The global Lactoferrin market is projected to grow at a CAGR of 6.8% during the forecast period (2020-2026). The major factors that drive the growth of the market include a wide range of applications of lactoferrin used in various end-use industries. Increased awareness amongst the people regarding diet and health along with the increased cases of skin-related health disorders is expected to upsurge the demand for proper treatment and medications. Hence, this drives the growth of the global lactoferrin market over the forecast period.
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Lactoferrin possesses antibacterial, anti-parasitic, antiviral, catalytic, and anti-allergic properties and functions which are highly demanded from pharmaceutical and personal care industries. It is used as an effective treatment measure for treating stomach and intestinal ulcers, diarrhea, and hepatitis C. Besides, it is also widely accepted as an effective treatment for acne. As per the American Academy of Dermatology, in the US, acne is among the most prevalent skin condition. It affects nearly 40-50 million people in the US annually. Hence, for the treatment of such skin condition, lactoferrin has been proven effective, as owing to its anti-inflammatory properties, it eliminates the main food source for pathogens by neutralizing its contributors. Thus, this further contributes to the growth of the global lactoferrin market over the forecast period.
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Market Segmentation
Global Lactoferrin Market by Function
Antioxidant
Anti-Inflammatory
Antibacterial
Iron Absorption
Intestine Flora Protection
Immune Cell Stimulation
Global Lactoferrin Market by End-Use
Infant Formula
Food Products
Pharmaceuticals
Personal Care Products
Others

Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
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