The global lactoferrin market is anticipated to grow at a CAGR of 6.8% over the forecast period (2020-2026). The key factors that drive the growth of the market include the incorporation of lactoferrin in a wide range of end-uses such as infant formula, sports & functional food, pharmaceuticals, personal care products, and others. 
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Lactoferrin works by stimulating the immune system and restricts the damaging of the cell by aging. It aids in enhancing the working of the beneficial bacterial present in the intestinal tract, regulates bacteria, fungi, and viruses along with being regulating the iron levels and metabolism. It is also consumed for the treatment of hepatitis C infection along with several other disorders. Hence, the strong applicability of lactoferrin in various end-uses and industries are likely to enhance the demand for lactoferrin over the forecast period.
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Besides, a gradual rise in the cases of skin-related disorders also creates a wide scope for the growth of the lactoferrin market over the forecast period, as it has been considered an effective treatment for skin-related diseases even acne. Furthermore, for the manufacturing of infant formula, sports & functional food, and cosmetics, lactoferrin is highly used owing to its properties. Hence, this further supports the growth of the lactoferrin market. However, some of the factors that might hinder the growth include the high cost associated with the product, various side effects of lactoferrin if consumed in excess, and lack of awareness among the under-developing economies. 
Global Lactoferrin Market – Segmentation
By Function
Antioxidant
Anti-Inflammatory
Antibacterial
Iron Absorption
Intestine Flora Protection
Immune Cell Stimulation
By End-Use
Infant Formula
Food Products
Pharmaceuticals
Personal Care Products
Others
Global Lactoferrin Market – Segmentation by Region 
North America           
US
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific    
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa 
Latin America 
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