Home > Food & Beverages > Proteins > Animal-Based Proteins > Colostrum Market

Colostrum Market Analysis

  • Report ID: GMI3978
  • Published Date: Sep 2024
  • Report Format: PDF

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.
 

Colostrum Market Revenue Share, By Form, (2023)

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.
 

North America Colostrum Market Size, 2021 - 2032 (USD Million)

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.

Authors: Kiran Pulidindi , Manish Verma

Frequently Asked Questions (FAQ) :

The market size of colostrum was USD 281.05 million in 2023 and is set to register 3.8% CAGR from 2024-2032, due to the growing health awareness among the general population has increased the consumption of nutritional supplements worldwide.

The specialty colostrum powder segment is expected to reach over USD 76.5 million by 2032, owing to growing prevalence of lactose-intolerance among the global population has fostered the adoption of non-dairy products.

North America market is expected to reach USD 125.5 million by 2032, due to growing demand for a protein-rich diet among consumers in the region.

Cure Nutraceutical Pvt ltd, NOW Foods, Good Health New Zealand, Deep Blue Health New Zealand, PanTheryx, Puralife LLC, Bionatin BV, Biotaris BV, Immuno Dyanmics Inc, Genceutic Naturals, Ingredia, Biodane Pharma, and Farbest Brands, are some of the major colostrum companies worldwide.

Colostrum Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
 Download Free Sample