Colostrum MarketSize and Trends

Colostrum Market 2017-2027

Colostrum is the first milk produced by humans, cows, and other mammals that have given birth. It is highly nutritious and contains antibodies, which are essential to fight against infections and promote healthy growth in infants and newborn animals. Colostrum also stimulates immunity and improve gut health as they are a rich source of protein. Colostrum is also used to make supplements which are known as bovine colostrum it is rich in vitamins, fats, minerals, disease-fighting proteins, carbohydrates, growth hormones, and digestive enzymes. Bovine colostrum is highly nutritious and contains more nutrients as compared to regular milk.

The global colostrum market is projected to reach around US$ 2.0 billion by the end of 2027, in terms of revenue, growing at CAGR of 4% during the forecast period (2019-2027).

Market Trends

The rising trend of adopting smart strategies such as partnerships among major players is projected to accelerate the market growth of Colostrum. For instance, in July 2018, Parag Milk Foods (PMFL) announced that it is collaborating with Swedish research organization ColoPlus AB to launch a colostrum-based nutrition product in India. ColoPlus AB is a research and development company that develops colostrum-based therapeutic food.

The growing trend of using colostrum as a nutraceutical for animal application as it provides protection from a wide range of infections caused by bacteria and viruses which is projected to augment the market growth. The colostral immunoglobulins destroy the pathogens and protect the animals from attracting infections. Therefore, the rising demand for colostrum-based animal feeds is projected to propel the growth of the market.

Figure 3. Global Colostrum Market, Revenue Share (%), By Application, in 2018

On the basis of application, in 2018, the infant food has accounted the largest market share of 41.3% in terms of value, followed by the animal feed and functional food & nutritional supplements.

Colostrum Market Report Snapshots