The bovine colostrum market is witnessing significant growth as consumers become increasingly aware of its health benefits. With companies capitalizing on this trend and receiving FDA approval for their products, the market is poised for substantial expansion. This article explores the latest developments, trends, and strategies driving the global bovine colostrum market.
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Key Players and Market Developments
• NOW Health Group, Inc.
• APS Biogroup
• Sovereign Laboratories
• Genceutic Naturals
• Biostrum Nutritech Pvt. Ltd.
• Vivesa holding s.r.o.
• Cure Nutraceutical PVT. LTD.
• iodane Pharma A/S
• Agati Healthcare Pvt Ltd
• PuraLife, LLC.
• Bionatin Bv
• Farbest Brands
• MIP Colostrum NZ
• BIN Science LLC.
• Jarrow Formulas Inc.,
Market Growth and Trends:
The bovine colostrum market is projected to reach approximately US$ 4.3 billion by 2027, with a compound annual growth rate (CAGR) of around 6.4%. Increasing demand for functional foods and dietary supplements is fueling market growth, as consumers recognize the immune-boosting properties and nutritional value of bovine colostrum.
Health Benefits and Applications:
Bovine colostrum supplements are gaining popularity for treating various ailments and boosting immunity. They are also being incorporated into infant formula to support the health and development of preterm infants. While human colostrum remains crucial for infants' brain development, bovine colostrum provides essential nutrients and promotes intestinal health, particularly in cases where human colostrum is insufficient.
Strategic Alliances and Market Expansion:
Companies are forming strategic alliances to innovate in bovine colostrum-based therapies and expand their market presence. Collaborations between biotechnology and dairy companies are driving product development and improving public health, particularly in emerging economies. Asia Pacific, excluding Japan, is expected to lead the market in revenue generation.
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Investing in the Bovine Colostrum Market: What You Need to Know
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