UK Lactoferrin Market Size & Outlook, 2023-2028
UK lactoferrin market, 2017-2028 (US$K)
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UK lactoferrin market highlights
- The UK lactoferrin market generated a revenue of USD 9,879.2 thousand in 2023 and is expected to reach USD 14,976.8 thousand by 2028.
- The UK market is expected to grow at a CAGR of 8.7% from 2024 to 2028.
- In terms of segment, iron absorption was the largest revenue generating function in 2023.
- 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 2023 | USD 9,879.2 thousand |
| Market revenue in 2028 | USD 14,976.8 thousand |
| Growth rate | 8.7% (CAGR from 2023 to 2028) |
| Largest segment | Iron absorption |
| Fastest growing segment | Intestinal Flora Protection |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2028 |
| Quantitative units | Revenue in USD thousand |
| 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, UK accounted for 3.6% of the global lactoferrin market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany lactoferrin market is projected to lead the regional market in terms of revenue in 2028.
- France is the fastest growing regional market in Europe and is projected to reach USD 9,119.8 thousand by 2028.
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Lactoferrin Market Scope
Lactoferrin Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 29.17% in 2023. Horizon Databook has segmented the UK lactoferrin market based on iron absorption, antiinflammatory, intestinal flora protection, antibacterial, immune cell stimulation, antioxidant covering the revenue growth of each sub-segment from 2017 to 2028.
Consumers in UK are becoming increasingly aware of healthy consumption habits and are taking more responsibility to ensure the wellbeing of both their mental and physical health. The perception of being healthy has also changed significantly among UK consumers.
As a result, UK has been experiencing high demand for digestive health supplements over the years. Increasing digestive distresses and the presence of an ageing population are some of the other factors fueling the demand for lactoferrin in this country.
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Target buyers of UK 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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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 UK lactoferrin market , including forecasts for subscribers. This country databook contains high-level insights into UK lactoferrin market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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UK lactoferrin market size, by function, 2017-2028 (US$K)
UK Lactoferrin Market Outlook Share, 2023 & 2028 (US$K)
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