Bovine Colostrum Market : Industry Analysis and Opportunity Assessment

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Jul 22, 2021, 05:53 EST

Shibuya-ku, Tokyo, Japan, Japan, Jul 22, 2021, 05:53 /Comserve / -- Bovine Colostrum Market Estimation, Global Share, Industry Outlook, Price Trend, Growth Opportunity and compound annual growth, in-depth qualitative analysis

The report on Bovine Colostrum Market was recently published by SDKI, which includes the latest market trends, current and future opportunities along with the factors that are driving the growth of the market. This report further encompasses the records for the expansion of the market along with information on the investment opportunities that help the clients to take positive decisions on the parameters for gaining profitable revenues. Moreover, the report also contains identification and investigation of the market structure, in-depth qualitative analysis, restraints & challenges, growth drivers, emerging product trends & market opportunities and Porter’s five forces.

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Bovine Colostrum Market: Overview

  • The global bovine colostrum market’s value stood at ~US$ 2.6 Bn in 2019. According to the report, the market is projected to reach ~US$ 4.3 Bn by 2027, at a CAGR of ~6.4%.
  • Increasing demand for functional food is driving the global bovine colostrum market. Colostrum-based functional foods promote growth of beneficial bacteria in the human body. With awareness about health benefits of colostrum spreading, its applications are increasing in functional foods and  beverages. Functional foods with colostrum offer benefits such as they promote growth and are rich in proteins, carbohydrates, lipids, and immunoglobulin.
  • Increasing use of colostrum as an ingredient in animal nutraceutical products ensures protection from a wide range of infections caused by bacteria, viruses, and parasites present in the environment. The colostrum immunoglobulin binds and make the pathogens inactive, thus protecting animals from contracting infections.

Bovine Colostrum: Market Frontrunners

  • Powder and tablet, by form type, are dominant segments in 2019 accounting for the approximately 66.4% of the market. The other segment (liquid and capsule) accounts for ~14.8% and 18.7% of the market in terms of value.
  • Functional food is a key segment of the global bovine colostrum market, in terms of end use. It is followed by sports nutrition and pharmaceuticals. These segments account for 20.9%, and 10.0% of the market, respectively, based on the value in 2019. 
  • Direct/B2B sales channel holds approximately ~33.6% of total bovine colostrum market as compared to hypermarkets/supermarkets, convenience stores, specialty stores, drug stores, health & wellness stores, online retailing, and other retailing formats in value terms.
  • Asia Pacific excluding Japan leads the global market followed by North America and Europe. Based on nature, the conventional segment holds around 87% of the total market, whereas the organic segment accounts for the remaining market share. 

Bovine Colostrum Market: Trends

  • Demand for Sports Nutrition Propels Market Growth
    • The demand for bovine colostrum is increasing for use in sports nutrition products, as it prevents from upper respiratory and intestinal injury. Hence, athletes and fitness enthusiasts are including bovine colostrum in their diet. Use of colostrum-based products boosts an athlete’s immunity during extreme physical workout and training and helps in reduction of stress. Such beneficial properties have made bovine colostrum a highly preferred ingredient in sports nutrition. Moreover, it is an important supplement for sportspersons. The rising demand for bovine colostrum, therefore, can be attributable to impressive health benefits of colostrum.
    • The demand for bovine colostrum-based infant formula is rising in developed as well as developing countries, due to high nutritional value of bovine colostrum as compared to human colostrum. Colostrum is easily digestible by infants, which is encouraging more colostrum manufacturers to produce colostrum-based infant formulations. Colostrum helps in protecting an infant’s gastrointestinal tract by preventing pathogens from penetrating the gut. It contains higher amounts of IgG immunoglobulin, which helps in strengthening the infant’s immune system.

Bovine Colostrum Market: Strategies

  • Key manufacturers in the global bovine colostrum market are introducing various products online. They are also offering attractive discounts on their listed products to boost online sales.
  • Product Innovation and Launches: Key players are offering free-from products such as hormones-free, antibiotics-free, and GMO-free
    • For instance, in 2018, Biochem Additives located in Germany launched a new product in its offerings-B.I.O.Ig Energy 15% Bovine Colostrum Powders. This product has 15% has much higher fat content as compared to the existing B.I.O.Ig products. The product has been formulated to feed newborn animals to boost their passive immunity and promotes the intestinal immunity of young animals.

Target Region for Bovine Colostrum Market

  • In terms of value, in 2019, countries in North America had the leading share of the market and are expected to remain strong. Asia Pacific excluding Japan is expected to retain the second position in the market during the forecast period.

Bovine Colostrum Market: Players

  • Some of the key players operating in the market, as profiled in the study, are 
    • 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.,


Bovine Colostrum Market - Scope of the Report

The recently published market study on the bovine colostrum market provides a detailed assessment of key market dynamics, including drivers, trends, opportunities & restraints, and detailed information about the bovine colostrum market structure. The market study presents exclusive information about how the bovine colostrum market will grow during the forecast period of 2019-2027.

Key indicators of market growth, which include year-on-year (Y-o-Y) growth of the market, value chain, supply chain analysis, and compounded annual growth rate (CAGR) are elaborated in the study in a comprehensive manner. This information is intended to help readers understand the quantitative growth prospects of the bovine colostrum market during the forecast period.

The study is intended to offer a holistic market overview to stakeholders in the bovine colostrum, including manufacturers, suppliers, distributors, and investors, and to help them develop winning growth strategies. Stakeholders in the bovine colostrum market, which include investors, industry experts, researchers, and journalists, and business researchers, can leverage the information and data presented in the study.

The study also includes statistics and facts related to the macro as well as microeconomic factors that are impacting the expansion of the market. It also offers actionable insights into the future trends in the bovine colostrum market. Furthermore, small businesses and new entrants in the bovine colostrum market can make use of the information presented in this study, based on which, they can make appropriate business decisions in order to gain momentum in the market. 

Key Questions Answered in the Bovine Colostrum Market Report

  • Which region will continue to remain the most profitable regional market for bovine colostrum market players?
  • Which factors will induce a change in the demand for bovine colostrum during the assessment period?
  • How will the changing trends impact the bovine colostrum market?
  • How can market players capitalize on the low-hanging opportunities in the bovine colostrum market in developed regions?
  • Which companies are leading the bovine colostrum market?
  • What are the winning strategies of stakeholders in the bovine colostrum market to catapult their position in the forefront?

Bovine Colostrum Market - Research Methodology   

In the study, a unique research methodology is used to conduct extensive research on the growth of the bovine colostrum market and identify future growth parameters. This research methodology is a combination of primary and secondary research, to help analysts ensure the accuracy and reliability of the conclusions.

Secondary resources referred to by analysts for compiling the bovine colostrum market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, who contributed to the development of this report as a primary resource.

Information acquired from primary resources and secondary resources is compiled in a comprehensive manner. This also acts as a validation from companies in the bovine colostrum market, which makes the projections more accurate and reliable.

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Table of Content
1. Global Bovine Colostrum Market - Executive Summary

1.1. Global Bovine Colostrum Market Country Analysis

1.2. Application – Product Mapping

1.3. Competition Blueprint

1.4. Application Time Line Mapping

1.5. TMR Analysis and Recommendations

2. Market Overview

2.1. Market Introduction

2.2. Market Definition

2.3. Market Taxonomy

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.1.1. Marketers Reach Out to Millennial

3.1.2. Desirable Health Claims by Manufacturers and Brand Owners

3.1.3. Shortened M&A Activity

3.1.4. Heightened Product Launch Frequency

3.1.5. Clean Label Products

3.1.6. Consumer Inclination Towards Natural Products

3.1.7. Rising demand for Organic, Additive-Free, Chemical-Free & Non-GMO products

3.1.8. Growing Demand for Natural Ingredients

3.2. Product Innovation / Development Trends

3.2.1. Cultural Customization to Target Specific Population and Ethnic Group

3.2.2. Creating New Delivery Mechanisms

3.2.3. Indication Specific Products

3.2.4. Shift Toward Natural Ingredients

3.2.5. Preferential Inclination towards Non-Modified Convenience Ingredients

3.2.6. Flavor to Suit Consumer Demand

4. Key Success Factors

4.1. Powerful Portfolio of Brands

4.2. Nuanced Marketing Campaigns

4.3. Exploiting Economies of Scale

4.4. Establishing Flexible Supply Chain to Optimize on Miracle Ingredients/ Products

4.5. Working in Close Vicinity of Policy

4.6. Strategic Promotional Activity

5. Product Launch Track & Trends

5.1. Key Product Launches in Last Three Years

5.2. Product Launch Frequency

5.3. Type of Launches

5.4. Regions and Countries in Focus

For more information about this report visit: Bovine Colostrum Market"

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