More Chinese consumers have been taking krill oil supplementation in the past two to three years, with anti-ageing as one of the most common reasons, says CEO of krill oil supplier firm Aker BioMarine.
Krill oil supplementation is gaining traction amongst Japan’s beauty seekers, claims supplier Aker BioMarine, which recently set up an office in Tokyo.
A total of 22 imported krill oil products – mostly from the United States – have failed the latest round of inspection by the South Korean authorities for mixing different oils in the products.
South Korean krill oil manufacturer Biocorp has developed a ‘hyper’ version of high phospholipid content krill oil – where the phospholipid concentration is 61 per cent.
South Korean authorities say that a number of products which claimed to be “100 per cent” krill oil, actually contained vegetable oil and other blends of oils and fats.
In its first earnings statement since the conclusion of its long-standing intellectual property battle with its krill competitors, Neptune CFO Andre Godin said the company is coming to the end of the of a difficult period.
Aker BioMarine, one of the world’s biggest of krill-derived omega-3 phospholipid products, has achieved New Food Raw Material status for Superba krill in China meaning it can now enter the potentially lucrative Chinese market.
Norway-based krill supplier Aker BioMarine announced Tuesday that Australian authorities have upheld the lion’s share of its Australian krill oil patent over a re-examination challenge lodged by competitor Neptune Technologies and Bioressources.
Neptune Technologies & Bioressources has secured “new and firm orders amounting to US$25M for calendar year 2013” for its krill oil, driven by strong demand from Asia.
Aker BioMarine has signed its first agreement to supply a Chinese supplement maker with its branded krill oil, in a deal that paves the way for a new category in the country.