>Global Bovine Colostrum Market, By Product Type (Freeze Dried Type Bovine Colostrum Powder, Spray Dried Type Bovine Colostrum Powder), Nature (Organic, Conventional), Form (Liquid, Powder, Capsule, Tablet), End Use (Dietary Supplements, Sports Nutrition, Functional Food, Animal Nutrition, Cosmetics, Infant Formula, Pharmaceuticals), Distribution Channel (Direct/B2B, Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Drug Stores, Health and Wellness Stores, Other Retailing Format, Online Retailing), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Bovine Colostrum Market
The bovine colostrum market size is expected to grow at a compound annual rate of 6.00% in the forecast period 2021 to 2028 and is likely to reach USD 4.14 billion by 2028. The rise in the awareness regarding the health and wellness is the factor responsible for the growth of bovine colostrum market in the forecast period of 2021 to 2028.
Bovine colostrum is the milk which is produced by cows for the first several days following birthing. It is highly rich in antibodies, cytokines, growth factors and also protects the newborn calf from infections. Bovine colostrum supplements are being extremely used for the treatment of ailments and common diseases.
The major growing factor towards bovine colostrum market is the rise in the awareness among consumers regarding the importance of food supplements, food components, and food processing and food safety. Furthermore, the increase in disposable incomes along with increase in consumption of food items across globe are also expected to heighten the overall demand for bovine colostrum market over the forecast period of 2021 to 2028. Moreover, the incorporation of nutritional standards in food products and increase in the production capacities to produce dietary supplements are also expected to serve as foremost drivers for the bovine colostrum market at a global level. In addition, the rise in the popularity of the products for boosting muscle strength, endurance, fat-burning, lean mass gains and strengthening the immunity is also lifting the growth of the bovine colostrum market.
However, the ban on bovine colostrum in infant foods and various ill effects of the product to the health are projected to act as a restraint towards the growth of bovine colostrum market, whereas the taking bovine colostrum supplements raises ethical issues can challenge the growth of the bovine colostrum market.
Moreover, the rise in the health consciousness among consumers thereby increasing the demand for nutritional supplements and increase in the concerns regarding health and nutrition of human infants and animals are expected to further generate new opportunities for the bovine colostrum market in the forecast period of 2021 to 2028.
This bovine colostrum market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the bovine colostrum market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Bovine Colostrum Market Scope and Market Size
The bovine colostrum market is segmented on the basis of product type, nature, form, end use and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the bovine colostrum market has been segmented into freeze dried type bovine colostrum powder and spray dried type bovine colostrum powder.
- Based on nature, the bovine colostrum market has been segmented into organic and conventional.
- On the basis of form, the bovine colostrum market has been segmented into liquid, powder, capsule and tablet.
- Based on end use, the bovine colostrum market has been segmented into dietary supplements, sports nutrition, functional food, animal nutrition, cosmetics, infant formula and pharmaceuticals.
The distribution channel segment of the bovine colostrum market has been segmented into direct/B2B, hypermarkets/supermarkets, convenience stores, specialty stores, drug stores, health and wellness stores, other retailing format and online retailing.
Bovine Colostrum Market Country Level Analysis
The bovine colostrum market is analyses and market size, volume information is provided by country, product type, nature, form, end use and distribution channel as referenced above.
The countries covered in the bovine colostrum market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America leads the bovine colostrum market due to the strong presence of health-conscious consumers in the key markets such as the U.S. and Canada. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the rise in the disposable income along with the development of living standards amongst middle-class income groups of China and India.
The country section of the bovine colostrum market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bovine Colostrum Market Share Analysis
The bovine colostrum market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bovine colostrum market.
The major players covered in the bovine colostrum report are NOW Foods, Pantheryx, Genceutic Naturals, BIOSTRUM NUTRITECH PVT. LTD., Vivesa holding s.r.o., Cure Nutraceutical PVT. LTD., Biodane Pharma A/S, AGATI HEALTHCARE PVT LTD., PuraLife, LLC, Bionatin, Farbest Brands, MIP Colostrum, Sterling Technology, Colostrum Biotec GmbH, Immuno-Dynamics, Inc., ImuTek, Deep Blue Health New Zealand Ltd., NIG Nutritionals Ltd., Saskatoon Colostrum Company, and Zuche Pharmaceuticals, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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