Global Bovine Colostrum Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Bovine Colostrum is a milky fluid that comes from the breasts of cows the first few days after giving birth, before true milk appears. It contains proteins, carbohydrates, fats, vitamins, minerals, and proteins (antibodies) that fight disease-causing agents such as bacteria and viruses. Antibody levels in colostrum can be 100 times higher than levels in regular cow's milk.
Market Overview:The latest research study on the global Bovine Colostrum market finds that the global Bovine Colostrum market reached a value of USD 208.99 million in 2022. It’s expected that the market will achieve USD 322.12 million by 2028, exhibiting a CAGR of 7.48% during the forecast period.
Market Challenges
This industry is facing a fierce competition. The dairy market is highly fragmented, and human colostrum products are facing competition for many alternatives.
The quality monitoring of milk sources and their products is very strict, especially in emerging markets China.
Region Overview:From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.
Company Overview:The top three companies are PanTheryx, The Saskatoon Colostrum, Ingredia Nutritional with the revenue market share of 9.59%, 7.12% and 5.19% in 2018.
PanTheryx is a biotechnology company committed to realizing the potential of novel interventions to address a wide range of serious GI microbiome related health conditions.
The Saskatoon Colostrum uses colostrum to make products. This is the only concern since 1994. Its products have proven to be the industry's leading alternative to colostrum and the production of animal supplements, providing health products for our companion animals and providing natural health products.
Segmentation Overview:Among different product types, Spray Dried Power segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Powder segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Bovine Colostrum market covered in Chapter 3:Immuno-Dynamics
Cure Nutraceutical
Changfu Milk
Colostrum BioTec
Biotaris
Sterling Technology
Good Health NZ Products
Ingredia Nutritional
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The Saskatoon Colostrum
Imu-Tek
PanTheryx
Biostrum Nutritech
In Chapter 4 and Chapter 14.2, on the basis of types, the Bovine Colostrum market from 2018 to 2029 is primarily split into:Spray Dried Power
Freeze Dried Power
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Bovine Colostrum market from 2018 to 2029 covers:Powder
Capsules
Tablets
Other (emulsus etc.)
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)