Global Bovine Lactoferrin Market Size study, by Product (Freeze-dried, Spray-dried) by Application (Infant Formula, Dietary Supplements, Pharmaceuticals, Food, Others) and Regional Forecasts 2022-2032

Description

List of Tables

Global Bovine Lactoferrin Market is valued approximately at USD 421.23 million in 2023 and is anticipated to grow with a healthy growth rate of more than 7.80% over the forecast period 2024-2032. Bovine lactoferrin, a glycoprotein abundant in cow's milk and other mammalian secretions, such as human milk, serves as a cornerstone of the innate immune system. It operates as both a formidable antimicrobial warrior and a vital iron transporter. Its multifaceted nature extends to an array of biological functions, encompassing antibacterial, antiviral, antifungal, anti-inflammatory, and immunomodulatory capabilities. Also, the key trend of Bovine Lactoferrin market is growing demand for the functional and nutraceuticals foods. Consumers are increasingly seeking out functional foods and nutraceuticals that offer health benefits beyond basic nutrition. Bovine lactoferrin, with its diverse biological activities and potential health benefits, is being incorporated into various food and beverage products to meet this demand.

Growing awareness among consumers about the health benefits of bovine lactoferrin is driving its demand. Research studies highlighting its potential in boosting the immune system, promoting gut health, and aiding in the prevention of various diseases are contributing to the market expansion. Also, bovine lactoferrin is utilized in a wide range of applications in both nutraceuticals and pharmaceuticals. It is used in infant formula, dietary supplements, sports nutrition products, and pharmaceutical formulations. The versatility of bovine lactoferrin in these sectors is driving its market growth. Nevertheless, the anticipated market growth from 2024 to 2032 may encounter obstacles due to the elevated expenses associated with lactoferrin-infused products.

The key regions considered for the global Bovine Lactoferrin market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, Asia Pacific was the largest regional market in terms of revenue. The regional market's prominence can be primarily attributed to the rising demand for infant formula and dietary supplements among the population. This surge in the demand is driving the integration of lactoferrin into infant formula and other nutritious food products to enhance their nutritional value. Additionally, a decline in breastfeeding rates is contributing to the increased demand for infant formula in the region. This, together with the increased usage of these products as additional nutritional sources to breast milk in infant formula, is collectively driving market growth.

Major market player included in this report are:

MILEI GmbH (Germany)
Bega Cheese Ltd. (Australia)
Fonterra Co-operative Group (New Zealand)
FrieslandCampina DOMO (Netherlands)
Beston Global Food Company Ltd (Australia)
SAVENCIA SA (France)
Saputo Dairy Australia Pty Ltd. (Australia)
Noumi Limited (Australia)
Synlait Ltd. (New Zealand)
Glanbia Plc. (Ireland)

The detailed segments and sub-segment of the market are explained below:

By Product

Freeze-dried
Spray-dried

By Application

Infant Formula
Dietary Supplements
Pharmaceuticals
Food
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Global Bovine Lactoferrin Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Global Bovine Lactoferrin Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By Product
- 2.3.2. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Global Bovine Lactoferrin Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Global Bovine Lactoferrin Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Bovine Lactoferrin Market Size & Forecasts by Product 2022-2032

5.1. Freeze-dried
5.2. Spray-dried

Chapter 6. Global Bovine Lactoferrin Market Size & Forecasts by Application 2022-2032

6.1. Infant Formula
6.2. Dietary Supplements
6.3. Pharmaceuticals
6.4. Food
6.5. Others

Chapter 7. Global Bovine Lactoferrin Market Size & Forecasts by Region 2022-2032

7.1. North America Bovine Lactoferrin Market
- 7.1.1. U.S. Bovine Lactoferrin Market
  - 7.1.1.1. Product breakdown size & forecasts, 2022-2032
  - 7.1.1.2. Application breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Bovine Lactoferrin Market
7.2. Europe Bovine Lactoferrin Market
- 7.2.1. U.K. Bovine Lactoferrin Market
- 7.2.2. Germany Bovine Lactoferrin Market
- 7.2.3. France Bovine Lactoferrin Market
- 7.2.4. Spain Bovine Lactoferrin Market
- 7.2.5. Italy Bovine Lactoferrin Market
- 7.2.6. Rest of Europe Bovine Lactoferrin Market
7.3. Asia-Pacific Bovine Lactoferrin Market
- 7.3.1. China Bovine Lactoferrin Market
- 7.3.2. India Bovine Lactoferrin Market
- 7.3.3. Japan Bovine Lactoferrin Market
- 7.3.4. Australia Bovine Lactoferrin Market
- 7.3.5. South Korea Bovine Lactoferrin Market
- 7.3.6. Rest of Asia Pacific Bovine Lactoferrin Market
7.4. Latin America Bovine Lactoferrin Market
- 7.4.1. Brazil Bovine Lactoferrin Market
- 7.4.2. Mexico Bovine Lactoferrin Market
- 7.4.3. Rest of Latin America Bovine Lactoferrin Market
7.5. Middle East & Africa Bovine Lactoferrin Market
- 7.5.1. Saudi Arabia Bovine Lactoferrin Market
- 7.5.2. South Africa Bovine Lactoferrin Market
- 7.5.3. Rest of Middle East & Africa Bovine Lactoferrin Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. MILEI GmbH (Germany)
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Bega Cheese Ltd. (Australia)
- 8.3.3. Fonterra Co-operative Group (New Zealand)
- 8.3.4. FrieslandCampina DOMO (Netherlands)
- 8.3.5. Beston Global Food Company Ltd (Australia)
- 8.3.6. SAVENCIA SA (France)
- 8.3.7. Saputo Dairy Australia Pty Ltd. (Australia)
- 8.3.8. Noumi Limited (Australia)
- 8.3.9. Synlait Ltd. (New Zealand)
- 8.3.10. Glanbia Plc. (Ireland)

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes

LIST OF TABLES

TABLE 1.Global Bovine Lactoferrin market, report scope
TABLE 2.Global Bovine Lactoferrin market estimates & forecasts by Region 2022-2032 (USD Million)
TABLE 3.Global Bovine Lactoferrin market estimates & forecasts by Product 2022-2032 (USD Million)
TABLE 4.Global Bovine Lactoferrin market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 5.Global Bovine Lactoferrin market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6.Global Bovine Lactoferrin market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7.Global Bovine Lactoferrin market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8.Global Bovine Lactoferrin market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9.Global Bovine Lactoferrin market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10.Global Bovine Lactoferrin market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11.Global Bovine Lactoferrin market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12.Global Bovine Lactoferrin market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13.Global Bovine Lactoferrin market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 14.Global Bovine Lactoferrin market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 15.U.S. Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 16.U.S. Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 17.U.S. Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 18.Canada Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 19.Canada Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 20.Canada Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 21.UK Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 22.UK Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 23.UK Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 24.Germany Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 25.Germany Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 26.Germany Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 27.France Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 28.France Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 29.France Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 30.Italy Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 31.Italy Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 32.Italy Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 33.Spain Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 34.Spain Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 35.Spain Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 36.RoE Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 37.RoE Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 38.RoE Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 39.China Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 40.China Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 41.China Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 42.India Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 43.India Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 44.India Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 45.Japan Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 46.Japan Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 47.Japan Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 48.Australia Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 49.Australia Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 50.Australia Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 51.South Korea Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 52.South Korea Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 53.South Korea Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 54.
TABLE 55.RoAPAC Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 56.RoAPAC Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 57.RoAPAC Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 58.Brazil Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 59.Brazil Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 60.Brazil Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 61.Mexico Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 62.Mexico Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 63.Mexico Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 64.RoLA Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 65.RoLA Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 66.RoLA Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 67.Saudi Arabia Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 68.Saudi Arabia Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 69.Saudi Arabia Bovine Lactoferrin market estimates & forecasts, 2022-2032 (USD Million)
TABLE 70.South Africa Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 71.
TABLE 72.South Africa Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 73.South Africa Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 74.RoMEA Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 75.RoMEA Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 76.RoMEA Bovine Lactoferrin market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 77.List of secondary sources, used in the study of Global Bovine Lactoferrin Market.
TABLE 78.List of primary sources, used in the study of Global Bovine Lactoferrin Market.
TABLE 79.Years considered for the study.
TABLE 80.Exchange rates considered

LIST OF FIGURES

FIG 1.Global Bovine Lactoferrin market, research methodology
FIG 2.Global Bovine Lactoferrin market, market estimation techniques
FIG 3.Global market size estimates & forecast methods.
FIG 4.Global Bovine Lactoferrin market, key trends 2023
FIG 5.Global Bovine Lactoferrin market, growth prospects 2022-2032
FIG 6.Global Bovine Lactoferrin market, porters 5 force model
FIG 7.Global Bovine Lactoferrin market, pestel analysis
FIG 8.Global Bovine Lactoferrin market, value chain analysis
FIG 9.Global Bovine Lactoferrin market by segment, 2022 & 2032 (USD Million)
FIG 10.Global Bovine Lactoferrin market by segment, 2022 & 2032 (USD Million)
FIG 11.Global Bovine Lactoferrin market by segment, 2022 & 2032 (USD Million)
FIG 12.Global Bovine Lactoferrin market by segment, 2022 & 2032 (USD Million)
FIG 13.Global Bovine Lactoferrin market by segment, 2022 & 2032 (USD Million)
FIG 14.Global Bovine Lactoferrin market, regional snapshot 2022 & 2032
FIG 15.North America Bovine Lactoferrin market 2022 & 2032 (USD Million)
FIG 16.Europe Bovine Lactoferrin market 2022 & 2032 (USD Million)
FIG 17.Asia pacific Bovine Lactoferrin market 2022 & 2032 (USD Million)
FIG 18.Latin America Bovine Lactoferrin market 2022 & 2032 (USD Million)
FIG 19.Middle East & Africa Bovine Lactoferrin market 2022 & 2032 (USD Million)
FIG 20.Global Bovine Lactoferrin market, company market share analysis (2023)