Global Bovine Colostrum Market - Forecast(2024 - 2030)

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.

  
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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

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

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.

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