Farmers make cool money as global snail beauty market hits $314m

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Giant snails inch across a plate of pumpkin and cucumber in central Thailand, an

“organic” diet to tease the prized collagen-rich mucus from the molluscs, which to some cosmetic firms are now more valuable than gold.

“Farmers used to throw them on the road or in the rivers,” Phatinisiri told AFP. “But now they sell them to me to earn extra money.”It is one of more than 80 farms in Nakhon Nayok province, two hours from the capital Bangkok, cashing in on the global snail beauty market, estimated at $314m, according to research group Coherent Market Insights.

Its raw form is sold to Aden International, a Thai-based cosmetics company that primarily ships its products to Korea and the US. And his bet paid off — Kitpong sells the serum under the Acha brand, but also supplies Korean and American cosmetic companies with a dried powder at 1.8 million baht per kilogram, he said.Compared to Aden’s snail slime, the mucus produced in China — milked daily instead of once every three weeks in Thailand — is valued at about 80,000 baht per kilogram, Kitpong said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nice one. Snail farming has so many benefits to our economy!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines