Colostrum Market

Colostrum Market Value and Growth Analysis 2022 - 2027:

Colostrum Market was estimated at USD 1.9 billion in 2022. The market is likely to experience reasonable growth to record a CAGR of 3.9% throughout the foreseen period 2022 - 2027.

Colostrum is a milky liquid that comes from the breasts of humans, cows, and other mammals in the first days after calving before milk appears. It contains high levels of proteins, carbohydrates, fats, vitamins, minerals, and proteins (antibodies), which help fight pathogens such as bacteria and viruses. Antibody levels in colostrum can be 100 times higher than in normal cow's milk. Colostrum is taken from cows that have been vaccinated to produce antibodies that fight bacteria that cause diarrheal disease. These antibodies appear in colostrum that are collected as drugs. IGF-I, which is naturally found in colostrum increases the absorption of glucose in the blood and helps transport glucose to the muscles, maintaining energy levels. Colostrum is an important natural substance that helps athletes achieve the desired results. It helps to increase immune function, burn body fat, build lean muscle mass, increase strength and endurance, etc.

Recent Developments in the Colostrum Industry:

• American brand Bone Science, a brand of American company Redmars America Co, Ltd., will launch Dr's Grow UP, a natural food supplement containing colostrum that will initially be available in the United States and South Korea starting in 2020.

• Health products distributor Nu Skin Enterprises Inc. acquired Pharmanex Inc. (research and development of natural health supplements) for 4.1 million shares of Nu Skin Class A and assuming a 30mm liability.

• In an effort to maximize the potential of bovine colostrum for the benefit of global health, PanTheryx announces two major acquisitions that make it the world's leading manufacturer of nutrient-rich colostrum.

Colostrum Market Drivers and Restraints:

Increased investment by major players, coupled with the growth of R&D activities of governments of various countries for the development of immunization that helps in the treatment of AIDS-related diarrhea, is an important factor that is expected to drive the market growth of colostrum.

In addition, the increasing use of hyperimmune bovine colostrum in various clinical trials for the treatment of transplant-associated diarrhea versus host disease after bone marrow transplantation and rotavirus diarrhea in children is another factor that is expected to drive market growth during the forecast period. However, the risk of stomach infection is an important factor that is expected to limit the adoption of colostrum products, which is an important factor limiting the growth of the global colostrum market to some extent. Increasing R&D activities of key actors in coordination with government research facilities for the development of a vaccine containing colostrum that aids in the treatment of various cancers and other related diseases is expected to create new opportunities of revenue for players operating in the target market forecast period. Furthermore, the growth of strategic public-private alliances for R&D activities is expected to further support the growth of the target market to a large extent.

Colostrum Market Segmentation:

By product, the colostrum powder segment was valued at $ 691.3 million in 2018. It is expected to dominate the market during the forecast period due to its good shelf life when formulated in the manufacture of various Animal and Human Body Nutritional Products. Additionally, these products have been approved for use under the provisions of the United States Food and Drug Administration (FDA) and the Federal Food, Drug, and Cosmetic Act (FFDCA) in the formulation of nutritional products, including beverages, dairy analogs, nutritional bars, and snacks. Consequently, the high protein content of skim colostrum products is expected to promote its usefulness as a sports supplement among health enthusiasts and gym professionals for maintaining body strength and ensuring muscle gain.

By application, demand for nutritional supplements is expected to hit $ 1.06 billion by 2025. The changing lifestyle and shift toward wellness management among working-class professionals in emerging economies, including China and India, should remain a favorable factor. Also, the increasing importance of ensuring adequate nutrition for infants in developed countries, including the United States, Germany, the United Kingdom, and France, should encourage the consumption of products in the form of nutritional supplements for the care of babies. Animal feed is expected to record a CAGR of 4.2% from 2020 to 2025. Feeding a small amount of colostrum to calves can prevent cases of diarrhea and enteritis. In addition, colostrum can provide critical energy in times of hot and cold. The emergence of China and India as fattening chicken manufacturing centers worldwide is expected due to strong demand from countries in the Middle East to drive the application of animal feed. This should boost the utility of colostrum as a functional ingredient in the near future.

REPORT COVERAGE:

Impact of COVID-19 on Colostrum Market

There isn’t any proof COVID-19 can be transferred from food or food packaging. The 2008 financial crisis showed us what can happen when falling incomes and uncertainty cause people to spend less and demand to decline. Sales have decreased. Production too. At the beginning of the COVID-19 epidemic, there was a significant increase in demand. Food demand is generally inelastic and its effect on overall consumption is likely to be small, although diets may change. There is a possibility of a disproportionate decrease in the consumption of animal protein. These fears are probably may be especially true for raw fish products supplied to restaurants and hotels, including small and medium-sized businesses. Fear of contagion can translate into reduced visits to food markets, and we hope to see a change in the way people buy and consume food: decreased traffic to restaurants, increased food deliveries e-commerce. Following the coronavirus outbreak, countries around the world have begun to implement a series of policy measures aimed at preventing the spread of the disease. However, these measures could affect agricultural production and trade. For example, many countries are implementing stricter controls on cargo ships, with the risk of jeopardizing shipping activities and with a particular risk of perishables, such as fresh fruits and vegetables, fish, and fishery products. Measures that affect the free movement of people, such as seasonal workers, could affect food production, thus affecting world market prices. Measures to ensure acceptable sanitary standards in food factories can slow down production.

Colostrum Market Regional Analysis:

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa.

Demand from the North American colostrum market, led by the United States and Canada and is expected to experience significant growth in the forecast period due to growing health awareness among consumers that has fuelled demand for nutritional supplements in the region. According to the Dietary Supplement Survey conducted by the Council for Responsible Nutrition (CRN), more than 76% of American adults consumed vitamins and minerals in supplement form in 2017. The increase in disposable income along with the trend of the boom of sports and physical growth. Germany imported a large volume of milk and dairy products worth more than USD 7 billion in 2018, which is likely to increase demand for the products. Colostrum is widely used in the animal feed industry because it contains a high level of protein, vitamin D, which is crucial for newborn animals and protects them from environmental pathogens. The increasing emphasis on animal health and care, as well as increased consumption of animal products, will drive regional growth. Colostrum market demand in the Asia Pacific, led by China, India, and Japan, is expected to experience significant growth due to increased demand for infant food products in the region. The Chinese baby food market was valued at more than USD 3 billion in 2017, which will have a positive impact on the growth of the market. A greater focus on adequate infant feeding is expected and the increase in the number of working mothers in countries such as China, India, Japan, South Korea, Thailand and Malaysia stimulates demand for products during the forecast period.

Colostrum Market Key Players

Cure Nutraceutical PVT. LTD

NOW Foods

The Saskatoon Colostrum Company

Sterling Technology

Deep Blue Health New Zealand Ltd.

PanTheryx

Good Health New Zealand

Biostrum Nutritech Pvt. Ltd.