The global colostrum market size was worth around USD 3.10 billion in 2023 and is predicted to grow to around USD 4.27 billion by 2032 with a compound annual growth rate (CAGR) of roughly 3.6% between 2024 and 2032.
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Colostrum Market Review
Made by mammary glands of mammals during their late pregnancy and following birth, colostrum is a type of milk. Along with low fat levels, colostrum offers great amounts of carbohydrates, proteins, and antibiotics. This is therefore driving demand for colostrum in many different uses, including animal feed, dietary supplements, baby food, etc. It is a main supplier of immunoglobulin, which explains higher IgG than other products. This feature of colostrum supports immune system strengthening.
It also helps to fight aging. Colostrum-based products help the human immune system fight diseases as large levels of IgG exist in them. Over the predicted period, this is the main element expected to fuel the colostrum market expansion. A bioactive component makes up colostrum, which is also projected to assist the colostrum industry over the next years.
Along with the effect drivers and restraints of the colostrum market have on the demand over the projection period, the report covers their policies. The paper also covers worldwide possibilities found in the colostrum market.
We have included a competitive landscape and a study of Porter’s Five Forces model for the market to provide the users of this report a whole perspective of the colostrum industry. The report includes a market attractiveness analysis in which every segment is benchmarked according on their market size, development rate, and general appeal.
Factors affecting the growth of the colostrum market
Over the next forecast period, rising health consciousness among consumers is expected to propel global colostrum market growth. The colostrum market is likely to be further driven worldwide in the next years by the growing demand for different colostrum-based products, such probiotic yogurts, infant formulations, etc. Protective white cells found in colostrum help to eradicate harmful bacteria and viruses, therefore preventing their cause of disease. These features of colostrum have raised demand among certain end-users. Lack of knowledge about the product causes many unrealized potential growth prospects for the colostrum market in the future in the underdeveloped and developed nations.
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The Global Colostrum Market is segmented based on product, application and region
Global Colostrum Market: Product Segment Analysis
● Whole Colostrum Powder
● Specialty Colostrum Powder
● Skim Colostrum Powder
Global Colostrum Market: Application Segment Analysis
● Medical Nutrition Food
● Nutritional Supplements
● Functional Food
● Infant Food
● Cosmetics
● Animal Feed
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The Global Colostrum market profiles key players such as:
● La Belle Inc.
● Biostrum Nutritech Pvt. Ltd.
● Symco Inc.
● The Saskatoon Colostrum Co. Ltd.
● APS BioGroup
● Ingredia Nutritional
● Biotaris B.V.
● Sterling Technology
● Cuprem Inc.
● NIG Nutritionals Limited Canadian Protein
● Good Health NZ Products Ltd
Regional Analysis of the Colostrum Market
The regional section covers the projected and past demand for North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
Due to growing population of health-conscious customers regarding the consumption of nutritious foods and numerous technical improvements in the production process, North America contributed a significant revenue share to the worldwide colostrum market in 2023. Asia Pacific is likely to display the greatest CAGR over the projected period since consumers’ growing awareness of the acceptance of healthy eating habits is driving change in them.
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