The interest in cow colostrum is currently on the rise worldwide, creating a constant increase in demand. The reason for this is mainly the growing use of this milky fluid packed with antibodies in various nutritional supplements and skincare products.
Therefore, it’s not surprising that Future Market Insights predicts that the cow colostrum market will achieve growth at a 6.3% CAGR in the following decade, between 2021 and 2031.
Due to its remarkable effect on the immune system, cow colostrum became a common ingredient of infant supplements and meals. It became a powerful ally in combating an array of immunodeficiency diseases that became prevalent among children in recent times.
The rising awareness and interest in the importance of ensuring adequate immune system health by using supplements also spurred the expansion. Besides children, pregnant women and diabetic patients started using bovine colostrum for immune system support and improvement.
Producers tried to respond to the increased demand for bovine colostrum supplements by developing various forms of such products, including capsules and chewable tablets.
Furthermore, the rising demand for this product in cosmetics also stimulates the growth of the bovine colostrum market. Cow colostrum is increasingly used in skin care products to reduce irritation and symptoms of aging. Moreover, this fluid produced before milk is released provides antimicrobial and skin-brightening benefits to the skin.
It’s expected that the cow colostrum will account for over 85% of the market share in the forecast period due to the growing demand for it in developed countries.
For example, Germany is expected to hold the largest market share in Europe and register a CAGR of 5.4% by 2031. Reports predict that Russia could rank second, generating over 20% of cow colostrum sales.
The UK is also likely to increase bovine colostrum products consumption and register a 6.3% CAGR in the forecast period. Similarly, cow colostrum consumption and production in the US will also spur the expansion, accounting for 61% of North American sales.
Finally, the cow colostrum market in India is expected to grow at a fascinating CAGR of 8.2%, holding 24% of the market share.
