Market Insights
Colostrum is a type of milk produced by mammals in their late pregnancies as well as for a few days after giving birth to a baby. It comprises a significant level of immunoglobulins such as IgA, IgG, and IgM and is easy to grasp, making it highly preferred for newborn babies in order to strengthen their immunity as it contains a high amount of antibodies. The colostrum helps in digestion, enhances the immune system, and helps destroy the bacteria that cause diseases.
The global colostrum market is at a nascent stage and is anticipated to observe robust growth over the next seven years until 2023. Rising health consciousness among parents, along with significant demand for colostrum-based yogurt and milk formula, are factors expected to drive the growth of the global colostrum market during the period 2016–2023.
At present, Asia-Pacific captured the maximum share in revenue from the colostrum market and is anticipated to dominate over the forecast period. Rising awareness related to the benefits of colostrum powder, along with increasing demand in various industries such as cosmetics and additions in nutritional supplements, is projected to boost the demand for colostrum in the Asia Pacific region over the coming few years and will expand the growth of the market during the forecast period. Rising trends in online purchasing are anticipated to bolster the growth of the Europe and North American colostrum markets over the period 2016–2023.
The global colostrum market is mainly concentrated in Asia. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
The global colostrum market is segmented on the following bases:
By Type
- Skim Colostrum Powder
- Whole Colostrum Powder
- Specialty Colostrum Powder
By Form
By Usage
- Nutritional Supplements
- Animal Feeds
- Fortified Foods
- Clinical Nutrition Foods
- Cosmetics
- Infant Foods
By Geography
- North America
- Europe
- Germany
- France
- UK.
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa
Key players identified across the value chain in the colostrum market include but are not limited to:
Biostrum Nutritech Pvt. Ltd., Sterling Technology, NIG Nutritionals Ltd., Cuprem Inc., Ingredia Nutritional, APS BioGroup, and Saskatoon Colostrum Co. Ltd., among others.
This report offers the following:
- An overview of the global colostrum market
- Market trends assessment for the period 2016-2023, with historical information for 2013 and 2014 and projections through 2023, with respective CAGRs during 2016-2023 and 2015 as the base year
- Qualitative assessment tools such as market drivers, challenges, and future prospects, and competitive analysis: market positioning of key market players
- Focus on each level of market segmentation based on product approvals, launches, and current and anticipated market dynamics.
- A general overview of the industry structure
- Company profiles highlighting key information about the major players operating in the global colostrum market,
- This report includes an estimation of market sizes for value. Both top-down and bottom-up approaches have been used to estimate and validate the size of the colostrum market.
