The Europe Lactoferrin Market would witness market growth of 8.34% CAGR during the forecast period (2021-2027).
Lactoferrin acts as the main solution for anemia, its high degree of bioavailability combined with the ability to boost serum ferritin levels by five times enables effective absorption of iron in comparison to other iron sources. As per the WHO, there are above 1.62 people affected by individuals around the world, with the maximum rate witnessed among pre-school-going children. Lactoferrin is a modern solution for anemia and is broadly known to be a part of the transferrin family, which has the capability of controlling the levels of free iron in body fluid combined with boosting the hemoglobin percentage by improving the ability to bind iron.
The surge in the occurrence of viral and bacterial infections around the world is one of the major trends of the European lactoferrin market in the last couple of years. Moreover, the governments of various countries of this region are undertaking different types of initiatives to promote breastfeeding, thereby hampering the growth of the regional lactoferrin market. Moreover, the regional market is also fuelled by the rising consumer awareness regarding the benefits of lactoferrin-based products, hence propelling the demand of the regional market.
Lactoferrin is widely used in decreasing dermal immune response and healing wounds by stimulating connective tissue with epidermal cells by recreating the skin. Its calming effect on inflammations eliminates the possibility of the formation of larger zits and cysts. The majority of the clinical trials have displayed that lactoferrin can also be efficiently utilized in the treatment and prevention of gastrointestinal inflammatory cases. Growing consumer awareness about gut health along with the surging product demand to eliminate the chances of bloating and irritable bowel movement and to decrease intestinal inflammation would augment the development of the lactoferrin market during the forecast period.
The Germany market dominated the Europe Personal Care Products Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,580.8 Thousands by 2027. The UK market is exhibiting a CAGR of 7.7% during (2021 - 2027). Additionally, The Spain market is anticipated to witness a CAGR of 9.5% during (2021 - 2027).
Based on Function, the market is segmented into Iron absorption, Intestinal flora protection, Immune cell stimulation, Antioxidant, Antibacterial and Anti-inflammatory. Based on Application, the market is segmented into Pharmaceuticals, Food & Beverages, Personal Care Products, Infant Formula, Sports & Functional Foods and Animal Feed. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Lactoferrin Market Size will Hit $408 Million by 2027, at a CAGR of 8.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Royal FrieslandCampina N.V., Glanbia PLC, Fonterra Co-operative Group Limited, Moringa Milk Industry Co., Ltd., Ventria Bioscience, Inc. (InVitria), Farbest Brands, Bega Cheese Ltd (Tatura Milk Industries Ltd.), MP Biomedicals LLC (Valiant Co., Ltd.), Synlait Milk Limited, and Pharming Group NV.
Scope of the Study
Market Segments Covered in the Report:
By Function
- Iron absorption
- Intestinal flora protection
- Immune cell stimulation
- Antioxidant
- Antibacterial
- Anti-inflammatory
By Application
- Pharmaceuticals
- Food & Beverages
- Personal Care Products
- Infant Formula
- Sports & Functional Foods
- Animal Feed
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Royal FrieslandCampina N.V.
- Glanbia PLC
- Fonterra Co-operative Group Limited
- Moringa Milk Industry Co., Ltd.
- Ventria Bioscience, Inc. (InVitria)
- Farbest Brands
- Bega Cheese Ltd (Tatura Milk Industries Ltd.)
- MP Biomedicals LLC (Valiant Co., Ltd.)
- Synlait Milk Limited
- Pharming Group NV
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Lactoferrin Market, by Function
1.4.2 Europe Lactoferrin Market, by Application
1.4.3 Europe Lactoferrin Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 Impact
2.1.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Lactoferrin Market by Function
3.1 Europe Iron absorption Market by Country
3.2 Europe Intestinal flora protection Market by Country
3.3 Europe Immune cell stimulation Market by Country
3.4 Europe Antioxidant Market by Country
3.5 Europe Antibacterial Market by Country
3.6 Europe Animal Feed Market by Country
Chapter 4. Europe Lactoferrin Market by Application
4.1 Europe Pharmaceuticals Market by Country
4.2 Europe Food & Beverages Market by Country
4.3 Europe Personal Care Products Market by Country
4.4 Europe Infant Formula Market by Country
4.5 Europe Sports & Functional Foods Market by Country
4.6 Europe Animal Feed Market by Country
Chapter 5. Europe Lactoferrin Market by Country
5.1 Germany Lactoferrin Market
5.1.1 Germany Lactoferrin Market by Function
5.1.2 Germany Lactoferrin Market by Application
5.2 UK Lactoferrin Market
5.2.1 UK Lactoferrin Market by Function
5.2.2 UK Lactoferrin Market by Application
5.3 France Lactoferrin Market
5.3.1 France Lactoferrin Market by Function
5.3.2 France Lactoferrin Market by Application
5.4 Russia Lactoferrin Market
5.4.1 Russia Lactoferrin Market by Function
5.4.2 Russia Lactoferrin Market by Application
5.5 Spain Lactoferrin Market
5.5.1 Spain Lactoferrin Market by Function
5.5.2 Spain Lactoferrin Market by Application
5.6 Italy Lactoferrin Market
5.6.1 Italy Lactoferrin Market by Function
5.6.2 Italy Lactoferrin Market by Application
5.7 Rest of Europe Lactoferrin Market
5.7.1 Rest of Europe Lactoferrin Market by Function
5.7.2 Rest of Europe Lactoferrin Market by Application
Chapter 6. Company Profiles
6.1 Royal FrieslandCampina N.V.
6.1.1 Company Overview
6.1.1 Financial Analysis
6.1.2 Segmental and Regional Analysis
6.1.3 Research & Development Expense
6.1.4 Recent strategies and developments:
6.1.4.1 Partnerships, Collaborations, and Agreements:
6.1.4.2 Product Launches and Product Expansions:
6.2 Glanbia PLC
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.3.3 Segmental and Regional Analysis
6.4 Moringa Milk Industry Co., Ltd.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental Analysis
6.4.4 Research & Development Expenses
6.4.5 Recent strategies and developments:
6.4.5.1 Partnerships, Collaborations, and Agreements:
6.4.5.2 Geographical Expansions:
6.5 Ventria Bioscience, Inc. (InVitria)
6.5.1 Company Overview
6.6 Farbest Brands
6.6.1 Company Overview
6.7 Bega Cheese Ltd (Tatura Milk Industries Ltd.)
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Recent strategies and developments:
6.7.4.1 Product Launches and Product Expansions:
6.7.4.2 Geographical Expansions:
6.8 MP Biomedicals LLC (Valiant Co., Ltd.)
6.8.1 Company Overview
6.9 Synlait Milk Limited
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Regional Analysis
6.9.4 Recent strategies and developments:
6.9.4.1 Partnerships, Collaborations, and Agreements:
6.9.4.2 Geographical Expansions:
6.10. Pharming Group NV
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Regional Analysis
6.10.4 Research & Development Expenses
TABLE 1 Europe Lactoferrin Market, 2017 - 2020, USD Thousands
TABLE 2 Europe Lactoferrin Market, 2021 - 2027, USD Thousands
TABLE 3 Europe Lactoferrin Market by Function, 2017 - 2020, USD Thousands
TABLE 4 Europe Lactoferrin Market by Function, 2021 - 2027, USD Thousands
TABLE 5 Europe Iron absorption Market by Country, 2017 - 2020, USD Thousands
TABLE 6 Europe Iron absorption Market by Country, 2021 - 2027, USD Thousands
TABLE 7 Europe Intestinal flora protection Market by Country, 2017 - 2020, USD Thousands
TABLE 8 Europe Intestinal flora protection Market by Country, 2021 - 2027, USD Thousands
TABLE 9 Europe Immune cell stimulation Market by Country, 2017 - 2020, USD Thousands
TABLE 10 Europe Immune cell stimulation Market by Country, 2021 - 2027, USD Thousands
TABLE 11 Europe Antioxidant Market by Country, 2017 - 2020, USD Thousands
TABLE 12 Europe Antioxidant Market by Country, 2021 - 2027, USD Thousands
TABLE 13 Europe Antibacterial Market by Country, 2017 - 2020, USD Thousands
TABLE 14 Europe Antibacterial Market by Country, 2021 - 2027, USD Thousands
TABLE 15 Europe Animal Feed Market by Country, 2017 - 2020, USD Thousands
TABLE 16 Europe Animal Feed Market by Country, 2021 - 2027, USD Thousands
TABLE 17 Europe Lactoferrin Market by Application, 2017 - 2020, USD Thousands
TABLE 18 Europe Lactoferrin Market by Application, 2021 - 2027, USD Thousands
TABLE 19 Europe Pharmaceuticals Market by Country, 2017 - 2020, USD Thousands
TABLE 20 Europe Pharmaceuticals Market by Country, 2021 - 2027, USD Thousands
TABLE 21 Europe Food & Beverages Market by Country, 2017 - 2020, USD Thousands
TABLE 22 Europe Food & Beverages Market by Country, 2021 - 2027, USD Thousands
TABLE 23 Europe Personal Care Products Market by Country, 2017 - 2020, USD Thousands
TABLE 24 Europe Personal Care Products Market by Country, 2021 - 2027, USD Thousands
TABLE 25 Europe Infant Formula Market by Country, 2017 - 2020, USD Thousands
TABLE 26 Europe Infant Formula Market by Country, 2021 - 2027, USD Thousands
TABLE 27 Europe Sports & Functional Foods Market by Country, 2017 - 2020, USD Thousands
TABLE 28 Europe Sports & Functional Foods Market by Country, 2021 - 2027, USD Thousands
TABLE 29 Europe Animal Feed Market by Country, 2017 - 2020, USD Thousands
TABLE 30 Europe Animal Feed Market by Country, 2021 - 2027, USD Thousands
TABLE 31 Europe Lactoferrin Market by Country, 2017 - 2020, USD Thousands
TABLE 32 Europe Lactoferrin Market by Country, 2021 - 2027, USD Thousands
TABLE 33 Germany Lactoferrin Market, 2017 - 2020, USD Thousands
TABLE 34 Germany Lactoferrin Market, 2021 - 2027, USD Thousands
TABLE 35 Germany Lactoferrin Market by Function, 2017 - 2020, USD Thousands
TABLE 36 Germany Lactoferrin Market by Function, 2021 - 2027, USD Thousands
TABLE 37 Germany Lactoferrin Market by Application, 2017 - 2020, USD Thousands
TABLE 38 Germany Lactoferrin Market by Application, 2021 - 2027, USD Thousands
TABLE 39 UK Lactoferrin Market, 2017 - 2020, USD Thousands
TABLE 40 UK Lactoferrin Market, 2021 - 2027, USD Thousands
TABLE 41 UK Lactoferrin Market by Function, 2017 - 2020, USD Thousands
TABLE 42 UK Lactoferrin Market by Function, 2021 - 2027, USD Thousands
TABLE 43 UK Lactoferrin Market by Application, 2017 - 2020, USD Thousands
TABLE 44 UK Lactoferrin Market by Application, 2021 - 2027, USD Thousands
TABLE 45 France Lactoferrin Market, 2017 - 2020, USD Thousands
TABLE 46 France Lactoferrin Market, 2021 - 2027, USD Thousands
TABLE 47 France Lactoferrin Market by Function, 2017 - 2020, USD Thousands
TABLE 48 France Lactoferrin Market by Function, 2021 - 2027, USD Thousands
TABLE 49 France Lactoferrin Market by Application, 2017 - 2020, USD Thousands
TABLE 50 France Lactoferrin Market by Application, 2021 - 2027, USD Thousands
TABLE 51 Russia Lactoferrin Market, 2017 - 2020, USD Thousands
TABLE 52 Russia Lactoferrin Market, 2021 - 2027, USD Thousands
TABLE 53 Russia Lactoferrin Market by Function, 2017 - 2020, USD Thousands
TABLE 54 Russia Lactoferrin Market by Function, 2021 - 2027, USD Thousands
TABLE 55 Russia Lactoferrin Market by Application, 2017 - 2020, USD Thousands
TABLE 56 Russia Lactoferrin Market by Application, 2021 - 2027, USD Thousands
TABLE 57 Spain Lactoferrin Market, 2017 - 2020, USD Thousands
TABLE 58 Spain Lactoferrin Market, 2021 - 2027, USD Thousands
TABLE 59 Spain Lactoferrin Market by Function, 2017 - 2020, USD Thousands
TABLE 60 Spain Lactoferrin Market by Function, 2021 - 2027, USD Thousands
TABLE 61 Spain Lactoferrin Market by Application, 2017 - 2020, USD Thousands
TABLE 62 Spain Lactoferrin Market by Application, 2021 - 2027, USD Thousands
TABLE 63 Italy Lactoferrin Market, 2017 - 2020, USD Thousands
TABLE 64 Italy Lactoferrin Market, 2021 - 2027, USD Thousands
TABLE 65 Italy Lactoferrin Market by Function, 2017 - 2020, USD Thousands
TABLE 66 Italy Lactoferrin Market by Function, 2021 - 2027, USD Thousands
TABLE 67 Italy Lactoferrin Market by Application, 2017 - 2020, USD Thousands
TABLE 68 Italy Lactoferrin Market by Application, 2021 - 2027, USD Thousands
TABLE 69 Rest of Europe Lactoferrin Market, 2017 - 2020, USD Thousands
TABLE 70 Rest of Europe Lactoferrin Market, 2021 - 2027, USD Thousands
TABLE 71 Rest of Europe Lactoferrin Market by Function, 2017 - 2020, USD Thousands
TABLE 72 Rest of Europe Lactoferrin Market by Function, 2021 - 2027, USD Thousands
TABLE 73 Rest of Europe Lactoferrin Market by Application, 2017 - 2020, USD Thousands
TABLE 74 Rest of Europe Lactoferrin Market by Application, 2021 - 2027, USD Thousands
TABLE 75 Key Information – Royal Frieslandcampina N.V.
TABLE 76 Key Information – Glanbia PLC
TABLE 78 Key Information – MORINAGA MILK INDUSTRY CO., LTD.
TABLE 79 Key Information – Ventria Bioscience Inc.
TABLE 80 Key Information – Farbest Brands
TABLE 81 Key Information – Bega Cheese Ltd.
TABLE 82 Key Information – MP Biomedicals LLC
TABLE 83 Key Information – Synlait Milk Limited
TABLE 84 Key Information – Pharming Group NV
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Royal FrieslandCampina N.V.
FIG 3 Recent strategies and developments: MORINAGA MILK INDUSTRY CO., LTD.
FIG 4 Recent strategies and developments: Bega Cheese Ltd.
FIG 5 Recent strategies and developments: Synlait Milk Limited