1. Lactoferrin Market Analysis, Market Size, Application
Analysis, Regional Outlook, Competitive Strategies And
Forecasts, 2015 To 2022
Global lactoferrin market is anticipated to be driven on account of increasing
fortification in functional food products. Growing application of lactoferrin as an
additive in food & beverage industry on account of providing anti-allergic and
digestion stimulation is expected to favourably impact the market. Rising
importance of bone and muscle growth stimulants in sports nutrition products is
anticipated to result in promoting lactoferrin market growth in the near future.
Increasing fortification of lactoferrin in infant formula on account of stimulating
growth is foreseen to have a positive impact on the market. In May 2012, European
Food Safety Authority deemed the application of lactoferrin safe to use in food
products. This regulatory move is expected to result in increasing lactoferrin
market demand in food & beverage industry over the forecast period.
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Growing application of lactoferrin in pharmaceuticals industry on account of
excellent antibacterial and antiviral properties is expected to favourably impact the
market over the forecast period. Increasing R&D expenditure of lactoferrin in
cancer medication on account of showing promising results in mouth, lung and
liver cancer treatment is anticipated to open new avenues for the market in the near
future. Growing application of lactoferrin owing to its blood sugar regulation
property is foreseen to have a positive impact on the market. Technological
improvement for the treatment of osteoporosis, alzheimer’s and cardiovascular
disorders is hence expected to augment lactoferrin market growth over the next
seven years.
3. Rising R&D expenditure for the deployment of nanotechnology aimed at use in
pharmaceuticals industry is expected to have a positive impact on the market in the
near future. Lactoferrin market is expected to witness growth in personal care
industry on account of exhibiting antioxidant and antibacterial properties to
manufacture products such as anti-aging skin creams and hair conditioning creams.
Key players in the lactoferrin market include Fonterra, Ventrua Bioscience,
Pharming, Synlait Milk Limited and Metagenics. In August 2014, Bill and Melinda
Gates Foundation funded a research by the University of Sydney to use lactoferrin
in treating iron deficiency anaemia during pregnancy. In March 2015, Nestle filed
a patent for whey based lactoferrin aimed at stimulating brain maturation,
improving memory and learning speed in children.
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