Colostrum Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026
Sarasota, FL -- (SBWIRE) -- 10/11/2018 -- Global Colostrum Market: Overview
Colostrum as a product is a fluid or milk form rich in nutrients. This milk form is produced by mammals after or during their pregnancies. The colostrum obtained from cows contains high immunoglobulin levels, such as IgA, IgM, and IgG. The level of IgG is the highest in cow colostrum in comparison to IgA and IgM. The growth of the global colostrum market is mostly because of the various benefits of colostrum. This product is preferred for making infant formulas, as it can be easily digested. Colostrum contains high number of antibodies, which aids in strengthening one's immunity. Due to the existence of high levels of IgG, colostrum-based products help in improving the disease-fighting capabilities of the immune system. All these factors, among others, are contributing to the increasing popularity of the product.
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Global Colostrum Market: Growth Factors
The major growth driver in the global colostrum market is the rise in the health awareness among the people. In addition, the increase in the demand for colostrum-based products, such as probiotic yogurt and infant formula, is another factor fuelling the expansion of the global colostrum market. As colostrum contains a high number of protective white cells that aids in eliminating the viruses and bacteria causing diseases, people are shifting their focus toward colostrum-based products. Thus, these are some of the factors contributing to the growth of this market. There are several untapped areas in the developing and underdeveloped countries, because of lack of awareness about the product and its benefits. This presents a lot of growth opportunities in these regions.
One of the restraining factors in this market is the high costs incurred by the manufacturers for producing colostrum products of the highest quality.
Global Colostrum Market: Segmentation
The global colostrum market can be divided based on product type, form, and application. Based on product type, the colostrum market can be segmented into whole colostrum powder, specialty colostrum powder, and skim colostrum powder. On the basis of form, the global colostrum market is classified into conventional form and organic form. Based on application, the market for colostrum is divided into medical nutrition food, nutritional supplements, functional food, infant food, cosmetics, and animal feed.
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Global Colostrum Market: Regional Analysis
Based on regions, the global colostrum market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The North American region is anticipated to hold a substantial share of the global colostrum market in the upcoming years. This is due to the increase in the health awareness among the masses. The European region is also expected to show a steady growth in the global colostrum market, owing to the health benefits of the colostrum. The Asia Pacific region, especially the developing economies like China and India, shows a high growth potential in the market for colostrum due to rise in the population's disposable income.
Global Colostrum Market: Competitive Players
The key market players of the global colostrum market include La Belle Inc., APS BioGroup, Ingredia Nutritional, Biostrum Nutritech Pvt. Ltd., The Saskatoon Colostrum Co. Ltd., NIG Nutritionals Limited, Biotaris B.V., Sterling Technology and Cuprem Inc., Canadian Protein, Symco Inc., and Good Health NZ Products Ltd., among several others.
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Global Colostrum Market: Regional Segment Analysis
The Asia Pacific
The Middle East and Africa