Category : Pharmaceuticals And Healthcare | Published Date : May 2023
Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the bovine colostrum market.
The bovine colostrum market is bifurcated into form, application, end use industry and, distribution channel. Based on form segment the market is segmented into liquid and solid. In 2022, the liquid segment dominated the overall bovine colostrum market. The application segment is classified into dietary supplements, sports nutrition, functional foods, animal nutrition, infant formula, and others. In 2022, the functional food segment dominated the bovine colostrum market. The end use industry segment is categorized as food & beverages, personal care & cosmetics, pharmaceutical, animal feed and others. In 2022, food & beverage segment accounted for the highest market share in the bovine colostrum market. Based on the distribution channel market is divided into online and offline. In 2022, the online segment held the highest market share in the bovine colostrum market.Get Free Sample
|Report Attributes||Report Details|
|By Form||Powder and Liquid|
|By Application||Dietary Supplements, Sports Nutrition, Functional Foods, Animal Nutrition, Infant Formula, and Others|
|By End Use Industry||Food & Beverages, Personal care & Cosmetics, Pharmaceutical, Animal Feed and Others|
|By Distribution Channel||Online (Company Website, and E-commerce Platform) and Offline (Hypermarket/Supermarket, Convenience Store, Specialty Store, Drug Store, and Health & Wellness Store)|
|By Region||North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa|
The market is dominated by certain major companies such NOW Foods, Pantheryx, BIOSTRUM NUTRITECH PVT. LTD, and Cure Nutraceutical PVT. LTD has a strong market position in current market circumstances. Further, the Bovine Colostrum market is expected to witness significant growth in coming years due to increasing demand for functional food, sports nutrients, and dietary supplements from various end use industries such as food & beverages, pharmaceutical, among others. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments in bovine colostrum are expected to help market players adopt innovative ways of product isolation to cater to the growing needs of various end-use industries.