Neptune to almost quadruple krill oil capacity by 2014
The company, which is also exploring new technologies that could boost its presence in the functional food market, was speaking to NutraIngredients-USA.com after announcing deals with two key distributors in the US.
Together, the distributors represented close to 30 percent of the US food, drug and mass merchandise nutraceuticals channel, claimed CFO André Godin. “Following initial commitments from these large distributors, we estimate a minimum volume of 50,000 kg per year.”
Sub-head
The first phase of the expansion at Neptune ’s facility in Sherbrooke, Quebec, should be completed by March 2012, and would be achieved without a plant shutdown, said finance director Frédéric Harland.
Longer-term, Neptune was exploring other locations, he said. “ We are considering a plant at a different location. I cannot disclose more on this matter.
“With what we have in our pipeline, we will need close to 500,000kg by 2014. The first phase will get us to 250,000kg, the second phase to 350,000, and the last one close to 500,000kg.”
Krill , claims and functional foods
US customers were making a range of structure/function claims on pack about Neptune’s krill oil, covering joint health, cardiovascular health, PMS and antioxidant benefits, said R&D director Wael Massrieh.
While the initial focus had been on dietary supplements, there had also been new developments on the functional foods front with NKO (Neptune Krill Oil) now successfully incorporated into “ several foods including yogurt, health bars and some juices”, said Massrieh.
Although krill oil has more antioxidants in it than fish oil, and was therefore more stable, it was still quite challenging to use in some food applications, he said.
“[However], we recently discovered new technology that could be suitable to microencapsulate the oil that would offer a powder form of NKO which would be much easier to incorporate into more foods.”
Differentiation in the market
Neptune’s major rival in the krill oil market is Norwegian firm Aker Biomarine, which supplies the Superba krill oil brand.
However, Neptune's patented extraction process used “ a better solvent, which ensures a better efficiency of oil extraction ”, was more stable, and higher in antioxidants, claimed Massrieh.
What Is Krill Oil - News
Canadian krill oil firm Neptune Technologies & Bioressources aims to ratchet up production capacity from 130000kg/year to almost 500000kg by 2014 to meet growing demand. The company, which is also exploring new technologies that could boost its
If you don't like fish, omega-3 fatty acids can also be found in krill oil, walnuts, avocado, and perilla seed oil. Looking for an alternative to fish oil supplements, but still want to get extra omega 3-s?
LAVAL, Quebec—Neptune krill oil will now be available to more US national retailers and wholesalers, creating more brand recognition for the omega-3 ingredient from Neptune Technologies & Bioressources Inc. Neptune recently finalized agreements with
According to company officials, Neptune Technologies has signed contracts with two large US distributors that management believes will increase demand for its Neptune Krill Oil product by nearly 50%. The company is significantly enhancing its presence
The tiny creatures produce a unique kind of oil that has proven to have numerous medicinal benefits. Krill oil supplements have proven to reduce cholesterol, relieve arthritis pain, attention deficit disorder, and other chronic problems.
Neptune to almost quadruple krill oil capacity by 2014
The company, which is also exploring new technologies that could boost its presence in the functional food market, was speaking to NutraIngredients-USA.com after announcing deals with two key distributors in the US.
Together, the distributors represented close to 30 percent of the US food, drug and mass merchandise nutraceuticals channel, claimed CFO André Godin. “Following initial commitments from these large distributors, we estimate a minimum volume of 50,000 kg per year.”
Sub-head
The first phase of the expansion at Neptune’s facility in Sherbrooke, Quebec, should be completed by March 2012, and would be achieved without a plant shutdown, said finance director Frédéric Harland.
Longer-term, Neptune was exploring other locations, he said. “ We are considering a plant at a different location. I cannot disclose more on this matter.
“With what we have in our pipeline, we will need close to 500,000kg by 2014. The first phase will get us to 250,000kg, the second phase to 350,000, and the last one close to 500,000kg.”
Krill, claims and functional foods
US customers were making a range of structure/function claims on pack about Neptune’s krill oil, covering joint health, cardiovascular health, PMS and antioxidant benefits, said RD director Wael Massrieh.
While the initial focus had been on dietary supplements, there had also been new developments on the functional foods front with NKO (Neptune Krill Oil) now successfully incorporated into “ several foods including yogurt, health bars and some juices”, said Massrieh.
Although krill oil has more antioxidants in it than fish oil, and was therefore more stable, it was still quite challenging to use in some food applications, he said.
“[However], we recently discovered new technology that could be suitable to microencapsulate the oil that would offer a powder form of NKO which would be much easier to incorporate into more foods.”
Differentiation in the market
Neptune’s major rival in the krill oil market is Norwegian firm Aker Biomarine, which supplies the Superba krill oil brand.
However, Neptune’s patented extraction process used “ a better solvent, which ensures a better efficiency of oil extraction ”, was more stable, and higher in antioxidants, claimed Massrieh.
What Is Krill Oil - Bookshelf
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Krill oil is increasingly being researched for its health benefits (see below), and one of the nicest of those benefits is the effect krill oil has on ...Collins Alternative Health Guide
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Krill oil - Wikipedia, the free encyclopedia
Krill oil is made from a species of krill [Euphausia superba] ... Krill is considered by many scientists to be the largest biomass in the world. ...
What is Krill Oil?
Krill oil is extracted from Krill that are shrimp-like crustaceans that are approximately 1 to 6 centimetres long. They live in the ocean, where they ...
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There are reports saying that there is a new omega 3 supplement in town to challenge the highly respected and reliable oil supplement - that new product is krill oil. ...