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Download Free sampleThe global Bovine Colostrum market was valued at 12.28 Million USD in 2021 and will grow with a CAGR of 9.34% from 2021 to 2027, based on Research newly published report.
The prime objective of Bovine Colostrum Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Bovine Colostrum Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Bovine Colostrum is a milky fluid that comes from the breasts of cows the first few days after giving birth, before true milk appears. It contains proteins, carbohydrates, fats, vitamins, minerals, and proteins (antibodies) that fight disease-causing agents such as bacteria and viruses. Antibody levels in colostrum can be 100 times higher than levels in regular cow`s milk.United States is the largest producer, followed by New Zealand and Europe. But for consumption market, Asia-Pacific is the largest consumer, which leading by China, whom has large population and fast growing demand for dietary supplements. This industry is very serious polarization, there are some big producers, like PanTheryx, and there are some little ones, but there is not anyone in the middle that is doing it fulltime. That`s make this industry more charming. This industry is affected by the economy and policy. According to the Ministry of Health, China bans the use of bovine colostrum or dairy products made of the material in the production of baby formula. It also leads to the price drop about 40% in 2012. At the same time, China is not forbidden the products about pure bovine colostrum. That`s make the industry relive till 1-2 years` later.
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