Colostrum Industry - Regional Synopsis
On the basis of geographical analysis, the colostrum market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. The market in the North America industry is set to hold largest revenue share by 2037, impelled by presence of health-conscious population in the region. Along with this, large concentration of cattle farming facilities in nations, namely India, New Zealand and China is also anticipated to fuel the growth of the market in this region. According to the Stats NZ agency, the total dairy cattle numbers in New Zealand increased by 82% nationally between 1990 and 2019. In 2019, 6.3 million cattle were farmed in the country.