Lactoferrin Market - Global Industry Insights, Trends, Outlook, and OpportunityPosted by anagha on March 16th, 2018 Global Lactoferrin Market Outlook In terms of revenue, Asia Pacific region dominated the global lactoferrin market in 2016 and is expected to continue its dominance throughout the forecast period. In Asia Pacific, China and India, collectively, contribute significantly in lactoferrin market followed by Japan due to the high birth rate in these regions. European Food and Safety Authority (EFSA) has approved dietary food supplements based on lactoferrin as a consumable dietary food supplement, infant formula, and sports nutrition. Owing to this factor, Europe lactoferrin market is expected to witness significant growth during the forecast period. Increasing demand for sport and energy drinks in the U.S. is one of the main factors that will fuel the demand for lactoferrin health drinks across North America region. Apart from the aforementioned benefits, lactoferrin acts as an antibacterial, antifungal, antiviral, and anticarcinogenic. Lactoferrin is widely used in the treatment of heart diseases, Alzheimer’s, and for maintaining healthy bones. Though lactoferrin is lesser known as a food supplement, it is popular among runners, cyclists, and triathletes. Demand for lactoferrin supplement is expected to grow globally during the forecast period due to its rising application mainly in the above said areas. Increasing incidences of health disorders, growing consumer awareness on maintaining a healthy lifestyle, government support, improved technology, and continuous research based on lactoferrin are the main key drivers expected to expand its market globally during the forecast period. Ask for detailed Sample of the Research Report @ https://www.coherentmarketinsights.com/insight/request-sample/704 *The Sample consists of Table of Content, Research framework of the actual report & research methodology adopted for it. Iron absorption and nutrition segments are expected to contribute high shares in terms of volume and value, during the forecast period (2017-2025), followed by antibacterial and antioxidant segments. This is primarily due to increasing incidences of iron deficiency diseases and growing demand for functional nutrition food supplements. Infant formula segment dominates in terms of volume followed by food & beverages and others. Due to iron binding, antifungal, and antibacterial properties, lactoferrin is extensively used in infant formula, which is expected to maintain the dominance of the segment during the forecast period (2017-2025) as well. Lactoferrin, being an effective antioxidant and anticarcinogenic, attracts manufacturers to invest more in the pharmaceutical sector, thereby elevating the share generated by pharmaceutical segment in the global market. Key Players in Global Lactoferrin Market Some of the key players in the global lactoferrin market are Fonterra Co-Operative Group Ltd., Glanbia Nutritionals, Synlait Milk Ltd., Vitalus Nutrition Inc., Metagenics, Inc., Ingredia SA, Agennix Inc., Morinaga Milk Industry Co. Ltd., Taradon Laboratory S.P.R.L, and Ventria Bioscience Inc. among others. View More Information@ https://www.coherentmarketinsights.com/ongoing-insight/lactoferrin-market-704 Global Lactoferrin Market Taxonomy On the basis of function, global Lactoferrin market is segmented into: Iron absorption Nutrition Antibacterial Antioxidant Antifungal On the basis of application, global Lactoferrin market is segmented into: Infant formula Food & Beverages Pharmaceuticals Personal care Animal feed About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us Mr. Shah Coherent Market Insights #3200 Seattle, WA 98154 Tel: +1-206-701-6702
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