Global Bovine Lactoferrin Market Insights, Forecast to 2025
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).
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.
The global Bovine Lactoferrin market is valued at 150 million US$ in 2018 and will reach 250 million US$ by the end of 2025, growing at a CAGR of 6.3% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Bovine Lactoferrin market based on company, product type, end user and key regions.
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 top players/brands, region, type and end user. This report also studies the global Bovine Lactoferrin market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Fonterra Group
Bega Cheese
FrieslandCampina (DMV)
Milei Gmbh
Glanbia Nutritionals
Westland Milk
Tatua
Synlait Milk
WBC
Murray Goulburn
Ingredia Nutritional
Market size by Product
Freeze dried and milled
Spay dried powder
Market size by End User
Infant formula
Dietary supplements
Pharmaceutical
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Bovine Lactoferrin market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, 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 companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Bovine Lactoferrin submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Bovine Lactoferrin are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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.
The global Bovine Lactoferrin market is valued at 150 million US$ in 2018 and will reach 250 million US$ by the end of 2025, growing at a CAGR of 6.3% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Bovine Lactoferrin market based on company, product type, end user and key regions.
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 top players/brands, region, type and end user. This report also studies the global Bovine Lactoferrin market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Fonterra Group
Bega Cheese
FrieslandCampina (DMV)
Milei Gmbh
Glanbia Nutritionals
Westland Milk
Tatua
Synlait Milk
WBC
Murray Goulburn
Ingredia Nutritional
Market size by Product
Freeze dried and milled
Spay dried powder
Market size by End User
Infant formula
Dietary supplements
Pharmaceutical
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Bovine Lactoferrin market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, 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 companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Bovine Lactoferrin submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Bovine Lactoferrin are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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, 2018 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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