Lactoferrin Supplements Market: Overview:
Lactoferrin is a glycoprotein present in cow and human milk and is used as a supplement as it offers various health benefits. Lactoferrin supplements are available in the form of capsules and provide antiviral, antibacterial and antioxidant properties. Lactoferrin supplements market witness demand from the manufacturers of nutraceutical and pharmaceutical industries, among others.
Growing health consciousness among consumers is a major factor driving the growth of the lactoferrin supplement market as lactoferrin regulates iron metabolism, acts as an antibacterial agent, has antioxidant properties and thus, helps in improving immunity.
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Lactoferrin Supplements Market: Dynamics
Also, there has been an increase in the demand for sports nutrition products, owing to the rising fitness trend among youngsters, which is likely to drive the lactoferrin supplement market as lactoferrin offers nutritional value and is easy to consume.
Lactoferrin Supplements Market: Segmentation:
Segmentation of the lactoferrin supplement market on the basis of end use:
- Sports nutrition
- Pharmaceuticals
- Others (e.g. Infant formula and baby food, etc.)
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Lactoferrin Supplements Market: Competitive Analysis:
The use of iron supplements often causes abdominal pain, heartburn, vomiting, constipation and other health issues, which lead to poor absorption of iron. Thus, lactoferrin supplements offer a superior alternative in regulating iron absorption and metabolism.
Life Extension Lactoferrin Apolactoferrin, Jarrow Formulas Lactoferrin and Naturade Symbiotics Colostrum Plus are some of the noteworthy lactoferrin supplements in the market. Jarrow Formulas Lactoferrin is in the form of freeze-dried capsules and can be consumed along with other supplements and protein shakes.
Players are focusing on developing lactoferrin supplements for non-meat eaters, which is also expected to drive the growth of the lactoferrin supplement market in the future.
Important doubts related to the Lactoferrin Supplements Market clarified in the report:
- Which regional market is expected to witness the highest growth during the forecast period?
- How has the surging prices of raw materials during the COVID-19 pandemic impacted the growth of the keyword market?
- Why are market players focusing on R&D and innovations?
- Are market players expanding their global presence? If yes, how?
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Report regional analysis includes:
- North America
- Europe
- MEA
- East Asia (Japan, China, South Korea)
- South Asia (India, Thailand, Malaysia, Indonesia, Philippines, Rest)
- Oceania (Australia, New Zealand)
- Latin America
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
Lactoferrin Supplements Market: Prominent Players:
Some of the key players identified in the lactoferrin market are NOW foods, Jarrow Formulas, Life Extension, Fonterra Cooperative Group, Glanbia Nutritionals, Synlait Milk Ltd., Metagenics, Inc., Naturade, Ingredia SA, Agennix Inc. and Morinaga Milk Industry Co. Ltd.
The Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
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Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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