The scope of our recent study on the "Colostrum Market Forecast to 2031 - Global Analysis - by Form, Category, Application, and Geography" includes the factors fueling the Colostrum market growth, revenue estimation, and forecast, market share analysis, and the identification of significant market players and their key developments.
The Colostrum market size is expected to grow from US$ 1.48 billion in 2023 and is projected to reach US$ 2.40 billion by 2031; it is estimated to register a CAGR of 6.3% during 2023-2031.
Colostrum is the first milk that is produced by cows immediately after giving birth. The colostrum obtained from cows are rich in antibodies, proteins, vitamins, and prebiotics. It promotes gut health and development and supports the immune system. The demand for colostrum is witnessing rapid growth globally attributed to the increased demand for colostrum-based dietary supplements and health products. The global colostrum market is segmented into form, category, and application. The application segment is divided into pharmaceuticals & dietary supplements, food & beverages, animal nutrition, and personal care. The growing demand for colostrum products from pharmaceuticals & dietary application is driving the colostrum market.
The colostrum market trends include the rising demand for colostrum-based cosmetics and personal care products. Colostrum is utilized as a major ingredient in some high-quality cosmeceutical products that help protect against external factors. Growth factors present in colostrum help in the cell's growth and regeneration. Additionally, colostrum reduces skin irritation and aids in the healing of skin defects. It enhances skin hydration and has strong antimicrobial properties. Colostrum-based cosmetics brighten facial skin, slow the aging process, and contribute to better elasticity and resistance of the skin. For instance, Viveza Holding's brand, MCE Pharma, provides a complete range of premium cosmetics that are preferred by the higher class, along with similar kinds of products in an economical range. Similarly, SwissBioColostrum AG, a Switzerland-based personal care manufacturer, offers colostrum-based body lotion.
With the rising popularity and demand, advanced skincare products infused with colostrum are being introduced by manufacturers who are constantly improving their compositions. For example, in July 2023, Royal Family Farms, a Pacific Northwest dairy farm known for its national award-winning sustainability efforts, especially with vermiculture, launched a skincare line called "Nurst," which is made from excess colostrum from dairy cows. Increasing product launches and the growing cosmetic industry across the globe are expected to contribute to the colostrum market share globally.
North America held a dominant position in the global colostrum market in 2023. In the region, the demand for colostrum is increasing owing to the rising preference for consuming nutraceuticals such as functional food and beverages and dietary supplements. The rise in health consciousness has made consumers prioritize health and nutrition and shift toward healthy functional drinks and related dietary supplements. According to the World Economic Forum, in 2022, 50% of Americans claim to consume healthy food actively, and 58% of baby boomers follow healthy eating habits. Moreover, according to an IRI survey of Supplemental Nutrition Assistance Program (SNAP) shoppers, eating healthy food is a top priority for two-thirds (63%) of 42 million people in the US. Dietary supplements and functional food and beverages containing colostrum play a pivotal role in improving the overall health of consumers. Colostrum helps boost immunity, enhance gut health, and improve athletic performance. Therefore, the growing number of benefits of colostrum and changing consumer preferences fuel the demand for colostrum-based supplements across North America. As a result, many major market players are focusing on product portfolio expansion and increasingly adopting strategic initiatives.
The colostrum market report is bifurcated into various segments. Based on form, the market is divided into dry and liquid. The dry segment held the largest share in the colostrum market in 2023. The demand for the dry form of colostrum in industrial applications is increasing owing to its enhanced stability, longer shelf life, and ease of incorporation in various products. In its dry form, colostrum retains its potent bioactive compounds while being less prone to spoilage and degradation, making it ideal for formulation in supplements, functional food, and cosmetics. In addition, the powdered form allows for precise dosing and consistent quality, which is crucial for industrial production processes. This versatility and practicality make dry colostrum a preferred choice in industries looking to harness its health benefits while ensuring product stability and efficiency in manufacturing.
Based on category, the market is segmented into organic and conventional. The conventional segment is anticipated to account for a larger market share by 2031. Cost-effectiveness and widespread availability of conventional colostrum are making it an attractive option for various industrial applications. It offers essential bioactive compounds, such as antibodies and growth factors, at a lower cost compared to organic alternatives. This makes it an ideal ingredient for industries looking to incorporate colostrum into a wide range of products, such as dietary supplements, animal nutrition, and skincare, without the added expense of organic certification.
Based on application, the market is segmented into pharmaceuticals and dietary supplements, food and beverages, animal nutrition, and personal care. The pharmaceuticals and dietary supplements segment held the largest share in the colostrum market in 2023. The demand for colostrum in the pharmaceutical and dietary supplements sector is rising due to its potent immunological and growth-promoting properties. Colostrum is high in antibodies, growth factors, and bioactive proteins that help enhance immune function, support gut health, and promote tissue repair. This makes it an attractive ingredient for products aimed at boosting immunity, improving gastrointestinal health, and accelerating recovery from illness or intense physical activity. In addition, the increasing consumer preference for natural and biologically-derived supplements over synthetic options has significantly contributed to the growing popularity of colostrum-based products, surging its demand in pharmaceutical and dietary supplements.
The report includes the segmentation of the global colostrum market as follows:
The global colostrum market report is segmented based on form, category, application, and geography. In terms of form, the market is segmented into dry and liquid. Based on category, the market is segmented into organic and conventional. Based on application, the market is segmented into pharmaceuticals and dietary supplements, food and beverages, animal nutrition, and personal care.
By geography, the market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The North America market is further segmented into the US, Canada, and Mexico. The colostrum market in Europe is sub-segmented into Germany, France, the UK, Italy, Spain, and the Rest of Europe. The Asia Pacific colostrum market is further categorized into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the Middle East & Africa is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The South & Central America market is further categorized into Brazil, Argentina, and the Rest of South & Central America.
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