DSM Ups Omega-3 Prices by 15 Percent

KAISERAUGST, SwitzerlandDSM Nutritional Products increased its price for fish-based omega-3 products by at least 15 percent. This global pricing adjustment will compensate for the increased cost of sourcing crude fish oils, which has reached an all-time high. The new pricing is effective immediately for new contracts, but DSM said existing contracts will be honored.

The omega-3 market is growing quickly, largely driven by fish oil sales in the United States and abroad. In October, market research firm Packaged Facts estimated omega-3 sales will surpass $34 billion by 2016. Learn more about the science driving these high sales in the INSIDER slide show "7 Omega-3 Brain Benefits."