Global Colostrum Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Colostrum Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Form (Powder, and Capsule and Chewable tablets), Powder Type (Whole Colostrum Powder, Skimmed Colostrum Powder, and Speciality Colostrum Powder), Application (Functional foods, Cosmetics, Animal feed, and Dietary supplements), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Colostrum Market was valued at USD 2,006.8 million in 2023 and is expected to reach USD 2,663.1 million by 2031 while growing at a CAGR of 3.6% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global colostrum market growth. Colostrum, the nutrient-rich fluid produced by mammalian mammary glands in the first days post-birth, serves as crucial initial nourishment for newborns before regular breast milk production starts. Packed with essential nutrients, antibodies, growth factors, vitamins, and minerals, it offers vital nutrition and immune support for the newborn.
Increasing demand for immune-boosting products and nutritional benefits propels the growth of the colostrum market. Despite this, challenges like limited supply, seasonal availability, and cost considerations may impede market expansion.
Furthermore, the global colostrum industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Form Analysis
The Global Colostrum Market is segmented among Powder, and Capsule and Chewable tablets, based on Form. In 2023, Powder accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Powder Type Analysis
The Global Colostrum Market is segmented among Whole Colostrum Powder, Skimmed Colostrum Powder, and Speciality Colostrum Powder, based on Powder Type. In 2023, Whole Colostrum Powder accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Colostrum Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are The Saskatoon Colostrum Company, Cure Nutraceutical Pvt. Ltd., NOW Foods, Sterling Technology, Good Health New Zealand, Deep Blue Health New Zealand Ltd, PanTheryx, and Biostrum Nutritech.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Colostrum Market Dynamics
Drivers
Restraints
Opportunity
4. Global Colostrum Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Colostrum Market Segmentation, By Form
Global Colostrum Market Share Analysis, By Form
Global Colostrum Market Growth Analysis, By Form
Global Colostrum Market Trends, By Form
o Powder
o Capsule and Chewable tablets
6. Global Colostrum Market Segmentation, By Powder Type
Global Colostrum Market Share Analysis, By Powder Type
Global Colostrum Market Growth Analysis, By Powder Type
Global Colostrum Market Trends, By Powder Type
o Whole Colostrum Powder
o Skimmed Colostrum Powder
o Speciality Colostrum Powder
7. Global Colostrum Market Segmentation, By Application
Global Colostrum Market Share Analysis, By Application
Global Colostrum Market Growth Analysis, By Application
Global Colostrum Market Trends, By Application
o Functional foods
o Cosmetics
o Animal feed
o Dietary supplements
8. Global Colostrum Market Segmentation, By Region
Global Colostrum Market Share Analysis, By Region
Global Colostrum Market Growth Analysis, By Region
Global Colostrum Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
The Saskatoon Colostrum Company*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Cure Nutraceutical Pvt. Ltd.
NOW Foods
Sterling Technology
Good Health New Zealand
Deep Blue Health New Zealand Ltd
PanTheryx
Biostrum Nutritech
*Similar analysis will be provided for each company listed above.