Data Bridge Market Research analyses that the global lactoferrin market will project a CAGR of 7.50% for the forecast period of 2021-2028. Growth and expansion of the food and beverages industry, increasing demand and consumption of infant formula globally and increasing personal disposable income are the major factors attributable to the growth of the lactoferrin market. Lactoferrin is a kind of protein that possesses excellent iron-binding properties. It is used to cure many viral and bacterial infections and disorders related to human digestive system.