Market Overview:
The global transferrin market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for biopharmaceuticals and life science research applications. North America is expected to dominate the market during the forecast period, followed by Europe and Asia Pacific. The growth in these regions can be attributed to the increasing demand for transferrin from biopharmaceutical companies and life science research institutes.
Product Definition:
Transferrin is a glycoprotein that transports iron in the blood. It is important for transporting iron to the bone marrow and other tissues where it is needed to make hemoglobin and other proteins.
Human Transferrin:
Human transferrin is a glycoprotein hormone found in the blood. It helps in the removal of iron from human cells and brings it to the liver for processing. The main function of this protein is to maintain normal hemoglobin levels by removing harmful iron from human plasma. Transferrin also has an important role in maintaining body fluid balance, as well as helping remove toxins such as mercury and lead from the body through urine.
Bovine Transferrin:
Bovine transferrin is a protein that facilitates the entry of iron into cells. It is found in the blood and plasma of bovine animals. Bovine transferrin has been used as an intravenous infusion to treat anemia caused by chronic diseases such as cancer, gastrointestinal disorders, and liver disease among others.
Application Insights:
The biopharmaceutical segment dominated the global transferrin market in terms of revenue and is expected to continue its dominance over the forecast period. The growth of this segment can be attributed to factors such as an increase in research activities at leading institutions/academic centers, rise in number of clinical trials, and introduction of new drugs.
For instance, FcRn receptor-ligand interaction studies have been performed for transferrin-based drug development for cancer treatment (OvCaP). This has led to identification of OvCaP-specific CD8 T cells that recognize Transferrin receptors on tumor cells. Such studies are expected to contribute towards future product launch for cancer treatment.
Regional Analysis:
North America dominated the global transferrin market in 2017. The region is expected to maintain its position during the forecast period. Major factors contributing to this growth include high prevalence of iron deficiency anemia, increasing number of biopharmaceutical and life science research projects, and rising adoption of transfusion therapy for cancer patients in U.S., Canada, and Mexico.
Growth Factors:
- Increasing prevalence of iron deficiency anemia: The increasing prevalence of iron deficiency anemia is one of the key growth drivers for the global transferrin market. According to a study by World Health Organization (WHO), around 30% of the world’s population is affected by this condition, which is expected to rise in the coming years owing to changing dietary habits and lifestyle factors. This will create a high demand for transferrin products and boost the growth of the global transferrin market.
- Rising awareness about health benefits associated with transferrins: There is a growing awareness among consumers about health benefits associated with using transferrins products, such as improved absorption of nutrients, prevention or treatment of various diseases, etc. This is driving consumer demand for these products and propelling the growth ofthe globaltransferrinmarket.
Scope Of The Report
Report Attributes
Report Details
Report Title
Transferrin Market Research Report
By Type
Human Transferrin, Bovine Transferrin
By Application
Biopharmaceutical, Life Science Research, Others
By Companies
Thermo Fisher Scientific, Merck, BBI Solutions, MP Biomedicals, ProSpec, Yeasen Biotech, PromoCell, Corning, InVitria, Biotium, Cusabio, Advanced BioMatrix
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Transferrin Market Report Segments:
The global Transferrin market is segmented on the basis of:
Types
Human Transferrin, Bovine Transferrin
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Biopharmaceutical, Life Science Research, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thermo Fisher Scientific
- Merck
- BBI Solutions
- MP Biomedicals
- ProSpec
- Yeasen Biotech
- PromoCell
- Corning
- InVitria
- Biotium
- Cusabio
- Advanced BioMatrix
Highlights of The Transferrin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Human Transferrin
- Bovine Transferrin
- By Application:
- Biopharmaceutical
- Life Science Research
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Transferrin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Transferrin is a protein that helps the body transport iron from the blood to other parts of the body.
Some of the major players in the transferrin market are Thermo Fisher Scientific, Merck, BBI Solutions, MP Biomedicals, ProSpec, Yeasen Biotech, PromoCell, Corning, InVitria, Biotium, Cusabio, Advanced BioMatrix.
The transferrin market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Transferrin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Transferrin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Transferrin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Transferrin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Transferrin Market Size & Forecast, 2020-2028
4.5.1 Transferrin Market Size and Y-o-Y Growth
4.5.2 Transferrin Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Human Transferrin
5.2.2 Bovine Transferrin
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Biopharmaceutical
6.2.2 Life Science Research
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Transferrin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Transferrin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Human Transferrin
9.6.2 Bovine Transferrin
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Biopharmaceutical
9.10.2 Life Science Research
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Human Transferrin
10.6.2 Bovine Transferrin
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Biopharmaceutical
10.10.2 Life Science Research
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Human Transferrin
11.6.2 Bovine Transferrin
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Biopharmaceutical
11.10.2 Life Science Research
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Human Transferrin
12.6.2 Bovine Transferrin
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Biopharmaceutical
12.10.2 Life Science Research
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Human Transferrin
13.6.2 Bovine Transferrin
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Biopharmaceutical
13.10.2 Life Science Research
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Transferrin Market: Competitive Dashboard
14.2 Global Transferrin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher Scientific
14.3.2 Merck
14.3.3 BBI Solutions
14.3.4 MP Biomedicals
14.3.5 ProSpec
14.3.6 Yeasen Biotech
14.3.7 PromoCell
14.3.8 Corning
14.3.9 InVitria
14.3.10 Biotium
14.3.11 Cusabio
14.3.12 Advanced BioMatrix
