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Pulished Date September, 2021
ID: 12165
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North America Colostrum Market by Product (Specialty, Skimmed Powder, Whole Powder), By Application (Animal Feed, Nutritional Supplementation), and Region (United States, and Canada)– Industry Size, Share, Growth, Trends and Demand Analysis Report 2021-2026

Pulished: September, 2021
ID: 12165
Pages: 150

North America Colostrum Market Growth Volume Insights 2021-2026:

North America Colostrum Market was worth USD XX million in 2020, so it is estimated to reach USD XX million by 2026, increasing at a CAGR of XX%. Leukocytes, lactoferrin, lysozymes, cytokines, and immunoglobulins are physiologically and immunologically active components present in colostrum. In addition, most consumers became more aware of the importance of nutritional supplements in boosting immunity and maintaining overall health. As a result, the colostrum market will witness a rise in demand.

Recent Developments 

  1. Dr's Grow Up, a natural food supplement comprising colostrum accessible in the United States and South Korea starting in 2020, will be launched by the American brand Bone Science, a brand of American company Redmars America Co, Ltd.
  2. PanTheryx has announced that it has acquired two large companies, making it the world's biggest producer of nutrient-rich colostrum.
  3. Pharmanex Inc. (research and production of natural health supplements) was acquired by health goods distributor Nu Skin Enterprises Inc. for 4.1 million Nu Skin Class A shares and a 30mm liability.

Market Growth

Drivers

Infants and animals will have better immunity and overall health as a result of nutritious supplements like colostrum. The number of people participating in sports and exercising is predicted to rise in tandem with their disposable income, which will boost the overall growth of this market. Colostrum-based snacks, drinks, and nutrition bars are being introduced by the food and beverage sector. As a result, the market continues to grow. Colostrum's appeal keeps growing because of its widespread use in nutraceuticals as a vital source of nutrients that support immune system growth, soothe inflammation, and speed up metabolism all at once. Preventing diarrhea from bacterial and viral infections can also be accomplished with this supplement. Supplementing with colostrum has several purposes, one of which is to aid in the production of antibodies. Antibodies can fight Disease-causing intruders in the body. HGH is a hormone that controls how quickly the human body develops. The body's ability to grow is determined by the amount of HGH produced within it. HGH levels can be raised by taking colostrum-containing supplements. Adding colostrum to probiotic yogurt and infant formulae might be a rich business opportunity for those involved in the colostrum sector. Probiotic yogurts benefit from the addition of colostrum since it improves the sensory properties, including appearance, flavor, color, and texture. All of these players will contribute to the market's expansion over the forecast period. 

Restraints

It is projected that the risk of developing gastrointestinal infection will restrict the use of colostrum supplements, hence restraining the expansion of the colostrum market. The alternatives to colostrum include protein powders, avocado powders, and almond powder. Options to colostrum are less expensive and more widely available, creating severe difficulties to the market's expansion.

MARKET REPORT COVERAGE:

REPORT STATISTICS

INSIGHTS

Market Size Available

2020 – 2026

Base Year

2020

Forecast Period

2021 - 2026

CAGR

xx%

Segments Covered

By Product, and By Application

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities, Company Profiles, Primary and Secondary Analysis, Company's Revenue Analysis, and etc.

Counties Covered

The United States, and Canada 

Market Segmentation

The North American Colostrum Market is segmented based on Product and Application. 

By Product

  • Specialty
  • Skimmed Powder
  • Whole Powder

The market can be categorized further into Specialty, Skimmed Powder, and Whole Powder.

The whole colostrum powder is predicted to gain market share over the next few years. It is due to its long shelf life in the production of various animal and human nutritional commodities. They have been authorized for use in the composition of health and nutrition items like beverages, dairy product analogs, nutrition bars, and snacks by FDA and FFDCA regulations. There will be a rise in the demand for skimmed products because of the higher content of nutrients like protein in these products. Protein-rich skimmed colostrum products are expected to gain popularity as functional ingredients among fitness buffs and gym experts to keep their bodies strong while also assuring that they grow muscle size and power.

By Application

  • Animal Feed
  • Nutritional Supplementation

The market may be divided into Animal Feed and Nutritional Supplementation.

The highest revenues are likely to be accounted for by the segment for nutritional supplements. The use of dietary supplements is expected to increase as working-class customers' lifestyles improve, and they emphasize health and fitness maintenance. For example, colostrum is popular among athletes because of its potential to help in weight loss, muscle building, and improved performance. In addition, taking colostrum supplements might help athletes with recurrent upper respiratory tract infections.

Regional Analysis

  • U.S
  • Canada
  • Rest of North America

North America will play the dominant role in the market in the coming years, considering many health-conscious customers in critical regions, including the United States and Canada. Robust brand initiatives, specifically via social media platforms and digital media, are expected to help the geographical expansion encourage healthy lifestyles and balanced nutrition. In addition, the business players are working together to boost income and broaden their product offerings. However, colostrum from humans and other animals is also used; the industry has been dominated by the increased demand for cow colostrum as a natural resource for processed colostrum commodities. Companies increasingly partner with local suppliers to purchase raw materials to boost social and economic growth while also heavily relying on large-scale dairy farms that produce high yields per animal.

Impact of COVID-19 on North America Colostrum Market

During the pandemic, the market for colostrum got impacted adversely. However, beginning in the middle of 2021, a sustainable pace of growth is anticipated. In most countries, governments enforced strict shutdowns to prevent the virus from spreading, which has made it difficult for businesses to operate. Due to the industry's shutdown, accessibility of resources, ingredients, production chain, and transportation have been impacted, resulting in less demand for colostrum.

Key Players

Major Players in the North America Colostrum Market are 

  • NOW Foods
  • The Saskatoon Colostrum Company
  • Cure Nutraceutical PVT. LTD
  • Sterling Technology
  • Deep Blue Health New Zealand Ltd.
  • PanTheryx
  • Good Health New Zealand
  • Biostrum Nutritech Pvt. Ltd.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Colostrum Market, By Product                           

                                6.1.1 Specialty  

                                6.1.2 Skimmed Powder

                                6.1.3 Whole Powder      

                                6.1.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.5 Y-o-Y Growth Rate Analysis             

                                6.1.6 Market Attractiveness Index          

                6.2 Colostrum Market, By Application                    

                                6.2.1 Animal Feed           

                                6.2.2 Nutritional Supplementation          

                                6.2.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.4 Y-o-Y Growth Rate Analysis             

                                6.2.5 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Product              

                                7.2.3 By Application        

8. Key Player Analysis                                    

                8.1 NOW Foods                

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 The Saskatoon Colostrum Company                

                8.3 Sterling Technology                

                8.4 Cure Nutraceutical PVT. LTD                

                8.5 Deep Blue Health New Zealand Ltd                  

                8.6 PanTheryx                  

                8.7 Good Health New Zealand                   

                8.8 Biostrum Nutritech Pvt. Ltd                 

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and also identify the regions that are still untapped
  • The segment-level analysis in terms of Application and region along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economic and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. North America Colostrum Market By Product, From 2021-2026 ( USD Billion )
  2. North America Specialty Market By Region, From 2021-2026 ( USD Billion )
  3. North America Skimmed Powder Market By Region, From 2021-2026 ( USD Billion )
  4. North America Whole Powder Market By Region, From 2021-2026 ( USD Billion )
  5. North America Colostrum Market By Application, From 2021-2026 ( USD Billion )
  6. North America Animal Feed Market By Region, From 2021-2026 ( USD Billion )
  7. North America Nutritional Supplementation Market By Region, From 2021-2026 ( USD Billion )
  8. United States Colostrum Market By Product, From 2021-2026 ( USD Billion )
  9. United States Colostrum Market By Application, From 2021-2026 ( USD Billion )
  10. Canada Colostrum Market By Product, From 2021-2026 ( USD Billion )
  11. Canada Colostrum Market By Application, From 2021-2026 ( USD Billion )

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