Bovine Colostrum Market Growth: Trends, Opportunities, and Future Projections
The market for bovine colostrum is witnessing a significant surge, driven by growing consumer awareness of its health benefits and recent FDA approval as Generally Recognized as Safe (GRAS). Companies like PanTheryx in the U.S. are capitalizing on this trend, leading to projections of reaching approximately US$ 4.3 billion in revenue by 2027. This article explores the key factors behind the market's growth and the incremental opportunities it presents.
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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.,
Growing Consumer Awareness Driving
Demand:
Consumers are increasingly recognizing the immunity-boosting properties and
health benefits of bovine colostrum, leading to its incorporation into
functional foods, beverages, and nutrition bars. Functional foods, in
particular, are expected to lead the market, with companies expanding
production capacities to introduce bovine colostrum into a wider range of
products.
Expanding Opportunities in Dietary
Supplements and Infant Formula:
Bovine colostrum supplements are gaining traction for their potential in treating
various ailments, leading manufacturers to ramp up production capacities in
this segment. Additionally, the infant formula market presents significant
opportunities, especially for extremely preterm infants who may require
supplementation due to insufficient maternal milk. Healthcare providers are
recommending bovine colostrum to enhance enteral protein intake without adverse
effects.
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