Lactoferrins Market - Trends Forecast Till 2028

Lactoferrins Market, by Function (Iron Absorption, Intestinal Flora Protection), Application (Personal Care Products, Infant Formula) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-FB-LM-1072


Number of Pages: 362

Domain: Food & Beverages

Lactoferrins Market – Trends Forecast Till 2028

The global Lactoferrins market size is projected to reach USD 290 million by 2026 at a CAGR of 8.4% from USD 222 million in 2021 during the forecast period 2021-2028.

Lactoferrin is a milk-based protein found in the milk of both human and cow. The colostrum which is the first produced by the mother after delivery contains higher amounts of lactoferrin as compared to the following milk production. It is believed to be an immunity booster.

Increased use in the field of dermatology and acne treatment is the factors that have supported long-term expansion for Lactoferrins Market.

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. The demand for lactoferrin has increased during the pandemic due its immunity booster properties.

Lactoferrins Market Research Report

Asia Pacific is expected to be the largest market during the forecast period. The increase literacy and awareness amongst the people along with the expanding population and raised spending capacity of people has led to the expansion of market in the region.

Lactoferrins Market is segmented into function, application and geography.

On the basis of Function

  • Iron Absorption
  • Anti-inflammatory
  • Intestinal Flora Protection
  • Antibacterial
  • Immune Cell Stimulation
  • Antioxidant

On the basis of Application

  • Food & Beverages
  • Infant Formula
  • Sports & Functional Foods
  • Pharmaceuticals
  • Personal Care Products
  • Animal Feed

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Lactoferrins Market Primary Respondent


Key Players

  • Hilmar Cheese Company
  • Pharming Group NV
  • FrieslandCampina
  • Synlait Milk Ltd.
  • Ingredia SA
  • MP Biomedicals
  • Tatura Milk Industries Ltd.
  • Glanbia plc
  • APS BioGroup
  • ProHealth
  • Fonterra Cooperative Group Ltd.
  • Farbest Brands
  • InVitria
  • Milei GmbH
  • Ferrin-tech LLC

Recent Developments

  • In March 2019, Hong Kong Jin Gang Trade Holding Limited announced the complete acquisition of of Westland Co-operative Dairy Company Limited in order to strengthen its market position in New Zealand.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Lactoferrins market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope


Report Feature


Market Revenue In 2021

USD 222 million

Growth Rate

CAGR of 8.4% during the forecasting period, 2021-2028

Historical Data


Forecast Years


Base Year


Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

Function, application and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Hilmar Cheese Company, Pharming Group NV, FrieslandCampina, Synlait Milk Ltd., Ingredia SA, MP Biomedicals, Tatura Milk Industries Ltd., Glanbia plc, APS BioGroup, ProHealth, Fonterra Cooperative Group Ltd., Farbest Brands, InVitria, Milei GmbH, Ferrin-tech LLC

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