Global Bovine Colostrum Market - Forecast(2024 - 2030)

Report Code: FBR 79503 Report Format: PDF + Excel

Global Bovine Colostrum Market Overview

The Global Bovine Colostrum market is estimated to be $229.4 million in 2021 growing at a CAGR of 3.8% over the forecast period 2022-2027. Bovine Colostrum is a milky liquid produced by cows' udder during the first few days after birth before genuine milk appears. Proteins, carbs, lipids, vitamins, minerals, and antibodies (proteins that fight disease-causing agents like bacteria and viruses) are all found in it. Colostrum antigen levels can be 100 times higher than those found in conventional cow's milk. Owing to their amino acid composition and excellent protein digestibility, particularly of whey proteins, milk proteins are considered a "complete protein" source, while colostrum has higher quantities of immunoglobulins, which are less digestible. Carbohydrates in Bovine Colostrum include lactose, oligosaccharides, glycolipids, glycoproteins, and nucleotide sugars, according to NCBI. Lactose is the most common saccharide in Bovine Colostrum, accounting for approximately 2.5 percent of the total, which is lower than in mature bovine milk or human milk. According to recent studies, bovine milk includes oligosaccharides that are similar to HMO, implying a similar protective effect and driving the Global Bovine Colostrum industry.

Report Coverage

The report: “Global Bovine Colostrum market – Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the Global Bovine Colostrum market.

By Form: Powder, Liquid, Capsules, Others

By Application:  Dietary Supplements, Pharmaceuticals, Nutritional supplements, Infant Formulas, Sports Nutrition, Cosmetics, Animal Nutrition, Others

By Distribution Channel: Online Channels, Supermarkets/Hypermarkets, Convenience Stores, Others

By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Netherlands, Denmark, Sweden, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Colombia, and Rest of South America), and Rest of the World (the Middle East, and Africa).

Key Takeaways

  • Bovine colostrum is in high demand owing to an increase in the use of dietary supplements. The manufacturing of bovine colostrum products is also being driven by the rising occurrence of immunodeficiency illnesses among children.
  • Colostrum is being used more frequently in newborn foods, cosmetics, and dietary supplements, which is driving increasing demand.
  • Increased use of Bovine colostrum by pregnant women and diabetic patients for immune system development is boosting the market growth.
  • Manufacturers are creating Bovine colostrum products in various forms, including capsules and chewable pills, to meet the demand, which has been steadily expanding.
  • Detailed analysis on the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Global Bovine Colostrum Market report.

    Global Bovine Colostrum market - Geography (%) for 2021.


    For more details on this report - Request for Sample

Global Bovine Colostrum Market Segment Analysis – By Form:

The Global Bovine Colostrum market based on Form can be further segmented into Powder, Liquid, Capsules, Others. The tablet sector held a dominant market share in the year 2021. Bovine Colostrum helps babies and newborn animals grow and thrive, but studies show that taking bovine colostrum tablets can boost immunity, combat infections, and enhance gastrointestinal health in adults. Supplements containing bovine colostrum have grown in popularity in recent years owing to their potential to boost immunity, combat infection, and enhance gastrointestinal health. However, the Liquid form sector is predicted to grow at a faster rate with a CAGR of 4.2% over the forecast period of 2022-2027. Some dairy products, such as yogurt, cheese, and kefir, now use liquid bovine colostrum as an ingredient. Several studies are focusing on the manufacture of dairy meals with the addition of bovine colostrum to assure its acceptability for human consumption. Bovine colostrum added to dairy products is claimed to provide a better and healthier product for humans. In the context of yogurt manufacturing, the inclusion of bovine colostrum enhanced total protein content, total solids, IgG, lactoferrin, and minerals when compared to standard yogurt.

Global Bovine Colostrum Market Segment Analysis – By Application:

The Global Bovine Colostrum market based on Application can be further segmented into Dietary Supplements, Pharmaceuticals, Nutritional supplements, Infant Formulas, Sports Nutrition, Cosmetics, Animal Nutrition, Others. Dietary Supplements held a dominant market share in the year 2021. Bovine colostrum supplements are widely advertised for the treatment of a variety of maladies and disorders. As a result, enterprises in the market landscape are expanding their dietary supplement production capacities. This explains why the dietary supplements end-use sector in the bovine colostrum market is expected to create the highest market share. As a result, companies are stepping up their research efforts to include enough immunoglobulins in dietary supplements to help improve the human digestive tract. However, the Cosmetics sector is predicted to grow at a faster rate with a CAGR of 4.5% over the forecast period of 2022-2027. Bovine colostrum is a prominent ingredient in various skin care products targeted at reducing skin irritation and indications of age in the beauty and cosmetics business. Bovine colostrum, when used in cosmetics, has antimicrobial properties and illuminates the skin. For example, Viveza Holding's MCE Pharma announced the debut of a complete line of premium cosmetics, food & dietary supplements, and capsules containing Bovine colostrum as a significant ingredient.

Global Bovine Colostrum Market Segmentation Analysis- By Geography

The Global Bovine Colostrum market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America held a dominant market share of 36% in the year 2021. With the current advancements, the demand for more supplements to meet the expanding demands of customers in the North American region has been met to some extent. Human nutrition has been a source of worry for the local populace and, as a result, a direct platform for manufacturers to conduct R&D. Owing to their poor eating habits, the people of the United States have realized that it is more necessary to immunize themselves in advance than to suffer future issues. However, over the forecast period, the Asia Pacific Global Bovine Colostrum market is expected to grow significantly. This is majorly attributed to the rising demand for high-quality meat and processed meat products in the Asia Pacific. Consumer disposable income has increased as a result of greater economic growth and industrialization, driving middle-class prosperity and demand for meat products. Market trends should be boosted by China's, India's, and Australia's dense animal populations, as well as technology advancements in animal farming.

Global Bovine Colostrum Market Drivers

Rising Usage of Bovine Colostrum By Athletes is fueling the market growth

The market is developing owing to the increasing usage of bovine colostrum by athletes, which helps to minimize upper respiratory tract and intestinal damage. Furthermore, colostrum improves an athlete's general immune system and is becoming a popular nutritional supplement among athletes. As a result, rising consumption of bovine colostrum by athletes is expected to drive colostrum market growth throughout the forecast period. According to NCBI, bovine colostrum has been shown to improve endurance cycling performance and enhance recovery from an acute exercise session, it may be beneficial to athletes who are doing high-intensity training (HIT) on consecutive days or competing with little rest time between sessions. A reduction in exercise duration to fatigue at 110% of anaerobic threshold, a decrease in submaximal exercise heart rate, and a lowering in the anaerobic threshold have all been linked to HIT periods in athletes.

Growing Demand for Bovine Colostrum Supplements and its Application in Skin Care Products is boosting product demand

Owing to rising demand for colostrum products or supplements, more awareness, growing need for probiotic colostrum products and colostrum enhanced nutraceuticals, and increased use of bovine colostrum in these countries, the bovine colostrum market is predicted to rise rapidly. BoneScience, for example, planned to launch Dr's Grow UP, a natural dietary supplement including colostrum, in August 2020, with initial availability in the United States and South Korea. BoneScience's mission is to deliver high-quality, natural solutions that can help with height gain and overall wellness. During the projected period, the bovine colostrum market is expected to develop owing to the increasing demand for bovine colostrum supplements and the increased use of bovine colostrum around the world. Furthermore, the bovine colostrum market is predicted to develop owing to rising demand for probiotic bovine colostrum products, increased demand for colostrum-enriched nutraceuticals, and higher public awareness of the benefits of bovine colostrum. Biochem, for example, expanded its great variety of animal nutrition products in September 2018 with the official launch of B.I.O.Ig Energy 15% Bovine Colostrum Powders, which have a substantially higher fat content than the existing B.I.O.Ig products.
The benefits of bovine colostrum, such as anti-aging properties that assist to decrease wrinkles on the face, are likely to boost colostrum market growth. Colostrum's growth hormone aids cell regeneration when taken consistently, as these hormones promote cell growth in the skin, which improves the skin's suppleness and thickness. According to Monica McGrath, Licensed Esthetician at Victoria Roggio Beauty in Philadelphia, PA, bovine colostrum is high in nutrients and is used to "soothe, cure, and reinforce the skin." According to Candace Noonan, Licensed Esthetician and Director of Education at DermaConcepts, the exclusive distributor of Environ Skin Care in the United States, bovine colostrum "is obtained in huge quantities and has qualities similar to human colostrum." "Scientific study has proven that it helps to improve the effects of homeostasis in the skin and soothe the look of sensitivity," she continues, citing its various growth factors and immunoglobulins. As a result, the anti-aging properties of bovine colostrum are likely to boost colostrum market growth over the forecast period.

Global Bovine Colostrum Market Challenges

Lack of Awareness regarding Benefits of Colostrum Products is Hindering the Market Growth.

Colostrum's market expansion is projected to be hampered by a lack of awareness about the benefits of colostrum products. Furthermore, there are just a few groups linked with this industry, such as the European Colostrum Industry, that work to raise consumer knowledge and dispel myths about colostrum products. This factor is stifling market expansion. Owing to the huge number of manufacturers in the industry, the intense rivalry is expected to limit the growth of the colostrum market. Owing to fierce rivalry, a new player's entry into the market and prospective opportunity remain a challenge. This aspect is predicted to hinder market expansion. However, innovative product launches by players may support market growth. For instance, in 2018, Biochem Additives located in Germany launched a new product in its offerings-B.I.O.Ig Energy 15% Bovine Colostrum Powders. 

Global Bovine Colostrum Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Global Bovine Colostrum market. The top 10- Global Bovine Colostrum market companies are-

  1. APS Biogroup
  2. Biostrum Nutritech Pvt. Ltd.
  3. La Belle, Inc.
  4. Sterling Technology
  5. Good Health NZ Products Ltd.
  6. The Saskatoon Colostrum Co. Ltd.
  7. NIG Nutritionals Limited
  8. Ingredia Nutritional
  9. Cuprem Inc.
  10. Biotaris B.V

Recent Developments

  • In May 2021, Surat District Cooperative Milk Producers Union Limited (SUMUL) announced the launch of a 'cow colostrum powder' to strengthen the immunity of Covid-19 patients in India, dubbed 'Sumul Immune Powder'.
  • In April 2021, Kiylos Nutrition established a relationship with Pantheryx to represent its premium brand and add bovine colostrum to their product offering.
  • In November 2019, PanTheryx, a biotechnology company, stated that its wholly-owned subsidiary APS Biogroup has reached a multimillion-dollar partnership with Vita Dairy, the leading Vietnamese nutritional dairy manufacturer.

Relevant Titles

Report Code: FBR 31638
Report Code: FBR 0334
Report Code: FBR 0335
For more Food and Beverage Market related reports, please click here

1. Global Bovine Colostrum Market Overview
    1.1 Definitions and Scope
2. Global Bovine Colostrum Market Executive Summary
    2.1 Market Size and Key Trends
3. Global Bovine Colostrum Market Landscape
    3.1 Market Share Analysis- Key Companies
    3.2 Company Benchmarking- Key Companies
    3.3 Financial Analysis - Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis
4. Global Bovine Colostrum Market- Startup Companies Scenario Premium
    4.1 Key startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Global Bovine Colostrum Market- Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of successful ventures
6. Global Bovine Colostrum Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Customers
        6.3.3 Threat of New Entrants
        6.3.4 Rivalry Among Existing Players
        6.3.5 Threat of Substitutes
7. Global Bovine Colostrum Market Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Global Bovine Colostrum Market– By Form (Market Size -$Million/$Billion)
    8.1 Powder
    8.2 Liquid
    8.3 Capsules
    8.4 Others
9. Global Bovine Colostrum Market– By Application (Market Size -$Million/$Billion)
    9.1 Dietary Supplements
    9.2 Pharmaceuticals
    9.3 Nutritional supplements
    9.4 Infant Formulas
    9.5 Sports Nutrition
    9.6 Cosmetics
    9.7 Animal Nutrition
    9.8 Others
10. Global Bovine Colostrum Market– By Distribution Channel (Market Size -$Million/$Billion)
    10.1 Online Channels
    10.2 Supermarkets/Hypermarkets
    10.3 Convenience Stores
    10.4 Others
11. Global Bovine Colostrum Market- By Geography (Market Size -Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 Germany
        11.2.2 United Kingdom (U.K)
        11.2.3 France
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Russia
        11.2.7 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 India
        11.3.4 South Korea
        11.3.5 Australia and New Zealand
        11.3.6 Rest of Asia-Pacific
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Chile
        11.4.4 Colombia
        11.4.5 Rest of South America
    11.5 Rest of the World
        11.5.1 Middle East
        11.5.2 Africa
12. Global Bovine Colostrum Market Entropy
13. Global Bovine Colostrum Market- Industry / Segment Competition landscape Premium Premium
    13.1 Market Share Analysis
        13.1.1 Market Share by Country- Key companies
        13.1.2 Market Share by Region- Key companies
        13.1.3 Market Share at Global Level- Key companies
    13.2 Competition Matrix
    13.3 Best Practices for Companies
14. Global Bovine Colostrum Market- Key Company List by Country Premium Premium
15. Global Bovine Colostrum Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

LIST OF FIGURES

1.US Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
2.Canada Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
3.Mexico Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
4.Brazil Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
5.Argentina Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
6.Peru Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
7.Colombia Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
8.Chile Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
10.UK Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
11.Germany Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
12.France Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
13.Italy Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
14.Spain Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
16.China Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
17.India Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
18.Japan Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
19.South Korea Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
20.South Africa Global Bovine Colostrum Market Revenue, 2019-2024 ($M)
21.North America Global Bovine Colostrum By Application
22.South America Global Bovine Colostrum By Application
23.Europe Global Bovine Colostrum By Application
24.APAC Global Bovine Colostrum By Application
25.MENA Global Bovine Colostrum By Application