The Global Colostrum Market has been estimated to reach a value of USD XX million in 2021 and is projected to grow at a CAGR of 3.4%, to reach USD XX million by 2030.
Colostrum is a form of breast fluid formed by humans, cows, and other mammals before breast milk is released. It is rich in antibodies, which are proteins that defeat viruses and bacteria, and it is very nutritious. Colostrum helps ensure their health, vitality, and growth in infants and newborn animals. The bovine colostrum supplements can boost immunity, fight diseases, and improve gut health over time. Bovine colostrum is rich in vitamins, minerals, fats, carbohydrates, disease-fighting proteins, growth hormones, and digestive enzymes, just like human colostrum.
FIGURE 1: GLOBAL COLOSTRUM MARKET
Colostrum market growth is expected to be driven by increased consumer understanding of the importance of food supplements in improving immunity and the overall health of newborn babies and animals. Overall industry trends are likely to be influenced by growing disposable income and rising sports and fitness activities. Functional snacks, drinks, and nutrition bars made with colostrum ingredients are being introduced by food and beverage companies, which will provide a major thrust to the global market.
The health of newborn calves depends on the intake and absorption of colostral immunoglobulins, which contain disease-fighting antibodies. Since calves develop virtually no immunoglobulins before birth, the ingestion and absorption of colostrum immunoglobulins are two of the most significant factors in the prevention of neonatal calf diseases. Hence, colostrum is essential for the growth of newborn calves.
In addition, the demand for colostrum is also fueled due to its extensive use in nutritional supplements, as it acts as a critical nutrient source and helps develop the immune system, reduce inflammation, and improve metabolism. It can be used to prevent diarrhea associated with bacterial and viral infections as well.
Colostrum supplementation is used for a variety of purposes, one of which is to aid in the development of antibodies. These antibodies are capable of attacking invaders in the body system that cause illnesses. Human growth hormones (HGH) regulate the rate at which the human body grows. How the body develops is determined by the amount of HGH released in the body. Colostrum supplements are used to raise HGH levels. All these factors will promote the growth of the market over the forecast period.
However, bovine colostrum supplements and powders are expensive, and people who are allergic to milk cannot consume bovine colostrum. These products can also contain additives that contain common allergens such as soy. These are the major market restraints that can impede market growth over the forecast period.
The global colostrum market has been segmented by product type, form, application, and distribution channel, and region.
FIGURE 2: GLOBAL COLOSTRUM MARKET SEGMENTATION
Global Colostrum Market, by Product Type
Based on the product type, the global colostrum market is bifurcated into whole colostrum powder and skim colostrum powder. The whole colostrum powder segment is anticipated to grow substantially over the forecast period of the market. This growth is attributed to its extensive use in beverages and beverage-base products, dairy product analogs, milk, milk products, nutrition bars, and snacks.
Furthermore, these products have a number of benefits, including gut healing, immune support, digestive health, and improved post-exercise recovery. Whole colostrum powder is less expensive than other colostrum products, and it is collected earlier after calving, thereby preserving the nutrients and lowering the risk of spoilage.
Whole colostrum powder is made by drying colostrum collected from cows within 48 hours of giving birth. It has a high fat content (>17.5%), as well as proteins, carbohydrates, vitamins, and minerals. For human consumption, whole colostrum powder complies with all laws of the U.S. Federal Food, Drug and Cosmetic Act.
Global Colostrum Market, by Form
By form, the global colostrum market is classified into liquid, powder, and capsule. The powder segment is to account for the largest share of the global market over the forecast period. The powder can be consumed in a form combined with other ingredients, such as shakes. Colostrum powder has also been used to facilitate topical healing.
Colostrum powder can be inserted under the tongue or around the gums and allowed to absorb for faster absorption. The powder may also be mixed and taken with any liquid drink or food such as applesauce, yogurt, or cottage cheese.
Global Colostrum Market, by Application
By application, the global colostrum market is categorized into nutritional supplements, infant food, animal feed, and cosmetics. The nutritional supplements segment accounted for the largest share of the global colostrum market. Consumption of dietary supplements containing colostrum powder is expected to increase as working-class professionals' lifestyles change and their emphasis shifts towards health and wellness management. Colostrum is popular among athletes because of its stated ability to burn fat, create muscle, and improve athletic performance. Colostrum supplementation can also help athletes with subjective upper respiratory symptoms.
Immunoglobulins, lactoferrin, and other biologically active proteins found in the bovine-derived colostrum food supplement promote the development of lean muscle tissue and a healthy immune system. Nutritional supplements containing colostrum can improve nutrient bioavailability and absorption while also promoting healthy gastrointestinal function.
Global Colostrum Market, by Distribution Channel
By distribution channel, the global colostrum market is divided into online and offline. The online segment is anticipated to grow at a rapid pace in the coming years. Due to the growing online sales platforms across the globe, major manufacturers are selling their products through their online sales channel. Further, growing transparency and popularity of the online distribution channel are expected to promote the growth of the online distribution channel.
Furthermore, the online distribution channel has many advantages, including easy access to a global market, the elimination of the need for costly retail premises and customer-facing staff, the ability to invest in better marketing and customer experience on an e-commerce site, the ability to quickly expand business beyond local customers, and the use of website analysis tools to gain insights into customers' needs.
Global Colostrum Market, by Region
Based on regions, the global colostrum market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. The North America is estimated to hold a major market share over the forecast period of the market. This growth is due to the large number of health conscious customers in key markets such as the United States and Canada. Strong brand promotions, particularly through social online platforms and electronic media, to promote a healthy lifestyle and balanced nutritional intake are expected to boost the region’s growth.
Furthermore, human nutrition has become a matter of concern for the local community and as a result, a direct opportunity for manufacturers to conduct R&D. Due to their unhealthy eating habits, the citizens of the United States have realized that it is important to immunize themselves in advance to encounter potential complications.
The Asia Pacific region is projected to grow at the fastest pace in the coming years. The factors that are contributing to the growth of the region are, growing demand for colostrum nutritional supplements due to gradually increasing people awareness for sports & fitness, and rising consumer disposable income owing to the increased economic growth and industrialization. China, India, and Australia are the major countries to drive regional growth, owing to the rising animal population as a result of technical advances in animal farming.
FIGURE 3: GLOBAL COLOSTRUM MARKET (USD MILLION), MARKET OVERVIEW, 2021–2030
Recent Development in the Global Colostrum Market
- In February 2017, PanTheryx acquired APS Bio Group LLC, making PanTheryx one of the largest global producer of colostrum with industry-leading innovation, and deep multidisciplinary expertise. PanTheryx, Inc. is a global medical nutrition company and is focused to improve global health and quality of life through innovative life science. APS Bio Group LLC is a diversified producer of health products. Its manufactures a colostrum product and is a related contract manufacturer of nutritional supplements. PanTheryx has planned to invest heavily in colostrum to unlock the full potential of colostrum. The company has the resources and the capabilities to aggressively advance research to support expanded commercial opportunities.
The key leading players in the global colostrum market include Pantheryx, Hearthy Foods, Cure Nutraceutical PVT. LTD, Immune Tree, Two Brothers Organic Farms, Colostrum Biotec Gmbh, Sterling Technology, The Saskatoon Colostrum Company, NOW Foods, Good Health New Zealand, Deep Blue Health New Zealand Ltd, Biostrum Nutritech Pvt Ltd., Immuno Dynamics Inc, Ingredia, Puralife LLC, and Magmed Limited MIP Colostrum.
What Does this Report Provide?
A detailed understanding of the global colostrum market from qualitative and quantitative perspectives during the forecast period. The report provides the dynamic indicators with potential market impact during the forecast period and an in-depth analysis of the leading companies operating in the market. The major market drivers, challenges, restraints, and opportunities for the global colostrum market have also been covered in the report.
This report further includes the market shares of the leading companies operating in the global colostrum market, along with their production capacities and the growth strategies adopted by them. An in-depth pricing analysis, patent analysis, and distribution channel analysis have also been covered in the report. Apart from these, how COVID-19 pandemic has affected the market has been analyzed in this study, both in terms of qualitative and quantitative analysis.
By Product Type
- Whole Colostrum Powder
- Skim Colostrum Powder
- Nutritional Supplements
- Infant Food
- Animal feed
By Distribution Channel
North America Colostrum Market
- North America, by Country
- North America, by Product Type
- North America, by Form
- North America, by Application
- North America, by Distribution Channel
Europe Colostrum Market
- The U.K.
- The Rest of Europe
- Europe, by Product Type
- Europe, by Form
- Europe, by Application
- Europe, by Distribution Channel
Asia Pacific Colostrum Market
- South Korea
- The Rest of Asia Pacific
- Asia Pacific, by Product Type
- Asia Pacific, by Form
- Asia Pacific, by Application
- Asia Pacific, by Distribution Channel
Middle East and Africa Colostrum Market
- Middle East and Africa, by Country
- The UAE
- Saudi Arabia
- South Africa
- The Rest of Middle East and Africa
- Middle East and Africa, by Product Type
- Middle East and Africa, by Form
- Middle East and Africa, by Application
- Middle East and Africa, by Distribution Channel
South America Colostrum Market
- South America, by Country
- The Rest of South America
- South America, by Product Type
- South America, by Form
- South America, by Application
- South America, by Distribution Channel
Reasons to Buy This Report:
- Market size estimation of the global colostrum market on a regional and global basis
- Unique research usage for market size estimation and forecast
- Profiling of major companies operating in the market with key developments
- Broad scope to cover all the possible segments helping every stakeholder in the market
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