Colostrum Market Growth to be Intensified on the Back of Growing Health Awareness of Consumers Worldwide by a CAGR of ~4% throughout 2021 – 2030

Research Nester published a report titled “Colostrum Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global colostrum market in terms of market segmentation by product type, application, form, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The colostrum market is estimated to occupy a large revenue by growing at a CAGR of ~4% during the forecast period, i.e., 2021 – 2030, owing to the escalating health awareness of consumers, rising demand for functional and nutritional foods, and growing use of colostrum in cosmetic industry. Apart from these, increasing disposable income of the people and rise in trend of sports and fitness are also expected to drive market growth.

The global colostrum market is segmented by product type, application and form. Based on product type, the segment for whole colostrum powder is anticipated to grab the largest market share during the forecast period on the back of its property to enhance shelf life when it is incorporated with food products. Additionally, on the basis of application, the cosmetics segment is projected to witness the highest growth over the forecast period ascribing to colostrum’s benefits such as skin moisturizing and slow down of ageing process.

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Geographically, the market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. North America region is evaluated to grab the largest share in the market during the forecast period attributing to the presence of health-conscious population and strong brand campaigns to promote healthy lifestyle in the region. Moreover, the market in Asia Pacific is assessed to grow by the highest rate in the future owing to the growing living standards of middle-class populations and large number of cattle farming facilities in the region.

Increasing Health Awareness of People Globally to Expand Market

Since the last decade, more and more people are becoming conscious about their health. This has led to the rise in production of healthy and nutritional food supplements around the world, which in turn is anticipated to fuel the manufacture of colostrum as a result of its benefits such as promotional of appropriate gastrointestinal function, fast nutrients absorption and protection against infections.

“The Final Report will cover the impact analysis of COVID-19 on this industry.”

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However, high cost of good quality products made with colostrum is expected to operate as key restraint to the growth of the colostrum market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global colostrum market which includes company profiling of NOW Health Group, Inc., Cure Nutraceutical PVT. LTD., KOEPON HOLDING, Good Health New Zealand, PanTheryx, Inc., Biostrum Nutritech Pvt. Ltd., Sterling Technology, Biotaris B.V., Immuno-Dynamics, Inc., Cuprem Inc., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the colostrum market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.