Colostrum Market Size to Rapid Growth and Forecast till 2026
Posted by Swati Tamhankar on June 11th, 2019
Colostrum milk is the first form of milk produced by the humans and animals after the birth of newborn. Colostrum is a yellowish fluid that contains vital ingredients that caters to the nutrition requirements of the baby in the first few days of growth outside the womb. It primarily consists of antibodies protecting the newborn babies against disease. Colostrum milk contains important bioactive compounds and is one of the natural sources of growth and healing. Medical importance of colostrum has been gaining high traction across world for the treatment of various health diseases, such as chronic fatigue syndrome, cancer, and blood infections. The demand for organically obtained colostrum is providing impetus to the growth in colostrum market. A positive outlook for the colostrum market can be seen in the estimated forecast owing to its plethora of health benefits.
Increased demand for colostrum enriched nutraceutical is anticipated to boost the demand and help market expansion. Bovine colostrum is rich in antimicrobial factors, immunity, and growth, which stimulates tissue growth and maturation immune functions and digestive system. Bovine colostrum is enriched nutraceutical that helps prevent infectious diseases in children and adults.
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Fortification of colostrum in probiotic yogurt and infant formulas to present lucrative opportunity to the engaged stakeholders in the colostrum market worldwide. Colostrum adds multiple advantages to the probiotic yogurts, which includes improvement of the sensory characteristics namely, appearance, flavor, color, and texture to name a few. There are some alternatives for colostrum in the market. These include protein powder, avocado powder, and almond powder, which might act as a potential alternative for colostrum. Potential alternatives available for the colostrum market are much more cost effective and readily available posing a major challenges for the growth of the colostrum market.
The global colostrum market is segmented into product type, form, distribution channel, end user, and region. Based on product type, the market is classified into whole colostrum powder, skim colostrum powder, and specially colostrum powder. Based on form, it is divided into liquid, powder, and capsule. Based on distribution channel, it is categorized into departmental stores, modern trade, online sales channel and others. On the basis of end user, it is classified into human feed, and animal feed. Based on region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
Global market for colostrum products is dominated by companies such as La Belle Inc., The Saskatoon Colostrum, Ingredia Nutritional, Biotaris B.V., NIG Nutritionals, Biostrum Nutritech, APS BioGroup, Good Health NZ Products Ltd., Sterling Technology, Cuprem Inc., and some other well-established firms.
This report provides a quantitative analysis of the current trends, estimations, and dynamics of the colostrum market from 2019 to 2025 to identify the prevailing market opportunities. Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network. In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global industry. The market player positioning segment facilitates benchmarking while providing a clear understanding of the present position of the key market players. The report includes analyses of the regional as well as global market, key players, market segments, application areas, and growth strategies.
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About the AuthorSwati Tamhankar
Joined: April 3rd, 2019
Articles Posted: 167
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