Lactoferrin market set to surpass €265 million by 2027
The global Lactoferrin market size is set to surpass €265 million (315 million USD) by 2027, thanks to its increasingly relevant links to infant nutrition, immune health, the microbiome, and skin health, according to Global Market Insights, Inc (GMI).
Lactoferrin is a part of the larger transferrin protein family and possesses excellent iron-binding properties which can be obtained from different sources including rice flour, human milk, and animal milk. There are three forms: apolactoferrin (iron-free), a monoferric form (containing one ferric ion), and hololactoferrin (containing two iron ions).
It performs the function of an antioxidant in different drug formulations used to cure bacterial and viral infections and is used to cure various disorders related to human digestive system.