Wednesday, 21 August 2024

Colostrum Market Is Expected To Accomplish A Valuation Of Around $5.43 Billion By 2030: Grand View Research Inc.

 Colostrum Market Growth & Trends

The global colostrum market size is expected to reach USD 5.43 billion by 2030, registering a CAGR of 7.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is primarily driven by a rising awareness of the health benefits of colostrum and an increasing demand for natural supplements. Colostrum, the first milk produced by mammals after giving birth, is rich in antibodies, growth factors, and nutrients essential for the newborn’s health. It contains high levels of immunoglobulins, which boost the immune system, making it a popular choice among consumers seeking natural ways to support their immune health. Moreover, colostrum is gaining traction in the sports nutrition and dietary supplements industries due to its potential to enhance athletic performance and aid in muscle recovery. Athletes and fitness enthusiasts are turning to colostrum supplements to improve their strength, stamina, and overall physical well-being.

In addition, colostrum’s anti-inflammatory properties make it an attractive option for individuals seeking relief from various inflammatory conditions, such as arthritis and digestive disorders. Furthermore, advancements in colostrum processing technologies have expanded its applications and improved its shelf life, driving market growth. Manufacturers are investing in R&D to create innovative colostrum-based products, such as powders, capsules, and functional foods, to cater to diverse consumer preferences. The rise of e-commerce platforms has also facilitated easy access to colostrum supplements, further fueling market expansion by reaching a broader consumer base globally. In August 2022, The Roots Brands unveiled a novel supplement called Give Me Back My Youth (GMBMY), blending hydrolyzed bovine collagen with whole colostrum powder. This innovative formulation was designed to elevate youthfulness, offering consumers a potent combination of rejuvenating ingredients.

Request a free sample copy or view report summary: Colostrum Market Report

Colostrum Market Report Highlights

  • The conventional segment accounted for a share of 79.73% of the global revenues in 2023. Conventional colostrum, the nutrient-rich fluid produced by mammals in the first few days after giving birth, is rich in antibodies, growth factors, vitamins, and minerals. These components support immune function, promote gut health, and aid in overall well-being. As people become more health-conscious and seek natural alternatives to supplements, colostrum has gained attention as a potential dietary supplement
  • The buffalo source segment is anticipated to grow at a CAGR of 6.1% from 2024 to 2030. Buffalo colostrum is a rich source of essential nutrients, vitamins, and minerals, contributing to overall nutrition and vitality. The segment will continue its growth due to consumers’ acceptance of buffalo colostrum-based products tailored to diverse health and wellness objectives
  • The chewable tablets segment accounted for a share of 10.51% in 2023. Chewable tablets offer a pleasant and convenient way to consume colostrum, enhancing the overall palatability of the supplement. Factors, such as flavor variety, sweetness, and the absence of an undesirable aftertaste, contribute to their demand
  • The B2B channel segment is projected to grow at a CAGR of 6.3% from 2024 to 2030. Colostrum’s versatile bioactive properties drive its demand in B2B end use applications. This demand is met by leading colostrum suppliers and manufacturers who provide high-quality colostrum-based ingredients, formulations, and products to businesses across various industries, fueling innovation and growth in the global market
  • North America is expected to grow at the second-fastest CAGR of 7.4% from 2024 to 2030. The rising number of dairy farms in the region contributes to the increased availability of colostrum, driving market growth. An increased demand has been witnessed for colostrum-based products, such as dietary supplements and functional foods

Access Press Release@ https://www.grandviewresearch.com/press-release/global-colostrum-market

Colostrum Market Segmentation

Grand View Research has segmented the global colostrum market based on nature, source, form, distribution channel, and region:

Colostrum Nature Outlook (Revenue, USD Million, 2018 - 2030)

  • Organic
  • Conventional

Colostrum Source Outlook (Revenue, USD Million, 2018 - 2030)

  • Cow
  • Buffalo
  • Goat

Colostrum Form Outlook (Revenue, USD Million, 2018 - 2030)

  • Powder
    • Whole Colostrum Powder
    • Skim Colostrum Powder
    • Specialty Colostrum Powder
  • Capsules
  • Chewable Tablets
  • Liquid
  • Stick

Colostrum Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • B2B
    • Functional Foods & Dietary Supplements
    • Animal Nutrition
    • Cosmetics
    • Infant Formula
    • Pharmaceuticals
  • B2C
    • Hypermarkets & Supermarkets
    • Convenience Stores
    • Online
    • Pharmacy & Drug Stores
    • Others

Colostrum Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Spain
    • Italy
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia & New Zealand
  • Central and South America
    • Brazil
  • Middle East & Africa
    • South Africa

List of Key Players in Colostrum Market

  • 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

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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