Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global Colostrum Market Size Expected to Grow from USD 3.33 Billion in 2023 to USD 6.87 Billion by 2033, at a CAGR of 7.5% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Colostrum Market Size, Share, and COVID-19 Impact Analysis, By Nature (Organic and Conventional), By Source (Cow, Buffalo, and Goat), By Form (Capsules and Chewable Tablets), By Distribution Channel (B2B and B2C), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
The colostrum market is a fast-growing industry offering various biologically active proteins and other factors that are considered one of nature's superfoods due to the presence of IgG antibodies. The demand for colostrum is on the rise because of several key factors that align with growing consumer interest in natural health solutions and preventive wellness. The primary reason behind this demand is the growing awareness of the immune-boosting properties of colostrum. A significant factor in the increase in the consumption of colostrum is the rising trend toward preventive health and holistic wellness. Consumers are becoming proactive about their health, and this is driving them to natural supplements that can ensure long-term health benefits. This makes colostrum specifically appealing to the athlete and a fitness enthusiast for its rich content of protein as well as the growth factors in enhancing muscle recovery, supporting endurance, and other athletic performance enhancements.
The conventional segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.
On the basis of nature, the global colostrum market is classified into organic and conventional. Among these, the conventional segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. The growth is driven because conventional colostrum is acquired from conventionally farmed cows, which may be treated with synthetic pesticides, hormones, and antibiotics in the farming process. Conventional colostrum-based products are for those consumers who are willing to spend less money and do not care about organic or sustainable farming practices.
The cow segment held a largest share in 2023 and is expected to grow at a substantial CAGR over the forecast period.
On the basis of source, the global colostrum market is classified into cow, buffalo, and goat. Among these, the cow segment held a largest share in 2023 and is expected to grow at a substantial CAGR over the forecast period. The growth of the segment is driven by many key benefits, including rich nutritional profiles, bioavailability, absorption, immune-boosting effects, and being gentle on the digestive system. Cow colostrum contains essential nutrients, growth factors, antibodies, and immune-boosting compounds, and it is, therefore, an all-rounded source of health-promoting substances.
The chewable tablets segment held the significant share in 2023 and is expected to grow at a fastest CAGR over the forecast period.
On the basis of form, the global colostrum market is classified into capsules and chewable tablets. Among these, the chewable tablets segment held the significant share in 2023 and is expected to grow at a fastest CAGR over the forecast period. The rise in the segment is due to the fact that chewable tablets present a pleasant and easy way to take colostrum. This will enhance the supplement's palatability as a whole. Sweetness, variety of flavors, as well as the lack of an undesirable aftertaste, will determine demand amongst consumers keen on experiencing pleasant supplementation.
The B2C segment accounted for the largest market share in 2023 and is expected to grow at the remarkable CAGR over the forecast period.
On the basis of distribution channel, the global colostrum market is classified into B2B and B2C. Among these, the B2C segment accounted for the largest market share in 2023 and is expected to grow at the remarkable CAGR over the forecast period. The B2C segment includes hypermarkets & supermarkets, convenience stores, pharmacies & drugstores, and online stores. The greater visibility and accessibility for a large distribution of consumers to colostrum forms in hypermarkets and supermarkets ensure higher sales.
North America is anticipated to hold the largest share of the global colostrum market during the forecast period.
North America is anticipated to hold the largest share of the global colostrum market during the forecast period. Regional growth is attributed to the presence of a strong dairy industry and increasing consumption trends. Countries such as the U.S. and Canada have well-structured dairy farming systems with an emphasis on quality and innovation. Several leading manufacturers of colostrum products are based in the region. In addition, growing health awareness and high promotion of the benefits of colostrum have made North American consumers more receptive to colostrum-based products.
Asia Pacific is expected to grow at the fastest CAGR in the global colostrum market during the forecast period. Countries such as China, India, and Japan have exhibited robust double-digit growth and are likely to continue with this high potential. Growth in disposable income is likely to sustain and bolster consumer confidence, thereby fueling economic activity in the overall sectors.
Company Profiling
Major vendors in the global colostrum market are Colostrum BioTec GmbH, Zuche Pharmaceuticals, NOW Foods, Agati Healthcare, Vivesa holding s.r.o., Cure Nutraceutical Pvt. Ltd., INGREDIA s.r.o., Glanbia PLC, Biotaris, Deep Blue Health NZ, and Others.
Key Target Audience
Recent Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global colostrum market based on the below-mentioned segments:
Global Colostrum Market, By Nature
Global Colostrum Market, By Source
Global Colostrum Market, By Form
Global Colostrum Market, By Distribution Channel
Global Colostrum Market, Regional
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