What is Bovine Colostrum Market?
Snapshot and Bovine Colostrum is the milky fluid which comes from the breasts of cows in few days after giving birth, before actual milk appears. The fluid contains proteins, carbohydrates, fats, vitamins, minerals, and specific kinds of proteins called antibodies which helps to fight disease-causing agents such as bacteria and viruses. Bovine colostrum is taken by mouth by athletes to burn fat, build muscles, and increase the stamina and vitality. In addition, it has various advantages such as boosting the immune system, healing injuries, repairing nervous system damage, improving mood and sense of well-being, and others.
The market study is being classified and major geographies with country level break-up.
PanTheryx (United States), Colostrum BioTec GmbH (Germany), Immuno-Dynamics (United States), Ingredia Nutritional (France), New Image (New Zealand), Biostrum Nutritech (India), Imu-Tek (United States), Biotaris B.V. (Netherlands), Sterling Technology (United States) and The Saskatoon Colostrum (Canada) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Cure Nutraceutical (Gujrat), PuraLife (United States), Deep Blue Health (New Zealand) and Changfu Milk (China).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Bovine Colostrum market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Bovine Colostrum market by Type, Application and Region.
On the basis of geography, the market of Bovine Colostrum has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Health Benefits Such as Fat Burning, Muscle Building, and Healing Injuries
- Increasing Popularity of Bovine Goods for Development of Dietary Supplements
Market Trend
- Increasing Demand of Bovine Colostrum in Sports Nutrition
Restraints
- High Costs Associated with the Products
Opportunities
- Rising Disposable Income
- Increasing Use of Colostrum as an Ingredient in Animal Nutraceutical Products
- Increasing Health Consciousness Among the Individuals
Challenges
- Lack of Awareness Among the People
On July 2018, Parag Milk foods has collaborated with Swedish research organisation ColoPlus AB to launch a colostrum-based nutrition product in India. This move of the company is in-line with its strategy to add value-added dairy products to its portfolio.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organisations and Others