Edit Content
Bizwit-Logo-Final

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Colostrum Market to reach USD 2.15 billion by the end of 2029.

Global Colostrum Market Size study & Forecast, by Product (Whole Powder, Skimmed Powder, Specialty) by Application (Nutritional Supplementation, Animal Feed, Others) and Regional Analysis, 2022-2029

Product Code: OIRFB-90527034
Publish Date: 17-04-2023
Page: 200

Global Colostrum Market is valued approximately USD 1.57 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.0% over the forecast period 2022-2029. The increased demand for colostrum, particularly among bodybuilders, is anticipated to continue to be a positive factor since it increases muscle strength, lean mass growth, endurance, fat-burning, and immunity. For newborns, colostrum serves as a superfood because it coats the stomach and intestines with a protective layer that makes them resistant to infection. Food and beverage producers have been expanding their investment in the creation of new goods by utilizing numerous unique milk ingredients, such as colostrum, and human milk oligosaccharides (HMO).

Furthermore, these ingredients have received approval under the terms of the Federal Food, Drug, and Cosmetic Act (FFDCA) and the U.S. Food and Drug Administration (FDA) for use in the preparation of nutritious goods such as drinks, dairy product analogues, nutritional bars, and snacks. Along with this, according to Statista, idn 2018-2019, India recorded RTE exports of USD 766 million, which rose to USD 825 million in 2019-20 and USD 1043 million in 2020-21. Meanwhile, the RTC food products recorded an export of USD 473 million in 2018-19, USD 368 million in 2019-20 and USD 560 million in 2020-21.
However, lack of awareness for colostrum stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Colostrum Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2021, North America produced the biggest revenue share. Due to the substantial presence of customers who value their health in important markets like the U.S. and Canada, the region is anticipated to dominate the market in the near future. Strong brand initiatives, especially through social online platforms and electronic media, to encourage healthy lifestyles and balanced nutritional consumption are projected to be beneficial for regional growth.

From 2021 to 2029, Asia Pacific is anticipated to experience the fastest CAGR. Growth is anticipated to be fueled by rising disposable income, an increase in living standards among middle-class income groups in China and India, and favourable domestic government policies that encourage new investment and employment possibilities.

Major market player included in this report are:
NOW Foods;
Sterling Technology;
PanTheryx, Inc.;
Biostrum Nutritech Pvt. Ltd.;
Colostrum BioTec GmbH;
Biotaris B. V.;
Immuno-Dynamics, Inc.;
Ingredia Nutritional;
Cuprem Inc.;
Good Health New Zealand

Recent Developments in the Market:
Ø The debut of colostrum nutritional supplements in India was made possible in July 2018 due to a partnership between ColoPlus AB, a Swedish R&D firm, and Parag Milk Foods Pvt. Ltd., one of the key players in the Indian dairy business. The manufacturing process was patented by Parag Milk Foods, which also introduced the GO Colo Power colostrum-based health food.
Global Colostrum Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Whole Powder
Skimmed Powder
Specialty
By Application:
Nutritional Supplementation
Animal Feed
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Colostrum Market, by Region, 2019-2029 (USD Billion)
1.2.2. Colostrum Market, by Product, 2019-2029 (USD Billion)
1.2.3. Colostrum Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Colostrum Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Colostrum Market Dynamics
3.1. Colostrum Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing adoption of healthy diet
3.1.1.2. Growing number of new born
3.1.2. Market Challenges
3.1.2.1. Lack of awareness for colostrum
3.1.3. Market Opportunities
3.1.3.1. Rising number of approvals for colostrum
Chapter 4. Global Colostrum Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Colostrum Market, by Product
6.1. Market Snapshot
6.2. Global Colostrum Market by Product, Performance – Potential Analysis
6.3. Global Colostrum Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
6.4. Colostrum Market, Sub Segment Analysis
6.4.1. Whole Powder
6.4.2. Skimmed Powder
6.4.3. Specialty
Chapter 7. Global Colostrum Market, by Application
7.1. Market Snapshot
7.2. Global Colostrum Market by Application, Performance – Potential Analysis
7.3. Global Colostrum Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Colostrum Market, Sub Segment Analysis
7.4.1. Nutritional Supplementation
7.4.2. Animal Feed
7.4.3. Others
Chapter 8. Global Colostrum Market, Regional Analysis
8.1. Colostrum Market, Regional Market Snapshot
8.2. North America Colostrum Market
8.2.1. U.S. Colostrum Market
8.2.1.1. Product breakdown estimates & forecasts, 2019-2029
8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Colostrum Market
8.3. Europe Colostrum Market Snapshot
8.3.1. U.K. Colostrum Market
8.3.2. Germany Colostrum Market
8.3.3. France Colostrum Market
8.3.4. Spain Colostrum Market
8.3.5. Italy Colostrum Market
8.3.6. Rest of Europe Colostrum Market
8.4. Asia-Pacific Colostrum Market Snapshot
8.4.1. China Colostrum Market
8.4.2. India Colostrum Market
8.4.3. Japan Colostrum Market
8.4.4. Australia Colostrum Market
8.4.5. South Korea Colostrum Market
8.4.6. Rest of Asia Pacific Colostrum Market
8.5. Latin America Colostrum Market Snapshot
8.5.1. Brazil Colostrum Market
8.5.2. Mexico Colostrum Market
8.6. Rest of The World Colostrum Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. NOW Foods
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Sterling Technology;
9.2.3. PanTheryx, Inc.;
9.2.4. Biostrum Nutritech Pvt. Ltd.;
9.2.5. Colostrum BioTec GmbH;
9.2.6. Biotaris B. V.;
9.2.7. Immuno-Dynamics, Inc.;
9.2.8. Ingredia Nutritional;
9.2.9. Cuprem Inc.;
9.2.10. Good Health New Zealand
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com

Checkout

Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now