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PUne, India, May 24, 2021 (GLOBE NEWSWIRE) The
Global Lactoferrin Market Size was valued at USD 194.2 million in 2020 and is projected to grow at a CAGR of 6.9% during the forecast period till 2030.
Lactoferrin is a type of protein mainly found in cow and human milk. Colostrum, the first milk obtained after a baby is born, consists of high levels of lactoferrin, around seven times the amount found in milk produced later on. Lactoferrin is also found in liquids in the eye, intestine, nose, and others. People also use lactoferrin as a medicine.
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Increasing consumer awareness towards the adoption of healthy dietary practices is possible to raise the demand for superfood ingredients like lactoferrin in the upcoming years. Rising awareness about animal health and nutrition should additionally promote market development.