Bovine Lactoferrin Market Insights on Latest Developments and Innovations
The global Bovine Lactoferrin Market is predicted to expand at a CAGR of 15.8% between 2023 and 2033, from US$ 772.39 Million to US$ 3,349.05 Million . The increasing consumer awareness of health and diet and the growing incidences of skin-related medical issues are expected to stimulate demand. Lactoferrin is thought to have antiviral, antimicrobial, antiparasitic, catalytic, and anti-allergic functions and characteristics, which will influence product sales in the personal hygiene and pharmaceutical industries. Currently, several technology-oriented industries are focusing on developing a cost-effective method of manufacturing these products. Several researchers are also working to determine the effectiveness of this ingredient for delivering specific drugs in cancer treatment. This, combined with an increase in the number of working women in the Asia Pacific and Europe region, tends to decrease the frequency of breastfeeding, causing a...