Latest Developments in Global Algae Oil Market

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Latest Developments in Global Algae Oil Market

  • Chemical and Materials
  • Feb 2025
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In October 2024, GC Rieber VivoMega will debut its new VivoMega Algal EPA+DHA ingredient at SupplySide West, and since its launch in March 2024, the company has doubled its expected algal production
  • In March 2024, Veramaris completed the three-year registration process required to supply Canadian salmonid farming, and the approval allows Veramaris to provide MSC and ASC-certified DHA and EPA derived from its algal oil, a regional alternative to fish oil that supports the shift to alternative omega-3 sources in aquaculture
  • In March 2024, biotechnology firm Checkerspot entered a joint agreement with AAK to develop, scale, and commercially produce an alternative source of oils and fats, and Checkerspot specializes in producing renewable oils through the fermentation of microalgae for food ingredients and performance products
  • In May 2024, MegaFood, a Certified B Corporation and member of 1% for the Planet, launched Omega 3-6-9, a plant-powered complex featuring 600 mg of Omega-3, sourced from farm-traceable Ahiflower® and fish-free algae oil, and this product supports heart, brain, vision, and joint health while being environmentally conscious, coated with organic lemon oil to reduce aftertaste
  • In June 2022, Fermentalg, an industrial biotechnology company, received European Novel Food authorization for its DHA-enriched oil, marking the company's first product launch aimed at the human nutrition market