OYSTER SHELL CALCIUM MARKET ANALYSIS

Oyster shells are the hard exoskeleton of a variety of mollusks that are in the family ostreoidea. Most oysters live in saltwater or brackish environments. Additionally their shells tend to contain high levels of calcium carbonate (about 96%). When oysters die in the ocean, their shells create reefs that are habitat for dozens of other creatures. For this reason, oyster shells are considered a keystone species. Oyster shells are a rich source of calcium carbonate, the oyster shell is composed of around 47.49% of calcium along with other materials.

The global oyster shell calcium market is estimated to surpass US$ 18.95 million by the end of 2030 in terms of revenue, exhibiting a CAGR of 4.8% during the forecast period (2022 to 2030).   

Drivers

One of the key factors expected to drive market growth during the forecast period is of oyster shell calcium in the food industry as source of calcium, animal feed for animal nutrition and in persona care inudstry. . The growing demand for calcium as a supplement is expected to drive the market growth. For instance, according to the on October 2019, Osteoporosis affects two m. Individuals with osteoporosis are at high risk of suffering one or more fractures, which are often physically debilitating and can potentially lead to a downward spiral in physical and mental health. The growing cases of osteoporosis and accidental bone fractures are leading to higher demand for calcium tablets for faster fracture recovery and to cure s such as bone cancer, scoliosis and fractures.

Among regions, Asia Pacific held dominant position in the global oyster shell calcium market in 2021, accounting for 37.14% market share, in terms of revenue, followed by North America and Europe.

Figure 1. Global Oyster Shell Calcium Market Revenue Share (%), By Region, 2021

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Market Restraints

There are side effects associated with high consumption of oyster shell calcium, if consumed in higher concentration. High consumption of oyster shell calcium can cause nausea, constipation and Oyster shell calcium can cause allergic reactions such as rash, hives , redness, swollen, blistered or peeling skin with or without fever wheezing, tightness in the chest or throat, trouble breathing, swallowing or talking, and unusual swelling of mouth, face, lips, tongue or throat. Higher calcium intake can lead to bone pain and mood swings could occur. These side effects associated with the use of oyster shell calcium is expected to restrain the global oyster shell calcium market growth.

Market Trends

Oyster shell calcium is used as a food additive, calcium carbonate derived from oyster shells acts as an anti-caking agent, an added source of calcium and a white food colour. Calcium carbonate can also stabilize and thicken some products, and be used to strengthen dough. Oyster shell calcium is a rich and cheap source of calcium, which can be easily absorbed by the human body as well as by animals. Women and children are more likely to have calcium deficiency due to which demand for the calcium is increasing rapidly across the globe. For instance in November 2021, ,

Figure 2. Global Oyster Shell Calcium Market Revenue Share (%), By Application 2021

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On the basis of application, in 2021, food industries segment accounted for 46.45% of the revenue share, in global oyster shell calcium market. The food industries are expected to remain a preferred choice among the consumers, owing to low price and easy availability of calcium from food. Food industries are more focused on increasing the nutritional value of their products by incorporating more nutrients and minerals in their food items. Calcium is the most abundant, cheap and easy to incorporate mineral for the food industries due to which food industry has become the largest consumer of oyster shell calcium.

Global Oyster Shell Calcium Market - Impact of Coronavirus (COVID-19) Pandemic

The global market for oyster shell calcium has been impacted due to the ongoing COVID-19 pandemic. Several governments across the globe have imposed nationwide lockdowns to limit the spread of the virus, which resulted in the shutting down of businesses and ceasing of several economic activities. For instance, according to the International Monetary Fund’s 2020 report, the global economy contracted sharply by 3.0% in 2020, which is worse than the 2008-09 financial crisis. Moreover, supply chain disruption has indirectly led to low demand for oyster shell calcium.

Key Players:

Key players operating in the global oyster shell calcium market include Penglai Marine Bio-Tech co., ltd., Beihai Hahs Land Biotech Co. Ltd., Xian Olin Biological Technology Co. Ltd., Weifang Noga Biochem Co. Ltd., Avian Pro, Terravita Llc., Huber Engineered Materials, The Wright Group, Dr. Behr GmbH, Sudeep Pharma, Caltron Clays & Chemicals Private Limited, Astrra Chemicals, Calspar India, and Usha Chemicals