Lactoferrin Market is Expected to Reach USD 167.9 million by 2025
Lactoferrin Market is Expected to Reach USD 167.9
Published on in “Business”, language — English. 6 pages.
Infant formula application segment is expected to have a steady growth rate over the next eight years with an estimated CAGR of 8.1%. The multifunctional protein is the key component of human milk required for infants as they help in iron absorption and its transportation. More
The global lactoferrin market is expected to reach USD 167.9 million by 2025. Increasing demand for infant formula has been a major factor driving market growth. Utilization of lactoferrin has increased owing to the rising health concerns among consumers.
Lactoferrin is derived from the transferrin family and is a multifunctional protein. Transferrins are glycoproteins and are known to have the ability to control the free iron content in the human body, and bind them together. More