Forecast of Global Bovine Lactoferrin Market 2023

The worldwide market for Bovine Lactoferrin is expected to grow at a CAGR of roughly 6.4% over the next five years, will reach 220 million US$ in 2023, from 150 million US$ in 2017. 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.