Bovine Lactoferrin Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Bovine Lactoferrin Market is segmented by Product Type (Freeze Dried and Spray Dried), Application (Infant Formula, Nutraceuticals, Pharmaceuticals, and Others), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America). The report offers the value (USD million) for the above segments.

Bovine Lactoferrin Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Bovine Lactoferrin Market Size

Bovine Lactoferrin Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 15.70 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration High

Major Players

Bovine Lactoferrin Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Bovine Lactoferrin Market with other markets in Healthcare Industry

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Bovine Lactoferrin Market Analysis

The Bovine Lactoferrin Market is expected to register a CAGR of 15.7% during the forecast period.

Also, it was reported that it boosts the activity of leukocytes and helps in the defense mechanism of the body. The above-mentioned factors are some of the sole reasons for the increasing use of bovine lactoferrin in infant formula. For instance, according to Good Health New Zealand, one of their product, Modified Milk Powder with added lactoferrin, provides immune support ad supports good health for infants. Also, Mead Johnson & Company, LLC., one of the leading companies in infant formula, claimed added nutritious value with immune boosting capacity for its Enfamil Enspire infant formula.
Additionally, increasing the production capacity of lactoferrin by the key players is another factor attributing to the higher adoption of lactoferrin among the general population and supporting the growth of the market. For instance, according to a press release by FrieslandCampina DOMO in September 2020, it was reported that they increased their production capacity of lactoferrin by 600% from 10 metric tons to 70 metric tons. This caters to the rising demand for lactoferrin among different industries.
Further, the increasing number of working women worldwide is resulting in a decreasing rate of breastfeeding. For instance, according to an article published by the Office of National Statistics in July 2022, it was reported that the number of working women reached 15.7 million in the United Kingdom in 2022, which is a jump of 2 million in the last ten years. According to data from Organisation for Economic Co-operation and Development (OECD), it was reported that the average percentage of women in the working-age population increased from 61.16% in Q1 2019 to 62.36 in Q3 2022 for the OECD countries. Also, according to an article published by Keeping-Mum in August 2021, it was reported that the breastfeeding rate is significantly low in the United Kingdom. This is alternatively fostering the demand for infant formula and subsequently fueling the application of lactoferrin in the infant formula for added nutritional value.
Thus, owing to the aforementioned factors, the market is anticipated to grow at a lucrative growth rate during the forecast period. However, certain side effects, including allergic reactions and diarrhea, are limiting the adoption rate of lactoferrin and lactoferrin-added products during the study period.

Bovine Lactoferrin Industry Overview

The Bovine Lactoferrin Market is consolidated and consists of a few major players. In terms of market share, the major players are currently dominating the market. Some of the key companies in the market are MILEI GmbH, Bega Cheese Ltd., FrieslandCampina DOMO, Fonterra Co-operative Group, Freedom Foods Group Limited, Synlait Ltd., Glanbia Plc., Ingredia, Farbest Brands, Ferrin-Tech among others.

Bovine Lactoferrin Market Leaders

  1. MILEI GmbH

  2. Bega Cheese Ltd.

  3. FrieslandCampina DOMO

  4. Fonterra Co-operative Group

  5. Ingredia

  6. *Disclaimer: Major Players sorted in no particular order
Bovine Lactoferrin Market Concentration
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Bovine Lactoferrin Market News

  • In March 2023: FrieslandCampina DOMO inaugurated a new lactoferrin production facility in Veghel in the Netherlands, with an aim to cater to the rising demand for lactoferrin.
  • June 2021: Beston Global Food Company Ltd completed the expansion of lactoferrin production capacity in Jervois, Australia. The company utilized two lactoferrin extraction columns for the production of 25 tons of lactoferrin every year. This assisted the company in catering to the rising demand for lactoferrin in Australia.

Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Application of Bovine Lactoferrin in Pharmaceutical Industry
    • 4.2.2 Increasing Adoption of Lactoferrin Added Infant Formula
  • 4.3 Market Restraints
    • 4.3.1 High Cost of Lactoferrin Added Products
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD million)

  • 5.1 By Product Type
    • 5.1.1 Freeze Dried
    • 5.1.2 Spray Dried
  • 5.2 By Application
    • 5.2.1 Infant Formula
    • 5.2.2 Nutraceuticals
    • 5.2.3 Pharmaceuticals
    • 5.2.4 Other Applications
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 France
    • 5.3.2.4 Italy
    • 5.3.2.5 Spain
    • 5.3.2.6 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 Japan
    • 5.3.3.3 India
    • 5.3.3.4 Australia
    • 5.3.3.5 South Korea
    • 5.3.3.6 Rest of Asia-Pacific
    • 5.3.4 Middle-East and Africa
    • 5.3.4.1 GCC
    • 5.3.4.2 South Africa
    • 5.3.4.3 Rest of Middle East and Africa
    • 5.3.5 South America
    • 5.3.5.1 Brazil
    • 5.3.5.2 Argentina
    • 5.3.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 MILEI GmbH
    • 6.1.2 Bega Cheese Ltd.
    • 6.1.3 FrieslandCampina DOMO
    • 6.1.4 Fonterra Co-operative Group
    • 6.1.5 FREEDOM FOODS GROUP LIMITED
    • 6.1.6 Synlait Ltd.
    • 6.1.7 Glanbia Plc.
    • 6.1.8 Ingredia
    • 6.1.9 Farbest Brands
    • 6.1.10 Ferrin-Tech
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Bovine Lactoferrin Industry Segmentation

As per the scope of this report, bovine lactoferrin has an anti-infective, anti-inflammatory, and anti-cancer effect. This has an iron-binding capacity by which it attaches to the iron, which is the binding site of viruses and limits the growth of a number of viruses. Owing to these factors, bovine lactoferrin supports the immune response as well as the immune-modulatory effect in the body.

The Bovine Lactoferrin Market is segmented by Product Type (Freeze Dried and Spray Dried), Application (Infant Formula, Nutraceuticals, and Pharmaceuticals), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America).

By Product Type Freeze Dried
Spray Dried
By Application Infant Formula
Nutraceuticals
Pharmaceuticals
Other Applications
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Frequently Asked Questions

What is the current Bovine Lactoferrin Market size?

The Bovine Lactoferrin Market is projected to register a CAGR of 15.7% during the forecast period (2025-2030)

Who are the key players in Bovine Lactoferrin Market?

MILEI GmbH, Bega Cheese Ltd., FrieslandCampina DOMO, Fonterra Co-operative Group and Ingredia are the major companies operating in the Bovine Lactoferrin Market.

Which is the fastest growing region in Bovine Lactoferrin Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Bovine Lactoferrin Market?

In 2025, the North America accounts for the largest market share in Bovine Lactoferrin Market.

What years does this Bovine Lactoferrin Market cover?

The report covers the Bovine Lactoferrin Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Bovine Lactoferrin Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Bovine Lactoferrin Industry Report

Statistics for the 2025 Bovine Lactoferrin market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Bovine Lactoferrin analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.