Home > > Global Lactoferrin Market Report
The Lactoferrin market was valued at $215.1 Million in 2022, and is projected to reach $496.7 Million by 2032 growing at a CAGR of 8.81% from 2023 to 2032.Lactoferrin is a protein that is found in various bodily fluids, such as breast milk and tears, and has a variety of health benefits. It has antimicrobial properties and can help to boost the immune system, making it a popular ingredient in dietary supplements and functional foods. The market for lactoferrin is driven by a growing demand for immune-boosting and gut health products. The trend towards plant-based and natural ingredients is also driving demand for lactoferrin, as it is a natural protein. Opportunities for growth in the lactoferrin market include the development of new functional food and supplement products, as well as the expansion into new markets such as animal feed and personal care products. Top companies in the lactoferrin market include Fonterra, Glanbia, and FrieslandCampina. These companies have made significant investments in research and development to improve production processes and develop new lactoferrin-based products.