Colostrum Market Earnings Margins, Value Of Production & Consumption Demand Figures 2024 to 2034
According to the latest analysis, the global colostrum market is expected to be valued at US$ 3,179.5 million in 2024 and is set to reach US$ 6,923.5 million by 2034. Over the next decade, global colostrum demand will likely increase at a healthy CAGR of 8.1%.
Colostrum chewable tablets are expected to remain highly
sought-after colostrum supplements. This is due to their multiple advantages,
including convenience and palatability. The target segment will likely total a
market valuation of US$ 1,126.3 million in 2034.
Several factors are expected to propel demand for colostrum
products during the assessment period. These include:
- Increasing
awareness among consumers about the potential health benefits of
colostrum, including its high nutritional value and immune-boosting
properties
- Growing
interest in natural products
- Expanding
the application of colostrum in nutraceuticals, infant formulas, and
dietary supplements
- Escalating
demand for functional foods
Colostrum is rich in immunoglobulins and has other
immune-boosting properties. This is expected to drive its demand throughout the
assessment period.
With consumers becoming more health-conscious and seeking
ways to enhance their immune systems, there is a growing demand for
colostrum-based products. This is a key factor expected to boost the growth of
the colostrum industry.
Colostrum is widely used as an ingredient in several dietary
supplements, nutraceuticals, and functional foods. Thus, increasing demand and
consumption of these products will likely bolster sales of colostrum during the
assessment period.
Colostrum is also gaining immense traction in the infant
formula industry. It is becoming a valuable ingredient in infant formula owing
to its nutritional benefits. This is another driver for the global colostrum
industry.
Top manufacturers are diversifying their product offerings
by developing a range of colostrum-based products, such as powders,
supplements, capsules, and skincare products. This allows them to cater to
different consumer preferences and needs.
The booming e-commerce is making it easy for colostrum
manufacturers to expand their customer base. With online marketplaces,
manufacturers are expanding their reach into new markets and tapping into the
global market. This will create lucrative growth opportunities for colostrum
manufacturers.
Information Sources:
https://www.futuremarketinsights.com/reports/colostrum-market
Key Takeaways from the Colostrum Report:
- The
global market for colostrum is expected to reach a
valuation of US$ 6,923.5 million by 2034.
- Global
demand for colostrum will likely rise at 1% CAGR through 2034.
- Based
on product type, the chewable tablets segment is projected to account for
a revenue share of 7% in 2024.
- By
end-use, the online retailing segment is set to grow at a CAGR of 5% through
2034.
- North
America is set to account for a prominent global market share of 6% by
2034.
- Japan’s
market is poised to exhibit a value CAGR of 6% from 2024
to 2034.
“The colostrum market continues to thrive, driven by
rising consumer interest in natural immune support and sports nutrition.
Manufacturers are innovating with diverse product offerings, addressing
sustainability concerns, and leveraging online platforms for direct sales.
Scientific research and collaborations contribute to the market’s credibility,
aligning with clean labels and personalized nutrition trends,” says
a lead analyst at Future Market Insights (FMI).
Who is Winning?
Colostrum BioTec GmbH, Biostrum Nutritech Pvt. Ltd., Zuche
Pharmaceuticals, Agati Healthcare Pvt. Good Health New Zealand, Biodane Pharma
A/S, Ingredia Nutritional (Ingredia S.A.), Ltd., McePharma, Cure Nutraceuticals
Pvt. Ltd., Australian by Nature, La Belle Inc., NIG Nutritionals Limited,
Biotaris B.V., Sterling Technology, and Pantheryx Inc. are key colostrum
manufacturers listed in the report.
Top players are constantly upgrading their portfolios by
launching new colostrum products. They also use strategies like advertisements,
collaborations, partnerships, mergers, acquisitions, agreements, and facility
expansions to stay ahead of the competition.
For instance,
- In
2021, Cogent Breeding unveiled a new Primestart colostrum
product, which is a replacer for the new-born calf.
- In
2022, PanTheryx introduced a supplement formulated for the
healthcare practitioner channel, which provides extra immune support and
digestive health supplements.
Get More Valuable Insights
Future Market Insights (FMI), in its new offering, provides
an unbiased analysis of the global colostrum market, presenting historical
demand data (2019 to 2023) and forecast statistics for the period from 2024 to
2034.
The study offers compelling insights into the colostrum
industry based on nature (organic and conventional), product type (whole and
colostrum finished products), end-use (B2B and B2C), and animal type (cow and
buffalo) across several regions.
Colostrum Industry by Category
By Nature:
- Organic
- Conventional
By Product Type:
- Whole
- Whole
Colostrum Powder
- Skim
Colostrum Powder
- Specialty
Colostrum Powder
- Colostrum
Finished Products
- Capsules
- Chewable
Tablets
- Individual
Sachets
- Specialty
Formulated Products
By End-use:
- B2B
- Dietary
Supplements
- Sports
Nutrition
- Functional
Foods
- Animal
Nutrition
- Cosmetics
- Infant
Formula
- Pharmaceuticals
- B2C
- Store-based
Retail
- Online
Retailing
By Animal Type:
- Cow
- Buffalo
By Region:
- North
America
- Latin
America
- Europe
- East
Asia
- South
Asia
- Oceania
- Middle
East & Africa
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