Bovine and Goat Colostrum Market to reach US$2,028.65 million and Growing at a CAGR of 4.2% during forecast period 2021-2027
iCrowdNewswire Feb 2, 2021 12:00 AM ETThe global bovine and goat colostrum market was valued at US$ 1,418.90 million in 2018, and it is expected to grow at a CAGR of 4.2% from 2019 to 2027, to reach US$2,028.65 million by 2027.
Bovine colostrum is enriched with vitamins, carbohydrates, minerals, fats, growth hormones, and digestive enzymes, which promote the growth of tissues as well as facilitate immune maturation and digestive system health maintenance. It also helps to prevent infectious diseases in children and adults. The growing demand for organically produced colostrum is providing growth impetus to the bovine and goat colostrum market.
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Key Players:
- ALPHATECH SAS
- BIOSTRUMNUTRITECH PVT. LTD
- NOW HEALTH GROUP, INC
- SWANSON
- APS BIOGROUP
- COLOSTRUM BIOTEC GMBH
- MANNA PRO PRODUCTS LLC
- LAND O’LAKES ANIMAL MILK PRODUCTS CO
- FARM-O-SAN
- LA BELLE COLOSTRUM
Market Segmentation
Global Bovine and Goat Colostrum Market – by Form
- Liquid
- Powder
- Tablets and Capsules
Global Bovine and Goat Colostrum Market – by Nature
Global Bovine and Goat Colostrum Market – by End Use
- Pharmaceuticals
- Animal Nutrition
- Dietary Supplements
- Sports Nutrition
- Functional Food
- Cosmetics
- Infant Formulae
Global Bovine and Goat Colostrum Market – by Distribution Channel
- Hypermarket/Supermarket
- Medical Stores/Pharmacies
- Convenience Stores
- Specialty Stores
- Online Distribution
- Direct/B2B
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Major Features of Bovine and Goat Colostrum Market Report:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Bovine and Goat Colostrum market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global Bovine and Goat Colostrum market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
The reports cover key developments in the Bovine and Goat Colostrum Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players.
The report analyses factors affecting the Bovine and Goat Colostrum Market from further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Bovine and Goat Colostrum Marketin these regions.
Moreover, the report entails the estimate and analysis for the Bovine and Goat Colostrum Market on a global as well as regional level. The study provides historical data as well as the trending features and future predictions of the market growth. Further, the report encompasses drivers and restraints for the Bovine and Goat Colostrum Market growth along with its impact on the overall market development. In addition, the report provides an analysis of the accessible avenues in the market on a global level.
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