Oyster Extract Market Scope
Oyster Extract is a powder, tablet, or other form made from fresh oyster meat that contains important nutrients such as glycogen, taurine, zinc, and others. Oyster meat, fresh Using pressure to extract, Filtration, Vacuum concentration, sterilization, spray drying, and powder Oyster extract is made from mature oysters harvested from cold Pacific seawaters between March and May of each year when the nutritional content of the oyster is at its highest. Oyster extract is a great dietary supplement that contains natural Taurine and Zinc Compounds, which are good for cardiovascular health, blood pressure, liver problems, arthritis and rheumatism, increased function, and skin care. Clinical trials have shown that oyster extract relieves prostate problems, and angina normalizes blood pressure, corrects cardiac arrhythmia, normalizes blood sugar levels in diabetics, and relieves liver disturbances caused by poor fat metabolism and alcohol consumption. Oysters, on the other hand, contain minerals that are essential for human bodies to function properly, such as zinc, iron, selenium, and calcium (the oyster shell is particularly rich in calcium as well). Oyster meat is also high in protein and vitamins A, C, D, and B12. It contains amino acids such as taurine, which are essential for good health, as well as omega-3 fats.
|Unit||Value (USD Million)|
|Key Companies Profiled||Nikken Foods Inc. (United States), Aker BioMarine (Norway), Kakusan Foods Co. (Japan), Norwegian Fish Oil AS (Norway), Brisan Group, Cloughmore Shellfish (United Kingdom), Oakford Shellfish Ltd. (Netherlands), Nature's Ingredient GMBH (Germany), Lee Kum Kee International Holdings Ltd. (China), Hdr Foods Corp. (Philippines) and S.R.Intl Inc. (South Korea)|
Big players have been taking initiative in clinical trials and the production of Oyster extract. Oyster extract has many health benefits the awareness is driving the market and has brought many opportunities for new players. Players have been launching new products to grab the opportunities. There have also been new entrances in the market and key players have invested in R&D to have better resources for further development.
Nikken Foods Inc. (United States), Aker BioMarine (Norway), Kakusan Foods Co. (Japan), Norwegian Fish Oil AS (Norway), Brisan Group, Cloughmore Shellfish (United Kingdom), Oakford Shellfish Ltd. (Netherlands), Nature's Ingredient GMBH (Germany), Lee Kum Kee International Holdings Ltd. (China), Hdr Foods Corp. (Philippines) and S.R.Intl Inc. (South Korea) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Woowonsea&Airco. Ltd. (South Korea), Universal Sea & Air Co., Ltd. (South Korea) and Nutra Science Industries Ltd. (China).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
The study have segmented the market of Global Oyster Extract market by Type , by Application (Food Industry, Pharmaceutical Industry, Dietary Supplement and Other) and Region with country level break-up.
On the basis of geography, the market of Oyster Extract has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2021.
In June 2021 Aker BioMarine orders unmanned surface vehicles to reduce carbon footprint and optimize krill harvesting. To further reduce its carbon footprint and optimize krill harvesting in the Antarctic, Aker BioMarine (Oslo, Norway) ordered a new Sounder USV (Unmanned Surface Vehicle) from Kongsberg Maritime. The USV is also equipped to collect valuable scientific data. In 2020, the company launched an unmanned solar-powered ocean data drone (Sailbuoy) to collect detailed data on the krill biomass, 2020. The USV will further this investment.
An article of food imported or offered for import into the U.S. is subject to refusal of admission if it appears to be adulterated (see section 801(a)(3) of the FD&C Act [21 U.S.C. 381(a)(3)]). However, the owner or consignee may introduce testimony including evidence in support of an application for authorization to perform an action to bring the article into compliance with the FD&C Act (see section 801of the FD&C Act; 21 CFR 1.95).
Oyster Extract Market Dynamics:
|Trends Influencing Market|
- Growing Productivity of Oyster Extract in Cosmetics has been showing a growing Demand.
- Strict Regulations towards Harvesting Of Marine Life Due To Decreasing Population Of Few Endangered Species.
- Easy Availability Of Substitutes Has Been Challenging The Growth Of Oyster Extract Market.
- As Oyster Has, A Very Less Shelf Life And Growing Demands Of End Users Will Be Bringing New Opportunities.
Key Target AudiencePharmaceutical companies, Cosmetic manufacturers, Sea food manufacturers, Agriculture, New Entrants and Investors, Legalized Cannabis Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others