Colostrum Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Form (Dry and Liquid), Category (Conventional and Organic), Application (Pharmaceuticals and Dietary Supplements, Food and Beverages, Animal Nutrition, and Personal Care), and Geography
The colostrum market size is expected to grow from US$ 1.48 billion in 2023 to reach US$ 2.40 billion by 2031; it is estimated to register a CAGR of 6.3% during 2023–2031.
Colostrum is the first milk that is produced by cows immediately after giving birth. The colostrum obtained from cows are rich in antibodies, proteins, vitamins, and prebiotics. It promotes gut health and development and supports the immune system. The demand for colostrum is witnessing rapid growth globally attributed to the increased demand for colostrum-based dietary supplements and health products.
Colostrum is rich in proteins and has low fat and sugar content. It also includes proteins such as lactoferrin (which protects against infections) and epidermal growth factor (which promotes cell growth). It also contains several essential vitamins, such as vitamin A, and minerals, such as copper, magnesium, and zinc. Colostrum has the potential to support gastrointestinal health and promote gut barrier function, making it an attractive option for individuals seeking relief from digestive issues. Per the data from the US National Health and Nutrition Examination Survey (NHANES), published in June 2023, 1% of the US adult population (two million people) may have been diagnosed with inflammatory bowel disease (IBD). With the prevalence of such diseases, the demand for colostrum-based products is increasing among consumers across the globe. With such increase in the demand for colostrum-based products, there is a surge in the application of colostrum in the various end use industries.
The global colostrum market is segmented into form, category, and application. The application segment is divided into pharmaceuticals & dietary supplements, food & beverages, animal nutrition, and personal care. The growing demand for colostrum products from pharmaceuticals & dietary application is driving the colostrum market.
Increasing health consciousness worldwide boosts the demand for nutrient-enriched products that enhance overall health. The awareness about the beneficial properties and health benefits of colostrum is increasing among consumers, which is driving the demand for colostrum-based products. Colostrum is rich in nutrients and antibodies and has immune-boosting substances. It also contains essential proteins, vitamins, minerals, and antibodies, attracting more consumers. Colostrum is recognized for its high concentration of antibodies, primarily immunoglobulins, which are pivotal in enhancing the immune system. As consumers are becoming more health-conscious and are seeking ways to improve their immune systems, there is a growing demand for colostrum-based products as a natural source of immune support. The importance of colostrum in the nutrition of babies is becoming more apparent as it fights against infections and helps overall development. This is likely to support the colostrum market's expansion over the next few years.
The colostrum market report comprises of Pantheryx, Colostrum BioTec GmbH, Titan Biotech Ltd, Biodane, Pharma A/S, INGREDIA s.r.o. Bionatin, Biostrum, Cure Nutraceutical PVT. LTD., I. Livanou IKE, KERSIA GROUP, and others as key players that contribute to the resistant market share globally. Players operating in the colostrum market focus on providing innovative and healthy products at affordable prices to fulfill customer demand.
The overall colostrum market size has been derived using both primary and secondary sources in the colostrum market report. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the colostrum market.
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Progressive industry trends in the colostrum market to help players develop effective long-term strategies
Business growth strategies adopted by developed and developing markets
Quantitative analysis of the colostrum market from 2021 to 2031
Estimation of the demand for colostrum across various industries
Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
Recent developments to understand the competitive market scenario and the demand for colostrum across the globe
Market trends and outlook coupled with factors driving and restraining the growth of the colostrum market.
Decision-making process by understanding strategies that underpin commercial interest concerning the global colostrum market growth
The global colostrum market size at various nodes of market
Detailed overview and segmentation of the colostrum market as well as its dynamics in the industry
The colostrum market size in different regions with promising growth opportunities