Colostrum market in Asia Pacific is expected to grow from US$ 572.16 Mn in 2019 to US$ 804.69 Mn by the year 2027. This represents a CAGR of 4.4% from the year 2019 to 2027.
The growth of the colostrum market in this region is primarily due to large production of colostrum based products. The countries are also the largest exporters and consumers for colostrum based and other dairy products. In addition, rising demand for the colostrum, development in the field of the livestock sector are likely to increase the growth opportunities during the coming years.The colostrum market in the region is largely held by countries such as China, Japan, Australia, and New Zealand. The factors leading to the growth of the colostrum market in these countries are the large production of colostrum based products. The countries are also the largest exporters and consumers for colostrum based and other dairy products.
In addition, in the other countries of Asia Pacific the rising demand for the colostrum, development in the field of the livestock sector, development for the colostrum and raising awareness about the benefits of colostrum are estimated to grow the colostrum market during the forecast period.
China is anticipated to lead the adoptions of Colostrum across the Asia Pacific region through the forecast period. The colostrum market in China is expected to grow significantly, owing to the largest consumption of colostrum and colostrum based products. In the country, the epidemic of severe acute respiratory syndrome (SARS) has resulted in the highest demand for colostrum. Also, the consumption of milk and milk products has increased across the country. It is also increased the production of milk production in the past few years.
Japan Colostrum Market Revenue and Forecasts to 2027 (US$ Mn)
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ASIA PACIFIC COLOSTRUM – MARKET SEGMENTATION
Asia Pacific Colostrum Market - By Product
- Whole Colostrum Powder
- Skimmed Colostrum Powder
- Specialty
Asia Pacific Colostrum Market - By Application
- Nutritional Supplementation
- Animal Feed
- Others
Asia Pacific Colostrum Market - By Country
- China
- Japan
- India
- Australia
- South Korea
- New Zealand
- Vietnam
- Philippines
Companies Mentioned
- Saskatoon Colostrum Company Ltd
- Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH
- Dairy Tech Inc.
- ImmuCell Corporation
- Fonterra Co-Operative Group
- Immuno-Dynamics, Inc.
- E.C.I.
- PanTheryx
- 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
Australia, China, Japan, South Korea
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
2. Asia Pacific Colostrum Market – Key Takeaways
3. Asia Pacific Colostrum Market – Market Landscape
3.1 Overview
3.2 Market Segmentation
3.2.1 Asia Pacific Colostrum Market – By Product
3.2.2 Asia Pacific Colostrum Market – By Application
3.2.3 Asia Pacific Colostrum Market – By Asia Pacific Region
3.3 PEST Analysis
4. Asia Pacific Colostrum Market – Key Market Dynamics
4.1 Key Market Drivers
4.1.1 Role of Colostrum in Animal Husbandry
4.1.2 Benefits of Colostrum for Athletes
4.2 Key Market Restraints
4.2.1 Stringent Regulations on Bovine Colostrum for Infant Formula
4.3 Key Market Opportunity
4.3.1 Growth in Functional Foods
4.4 Future Trends
4.4.1 Rising Applications in Cosmetics
4.5 Impact Analysis
5. Colostrum Market – Asia Pacific Analysis
5.1 Asia Pacific Colostrum Market Revenue Forecasts And Analysis
5.2 Performance Of Key Players
6. Colostrum Market Analysis And Forecasts To 2027 – Product
6.1 Overview
6.2 Asia Pacific Colostrum Market Share by Product 2018 & 2027 (%)
6.3 Whole Colostrum Powder
6.3.1 Overview
6.3.2 Whole colostrum powder Market Revenue and Forecast to 2027 (US$ Mn)
6.4 Skimmed Colostrum Powder
6.4.1 Overview
6.4.2 Skimmed Colostrum Powder Market Revenue and Forecast to 2027 (US$ Mn)
6.5 Specialty
6.5.1 Overview
6.5.2 Specialty Market Revenue and Forecast to 2027 (US$ Mn)
7. Colostrum Market Analysis And Forecasts To 2027 – Application
7.1 Overview
7.2 Asia Pacific Colostrum Market Share By Application 2018 & 2027 (%)
7.3 Nutritional Supplementation
7.3.1 Overview
7.3.2 Nutritional Supplementation Market Revenue and Forecast to 2027 (US$ Mn)
7.4 Animal feed Market
7.4.1 Overview
7.4.2 Animal feed Market Revenue and Forecast to 2027 (US$ Mn)
7.5 Others
7.5.1 Overview
7.5.2 Others Market Revenue and Forecast to 2027 (US$ Mn)
8. Colostrum Market Revenue And Forecasts To 2027 – Asia Pacific Analysis
8.1 Asia Pacific Colostrum Market
8.1.1 Overview
8.1.2 Asia Pacific Colostrum Market Revenue And Forecasts to 2027 (US$ Mn)
8.1.3 Asia Pacific Colostrum Market Revenue And Forecasts to 2027, By Product (US$ Mn)
8.1.4 Asia Pacific Colostrum Market Revenue And Forecasts to 2027, By Application (US$ Mn)
8.1.6 Asia Pacific Colostrum Market Revenue and Forecasts to 2027, By Country (%)
8.1.7 China Colostrum Market
8.1.7.1 China Colostrum Market Revenue and Forecasts to 2027 (US$ Mn)
8.1.7.2 China Colostrum Market Revenue And Forecasts to 2027, By Product (US$ Mn)
8.1.7.3 China Colostrum Market Revenue And Forecasts to 2027, By Application (US$ Mn)
8.1.8 Japan Colostrum Market
8.1.8.1 Japan Colostrum Market Revenue and Forecasts to 2027 (US$ Mn)
8.1.8.2 Japan Colostrum Market Revenue And Forecasts to 2027, By Product (US$ Mn)
8.1.8.3 Japan Colostrum Market Revenue And Forecasts to 2027, By Application (US$ Mn)
8.1.9 India Colostrum Market
8.1.9.1 India Colostrum Market Revenue and Forecasts to 2027 (US$ Mn)
8.1.9.2 India Colostrum Market Revenue And Forecasts to 2027, By Product (US$ Mn)
8.1.9.3 India Colostrum Market Revenue And Forecasts to 2027, By Application (US$ Mn)
8.1.10 Australia Colostrum Market
8.1.10.1 Australia Colostrum Market Revenue and Forecasts to 2027 (US$ Mn)
8.1.10.2 Australia Colostrum Market Revenue And Forecasts to 2027, By Product (US$ Mn)
8.1.10.3 Australia Colostrum Market Revenue And Forecasts to 2027, By Application (US$ Mn)
8.1.11 South Korea Colostrum Market
8.1.11.1 South Korea Colostrum Market Revenue and Forecasts to 2027 (US$ Mn)
8.1.11.2 South Korea Colostrum Market Revenue And Forecasts to 2027, By Product (US$ Mn)
8.1.11.3 South Korea Colostrum Market Revenue And Forecasts to 2027, By Application (US$ Mn)
9. Colostrum Market – Industry Landscape
9.1 Overview
9.2 Growth Strategies Done By the Companies in the Market, (%)
10. Colostrum Market – Key Company Profiles
10.1 Saskatoon Colostrum Company Ltd (SCCL)
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Financial Overview
10.1.4 Product Portfolio
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Financial Overview
10.2.4 Product Portfolio
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Dairy Tech Inc.
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Financial Overview
10.3.4 Product Portfolio
10.3.5 Product Information
10.3.6 SWOT Analysis
10.3.7 Key Developments
10.4 ImmuCell Corporation
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Financial Overview
10.4.4 Product Portfolio
10.4.5 Product Information
10.4.6 SWOT Analysis
10.4.7 Key Developments
10.5 Fonterra Co-Operative Group
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Financial Overview
10.5.4 Product Portfolio
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Immuno-Dynamics, Inc.
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Financial Overview
10.6.4 Product Portfolio
10.6.5 Product Information
10.6.6 SWOT Analysis
10.6.7 Key Developments
10.7 E.C.I.
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Financial Overview
10.7.4 Product Portfolio
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 PanTheryx
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Financial Overview
10.8.4 Product Portfolio
10.8.5 Price
10.8.6 SWOT Analysis
10.8.7 Key Developments
10.9 coloQuick Int.
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Financial Overview
10.9.4 Product Portfolio
10.9.5 Price
10.9.6 SWOT Analysis
10.9.7 Key Developments
10.10 BIOSTRUM NUTRITECH PVT. LTD.
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Financial Overview
10.10.4 Product Portfolio
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Glossary of Terms
11.3 Methodology
11.3.1 Coverage
11.3.2 Secondary Research
11.3.3 Primary Research
LIST OF TABLES
Table 1. Asia Pacific Colostrum Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 2. Asia Pacific Colostrum Market Revenue And Forecasts To 2027, By Application (US$ Mn)
Table 3. China Colostrum Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 4. China Colostrum Market Revenue And Forecasts To 2027, By Application (US$ Mn)
Table 5. Japan Colostrum Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 6. Japan Colostrum Market Revenue And Forecasts To 2027, By Application (US$ Mn)
Table 7. India Colostrum Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 8. India Colostrum Market Revenue And Forecasts To 2027, By Application (US$ Mn)
Table 9. Australia Colostrum Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 10. Australia Colostrum Market Revenue And Forecasts To 2027, By Application (US$ Mn)
Table 11. South Korea Colostrum Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 12. South Korea Colostrum Market Revenue And Forecasts To 2027, By Application (US$ Mn)
Table 13. Growth Strategies Done By Companies
Table 14. Glossary of Terms, Colostrum Market
LIST OF FIGURES
Figure 1. India Colostrum Market, Revenue (US$ Mn), 2018 & 2027
Figure 2. Asia Pacific Colostrum Market By Product, Market Share (%), 2018
Figure 3. Asia Pacific Colostrum Market By Application, Market Share (%), 2018
Figure 4. Colostrum Market Segmentation
Figure 5. Asia Pacific PEST Analysis
Figure 6. Colostrum market impact analysis of driver and restraints
Figure 7. Asia Pacific Colostrum Market – Revenue Forecasts And Analysis –2018- 2027
Figure 8. Market Positioning Of Key Player In Global Colostrum Market
Figure 9. Asia Pacific Colostrum Market Share by Product Type 2018 & 2027 (%)
Figure 10. Whole colostrum powder Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 11. Skimmed Colostrum Powder Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 12. Specialty Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 13. Asia Pacific Colostrum Market Share By Application 2018 & 2027 (%)
Figure 14. Nutritional Supplementation Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 15. Animal feed Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 16. Others Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 17. Asia Pacific Colostrum Market revenue Overview, by Country (2018) (us $ MN)
Figure 18. Asia Pacific Colostrum Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Asia Pacific Colostrum Market Revenue And Forecasts to 2027, By Country (%)
Figure 20. China Colostrum Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. Japan Colostrum Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. India Colostrum Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Australia Colostrum Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. South Korea Colostrum Market Revenue and Forecasts to 2027 (US$ Mn)
The List of Companies - Asia Pacific Colostrum Market
- Saskatoon Colostrum Company Ltd
- Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH
- Dairy Tech Inc.
- ImmuCell Corporation
- Fonterra Co-Operative Group
- Immuno-Dynamics, Inc.
- E.C.I.
- PanTheryx
- coloQuick Int.
- BIOSTRUM NUTRITECH PVT. LTD.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
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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