Rising application in infant formula could impel lactoferrin market size between 2021-2027

The demand for lactoferrin is expected to exceed in the ensuing years as to the product’s antibacterial, antioxidant, anti-inflammatory, immunity-boosting, and iron absorption properties. Lactoferrin helps the body protect against pathogenic microorganisms such as those that cause viral, bacterial, and fungal infections. The multifunctional protein is also added to cosmetics and personal care products given to its wide-ranging features. Having said that, a study conducted in 2017 observed that the use of lactoferrin supplements along with zinc and vitamin E on patients with moderate acne could reduce total acne lesions, and inflammatory lesions.

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According to a report published by Global Market Insights, the lactoferrin market size is expected to surpass USD 315 million by 2027. Mounting instances of gastric and digestive disorders are expected to propel the demand for lactoferrin as an anti-inflammatory ingredient. The anti-inflammatory function segment in the global lactoferrin market is likely to reach over USD 70 Million by 2027. Health consciousness among population in large and rising shift to sports activities and physical fitness could boost the demand for different types of nutrition products. Availability across dedicated stores and expert advice from trained professionals in nutrition and health could advocate sales of nutrition products containing lactoferrin.

Surge in cases of infections among newborns and infants as to their weak immune system could spike the requirement for infant formulas containing lactoferrin. Inclusion of lactoferrin inhibits the formation of biofilm which blocks bacteria growth. Gripping use in therapeutic applications could prompt the growth of lactoferrin market. Reports suggest that the global lactoferrin market from the pharmaceutical application may surpass USD 53.78 Million by 2027.

The Covid-19 pandemic could influence lactoferrin market growth. Lactoferrin holds the ability to offer in vitro antiviral efficacy in severe COVID-19 cases due to its anti-inflammatory and immunomodulatory properties. The protein limits microbial growth due to its ability to bind with iron. It also interacts with viral, microbial, and cellular surfaces to restrain microbial adhesion. These product feature could boost its demand in the pharmaceutical sector over the estimated period.

In Europe, increasing application in cosmetic and personal care products could augment the demand for lactoferrin in the forecast period. Rise in consumer awareness regarding hygiene and personal grooming and increasing skin exposure to harsh environmental conditions such as excessive dust, dirt, grime, moisture, and sunlight could essentially boost the supply and requirement for lactoferrin. According to the report, the Europe lactoferrin market was valued at over USD 35 Million in 2020, and is expected to grow at a CAGR of 6.4% between 2021 and 2027.

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