Colostrum Market Size

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.
 

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.