View in browser | March 18, 2024

The GOED Current

GOED Publishes

2023 Annual Report

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GOED has published the 2023 edition of our Annual Report. The report outlines our accomplishments over the past year, 2023 financials and details on the scope of our membership.

GOED Hiring Regulatory & Technical Support Manager

GOED is seeking a Regulatory and Technical Support Manager. This role will assist in regulatory and technical activities, including updating global regulations and executing our randomized testing program. See the full job description, qualifications and how to apply in the posting below. 

See full job description

Meet a GOED Member:
Lipid Analytical Labs

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In the latest interview in our Meet a GOED Member video series, we interviewed Andrew Jenkins, Laboratory Director for GOED member Lipid Analytical Labs. Click the thumbnail or the button below to learn about the company’s work and contact Andrew for more information.

Watch now
Omega-3 News (1)

Please note that GOED does not analyze or make any representation of accuracy for the Omega-3 News items. This is simply a compilation of news articles found on the internet that are relevant to the EPA and DHA business.

Highlights

GOED Submits Letter to EC on Mixed Tocopherols in Advance of Proposed MOAH ML Setting

As reported in the February 19 GOED Current, the European Commission (EC) recently issued a working document announcing an open consultation to stakeholders on a proposal for a maximum limit (ML) on mineral oil aromatic hydrocarbons (MOAH) of 2 mg/kg for food additives, which includes antioxidants. In response, GOED prepared and submitted a letter regarding mixed tocopherols (E306). In the letter, GOED pointed out that MOAH frequently cannot be quantified in mixed tocopherols due to massive matrix interference, and that the setting of an ML for MOAH may lead to a situation where companies cannot purchase or use mixed tocopherols in their operations.

 

No information has been provided regarding the timeline for when the regulation is expected to be enforced. We will inform members if the EC responds to our letter. Please direct any questions to Gerard Bannenberg.

Production & Supply Chain

GOED member Bioriginal has developed a new line of omega-3 fish, algal and plant-based oils in collaboration with recently-purchased POS Biosciences.
Read on » 
 
GOED member Veramaris has received authorization for the use of its algal oil in salmonid aquafeeds in Canada.
Read on » 
 
India signed a trade and economic partnership agreement with the four-nation European Free Trade Association (including Iceland, Liechtenstein, Norway and Switzerland) to boost trade investments. The government will phase out customs duties on imported goods, including seafood, oils and other foods and beverages.
Read on » 

Regulatory & Certification

The final report for the 28th Session of the Codex Committee on Fats and Oils (CCFO28) has been posted to the Codex website. GOED last reported on CCFO28 in the February 28, 2024 GOED Current.

 

On March 12, 2024, China's National Health Commission (NHC) and State Administration for Market Regulation (SAMR) unveiled two new standards:

  • GB 2760-2024 Standard for the Use of Food Additives, which is scheduled to come into force on 8 February 2025. This new standard replaces GB  2760-2014.
  • GB 1903.66-2024 National Food Safety Standard Nutritional Fortification Substance Docosahexaenoic Acid Oil (Fermentation), which is scheduled to come into force on 8 August 2024. This new standard replaces GB 26400-2011 National Food Safety Standard Food Additive Docosahexaenoic Acid Oil (Fermentation Method).

 

A class action lawsuit has been filed against Walmart, alleging its Spring Valley Omega-3 Fish Oil Soft Gels product is falsely marketed as beneficial for heart health and missing the FDA-required disclaimer from its packaging. 

Read on » 

Solutions Needed

GOED is offering connections for companies looking for omega-3 related solutions or partners. If you want to include an anonymous request, please contact Ashley Becnel.

 

(New) A company is looking for 18/12 fish oil in softgels. [Posted 3/18/2024]

Inquire » 

 

(New)  A company is looking for fish oil with a minimum of 55.5% EPA and 25.5% DHA (86% total omega-3). [Posted 3/18/2024]

Inquire » 

 

(New)  A company is looking for fish oil above 20% EPA/DHA. [Posted 3/18/2024]

Inquire » 

 

(New)  VTA, a technical solutions provider, is offering trials for interested GOED member companies to study the removal of MOSH and MOAH from EPA/DHA omega-3 ingredient oils. If you are interested, please contact Raphael Wagensonner. [Posted 3/18/2024]

 

A company is looking for feed-grade fish oil with a minimum of 27% EPA + DHA.
[Posted 3/11/2024]

Inquire » 

 

A GOED member company has 300 mT of TG or EE 18/12 fish oil available. [Posted 3/4/2024]

Inquire » 

 

A company is looking for 4 to 8 metric tons of ethyl ester fish oil (40/30), with a potential for substantial volume growth in the near future. [Posted 3/4/2024]

Inquire » 

 

A GOED member has omega-3 concentrates available for pet supplements and pet food. [Posted 3/4/2024]

Inquire » 

 

A company is looking for volumes up to 1000 tons per year of fish oil-derived distillates containing at least 6% cholesterol. [Posted 3/4/2024]

Inquire » 

Markets

The Chinese cross-border e-commerce (CBEC) health supplement data pack for January 2024 published by TMO Group and GOED partner HPA China included the following highlights:
  • GOED member Blackmores brought in 30,996,203 RMB (US$4.8 million, €4.2 million) in sales revenues, ranking third among the top ten health supplement brands.
  • Swisse High Concentration Deep Sea Fish Oil Omega-3 Soft Capsules DHA/EPA was the third best-selling product by sales.

Read on » 

Marketing

GOED member Aker BioMarine received the Norwegian Export Prize 2024 from Efskin-Export Finance Norway and Innovation Norway. This recognition celebrates innovative Norwegian export enterprises that have exhibited sustained success and contributed value to Norway through international markets.

Read on » 

New Products

GOED member dsm-firmenich partnered with US supplement manufacturer SCN BestCo to develop high-dose, algae-derived omega-3 gummies that offer 400 mg of EPA+DHA omega-3s in two gummies. 

Read on » 

 

Pure Encapsulations, owned by GOED member Nestle Health Sciences, launched its supplement brand in The Vitamin Shoppe and Super Supplements stores across the US. The brand was previously focused on the practitioner channel.

Read on » 

Sustainability

GOED member Austral Group became the first company in Latin America to achieve ISO 20400 certification, validating its commitment to sustainable purchasing. 

Read on » 

 

Youtheory's Ocean-Friendly Omega won the Natural Product Expo West Nexty Award in the sustainable supplement category.

Read on » 

People in the News

GOED member Biodroga/Neptune Wellness Solutions has named Michael De Geus the Interim President and Chief Executive Officer.

Read on » 

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GOED Committees

GOED members are welcome to join these upcoming GOED committee calls.
  • Regulatory Affairs Committee, March 12, 16:00 UTC [Click for your time zone]
  • Communications Committee, March 19, 16:00 UTC [Click for your time zone]
    February meeting minutes
  • Sustainability Committee, March 20, 15:00 UTC [Click for your time zone]
    February meeting minutes
  • Science Committee, March 27, 8:00 UTC [Click for your time zone]
    This month's call will be held at a different time to accommodate members in Asia.
  • Technical Committee, April 11, 16:00 UTC [Click for your time zone]
    February meeting minutes
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Omega-3 Job Board

This section includes job openings of interest to the omega-3 industry. Please email Vicky Lin if you’d like to list a position here.
Aker BioMarine is hiring a Supply Planning Manager.
Learn more »
Nofima is hiring for many positions, including a Processing Technology Researcher.
Learn more (General) »
Learn more (Researcher) »
NOW Foods is hiring for many positions.
Learn more »
Pharmavite is hiring for many positions.
Apply here »
SGS Nutrasource is hiring a medical doctor.
Learn more »
Trident Seafoods is hiring for multiple positions.
Apply here »
The Wild Alaskan Company is hiring for several positions.
Apply here »
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