Colostrum is a type of milk produced by mammals in their late pregnancies as well as few days after giving birth to a baby. It comprises of significant level of immunoglobulin such as IgA, IgG and IgM and is easy to grasp, thus highly preferred for new born baby in order to strengthen their immunity as it contains high amount of antibodies. The colostrum helps in digestion, enhances immune system as well as helps in destroying the diseases causing bacteria.
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The global Colostrum market is at nascent stage and is anticipated to observe robust growth over the next seven years till 2023. Rising health consciousness among parents along with significant demand for colostrum based yogurt and milk formula are factors expected to drive the growth of global colostrum market during the period 2016-2023.
At present, Asia-Pacific captured the maximum share in revenue of Colostrum market and is anticipated to dominate over the forecast period. Rising awareness related to benefits of Colostrum powder along with increasing demand in various industries such as in cosmetics and addition in nutritional supplements is projected to boost the demand for colostrum in Asia Pacific region over the coming few years and will expand the growth of the market during the forecast period. Rising trends of online purchasing is anticipated to bolster the growth of Europe & North America Colostrum market over the period 2016-2023.
The global Colostrum market is mainly concentrated in Asia. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
Global Colostrum market is segmented on the following bases:
1. By Type
a.Skim Colostrum Powder
b.Whole Colostrum Powder
c.Specialty Colostrum Powder
2. By Form
a.Conventional
b.Organic
3. By Usage
a.Nutritional Supplements
b.Animal Feeds
c.Fortified Foods
d.Clinical Nutrition Foods
e.Cosmetics
f.Infant Foods
4. By Geography
a.North America
i. U.S.
ii. Canada
b.Europe
i. U.K.
ii. France
iii. Germany
iv. Italy
v. Russia
vi. Rest of Europe
c.Asia Pacific
i. Japan
ii. China
iii. India
iv. Australasia
v. Rest of APAC
d.Rest of World
i. Latin America
1.Brazil
2.Rest of Latin America
ii.Middle-East & Africa
iii. Africa
Key Players Identified Across the Value Chain in the Colostrum Market include but are not limited to:
Biostrum Nutritech Pvt Ltd., Sterling Technology, NIG Nutritionals Ltd, Cuprem Inc., Ingredia Nutritional, APS BioGroup, Saskatoon Colostrum Co. Ltd, among others.
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