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Colostrum is a gift from nature in the form of first food.It constitutes a lucrative market, which has been studied by Future Market Insights (FMI) in details. According to the report, the increasing awareness about various health benefits of colostrum, will enable the market reach a valuation of US$ 3.19 Bn in 2021.

Colostrum helps babies and new-born animals develop and thrive.Studies have shown that taking bovine colostrum supplements can boost immunity, combat diseases, and enhance gut health in adults.It is a pre-milk material developed by all mammals during the birthing process. Colostrum is a mixture ofgrowth and immune factors, as well as essential nutrients, all of which are intended to stimulate a newborn’s immune system, growth and help their digestive health, ensuring their overall health, strength.

Colostrum is beneficial to human body in two respects. First, the immune system is bolstered because of the presence of several immune factors and natural antibiotics. Second, its numerous growth factors provide the organism with a broad-spectrum boost, promoting optimal health and healing. Immunoglobulin, growth factors, and antibodies all play a part in passive immunity, which is the prevention of infection.

Leading manufacturers of colostrum are focusing on establishing strong distribution channel as they identify the regionsshowcasing high demand for colostrum.They also are establishing their presence on online retail channels such as Walmart, Amazon, and many more to gain maximum traction of the consumers.

Colostrum in pharmaceuticals works like magic when it comes to growth and immunity.Various pharmaceutical manufacturers are offering colostrum as supplements in the form of tablets.The powder form of colostrum also is highly accepted by the consumers. Gym enthusiasts are looking for natural proteins with high nutritional contents are settling down with colostrum. Continuous research and development undertaken by manufacturers are helping the colostrum market to gain high traction.

For instance- in 2019 a clinical trial conducted by BiodanePharma A/S on Bovine colostrum against gastrointestinal toxicity caused by chemotherapy in children with acute lymphoblastic leukaemiaWhen compared to patients in the placebo community, paediatric patients with acute lymphoblastic leukaemia who received bovine colostrum had significantly lower peak scores for oral mucositis.

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Rising Demand for Probiotics and Colostrum to Aid Growth

Probiotic products are becoming increasingly common in the fast-growing health sector. Consumption of probiotics such as lactobacillus acidophilus has increased significantly, as it promotes the growth of beneficial bacteria in the gut.By maintaining a stable intestinal climate and balance, probiotics help to prevent diseases like ulcerative colitis and colon cancer.

Probiotics in colostrum are gaining popularity as a way to help children with gastrointestinal issues. The favourable market view is expected to support manufacturers selling probiotics and colostrum products in the near future.

Prevalent patterns include an emphasis on fitness and the consumption of a balanced diet. These patterns have an effect on consumers’ habits as well as their buying decisions, making it important for manufacturers to keep up with evolving customer preferences. As a result, an increasing number of food industry players are avoiding the use of synthetic or artificial additives in their products.

Furthermore, technological advancement is helping consumers have easy access to knowledge. Before buying food, they often read the ingredient labels. As a result of this widespread trend, a growing number of manufacturers are using colostrum in their product lines. They expect to achieve a competitive edge in the market by adopting these tactics. According to FMI, these factors will support sales of colostrum finished products, which is projected to account for nearly 60% of the market through the forecast period.

Key Takeaways from Colostrum Market Study

• Increasing focus on immunity and health and wellness will enable the colostrum market exhibit 5.5% y-o-y growth in 2021
• The focus on maintaining a healthy lifestyle has been increasing in the U.S., enabling the country account for above 60% of colostrum sales in North America in 2021
• Increasing consumption dietary supplements in the U.K., will enable the colostrum market exhibit above 5% y-o-y growth in 2021
• The demand from Germany and France is forecast to surge considerably in response to the increasing demand for natural ingredients in food products
• According to FMI, China will hold more than 60.8% of the share in East Asia in the year 2021. It is estimated to increase in the coming years, which is indicative of the notable scope for the expansion of companies operating in the market

“With the rising demand forcolostrum, several manufacturers are responding with fresh, high-quality innovations that satisfy customers. The key players in the colostrum market are spending increasingly on research and development, which has resulted in the launch of various new products. In recent years, the industry has seen a slew of new product releases, many of which have boosted sales”- said a lead analyst at FMI

Benefits of Colostrum-based Functional Food

Functional foods are enriched(fortified) with essential nutrients; as consumer concerns about food and health have increased, functional foods have become more common. Functional food products have a metabolic benefit over dietary supplements in that they are delivered to the consumer in a natural form rather than as a tablet or syrup.

Furthermore, rather than being used as medication, functional food items may be eaten as part of a balanced diet. Colostrum-based functional foods promote the growth of beneficial bacteria in the human body, and colostrum applications in functional foods, particularly beverages, are on the rise. Nutrition factors, proteins, carbohydrates, lipids, and other nutrients are all contained in colostrum-based functional foods.

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Target Lactose Intolerant Consumers by Offering Yoghurt-based Colostrum Products

Usage of yoghurt in colostrum products is increasing due to the presence of beneficial bacteria such as a bifid bacterium, which ensures longer shelf life of colostrum products. It encourages the growth of good bacteria in the human body while eliminating bad bacteria. Combining yoghurt with colostrum products improves lactose digestion and helps to eliminate symptoms of lactose intolerance. Thus, manufacturers are gaining profits by increasing offerings of yoghurt-based colostrum products for lactose intolerance consumers to increase the sales of colostrum products globally.

Colostrum has numerous applications in the food & beverages industry such as functional beverages, Infant food, sports nutrition,animal nutrition and dietary supplements due to their nutritional and functional characteristics. They are additionally utilized as ingredients in cosmetic and pharmaceuticals.

Animal Feed- a Lucrative Sector

Colostrum in animal feed produces immunoglobulin that provides passive immunity to animals in the early months of their lives. Demand for colostrum-based animal products is increasing due to the nutritional properties that provide essential nutrients to calves and lambs. Hence, demand for bovine colostrum is expected to increase for application in animal feeds in the near future. Manufacturers are gaining profits from this scenario by offering animal-specific colostrum products.

Who is winning?

Some of the key players operating in the Colostrum market are, Colostrum BioTec GmbH, Zuche Pharmaceuticals, BiodanePharma A/S, Agati Healthcare Pvt. Ltd., McePharma, Cure Nutraceuticals Pvt. Ltd., Ingredia Nutritional (Ingredia S.A.), Sterling Technology, Biotaris B.V., NIG Nutritionals Limited, La Belle Inc. and other players.

Get Valuable Insights into Colostrum Market

Future Market Insights, in its new report, presents an unbiased analysis of the colostrum, covering historical demand data and forecast figures for the period between 2021 and 2031. The study divulges compelling insights into the growth witnessed in the market. Based on the Colostrum Market based on nature, has been classified into organic and conventional.Based on product type, the Colostrum market is segmented into whole (Whole Colostrum Powder, Skim Colostrum Powder, Specialty Colostrum Powder) and colostrum finished products (Capsules, Chewable Tablets, Individuals Sachets, Specially Formulated Products). In terms of end-use has been classified B2B (Dietary Supplements, Sports Nutrition, Functional Foods, Animal Nutrition, Cosmetics, Infant Formula, Pharmaceuticals). Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa.

About Food Market Division at FMI

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

Red berries are gaining popularity as a natural ingredient, with global demand growing by 1.9% volume in 2016. The all-pervasive, ‘health and wellness’ trend will continue to influence demand positively, as global revenues are expected to surpass US$ 18.5 Mn in 2016, up from US$ 18.1 Mn in 2015.

Beverages will remain the largest application segment for red berries, accounting for 5.3 Mn tonnes of demand in 2016. This is an increase of over 3.5% over 2015. Dairy products, the second largest application segment will grow by 2.8%.

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By berry type, grapes will continue to witness highest demand from end-use industries, growing by 3.2% in 2016. This will represent a market value of over US$ 8.9 Mn.

By product type, juice concentrates will maintain their dominance in 2016 as well, representing over 34.3% revenue share of the market. Juice concentrates volume will grow by 3.6% in 2016, and total US$ 6.4 million in revenues.

Western Europe, the largest market for red berries, will increase its revenue share of the market to 25.5%. North America the second largest market will register impressive growth in 2016.

Ocean Spray Cranberry Inc., Döhler Group, SunOpta, Inc., Hortex Group, Milne Fruit Products, Fruit d’Or, Townsend Farms, Inc., Kerr Concentrates Inc., Maberry & Maberry Berry Associates, Pacific Coast Fruit Products Ltd., NorthWest Berry Co-op and Berryhill Foods Inc. are some of the key players in this market. Leading companies are focusing on expanding their production capacity and launching new product offerings to meet the growing demand for red berries. Developing economies, where there is rapid growth in demand for natural ingredients, are expected to remain a key target market for red berry manufacturers.

Long-term outlook: FMI maintains a positive long-term outlook on the global red berries market, estimating global revenues projected to reach US$ 24.9 Mn by 2026.

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By Berry Type

• Cranberry
• Strawberry
• Red Raspberry
• Cherry
• Grapes
• Redcurrants

By Application

• Dairy
• Bakery & Confectionery
• Beverages
  • Alcoholic
  • Non-Alcoholic
• Snack Food
• Nutraceuticals
• Sauces & Fruit Preserve

By Product Type

• Frozen
  • IQF
  • Freeze Dried
• Puree
• Juice Concentrate
• Powder
• Not From Concentrate

By Nature

• Organic
• Conventional

By End Use

• Bulk
• Retail

Key Regions/Countries Covered

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excluding Japan (APEJ)
• Middle East & Africa (MEA)

Agar being used as an essential natural ingredient in food and beverages; in technical application; in bacteriological and many other sectors is propelling the demand for agar. Future Market Insights (FMI) estimates global agar volume to surpass 10,968.8 tonnes by 2016 end and represent market value of over US$ 220,838.5.

In global market, the demand for agar is dominated by food and beverage segment which especially includes bakery and dairy products. Companies dealing in agar products are promoting agar as an ingredient which has natural and health benefits. Apart from its wide application in food and beverages industry, its application is also increasing in cosmetics, pharmaceuticals, media culture and medical analytics.

Food and beverage industry is the largest segment which are preferring agar as a thickener and stabilising agent and is expected to account for over 84.0% value share in 2016. Moreover, food and beverage segment is expected to reach 9,216.8 tonnes in 2016 – an increase of 1.5% over 2015.

The form segment includes strips and powder. With powder segment registering significant revenue generation and estimated to account for 63.5% value share in 2016. FMI estimates global consumption of agar powder to surpass 6,969.7 tonnes by 2016 end, an increase of 1.7% in 2016 over 2015.

In terms of consumption, Western Europe is the largest consumer with the total consumption estimated at 3,012.7 tonnes in 2015. Among all the regions, APEJ is predicted to observe robust growth over forecast period 2016–2026.

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Agarmex, New Zealand Manuka Group, Hispanagar, Acroyali Holdings Qingdao Co. Ltd., Industrias Roko, S.A, Neogen, Merck Group, Agarindo Bogatama, Setexam and Norevo Gmbh are the major companies identified across the value chain in the global agar market. Companies are also emphasising on research and development for application of agar in technical applications.

Long-Term outlook:FMI seeks a positive long-term outlook on global agar market and anticipated global value of agar to surpass US$ 357,091.6 by 2026. Volume-wise, the global agar market is estimated to expand at a CAGR of 2.6% through 2026.

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By Application

By Form

• Food & Beverages
  • Bakery
  • Confectionery
  • Dairy
  • Canned meat/poultry products
  • Beverages
  • Sauces, creams & dressings
  • Dietetic products
  • Others

• Bacteriological
  • Culture media
  • Microbiology
• Technical Applications
  • Cosmetology
  • Medical applications
• Others

By Form

• Splits
• Powders

Key Regions/Countries Covered

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excluding Japan (APEJ)
• Middle East & Africa
• Japan

As per ESOMAR-certified consulting firm Future Market Insights (FMI), the animal feed additives market reached US$ 16,364.1 Mn in 2021. With increasing adoption of protein-based animal feed additives, the market is poised to expand at a steady 2.70% CAGR between 2021-2031.

The increasing demand for high-quality and nutritious animal products such as eggs, meat, and milk have underscored the need for a balanced diet in livestock. Driven by this, farmers are heavily investing in animal feed additives to suffice the dietary requirements in livestock, thereby promoting sales in the market.

Moreover, the ever-increasing meat consumption in various countries is generating demand for animal feed additives in animal husbandry and pisciculture.

To promote better health and productivity in animals, governments in various countries have banned the use of antibiotics in animal feed, which is increasing the adoption of plant-based animal feed additives in the market.

Stringent regulations regarding product labeling are encouraging producers to improve ingredient selection and enhance research and development for launching better products in the market. Increasing awareness regarding a balanced diet in the livestock industry will remain a major factor driving sales in the market.

As per FMI’s regional analysis, the U.S. will dominate the animal feed additives market, owing to the presence of well-established agriculture and livestock industry. Apart from this, the growing population and meat consumption in the country is anticipated to shoulder market growth in the near future.

“Rising meat consumption across the world, coupled with demand for high-quality and nutrient-rich anima-based products, will provide tailwinds to animal feed additives sales growth through 2031,” says the FMI analyst.

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Key Takeaways from Animal Feed Additives Market Analysis

• Amino acids will emerge as the most preferred product type, owing to their health benefits including improved digestion and gut health.
• Animal feed additives will be widely adopted in the poultry sector, due to growing demand for eggs and chicken in several countries.
• Sales of plant-based animal feed additives will gain traction for improving the texture, taste, and odor of animal feed.
• The U.S. is anticipated to witness high demand for animal feed additives due to expansions in the agriculture and livestock industry.
• China will exhibit lucrative growth patterns, owing to increasing meat production and consumption in the country.
• Prevalence of regional and global market players will shape the sales outlook of animal feed additives in Germany.
• Growing population and shifting consumer preference towards protein-rich diet will foster sales of animal feed additives in India.
• Japan and South Korea will collectively account for 13% of the total market share.

Competitive Landscape

Ajinomoto Co., Inc., Akzo Nobel N.V., Alltech Inc., Archer Daniels Midland Company, BASF SE, Biomin GmbH, Cargill Inc., Chr. Hansen Holding A/S, CP Group, E. I. du Pont de Nemours and Company, Evonik Industries AG, Invivo Group, Koninklijke DSM N.V., Kemin Industries, Lallemand Inc., Norel S.A., Novozymes A/S, Nutreco, Phibro Animal Health Corporation, Novus International Inc., Tyson Foods, Inc., and Solvay Group are among the leading players operating in the animal feed additives market.

Top 5 players in the market include BASF SE, EVONIK INDUSTRIES AG, Cargill, Inc., Koninklijke DSM N.V., and Nutreco N.V., accounting for 30-40% of the total market share.

As per FMI’s analysis, key players operating in the market are focusing on mergers and acquisitions as a part of their inorganic growth strategies. Apart from this, production facility expansions and product portfolio advancements are helping players gain a competitive edge in the animal feed additives market. For instance:

• In May 2021, Kemin Industries acquired Bio-Cide International Inc., an Oklahoma-based leader in chlorine dioxide-based antimicrobial technology. The acquisition was aimed at strengthening Kemin Industries’ processes to provide food safety in animal feed products.
• In January 2021, Philbro Animal Health Corporation announced the opening of a new production facility in Omaha, Nebraska. The new production facility will manufacture and supply animal feed additives and mineral premixes to U.S. livestock producers while guaranteeing food safety.

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More Insights into the Animal Feed Additives Market Report

Animal Feed Additives Market by Category

By Additive Type: 

• Antibiotics
• Vitamins
• Antioxidants
• Amino Acids
• Feed Enzymes
• Feed Additives
• Minerals

By Application Type:

• Ruminants
• Poultry
• Swine
• Aquatic

By Source Type:

• Plant
• Animal
• Micro-organisms

By Region: 

• North America
• Latin America
• Europe
• Asia Pacific Excluding Japan
• Japan
• Oceania
• MEA