Scope of the Study
Lactoferrin (LF), also called as lactotransferrin (LTF), is a multi functional protein of the transferrin family. Lactoferrin is a globular glycoprotein with a molecular mass of about 80 kDa that is widely represented in various secretory fluids, such as milk, saliva, tears, and nasal secretions. Bovine Lactoferrin is a protein which is found in cow milk and human milk. Colostrum that is the first milk produced after a baby is born, contains high levels of lactoferrin, about seven times the amount found in milk produced later on.
The market study is being classified by Type (Freeze dried and milled and Spay dried powder), by Application (Infant formula, Dietary supplements, Pharmaceutical and Others) and major geographies with country level break-up.
Fonterra Group (New Zealand), Bega Cheese (Australia), FrieslandCampina (DMV) (Netherlands), Milei GmbH (Germany), Glanbia Nutritionals (Ireland), Westland Milk (New Zealand), Tatua (New Zealand), Synlait Milk (New Zealand), WBC (United States) and Murray Goulburn (Australia) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Ingredia Nutritional (United States).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that New Zealand Vendors will contribute to the maximum growth of Global Bovine Lactoferrin market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Bovine Lactoferrin market by Type, Application and Region.
On the basis of geography, the market of Bovine Lactoferrin has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Usage of Lactoferrin in Various Products Ranges Including Infant Food, Food Supplements, Dietetic Foods, Alcoholic Beverages, Sports Nutrition, and Personal Care.
- Health Benefits Such as Stimulating Effects on Immune System, Prevents Cell Damage Caused by Ageing and Others.
- Inclination of Consumers Towards the Healthy Diet
- Availability of Alternative Products
- Strong Applicability of Lactoferrin in Nutraceutical, Pharmaceutical, and Personal Care Industries
- Lack of Awareness about the Bovine Lactoferrin
Market Leaders and their expansionary development strategies
On September 2019, Bega cheese has acquired a minority interest in Hummingbird Superfoods, which is an Australian breakfast subscription company.
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organisations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase