Europe Bovine and Goat Colostrum Market Analysis, Size, and Share by 2027
Historic Data: 2016-2017 | Base Year: 2018 | Forecast Period: 2019-2027Europe Bovine and Goat Colostrum Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Form (Liquid, Powder, and Tablets and Capsules), Nature (Conventional and Organic), End Use (Pharmaceuticals, Animal Nutrition, Dietary Supplement, Sports Nutrition, Functional Food, Cosmetics, and Infant Formula), and Distribution Channel (Hypermarkets/Supermarkets, Medical Stores/Pharmacies, Direct/B2B, Convenience Stores, Speciality Stores, and Online Distribution
- Report Date : Sep 2020
- Report Code : TIPRE00014143
- Category : Food and Beverages
- Status : Published
- Available Report Formats :
- No. of Pages : 115
The bovine and goat colostrum market in Europe is expected to reach US$ 278.4 million by 2027 from US$ 200.1 million in 2018; it is estimated to grow at a CAGR of 3.7% from 2019 to 2027.
Germany, France, the UK, Italy, Spain, Russia, and Rest of Europe are major contributors to the market in Europe. The growing use of colostrum in animal husbandry is bolstering the growth of the bovine and goat colostrum market in this region. Colostrum contains a large amount of gamma globulins, i.e., antibodies that are produced by dairy animals against specific antigens to encounter many disease-producing organisms. Also, colostrum has a higher amount of vitamin A and various minerals. Calves consumes lactose and fat from colostrum to prompt heat production and maintain persistent body temperature. The quantity of colostrum, quality of colostrum, and timing of supplementation are the major factors controlling the dynamics of the passive transfer of immunity to neonatal calves via colostrum. The quality of colostrum is unswervingly linked to its antibody concentration. The older cows generally produce an elevated concentration of antibodies, compared to the first-calf heifers. A critical mass of 100–200 g of antibodies must be ingested and absorbed by the neonatal calf to gain passive immunity.
Goat colostrum shows similar nucleotide patterns as that of human and cow colostrum. The progression in the demand for functional foodstuffs is among the factors magnifying the demand for bovine and goat colostrum. However, stringent regulations pertaining to the use of bovine colostrum in infant formula hinder the growth of the market in Europe.
COVID-19 has affected economies and industries in various countries due to imposed lockdowns, travel bans, and business shutdowns. Food and beverages is one of the major industries suffering serious disruptions such as supply chain breaks, disrupted manufacturing, and office shutdowns as a result of this outbreak. These factors have also affected the Europe bovine and goat colostrum market. In Europe, Italy is the hardest-hit country by the coronavirus outbreak. It is expected to suffer an economic hit due to a lack of revenue from various industries. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. Nevertheless, with the new features and technologies, vendors can add new customers to their clientele and expand their footprint in emerging markets. This factor is likely to drive the bovine and goat colostrum market in the coming years.
Europe Bovine and Goat Colostrum Market Revenue and Forecast to 2027 (US$ Million)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Europe Bovine and Goat Colostrum Market Segmentation
Europe Bovine and Goat Colostrum Market – by Form
- Liquid
- Powder
- Tablets and Capsules
Europe Bovine and Goat Colostrum Market – by Nature
- Conventional
- Organic
Europe Bovine and Goat Colostrum Market – by End Use
- Pharmaceuticals
- Animal Nutrition
- Dietary Supplements
- Sports Nutrition
- Functional Food
- Cosmetics
- Infant Formula
Europe Bovine and Goat Colostrum Market – by Distribution Channel
- Hypermarkets/Supermarkets
- Medical Stores/Pharmacies
- Direct/B2B
- Convenience Stores
- Specialty Stores
- Online Distribution
Europe Bovine and Goat Colostrum Market – by Country
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
Europe Bovine and Goat Colostrum Market – Companies Mentioned
- Alphatech SAS
- Now Health Group, Inc.
- Swanson
- APS Biogroup
- Colostrum BioTec GmbH
- FARM-O-SAN
- LA BELLE COLOSTRUM
- Biotaris B. V.
Europe Bovine and Goat Colostrum Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 200.1 Million |
| Market Size by 2027 | US$ 278.4 Million |
| Global CAGR (2019 - 2027) | 3.7% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Form
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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- Alphatech SAS
- Now Health Group, Inc.
- Swanson
- APS Biogroup
- Colostrum BioTec GmbH
- FARM-O-SAN
- LA BELLE COLOSTRUM
- Biotaris B. V.
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