FDA-approved GRAS Regulatory Designation Bolster Credibility of Manufacturers
Due to growing awareness about the advantages of bovine colostrum, companies in the market landscape are strategizing ways to capitalize on this trend. For instance, PanTheryx— a U.S.-based pharmaceutical company, announced that the company’s bovine colostrum products have received GRAS (Generally Recognized as Safe), a U.S.-specific FDA regulatory designation for ingredients in foods and beverages. Such developments are triggering the expansion of the bovine colostrum market, which is estimated to reach a revenue of ~US$ 4.3 Bn by the end of 2027.
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The bovine colostrum market is continuously growing since consumers are becoming aware about the novel milk’s immunity boosting attributes that deliver important health benefits. Hence, manufacturers are introducing the milk in functional foods, beverages, and nutrition bars, among others. This is evident since the functional food end use segment is estimated to lead the global market. Companies are increasing their production capacities to introduce bovine colostrum in yogurts and dietary supplements.
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Dietary Supplements and Infant Formula Supplementation Offer Incremental Opportunities
Bovine colostrum supplements are being highly publicized for the treatment of ailments and common diseases. Hence, companies in the market landscape are increasing their production capacities to produce dietary supplements. This explains why the dietary supplements end use segment is estimated to generate third-highest revenue in the bovine colostrum market. Hence, companies are increasing their research efforts to introduce sufficient amount of immunoglobulins in dietary supplements that are beneficial for improving the human digestive tract.
Apart from dietary supplements, companies in the bovine colostrum market are tapping opportunities in infant formula. Manufacturers are increasing efforts to boost the availability of bovine colostrum for extremely preterm infants in case material milk is insufficient. Healthcare providers are suggesting bovine colostrum supplementation in order to increase enteral protein intake in preterm infants without any apparent clinical adverse effects.
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Human versus Bovine Colostrum: Which is better?
The bovine colostrum market is anticipated to progress at a CAGR of ~6.4% during the forecast period. This indicates that companies in the market for bovine colostrum are expanding their business in sports and animal nutrition to generate new revenue streams.
Human colostrum plays a pivotal role in brain development of infants and extremely preterm infants. Human colostrum has the highest concentration of lactose, which is crucial for an infant’s brain development. On the other hand, human colostrum also helps to repair intestinal permeability aka “leaky gut” in infants. However, in many cases, human colostrum is not sufficient to support the physiological growth of infants. In such cases, bovine colostrum plays an important role in brain development and fluid regulation of infants.
Though bovine colostrum is being introduced in dietary supplements, it is being argued that bovine colostrum is more beneficial for newborn calves, as compared to humans, especially adults. Hence, manufacturers in the bovine colostrum market are targeting bovine colostrum products in necessary applications to support the well-being of preterm infants.
Strategic Alliances Help Improve Public Health in Emerging Economies
Companies in the bovine colostrum market are entering into strategic alliances to innovate in bovine colostrum-based therapies. Renowned U.S. biotechnology companies are setting their collaboration wheels in motion by entering into multimillion-dollar agreements with nutritional dairy companies. For instance, APS Bio Group-a supplier of dietary nutraceuticals and vitamins, has joined forces with VitaDairy, a Vietnamese nutritional dairy company to become the exclusive producer and supplier of bovine colostrum ingredients for the dairy company.
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