The global colostrum market is poised to be valued at USD 3,179.5 million in 2024. Throughout the projected period, the demand is forecasted to grow at a CAGR of 8.1%. By the time 2034 comes around, the value of the market is expected to hit USD 6,923.5 million.
Colostrum chewable tablets are set to register notable demand as the preference given to tablets by consumers due to their convenience and palatability prevails. As per the latest analysis, the chewable tablets segment is expected to account for a value share of 36.4% by 2034.
| Attributes | Key Insights |
|---|---|
| Estimated Global Colostrum Market Value (2024E) | USD 3,179.5 million |
| Projected Colostrum Market Revenue (2034F) | USD 6,923.5 million |
| Value-based CAGR (2024 to 2034) | 8.1% |
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Principal Consultant
Growing Preference for Convenient Supplements Emerging as a Key Market Trend
| Market Statistics | Details |
|---|---|
| Jan to Jun (H1), 2022 (A) | 3.1% |
| Jul to Dec (H2), 2022 (A) | 4.4% |
| Jan to Jun (H1), 2023 Projected (P) | 4.7% |
| Jan to Jun (H1), 2023 Outlook (O) | 4.1% |
| Jul to Dec (H2), 2023 Outlook (O) | 4.9% |
| Jul to Dec (H2), 2023 Projected (P) | 4.2% |
| Jan to Jun (H1), 2024 Projected (P) | 5.0% |
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The sale of colostrum was tipped to increase at a CAGR of 4.9% from 2019 to 2023. In contrast, progress is supposed to happen at a CAGR of 8.1% for the next ten years, and at the end of the forecast period, the value of the sector is set to have reached USD 6,923.5 million.
The global market for colostrum is projected to register strong growth during the assessment period. This can be attributed to growing consumer demand for high-nutritional products, growing interest in preventive healthcare, and rising awareness about the potential health benefits of colostrum.
Athletes and gym-goers are clamoring for products that help in muscle recovery and stamina. Therefore, colostrum is receiving a greater pull in the sports and fitness industry.
Consumers in developing nations are becoming a part of the consumer base more rapidly due to e-commerce activities. New markets are being tapped into with the help of online sales, boosting revenue-generating opportunities.
The demand for colostrum products is prominent in Asia, with Japan boasting of a predicted CAGR of 10.6% for the forecast period. India follows closely behind, with a CAGR of 10.1%, while the United States and China are forecasted to have CAGRs of 5.2% and 8.1%, respectively, for the forecast period.
| Countries | Expected Colostrum Market CAGR (2024 to 2034) |
|---|---|
| United States | 5.2% |
| China | 8.1% |
| Germany | 2.3% |
| India | 10.1% |
| Japan | 10.6% |
The table below shows the expected valuations of the leading nations. The United States and China are set to remain leading consumers of colostrum products, with expected valuations of USD 387.9 million and USD 295.7 million, respectively, in 2034.
| Countries | Projected Colostrum Industry Value (2024) |
|---|---|
| United States | USD 387.9 million |
| China | USD 295.7 million |
| Germany | USD 232.1 million |
| India | USD 286.2 million |
| Japan | USD 190.8 million |
The United States colostrum industry is poised to exhibit a CAGR of 5.2% during the assessment period. By 2034, the size of the industry in the United States is expected to reach the heights of USD 640.2 million.
A myriad of factors contribute to the industry's prevailing growth trends in the United States. These include factors like rapidly developing sports culture, the organic boom in the food sector, as well as functional foods becoming more popular.
Fitness culture in the United States is increasing in relevance as obesity hits critical levels. Thus, health products containing colostrum are becoming more common.
Offbeat approaches to health and fitness, such as holistic approaches are becoming more pronounced in the country. Supplements derived from natural sources are thus being accepted more in the country, laying the path for colostrum-infused supplements.
Colostrum products are becoming more broadly offered in supermarkets and online stores. This makes them more accessible to consumers and will boost colostrum sales in the nations during the assessment period.
China’s colostrum market size is expected to reach around USD 787.2 million by 2034. Sales of colostrum products in the country will likely rise at 8.1% CAGR during the forecast period.
By 2034, China’s share in the whole East Asian industry is put forward to be a notable 45.6%. Some of the key factors that boost the industry in China include the escalating use of colostrum in infant formula products, advancements in processing technology, and the focus on immunity-boosting supplements.
The cosmetics industry in China is booming as the rising population is creating a middle class that is obsessed with appearances. Further, the demand for natural products is evident in the cosmetics sector, which is where colostrum-infused products are benefitting.
Another consequence of the humongous population is the rise of infant formula. Infant formulas in China are showing a preference for colostrum due to its numerous health benefits.
China’s favorable trade policies are expanding export activities in the country. This has given Chinese colostrum manufacturers a competitive advantage over their East Asian peers.
The availability of goods at competitive prices is expected to help boost the sales of colostrum in China during the assessment period. Top manufacturers invest significantly in modern manufacturing facilities, advanced technology, and skilled labor. This will result in increased efficiency in colostrum production and lowered production costs.
Colostrum demand in Germany is anticipated to rise at a steady CAGR of 2.3% during the forecast period. By the time 2034 rolls around, Germany’s share in the European industry is put forth to be a notable 15.3%. Factors like manufacturers increasing the rollout of colostrum-infused sports nutrition products, e-commerce sales increasing, and functional foods becoming more prominent are helping sales.
The aging population of Germany is notable. Thus, immunity-boosting colostrum supplements in the country are gaining currency. Manufacturers are trying to capitalize by rolling out products targeted specifically at elderly people, also increasing advertising activities in this regard.
The availability of the product in various forms like capsules, powders, and liquids, is also making it convenient for the elderly population of the country to consume them. Consumers can easily choose any product according to their specific requirements.
Key colostrum manufacturers operating in Germany are marketing their products to reach every potential customer. This will foster the colostrum market growth in the country over the next ten years.
The table below offers deep insights into leading segments in the colostrum market. This information will likely help companies maximize profits by investing in popular products.
The chewable tablets segment is expected to dominate the industry, accounting for a revenue share of 69.7% in 2024. Based on end-use, the online retailing segment is set to expand at a CAGR of 9.5%, totaling a valuation of USD 1346.0 million in 2034.
| Segments | Value (2034) |
|---|---|
| Chewable Tablets (Product Type) | USD 1,126.3 million |
| Online Retailing (End-use) | USD 1346.0 million |
Based on product type, sales are expected to remain high for colostrum chewable tablets during the assessment period. This is due to the convenience, palatability, and other advantages of colostrum chewable tablets.
As per the latest colostrum industry analysis, the chewable tablets segment is expected to generate revenue worth USD 1,126.3 million in 2034. It will likely hold a market share of 36.4% by 2034.
Innovation is considered a must in the landscape, with leading players like PanTheryx following that philosophy. Among the other strategies being followed by enterprises include mergers, acquisitions, and distribution agreements. Celebrity endorsement is also being sought to a greater degree.
Recent Developments in the Colostrum Market
The global colostrum market value is estimated to total USD 3,179.5 million in 2024.
Global colostrum demand is expected to increase at 8.1% CAGR through 2034.
The global colostrum market size is projected to reach USD 6,923.5 million by 2034.
North America is expected to have a market share of 21.6% by the end of 2034.
The colostrum industry registered a CAGR of 4.9% from 2019 to 2023.
Yes, colostrum is available in the market.
Biostrum Nutraceutical LLP is a leading exporter of colostrum in India.
Around 200 to 3500/kg in several parts of India.
1. Executive Summary
1.1. Global Market Outlook
1.2. Segmental Share Analysis
1.3. Dynamics Snapshot
1.4. Wheel of Fortune
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition
3. Market Dynamics
3.1. Drivers
3.1.1. Supply Side Drivers
3.1.2. Demand Side drivers
3.1.3. Economic Side Drivers
3.2. Restraints
3.3. Opportunity
3.4. Market trends By Region
3.5. Forecast Factors - Relevance & Impact
3.6. Regulations and Policies
4. Global Market - Pricing Analysis
4.1. Price Point Assessment By Region
4.1.1. Manufacturer Level Pricing
4.1.2. Distributor Level Pricing
4.1.3. Retail Level Pricing
4.2. Price Point Assessment By Nature
4.3. Price Forecast till 2034
5. Value Chain Analysis
5.1. Operating margins at each node of supply chain
5.2. List of Active Market Participants
6. Global Market Size in Value (US$ million) and Volume (units) Analysis 2019 to 2023 and Forecast, 2024 to 2034
6.1. Historical Market Size in Value (US$ million) and Volume (units) Analysis, 2019 to 2023
6.2. Current and Future Market Size in Value (US$ million) and Volume (units) Analysis, 2024 to 2034
6.2.1. Y-o-Y Growth Trend Analysis
6.2.2. Absolute $ Opportunity Analysis
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Nature
7.1. Introduction / Key Findings
7.2. Historical Market Size in Value (US$ million) and Volume (units) Analysis By Nature, 2019 to 2023
7.3. Current and Future Market Size in Value (US$ million) and Volume (units) Analysis and Forecast By Nature, 2024 to 2034
7.3.1. Organic
7.3.2. Conventional
7.4. Market Attractiveness Analysis By Nature
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type
8.1. Introduction / Key Findings
8.2. Historical Market Size in Value (US$ million) and Volume (units) Analysis By Product Type, 2019 to 2023
8.3. Current and Future Market Size in Value (US$ million) and Volume (units) Analysis and Forecast By Product Type, 2024 to 2034
8.3.1. Whole
8.3.1.1. Whole Powder
8.3.1.2. Skim Powder
8.3.1.3. Specialty Powder
8.3.2. Finished Products
8.3.2.1. Capsules
8.3.2.2. Chewable Tablets
8.3.2.3. Individual Sachets
8.3.2.4. Specialty Formulated Products
8.4. Market Attractiveness Analysis By Product Type
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-use
9.1. Introduction / Key Findings
9.2. Historical Market Size in Value (US$ million) and Volume (units) Analysis By End-use, 2019 to 2023
9.3. Current and Future Market Size in Value (US$ million) and Volume (units) Analysis and Forecast By End-use, 2024 to 2034
9.3.1. B2B
9.3.1.1. Dietary Supplements
9.3.1.2. Sports Nutrition
9.3.1.3. Functional Foods
9.3.1.4. Animal Nutrition
9.3.1.5. Cosmetics
9.3.1.6. Infant Formula
9.3.1.7. Pharmaceuticals
9.3.2. B2C
9.3.2.1. Store Based Retail
9.3.2.2. Online Retailing
9.4. Market Attractiveness Analysis By End-use
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Animal Type
10.1. Introduction / Key Findings
10.2. Historical Market Size in Value (US$ million) and Volume (units) Analysis By Animal Type, 2019 to 2023
10.3. Current and Future Market Size in Value (US$ million) and Volume (units) Analysis and Forecast By Animal Type, 2024 to 2034
10.3.1. Cow
10.3.2. Buffalo
10.4. Market Attractiveness Analysis By Animal Type
11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
11.1. Introduction
11.2. Historical Market Size in Value (US$ million) and Volume (units) Analysis By Region, 2019 to 2023
11.3. Current Market Size in Value (US$ million) and Volume (units) Analysis and Forecast By Region, 2024 to 2034
11.3.1. North America
11.3.2. Latin America
11.3.3. Europe
11.3.4. East Asia
11.3.5. South Asia
11.3.6. Oceania
11.3.7. Middle East & Africa
11.4. Market Attractiveness Analysis By Region
12. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
12.1. Introduction
12.2. Historical Market Size (US$ million) and Volume(units) Trend Analysis By Market Taxonomy, 2019 to 2023
12.3. Market Size (US$ million) and Volume(units) Forecast By Market Taxonomy, 2024 to 2034
12.3.1. By Country
12.3.1.1. United States
12.3.1.2. Canada
12.3.2. By Nature
12.3.3. By Product Type
12.3.4. By End-use
12.3.5. By Animal Type
12.4. Market Attractiveness Analysis
12.4.1. By Country
12.4.2. By Nature
12.4.3. By Product Type
12.4.4. By End-use
12.4.5. By Animal Type
12.5. Key takeaways
13. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
13.1. Introduction
13.2. Historical Market Size (US$ million) and Volume(units) Trend Analysis By Market Taxonomy, 2019 to 2023
13.3. Market Size (US$ million) and Volume (units) Forecast By Market Taxonomy, 2024 to 2034
13.3.1. By Country
13.3.1.1. Brazil
13.3.1.2. Mexico
13.3.1.3. Argentina
13.3.1.4. Rest of Latin America
13.3.2. By Nature
13.3.3. By Product Type
13.3.4. By End-use
13.3.5. By Animal Type
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Nature
13.4.3. By Product Type
13.4.4. By End-use
13.4.5. By Animal Type
13.5. Key takeaways
14. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034
14.1. Introduction
14.2. Historical Market Size (US$ million) and Volume(units) Trend Analysis By Market Taxonomy, 2019 to 2023
14.3. Market Size (US$ million) and Volume(units) Forecast By Market Taxonomy, 2024 to 2034
14.3.1. By Country
14.3.1.1. Germany
14.3.1.2. United Kingdom
14.3.1.3. France
14.3.1.4. Italy
14.3.1.5. Spain
14.3.1.6. BENELUX
14.3.1.7. Nordic
14.3.1.8. Russia
14.3.1.9. Poland
14.3.1.10. Rest of Europe
14.3.2. By Nature
14.3.3. By Product Type
14.3.4. By End-use
14.3.5. By Animal Type
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Nature
14.4.3. By Product Type
14.4.4. By End-use
14.4.5. By Animal Type
14.5. Key takeaways
15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
15.1. Introduction
15.2. Historical Market Size (US$ million) and Volume(units) Trend Analysis By Market Taxonomy, 2019 to 2023
15.3. Market Size (US$ million) and Volume(units) Forecast By Market Taxonomy, 2024 to 2034
15.3.1. By Country
15.3.1.1. China
15.3.1.2. Japan
15.3.1.3. South Korea
15.3.2. By Nature
15.3.3. By Product Type
15.3.4. By End-use
15.3.5. By Animal Type
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Nature
15.4.3. By Product Type
15.4.4. By End-use
15.4.5. By Animal Type
15.5. Key takeaways
16. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
16.1. Introduction
16.2. Historical Market Size (US$ million) and Volume(units) Trend Analysis By Market Taxonomy, 2019 to 2023
16.3. Market Size (US$ million) and Volume(units) Forecast By Market Taxonomy, 2024 to 2034
16.3.1. By Country
16.3.1.1. India
16.3.1.2. Thailand
16.3.1.3. Malaysia
16.3.1.4. Indonesia
16.3.1.5. Vietnam
16.3.1.6. Philippines
16.3.1.7. Singapore
16.3.1.8. Rest of South Asia
16.3.2. By Nature
16.3.3. By Product Type
16.3.4. By End-use
16.3.5. By Animal Type
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Nature
16.4.3. By Product Type
16.4.4. By End-use
16.4.5. By Animal Type
16.5. Key takeaways
17. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034
17.1. Introduction
17.2. Historical Market Size (US$ million) and Volume(units) Trend Analysis By Market Taxonomy, 2019 to 2023
17.3. Market Size (US$ million) and Volume(units) Forecast By Market Taxonomy, 2024 to 2034
17.3.1. By Country
17.3.1.1. Australia
17.3.1.2. New Zealand
17.3.2. By Nature
17.3.3. By Product Type
17.3.4. By End-use
17.3.5. By Animal Type
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Nature
17.4.3. By Product Type
17.4.4. By End-use
17.4.5. By Animal Type
17.5. Key takeaways
18. Middle East & Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034
18.1. Introduction
18.2. Historical Market Size (US$ million) and Volume(units) Trend Analysis By Market Taxonomy, 2019 to 2023
18.3. Market Size (US$ million) and Volume(units) Forecast By Market Taxonomy, 2024 to 2034
18.3.1. By Country
18.3.1.1. GCC Countries
18.3.1.2. Turkiye
18.3.1.3. Egypt
18.3.1.4. South Africa
18.3.1.5. Rest of Middle East & Africa
18.3.2. By Nature
18.3.3. By Product Type
18.3.4. By End-use
18.3.5. By Animal Type
18.4. Market Attractiveness Analysis
18.4.1. By Country
18.4.2. By Nature
18.4.3. By Product Type
18.4.4. By End-use
18.4.5. By Animal Type
18.5. Key takeaways
19. Country-level Market Analysis, 2024
19.1. United States Market Analysis
19.1.1. By Nature
19.1.2. By Product Type
19.1.3. By End-use
19.1.4. By Animal Type
19.2. Canada Market Analysis
19.2.1. By Nature
19.2.2. By Product Type
19.2.3. By End-use
19.2.4. By Animal Type
19.3. Brazil Market Analysis
19.3.1. By Nature
19.3.2. By Product Type
19.3.3. By End-use
19.3.4. By Animal Type
19.4. Mexico Market Analysis
19.4.1. By Nature
19.4.2. By Product Type
19.4.3. By End-use
19.4.4. By Animal Type
19.5. Argentina Market Analysis
19.5.1. By Nature
19.5.2. By Product Type
19.5.3. By End-use
19.5.4. By Animal Type
19.6. Germany Market Analysis
19.6.1. By Nature
19.6.2. By Product Type
19.6.3. By End-use
19.6.4. By Animal Type
19.7. United Kingdom Market Analysis
19.7.1. By Nature
19.7.2. By Product Type
19.7.3. By End-use
19.7.4. By Animal Type
19.8. France Market Analysis
19.8.1. By Nature
19.8.2. By Product Type
19.8.3. By End-use
19.8.4. By Animal Type
19.9. Italy Market Analysis
19.9.1. By Nature
19.9.2. By Product Type
19.9.3. By End-use
19.9.4. By Animal Type
19.10. Spain Market Analysis
19.10.1. By Nature
19.10.2. By Product Type
19.10.3. By End-use
19.10.4. By Animal Type
19.11. BENELUX Market Analysis
19.11.1. By Nature
19.11.2. By Product Type
19.11.3. By End-use
19.11.4. By Animal Type
19.12. Nordic Market Analysis
19.12.1. By Nature
19.12.2. By Product Type
19.12.3. By End-use
19.12.4. By Animal Type
19.13. Russia Region Market Analysis
19.13.1. By Nature
19.13.2. By Product Type
19.13.3. By End-use
19.13.4. By Animal Type
19.14. Poland Market Analysis
19.14.1. By Nature
19.14.2. By Product Type
19.14.3. By End-use
19.14.4. By Animal Type
19.15. China Market Analysis
19.15.1. By Nature
19.15.2. By Product Type
19.15.3. By End-use
19.15.4. By Animal Type
19.16. Japan Market Analysis
19.16.1. By Nature
19.16.2. By Product Type
19.16.3. By End-use
19.16.4. By Animal Type
19.17. South Korea Market Analysis
19.17.1. By Nature
19.17.2. By Product Type
19.17.3. By End-use
19.17.4. By Animal Type
19.18. India Market Analysis
19.18.1. By Nature
19.18.2. By Product Type
19.18.3. By End-use
19.18.4. By Animal Type
19.19. Thailand Market Analysis
19.19.1. By Nature
19.19.2. By Product Type
19.19.3. By End-use
19.19.4. By Animal Type
19.20. Malaysia Market Analysis
19.20.1. By Nature
19.20.2. By Product Type
19.20.3. By End-use
19.20.4. By Animal Type
19.21. Indonesia Market Analysis
19.21.1. By Nature
19.21.2. By Product Type
19.21.3. By End-use
19.21.4. By Animal Type
19.22. Vietnam Market Analysis
19.22.1. By Nature
19.22.2. By Product Type
19.22.3. By End-use
19.22.4. By Animal Type
19.23. Philippines Market Analysis
19.23.1. By Nature
19.23.2. By Product Type
19.23.3. By End-use
19.23.4. By Animal Type
19.24. Singapore Market Analysis
19.24.1. By Nature
19.24.2. By Product Type
19.24.3. By End-use
19.24.4. By Animal Type
19.25. Australia Market Analysis
19.25.1. By Nature
19.25.2. By Product Type
19.25.3. By End-use
19.25.4. By Animal Type
19.26. New Zealand Market Analysis
19.26.1. By Nature
19.26.2. By Product Type
19.26.3. By End-use
19.26.4. By Animal Type
19.27. GCC Countries Market Analysis
19.27.1. By Nature
19.27.2. By Product Type
19.27.3. By End-use
19.27.4. By Animal Type
19.28. Turkiye Market Analysis
19.28.1. By Nature
19.28.2. By Product Type
19.28.3. By End-use
19.28.4. By Animal Type
19.29. Egypt Market Analysis
19.29.1. By Nature
19.29.2. By Product Type
19.29.3. By End-use
19.29.4. By Animal Type
19.30. South Africa Market Analysis
19.30.1. By Nature
19.30.2. By Product Type
19.30.3. By End-use
19.30.4. By Animal Type
20. Market Structure Analysis
20.1. Global Market Competition - a Dashboard View
20.2. Industry Structure Analysis
20.2.1. % tier 1 Market players
20.2.2. % tier 2 Market players
20.2.3. % tier 3 Market players
20.3. Global Market Company Share Analysis
20.3.1. For Tier 1 Market Players, 2023
20.3.2. Company Market Share Analysis of Top 5 Players, By Region
20.4. Key Participants Market Presence (Intensity Mapping) By Region
21. Competition Analysis
21.1. Competition Dashboard
21.2. Competition Benchmarking
21.3. Competition Deep Dive
21.3.1. BioTec GmbH
21.3.1.1. Product Portfolio
21.3.1.2. Product Claim
21.3.1.3. Revenue By Market Segments (Product Type/Source/Nature/End-use/Region)
21.3.1.4. Sales Footprint
21.3.1.5. Strategy Overview
21.3.1.5.1. Marketing Strategy
21.3.1.5.2. Product Strategy
21.3.1.5.3. Channel Strategy
21.3.1.6. SWOT Analysis
21.3.2. Zuche Pharmaceuticals
21.3.3. Good Health New Zealand
21.3.4. Biodane Pharma A/S
21.3.5. Ingredia Nutritional (Ingredia S.A.)
21.3.6. Agati Healthcare Pvt. Ltd.
21.3.7. McePharma
21.3.8. Cure Nutraceuticals Pvt. Ltd.
21.3.9. Australian By Nature
21.3.10. NIG Nutritionals Limited
21.3.11. Biotaris B.V.
21.3.12. La Belle Inc.
21.3.13. Sterling Technology
21.3.14. Biostrum Nutritech Pvt. Ltd.
21.3.15. Pantheryx Inc.
21.3.16. Others (on additional request)
22. Assumptions and Acronyms
23. Research Methodology
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Colostrum Market
