Colostrum is a white fluid that is released by mammals before commencing breastfeeding. It is proteinaceous, dense in nutrients and is highly concentrated. The most important reason for colostrum being crucial to a newborn’s diet is it helps in building the baby’s immune system. Cow colostrum has been widely used for producing bovine colostrum supplements. They are similar to human colostrum as they can also resist bacteria, improve gut health and develop immunity. Such a large-scale consumption of colostrum will significantly contribute to the market growth.
According to Global Market Insights Inc., the colostrum market size is estimated to exceed USD 325 million by the end of 2027.
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Growing awareness amongst consumers in developing and improving their immune systems and overall health has bolstered the usage of colostrum. It is especially helpful to babies as it stimulates the proliferation of mucus membranes that protect the baby’s intestines. Colostrum also improves the baby’s bowel movements.
Speaking of babies’ nutrition, the infant food segment is poised to record a CAGR of 3.5% during the projected timeframe. With the ongoing COVID-19 pandemic, immunity care has been the topmost priority for people across the world. The immune system of infants develops gradually. Consuming nutrient-dense foods like colostrum helps in developing their immune system at a faster rate, thus boosting the segment growth.
The soaring consumption of food products adulterated with fertilizers and pesticides has increased serious health concerns. But an increase in the health-conscious population has boosted the demand for organic colostrum. Growing usage of organic products has boosted the overall market. The market size of the organic colostrum exceeded USD 37.5 million in 2020. It is predicted that the segment will flourish over the forecasted timeframe owing to increased consumer awareness pertaining to toxin-free food products.
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Rising urbanization and unhealthy lifestyle have increased the obesity levels of people in Europe. This is one of the main reasons the Europe colostrum market proliferated in 2020 recording a remuneration of USD 71.5 million. That apart, colostrum is also used in skincare products due to its advantages like faster skin healing, hydration, acne breakouts, healing sun damage, fine lines and skin irritations.
When it comes to products, the natural state and prolonged shelf life of whole colostrum powder will support the segment to spur at a CAGR of more than 3% in the coming years.
Furthermore, skim colostrum powder segment that recorded annual revenue of more than USD 88.5 million in 2020 will also expand significantly. The growth is attributed to its low-fat nature increasing its preference among the health conscious consumers.
Some of the key market players associated are Colostrum Biotech GmbH, PanTheryx, Ingredia Nutritional, The Farbest Brands, Sterling Technology, Saskatoon Colostrum Co. and Cure Nutraceutical Pvt. Ltd.
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However, the colostrum market may suffer some growth impedance with the emerging trend of vegan population. People adopting veganism do not consume animal-based products which can refrain them from having bovine colostrum supplements owing to their origin from cow milk. Such a soaring trend will hamper the production of colostrum products, resulting in the declination of industry growth.
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Related Report from Other Source: Colostrum Market revenue to hit $325 million by 2027, Says Global Market Insights, Inc.
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