Colostrum Market Size, Share & Trends Report

Colostrum Market Size, Share & Trends Analysis Report By Product (Whole Powder, Skimmed Powder, Specialty), By Application (Nutritional Supplementation, Animal Feed), By Region, And Segment Forecasts, 2019 - 2025

  • Published Date: Jun, 2019
  • Base Year for Estimate: 2018
  • Report ID: GVR-2-68038-919-7
  • Format: Electronic (PDF)
  • Historical Data: 2015 - 2017
  • Number of Pages: 120

Industry Insights

The global colostrum market size was USD 1.40 billion in 2018 and is expected to expand at a CAGR of 3.9% during the forecast period. Rising popularity of these products for boosting muscle strength, lean mass gains, endurance, fat burning, and strengthening the immunity, especially among bodybuilders is projected to remain a favorable factor.

Colostrum also acts as a superfood for infants as it creates a tough coating on stomach and intestine for preventing germ attacks. Over the past few years, food and beverage manufacturers have been increasing their expenditure on the development of products through the utilization of various novel milk constituents including, Human Milk Oligosaccharides (HMO), galactooligosaccharides, and colostrum.

U.S. colostrum Market

Colostrum is the first form of milk containing antibodies produced by mammals immediately after giving birth. It is a rich source of vitamins, carbohydrates, minerals, fats, growth hormones, digestive enzymes, and disease-fighting proteins. Over the past few years, the product has been gaining popularity due to its nutritional benefits. For instance, the product contains lactoferrin, which boosts immune system to fights against infection, bacteria, and viruses. This helps heal inflammation and damaged gut in a human body. The antibodies and protein lactoferrin prevents diarrhea associated with viral infections and bacteria. A recent study has proved that bovine colostrum can prevent diarrhea.

Product Insights

The whole colostrum powder segment was valued at USD 691.3 million in 2018. It is expected to dominate the market over the forecast period on account of good shelf life when they are formulated in the manufacturing of various nutritional products for animal and human body. Furthermore, these products have been approved for use by the provisions of the U.S. Food and Drug Administration (FDA) and Federal Food, Drug, and Cosmetic Act (FFDCA) in the formulation of nutritional goods including beverages, dairy product analogues, nutritional bars, and snacks.

The market for skimmed product forms is expected to exceed a CAGR of 4% from 2019 to 2025, attributed to the product’s composition of increased nutritional ingredients including protein. As a result, High protein content in skimmed colostrum products is projected to promote its utility as sports supplements among health enthusiasts and gym professionals for maintaining body strength and ensuring muscle gains.

Application Insights

The demand from nutritional supplementation is expected to reach USD 1.06 billion by 2025. Changing lifestyle and shifting focus towards wellness management among working class professionals in emerging economies including China and India is projected to remain a favorable factor. Furthermore, rising importance of ensuring proper nutrition among infants in developed countries including U.S., Germany, U.K., and France is expected to prompt the product consumption as baby care nutritional supplement.

Global colostrum Market

Animal feed is projected to witness a CAGR of 4.2% from 2019 to 2025. Feeding a small amount of colostrum to calves can prevent the occurrences of diarrhea and enteritis. Furthermore, colostrum can provide critical energy during heat as well as cold stress. Emergence of China and India as manufacturing hubs of broiler meat on a global level owing to high demand from Middle Eastern countries is expected drive the application of animal feed. This is anticipated to fuel the utility of colostrum as functional ingredient in near future.

Regional Insights

North America generated a revenue of more than USD 500 million for the year, 2018. The region is expected to lead the market in near future owing to the extensive presence of health conscious consumers in the key markets such as U.S. and Canada. Strong brand campaigns to promote proper lifestyle and balanced nutritional intake, especially through social online platforms and electronic media is anticipated to bode well for the regional growth.

Asia Pacific is expected to witness a CAGR of 5.3% from 2019 to 2025. Rising disposable income along with the improvement of living standards among middle-class income groups of China and India in light of favorable policies by the domestic governments to create new investment and job opportunities are expected to drive growth. Furthermore, the high concentration of cattle farming facilities in China, India, and New Zealand is projected to encourage the industry participants to form partnerships to access raw materials for the production of colostrum.

Colostrum Market Share Insights

The key manufacturers include 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; Deep Blue Health New Zealand Ltd.; The Saskatoon Colostrum Company; and Cure Nutraceutical PVT. LTD.

Product innovation among dairy products manufacturers in developing economies is projected to remain critical success factor. In July 2018, Parag Milk Foods Pvt. Ltd, one of the major players in Indian dairy industry, collaborated with ColoPlus AB, a Swedish R&D organization, to launch colostrum nutritional supplements in India. Parag Milk Foods acquired the patent rights for the manufacturing technology and launched GO Colo Power—a colostrum-based health food product.

Report Scope

Attribute

Details

Base year for estimation

2018

Actual estimates/Historical data

2015 - 2017

Forecast period

2019 - 2025

Market representation

Revenue in USD Million and CAGR from 2019 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, Middle East & Africa

Country scope

U.S., Germany, U.K., China, India, Japan, Brazil, South Africa

Report coverage

Revenue forecast, company share, competitive landscape, and growth factors and trends

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Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global colostrum market based on product, application, and region:

  • Product outlook (Revenue, USD Million, 2015 - 2025)

    • Whole Powder

    • Skimmed Powder

    • Specialty

  • Application Outlook (Revenue, USD Million, 2015 - 2025)

    • Nutritional Supplementation

    • Animal Feed

    • Others

  • Region Outlook (Revenue, USD Million, 2015 - 2025)

    • North America

      • U.S.

    • Europe

      • Germany

      • U.K.

    • Asia Pacific

      • China

      • India

      • Japan

    • Central & South America

      • Brazil

    • Middle East & Africa

      • South Africa

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