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Colostrum Market Analysis

  • Report ID: GMI3978
  • Published Date: Nov 2022
  • Report Format: PDF

Colostrum Market Analysis

 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.
 

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.
 

Global Colostrum Market from Nutritional Supplement Application

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.
 

Global Lignin Market By Region

 

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.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Global colostrum industry was worth over USD 260 million in 2022 and is anticipated to exhibit more than 3.5% CAGR between 2023-2032, on account of the growing consumption of nutritional supplements.

Colostrum industry value from the specialty colostrum powder segment is projected to be worth more than USD 76.5 million by 2032 due to a rise in the lactose-intolerant population.

North America colostrum industry is expected to value at more than USD 125.5 million by 2032, owing to the surging demand for protein-rich diets and increased consumption of fish, meat, and poultry.

Colostrum Biotech GmBH, Sterling Technology, The Saskatoon Colostrum Company, Cure Nutraceutical Pvt ltd, and NOW Foods are some of the companies operating in the colostrum industry.

Colostrum Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 18
  • Tables & Figures: 269
  • Countries covered: 22
  • Pages: 253
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