The global cow colostrum market, valued at US$1.40 billion in 2022, is set to double by 2023, reaching a staggering US$ 2.8 billion with a noteworthy Compound Annual Growth Rate (CAGR) of 6.5% from 2023 to 2033. Athletes, recognizing its role in enhancing immune systems and muscle development, are driving rapid market growth.
Key Market Dynamics:
- Athlete-Focused Growth: Increased adoption by athletes is accelerating market expansion, reducing upper respiratory and intestinal damage. The overall enhancement of athletes’ immune systems contributes significantly.
- Anti-Aging Appeal: The anti-aging benefits of cow colostrum, reducing wrinkles and promoting skin health, are boosting market sales. Growth hormones in colostrum stimulate cell regeneration and skin thickness.
- Innovative Products: Cutting-edge methods have led to the introduction of convenient products like colostrum powders, driving widespread use and further market growth.
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Key Takeaways:
- Sales increased by a commendable 5.4% CAGR between 2018 and 2022.
- Developed and emerging nations account for over 86% of the global market.
- Business-to-Business (B2B) holds a 51.29% market share, projected to expand at a 4.63% CAGR.
- Finished goods constitute 56.5% of the total market in 2022.
- The United States leads with a predicted market share of 61.2% in 2022, dominating North America.
- India in South Asia holds a 25.4% market value share, expected to grow at a CAGR of 8.21%.
“The cow colostrum market’s expansion is attributed to its high protein content and immunity-boosting qualities. Cow colostrum supplements offer a dual benefit of immunity enhancement and improved intestinal health,” remarks an analyst from Future Market Insights.
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Competitive Landscape
It is anticipated that the demand for cow colostrum will rise in the near future for use in animal feed compositions. Strong promotional and marketing campaigns are a crucial opportunity for businesses to increase their reach and share of the market in the cow colostrum industry since informative colostrum advertising are a particular field that has been discovered to be missing.
Prominent players in the cow colostrum market are:
- Colostrum BioTec GmbH
- Zuche Pharmaceuticals
- Biodane Pharma A/S
- Agati Healthcare Pvt. Ltd.
- McePharma
- Cure Nutraceuticals Pvt. Ltd.
- Ingredia Nutritional (Ingredia S.A.)
- Sterling Technology
- Biotaris B.V.
- La Belle Inc.
- Now Health Group, Inc.
- The Saskatoon Colostrum Company
- Good Health New Zealand
Some key developments of the leading companies in this market are:
- Dutch company Biotaris B.V. has provided premium cow as well as goat colostrum goods for many years. Their colostrum products surpass the usual quality criteria thanks to the development of a unique cold-state manufacturing technology to process raw colostrum deeper in a loss-free and friendly manner.
- In 2021, Bioblock, a unique nasal spray containing antibodies towards the SARS-CoV-2 virus generated from cow colostrum, is being sold on Tallink Grupp’s Estonian boats.
- A pioneer in nutrition as well as biotechnology, PanTheryx, announced the release of three product formulations such as cow colostrum in March 2021. These include baked nutrition bars, soft chews, and soft presses.
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Key Segments Profiled in the Global Cow Colostrum Market
Nature:
- Organic
- Conventional
Product Type:
- Whole
- Whole Colostrum Powder
- Skim Colostrum Powder
- Specialty Colostrum Powder
- Colostrum Finished Products
- Capsules
- Chewable Tablets
- Individual Sachets
- Specially Formulated Products
End Use:
- B2B
- Dietary Supplements
- Sports Nutrition
- Functional Foods
- Animal Nutrition
- Cosmetics
- Infant Formula
- Pharmaceuticals
- B2C
- Hypermarket/Supermarket
- Convenience Store
- Specialty Stores
- Drug Stores
- Health & Wellness Stores
- Online Retailing
Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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