The global colostrum market is anticipated to increase at a CAGR of 3.6% during the anticipated period, according to data from Future Market Insights. By 2032, it is anticipated that the global colostrum market would be worth US$ 2402 million.
Colostrum aids in the development and growth of infants and newborn animals. Bovine colostrum supplements have been found in studies to raise immunity, fight illnesses, and improve gastrointestinal health in adults. It is a substance produced by all mammals during the birthing process. Colostrum is a combination of growth and immune components, as well as important nutrients, all of which are designed to promote a newborn’s immune system, growth, and digestive health, so insuring their general health and vigour.
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Colostrum is beneficial to the human body in two respects. First, the immune system is bolstered because of the presence of several immune factors and natural antibiotics. Second, its numerous growth factors provide the organism with a broad-spectrum boost, promoting optimal health and healing. Immunoglobulin, growth factors, and antibodies all play a part in passive immunity, which is the prevention of infection.
Leading manufacturers of colostrum are focusing on establishing strong distribution channel as they identify the regionsshowcasing high demand for colostrum. They also are establishing their presence on online retail channels such as Walmart, Amazon, and many more to gain maximum traction of the consumers.
Colostrum in pharmaceuticals works like magic when it comes to growth and immunity.Various pharmaceutical manufacturers are offering colostrum as supplements in the form of tablets.The powder form of colostrum also is highly accepted by the consumers. Gym enthusiasts are looking for natural proteins with high nutritional contents are settling down with colostrum. Continuous research and development undertaken by manufacturers are helping the colostrum market to gain high traction.
For instance- in 2019 a clinical trial conducted by BiodanePharma A/S on Bovine colostrum against gastrointestinal toxicity caused by chemotherapy in children with acute lymphoblastic leukemia When compared to patients in the placebo community, pediatric patients with acute lymphoblastic leukemia who received bovine colostrum had significantly lower peak scores for oral mucositis.
Rising Demand for Probiotics and Colostrum to Aid Growth
Probiotic products are becoming increasingly common in the fast-growing health sector. Consumption of probiotics such as lactobacillus acidophilus has increased significantly, as it promotes the growth of beneficial bacteria in the gut. By maintaining a stable intestinal climate and balance, probiotics help to prevent diseases like ulcerative colitis and colon cancer.
Probiotics in colostrum are gaining popularity as a way to help children with gastrointestinal issues. The favorable market view is expected to support manufacturers selling probiotics and colostrum products in the near future.
Prevalent patterns include an emphasis on fitness and the consumption of a balanced diet. These patterns have an effect on consumers’ habits as well as their buying decisions, making it important for manufacturers to keep up with evolving customer preferences. As a result, an increasing number of food industry players are avoiding the use of synthetic or artificial additives in their products.
Furthermore, technological advancement is helping consumers have easy access to knowledge. Before buying food, they often read the ingredient labels. As a result of this widespread trend, a growing number of manufacturers are using colostrum in their product lines. They expect to achieve a competitive edge in the market by adopting these tactics. According to FMI, these factors will support sales of colostrum finished products, which is projected to account for nearly 60% of the market through the forecast period.
Key Takeaways from Colostrum Market Study
- Increasing focus on immunity and health and wellness will enable the colostrum market exhibit 5.5% y-o-y growth in 2021
- The focus on maintaining a healthy lifestyle has been increasing in the U.S., enabling the country account for above 60% of colostrum sales in North America in 2021
- Increasing consumption dietary supplements in the U.K., will enable the colostrum market exhibit above 5% y-o-y growth in 2021
- The demand from Germany and France is forecast to surge considerably in response to the increasing demand for natural ingredients in food products
- According to FMI, China will hold more than 60.8% of the share in East Asia in the year 2021. It is estimated to increase in the coming years, which is indicative of the notable scope for the expansion of companies operating in the market
“With the rising demand forcolostrum, several manufacturers are responding with fresh, high-quality innovations that satisfy customers. The key players in the colostrum market are spending increasingly on research and development, which has resulted in the launch of various new products. In recent years, the industry has seen a slew of new product releases, many of which have boosted sales”- said a lead analyst at FMI
Benefits of Colostrum-based Functional Food
Functional foods are enriched(fortified) with essential nutrients; as consumer concerns about food and health have increased, functional foods have become more common. Functional food products have a metabolic benefit over dietary supplements in that they are delivered to the consumer in a natural form rather than as a tablet or syrup.
Furthermore, rather than being used as medication, functional food items may be eaten as part of a balanced diet. Colostrum-based functional foods promote the growth of beneficial bacteria in the human body, and colostrum applications in functional foods, particularly beverages, are on the rise. Nutrition factors, proteins, carbohydrates, lipids, and other nutrients are all contained in colostrum-based functional foods.
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Target Lactose Intolerant Consumers by Offering Yoghurt-based Colostrum Products
Usage of yoghurt in colostrum products is increasing due to the presence of beneficial bacteria such as a bifid bacterium, which ensures longer shelf life of colostrum products. It encourages the growth of good bacteria in the human body while eliminating bad bacteria. Combining yoghurt with colostrum products improves lactose digestion and helps to eliminate symptoms of lactose intolerance. Thus, manufacturers are gaining profits by increasing offerings of yoghurt-based colostrum products for lactose intolerance consumers to increase the sales of colostrum products globally.
Colostrum has numerous applications in the food & beverages industry such as functional beverages, Infant food, sports nutrition,animal nutrition and dietary supplements due to their nutritional and functional characteristics. They are additionally utilized as ingredients in cosmetic and pharmaceuticals.
Animal Feed- a Lucrative Sector
Colostrum in animal feed produces immunoglobulin that provides passive immunity to animals in the early months of their lives. Demand for colostrum-based animal products is increasing due to the nutritional properties that provide essential nutrients to calves and lambs. Hence, demand for bovine colostrum is expected to increase for application in animal feeds in the near future. Manufacturers are gaining profits from this scenario by offering animal-specific colostrum products.
Who is winning?
Some of the key players operating in the Colostrum market are, Colostrum BioTec GmbH, Zuche Pharmaceuticals, BiodanePharma A/S, Agati Healthcare Pvt. Ltd., McePharma, Cure Nutraceuticals Pvt. Ltd., Ingredia Nutritional (Ingredia S.A.), Sterling Technology, Biotaris B.V., NIG Nutritionals Limited, La Belle Inc. and other players.
Get Valuable Insights into Colostrum Market
Future Market Insights, in its new report, presents an unbiased analysis of the colostrum, covering historical demand data and forecast figures for the period between 2021 and 2031. The study divulges compelling insights into the growth witnessed in the market. Based on the Colostrum Market based on nature, has been classified into organic and conventional. Based on product type, the Colostrum market is segmented into whole (Whole Colostrum Powder, Skim Colostrum Powder, Specialty Colostrum Powder) and colostrum finished products (Capsules, Chewable Tablets, Individuals Sachets, Specially Formulated Products). In terms of end-use has been classified as B2B (Dietary Supplements, Sports Nutrition, Functional Foods, Animal Nutrition, Cosmetics, Infant Formula, Pharmaceuticals). Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa.
The report covers an exhaustive analysis on:
- Which is the most lucrative market for Colostrum?
- Which typeof Colostrum in terms of nature is used widely?
- Who are the leading end users of Colostrum?
- Which are some of the leading companies operating in the Colostrum Market?
- Which are the key success factors supporting the growth of the Colostrum market?
About FMI
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.
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