Oyster Shell Calcium Market Size, Share, Opportunities, And Trends By Application (Food Supplement, Animal Feed, Others), By Grade (Food Grade, Pharma Grade), By Form (Liquid, Powder, Tablet, Others), And By Geography - Forecasts From 2023 To 2028

  • Published : Jan 2024
  • Report Code : KSI061616415
  • Pages : 146

The Oyster Shell Calcium market is projected to show steady growth during the forecast period.

Oyster shell calcium, derived from oyster shells, is known as a natural and potentially more bioavailable calcium supplement compared to alternatives like calcium carbonate or citrate. Available in various forms such as tablets, capsules, and powders, it caters to individuals with calcium deficiency or those in need of additional dietary calcium.

This calcium supplement is not only used for personal supplementation but also finds application in enriching various food products like yogurt, milk, and cereals with calcium. Furthermore, it is included in certain calcium-based medications and antacids, showcasing its versatility.

The Oyster Shell Calcium market is segmented by application, including categories such as food supplements, animal feed, and others. Additionally, the market is categorized by grade into food grade and pharma grade, considering the varying purity standards and applications. The various forms in which Oyster Shell Calcium is available, such as liquid, powder, tablet, and others, contribute to its widespread use in different contexts. This comprehensive segmentation provides insights into the diverse applications and forms that contribute to the dynamic Oyster Shell Calcium market.

Market Drivers

  • Rising disposable income and health expenditures

The increasing disposable income and growing emphasis on preventive healthcare, especially in emerging economies such as India and China. They are significant contributors to the rising demand for high-quality calcium supplements like oyster shell calcium. In the fiscal year 2019-20, the Total Health Expenditure (THE) in India was estimated to be Rs. 6,55,822 crores, equivalent to 3.27% of the GDP and Rs. 4,863 per capita. In comparison, the current health expenditure per capita, by purchasing power parity (PPP) in China, reached 962.29$ in 2020. This notable increase in health expenditure is expected to positively impact overall spending on pharmaceuticals and nutraceuticals. As individuals in these regions increasingly prioritize health and well-being, the demand for essential dietary supplements such as oyster shell calcium is likely to see continued growth.

  • Growth in nutraceutical and pharmaceutical

The increasing nutraceutical and pharmaceutical industries are witnessing increased demand for dietary supplements and calcium-based medications. This creates a robust market for high-quality oyster shell calcium as a pivotal ingredient. Notably, the year 2021 showcased a significant portion of overall healthcare expenditure in OECD countries allocated to spending on retail pharmaceuticals. Retail pharmaceuticals constituted the third-largest component of health expenditure in these countries. Across OECD countries, the predominant payers for retail pharmaceuticals are governments and compulsory insurance schemes, collectively financing 58% of the total spending in 2021.

As the economies of Asia Pacific and Africa experience substantial growth, the demand for pharmaceuticals and nutraceuticals is expected to increase. This rising demand encompasses key ingredients like oyster shell calcium in various drugs, reflecting the integral role of such components in meeting the evolving healthcare needs of these dynamic regions. These factors signify the expanding influence of oyster shell calcium within the global pharmaceutical and nutraceutical landscape.

Market Restraints

  • Competition from other calcium sources

In the calcium supplements, oyster shell calcium is positioned within a competitive landscape such as calcium carbonate and citrate which are artificially produced. In comparison to its counterparts, it often bears a weightier price tag, presenting a less enticing option for budget-conscious consumers. While the market standing of oyster shell calcium undeniably encounters challenges from well-established alternatives, its distinctive selling points – rooted in naturalness, potential bioavailability, and sustainability – provide optimism for growth.

The Oyster shell calcium market is segmented by grade into food grade and pharma grade

The Oyster Shell Calcium market is segmented by grade, into food grade and pharma grade. Within the food-grade oyster shell calcium category, this variant serves predominantly as a calcium supplement in a variety of food products. Its applications extend to items like yogurt, milk, cereal, and bakery goods, enriching them with the essential benefits of calcium.

On the other hand, Pharma Grade Oyster Shell Calcium adheres to higher purity standards and stricter quality control measures. This grade assumes a crucial role as an active ingredient in pharmaceutical formulations. It finds application in the production of calcium supplements, antacids, and medications addressing conditions like osteoporosis.

North America is anticipated to hold a significant share of the Oyster Shell Calcium market

North America will hold a notable position in the Oyster Shell Calcium market. This assumption for demand for top-tier oyster shell calcium essential for medications and dietary supplements. The pharmaceutical landscape in Canada notably commands a 2.1% share of the global market, positioning it as the 9th largest market globally.

Consumers in North America exhibit a noteworthy inclination to invest in health and wellness products. This consumer behaviour contributes significantly to creating a robust market for calcium supplements, with oyster shell calcium being particularly favoured. The combination of a thriving pharmaceutical industry, substantial nutraceutical demand, and a consumer base inclined towards health-conscious choices underscores North America's pivotal role in shaping the Oyster Shell Calcium market.

Market Developments

  • February 2023-  Venturing into the over-the-counter segment in the country, Torrent Pharmaceuticals Company introduced Shelcal 500, a calcium supplement brand. This supplement, comprising 500mg of calcium and 250 IU of Vitamin D3, is designed to optimize calcium absorption, enhance bone density, improve muscle strength, and boost immunity.

Company Products

  • Purina® Oyster Shell.- Purina® Oyster Shell offers a specially formulated product that is recommended for various egg-laying birds, including both chickens and turkeys. Purina® Oyster Shell emerges as an excellent and dependable source of supplemental calcium. It provides a reliable choice for supporting the calcium needs crucial for maintaining eggshell integrity.
  • RAWPHARMA calcium carbonate oyster shell- RAWPHARMA offers calcium carbonate oyster shell in a convenient 25 kg pack. This finely ground, white powder holds versatile applications across multiple industries. Widely utilized in pharmaceuticals, dietary supplements, agriculture, and construction, this product caters to diverse needs. RAWPHARMA ensures prompt dispatch, with an approximate turnaround time of 2-3 days.
  • SeaTech's Oyster Shell Calcium - Derived from oysters thriving in the frigid waters of the North Atlantic Ocean, SeaTech's Oyster Shell Calcium undergoes a meticulous production process. The outcome is a high-quality, food-grade product boasting a calcium carbonate content of 95-98%. Recognizing the vital role calcium plays in promoting healthy skin, teeth, and bones, SeaTech's Oyster Shell Calcium stands as a reliable source of this essential mineral.

Oyster Shell Calcium Market Scope:

 

Report Metric Details
Growth Rate CAGR during the forecast period
Base Year 2021
Forecast Period 2023 – 2028
Forecast Unit (Value) USD Billion
Segments Covered
  • Application
  • Grade
  • Form
  • Geography
Companies Covered
  • Purina Animal Nutrition LLC
  • Scratch & Peck
  • Nature’s Blend
  • Hargraves Online Healthcare
  • HonestMedical
  • And more
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope Free report customization with purchase

 

Market Segmentation

  • By Application
    • Food Supplement
    • Animal Feed
    • Others
  • By Grade
    • Food Grade
    • Pharma Grade
  • By Form
    • Liquid
    • Powder
    • Tablet
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Others

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. OYSTER SHELL CALCIUM MARKET BY APPLICATION

5.1. Introduction

5.2. Food Supplement

5.3. Animal Feed 

5.4. Others

6. OYSTER SHELL CALCIUM MARKET BY GRADE

6.1. Introduction

6.2. Food Grade

6.3. Pharma Grade

7. OYSTER SHELL CALCIUM MARKET BY FORM

7.1. Introduction

7.2. Liquid

7.3. Powder

7.4. Tablet

7.5. Others

8. OYSTER SHELL CALCIUM MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. The Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. Japan

8.6.2. China

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

10. COMPANY PROFILES

10.1. Purina Animal Nutrition LLC

10.2. Scratch & Peck

10.3. Nature’s Blend

10.4. Hargraves Online Healthcare

10.5. HonestMedical

10.6. Lind Marine

10.7. Wellbefore

10.8. Medline

10.9. Seatech Bioproducts Corp

10.10. Raw Pharma


Purina Animal Nutrition LLC

Scratch & Peck

Nature’s Blend

Hargraves Online Healthcare

HonestMedical

Lind Marine

Wellbefore

Medline

Seatech Bioproducts Corp

Raw Pharma