The Colostrum Global Market Report 2023, provides comprehensive information on the colostrum market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Colostrum Global Market Report 2023, the global colostrum market size is expected to grow from $1.68 billion in 2022 to $1.76 billion in 2023 at a compound annual growth rate (CAGR) of 4.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global colostrum market size is expected to reach $2.07 billion in 2027 at a CAGR of 4.1%.
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Product innovations are a key trend gaining popularity in the colostrum market. Major companies operating in the colostrum market are focused on developing innovation products to sustain their position in the market. For instance, in November 2022, Pantheryx Inc., a US-based health, nutrition, and biotechnology company that commercializes bovine colostrum products, introduced ColostrumOne extra strength, a new matrix-protected bovine colostrum for healthcare practitioners with higher immune protection than other colostrum products. In an in-vivo model of colitis, the researchers discovered that certain processing mechanisms shield bio-actives from acid and digesting enzymes, therefore preventing severe intestine damage and inflammation.
The colostrum market is segmented:
1) By Product: Whole Powder, Skimmed Powder, Specialty
2) By Form: Liquid, Powder, Capsule
3) By Source: Cow, Buffalo, Bovine
4) By Nature: Conventional, Organic
5) By Application: Dietary Supplements, Animal Feed, Cosmetics, Infant Formula, Pharmaceuticals, Nutraceuticals
Asia-Pacific was the largest region in the colostrum market in 2022.
The table of contents in TBRC’s colostrum market report includes:
- Executive Summary
- Colostrum Market Characteristics
- Colostrum Market Trends And Strategies
- Colostrum Market – Macro Economic Scenario
- Colostrum Market Size And Growth
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- Africa Colostrum Market
- Colostrum Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Colostrum Market
- Colostrum Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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