Colostrum Market: Presence of high source of immunoglobulins is driving the market of colostrum in various food applications

Colostrum is a form of milk produced by mammals in late pregnancies and few days after birth. Cow colostrum contains higher levels of immunoglobulin such as IgG, IgA and IgM, where the amount of IgG is higher than others. Colostrum is easy to digest due to which it is preferred for newborn infants, which contains high amount of antibodies that helps to strengthen their immunity.

Colostrum also contains a high concentration of protective white cells that helps in destroying the disease causing bacteria and viruses. Colostrum is also helpful in improving immune system, due to the presence of high concentration of IgG. These factors are expected to drive growth of the colostrum market.

The global colostrum market is anticipated to register a CAGR of over 3.6% in terms of value and 3.2% in terms of volume during the forecast period. Increasing health awareness among consumers coupled with increasing demand for colostrum-based infant formula and probiotic yogurt are key factors fuelling market growth across the globe.

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Increasing consumer inclination towards purchasing organic colostrum products through e-retail channels is a major trend witnessed in the global colostrum market.

On the basis of product type, the global colostrum market is segmented into whole colostrum powder, skim colostrum powder and specialty colostrum powder. In 2015, whole colostrum powder segment dominated the market in terms of value and volume and it is expected to remain dominant throughout the forecast period.

Skim colostrum powder segment is expected to expand at the highest CAGR in terms of value during the forecast period.

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On the basis of geography, the global colostrum market is segmented into seven major regions namely North America, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, Eastern Europe, Latin America and Middle East & Africa (MEA). The APEJ market is expected to witness favourable growth in terms of value and volume over the forecast period. In terms of value, the North America market is expected to account for a major share of the market by 2026 end.

Some of the key players identified in the global colostrum market are APS BioGroup; La Belle, Inc., Ingredia Nutritional, The Saskatoon Colostrum Co. Ltd, Biostrum Nutritech Pvt. Ltd, Biotaris B.V., NIG Nutritionals Limited, Good Health NZ Products Ltd, Sterling Technology and Cuprem Inc.

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This release was published on openPR.