DSM, ADM, and Croda International Plc are Dominating the Global Omega-3 for Food Application Market in 2020

Global Omega-3 for Food Application Market is expected to grow with the CAGR of 9.9% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global omega-3 for food application market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global omega-3 for food application market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In September 2019, AlaskOmega has participated in the Vitafoods Europe. Vitafoods Europe is the leading buying and sourcing event for the global nutraceutical industry in Europe. This helped company to showcase their omega-3 products portfolio and attract new customers from the market.

DSM is dominating player in global omega-3 for food application market. The other key players existing in the market includes Solutex, Algaecytes, Cellana Inc., HUTAI Biopharm Resource Co. Ltd, BASF SE, GOLDEN OMEGA, Croda International Plc, AlaskOmega, KinOmega Biopharm Inc., Aker BioMarine, Pharma Marine AS, GC Rieber VivoMega AS, Sanmark LLC, Arjuna Natural Pvt Ltd, ConnOils LLC, Kingdomway Nutrition, Inc., Novosana, ADM, Polaris Inc. and Biosearch life among others.

Omega-3 for Food Application Market

DSM

DSM, headquartered in Heerlen, the Netherlands was founded in 1902.The company is engaged in outgrowing development omega-3 for food application industry on a worldwide scale. The company provides various business categories such as nutrition, material transportation out of which nutrition is market focused business category. The company several solution categories such as offers nutrition & health, climate & energy, resources & circularity. The company has received various certifications such as FSSC 22000, ISO 22000:2005 (Food Safety Management Systems), PASS220:2008 (prerequisite programs on food safety for food manufacturing), ISO 9001.

For instance,

  • In March 2017, DSM has introduced MEG-3 ultra which is an omega-3 fatty acid in the DSM’s nutritional lipids portfolio. This is an EPA and DHA combinations containing up to 85% omega-3 from clean, wild ocean fish oil. This helped company to broaden its product portfolio in the market.

The company has presence across the globe in North America, South America, Europe, Middle East and Africa, Asia-Pacific. The company also generated revenue from its subsidiaries such as AGI Corporation. (Taiwan), Martek Biosciences Corporation (U.S.), Fortitech, inc (U.S), Ocean Nutrition Canada (Canada.), Kensey Nash Corporation (U.S.), Percivia LLC (U.S.), DSM Dyneema LLC (U.S.), DSM Anti Infectives India Limited (India), Vitatene S.A. (Spain), Fersinsa Gist Brocades, S.A. de C.V. (Mexico), DSM (China) Ltd. (China), among others.

ADM

ADM is headquartered in Illinois, U.S., was founded in 1902. The company engaged in commercializing of Ag services, carbohydrate solution, nutrition and nutrition is the market focused business segment. The company offers product categories which are food and beverage solutions, animal nutrition, fuel, industrials, logistics, farmer services, financial services, sparkhub out of which food and beverage solutions is market focused category.

For instance,

  • In June 2018, ADM expanded the health & wellness of humans and animals by acquiring Probiotic International Limited (PIL). The Probiotics International Limited is a supplier of probiotic supplements to humans, pets and production-animal use in the U.K. ADM is the world’s largest leading suppliers of human and animal nutrition products and acquisition with PIL has improved the product portfolio and expanded the health and wellness sector of the company.

The company has wide global presence across North America, Asia-Pacific, Middle East and Africa, Europe and generates revenue from subsidiaries such as ADM Investor Services, Inc., (U.S.), ADM Investor Services International, Limited (Europe), ADMIS Singapore Pte. Limited (Singapore), ADMIS Hong Kong Limited (China).

Croda International Plc

Croda International Plc headquartered in England, U.K. and was founded in year 1925. The company engaged in manufacturing and commercializing of wide range of Omega-3 for Food Application across the world. The company offers wide range of product categories such as adhesives, agrochemicals, automotive and transport, beauty and personal care, buildings and construction, dietary supplements, electronics & devices, energy, resources and renewables, food ingredients, fragrances, furniture and wood, household, industrial and institutional cleaning, lubricants, oleochemicals, packaging, print and paper, paints and coatings, pharmaceuticals, phase change materials and thermal management, polymers and additives, skin health, textiles, nonwovens and tissues, water treatment from which dietary supplements is market focused category.

For instance,

  • In November 2020, Croda International Plc won Syngenta Supplier Partnership Award 2020. This award was presented for Croda’s great customer service and responsiveness, its innovation and support on multiple projects around the world, and especially its support of Syngenta’s sustainability goals.

The company has wide global presence across the world as North America, South America, Europe, Asia-Pacific, Middle East & Africa and generates revenue from subsidiaries such as Croda Pension Trustees Limited (U.K.), Croda China Trading Company Ltd (China), Croda Chocques SAS (France), Croda Investments Inc (USA), AM Coatings BV (Netherland), among others.