Global Colostrum Market Size study & Forecast, by Product (Whole Powder, Skimmed Powder, Specialty) by Application (Nutritional Supplementation, Animal Feed, Others) and Regional Analysis, 2022-2029

Global Colostrum Market Size study & Forecast, by Product (Whole Powder, Skimmed Powder, Specialty) by Application (Nutritional Supplementation, Animal Feed, Others) and Regional Analysis, 2022-2029

Global Colostrum Market is valued approximately USD 1.57 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.0% over the forecast period 2022-2029. The increased demand for colostrum, particularly among bodybuilders, is anticipated to continue to be a positive factor since it increases muscle strength, lean mass growth, endurance, fat-burning, and immunity. For newborns, colostrum serves as a superfood because it coats the stomach and intestines with a protective layer that makes them resistant to infection. Food and beverage producers have been expanding their investment in the creation of new goods by utilizing numerous unique milk ingredients, such as colostrum, and human milk oligosaccharides (HMO).

Furthermore, these ingredients have received approval under the terms of the Federal Food, Drug, and Cosmetic Act (FFDCA) and the U.S. Food and Drug Administration (FDA) for use in the preparation of nutritious goods such as drinks, dairy product analogues, nutritional bars, and snacks. Along with this, according to Statista, idn 2018-2019, India recorded RTE exports of USD 766 million, which rose to USD 825 million in 2019-20 and USD 1043 million in 2020-21. Meanwhile, the RTC food products recorded an export of USD 473 million in 2018-19, USD 368 million in 2019-20 and USD 560 million in 2020-21.
However, lack of awareness for colostrum stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Colostrum Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2021, North America produced the biggest revenue share. Due to the substantial presence of customers who value their health in important markets like the U.S. and Canada, the region is anticipated to dominate the market in the near future. Strong brand initiatives, especially through social online platforms and electronic media, to encourage healthy lifestyles and balanced nutritional consumption are projected to be beneficial for regional growth.

From 2021 to 2029, Asia Pacific is anticipated to experience the fastest CAGR. Growth is anticipated to be fueled by rising disposable income, an increase in living standards among middle-class income groups in China and India, and favourable domestic government policies that encourage new investment and employment possibilities.

Major market player included in this report are:
NOW Foods;
Sterling Technology;
PanTheryx, Inc.;
Biostrum Nutritech Pvt. Ltd.;
Colostrum BioTec GmbH;
Biotaris B. V.;
Immuno-Dynamics, Inc.;
Ingredia Nutritional;
Cuprem Inc.;
Good Health New Zealand

Recent Developments in the Market:
The debut of colostrum nutritional supplements in India was made possible in July 2018 due to a partnership between ColoPlus AB, a Swedish R&D firm, and Parag Milk Foods Pvt. Ltd., one of the key players in the Indian dairy business. The manufacturing process was patented by Parag Milk Foods, which also introduced the GO Colo Power colostrum-based health food.

Global Colostrum Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Product:
Whole Powder
Skimmed Powder
Specialty
By Application:
Nutritional Supplementation
Animal Feed
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Companies Mentioned
NOW Foods;
Sterling Technology;
PanTheryx, Inc.;
Biostrum Nutritech Pvt. Ltd.;
Colostrum BioTec GmbH;
Biotaris B. V.;
Immuno-Dynamics, Inc.;
Ingredia Nutritional;
Cuprem Inc.;
Good Health New Zealand

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