Published Date: Mar, 2021 | 168 Pages | Report ID: MRU_114985
Bovine Lactoferrin Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
114985 | Date :
Feb, 2023 | Pages :
168 | Region : Global |
Publisher : Ri research
The report offers detailed coverage of Bovine Lactoferrin industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Bovine Lactoferrin by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Lactoferrin (LF), also known as lactotransferrin (LTF), is a multifunctional protein of the transferrin family. Lactoferrin is a globular glycoprotein with a molecular mass of about 80 kDa that is widely represented in various secretory fluids, such as milk, saliva, tears, and nasal secretions. Lactoferrin is also present in secondary granules of PMN and is secreted by some acinar cells. Lactoferrin can be purified from milk or produced recombinantly. Human colostrum (first milk) has the highest concentration, followed by human milk, then cow milk (150 mg/L).
First, for industry structure analysis, the Bovine Lactoferrin industry is relatively concentrated. These manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 69.21% of the revenue market. Regionally, New Zealand is the biggest production value area of valves, also the leader in the whole Bovine Lactoferrin industry.
Second, the production of Bovine Lactoferrin increased from 172.63MT in 2011 to 221.81 MT in 2015 with an average growth rate of more than 6%.
Third, New Zealand occupied 37.15% of the production market in 2015. It is followed by USA and Australia, which respectively have around 24.48% and 19.14% of the global total industry. Other countries have a small amount of production. Geographically, Japan was the largest consumption market in the world, which took about 57.6% of the global consumption volume in 2015.
Fourth, for price trend analysis, a key variable in the performance of Bovine Lactoferrin producers is raw material costs, specifically the speed at which any increase can be passed through to customers. The price of the major raw material varies according to the milk price.
Fifth, for forecast, the global Bovine Lactoferrin revenue would keep increasing with annual growth rate with 5~9%. We tend to believe that this industry still has a bright future, considering the current demand of Bovine Lactoferrin.
The report forecast global Bovine Lactoferrin market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Bovine Lactoferrin market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Bovine Lactoferrin according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
Freeze dried and milled
Spay dried powder Market by Application
Infant formula
Dietary supplements
Pharmaceutical
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Bovine Lactoferrin market for the forecast period 2023 - 2030?
• What are the driving forces in the Bovine Lactoferrin market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Bovine Lactoferrin industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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