Colostrum Market

Colostrum Market Outlook from 2024 to 2034

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%

Colostrum Market Overview

• Colostrum is rich in nutrients and antibodies and has immune-boosting substances.
• Importance of colostrum in the nutrition of babies is becoming more apparent, as it fights against infections and helps in development, thus raising the profile of the market.
• As knowledge about the various benefits of the product, such as regulating blood sugar, becomes common knowledge, demand for colostrum-based products is multiplying.
• Distribution of colostrum in supplement form is a prime avenue for growth.
• Increasing consumption of colostrum supplements, including colostrum chewable tablets and colostrum capsules is expected to boost market growth through 2034.
• Colostrum is rich in immunoglobulins and has other immune-boosting properties. It also contains essential proteins, vitamins, minerals, and antibodies, which is attracting more consumers.
• As consumers are becoming more health-conscious and are seeking ways to enhance their immune system, there is a growing demand for colostrum-based products as a natural source of immune support. This will likely support the colostrum market’s expansion over the next ten years.
• Use of colostrum is not limited and the product is applied in industries from pet nutrition to cosmetics to infant formulas, providing a wide playing field to suppliers.
• Stakeholders are benefitting from the sales of numerous colostrum-based products, including supplements and skincare products.
• Through the means of informative packaging, suppliers are hoping to make the health benefits of the product more prominent, thereby increasing curiosity and in turn sales.
• Manufacturers are relying on advancements in technology to produce colostrum products that are convenient but also safe for consumers.
• Through research manufacturers are hoping to cross new horizons and develop more novel offerings, getting more information about the product’s bioactive compounds and health benefits.
• New colostrum products are being continuously launched to meet increasing demand from diverse industries. For instance, in 2021, Cogent Breeding launched a new Primestart colostrum product, which is a replacer for the new-born calf. The new product contains naturally sourced colostrum and is rich in energy.

Other Factors Fueling Growth of Colostrum Industry

• Rising health awareness and increasing need for nutritional supplements
• Surging demand for natural health supplements
• Expansion of the sports nutrition industry is expected to fuel the market growth
• Colostrum's moisturizing and rejuvenating properties are attracting consumers and influencing colostrum sales
• Increasing demand for functional foods containing colostrum
• Rising incidence of chronic diseases and health conditions like gastrointestinal disorders and autoimmune disorders
• Growing popularity of colostrum among fitness enthusiasts and athletes
• Surging demand for animal-derived protein alternatives
• Expanding usage of colostrum in the infant nutrition industry
• Increasing usage of products like whole colostrum powder, skim colostrum powder, and specialty colostrum powder across diverse sectors

Key Global Colostrum Market Trends

Growing Preference for Convenient Supplements Emerging as a Key Market Trend

• Growing demand for convenient and portable supplements is a key factor driving the global colostrum industry
• Escalating interest in natural health products
• Continuous product innovation will play a key role in fostering market development
• E-commerce sales to provide boost to revenue
• Eco-friendly packaging material emerging as consumer choice in a prominent way
• Preventive healthcare becoming more common all over the world
• Enhanced nutraceutical demand leading to greater sales of colostrum-enriched nutraceuticals

Semi-annual Market Update

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%

2019 to 2023 Colostrum Sales Outlook Vs. Demand Forecast from 2024 to 2034

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.

• Consumers are more aware than ever about the gut-brain connection and are seeking products improving gut health. This is where colostrum products are stepping in as they support the development of a healthy gut lining.
• Cosmetic application is a significant avenue for revenue for suppliers, with the product’s skin-rejuvenating properties making it a hit among both consumers and cosmetic manufacturers.

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.

Country-wise Insights

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

Fitness and Sports Culture Driving Colostrum Demand in the United States

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.

Expanding Infant Formula Market Bolstering Colostrum Sales in China

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.

Availability of Colostrum Products in Different Forms Boosting Germany’s Market

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.

Category-wise Insights

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

Chewable Tablets Remain Top Selling Products in the Market

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.

• Children are becoming more prominent in the consumer base as chewable tablets are incorporating pleasant tastes, reducing apprehension.
•  Convenience afforded by chewable tablets cannot be underestimated. Aside from children, even adults are more inclined towards the ease of use regarding tablets.
• Portable nature of chewable tablets makes them become more convenient accessories, being able to be carried to schools, offices, and trips as well as also being helpful in times of emergencies.

Competitive Landscape

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

• In October 2021, ColostrumOne Extra Strength was introduced by PanTheryx.
• In 2022, PanTheryx announced its entrance in China through Alibaba’s Tmall Global, which is China’s largest online marketplace.
• In April 2023, PanTheryx unveiled ‘Life’s First Naturals PRO ColostrumOne Extra Strength.’ It is the company’s second product line for healthcare practitioners to support the professional market. The new product is rich in protective proteins, such as lactoferrin and proline-rich polypeptides, as well as prebiotics, which assist the growth of beneficial bacteria in the gut.

Key Players in the Colostrum Market Include

• Colostrum BioTec GmbH
• Zuche Pharmaceuticals
• Good Health New Zealand
• Biodane Pharma A/S
• Ingredia Nutritional (Ingredia S.A.)
• Agati Healthcare Pvt. Ltd.
• McePharma
• Cure Nutraceuticals Pvt. Ltd.
• Australian by Nature
• NIG Nutritionals Limited
• Biotaris B.V.
• La Belle Inc.
• Sterling Technology
• Biostrum Nutritech Pvt. Ltd.
• Pantheryx Inc.

Key Coverage in the Colostrum Market Report

• Adjacent Study on Plant-based Protein Market, Bovine Colostrum Market, and Global Colostrum Powder Market
• Comparative Analysis of Organic Colostrum and Conventional Colostrum
• Detailed Nutritional Supplements Market Outlook
• Applications of Colostrum in the Sports and Fitness Industry
• Future Outlook of the Asia Pacific Colostrum Market
• Opportunities for Colostrum Market in India
• Insights into Bovine Colostrum Constituents and Uses
• Information about Colostrum Components, Including Immune Cells (Lymphocytes) and Antibodies like IgA, IgM, and IgG

Colostrum Industry by Category

By Nature:

• Organic
• Conventional

By Product Type:

• Whole
  • Whole Colostrum Powder
  • Skim Colostrum Powder
  • Specialty Colostrum Powder
• Colostrum Finished Products
  • Capsules
  • Chewable Tablets
  • Individual Sachets
  • Specialty Formulated Products

By End-use:

• B2B
  • Dietary Supplements
  • Sports Nutrition
  • Functional Foods
  • Animal Nutrition
  • Cosmetics
  • Infant Formula
  • Pharmaceuticals
• B2C
  • Store-based Retail
  • Online Retailing

By Animal Type:

• Cow
• Buffalo

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa

Frequently Asked Questions

How much is the colostrum market worth?

The global colostrum market value is estimated to total USD 3,179.5 million in 2024.

What is the demand outlook for colostrum?

Global colostrum demand is expected to increase at 8.1% CAGR through 2034.

What is the expected colostrum industry size by 2034?

The global colostrum market size is projected to reach USD 6,923.5 million by 2034.

Which region is expected to dominate the colostrum industry?

North America is expected to have a market share of 21.6% by the end of 2034.

What was the historical CAGR for the colostrum industry?

The colostrum industry registered a CAGR of 4.9% from 2019 to 2023.

Is colostrum available in the market?

Yes, colostrum is available in the market.

Who is the exporter of colostrum in India?

Biostrum Nutraceutical LLP is a leading exporter of colostrum in India.

What is the price of colostrum per kg?

Around 200 to 3500/kg in several parts of India.