Lactoferrin Market Is Likely To Up Demand At A USD 411.8 Million By 2028
San Francisco, 2 Feb 2024: The Report Lactoferrin Market Size, Share & Trends Analysis Report By Function (Iron Absorption, Intestinal Flora Protection), By Application (Personal Care Products, Infant Formula), By Region (North America, APAC, Europe), And Segment Forecasts, 2021 - 2028 The global lactoferrin market is expected to reach USD 411.8 million by 2028, according to a new study by Grand View Research, Inc. It is expected to expand at a CAGR of 8.2% from 2021 to 2028. Increasing incorporation of lactoferrin in various products ranges including infant food, food supplements, dietetic foods, alcoholic beverages, sports nutrition, and personal care and cosmetics should bolster the lactoferrin market in the forecast timeframe, ascribed to strong health benefits. Lactoferrin offers stimulating effects on the immune system, prevents cell damage caused by aging, promotes the culture of beneficial bacterial in the intestinal tract, and regulat...