This report studies the global market size of Bovine Lactoferrin in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Bovine Lactoferrin in these regions.
This research report categorizes the global Bovine Lactoferrin market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter’s Five Forces Analysis.
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).
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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.
In 2017, the global Bovine Lactoferrin market size was 150 million US$ and is forecast to 250 million US in 2025, growing at a CAGR of 6.3% from 2018. The objectives of this study are to define, segment, and project the size of the Bovine Lactoferrin market based on company, product type, application and key regions.
The various contributors involved in the value chain of Bovine Lactoferrin include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Bovine Lactoferrin include
Market Size Split by Type
Freeze dried and milled
Spay dried powder
Market Size Split by Application
The study objectives of this report are:
To study and analyze the global Bovine Lactoferrin market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Bovine Lactoferrin market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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 project the value and volume 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.
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Bovine Lactoferrin market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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