Canada Lactoferrin Market Size & Outlook, 2025-2030
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Canada lactoferrin market highlights
- The Canada lactoferrin market generated a revenue of USD 6.7 million in 2024 and is expected to reach USD 11.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.9% from 2025 to 2030.
- In terms of segment, iron absorption was the largest revenue generating function in 2024.
- Intestinal Flora Protection is the most lucrative function segment registering the fastest growth during the forecast period.
Lactoferrin market data book summary
| Market revenue in 2024 | USD 6.7 million |
| Market revenue in 2030 | USD 11.1 million |
| Growth rate | 8.9% (CAGR from 2025 to 2030) |
| Largest segment | Iron absorption |
| Fastest growing segment | Intestinal Flora Protection |
| 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, Canada accounted for 2.2% of the global lactoferrin market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. lactoferrin market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 4.8 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 |
Canada 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 31.34% in 2024. Horizon Databook has segmented the Canada 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.
As is the case with other countries in North America, the demand for lactoferrin in Canada is driven by the increasing consumption of probiotics probiotic products. The rising popularity of probiotic products is attributable to the increasing consumption among female consumers, most notably millennials in the country.
Recent years have witnessed an increased application scope for probiotic supplements in the country with prominent market players looking to innovate their product offerings in the probiotics space. Such factors are likely to contribute to increased demand for lactoferrin in the near term.
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Our clientele includes a mix of lactoferrin market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada lactoferrin market , including forecasts for subscribers. This country databook contains high-level insights into Canada lactoferrin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada lactoferrin market size, by function, 2018-2030 (US$M)
Canada Lactoferrin Market Outlook Share, 2024 & 2030 (US$M)
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