9.3.5.5 South Korea Lactoferrin Market
9.3.5.5.1 South Korea Lactoferrin Market by Function
9.3.5.5.2 South Korea Lactoferrin Market by Applications
9.3.5.6 Rest of Asia-Pacific Lactoferrin Market
9.3.5.6.1 Rest of Asia-Pacific Lactoferrin Market by Function
9.3.5.6.2 Rest of Asia-Pacific Lactoferrin Market by Applications
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Lactoferrin Market Overview
9.4.2 Middle East and Africa Lactoferrin Market Forecasts and Analysis
9.4.3 Middle East and Africa Lactoferrin Market Forecasts and Analysis - By Function
9.4.4 Middle East and Africa Lactoferrin Market Forecasts and Analysis - By Applications
9.4.5 Middle East and Africa Lactoferrin Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Lactoferrin Market
9.4.5.1.1 South Africa Lactoferrin Market by Function
9.4.5.1.2 South Africa Lactoferrin Market by Applications
9.4.5.2 Saudi Arabia Lactoferrin Market
9.4.5.2.1 Saudi Arabia Lactoferrin Market by Function
9.4.5.2.2 Saudi Arabia Lactoferrin Market by Applications
9.4.5.3 U.A.E Lactoferrin Market
9.4.5.3.1 U.A.E Lactoferrin Market by Function
9.4.5.3.2 U.A.E Lactoferrin Market by Applications
9.4.5.4 Rest of Middle East and Africa Lactoferrin Market
9.4.5.4.1 Rest of Middle East and Africa Lactoferrin Market by Function
9.4.5.4.2 Rest of Middle East and Africa Lactoferrin Market by Applications
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Lactoferrin Market Overview
9.5.2 South and Central America Lactoferrin Market Forecasts and Analysis
9.5.3 South and Central America Lactoferrin Market Forecasts and Analysis - By Function
9.5.4 South and Central America Lactoferrin Market Forecasts and Analysis - By Applications
9.5.5 South and Central America Lactoferrin Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Lactoferrin Market
9.5.5.1.1 Brazil Lactoferrin Market by Function
9.5.5.1.2 Brazil Lactoferrin Market by Applications
9.5.5.2 Argentina Lactoferrin Market
9.5.5.2.1 Argentina Lactoferrin Market by Function
9.5.5.2.2 Argentina Lactoferrin Market by Applications
9.5.5.3 Rest of South and Central America Lactoferrin Market
9.5.5.3.1 Rest of South and Central America Lactoferrin Market by Function
9.5.5.3.2 Rest of South and Central America Lactoferrin Market by Applications
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. LACTOFERRIN MARKET, KEY COMPANY PROFILES
11.1. BEGA CHEESE LIMITED
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. FARBEST BRANDS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. FONTERRA CO-OPERATIVE GROUP LIMITED
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. FREEDOM FOODS GROUP LTD
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GLANBIA PLC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. INGREDIA SA
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MERCK KGAA
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ROYAL FRIESLANDCAMPINA
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SYNLAIT MILK LTD
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THE TATUA CO-OPERATIVE DAIRY COMPANY LTD
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Bega Cheese Limited
2. Farbest Brands
3. Fonterra Co-operative Group Limited
4. Freedom Foods Group Ltd
5. Glanbia PLC
6. Ingredia SA
7. Merck KGaA
8. Royal FrieslandCampina
9. Synlait Milk Ltd
10. The Tatua Co-Operative Dairy Company Ltd
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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