According to a new report published by AkVis Intelligence, titled, “Colostrum Powder Market by Source, Product, Nature, Applications, And Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2024–2032,” the Global Colostrum Powder market size was valued at USD 903.01 Million in 2023, and is projected to reach USD 1191.67 Million by 2032, registering a CAGR of 3.13% from 2024 to 2032. Colostrum powder is a supplement made from the milk produced by mammals, especially in the initial days of childbirth. It is often utilized as a dietary supplement to boost the immune system, improve gut health, enhance athletic performance, and promote overall well-being.
Colostrum powder is famous for its ability to enhance the immune system due to its high levels of antibodies, which can help defend against different infections. Colostrum powder contains lactoferrin, which helps promote the growth of beneficial bacteria in the intestines, thus supporting digestive health. It may assist in alleviating symptoms of gastrointestinal issues like diarrhoea.
The sports and fitness industry have seen a notable increase in growth, with athletes and fitness fans seeking ways to improve performance, accelerate recovery, and enhance overall health, leading to the rise in popularity of colostrum powder. This is because of its ability to improve endurance and aid in muscle recovery. Thus, people are becoming more and more aware of the immune-boosting and athletic performance advantages of colostrum powder. Colostrum powder, recognized for its ability to assist in tissue growth, enhance skin health, and provide essential nutrients, has become a trendy supplement that has boosted its popularity.
Nutraceuticals, particularly colostrum, are considered as healthier alternatives to traditional pharmaceutical drugs. The colostrum powder is derived from mammals and a natural substance, aligns with the increasing attraction towards natural and holistic health products. Nutraceuticals are in high demand because of the growing health consciousness and knowledge of the advantages of a healthy lifestyle. Colostrum powder is well-known for its immune system-boosting, digestive health-promoting, and potential athletic performance and general health benefits. Creative product innovation in the nutraceutical sector has led to the development of fresh and enhanced colostrum offerings, such as capsules, powders, and liquids, allowing for a variety of product choices.
Global Colostrum Powder Market, Segmentation
The Colostrum Powder market is segmented based on Source, Product, Nature, Applications, Distribution Channel, and region.
Nature:
The rise in consumer demand for organic products is a result of growing awareness about the harmful effects of chemical fertilizers, pesticides, and genetically modified ingredients. The organic colostrum powder is sourced from cows that are raised organically, fed organic diets, and are free from synthetic hormones or antibiotics, supporting the organic movement. Organic colostrum powder lacks synthetic chemicals or additives, guaranteeing safety and purity.
Strict regulations and certifications are being implemented by governments and regulatory bodies for organic products. These regulations ensure that organic colostrum powder meets the prescribed standards for organic agriculture and is officially certified as organic. Typically, organic farming techniques tend to be pricier, resulting in elevated costs for such goods.
Distribution Channel:
E-commerce websites have a wide variety of colostrum powder choices for customers to choose from, catering to their unique preferences and requirements. Online retail platforms consistently have a good inventory of products available. Online retail stores provide a convenient and easy shopping experience for consumers, enabling them to explore and buy products from the comfort of their homes, making shopping hassle-free.
The increase in internet usage, widespread availability of smartphones, and enhanced digital connectivity have all contributed to the growth of online shopping. Online retailers often offer competitive prices and attractive discounts to encourage customers to choose online platforms for purchasing colostrum powder. Online retail stores enable customers worldwide to buy colostrum powder products because of their international reach.
Region:
North America has a strong healthcare system with excellent medical facilities that support the high demand for colostrum powder in hospitals, clinics, and research centers. Consumers in North America are more and more interested in their health and wellness, seeking out natural and functional food items to support their overall well-being. Colostrum powder is recognized for its health benefits, such as strengthening the immune system, promoting gut health, and improving athletic performance. North America has a high disposable income and a history of investing in nutritional supplements and functional foods, with consumers willing to invest in premium products that offer potential health benefits.
Some of The Active Market Players Are-
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- Zuche Pharmaceuticals (China)
- Agati Healthcare Pvt. Ltd. (India)
- McePharma (Czech Republic)
- Ingredia Nutritional (France)
- APS BioGroup (United States)
- Biostrum Nutritech Pvt. Ltd (India)
- Source Naturals (United States)
- Biochem (United States)
- Morlife Pty Ltd (Australia)
- Biolife (Sweden)
- Now Foods (United States)
- Sterling Technology (United States)
- PanTheryx (APS BioGroup and La Belle Inc) (United States)
- The Saskatoon Colostrum (Canada)
- Good Health NZ Products (New Zealand), and Other Major Players.
Key Industry Developments
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- November 2023: Nuchev introduced its initial bovine offering, "Oli6 Immunity +", designed for children and adults in school. This item contains high levels of minerals, which aid in maintaining the health of bones and the heart. Vitamins A & D and Lactoferrin are also present in it.
- November 2023: NOW has released a new product, Calm & Focus with Zembrin & GABA, aimed at providing cognitive support in today's highly stressed society. Zembrin is a new, patented, scientifically researched extract of the South African succulent plant Sceletium tortuosum that can provide individuals with control over their lives through promoting feelings of peaceful tranquility and sharp focus.
Key Findings of the Study
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- Global Colostrum Powder market growth driven by increasing awareness about the nutritional and health benefits of colostrum powder.
- The demand for nutraceuticals has risen due to increased health awareness and understanding of the benefits of a healthy lifestyle and the colostrum powder is famous for its ability to enhance the immune system.
- Organic colostrum powder is seen as being more beneficial and less risky than conventional colostrum powder because it does not contain any artificial chemicals or additives.
North America possesses a strong disposable income and a tradition of investing in nutritional supplements.