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Wednesday, 24 April 2024
Thursday, 06 Aug 2020 06:04 pm

Asia Pacific Colostrum Market: Industry Overview, Trends and Growth Opportunities Forecasted Till 2027

Asia Pacific Colostrum Market is expected to grow from US$ 572.16 Mn in 2019 to US$ 804.69 Mn by the year 2027 with a CAGR of 4.4% from the year 2019 to 2027 segmented into Product, Application, and Geography.

By SMN Bureau
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The growth of the colostrum market in this region is primarily due to large production of colostrum based products. The countries are also the largest exporters and consumers for colostrum based and other dairy products. In addition, rising demand for the colostrum, development in the field of the livestock sector are likely to increase the growth opportunities during the coming years.

The Asia Pacific Colostrum Market is growing along with the Technology, Media and Telecommunications industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

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China is anticipated to lead the adoptions of Colostrum across the Asia Pacific region through the forecast period. The colostrum market in China is expected to grow significantly, owing to the largest consumption of colostrum and colostrum based products. In the country, the epidemic of severe acute respiratory syndrome (SARS) has resulted in the highest demand for colostrum. Also, the consumption of milk and milk products has increased across the country.

These factors are expected to offer broad growth opportunities in the Technology, Media and Telecommunications industry and this is expected to cause the demand for Asia Pacific Colostrum Market in the market.

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ASIA PACIFIC COLOSTRUM – MARKET SEGMENTATION

Asia Pacific Colostrum Market - By Product

  • Whole Colostrum Powder
  • Skimmed Colostrum Powder
  • Specialty

Asia Pacific Colostrum Market - By Application

  • Nutritional Supplementation
  • Animal Feed
  • Others

Asia Pacific Colostrum Market - By Country

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • New Zealand
  • Vietnam
  • Philippines

Companies Mentioned

  • Saskatoon Colostrum Company Ltd
  • Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH
  • Dairy Tech Inc.
  • ImmuCell Corporation
  • Fonterra Co-Operative Group
  • Immuno-Dynamics, Inc.
  • E.C.I.
  • PanTheryx
  • coloQuick Int.
  • BIOSTRUM NUTRITECH PVT. LTD.

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