The Global [FURL=https://www.industryarc.com/Research/Colostrum-Market-Research-507355]Colostrum Market[/FURL] size in 2019 is estimated to be $95.65 Million and is projected to reach $123.03 Millio in 2025 at a CAGR of 4.45% during the forecast period 2020-2025. The Colostrum Market growth rate is attributed to the increasing popularity of these products, especially among bodybuilders, for increasing muscle strength, lean mass gains, endurance, fat burning, and immunity strengthening. Colostrum is the deep liquid coloured with lemon that has been secreted by the breasts for the first few days after the portion. It contains more minerals and protein relative to adult milk, but less sugar and fat. In colostrum, antibodies are demonstrable; immunoglobin-A will defend the newborn against enteric pathogens. Bovine Colostrum is one of the forms loaded with nutrients that combat disease and promote growth, boosting immunity, treating infections and offering more related benefits.Key Takeaways
North America dominated the Colostrum Market with a share of 60% in the year 2019.
The factors such as growing demand in developing countries for nutritious food and immunity are amongst the major factor projected to impel growth of Colostrum Market.
Companies are entering into strategic alliances to innovate in colostrum-based therapies, to improve health and wellness of animals, such as accelerating the healing of insect bites, warts and others are the key factors owing to the growth in the segment during forecast period 2020-2025.
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By Geography - Segment Analysis
North America dominated the Colostrum Market with a share of 60% in 2019. The application of Colostrum has grown rapidly over the last few years owing to easy use of antihypertensive medicines. In addition, the rise in hypertension incidence and the rise in geriatric population contribute significantly to market growth in this region. U.S. in North America region is dominating the Colostrum Market generating revenue of $42.34M in 2019. This is owing to the presence of number of players here and developments in animal feed industry here. Furthermore, the key players are adopting strategies such as product approval and agreement with other players to gain competitive advantage in the market is anticipated to propel the Colostrum Market during the forecast period 2020-2025. For instance, the US brand Bone Science, a trademark of the US company Redmars America Co, Ltd. is all set to launch Dr's Grow UP, a natural dietary supplement containing colostrum that will initially be available in the USA and South Korea from 2020.
Drivers – Colostrum Market
Increase in Bacterial and Viral diseases
Colostrum Industry Outlook : Colostrum Market top 10 companies are Saskatoon Colostrum Company, BioNatIn BV, Provita Eurotech Ltd., Sterling Technology, ImmuCell Corporation, Cuprem Inc., Milligans Food Group, Bionatin B.V, Pantheryx Inc., Cuprem Inc. and others.
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