Press release
Colostrum Market is expected to reach USD 1.7 Billion by 2021 | Key players are La Belle Inc., APS BioGroup, Ingredia Nutritional, BiostrumNutritech Pvt. Ltd., The Saskatoon Colostrum Co. Ltd., NIG Nutritionals Limited, Biotaris B.V.
Colostrum Market was valued at USD 1.4 Billion in 2016 and projected to reach USD 1.7 Billion by 2021 growing at a CAGR of 3.6% during the forecast period 2018 to 2021.
Colostrum Market Overview:
Colostrum as a product is a liquid or a nutrient-rich form of milk. This form of milk is produced by mammals after or during their pregnancy. Colostrum obtained from cows contains high levels of immunoglobulin, such as IgA, IgM and IgG. This product is preferred for the preparation of infant formulas because it can be easily digested. Colostrum contains a large amount of antibodies, which helps increase immunity. Because of the presence of high levels of IgG, these products help improve the immune system's ability to fight disease.
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Colostrum Market Growth Drivers and restraints:
The main driver of growth in the global colostrum market is the growing awareness of health among the population. In addition, the increased demand for colostrum products, such as probiotic yogurt and infant formula, is another factor in the development of the global market. Because colostrum contains a large number of protective white blood cells that help eliminate the viruses and bacteria that cause disease, people are increasingly interested in those products. There are several untapped areas in developing and underdeveloped countries, due to lack of knowledge of the product and its benefits. This presents many opportunities for growth in the future. The high cost for manufacturers to produce colostrum products of the highest quality is one of the limiting factors in this market. Some of the applications of the colostrum products are the medical nutrition foods, nutritional supplements, functional foods, baby foods, cosmetics and animal feed.
Geographical segmentation of the Colostrum Market:
It is expected that the North American region will have a significant participation in the global market in the coming years. It is also expected that the European region will see steady growth in the colostrum market, thanks to the health benefits of colostrum. The Asia-Pacific region, particularly the developing economies such as China and India, has a high potential for growth in this market due to the increase in disposable income of the population.
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Key Players of the Colostrum Market:
The key players of the world colostrum market include La Belle Inc., APS BioGroup, Ingredia Nutritional, BiostrumNutritech Pvt. Ltd., The Saskatoon Colostrum Co. Ltd., NIG Nutritionals Limited, Biotaris B.V., Sterling Technology and Cuprem Inc., Canadian Protein, Symco Inc., and Good Health NZ Products Ltd., and several others.
Colostrum Market key Segmentation:
By Product:
• Freeze Dried Type
• Spray Dried Type
By Application:
• Powder
• Capsules
• Tablets
• Other
By Region:
• North America
• Asia-Pacific
• Europe
• Central & South America
• Middle East & Africa
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