Colostrum Market Size By Product (Whole Colostrum Powder, Specialty Colostrum Powder, Skim Colostrum Powder), By Form (Organic, Conventional), By Application (Nutritional Supplements, Infant Food, Animal feed, Cosmetics), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2023 – 2032

Industry Overview

Colostrum Market size was valued at over USD 260 million in 2022 and is expected to depict over 3.5% CAGR from 2023-2032. Rising health awareness among the general population to bolster industry dynamics over the forecasts period.
 

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Growing health awareness among the general population has increased the consumption of nutritional supplements. Ingredients such as colostrum improve gut health, enhances immunity, and help fight infections. The rising consumption of nutraceuticals to cure chronic disorders will thus bolster the use of colostrum over the forthcoming years.
 

It is anticipated that the prohibition of bovine colostrum in infant food may inhibit the growth of the colostrum industry. For instance, the Ministry of Health in China banned the usage of bovine colostrum or derived dairy products for manufacturing infant formula in the nation. The growing concerns around animal cruelty have also fostered the adoption of vegan products which may restrict the demand for colostrum.
 

Growing consumption of lactose-free products to increase demand for specialty colostrum powder

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 Specialty colostrum powder market share is expected to be worth more than USD 76.5 million by 2032. The growing prevalence of lactose-intolerance among the global population has fostered the adoption of non-dairy products. According to the American Family Physician, lactose intolerance is commonly observed in ethnic groups such as people of African, Middle Eastern, and Asian descent. This increases the consumption of non-lactose products such as colostrum, especially in powdered form as it is soluble in different food products. The little to no-lactose content in colostrum will thus increase consumer acceptance of the product over the years.
 

Widespread applicability of conventional colostrum in cosmetics to boost market size

Colostrum market share from the conventional colostrum form is anticipated to register over 3% CAGR from 2023 to 2032. This growth can be credited to the broad range of applications of the ingredient in various end-use sectors. The ingredient is used across cosmetics, infant food, animal feed, nutritional supplements, and other applications. Since the escalating demand from various end-use industries cannot be catered to by organically sourced products, the adoption of conventional colostrum is likely to increase substantially over the forecast period.
 

Growing demand for immunity-boosting nutraceuticals augments colostrum consumption

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Colostrum market share from the nutritional supplement application segment is projected to depict a 4% CAGR from 2023 to 2032. This growth can be attributed to the increased consumption of nutraceuticals which can boost immunity as well as avoid and treat gut health issues such as diarrhea. Colostrum offers development factors such as epidermal growth factor and immunological components such as lactoferrin, IgA, and leukocytes. It also contains high amounts of vitamin A, vitamin K, and vitamin B12 and low levels of lactose. Such benefits, in addition to the growing interest in consuming nutritional supplements, will augment the consumption of colostrum products.
 

Rising consumption of protein foods to strengthen North America colostrum market outlook

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North America colostrum industry is expected to be worth more than USD 125.5 million by 2032. Growing demand for a protein-rich diet among consumers has increased the consumption of fish, meat, and poultry in the region. The rapid rise in demand for meat products across the region is driving the adoption of feed ingredients such as colostrum. The product can enhance the quality and performance-enhancing properties of meat, which may help bolster regional market dynamics.
 

Key product launches by industry players to expand competitive landscape

Some of the major companies operating in the colostrum market include Colostrum Biotech GmBH, Sterling Technology, The Saskatoon Colostrum Company, Cure Nutraceutical Pvt ltd, NOW Foods, Good Health New Zealand, Deep Blue Health New Zealand, PanTheryx, Biostrum Nutritech Pvt Ltd, Biotaris BV, Immuno Dyanmics Inc, Genceutic Naturals, Ingredia, Biodane Pharma, Puralife LLC, Bionatin BV, Farbest Brands, Magmed Limited MIP Colostrum. Many of these companies are focusing on launching novel products, among other strategies, to expand their portfolio and create a strong presence in the industry.
 

Impact of COVID-19 crisis on the colostrum market expansion

The COVID-19 pandemic highlighted the importance of improving body immunity in order to curb disease progression. The rising number of coronavirus cases has especially increased emphasis on safeguarding infants. Breast milk contains properties that protect infants from various diseases owing to the presence of colostrum. Furthermore, with the rising demand for protein-induced diets and lactose-free products, the consumption of ingredients like colostrum will increase, influencing industry dynamics over the forthcoming years.
 

The colostrum market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Tons and revenue in USD Million from 2018 to 2032 for the following segments:

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

The above information is provided on a regional and country basis for the following:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Malaysia
  • Vietnam
  • Indonesia
  • Australia
• Latin America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa