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Colostrum Market By Product (Whole Colostrum Powder, Specialty Colostrum Powder, Skim Colostrum Powder); By Form (Organic, Conventional); By Application (Nutritional Supplements, Infant Food, Animal Feed, Cosmetics, Others); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Market Analysis, Trends, Opportunity and Forecast, 2022-2032

Colostrum Market Overview and Definition

The global colostrum market size was valued at around USD 1.2 billion in 2022 and is projected to grow at a compound annual rate of growth (CAGR) of around 7.6% from 2022 to 2032.The market size is projected to succeed in USD 2.5 billion by 2032.

Colostrum is the first form of milk produced by mammals, including humans, during the initial days after giving birth. It is rich in nutrients, such as proteins, growth factors, and antibodies, which are essential for the growth and development of newborns.

The colostrum market refers to the production and sale of colostrum-based products, such as supplements, powders, and capsules, for human consumption. These products are typically marketed as natural health supplements, immune system boosters, and digestive aids.

The demand for colostrum-based products has been increasing in recent years due to their purported health benefits, such as boosting the immune system, reducing inflammation, improving gut health, and increasing athletic performance. Colostrum is also being researched for its potential to treat various health conditions, including infectious diseases, allergies, and autoimmune disorders.

Colostrum is sourced from various mammalian species, including cows, goats, and sheep, with bovine colostrum being the most commonly used in commercial products. The colostrum market is primarily driven by the growing demand for natural health supplements and the increasing awareness of the health benefits of colostrum-based products.

The market is expected to grow at a rate of 7.6% from 2022 to 2032; advancements such as product composition of increased nutritional ingredients, including protein, are resulting in increased demand for colostrum. To prevent diarrhea and enteritis, a small amount of colostrum is given to calves. This is because colostrum can provide critical energy during heat as cold stress. Since the last couple of years, food and beverage manufacturers have been increasing their expenditure on the development of products by utilizing many novel milk constituents, including human milk oligosaccharides, galactooligosaccharides, and colostrum.

Colostrum has been gaining popularity due to its nutritional benefits over the past few years. For example, colostrum contains lactoferrin, which boosts the immune system to fight against infection, bacteria, and viruses, and this helps inflammation and damages the gut in the human body. Diarrhea associated with viral infections and bacteria is prevented by the antibodies and protein contained in lactoferrin. Due to the high protein content in skimmed colostrum products, these products are projected to promote their utility as sports supplements among health enthusiasts and gym professionals to maintain body strength and ensure muscle gains.

Growth factors are there in colostrum that helps cell growth and regeneration, and some fine cosmeceutical products contain colostrum as an incorporate to help protect against external influences. Colostrum is also used against skin irritation and supports the treatment of skin defects. This is because it has antibacterial effects and positively impacts skin moisturizing, and contributes to better elasticity and skin resistance, including slowing down the aging process and brightening up the facial skin. Moreover, there is an increase in the importance of ensuring proper nutrition among infants in developed countries such as the United States, Germany, United Kingdom, France and it is expected to prompt the product utilization as baby care nutritional supplements.

Key Regional Insights

In 2021, North America generated significant sales, and it is expected to witness positive growth in the near future due to the extensive presence of health-conscious individuals in key markets such as the United States and Canada. There are many strong brand campaigns to promote proper lifestyle and balanced nutritional intake, especially through online social platforms and electronic media, and it is anticipated to bode well for the regional growth.

From 2022 to 2032, Asia Pacific is expected to witness a growth rate of 5.3% due to rising disposable income along with improvement in living standards among middle-class income groups of China and India. This is in light of the local government's favorable policies to create new investment and job opportunities that are expected to drive the growth of the colostrum market. Moreover, there is a high concentration of cattle farming in China, India, and New Zealand, and it is projected to encourage the industry participants to form partnerships to access raw materials for the production of colostrum. Moreover, changing lifestyles and shifting focus towards wellness management among working-class professionals in developing countries, including China and India, will further boost the growth of the market.

Colostrum Market Key Players

The key market players are:

· NOW Foods

· Sterling Technology

· PanTheryx, Inc.

· Biostrum Nutritech Pvt. Ltd.

· Colostrum BioTec GmbH

· Biotaris B. V.

· Immuno-Dynamics, Inc.

· Ingredia Nutritional

· Cuprem Inc.

· Good Health New Zealand

· Deep Blue Health New Zealand Ltd.

· The Saskatoon Colostrum Company and

· Cure Nutraceutical PVT. LTD.

Colostrum Market Segmentation

By Product

· Whole Colostrum Powder

· Specialty Colostrum Powder

· Skim Colostrum Powder

By Form

· Organic

· Conventional

By Application

· Nutritional Supplements

· Infant Food

· Animal Feed

· Cosmetics

· Others

By Region

· North America

· Europe

· Asia Pacific

· Latin America

· Middle East & Africa

Recent Developments

· In the year 2017, PanTheryx, a global biotech and nutrition company, announced the acquisition of leading colostrum producer: APS BioGroup and La Belle Associates inc., another major supplier of colostrum.

· In the year 2018, Parag Milk Foods Pvt. Ltd. collaborated with ColoPlus AB, a Swedish R&D company to launch colostrum nutritional supplements in India.

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Booklet
  • Publication date: 15th October 2023
  • Base year: 2022
  • Forecast year: 2023-2033
  • Format: PDF, PPT,Word,Excel
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