- In October 2023, MarinTrust unveiled a revised version of its Marine Ingredients Factory Standard, marking a significant step toward strengthening sustainability and traceability in the marine ingredients sector. The updated standard introduces enhanced requirements aimed at improving environmental practices, ethical sourcing, and operational transparency within factories producing marine-based ingredients. Set to come into effect on May 1, 2024, the revision reflects industry feedback and evolving global expectations around responsible sourcing, further reinforcing MarinTrust’s role in promoting best practices across the supply chain
- In 2022, DSM Nutritional Products acquired Aker BioMarine, a Norwegian company specializing in krill oil production. This acquisition enhances DSM's portfolio in the marine ingredients market, particularly in omega-3 fatty acids derived from krill oil, which are valued for their cardiovascular and cognitive health benefits
- In 2021, Lonza Group acquired Nutrasource, a Canadian firm specializing in the manufacturing of marine collagen. This move allows Lonza to expand its presence in the beauty and wellness segments, leveraging Nutrasource’s expertise in high-quality marine collagen, which is sought after for its skin and joint health benefits
- In 2020, BASF purchased Croda International, a British firm that specializes in natural ingredient production. By acquiring Croda, BASF strengthened its position in the marine ingredients market, particularly in sustainable and natural products, catering to the growing consumer demand for eco-friendly and health-focused ingredients
