lactoferrin market is experiencing steady growth due to increasing awareness of its health benefits across various sectors. Lactoferrin is a naturally occurring protein known for its immune-boosting, antibacterial, and anti-inflammatory properties. It is widely used in infant formula, dietary supplements, pharmaceuticals, and functional foods. Rising demand for immune health products, especially post-pandemic, along with advancements in extraction and purification technologies, are fueling the expansion of this market. As consumer focus shifts toward preventive healthcare and wellness, lactoferrin-based products are gaining popularity worldwide.

According to Fortune Business Insights, the lactoferrin market was valued at USD 610.9 million in 2024. The market is projected to grow from USD 615.9 million in 2025 to USD 1,005.5 million by 2032, exhibiting a CAGR of 7.3% during the forecast period. In 2024, Asia Pacific dominated the lactoferrin market with a market share of 56.02%.

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Key Industry Development