Multiple issues in the omega-3 sector, a ‘saturated’ US food supplements market, a widespread consumer move to private label plus a strengthening euro have all impacted Dutch-Swiss ingredient giant DSM’s nutrition division in 2013, but it still delivered...
Royal DSM saw Q3 sales slip 7% to €2.3bn across all divisions with polymer intermediates performing worst, but as has been the case in recent quarters, the Dutch firm’s nutrition cluster held firm with 1% organic growth in difficult economic times.
Royal DSM has emphasised “business continuity” and “smooth integration” following the completion of its $CAD540m (€436m) buy-out of the world’s largest omega-3 fish oil supplier, Ocean Nutrition Canada (ONC), today.
DSM will use its global reach to drive its latest acquisition - fish-sourced omega-3 leader, Ocean Nutrition Canada, beyond its core North American market – but sees opportunities in generic drugs that may prove more lucrative.
Omega-3 giant Ocean Nutrition Canada has donated five million doses of vitamin A to Vitamin Angels, and the company continues its longstanding relationship with the charitable organization.
Powdered omega-3 salts may soon be offering supplement makers an alternative to the traditional liquid fish oil, according to new research from Ocean Nutrition Canada (ONC).
Canada's first milk product containing Ocean Nutrition's MEG-3 is
launching in Nova Scotia, amid hopes that it will boost the
consumer's omega-3 intake to recommended levels.
