ANZ Lactoferrin Market Size & Outlook, 2025-2030
Related Markets
ANZ lactoferrin market highlights
- The ANZ lactoferrin market generated a revenue of USD 11.0 million in 2024 and is expected to reach USD 16.3 million by 2030.
- The ANZ market is expected to grow at a CAGR of 6.5% from 2025 to 2030.
- In terms of segment, iron absorption was the largest revenue generating function in 2024.
- Immune Cell Stimulation is the most lucrative function segment registering the fastest growth during the forecast period.
Lactoferrin market data book summary
| Market revenue in 2024 | USD 11.0 million |
| Market revenue in 2030 | USD 16.3 million |
| Growth rate | 6.5% (CAGR from 2025 to 2030) |
| Largest segment | Iron absorption |
| Fastest growing segment | Immune Cell Stimulation |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Iron Absorption, Antiinflammatory, Intestinal Flora Protection, Antibacterial, Immune Cell Stimulation, Antioxidant |
| Key market players worldwide | Hilmar Cheese Company, Pharming Group, FrieslandCampina, Synlait Milk Ltd, Ingredion Inc, MP Biomedicals, Glanbia PLC, Fonterra Co-operative Group |
Other key industry trends
- In terms of revenue, ANZ accounted for 3.7% of the global lactoferrin market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China lactoferrin market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 6.7 million by 2030.
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Lactoferrin Market Scope
Lactoferrin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Synlait Milk Ltd | View profile | 363 | 1028 Heslerton Road, RD13, Rakaia, STL, New Zealand, 7783 | https://www.synlait.com |
| FrieslandCampina | View profile | 10001+ | Amersfoort, Utrecht, The Netherlands, Europe | https://www.frieslandcampina.com |
| Pharming Group | View profile | 382 | Darwinweg 24, Leiden, ZH, Netherlands, 2333 CR | https://www.pharming.com |
| MP Biomedicals | View profile | 501-1000 | Santa Ana, California, United States, North America | http://www.mpbio.com/index.php?cPath=8&country=223 |
| Hilmar Cheese Company | View profile | 1001-5000 | Hilmar, California, United States, North America | https://www.hilmarcheese.com |
| Fonterra Co-operative Group | View profile | 10001+ | Auckland, Auckland, New Zealand, Oceania | http://fonterra.com |
| Ingredion Inc | View profile | 11600 | 5 Westbrook Corporate Center, Westchester, IL, United States, 60154 | https://www.ingredion.com |
| Glanbia PLC | View profile | 5534 | Ring Road, Glanbia House, Kilkenny, Ireland, R95 E866 | https://www.glanbia.com |
ANZ lactoferrin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lactoferrin market will help companies and investors design strategic landscapes.
Iron absorption was the largest segment with a revenue share of 31.82% in 2024. Horizon Databook has segmented the ANZ lactoferrin market based on iron absorption, antiinflammatory, intestinal flora protection, antibacterial, immune cell stimulation, antioxidant covering the revenue growth of each sub-segment from 2018 to 2030.
Australia and New Zealand are being considered lucrative markets for the export and distribution of lactoferrin. The lactoferrin market is characterized by the presence of key manufacturers and a sizable number of health-conscious consumers in Australia and New Zealand.
Product innovation is another key factor driving the demand for lactoferrin in the country with prominent market players rolling out products with enhanced immunity claims. According to the Australian Bureau of Statistics, the exports for whey protein milk powder to China tripled in March from February 2020.
The export volume is expected to remain high owing to the higher demand from China. Immunity boosting properties of the lactoferrin are responsible for the increased demand for lactoferrin-based products in China since the outbreak of the novel coronavirus which is expected to boost the growth of the lactoferrin market in Australia and New Zealand.
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Target buyers of ANZ lactoferrin market databook
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Our clientele includes a mix of lactoferrin market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the ANZ lactoferrin market , including forecasts for subscribers. This country databook contains high-level insights into ANZ lactoferrin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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ANZ lactoferrin market size, by function, 2018-2030 (US$M)
ANZ Lactoferrin Market Outlook Share, 2024 & 2030 (US$M)
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