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Colostrum Market Size

  • Report ID: GMI3978
  • Published Date: Nov 2022
  • Report Format: PDF
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Colostrum Market Size

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.

 

colostrum market outlook
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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.
 

Colostrum Market Report Attributes
Report Attribute Details
Base Year:2022
Colostrum Market Size in 2022:270 Million (USD)
Forecast Period:2023 to 2032
Forecast Period 2023 to 2032 CAGR:3.5%
2032 Value Projection:390 Million (USD)
Historical Data for:2018 to 2022
No. of Pages:253
Tables, Charts & Figures:269
Segments covered:Product, Form, Application
Growth Drivers:
  • Asia Pacific: Rising demand from the animal feed industry
  • North America: Growing health consciousness among consumers thereby increasing the demand for nutritional supplements
  • Europe: Increasing demand from the cosmetics sector
Pitfalls & Challenges:
  • Ban of bovine colostrum in infant foods
Learn more about the key segments shaping this market
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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

  • Colostrum Market Size
  • Colostrum Market Analysis
  • Colostrum Market Share

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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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