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Colostrum Market size to exceed $390 Mn by 2032

  • Published Date: November 4, 2022

Colostrum Market size is poised to surpass USD 390 million by 2032, as per a new research report announced by Global Market Insights Inc.

Rising preference for anti-aging cosmetic products has increased the demand for colostrum from the cosmetic industry. While commonly ingested, colostrum can also be topically applied to the skin to boost its natural secretions of antibacterial compounds and provide moisturizing benefits. It is commonly used as an ingredient in the formulation of various cosmetic and skincare products, since it can provide multiple benefits including healing from sun damage, hydration, and skin healing, among others.

Additionally, colostrum can help fight health infections, improve gut health, and immunity, making it a crucial ingredient in nutritional supplements. The increase in consumer propensity toward functional foods and dairy products enriched with nutritional ingredients is fostering innovation in the colostrum industry.

Ease of consumption to drive whole colostrum powder demand

Colostrum market share from the whole colostrum powder product segment is anticipated to depict more than 3.5% CAGR between 2022-2032. This can be attributed to the expansive application scope of whole colostrum powder in different food products. Whole colostrum powder is commonly available in the regular form and instanized form. This powder is consumed in its most natural form and demonstrates varying degrees of solubility. It is also used with various food products including beverage bases, milk products, dairy product analogs, nutrition bars, and snacks. Such wide-ranging applications of whole colostrum powder are likely to promote its usage as a key nutritional ingredient in numerous food products.

Awareness of product health benefits to stimulate consumption of organic colostrum

Colostrum market share from the organic form segment is projected to exceed USD 58.5 million by 2032. Growing health consciousness among the general population has emphasized the importance of organic products. The health benefits of organic ingredients, along with the increased access to information about organic food, have increased the consumption of organic colostrum. These factors, alongside a steady rise in disposable incomes, are thus creating strong opportunities for colostrum industry development over the forecast period.

Browse key industry insights spread across 253 pages with 235 market data tables and 34 figures & charts from the report “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”, in detail along with the table of contents:

Preference for nutritious infant food to bolster the adoption of colostrum products

Colostrum industry share from the infant food application segment is anticipated to exhibit a 4% CAGR from 2023-2032. Colostrum is an important ingredient for babies as it helps build a strong immune system. Additionally, colostrum creates a strong coating in the intestines and stomach of the baby to prevent inflammation and keep germs from causing illness. These health benefits are contributing significantly to the use of colostrum products as critical nutritional supplements in healthy infant food formulations.

Growing health consciousness among consumers to augment Europe colostrum market size

Europe colostrum industry size is projected to exceed USD 110.5 million by 2032. Over the years, there has been a rapid increase in awareness regarding healthy lifestyles among Europeans. Consumers in the region are shifting their preference toward natural ingredients in their cosmetic and personal care products. Government organizations across the EU are also promoting the consumption of healthier food products. These factors will proliferate the demand for colostrum over the forthcoming years, strengthening the regional market outlook.

New product developments from industry players to define market 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, and Biodane Pharma, among others. Companies are developing new products to extend their business footprint and reinforce their market position.

Authors: Kunal Ahuja, Sarita Bayas