The colostrum market accounted for US$ 1,987.87 Mn in 2027 from US$ 1,418.90 Mn in 2018. The market is anticipated to grow with a CAGR of 3.9% from 2019-2027.
Colostrum can also act as a superfood mainly for infants since it creates a coating on the stomach & intestine to prevent germ attacks. In last decades, food & beverage manufacturers have been extending their expenditure mainly on the development of food products through the usage of various novel milk constituents such as colostrum, Human Milk Oligosaccharides (HMO), and galactooligosaccharides. Colostrum is quite rich in immunoglobulins or antibodies and is further known to stimulate the immune system. Due to this it is gaining popularity along with the trend of consuming nutritional food products among consumers.
The studied market in the Asia Pacific region is expected to grow at the highest CAGR of 4.4% during the forecast period. The growth of the studied market in APAC is mainly attributed to the widespread as well as easy availability of raw materials utilized to produce colostrum. The increasing popularity of these products in APAC region mainly for boosting muscle strength, endurance, fat-burning, lean mass gains, and strengthening the immunity, particularly among bodybuilders is anticipated to remain a favorable factor. In addition, rise in concerns towards health & nutrition of human infants as well as animals are further expected to boost the colostrum market. Furthermore, growing awareness among consumers towards the importance of food components, food supplements, food processing, also food safety will enable growth in this market. All these factors are further encouraging the government of Asian countries and numerous national & international organizations to encourage consumption and production of colostrum.
Global Colostrum Market
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Market Insights
Increasing popularity Due to Its Nutritional Benefits
Colostrum is one of the first form of milk comes with antibodies prepared by mammals immediately after giving birth of a baby. It is considered as a rich source of vitamins, fats, growth hormones, carbohydrates, minerals, digestive enzymes, also disease-fighting proteins. In past few year, this product has been achieving importance owing to its nutritional benefits. For example, this product contains lactoferrin, that boosts the immune system mainly to fights against bacteria, infection, and viruses. This further helps to heal inflammation as well as damaged gut in the human body. The antibodies along with the protein lactoferrin further prevent diarrhea associated caused by viral infections and bacteria. Due to all these benefits, people tend to adopt this product.
Product Insights
The colostrum market, based on product, is segmented into whole colostrum powder, skimmed colostrum powder, and specialty. The whole colostrum powder segment accounted for the largest share of the market in 2018, and skimmed colostrum powder segment is expected to grow at the highest CAGR during the forecast period. Colostrum is a pre-milk fluid, which is produced by all mammalian mothers in the first few days after delivery. Moreover, whole colostrum powder is obtained by the drying of colostrum, which comes from cows within 48 hours after giving birth. The product contains proteins, fat, carbohydrates, minerals, and vitamins. Colostrum contains a rich source of antibodies, enzymes, and other growth factors that do not found in other dairy products. Whole colostrum powder is a versatile product and simple to use and is the most elegant solution that is used to achieve health objectives. The whole colostrum powder is used in various applications such as beverages & beverage bases milk & milk products, dairy product analogs, and nutrition bars & snacks.
Global Colostrum Market, by Product– 2018 and 2027
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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Colostrum Market: Strategic Insights
Market Size Value in US$ 1,418.90 Million in 2018 Market Size Value by US$ 1,987.87 Million by 2027 Growth rate CAGR of 3.9% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Colostrum Market: Strategic Insights
Market Size Value in | US$ 1,418.90 Million in 2018 |
Market Size Value by | US$ 1,987.87 Million by 2027 |
Growth rate | CAGR of 3.9% from 2019-2027 |
Forecast Period | 2019-2027 |
Base Year | 2019 |
Shejal
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Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to AnalystMergers and acquisitions, and research and development are the commonly adopted strategies by companies to expand their footprints worldwide, which is further impacting the size of the market. The players present in the colostrum market such Ridley Corporation Limited have been implementing the abovementioned strategies to expand their customer base and gain significant share in the global market, which also enables them to maintain their brand name globally.
Report Spotlights
- Progressive industry trends in the global colostrum market to help players develop effective long-term strategies
- Business growth strategies adopted by companies in developed and developing markets
- Quantitative analysis of the global colostrum market from 2017 to 2027
- Estimation of global colostrum demand generated by various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the colostrum ecosystem
- Recent developments to understand the competitive market scenario and global colostrum demand
- Market trends and outlook, coupled with factors driving and restraining the growth of the global colostrum market
- Insights to help in decision-making process by understanding strategies which underpin commercial interest with regard to the colostrum market growth globally
- Global colostrum market size at various nodes of the market
- Detailed overview and segmentation of the global colostrum market, as well as the colostrum industry dynamics
- Global colostrum market size in various regions with promising growth opportunities
Colostrum Market – By Product
- Whole Colostrum Powder
- Skimmed Colostrum Powder
- Specialty
Colostrum Market – By Application
- Nutritional Supplementation
- Animal Feed
- Others
Company Profiles
- Fonterra Co-Operative Group
- PanTheryx
- Saskatoon Colostrum Company Ltd.
- Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH
- Dairy Tech Inc.
- ImmuCell Corporation
- Immuno-Dynamics, Inc.
- E.C.I.
- coloQuick Int.
- BIOSTRUM NUTRITECH PVT. LTD.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product ; Application , and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
The List of Companies
- Fonterra Co-Operative Group
- PanTheryx
- Saskatoon Colostrum Company Ltd.
- Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH
- Dairy Tech Inc.
- ImmuCell Corporation
- Immuno-Dynamics, Inc.
- E.C.I.
- coloQuick Int.
- BIOSTRUM NUTRITECH PVT. LTD.
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- Data Collection and Secondary Research:
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- Primary Research:
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Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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