Market Overview:
The global bovine colostrum powder market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The growth in the market can be attributed to factors such as rising awareness about the benefits of colostrum, increasing demand for functional foods and supplements, and growing number of health-conscious consumers. Based on type, the global bovine colostrum powder market is segmented into spray dried powder and freeze dried powder. The freeze dried powder segment is expected to register a higher CAGR during the forecast period owing to its superior quality and longer shelf life as compared to spray dried powder. Based on application, the global bovine colostrum powder market is segmented into nutra powders, capsules/tablets, and other applications. The nutra powders segment accounted for majority share of the global market in 2017 and is projected to grow at a higher rate during the forecast period owing to rising demand for healthy food products across all regions.
Product Definition:
Bovine Colostrum Powder is the thick, yellowish fluid secreted from the mammary glands of cows in the first few days after giving birth. It is important for newborn calves as it contains antibodies and other nutrients that help protect them from disease.
Spray Dried Powder:
Spray dried powder is a by-product obtained during the process of milk drying. Spray dried powder has high nutritional value and can be used as an alternative to fresh powdered milk in many food products such as bakery, beverages, ice cream, etc. The spray dried powder is also being preferred over regular powdered milk owing to its longer shelf life which is approximately 18 months compared to 2-3 months for powdered milk.
Freeze Dried Powder:
Freeze dried powder is a method of preserving food products by freeze drying it. It is also known as cold-chain technology. The process preserves various nutrients and increases shelf life of the product with less moisture content, which makes it ideal for long-distance transportation and storage.
The global market for freeze dried powder in bovine colostrum powders was estimated at USD 31 million in 2016.
Application Insights:
The other application segment includes food and pharmaceuticals. The colostrum powder is widely used in the food industry as it is a rich source of proteins, carbohydrates, vitamins and minerals. It also helps in maintaining the digestive system health by strengthening immunity against infections. In developed countries like U.S., Canada and Australia where animal protein intake is high, demand for bovine colostrum has increased significantly over the past few years owing to rising awareness among consumers about healthy lifestyle practices followed by majority of population globally.
In addition, increasing consumer preference for natural products with no or minimal side effects on human body has led to increased use of bovine colostrum powder in cosmetics & personal care products such as hair care preparations shampoo bars and face creams among others which can be taken directly or mixed with breakfast cereals etcetera thereby driving market growth during the forecast period from 2018 to 2030AD (Other Application).
Regional Analysis:
North America was the largest regional market in 2017 owing to high product demand from the sports nutrition industry. The region is expected to maintain its dominance over the forecast period due to increasing awareness about bovine colostrum and growing health concerns among consumers. Europe is also expected to be a promising market for global bovine colostrum powder over the next eight years due to rising consumer awareness regarding fitness and well-being, coupled with an increase in disposable income of consumers.
Asia Pacific is anticipated to witness significant growth during the forecast period owing towards rise in disposable income of middle-class population groups, which will leadto an increase in their spending on food supplements & nutritional products including colostrums in near future.
Growth Factors:
- Increasing awareness about the health benefits of bovine colostrum powder is expected to drive the market growth.
- Rising demand for natural and organic products is another key factor that is anticipated to fuel the market growth in the near future.
- Growing number of research studies on bovine colostrum powder is projected to create new opportunities for this market in the coming years.
- increasing disposable income of consumers coupled with changing lifestyle trends are likely to boost demand for bovine colostrum powder over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Bovine Colostrum Powder Market Research Report
By Type
Spray Dried Powder, Freeze Dried Powder
By Application
Nutra Powder, Capsules, Tablets, Other
By Companies
PanTheryx, Colostrum BioTec, Immuno-Dynamics, Ingredia Nutritional, New Image, Biostrum Nutritech, Imu-Tek, Good Health NZ Products, Biotaris, Sterling Technology, PanTheryx, Cure Nutraceutical, Deep Blue Health, Changfu Milk
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Bovine Colostrum Powder Market Report Segments:
The global Bovine Colostrum Powder market is segmented on the basis of:
Types
Spray Dried Powder, Freeze Dried Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Nutra Powder, Capsules, Tablets, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PanTheryx
- Colostrum BioTec
- Immuno-Dynamics
- Ingredia Nutritional
- New Image
- Biostrum Nutritech
- Imu-Tek
- Good Health NZ Products
- Biotaris
- Sterling Technology
- PanTheryx
- Cure Nutraceutical
- Deep Blue Health
- Changfu Milk
Highlights of The Bovine Colostrum Powder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Spray Dried Powder
- Freeze Dried Powder
- By Application:
- Nutra Powder
- Capsules
- Tablets
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bovine Colostrum Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bovine colostrum powder is a natural supplement made from cow's milk that has been pasteurized and homogenized. It is often used to help improve the health of newborn calves, as well as adults who are nursing or taking supplements.
Some of the major companies in the bovine colostrum powder market are PanTheryx, Colostrum BioTec, Immuno-Dynamics, Ingredia Nutritional, New Image, Biostrum Nutritech, Imu-Tek, Good Health NZ Products, Biotaris, Sterling Technology, PanTheryx, Cure Nutraceutical, Deep Blue Health, Changfu Milk.
The bovine colostrum powder market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bovine Colostrum Powder Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Bovine Colostrum Powder Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Bovine Colostrum Powder Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Bovine Colostrum Powder Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Bovine Colostrum Powder Market Size & Forecast, 2018-2028 4.5.1 Bovine Colostrum Powder Market Size and Y-o-Y Growth 4.5.2 Bovine Colostrum Powder Market Absolute $ Opportunity
Chapter 5 Global Bovine Colostrum Powder Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bovine Colostrum Powder Market Size Forecast by Type
5.2.1 Spray Dried Powder
5.2.2 Freeze Dried Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bovine Colostrum Powder Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bovine Colostrum Powder Market Size Forecast by Applications
6.2.1 Nutra Powder
6.2.2 Capsules
6.2.3 Tablets
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bovine Colostrum Powder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bovine Colostrum Powder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bovine Colostrum Powder Analysis and Forecast
9.1 Introduction
9.2 North America Bovine Colostrum Powder Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bovine Colostrum Powder Market Size Forecast by Type
9.6.1 Spray Dried Powder
9.6.2 Freeze Dried Powder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bovine Colostrum Powder Market Size Forecast by Applications
9.10.1 Nutra Powder
9.10.2 Capsules
9.10.3 Tablets
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bovine Colostrum Powder Analysis and Forecast
10.1 Introduction
10.2 Europe Bovine Colostrum Powder Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bovine Colostrum Powder Market Size Forecast by Type
10.6.1 Spray Dried Powder
10.6.2 Freeze Dried Powder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bovine Colostrum Powder Market Size Forecast by Applications
10.10.1 Nutra Powder
10.10.2 Capsules
10.10.3 Tablets
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bovine Colostrum Powder Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bovine Colostrum Powder Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bovine Colostrum Powder Market Size Forecast by Type
11.6.1 Spray Dried Powder
11.6.2 Freeze Dried Powder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bovine Colostrum Powder Market Size Forecast by Applications
11.10.1 Nutra Powder
11.10.2 Capsules
11.10.3 Tablets
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bovine Colostrum Powder Analysis and Forecast
12.1 Introduction
12.2 Latin America Bovine Colostrum Powder Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bovine Colostrum Powder Market Size Forecast by Type
12.6.1 Spray Dried Powder
12.6.2 Freeze Dried Powder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bovine Colostrum Powder Market Size Forecast by Applications
12.10.1 Nutra Powder
12.10.2 Capsules
12.10.3 Tablets
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bovine Colostrum Powder Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bovine Colostrum Powder Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bovine Colostrum Powder Market Size Forecast by Type
13.6.1 Spray Dried Powder
13.6.2 Freeze Dried Powder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bovine Colostrum Powder Market Size Forecast by Applications
13.10.1 Nutra Powder
13.10.2 Capsules
13.10.3 Tablets
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bovine Colostrum Powder Market: Competitive Dashboard
14.2 Global Bovine Colostrum Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PanTheryx
14.3.2 Colostrum BioTec
14.3.3 Immuno-Dynamics
14.3.4 Ingredia Nutritional
14.3.5 New Image
14.3.6 Biostrum Nutritech
14.3.7 Imu-Tek
14.3.8 Good Health NZ Products
14.3.9 Biotaris
14.3.10 Sterling Technology
14.3.11 PanTheryx
14.3.12 Cure Nutraceutical
14.3.13 Deep Blue Health
14.3.14 Changfu Milk