Colostrum Market to Grow with a CAGR of 3.5% through 2028
The growing popularity of functional foods and dietary supplements and
the rising awareness of the health benefits of colostrum are factors driving
the global Colostrum market in the forecast period 2024-2028.
According to TechSci Research report, “Colostrum Market –
Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2028”, the Global Colostrum Market
stood at USD276.01 million in 2022 and is anticipated to grow with a CAGR of 3.5%
in the forecast period, 2024-2028. The global colostrum market is characterized
by steady growth, driven by increased consumer awareness of its health
benefits. Colostrum, the nutrient-rich fluid produced by mammals in the early
postnatal period, is gaining popularity for its immune-boosting properties and rich
nutritional profile. It is utilized in dietary supplements, functional foods,
and various other applications. The market is marked by innovations in product
formulations, expanding applications beyond supplements, and the rise of
e-commerce as a significant distribution channel. While North America has
traditionally dominated the market, other regions are also witnessing growth as
colostrum gains recognition as a valuable natural ingredient in promoting
health and wellness.
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"Global Colostrum Market.”
One of the prominent trends in the colostrum market is the growing
consumer preference for natural health solutions. As people become more
health-conscious, there is a shift towards products that are derived from
natural sources and are perceived as safer and more wholesome. Colostrum, being
a natural and bioactive-rich substance, aligns perfectly with this trend.
Colostrum is finding its way into an increasingly diverse range of
applications beyond traditional dietary supplements. This diversification
includes its use in pharmaceuticals, cosmetics, infant nutrition, sports and
fitness products, and animal feed. The versatility of colostrum and its wide
array of bioactive compounds make it suitable for a variety of industries,
contributing to market growth.
Additionally, innovation in product formulations and delivery methods is
a noticeable trend. Manufacturers are actively working on enhancing the
bioavailability and effectiveness of colostrum-based products. Encapsulation
and liposomal technologies are being employed to protect colostrum bioactives
and improve their absorption in the body. These innovations provide consumers
with more efficient and convenient ways to incorporate colostrum into their
daily routines.
Increasing consumer awareness of the health benefits of colostrum is a
significant trend. Consumers are becoming more knowledgeable about colostrum's
immune-boosting properties, nutritional value, and potential applications. This
awareness has led to greater interest in colostrum-based products.
Colostrum's adaptability and efficacy across various industries are
driving market growth. In the pharmaceutical sector, colostrum is explored for
its potential in treating digestive disorders and immune system support. In
cosmetics, its skin-repairing and anti-aging properties are valued. Animal
farmers use it to enhance the health and growth of newborn animals. These
expanding applications are widening the colostrum market's scope.
The global Colostrum market is segmented into type, application, sales
channel, regional distribution, and company.
Based on type the market is segmented into powder, capsule and chewable
tablets.
The powder segment is experiencing rapid growth in the global colostrum
market. Powdered colostrum products, including colostrum supplements and infant
formula, are becoming increasingly popular due to their convenience and
versatility. Consumers appreciate the ease of incorporating powdered colostrum
into their daily routines, whether as a dietary supplement or as part of infant
nutrition. This segment's growth is also driven by innovations in product
formulations, packaging, and the extended shelf life of powdered colostrum,
making it a preferred choice for both health-conscious individuals and
manufacturers seeking to meet the rising demand for colostrum-based products.
Based on application
the market is further segmented into functional food, cosmetics and personal
care, animal feed, others (sports nutrition, infant nutrition, etc.).
Based on end-user
the market is segmented into hypermarkets, online, drug stores and others
(direct sales, etc.).
Based on region the
market is segmented into five regions Asia Pacific, North America, Europe,
Middle East & Africa, and South America.
Major companies operating in Global Colostrum Market
are:
- Cure
Nutraceutical Pvt . Ltd.
- The
Saskatoon Colostrum Company
- Biostrum
Nutritech
- NOW
Foods
- PanTheryx
- Deep
Blue Health New Zealand Ltd
- Good
Health New Zealand
- Sterling
Technology
- Puralife
LLC
- APS
Biogroup
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“The global colostrum market is experiencing robust growth driven by
increased consumer awareness of its health benefits and its diversification
into various industries. Colostrum, the nutrient-rich fluid produced by mammals
in the early postnatal period, is prized for its immune-boosting properties and
nutritional value. It finds applications not only in dietary supplements but
also in pharmaceuticals, cosmetics, infant nutrition, and the sports and
fitness industry. Regulatory support, innovations in product formulations, and
the convenience of online shopping have further propelled market expansion.
While North America remains a dominant region, the colostrum market is steadily
growing worldwide, driven by consumer demand for natural and functional ingredients.,”
said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“Colostrum Market By Type
(Powder, Capsule and Chewable tablets), By Application (Functional Food,
Cosmetics and Personal Care, Animal Feed, Others (Sports Nutrition, Infant
Nutrition, etc.)), By Sales Channel (Hypermarkets, Online, Drug Stores and
Others (Direct Sales, etc.)), By Region, By Competition Forecast &
Opportunities, 2018-2028F”,
has evaluated the future growth potential of global colostrum market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global colostrum market.
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