Press release
North America Colostrum Market Size, Share & Global Insights 2022-2031
The North America colostrum market was valued at US$ 486.86 million in 2023 and is expected to reach US$ 741.34 million by 2031; it is estimated to register a CAGR of 5.4% from 2023 to 2031.Increasing health consciousness worldwide boosts the demand for nutrient-enriched products that enhance overall health. The awareness about the beneficial properties and health benefits of colostrum is increasing among consumers, which is driving the demand for colostrum-based products. Colostrum is rich in nutrients and antibodies and has immune-boosting substances. It also contains essential proteins, vitamins, minerals, and antibodies, attracting more consumers.
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Colostrum is rich in proteins and has low fat and sugar content. It also includes proteins such as lactoferrin (which protects against infections) and epidermal growth factor (which promotes cell growth). It also contains several essential vitamins, such as vitamin A, and minerals, such as copper, magnesium, and zinc. Colostrum has the potential to support gastrointestinal health and promote gut barrier function, making it an attractive option for individuals seeking relief from digestive issues. Per the data from the US National Health and Nutrition Examination Survey (NHANES), published in June 2023, 1% of the US adult population (two million people) may have been diagnosed with inflammatory bowel disease (IBD). With the prevalence of such diseases, the demand for colostrum-based products is increasing among consumers across the globe.
MARKET INTRODUCTION
There is an increased health awareness among consumers in the US market due to the high prevalence of chronic diseases and diabetes in the country. For instance, according to the US Department of Commerce, as of November 2023, over 37 million Americans were diagnosed with gestational Type 1 or Type 2 diabetes. Such health concerns drive consumers to adopt healthy lifestyle. The inclination of consumers toward a healthy and fit lifestyle drives the demand for nutraceutical products in the country.
List of Companies Profiled in the Colostrum Markets Report are:
• Titan Biotech Ltd
• Pantheryx
• Biodane Pharma A/S
• Bionatin
• Colostrum BioTec GmbH
• Biostrum
• Cure Nutraceutical PVT. LTD.
• INGREDIA s.r.o.
• Livanou IKE
• KERSIA GROUP
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Key Segmentation:
The North America colostrum market is categorized into form, category, application, and country.
Based on form, the North America colostrum market is bifurcated into dry and liquid. The dry segment held a larger market share in 2023.
In terms of category, the North America colostrum market is bifurcated into conventional and organic. The conventional segment held a larger market share in 2023.
By application, the North America colostrum market is segmented into pharmaceuticals and dietary supplements, food and beverages, animal nutrition, and personal care. The pharmaceuticals and dietary supplements segment held the largest market share in 2023.
By country, the North America colostrum market is segmented into the US, Canada, and Mexico. The US dominated the North America colostrum market share in 2023.
Table of Contents
The geographic scope of the North America Colostrum refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets.
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Contact person: Ankit Mathur
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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
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