The global bovine and goat colostrum market is estimated to grow at a moderate CAGR during the forecast period. Colostrum is defined as the first milk produced by mammals after parturition that has a specific content. Growth factors, immunoglobulins, lactoperoxidase, lactoferrin, lysozyme, immunomodulatory peptides, oligosaccharides, and other bioactive components are abundant. Bovine colostrum has been studied for the treatment and prevention of numerous infectious disorders caused by bacteria, viruses, and protozoa due to the presence of these antimicrobial components. Prebiotic oligosaccharides are naturally found in colostrum and can support probiotic microorganisms such as lactobacilli and bifidobacterial.
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Colostrum is gaining significance in the medical sector owing to its use in the treatment of a variety of diseases, including chronic fatigue syndrome and blood infections. Bovine colostrum is high in vitamins, lipids, growth hormones, carbohydrates, minerals, and digestive enzymes, all of which support drive tissue growth and immunological maturation. It also supports to keep the digestive system in good shape. Lactoferrin concentration in goat colostrum is much greater than in cow’s milk, ranging from 455.8 to 2058.3 mg/dl in goat colostrum and 575.0 mg/dl in bovine colostrum.
The food and beverage industry is also suffering significant losses as a result of the COVID-19 outbreak, which is having a negative influence on the global economy. The transportation infrastructure has been severely interrupted, as the supply of raw materials. The disrupted value chain has had a detrimental influence on raw material supply, which is affecting the bovine and goat colostrum market growth. The market is expected to emerge owing to the increased demand for colostrum-enriched nutraceuticals. Vitamins, carbohydrates, minerals, lipids, growth hormones, and digestive enzymes are abundant in bovine colostrum, which promotes tissue growth and immunological maturation as well as digestive system health.
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Market Coverage
- Segments Covered
o By Form
o By Application
- Competitive Landscape: Alphatech SAS; Now Health Group, Inc; Swanson; and APS BioGroup among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Bovine and Goat Colostrum Market
By Form
- Liquid
- Powder
- Tablets and Capsules
By Application
- Pharmaceuticals
- Animal Nutrition
- Dietary Supplements
- Sports Nutrition
- Functional Food
- Cosmetics
- Infant Formulae
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