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Global Bovine Colostrum Industry Market Dynamics & Strategic Insights 2021-2030
Bovine colostrum is a milky fluid that comes from the breasts of cows the first few days after giving birth before true milk appears. It contains proteins, carbohydrates, fats, vitamins, minerals, and specific kinds of proteins called antibodies that fight disease-causing agents such as bacteria and viruses. Antibody levels in bovine colostrum can be 100 times higher than levels in regular cow's milk. Bovine colostrum is most commonly used for diarrhea and other infections.
Global Bovine Colostrum Market іѕ ѕеgmеntеd on the bаѕіѕ оf Nature (Organic and Conventional)Form (Liquid, Powder, Capsule, and Tablet) End-Use (Dietary Supplements, Sports Nutrition, Functional Food, Animal Nutrition, Cosmetics, Infant Formula, and Pharmaceuticals) and Sales Channel (Direct/B2B, Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Drug Stores, Health & Wellness Stores, Other Retailing Format, and Online Retailing) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Bovine Colostrum Market wаѕ vаluеd аt USD 2845.5 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 6.5% frоm 2021 tо 2030.
The report on Global Bovine Colostrum Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Bovine Colostrum Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Bovine Colostrum Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Bovine Colostrum Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective order to provide a holistic view of the Global Bovine Colostrum Market.
Market Dynamics:
Increasing use of bovine colostrum and growing preference of the product among the consumer due to their properties and applications are key factors expected to fuel the growth of the global bovine colostrum market over the forecast period. Also, the increasing use of bovine colostrum having immune booster properties and more imperative health benefits is another factor expected to boost the growth of the market. Also, it reduces the indications of upper way infections who are fitness enthusiasts and reduces critically infectious diarrhea in people, particularly with HIV or AIDS diseases. The bovine colostrum is beneficial for people and children having weaker immunity and prevents the flu and helping those who have heart diseases are factors expected to drive the growth of the global market.
However, the risk of stomach infection is a major factor expected to hamper the growth of this market over the forecast period.
Increasing opportunity for major players in the infant formula, due to bovine colostrum offers proteins and improves the immunity in babies is expected to create new opportunities in terms of revenue for players operating in the target market over the forecast period.
Segmental Analysis:
Among the nature segments, the conventional segment is accounted for a major revenue share in the global market. This is primarily due to the milk treated before it is consumed to make it is safe for humans.
Among the form segments, the tablet and powder segment is expected to hold a major revenue share in the global market. This is due to powder easily blends with beverage products and the tablets consumed by athletes and persons with significant conditions.
Among the end-use segments, the functional food segment is projected to grow at a significant revenue share in the market, due to it is easier to blend bovine colostrum with functional foods and substantial demand in the market. The pharmaceuticals and sports nutrition is considerable growth in the market, owing to increasing demand from athletes and fitness enthusiasts for the colostrum.
Among the distribution channel segment, the retail segment is expected to register a significant share in the global market. The hypermarkets, supermarkets, and convenience stores segment hold a significant share in the global market. The drug stores segment is expected to register a considerable growth rate in the global market in the coming years due to the product heaving applications in the pharmaceutical sector. The online retail segment is to register decent growth in the global market, due to the manufacturers are directly connecting with the consumers, and a lot of companies are selling their products through E-Commerce websites.
Regional Analysis:
The North America market is expected to account for the highest share in terms of revenue in the global bovine colostrum market, increasing R&D activities, healthcare infrastructure, and presence of major players operating and presence of the dairy industry in the countries in this region. Increasing mergers and acquisitions between regional and international players are expected to support the growth of the target market in this region.
The Asia Pacific market is anticipated to register highest CAGR over the next few years. This can be attributed to increasing government spending on the development of healthcare infrastructure and the presence of prominent players investing substantial resources in colostrum milk products in economies such as India and China in the region.
Global Bovine Colostrum Market Segmentation:
Segmentation by Nature:
• Organic
• Conventional
Segmentation by Form:
• Liquid
• Powder
• Capsule
• Tablet
Segmentation by End Use:
• Dietary Supplements
• Sports Nutrition
• Functional Food
• Animal Nutrition
• Cosmetics
• Infant Formula
• Pharmaceuticals
Segmentation by Sales Channel:
• Direct/B2B
• Hypermarkets/Supermarkets
• Convenience Stores
• Specialty Stores
• Drug Stores
• Health & Wellness Stores
• Other Retailing Format
• Online Retailing
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Playes:
NOW Health Group, Inc.
APS Biogroup
Sovereign Laboratories
Genceutic Naturals
Biostrum Nutritech Pvt. Ltd.
Vivesa holding s.r.o.
Cure Nutraceutical PVT. LTD.
iodane Pharma A/S
Agati Healthcare Pvt Ltd
PuraLife, LLC.
Bionatin Bv
Farbest Brands
MIP Colostrum NZ
BIN Science LLC.
Jarrow Formulas Inc.,
Global Bovine Colostrum Market іѕ ѕеgmеntеd on the bаѕіѕ оf Nature (Organic and Conventional)Form (Liquid, Powder, Capsule, and Tablet) End-Use (Dietary Supplements, Sports Nutrition, Functional Food, Animal Nutrition, Cosmetics, Infant Formula, and Pharmaceuticals) and Sales Channel (Direct/B2B, Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Drug Stores, Health & Wellness Stores, Other Retailing Format, and Online Retailing) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Bovine Colostrum Market wаѕ vаluеd аt USD 2845.5 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 6.5% frоm 2021 tо 2030.
The report on Global Bovine Colostrum Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Bovine Colostrum Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Bovine Colostrum Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Bovine Colostrum Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective order to provide a holistic view of the Global Bovine Colostrum Market.
Market Dynamics:
Increasing use of bovine colostrum and growing preference of the product among the consumer due to their properties and applications are key factors expected to fuel the growth of the global bovine colostrum market over the forecast period. Also, the increasing use of bovine colostrum having immune booster properties and more imperative health benefits is another factor expected to boost the growth of the market. Also, it reduces the indications of upper way infections who are fitness enthusiasts and reduces critically infectious diarrhea in people, particularly with HIV or AIDS diseases. The bovine colostrum is beneficial for people and children having weaker immunity and prevents the flu and helping those who have heart diseases are factors expected to drive the growth of the global market.
However, the risk of stomach infection is a major factor expected to hamper the growth of this market over the forecast period.
Increasing opportunity for major players in the infant formula, due to bovine colostrum offers proteins and improves the immunity in babies is expected to create new opportunities in terms of revenue for players operating in the target market over the forecast period.
Segmental Analysis:
Among the nature segments, the conventional segment is accounted for a major revenue share in the global market. This is primarily due to the milk treated before it is consumed to make it is safe for humans.
Among the form segments, the tablet and powder segment is expected to hold a major revenue share in the global market. This is due to powder easily blends with beverage products and the tablets consumed by athletes and persons with significant conditions.
Among the end-use segments, the functional food segment is projected to grow at a significant revenue share in the market, due to it is easier to blend bovine colostrum with functional foods and substantial demand in the market. The pharmaceuticals and sports nutrition is considerable growth in the market, owing to increasing demand from athletes and fitness enthusiasts for the colostrum.
Among the distribution channel segment, the retail segment is expected to register a significant share in the global market. The hypermarkets, supermarkets, and convenience stores segment hold a significant share in the global market. The drug stores segment is expected to register a considerable growth rate in the global market in the coming years due to the product heaving applications in the pharmaceutical sector. The online retail segment is to register decent growth in the global market, due to the manufacturers are directly connecting with the consumers, and a lot of companies are selling their products through E-Commerce websites.
Regional Analysis:
The North America market is expected to account for the highest share in terms of revenue in the global bovine colostrum market, increasing R&D activities, healthcare infrastructure, and presence of major players operating and presence of the dairy industry in the countries in this region. Increasing mergers and acquisitions between regional and international players are expected to support the growth of the target market in this region.
The Asia Pacific market is anticipated to register highest CAGR over the next few years. This can be attributed to increasing government spending on the development of healthcare infrastructure and the presence of prominent players investing substantial resources in colostrum milk products in economies such as India and China in the region.
Global Bovine Colostrum Market Segmentation:
Segmentation by Nature:
• Organic
• Conventional
Segmentation by Form:
• Liquid
• Powder
• Capsule
• Tablet
Segmentation by End Use:
• Dietary Supplements
• Sports Nutrition
• Functional Food
• Animal Nutrition
• Cosmetics
• Infant Formula
• Pharmaceuticals
Segmentation by Sales Channel:
• Direct/B2B
• Hypermarkets/Supermarkets
• Convenience Stores
• Specialty Stores
• Drug Stores
• Health & Wellness Stores
• Other Retailing Format
• Online Retailing
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Playes:
NOW Health Group, Inc.
APS Biogroup
Sovereign Laboratories
Genceutic Naturals
Biostrum Nutritech Pvt. Ltd.
Vivesa holding s.r.o.
Cure Nutraceutical PVT. LTD.
iodane Pharma A/S
Agati Healthcare Pvt Ltd
PuraLife, LLC.
Bionatin Bv
Farbest Brands
MIP Colostrum NZ
BIN Science LLC.
Jarrow Formulas Inc.,
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
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