Cosmetics companies on trail of profits from Thai snail slime

Kitpong Puttarathuvanun, founder and owner of the Acha Snail Serum brand, demonstrating how to clean a snail for serum production. (AFP)
Updated 21 July 2019

Cosmetics companies on trail of profits from Thai snail slime

  • Nakhon Nayok district has more than 80 farms cashing in on global beauty market

NAKHON NAYOK: 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.
The snails at Phatinisiri Thangkeaw’s farm were once the scourge of rice farmers, loathed for eating the buds of new crops.
“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.”
With her 1,000 snails, the teacher makes an extra $320 to $650 a month.
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 $314 million, according to research group Coherent Market Insights.
The precious slime is patiently “milked” from the glands of the snail by dripping water over it using a pipette.
Its raw form is sold to Aden International, a Thai-based cosmetics company that primarily ships its products to Korea and the US.
The sole snail slime producer in Thailand, Aden was started three years ago as a business-savvy solution to the snail infestation in Nakhon Nayok, said founder Kitpong Puttarathuvanun. 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 ($58,200) per kilogram, he said. Gold is currently worth $46,300 a kilogram.
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 ($2,600) per kilogram, Kitpong said.

FASTFACT

Aden, Thailand’s sole snail slime producer, was founded three years ago in response to a local infestation.

“We found that our slime was very intense because the snails eat everything, including vegetables, grains and even mushrooms ... producing good quality slime,” he told AFP, explaining that the mucus can be used to heal sunburn and “heal wounds.”
Somkamol Manchun, the doctor in charge of the purification process, said that snail mucus contains collagen and elastin — ingredients that “can make skin firm with less wrinkles.”
It “triggers the skin cells ... and helps heal the skin.”
At the moment, no scientific studies have been done on the curative qualities of snail serum and slime, but snail farmer Phatinisiri is already feeling the market heat up.
Two years ago, she was the first in the area to try farming the slime, she said, and villagers readily gave her what they considered pests.
“Now I buy snails at about 25 baht to 30 baht (about $1) per kilogram,” she said. “But many people are doing snail farms now so the competition is high.”


World should back Vision 2030 strategy says global risk guru

Updated 22 November 2019

World should back Vision 2030 strategy says global risk guru

  • Ian Bremmer: When I see how much more dynamic Riyadh is compared to two years ago, it’s really undeniable that they are actually trying to modernize society
  • Bremmer: They are hosting the G20, and that could help to make them confident enough to push forward on a resolution to the Qatar issue

BEIJING: The world should back Saudi Arabia’s transformation strategy under Vision 2030 despite the challenges the Kingdom has faced, according to Ian Bremmer, one of the leading political risk advisers in the world.

“When I see them moving toward Saudization, when I see how much more dynamic Riyadh is compared to two years ago, it’s really undeniable that they are actually trying to modernize society. I think that’s really important and we should all be rooting for that process to continue,” he told Arab News on the sidelines of the Bloomberg New Economy Forum in Beijing.

He said that the ongoing reforms in the Kingdom were helping it rebuild its international reputation following criticism over the death of journalist Jamal Khashoggi last year. “They are hosting the G20, and that could help to make them confident enough to push forward on a resolution to the Qatar issue.”

“It would be nice if there could be some reduction in the problem with Qatar, and some reintegration of the GCC, and there has been some progress toward that. The fact that we have a peace deal in south Yemen, that will make a difference too, and hopefully it will reduce some of the tension with Iran as a consequence,” he added.

Bremmer was speaking about climate change and other issues at the forum, at a session that acknowledged the difficulty of meeting targets to get rid of fossil fuels by the year 2050. He also talked about the looming “technology wars” between China and the US.