Cow Colostrum Market - 2023-2030

Overview

Global Cow Colostrum Market reached US$ 1.2 billion in 2022 and is expected to reach US$ 1.8 billion by 2030, growing with a CAGR of 5.2% during the forecast period 2023-2030.

The demand for cow colostrum is rising significantly over the forecast period of 2024-2031,

Consumers are increasingly incorporating cow colostrum into a variety of applications, particularly in infant products, due to its exceptional nutritional content and high levels of antibodies. These antibodies play a crucial role to safeguard against infections and promoting healthy growth in both infants and animals. Additionally, cow colostrum is valued for its abundance of essential nutrients and proteins.

In addition, manufacturing companies are diversifying their portfolios by introducing innovative cow colostrum products, a strategy aimed at increasing their market sizes and expanding their market presence. For instance, in November 2022, PanTheryxcompany launched a new Life's First Naturals PRO bovine (cow) colostrum supplement, it is powered by ColostrumOne, a comprehensive source of immune factors, protective proteins, growth factors, and prebiotics.

The nutritional and dietary supplements segment accounts the largest share in global cow colostrum market. Similarly, Asia-Pacific region has been a dominant force as the production rate of milk is high in this region, as well as manufactures also developing innovative cow colostrum products, which can help in driving the global cow colostrum market.

Dynamics

Increasing Prevalence Of Colostrum Cancers

The probiotic disorder can cause colostrum cancer, and the prevalence of colostrum cancer is rising among consumers. For instance, according to a World Health Organization (WHO) report, colorectal cancer is the third most common cancer worldwide, accounting for approximately 10% of all cancer cases, and is the second leading cause of cancer-related deaths worldwide. It predominantly affects older individuals, with the majority of cases occurring in people aged 50 and above.

In addition, manufacturing companies are focusing on developing a wide range of products to attract larger consumer bases. For instance, in November 2022, APS Bio Group and Sunplus, announced a multi-year strategic partnership to develop new bovine colostrum products. Through the strategic partnership, APS will debut its new colostrum basic protein and immunoglobulin g formula in sunplus's natrapure cbps milk powder.

Increase in Product Development

Product developers are incorporating cow colostrum into various functional foods and dietary supplements, as cow colostrum is known for its high nutritional content, including proteins, and vitamins. It offers antibodies that contribute to immune system support. As a result product development can help in driving the global cow colostrum market.

Furthermore, major companies are strategically developing and expanding the colostrum market. For instance, in December 2022, collaborative innovation between Blendhub and ColoPlus AB launched a ColoPlus formula based on bovine colostrum to help restore the immune system in cancer or HIV patients, top athletes, or the elderly. This collaboration is to develop and commercialize patented innovative nutraceutical food products based on the bioactive properties of bovine colostrum and natural nutrition.

Lactose Intolerance

Some consumers might have an inability to digest the lactose, they are unable to digest cow-colostrum-based products. The prevalence of lactose intolerance is increasing, for instance, according to a pharma report of 2023, approximately 65 percent of the human population has a reduced ability to digest lactose after infancy, and it is most common in the East Asian region. Therefore, such a high prevalence rate can limit the market for smaller consumer bases.

Segment Analysis

The global cow colostrum market is segmented based on nature, product type, application, distribution channel, and region.

Increase in Demand for Effective Natural Organic Nutritional and Dietary Supplements

The nutritional and dietary supplements segment accounts for the largest share of the global cow colostrum market, consumers are adopting these cow colostrum as they are rich in immunoglobulins, antibodies that play a vital role in supporting the immune system. The regular consumption of colostrum supplements may help enhance the body's defense mechanisms against infections and illnesses.

Furthermore, supplement-producing companies are launching innovative products. For instance, in August 2022, the Roots Brands is unveiling a one-of-a-kind blend of hydrolyzed bovine collagen and whole colostrum powder as a youth-enhancing supplement, which is Dubbed Give Me Back My Youth (GMBMY), is sourced from cows. It helps to promote type types I and Ill collagen in humans, and also boosts skin hydration, enhancing suppleness and minimizing wrinkles.

Geographical Penetration

High Milk Production, and Product Development

Asia-Pacific has been a dominant force in the global cow colostrum market and its significant growth. From ancient times milk and milk products have been part of the consumer's diet in this region, also the demand for cow colostrum products is rising especially in infant foods as they provide antibodies and enhance the immune health.

Furthermore, the production rate for milk is high in this region, for instance, according to the Ministry of Fisheries, Animal Husbandry & Dairying reports the milk industry has raised, since the launch of Operation Flood program. India is the largest producer of milk in the world, contributing 23% of global milk production.

In addition, the manufacturing companies in this region are also launching products to support the rising market demand. For instance, in May 2020, the Surat District Cooperative Milk Producers Union Limited developed cow colostrum powder' Sumul Immune powder, an immunity booster to protect COVID-19-positive patients, it has albumin, globulin, and Gama globulin. It is rich in vitamins A, D, E, and K and also contains 300 types of enzymes to increase gut health.

Competitive Landscape

The major global players in the market include Colostrum BioTec GmbH, Zuche Pharmaceuticals., Biodane Pharma A/S, Agati Healthcare, mcePharma, Cure Nutraceutical PVT. LTD., PanTheryx, Inc., NOW Health Group, Inc., Sterling Technology, and Aadvik Foods.

COVID-19 Impact Analysis

The pandemic has had diverse effects on various markets, including the food and healthcare sectors. Many governments have imposed lockdown restrictions which has disrupted the supply chain, changes in consumer behavior, and economic challenges can influence markets. Hence, COVID-19 has shown a negative impact global cow colostrum market.

By Nature

• Organic
• Conventional

By Product Type

• Whole
• Whole Colostrum Powder
• Skim Colostrum Powder
• Specialty Colostrum Powder
• Colostrum Finished Products
• Capsules
• Chewable Tablets
• Individual Sachets
• Specially Formulated Products

By Application

• Food
• Cosmetics
• Nutritional and Dietary Supplements
• Others

By Distribution Channel

• Hypermarket/Supermarket
• Convenience Store
• Specialty Stores
• Drug Stores
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In May 2022, Glanbia Nutritionals acquired Sterling Technology, a South Dakota-based manufacturer of dairy bioactive solutions derived from bovine colostrum. Glanbia Nutritionals purchased for $60 million plus deferred consideration.
• In November 2022, PanTheryx launches extra- strength colostrum supplement which is Life's First Naturals PRO, an extra-strength immune support and digestive health supplement formulated for the health care practitioner channel.

Why Purchase the Report?

• To visualize the global cow colostrum market segmentation based on nature, product type, application, distribution channel, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of cow colostrum market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global cow colostrum market report would provide approximately 70 tables, 63 figures and 210 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies