Home > Food & Beverages > Proteins > Animal-Based Proteins > Colostrum Market
Colostrum Market Size
Colostrum Market size achieved USD 281.05 million in 2023 and is projected to grow at 3.8% CAGR from 2024 to 2032. Rising health awareness among the general population bolstered industry dynamics over the forecast period. Growing health awareness among the general population has increased the consumption of nutritional supplements. Ingredients such as colostrum improve gut health, enhances immunity, and help fight infections.
The rising consumption of nutraceuticals to cure chronic disorders will thus bolster the use of colostrum over the forthcoming years. According to the World Health Organization (WHO), in 2023, approximately 60% of the global population became more health-conscious, significantly influencing market trends. Additionally, WHO reported a 25% increase in the global consumption of dietary supplements in 2023.
Report Attributes | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 281.05 Million |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 3.8% |
2024 – 2032 Value Projection: | USD 394.35 Million |
Historical Data for: | 2021-2023 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 172 |
Segments covered: | By Product, By Form, and By Application |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
It is anticipated that the prohibition of bovine colostrum in infant food may inhibit the growth of the colostrum industry. For instance, the Ministry of Health in China banned the usage of bovine colostrum or derived dairy products for manufacturing infant formula in the nation. The growing concerns around animal cruelty have also fostered the adoption of vegan products which may restrict the demand for colostrum.
Rising demand from the animal feed industry is fuelling the need for colostrum, valued for its immunological benefits in livestock. Concurrently, increasing health consciousness among consumers is boosting demand for nutritional supplements, including colostrum, known for its rich nutrient profile. The cosmetics sector also contributes to market expansion, as colostrum's anti-aging and regenerative properties are sought after in skincare products.
However, the market faces challenges, particularly the ban on bovine colostrum in infant foods due to regulatory concerns over safety and quality. This restriction can limit market opportunities and create uncertainty in product development and regulatory compliance. Balancing these opportunities with regulatory challenges will be crucial for stakeholders aiming to capitalize on the growing demand while navigating potential barriers.
Colostrum Market Trends
The development of advanced extraction and processing techniques that enhance the purity and bioavailability of colostrum. Companies are investing in technologies such as freeze-drying and nano-encapsulation to improve product stability and absorption. Additionally, there's a rising focus on integrating biotechnology and genomics to optimize colostrum quality. These innovations are expanding applications beyond traditional dietary supplements into sectors like pharmaceuticals and functional foods. The emphasis on research and development is poised to boost market opportunities and drive competitive differentiation in the colostrum industry.
Colostrum Market Analysis
The whole colostrum powder segment will capture USD 188.22 million and demonstrate a 3.7% CAGR by 2032. The growing prevalence of lactose-intolerance among the global population has fostered the adoption of non-dairy products. According to the American Family Physician, lactose intolerance is commonly observed in ethnic groups such as people of African, Middle Eastern, and Asian descent. This increases the consumption of non-lactose products such as colostrum, especially in powdered form as it is soluble in different food products. The little to no-lactose content in colostrum will thus increase consumer acceptance of the product over the years.
The conventional form segment held an 85.22% of the colostrum market share in 2023, amounting to USD 239.53 million, and is projected to grow at a 3.8% CAGR from 2024 to 2032. The market is segmented by form into organic and conventional categories. Organic colostrum, sourced from cattle raised without synthetic hormones or antibiotics, appeals to health-conscious consumers and is often perceived as higher quality. Conventional colostrum, derived from standard farming practices, is generally more affordable and widely available.
Both segments cater to distinct consumer preferences, with organic products commanding premium pricing due to their perceived health benefits and sustainable production methods, while conventional colostrum remains prevalent due to its cost-effectiveness and accessibility in the market. This growth can be credited to the broad range of applications of the ingredient in various end-use sectors. The ingredient is used in cosmetics, infant food, animal feed, nutritional supplements, and other applications. Since the escalating demand from various end-use industries cannot be catered to by organically sourced products, the adoption of conventional colostrum is likely to increase substantially over the forecast period.
Additionally, this growth can be attributed to the increased consumption of nutraceuticals which can boost immunity as well as avoid and treat gut health issues such as diarrhea. Colostrum offers development factors such as epidermal growth factor and immunological components such as lactoferrin, IgA, and leukocytes. It also contains high amounts of vitamin A, vitamin K, and vitamin B12 and low levels of lactose. Such benefits, in addition to the growing interest in consuming nutritional supplements, will augment the consumption of colostrum products.
The North America colostrum market is projected to achieve USD 126.5 million, with a CAGR of 3.6% from 2024 to 2032. Increasing consumer awareness of its health benefits and rising demand for natural supplements. Key trends include a surge in product innovation, with companies expanding their offerings to include colostrum-based powders, capsules, and skincare products. The market is also witnessing heightened interest from the sports nutrition sector due to colostrum's potential performance-enhancing properties. Additionally, there is a growing emphasis on sourcing and quality assurance, with consumers prioritizing products derived from grass-fed, hormone-free cattle.
Overall, the industry is poised for expansion as more consumers seek wellness solutions rooted in natural ingredients. Growing demand for a protein-rich diet among consumers has increased the consumption of fish, meat, and poultry in the region. The rapid rise in demand for meat products across the region is driving the adoption of feed ingredients such as colostrum. The product can enhance the quality and performance-enhancing properties of meat, which may help bolster regional market dynamics.
Colostrum Market Share
Companies include, Colostrum Biotech GmbH excels in advanced colostrum processing technologies, enhancing product purity and efficacy. Sterling Technology is renowned for its high-quality colostrum powders and its focus on sustainable sourcing. The Saskatoon Colostrum Company is distinguished by its commitment to local production and rigorous quality control, delivering premium colostrum products. Cure Nutraceutical Pvt Ltd offers a diverse range of colostrum-based supplements, catering to various health needs and expanding market reach in Asia. NOW Foods, a major supplement retailer, integrates colostrum into its extensive product lineup, leveraging its strong distribution network to increase global accessibility.
Colostrum Market Companies
Top companies operating in the colostrum industry include:
- Colostrum Biotech GmBH
- Sterling Technology
- The Saskatoon Colostrum Company
- Cure Nutraceutical Pvt ltd
- NOW Foods
- Good Health New Zealand
- Deep Blue Health New Zealand
- PanTheryx
- Biostrum Nutritech Pvt Ltd
- Biotaris BV
Colostrum Industry News
- January 2024: Nuchev, a company known for its infant products, broadened its range to include bovine-based items aimed at enhancing immunity and digestion. This expansion, driven by consumer research in Australia and China, introduces the Oli6 Immunity + full cream milk powder. This new product features colostrum, vitamins A and D, and lactoferrin to support immunity and overall well-being. Currently available in Australia and China through multiple distribution channels, Nuchev is also considering entering the Southeast Asian market soon.
The colostrum market research report includes in-depth coverage of the industry, with estimates and forecasts in terms of revenue and volume (USD Million) (Tons) from 2021 to 2032, for the following segments:
Click here to Buy Section of this Report
Market, By Product
- Whole colostrum powder
- Specialty colostrum powder
- Skim colostrum powder
Market, By Form
- Organic
- Conventional
Market, By Application
- Nutritional supplements
- Infant food
- Animal feed
- Cosmetics
- Others
The above information is provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- MEA
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
Frequently Asked Questions (FAQ) :