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COLOSTRUM MARKET ANALYSIS

Colostrum Market, By Type (Whole Colostrum Powder, Skim Colostrum Powder, Specialty Colostrum Powder), By Application (Functional Food & Nutritional Supplements, Medical Nutrition Foods, Animal Feed, Infant Food, Cosmetics (Personal Care products)), By Form (Organic, Conventional), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

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COLOSTRUM MARKET ANALYSIS

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker   COLOSTRUM MARKET ANALYSIS  Colostrum Market, By Type (Whole Colostrum Powder, Skim Colostrum Powder,                     Specialty Colostrum Powder), By Application (Functional Food & Nutritional                   Supplements, Medical Nutrition Foods, Animal Feed, Infant Food, Cosmetics                   (Personal Care products)), By Form (Organic, Conventional), and By Region                     (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) -                         Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027           

  2. Colostrum Market 2017-2027  Colostrum is the first milk produced by humans, cows, and other mammals that               have given birth. It is highly nutritious and contains antibodies, which are             essential to fight against infections and promote healthy growth in infants and           newborn animals. Colostrum also stimulates immunity and improve gut health as         they are a rich source of protein. Colostrum is also used to make supplements               which are known as bovine colostrum it is rich in vitamins, fats, minerals,           disease-fighting proteins, carbohydrates, growth hormones, and digestive     enzymes. Bovine colostrum is highly nutritious and contains more nutrients as           compared to regular milk.                                                                                                          The global ​colostrum market is projected to reach around US$ 2.0 billion by the           end of 2027, in terms of revenue, growing at CAGR of 4% during the forecast               period (2019-2027).                                    Drivers  The growing use of bovine colostrum by athletes which reduces the upper           respiratory tract and the intestinal damage is accelerating the market growth.           Moreover, colostrum enhances the overall athlete's immune system and is         gaining an important dietary supplement among athletes. Hence, increasing         consumption of bovine colostrum by athletes is projected to foster the market           growth of colostrum over the forecast period.                                                                The advantage of bovine colostrum such as anti-aging benefits that helps to           reduces wrinkles on the face is expected to augment the market growth of             colostrum. The growth hormone present in colostrum promotes the cell         regeneration when regularly as these hormones promote cell growth in the skin,           which ultimately enhances elasticity and thickness of the skin. Hence, anti-aging         benefits associated with the bovine colostrum is expected to augment the           market growth of colostrum over the forecast timeframe.                                                                                   On basis of the region, Asia Pacific dominated the global ​colostrum market in               2018, accounting for 40.5% share in terms of value, followed by North America             and Europe.                           

  3. Figure 1. Global Colostrum Market, Revenue Share (%), By Country, 2018    Market Restraints  Lack of awareness regarding the benefits of colostrum products is expected to           hinder the market growth of colostrum. Moreover, there are very few           associations associated with this industry such as the European Colostrum         Industry, to spread awareness among         misconceptions regarding colostrum products. This factor is hampering market       growth.                                              consumers     to       overcome   their     Intense competition in the market due to the presence of a large number of             manufacturers is projected to restrict the market growth of colostrum. Due to           intense competition there remain a barrier for a new player to enter into the           market and gain potential opportunity. This factor is expected to hinder the         market growth.                                                                  Market Opportunities  Growing demand for probiotic colostrum products around the globe is expected         to offer numerous growth opportunities to the market of colostrum. There has         been significant growth in the consumption of probiotics such as lactobacillus           acidophilus among consumers owing to its various health benefits such as         improving the health of the gut. Hence, the rising demand for probiotic colostrum                                                                                  

  4. products is projected to fuel the market growth of colostrum.  Growing demand for yoghurt in colostrum products due to the presence of           beneficial bacteria such as bifid bacterium is expected to propel the market           growth of colostrum. All the bacteria promote the growth of good bacteria in the             human body and enhances lactose digestion and eradicate symptoms of lactose           intolerance. Various manufacturers are introducing yogurt-based colostrum       products for lactose intolerance consumers and this will favor the market growth         over the forecast period.                                                                                   Figure 2. Global Colostrum Market– Opportunity Analysis    Market Trends  The rising trend of adopting smart strategies such as partnerships among major             players is projected to accelerate the market growth of Colostrum. For instance,             in July 2018, Parag Milk Foods (PMFL) announced that it is collaborating with             Swedish research organization ColoPlus AB to launch a colostrum-based       nutrition product in India. ColoPlus AB is a research and development company                 that develops colostrum-based therapeutic food.                                                            The growing trend of using colostrum as a nutraceutical for animal application             as it provides protection from a wide range of infections caused by bacteria and               viruses which is projected to augment the market growth. The colostral           immunoglobulins destroy the pathogens and protect the animals from attracting       infections. Therefore, the rising demand for colostrum-based animal feeds is                                                                        

  5. projected to propel the growth of the market.  Figure 3. Global Colostrum Market, Revenue Share (%), By Application, in  2018    On the basis of application, in 2018, the infant food has accounted the largest               market share of 41.3% in terms of value, followed by the animal feed and               functional food & nutritional supplements.                              Competitive Section:  Key players operating in global colostrum market 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, ​and​ Biotaris B.V.                              •Request Sample Report •Request Customization •Download PDF Brochure

  6. •Talk to Analyst Reference : https://www.coherentmarketinsights.com/market-insight/colostrum-market-367 1 About Us: Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. What we provide: •​Customized Market Research Services •​Industry Analysis Services •​Business Consulting Services •​Market Intelligence Services •​Long term Engagement Model •​Country Specific Analysis

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