Lactoferrins Market - Global Industry, Analysis, Size, Share, Growth, Trends, and Forecasts

Category: Business

Lactoferrins is a kind of protein present in animal milk, human milk, or other bodily fluids that helps to bind the iron and are put to use in various skin treatment options. Lactoferrin is considered to have antibacterial, anti-allergic, antiparasitic, antiviral, and catalytic properties, which will drive product demand in the personal care and pharmaceutical industries. The rising prevalence of skin related issues is a prime factor augmenting the sales growth of the global lactoferrins market during the forecast period, set between 2021 and 2031. The lactoferrins market is categorized on the basis of function, application, and region. With respect to function, the market is grouped into antioxidant, immune cell stimulation, anti-bacterial, intestinal flora protection, anti-inflammatory, and iron absorption. In terms of application, the market is categorized into animal feed, personal care products, pharmaceuticals, sports & functional foods, infant formula,, and food & beverages.