Colostrum Market is dominated by whole powder segment, as per Maximize Market research

The Colostrum Market size was valued at USD 1.84 Billion in 2023 and the total Colostrum revenue is expected to grow at a CAGR of 4.2% from 2024 to 2030, reaching nearly USD 2.45 Billion by 2030.

Colostrum Market Overview

Colostrum is the first form of milk that mammals produce after giving birth. This milk is high in antibodies. Considered a rich source of vitamins, fats, growth hormones, carbs, enzymes, minerals, and proteins. Major companies in the colostrum market like Fonterra Corporative Group, NOW Foods, Cure Nutraceutical, The Saskatoon Colostrum Company, and Good Health New Zealand are focusing on research, development, and marketing efforts to promote market expansion and enhance brand visibility. Due to increasing awareness, expanding applications, and ongoing innovation, the colostrum market is set for further growth.

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North America dominated the colostrum industry

North America had a 38% market share in 2023. The region is expected to show a CAGR of 4.2% in the forecast period. The regions disposable incomes, and focus on preventive healthcare has driven the market so far.

Asia Pacific held about 25% of market share in 2023 for colostrum market. The large population in China and India are creating huge customer base. The high purchasing capacity of the consumers is driving the market.

The demand for functional foods, especially foods that are rich in nutrients is increasing. The colostrum is included in sports nutrients to reduce inflammation. The new wave of social media marketing has also given a boost to the market. Despite this, the regulations regarding food products and the fact that colostrum does not have a longer shelf life might restrain the market.

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Recent News about Colostrum

20/3/2024 Amul goes to U.S., partners Michigan milk producers' body to sell fresh milk
4/4/2024 Implications of the US FDA's Decision to Label Plant-Based Alternatives as "Milk"

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Colostrum Market Segmentation

by Nature

Organic
Conventional

by Product Type

Whole Powder
Skim Powder
Specialty Powder

by Form

Capsules
Tablets

by Application

Dietary supplements
Animal feed
Cosmetics
Infant formula
Pharmaceuticals
Nutraceuticals

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Colostrum Market Key Players

1. North America
1.1. NOW Foods (USA)
1.2. Pantheryx (USA)
1.3. Farbest Brands (USA)
1.4. The Saskatoon Company (Canada)
1.5. Good Health New Zealand (USA)
2. Europe
2.1. Colostrum Biotech GmbH (Germany)
2.2. Arla Foods amba (Denmark)
2.3. FrieslandCampino (Netherlands)
2.4. Lacto-Prism Ltd (United Kingdom)
2.5. Bio-Colostrum GmbH (Germany)
3. Asia Pacific
3.1. Yili Group (China)
3.2. Inner Mongolia Beide (China)
3.3. Meiji Holdings Co Ltd (Japan)
3.4. Morinaga Milk Industry Co Ltd (Japan)
4. Middle East & Africa
4.1. Najran Dairy Co Ltd (Saudi Arabia)
4.2. Clover Industries Ltd (South Africa)
4.3. Deneys Swiss Dairy (South Africa)
4.4. FrienslandCampino (Netherlands)
5. Latin America
5.1. Prati-Donaduzzi (Brazil)
5.2. Bio-Manguinhos (Brazil)
5.3. Embrapa Gado De Leite (Brazil)
5.4. Laboratories Bago (Argentina)
5.5. INTA (Argentina)

Key questions answered in the Colostrum Market are:

• What are the growth drivers for the Colostrum market?
• What are the challenges for the Colostrum market growth?
• Which region is the fastest-growing region in the Global Colostrum market during the forecast period?
• What is the projected market size & and growth rate of the Colostrum Market?

Key Offerings:

• Past Colostrum Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Colostrum Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o § Competitive landscape - Colostrum Market Leaders, Market Followers, Regional player
o § Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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About Maximize

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