08-Mar-2019 | Zion Market Research
Zion Market Research has published a new report titled “Colostrum Market by Product Type (Whole Colostrum Powder, Specialty Colostrum Powder, and Skim Colostrum Powder), by Form (Conventional Form and Organic Form), and by Application (Medical Nutrition Food, Nutritional Supplements, Functional Food, Infant Food, Cosmetics, and Animal Feed): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global colostrum market was valued at approximately USD 1,585 million in 2018 and is expected to generate revenue of around USD 1,966 million by 2025, at a CAGR of around 3.1% between 2019 and 2025.
Rising health awareness among consumers is expected to drive the global colostrum market growth over the forecast time period. The increasing demand for various colostrum-based products, such as probiotic yogurts, infant formulas, etc. is expected to further drive the colostrum market globally in the upcoming years. Colostrum contains protective white cells that aid in eliminating viruses and bacteria, which cause harmful diseases. These properties of colostrum have increased its demand among various end-users. There are numerous untapped areas in the underdeveloped and developing countries, owing to the lack of awareness about the product which could provide potential growth opportunities for the colostrum market in the future.
Browse the full “Colostrum Market by Product Type (Whole Colostrum Powder, Specialty Colostrum Powder, and Skim Colostrum Powder), by Form (Conventional Form and Organic Form), and by Application (Medical Nutrition Food, Nutritional Supplements, Functional Food, Infant Food, Cosmetics, and Animal Feed): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/colostrum-market
Based on product type, the global colostrum market is segmented into specialty colostrum powder, whole colostrum powder, and skim colostrum powder. The whole colostrum powder segment contributed the largest revenue share in 2018, due to the increasing demand for whole colostrum powder in the production of nutritional supplements. Whole colostrum powder is produced by the separation process of water from pasteurized whole milk. It is the most appropriate colostrum powder obtained in a dry form that helps to achieve an increased shelf life to the whole colostrum powder products.
On the basis of form, the market is bifurcated into conventional form and organic form. The conventional form segment held the largest market share in 2018, owing to the increasing demand for organic food products across the world. People are increasingly aware of the advantages of organic food, which is expected to influence them in purchasing organic food, which in turn will drive the segment growth over the forecast period.
Based on application, the market is fragmented into medical nutrition food, nutritional supplements, functional food, infant food, cosmetics, and animal feed. Infant food held the largest market share of the global colostrum market in 2018, due to the increasing colostrum-based products demand owing to the various benefits associated with them for baby food. The animal feed segment is expected to show the highest growth over the forecast timeframe, owing to the increasing demand for healthy calves in the dairy industry and the need to provide optimal nutrition to the animals.
By region, North America contributed a major revenue share to the global colostrum market in 2018, due to the increasing population of health-conscious consumers regarding the consumption of healthy foods and various technological developments in the production process. Asia Pacific is expected to show the highest CAGR over the estimated timeframe, owing to the rising awareness levels among consumers regarding the adoption of healthy food practices.
Some key players operating in the global colostrum market include La Belle Inc., Biostrum Nutritech Pvt. Ltd., Symco Inc., The Saskatoon Colostrum Co. Ltd., APS BioGroup, Ingredia Nutritional, Biotaris B.V., Sterling Technology, and Cuprem Inc., NIG Nutritionals Limited Canadian Protein, and Good Health NZ Products Ltd.
This report segments the global colostrum market into:
Global Colostrum Market: Product Type Analysis
Global Colostrum Market: Form Analysis
Global Colostrum Market: Application Analysis
Global Colostrum Market: Regional Analysis
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