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) Industry Analysis Report, Regional Outlook, Growth Potential, Price Trend, Competitive Market Share & Forecast, 2021 – 2027

Published Date: Jan 2021  |  Report ID: GMI3978  |  Authors: Kunal Ahuja, Kritika Mamtani

Report Format: PDF   |   Pages: 240   |   Base Year: 2020




Summary Table of Contents Industry Coverage Methodology

Industry Trends

Colostrum market size exceeded USD 255 million in 2020 and is estimated to grow at a CAGR of 3.6% between 2021 and 2027. Rising demand for food & nutritional products which enhance immunity in the wake of the COVID-19 pandemic should drive industry growth.
 

Colostrum market research report
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Colostrum is a form of milk that comes from the mammary glands of mammals such as cows, sheep, goats and humans post pregnancy before breast milk is released. Colostrum contains an abundant amount of physiologically and immunologically active components, such as leukocytes, immunoglobulins, lactoferrin, cytokines, and lysozymes. It is widely utilized in end-use industries such as nutritional supplements, infant food, animal feed, cosmetics, biotechnology, and pharmaceuticals.
 

Rising consumer awareness regarding the significance of food supplements in improving the immunity and overall health of new-born babies & animals are anticipated to drive the colostrum market demand. Increasing disposable income along with rising sports & fitness trends is likely to induce overall market statistics. Food and beverage manufacturers are introducing functional foods, beverages, and nutrition bars prepared from colostrum ingredients.
 

Colostrum Market Report Coverage
Report Coverage Details
Base Year:2020
Market Size in 2020:255.96 Million (USD)
Forecast Period:2021 to 2027
Forecast Period 2021 to 2027 CAGR:3.6%
2027 Value Projection:325 Million (USD)
Historical Data for:2016 to 2020
No. of Pages:240
Tables, Charts & Figures:272
Segments covered:Product, Form, and Application
Growth Drivers:
  • North America : Growing health consciousness among consumers thereby increasing the demand for nutritional supplements
  • Asia Pacific : Rising demand from animal feed industry
  • Europe : Increasing demand from cosmetics sector
Pitfalls & Challenges:
  • Ban on bovine colostrum in infant foods

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High creaminess of whole colostrum powder should stimulate product demand

Market Size of Whole Colostrum Powder

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Global whole colostrum powder market size surpassed USD 120 million in 2020 and should register substantial gains through 2027. The product offers a high shelf life owing to the absence of additional ingredients apart from natural colostrum. Natural ingredients such as medium chain triglycerides and sunflower lecithin are routinely added to whole colostrum powder which enhances its solubility and flow.
 

Whole colostrum powder offers high creaminess which make them ideal ingredients for various beverages such as smoothies, drinks or can be dissolved in water and consumed directly. The product offers various benefits such as gut healing, immune support, digestive health and enhances recovery after exercise. Whole colostrum powder is cheaper than other colostrum products and is collected sooner after calving which retains nutrients and reduces the possibility of spoilage.
 

Rising consumer preference for natural and clean-label food products should boost organic colostrum market trends

Global organic colostrum industry size should register about 3.8% CAGR through 2027. The product is collected from animals fed with organic grass and is thus free from contaminants such as artificial hormones, pesticides and antibiotics. Growing consumer preference towards organic food & nutritional products owing to the perception that they are safer along with increasing awareness of the adverse environmental effects of chemical pesticides & fertilizers should drive market share.
 

The growing prevalence of stringent regulations which forbid the usage of antibiotics as growth promoters in livestock should enhance the availability of organic colostrum. Shifting consumer preferences towards natural and clean label products owing to their greater sustainability & growing supervision of colostrum manufacturers on the animal rearing practices of their suppliers should drive the organic segment of the industry.    
 

Booming health & wellness trends should stimulate product demand from nutritional supplements

Global Colostrum Market

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Global colostrum market from nutritional supplements applications surpassed USD 87 million in 2020 and should witness steady growth in the predicted period. Changing lifestyles and shifting focus toward health & wellness management among working-class professionals are anticipated to drive the consumption of nutritional supplements containing colostrum powder. These products are widely used as nutritional supplements by athletes owing to their ability to boost energy and enhance athletic performance.
 

Growing fast food & meat consumption has contributed to the rise in obesity rates. The adoption of sedentary lifestyles and hectic work schedules have contributed to a rise in chronic disorders such as diabetes and heart disease thus prompting consumers to seek functional food & nutritional supplements. Colostrum is a rich source of antibodies which helps the body fight disease-causing bacteria and viruses apart from providing essential nutrients such as proteins, energy & vitamins which should stimulate product demand.
 

Growing feed requirement as a result of increasing meat consumption should stimulate colostrum demand in Asia Pacific

Asia Pacific Colostrum Market

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Asia Pacific colostrum market is set to surpass USD 95 million by 2027 owing to the growing demand for quality meat and processed meat products. Ample economic growth and industrialization has increased consumer disposable income thereby driving the affluence of the middle class and demand for meat products. The dense animal population in China, India & Australia along with technological advancement in animal farming should boost market trends.
 

Colostrum is beneficial for newborn calves owing to their ability to absorb large antibody molecules in the intestine, making the product an essential feed ingredient for dairy livestock as the calves are separated from their mother soon after birth. The product’s low lactose content also makes it an ideal feed additive for horses which are lactose intolerant, the emergence of new livestock diseases may result in high animal mortality, thereby impacting productivity and weakening the regional economy which should accelerate colostrum market outlook.
 

Strategic acquisitions and New Product Launches are among the key business strategies Incorporated by manufacturers

Colostrum market share is significantly fragmented and the major industry players include PanTheryx, Ingredia Nutritional, Sterling Technology, Colostrum Biotec GmbH, The Saskatoon Colostrum Company, Farbest Brands and Cure Nutraceutical Pvt. Ltd. Companies are engaged in launching new products to capitalize on the increasing consumer awareness regarding the nutritional and immunological benefits of colostrum.
 

In February 2017, PanTheryx, a global biotech and nutrition company announced the acquisition of leading colostrum producer APS BioGroup and La Belle Associates Inc., a major supplier of colostrum. These multiple acquisitions should expand PanTheryx’s product portfolio and allows it to pursue aggressive research activities to investigate additional commercial opportunities for colostrum.
 

Global Colostrum market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume (Tons) and revenue in USD million from 2016 to 2027 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 has been provided for the following regions:

  • 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
    • South Africa
    • Saudi Arabia
    • UAE

 

Frequently Asked Questions (FAQ) :

The global market for colostrum had reached USD 255 million in 2020 and will register about 3.6% CAGR over 2021-2027 with the increase in consumption of immunity boosting food and nutritional products.
The industry share of whole colostrum was valued at over USD 120 million in 2020 and expand due to the provision of enhanced shelf life as additional ingredients are not present.
The market share from organic colostrum segment is anticipated to witness around 3.8% CAGR through 2027 with a consistent rise in the consumption of organic food products.
APAC colostrum market size is anticipated to reach USD 95 million by 2027 owing to the rise in consumption of quality processed meat products and notable economic growth.

Premium Report Details

  • Published Date: Jan 2021
  • Pages: 240
  • Tables: 237
  • Charts / Figures: 35
  • Companies covered: 18
  • Countries covered: 5

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