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COLOSTRUM MARKET ANALYSIS

Colostrum Market, By Source (Bovine Colostrum, Human Colostrum, and Other Animal Colostrum), By Form (Powder, Liquid, and Capsules/Tablets), By Application (Dietary Supplements, Functional Foods, Pharmaceuticals, and Animal Feed), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : Sep 2024
  • Code : CMI3671
  • Pages :120
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages

Colostrum Market Size and Trends

Global colostrum market is estimated to be valued at USD 1.30 Bn in 2024 and is expected to reach USD 1.75 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031.

Colostrum Market Key Factors

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Global colostrum market is expected to witness steady growth driven by the growing awareness about the nutritional benefits of colostrum among consumers. Colostrum is known to contain antibodies that help strengthen the immune system. It also contains growth factors that aid digestive health and support brain development in infants. With rising focus on preventive healthcare, consumers are increasingly using colostrum supplements to complement their daily nutrition. The popularity of organic and natural products is also favoring the growth of the colostrum market. Product innovations with enhanced functionality targeting specific end-use segments offer new opportunities. However, fluctuations in milk yield and quality are key challenges faced.

Market Driver - Increasing awareness of health benefits associated with colostrum.

Colostrum is gaining immense popularity due to its impressive health benefits. Although traditionally known as the first form of milk secreted by mammary glands of mammals, its benefits were limited to providing antibodies and nutrients to the newborn. However, with rising awareness about its composition and nutritional value, people are now regularly consuming colostrum for its various other health merits.

For instance, According to data by National Library of Medicine in 2021, colostrum is packed with proteins, vitamins, minerals, antioxidants, growth factors and immunoglobulins that possess powerful anti-inflammatory and wound healing properties. Regular intake of colostrum helps boost the immune system, digestive health, bone and joint health. It also supports brain and nervous system function. Many researchers have found colostrum effective against gut infections, respiratory issues, skin problems and certain types of cancer due to presence of cytokines, lactoferrin and other bioactive factors. These findings have intrigued health-conscious people to add colostrum to their diet or take it as a supplement.

Colostrum Market Concentration By Players

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Growing demand for dietary supplements and functional foods

With rising health issues and chronic diseases, people are actively seeking foods and supplements that offer additional health perks beyond basic nutrition. The dietary supplements industry has witnessed exponential growth providing a wide range of nutrients and ingredients for specific health conditions. Within this scenario, demand for functional foods and ingredients like colostrum has seen a steep rise.

Colostrum is now broadly marketed and packaged as a supplement for its various therapeutic properties. Capsules, tablets, powders are widely sold containing standardized colostrum extracts with immunoglobulins and growth factors. Sports nutrition and fitness enthusiasts also consume colostrum supplements for muscle gain and recovery during workouts owing to growth factors like IGF-1. Rising awareness through digital media campaigns by supplement companies has further bolstered demand. People have started viewing colostrum similar to probiotic supplements, considering its digestive and gut health benefits. The versatile positioning of colostrum as a multi-benefit supplement has fuelled the growth of colostrum market worldwide.

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