#Colostrum Market Size

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Animal Feed Organic Trace Mineral Market Trends and Analysis: Comprehensive Overview of Market Size, Share, and Growth

We all are encouraged to have a healthy diet in our lives. Milk and other dairy items, along with meat and poultry products, are all said to help us in maintaining a fit lifestyle. What the most crucial aspect is here, is that the health of the animals, who are the source of these products, should be optimum, and this is where animal feed organic trace minerals come into the picture. We may not know a thing about them; however, this is a very important part in a farmer’s handbook. How, you might ask?

The answer is, organic trace minerals are added to animal feed in order to improve its quality. They are made by connecting minerals to organic molecules such as polysaccharides and amino acids, and are also referred to as chelates. Animal feed organic trace minerals offer multiple benefits, in terms of immunity, reproduction, growth and digestion. They are found in both organic and inorganic sources, and include zinc, manganese, copper and cobalt. When added to animal feed, they provide enhanced gut absorption and improved bioavailability.

A Boon For Animals!

Animal feed organic trace minerals, when fed to cows, can lead to birth of healthy calves with string immune systems. Additionally, they can also help in production of optimal quality colostrum, while also helping cows in recovering from calving quicker. These minerals are of greater importance during stressful events or when the environment conditions are not suitable. These conditions include pre-calving, when a cow transfers nutrient to her developing calf; during bull development and pre-breeding for improving the quality and quantity of semen.

So, which are the major products involved in the animal feed organic trace minerals market? The important ones include:

 - Zinc, in the form of zinc oxide, can be used as a trace element for livestock. Zinc, besides iron, is the most important trace element and plays a critical role in the functioning of more than 300 hormones and enzymes, while also having an important function in defense enzymes. Deficiency of zinc causes poor growth, appetite loss, and poor feed conversion rate.

 - Is an important animal feed organic trace mineral. It is found in ample amount in most of the animal feeds, and is necessary for hemoglobin formation. Iron deficiency can be an issue in young suckling pigs, who require an iron injection or fresh soil access in order to meet their iron needs.

 - A very vital component for enzyme systems that are involved in iron transport and metabolism, immune function and red blood cell formation in animals. Countries such as United States have made it a common practice to supplement broiler and swine diets with 125-250 ppm additional copper to enhance growth and health.

 - This has become an essential trace mineral for ruminants, as it is essential for fertility and normal growth, as well as preventing health disorders such as mastitis and calf scours. Selenium being a component of glutathione peroxidase which prevents cell damage, is necessary in animal feeds. However, a large dosage of selenium as an animal feed organic trace mineral can prove toxic, so proper care should be taken.

 - This animal feed organic trace mineral is commonly used in the form of its oxide in mineral mixes. It is necessary for normal reproduction in the animals, and fetal and udder development.

 - This mineral is very necessary in the diet of ruminants such as sheep, cattle and goats, for the synthesis of vitamin B12, which is essential for energy metabolism and red blood cell production. Cobalt deficiency in soil causes vitamin B12 deficiency in livestock.

A large number of raw material suppliers are present in the animal feed organic trace minerals market. Korea Zinc Group, Nyrstar, Codelco, and BHP Billiton Ltd. supply raw materials, such as zinc, copper, iron, and manganese, to this industry. The market is driven by the growing demand for animal feed. Increasing per capita consumption of meat was one of the major factors propelling the growth of animal feed organic trace minerals. In 2016, the U.S. led the market in per capita meat consumption with 97.1 kg, and was followed by Australia with 94.8 kg. Argentina, Uruguay and Israel rounded off the top 5 per capita meat consumption countries.

A Necessity For Cattle All Across The Globe

Asia Pacific witnessed the highest demand for organic trace minerals in animal feed in 2016 owing to high demand from the poultry and swine segments. This region was characterized by the availability of cheap labor and abundant raw materials. An increase in the demand for organic trace minerals from China, India, and Japan has played a key role in the growth of the animal feed organic trace minerals market in this region.  North America was one of the largest consumers of compound feed in the dairy cattle segment in 2016.

Certain factors such as production efficiency, cost control, and scale of operation determine the profitability of this industry. New technologies and systematic supply chain management have driven the dairy industry globally. Growing market for products such as butter, yogurt, ice cream, and cheese has provided a boost to this segment, which, in turn, has positively impacted the demand for animal feed organic trace minerals.

Feed law in Europe allows for a wide range of trace mineral additives to be used in cattle nutrition, while also regulating the maximum inclusion level in the final feed. Even though the past few years have seen multiple reductions in the maximum feed inclusion levels of some trace minerals, there have been factors which have led to increased demand for animal feed organic trace minerals: teat canal keratinization, regeneration after calving, and physiological and environmental stress. The European market has seen the introduction of several categories of animal feed organic trace minerals of manganese, copper, zinc and iron since the 1990s.

Industry Developments

The global animal feed organic trace minerals market is characterized by the presence of a large number of manufacturers having a strong technical know-how and dense distribution networks. Biochem; Tanke Biosciences Corp.; Mercer Milling Co., Inc.; Novus International, Inc.; Royal DSM NV; and Zinpro Corp. are some of the well-known players. Major organic trace mineral manufacturers, including Alltech, Inc.; Archer Daniels Midland Company; Cargill, Inc.; and Kemin Industries, are headquartered in the United States.

Some of the major developments in the animal feed organic trace minerals industry include:

Alltech launched an in-vitro fermentation laboratory, called the Alltech IFM™, in collaboration with the Harper Adams University, in the U.K., in February 2020. Alltech IFM is a nutritional tool that simulates rumen fermentation and evaluates digestibility of forages and feed within the animal. The tool can help farmers and feed manufacturers identify barriers to achieving the optimal rumen function, while helping to reduce energy losses and feed wastage.

Kemin Industries announced its Ruminant Essentialities portfolio of products for the Europe, Middle East and North Africa region. The company had completed the portfolio with its KESSENT product range and the CholiGEM in October 2019, with the former making them the only provider of Methionine and Lysine, while the latter supports animal health improvement.

In October 2019, Nutreco signed a deal to acquire the compound feed business of Cargill in Portugal. The deal involves Cargill’s compound feed production for the Portugese market, while its two plants in the country will also be transferred to Nutreco as part of the deal. The business would become a part of Nanta, which is Nutreco’s Iberian animal feed business.

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Colostrum Market: Current Trends, Business Opportunities, Challenges & Industry Analysis by 2030

Colostrum Industry Overview

The global colostrum market size was estimated at USD 3,362.7 million in 2023 and is expected to grow at a CAGR of 7.2% from 2024 to 2030.

There’s a rising interest in natural health solutions and alternative medicine among consumers. Colostrum aligns well with this trend, being a natural substance with a long history of traditional use for its purported health benefits. As people seek ways to support their immune systems and overall well-being, colostrum emerges as an attractive option due to its potential to enhance immune function, support gut health, and aid in tissue repair. Colostrum’s unique composition also offers significant benefits for sports nutrition regimens.

It provides essential growth factors aiding cellular growth and repair, which is particularly crucial for maintaining intestinal barrier integrity post-intensive training sessions. In addition, colostrum contains immunoglobulins that support the immune system during athletic training. Immune factors like lactoferrin, lysozyme, and lactoperoxidase possess antimicrobial properties, supporting the immune system against the physiological stress of physical training. Moreover, colostrum's complex oligosaccharides nourish beneficial gut bacteria and improve the gut microbiome, which rigorous training can negatively impact. Owing to such factors, there is a growing adoption of colostrum among athletes and consumers who take part in regular intensive training.

Gather more insights about the market drivers, restrains and growth of the Colostrum Market

Global Colostrum Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global colostrum market report based on nature, source, form, distribution channel, and region:

Nature Outlook (Revenue, USD Million, 2018 - 2030)

Organic

Conventional

Source Outlook (Revenue, USD Million, 2018 - 2030)

Cow

Buffalo

Goat

Form Outlook (Revenue, USD Million, 2018 - 2030)

Powder

Whole Colostrum Powder

Skim Colostrum Powder

Specialty Colostrum Powder

Capsules

Chewable Tablets

Liquid

Stick

Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

B2B

Functional Foods & Dietary Supplements

Animal Nutrition

Cosmetics

Infant Formula

Pharmaceuticals

B2C

Hypermarkets & Supermarkets

Convenience Stores

Online

Pharmacy & Drug Stores

Others

Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

Germany

UK

Spain

Italy

France

Asia Pacific

China

India

Japan

Australia & New Zealand

Central and South America

Brazil

Middle East & Africa

South Africa

Browse through Grand View Research's Beauty & Personal Care Industry Research Reports.

The U.S. personal care products market size was valued at USD 73.17 billion in 2023 and is projected to grow at a CAGR of 6.1% from 2024 to 2030. 

The global snail beauty products market size was estimated at USD 563.4 million in 2023 and is projected to grow at a CAGR of 9.0% from 2024 to 2030.

Key Colostrum Company Insights

The market is highly competitive, with a range of companies offering various forms. Many big players are increasing their focus on new form launches, partnerships, and expansion into new markets to compete effectively.

Key Colostrum Companies:

The following are the leading companies in the colostrum market. These companies collectively hold the largest market share and dictate industry trends.

Glanbia PLC

Cure Nutraceutical Pvt. Ltd.

Colostrum BioTec GmbH

INGREDIA s.r.o.

Biotaris

NOW Foods

Agati Healthcare

Vivesa holding s.r.o.

Zuche Pharmaceuticals

Deep Blue Health NZ

Recent Developments

In January 2024, Nuchev, a company specializing in infant products, expanded its offerings to include bovine products targeting immunity and digestion, inspired by consumer research in Australia and China. The new Oli6 Immunity + full cream milk powder contains colostrum, vitamins A and D, and lactoferrin to support immunity and overall health. The product is available in Australia and China through various distribution channels, with plans to explore in Southeast Asia

In April 2023, PanTheryx introduced a new product line tailored for healthcare practitioners, known as Life’s First Naturals PRO ColostrumOne Extra Strength. This innovative line is specifically crafted to bolster immune and digestive health in adults and children. The supplement is engineered using high-grade bovine colostrum and proprietary technology to enhance immune bioactives.

Order a free sample PDF of the Colostrum Market Study, published by Grand View Research.

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Nutraceuticals Market Is Expected To Grow Swiftly By 2030

The global nutraceuticals market size is projected to reach USD 599.71 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to grow at a CAGR of 9.6% from 2024 to 2030. Rising awareness regarding calorie reduction and weight loss in the major markets including the U.S., China, and India is expected to promote the application of the health and wellness segment and thus, in turn, will have a substantial impact on the industry.

Nutraceuticals are products that provide health advantages and additional nutrition to the human body. It comprises fortified nutrients, such as taurine, CoQ10, omega-3, calcium, zinc, and antioxidants, that develop the complete health of consumers. These nutrients further benefit in averting medical conditions such as hypertension, diabetes, heart diseases, and allergies. As nutraceuticals develop the digestive and immune systems and enhance the cognitive behavior of consumers, their demand is witnessing a surge at the global level.

The increasing trend among consumers to alter dietary habits is likely to boost the demand for nutraceuticals. The consumer belief that improper diet results in an increase in the costs of pharmaceuticals is anticipated to boost the demand for nutraceuticals. This would also help the government as it would result in lesser expenditure on healthcare and low social security costs.

A rise in disposable income, increasing consumer awareness concerning health issues, and rapid urbanization are likely to boost the market growth over the forecast years. A positive outlook towards medical nutrition owing to the high prevalence of weight management programs, along with cardiovascular diseases, is anticipated to propel the product demand.

The rise and evolution of wellness-focused diets such as keto and paleo are driving food producers to cater their products in this direction. Functional food products such as probiotics and omega-3 are highly used in yogurt and fish oils to reduce the risk of cardiovascular diseases and develop the quality of intestinal microflora, which is further projected to fuel the growth of the functional food segment over the coming years.

Request a free sample copy or view report summary: Nutraceuticals Market Report

Nutraceuticals Market Report Highlights

Based on ingredient, in 2023, probiotics held a dominant position in the market; with a share of 27.7% owing to the majority of food manufacturing companies using probiotics as a primary ingredient to provide better nourishment and reduce health problems caused by harmful bacteria

The vitamins segment captured a significant market share in 2023. The segment is expected to witness significant growth in the coming years

In terms of product, the functional foods segment dominated the market with a revenue share of 37.65% in 2023. Rising healthcare costs, coupled with the increasing geriatric population across the world, are anticipated to assist the segment growth over the forecast period

North America held the largest revenue share of over 34.90% in 2023. The growing health concerns amongst consumers and increasing awareness regarding nutraceuticals are likely to be the major drivers of the North America market.

The market represents a highly competitive landscape. Key market players dominate the market space and have been focusing on various strategic initiatives including mergers & acquisitions, product innovation, and portfolio expansion

Nutraceuticals Market Segmentation

Grand View Research has segmented the global nutraceuticals market based on ingredient, product, application, and region:

Nutraceuticals Ingredient Outlook (Revenue, USD Million, 2018 - 2030)

Aloe vera

Amino acids

Botanical Ingredients

Ashwagandha

Curcumin

Ginseng

Hemp

Others

Cannabidiol (CBD)

Carbohydrates

Carnitine

Food Color

Carotenoids

Astaxanthin

Lutein

Lycopene

Other carotenoids (Zeaxanthin, Betacarotene)

Spirulina

Collagen

Colostrum

Cultures and fermentation starters

Dairy ingredients

Emulsifiers

Enzymes

Essential oils

Fat replacers

Fats and oils

Fibers

Flavors

Fruit and vegetable products

Glucosamine / Chondroitin

Isoflavones

Juices and concentrates

Krill

Lipids / Fatty Acids

Marine ingredients

Minerals

Calcium

Iron

Magnesium

Selenium

Others

Omega-3s

Marine Derived

Plant-derived

Prebiotics

Probiotics

Proteins

Sweeteners

Stevia

Monkfruit

Others (Honey, sucrose, fructose, etc.)

Vitamins

Vitamin A

Vitamin B

Vitamin C

Vitamin D

Vitamin E

Vitamin K

Whey proteins

Other

Nutraceuticals Product Outlook (Revenue, USD Million, 2018 - 2030)

Dietary supplements

Functional foods

Functional beverages

Nutraceuticals Application Outlook (Revenue, USD Million, 2018 - 2030)

Allergy & intolerance

Animal nutrition

Healthy ageing

Bone & joint health

Cancer prevention

Children's health

Cognitive health

Diabetes

Digestive / Gut health

Energy & endurance

Eye health

Heart health

Immune system

Infant health

Inflammation

Maternal health

Men's health

Nutricosmetics

Oral care

Personalized nutrition

Post Pregnancy and reproductive health

Sexual health

Skin health

Sports nutrition

Weight management & satiety

Women's health

Other

Nutraceuticals Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

Germany

France

Italy

UK

Spain

The Netherlands

Asia Pacific

China

Japan

India

Australia & New Zealand

South Korea

Central & South America

Brazil

Argentina

Middle East & Africa

UAE

South Africa

List of Key Players in the Nutraceuticals Market

DSM

Amway

Pfizer Inc.

Nestle

The Kraft Heinz Company

The Hain Celestial Group, Inc.

Nature's Bounty

General Mills Inc.

Danone

Tyson Foods

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Areca Nut Industry Set for Robust Expansion by 2033

The areca nut market is anticipated to increase from US$ 867.4 million in 2023 to US$ 1,851.6 million in 2033. According to FMI, the market is expected to expand at a CAGR of 7.9% during the projected period. The CAGR in the historical period was 1.9%.

Areca nut, the seed of areca palm, commonly known as betel nut or supari, is a major commercial fruit In Southeast Asian countries. Red areca nut and white areca nut are the two varieties of areca nut popularly used. The white areca nut is produced from ripe nuts, while the red areca nuts are obtained from the green areca nut. Areca nuts have polysaccharides, polyphenols, proteins, and fiber.

Knowledge is power! Request our latest sample report to stay informed and gain a deeper understanding of the thriving Colostrum Market with comprehensive market analysis and valuable insights @ https://www.futuremarketinsights.com/reports/sample/rep-gb-6070

The increasing demand for areca nut is encouraging manufacturers to introduce innovative products, ensuring a promising future market expansion. The ever-growing demand for areca nut products in the global market can be attributed to the following demand drivers

Areca nut, betel leaf, tobacco, and slaked lime are often chewed as mild stimulant in many parts of Asia.

In traditional medicine systems, such as Ayurveda and Chinese medicines, areca nut is used for its distinct medicinal properties.

In various religious traditions and practices, areca nut holds cultural significance.

In some regions, the seeds extracted from the areca nut palm are used as natural dyes.

The areca nut oil is used as a natural insecticide and repellent.

Regularly consumption of areca nuts can cause severe health hazards, including throat and mouth cancer. These several health implications have resulted in the posing of various regulations over the areca nut production and consumer industries by the government of India and many other governments. Also, the increasing awareness about health and fitness among consumers has seriously restrained the growth of the areca nut market. The growth of the areca nut market is also hindered by the dependence on weather conditions and the growth of consumer industries.

Read the Entire Report @ https://www.futuremarketinsights.com/reports/areca-nut-market

The dominant players in the market are engaged in processing areca nuts and extracting tannin, which is produced from immature areca nuts. In the cosmetic and wine industry, tannin has great demand, and thus market players have an opportunity to explore these industries in the areca nut market.

India continues to have an increased demand for areca nuts due to their use in religious practices and consumption in different forms, like fresh, dried, roasted, and cured. This increases the expectation of a rise in demand in India.

India is the largest manufacturer and consumer of areca nuts in the world. Due to the cultural fabrication of areca nuts in such Asian countries, the demand is expected to grow despite health concerns.

Key Takeaways

By 2033, the areca nut market in the United Kingdom is likely to expand, with a CAGR of 5.5%.

In 2022, the United States dominated the areca nut market with a share of 13.5%.

The areca nut market was significantly expanding, with a size of US$ 834 million in 2022.

The areca nut sector expanded at a CAGR of 1.9% from 2018 to 2022.

By 2033, China's areca nut market is projected to expand, with a CAGR of 3.8%.

In 2022, Germany expanded significantly in the areca nut business, with a share of 7.0%.

By 2033, India is projected to grow considerably in the areca nut market, with a share of 4.8%.

In 2022, Australia developed in the areca nut business, with a share of 0.3%.

Japan's areca nut industry share expanded, with a 0.8% share in 2022.

Competitors Winning Strategies

The numerous players in the areca nut market are indulged in the production, buying, and selling of different forms and types of betel nut. Partnerships and collaborations have been one of the most used strategies in recent times. This has helped the key players in expanding their market range.

The primary region of areca nut market operations is Asia, and some of the key players in the market include

Manikchand Group

Muthu Areca

KM Foods

Aditya Birla Group

Raj Exim

PT. Mahkota Group

Chin Yo Co., Ltd

Recent Developments

In September 2022, the Indian government allowed the import of 17,000 metric tons of green areca nut without MIP condition from Bhutan yearly, subject to a valid registration certificate by the government.

In May 2022, CAMPO Ltd. requested the External Affairs Ministry to block the movement of areca nuts at ICP in Manipur as it affects the domestic and local markets, causing distress to the farmers.

In 2021, the promotion of betel nuts was banned in China on public and social platforms like television and radio owing to the cancer risk that is caused by areca nuts.

Key Segmentation:

By Processing:

Chali (Ripe Sun-Dried Nuts) Processed

Red Boiled (Tender or Mature Nuts)

By Varieties:

Indian Areca Nut Varieties

South Kanaka (South Kanara, Karnataka)

Thirthahali (Maland, Karnataka)

Rotha (Costal Maharashtra)

Mettupalayam (Mettupalayam, Tamil Nadu)

Kahikuchi (Northeast India)

Mohitnagar (West Bengal)

Non-Indian Varieties

Mangala (China)

Sumangala (Indonesia)

Sree Mangala (Singapore)

Others

By Region:

North American

Latin American

European

Asia Pacific

Middle East and African

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Colostrum Market Size Is Likely To Reach USD 1.84 Billion By 2025: Grand View Research Inc.

Colostrum Market Size Is Likely To Reach USD 1.84 Billion By 2025: Grand View Research Inc.

San Francisco, 11 June 2020: The Report Colostrum Market Size, Share & Trends Analysis Report By Product (Whole Powder, Skimmed Powder, Specialty), By Application (Nutritional Supplementation, Animal Feed), By Region, And Segment Forecasts, 2019 – 2025

The global colostrum market size is expected to reach USD 1.84 billion by 2025, according to a new report by Grand View Research, Inc. It is…

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Global Bovine Colostrum Market - Forecast (2022 - 2027)

The Global Bovine Colostrum market is estimated to be $229.4 million in 2021 growing at a CAGR of 3.8% over the forecast period 2022-2027. Bovine Colostrum is a milky liquid produced by cows' udder during the first few days after birth before genuine milk appears. Proteins, carbs, lipids, vitamins, minerals, and antibodies (proteins that fight disease-causing agents like bacteria and viruses) are all found in it. Colostrum antigen levels can be 100 times higher than those found in conventional cow's milk. Owing to their amino acid composition and excellent protein digestibility, particularly of whey proteins, milk proteins are considered a "complete protein" source, while colostrum has higher quantities of immunoglobulins, which are less digestible. Carbohydrates in Bovine Colostrum include lactose, oligosaccharides, glycolipids, glycoproteins, and nucleotide sugars, according to NCBI. Lactose is the most common saccharide in Bovine Colostrum, accounting for approximately 2.5 percent of the total, which is lower than in mature bovine milk or human milk. According to recent studies, bovine milk includes oligosaccharides that are similar to HMO, implying a similar protective effect and driving the Global Bovine Colostrum industry.

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Report Coverage

The report: “Global Bovine Colostrum market – Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the Global Bovine Colostrum market.

By Form: Powder, Liquid, Capsules, Others

By Application:  Dietary Supplements, Pharmaceuticals, Nutritional supplements, Infant Formulas, Sports Nutrition, Cosmetics, Animal Nutrition, Others

By Distribution Channel: Online Channels, Supermarkets/Hypermarkets, Convenience Stores, Others

By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Netherlands, Denmark, Sweden, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Colombia, and Rest of South America), and Rest of the World (the Middle East, and Africa).

Key Takeaways

Bovine colostrum is in high demand owing to an increase in the use of dietary supplements. The manufacturing of bovine colostrum products is also being driven by the rising occurrence of immunodeficiency illnesses among children.

Colostrum is being used more frequently in newborn foods, cosmetics, and dietary supplements, which is driving increasing demand.

Increased use of Bovine colostrum by pregnant women and diabetic patients for immune system development is boosting the market growth.

Manufacturers are creating Bovine colostrum products in various forms, including capsules and chewable pills, to meet the demand, which has been steadily expanding.

Detailed analysis on the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Global Bovine Colostrum Market report.

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Global Bovine Colostrum Market Segment Analysis – By Form:

The Global Bovine Colostrum market based on Form can be further segmented into Powder, Liquid, Capsules, Others. The tablet sector held a dominant market share in the year 2021. Bovine Colostrum helps babies and newborn animals grow and thrive, but studies show that taking bovine colostrum tablets can boost immunity, combat infections, and enhance gastrointestinal health in adults. Supplements containing bovine colostrum have grown in popularity in recent years owing to their potential to boost immunity, combat infection, and enhance gastrointestinal health. However, the Liquid form sector is predicted to grow at a faster rate with a CAGR of 4.2% over the forecast period of 2022-2027. Some dairy products, such as yogurt, cheese, and kefir, now use liquid bovine colostrum as an ingredient. Several studies are focusing on the manufacture of dairy meals with the addition of bovine colostrum to assure its acceptability for human consumption. Bovine colostrum added to dairy products is claimed to provide a better and healthier product for humans. In the context of yogurt manufacturing, the inclusion of bovine colostrum enhanced total protein content, total solids, IgG, lactoferrin, and minerals when compared to standard yogurt.

Global Bovine Colostrum Market Segment Analysis – By Application:

The Global Bovine Colostrum market based on Application can be further segmented into Dietary Supplements, Pharmaceuticals, Nutritional supplements, Infant Formulas, Sports Nutrition, Cosmetics, Animal Nutrition, Others. Dietary Supplements held a dominant market share in the year 2021. Bovine colostrum supplements are widely advertised for the treatment of a variety of maladies and disorders. As a result, enterprises in the market landscape are expanding their dietary supplement production capacities. This explains why the dietary supplements end-use sector in the bovine colostrum market is expected to create the highest market share. As a result, companies are stepping up their research efforts to include enough immunoglobulins in dietary supplements to help improve the human digestive tract. However, the Cosmetics sector is predicted to grow at a faster rate with a CAGR of 4.5% over the forecast period of 2022-2027. Bovine colostrum is a prominent ingredient in various skin care products targeted at reducing skin irritation and indications of age in the beauty and cosmetics business. Bovine colostrum, when used in cosmetics, has antimicrobial properties and illuminates the skin. For example, Viveza Holding's MCE Pharma announced the debut of a complete line of premium cosmetics, food & dietary supplements, and capsules containing Bovine colostrum as a significant ingredient.

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Global Bovine Colostrum Market Drivers

Rising Usage of Bovine Colostrum By Athletes is fueling the market growth

The market is developing owing to the increasing usage of bovine colostrum by athletes, which helps to minimize upper respiratory tract and intestinal damage. Furthermore, colostrum improves an athlete's general immune system and is becoming a popular nutritional supplement among athletes. As a result, rising consumption of bovine colostrum by athletes is expected to drive colostrum market growth throughout the forecast period. According to NCBI, bovine colostrum has been shown to improve endurance cycling performance and enhance recovery from an acute exercise session, it may be beneficial to athletes who are doing high-intensity training (HIT) on consecutive days or competing with little rest time between sessions. A reduction in exercise duration to fatigue at 110% of anaerobic threshold, a decrease in submaximal exercise heart rate, and a lowering in the anaerobic threshold have all been linked to HIT periods in athletes.

Global Bovine Colostrum Market Challenges

Lack of Awareness regarding Benefits of Colostrum Products is Hindering the Market Growth.

Colostrum's market expansion is projected to be hampered by a lack of awareness about the benefits of colostrum products. Furthermore, there are just a few groups linked with this industry, such as the European Colostrum Industry, that work to raise consumer knowledge and dispel myths about colostrum products. This factor is stifling market expansion. Owing to the huge number of manufacturers in the industry, the intense rivalry is expected to limit the growth of the colostrum market. Owing to fierce rivalry, a new player's entry into the market and prospective opportunity remain a challenge. This aspect is predicted to hinder market expansion. However, innovative product launches by players may support market growth. For instance, in 2018, Biochem Additives located in Germany launched a new product in its offerings-B.I.O.Ig Energy 15% Bovine Colostrum Powders. 

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Global Bovine Colostrum Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Global Bovine Colostrum market. The top 10- Global Bovine Colostrum market companies are-

APS Biogroup

Biostrum Nutritech Pvt. Ltd.

La Belle, Inc.

Sterling Technology

Good Health NZ Products Ltd.

The Saskatoon Colostrum Co. Ltd.

NIG Nutritionals Limited

Ingredia Nutritional

Cuprem Inc.

Biotaris B.V

Recent Developments

In May 2021, Surat District Cooperative Milk Producers Union Limited (SUMUL) announced the launch of a 'cow colostrum powder' to strengthen the immunity of Covid-19 patients in India, dubbed 'Sumul Immune Powder'.

In April 2021, Kiylos Nutrition established a relationship with Pantheryx to represent its premium brand and add bovine colostrum to their product offering.

In November 2019, PanTheryx, a biotechnology company, stated that its wholly-owned subsidiary APS Biogroup has reached a multimillion-dollar partnership with Vita Dairy, the leading Vietnamese nutritional dairy manufacturer.