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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
By Application:
Nutritional Supplementation
Animal Feed

By Region:
North America
Asia Pacific
South Korea
Latin America
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 Increasing adoption of healthy diet Growing number of new born
3.1.2. Market Challenges Lack of awareness for colostrum
3.1.3. Market Opportunities 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 Product breakdown estimates & forecasts, 2019-2029 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 Key Information Overview Financial (Subject to Data Availability) Product Summary 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

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Data Collection:
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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.
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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.
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