The market for Colostrum Market is expected to reach USD$ XX in 2023.
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.
By Type
By Form
By Usage
By Geography
Biostrum Nutritech Pvt. Ltd., Sterling Technology, NIG Nutritionals Ltd., Cuprem Inc., Ingredia Nutritional, APS BioGroup, and Saskatoon Colostrum Co. Ltd., among others.
The market for Colostrum Market is expected to reach USD$ XX in 2023.
The Colostrum Market is expected to see significant CAGR growth over the coming years, at XX%.
The report is forecasted from 2016 -2023.
The base year of this report is 2015.
Biostrum Nutritech Pvt. Ltd., Sterling Technology, NIG Nutritionals Ltd., Cuprem Inc., Ingredia Nutritional, APS BioGroup, and Saskatoon Colostrum Co. Ltd . ,are some of the major players in the global market.