Middle East & Africa Lactoferrin Market Size & Outlook
Related Markets
MEA lactoferrin market highlights
- The MEA lactoferrin market generated a revenue of USD 14.3 million in 2024.
- The market is expected to grow at a CAGR of 8.1% from 2025 to 2030.
- In terms of segment, iron absorption was the largest revenue generating function in 2024.
- Iron Absorption is the most lucrative function segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 14.3 million |
| Market revenue in 2030 | USD 22.7 million |
| Growth rate | 8.1% (CAGR from 2025 to 2030) |
| Largest segment | Iron absorption |
| Fastest growing segment | Iron Absorption |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 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, MEA region accounted for 4.8% of the global lactoferrin market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 112.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
Middle East & Africa 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 31.47% in 2024. Horizon Databook has segmented the Middle East & Africa 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.
Expanding health markets in MEA have prompted the growth in lactoferrin market. This market is principally driven by rising disposable incomes and increasing awareness among consumers regarding the health benefits of lactoferrin as an ingredient in various health supplements.
Various factors including slowing demand for dairy products in Asian markets, most notably China; and the presence of entry barriers in Russia have been encouraging manufacturers of dairy products to expand their operations in Middle East & Africa. Such factors are likely to contribute to absolute value growth as regards the Middle East & Africa lactoferrin market over the forecast period.
Reasons to subscribe to Middle East & Africa lactoferrin market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa lactoferrin market databook
-
Our clientele includes a mix of lactoferrin market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 continent-level data and insights on the Middle East & Africa lactoferrin market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa lactoferrin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA lactoferrin market size, by country, 2018-2030 (US$M)
Middle East & Africa Lactoferrin Market Outlook Share, 2024 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
