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.
According to this study, over the next five years the Bovine Lactoferrin market will register a 6.4% CAGR in terms of revenue, the global market size will reach US$ 220 million by 2024, from US$ 150 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Bovine Lactoferrin business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Bovine Lactoferrin market by product type, application, key manufacturers and key regions and countries.
This study considers the Bovine Lactoferrin value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Freeze dried and milled
Spay dried powder
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Infant formula
Dietary supplements
Pharmaceutical
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Fonterra Group
Bega Cheese
FrieslandCampina (DMV)
Milei Gmbh
Glanbia Nutritionals
Westland Milk
Tatua
Synlait Milk
WBC
Murray Goulburn
Ingredia Nutritional
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Bovine Lactoferrin consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Bovine Lactoferrin market by identifying its various subsegments.
Focuses on the key global Bovine Lactoferrin manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Bovine Lactoferrin with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Bovine Lactoferrin submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Bovine Lactoferrin . Industry analysis & Market Report on Bovine Lactoferrin is a syndicated market report, published as Global Bovine Lactoferrin Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Bovine Lactoferrin market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.