What is Calcium Carbonate from Oyster Shell - Global Market?
Calcium Carbonate from Oyster Shell is a natural product derived from the shells of oysters, a type of mollusk. It is a common substance found in rocks and is the main component of pearls and the shells of marine organisms, snails, and eggs. This product is globally recognized for its rich concentration of calcium carbonate, which is a crucial mineral for human health. It is used in various industries due to its unique properties such as high brightness, low oil absorption, and uniform particle size. The global market for Calcium Carbonate from Oyster Shell is a dynamic one, with a value of US$ 4 million in 2022. It is projected to reach US$ 5 million by 2029, growing at a CAGR of 3.3% during the forecast period 2023-2029.
Pharma Grade, Food Grade, Other in the Calcium Carbonate from Oyster Shell - Global Market:
The Calcium Carbonate from Oyster Shell - Global Market is segmented into Pharma Grade, Food Grade, and Other. Pharma Grade calcium carbonate is primarily used in the pharmaceutical industry for the production of antacids, calcium supplements, and other medicinal products. Food Grade calcium carbonate is used as a food additive for its high calcium content and is often added to dairy products, cereals, and baked goods. The Other category includes uses in industries such as agriculture, where it is used as a soil conditioner, and in the construction industry, where it is used as a building material. The top five global producers of oyster shell calcium carbonate are Huber Materials, Nutri Granulations, Sudeep Pharma, Caltron, and Penglai Ocean, accounting for about 70% of the market share. India is the largest consumer market with 36%, followed by the US with 34%.
Pharmaceutical Industry, Food Industry, Personal Care Industry, Other in the Calcium Carbonate from Oyster Shell - Global Market:
Calcium Carbonate from Oyster Shell is widely used in various industries such as the Pharmaceutical Industry, Food Industry, Personal Care Industry, and others. In the Pharmaceutical Industry, it is used in the production of antacids and calcium supplements due to its high calcium content. In the Food Industry, it is used as a food additive, often added to dairy products, cereals, and baked goods for its high calcium content. In the Personal Care Industry, it is used in the production of personal care products such as toothpaste, soap, and cosmetics due to its abrasive properties. Other uses include its application in agriculture as a soil conditioner and in the construction industry as a building material.
Calcium Carbonate from Oyster Shell - Global Market Outlook:
The global Calcium Carbonate from Oyster Shell market has shown a steady growth trend, with a value of US$ 4 million in 2022. It is projected to reach US$ 5 million by 2029, growing at a CAGR of 3.3% during the forecast period 2023-2029. This growth is driven by the increasing demand for calcium carbonate in various industries such as pharmaceuticals, food, personal care, and others. The top five global producers of oyster shell calcium carbonate are Huber Materials, Nutri Granulations, Sudeep Pharma, Caltron, and Penglai Ocean, which together account for about 70% of the market share. India is the largest consumer market with 36%, followed by the US with 34%. These figures indicate a strong market presence and a promising future for Calcium Carbonate from Oyster Shell in the global market.
Report Metric | Details |
Report Name | Calcium Carbonate from Oyster Shell - Market |
Forecasted market size in 2029 | US$ 5 million |
CAGR | 3.3% |
Forecasted years | 2023 - 2029 |
Global Calcium Carbonate from Oyster Shell market, by region: |
|
Global Calcium Carbonate from Oyster Shell market, Segment by Type: |
|
Global Calcium Carbonate from Oyster Shell market, by Application |
|
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |