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Veramaris

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uuid000ajq1

Namestring
Veramaris
Legal namestring
Veramaris V.O.F.
Websiteurl
veramaris.com
Company typeenum
Private
Founded yearint
2018
Descriptiontext

Veramaris produces omega-3 fatty acids EPA and DHA from natural marine algae (Schizochytrium ssp.) for use in aquaculture feed, pet nutrition, and related animal nutrition applications. The company's core technology is a proprietary large-scale fermentation process yielding algal oil with >60% EPA and DHA potency — roughly twice the concentration of conventional fish oil — produced at its US$200 million zero-waste facility in Blair, Nebraska, with pilot capacity in Slovakia. Production is contamination-free, operates year-round, and is fully traceable. Intellectual property covers the algae strain, fermentation processes, and downstream operations, and Veramaris is the first microalgae producer to hold ASC-MSC joint certification and FDA GRAS approval.

Veramaris operates a B2B enterprise ingredient sales model targeting feed producers (notably Skretting, the global aquaculture feed leader), major aquaculture companies (Atlantic Sapphire, Lingalaks, Blumar, Mowi), and value-chain retailers (Auchan, Tesco, Kaufland, Albert Heijn, Supermarché Match). The company generates revenue through volume-based product sales and recurring feed ingredient supply contracts. Distribution is primarily channel-mediated: feed manufacturers incorporate Veramaris algal oil into formulated feeds that reach fish and shrimp farmers, with downstream retailers marketing the resulting sustainable seafood under differentiated brands. Complementary digital tools — the Omega-3 Deposition Model (O3D) developed with SPAROS, the FFDRoil Calculator, and large-scale Big Data Studies in Norway (2025) and Chile (2026) — deepen customer engagement and reinforce product positioning.

Founded in 2017–2018 as a 50/50 joint venture between DSM and Evonik, Veramaris is headquartered in Delft, Netherlands, employs 11–50 staff, and operates globally with commercial reach across Europe, North America, South America, and Asia Pacific. The company is private, profitable, and was recognized with the 2019 F3 Fish Oil Challenge, 2026 NASF Sustainability Award, and Science Based Target initiative approval for a 38% Scope 1+2 emissions reduction by 2030. A leadership transition announced in November 2025 (Mark van Nieuwland as CEO from January 2026) signals a scale-up phase following its commercial ramp.

Short descriptiontext

Veramaris is a DSM-Evonik joint venture that produces omega-3 EPA and DHA from natural marine algae for aquaculture feed and pet nutrition, selling B2B to feed producers (notably Skretting), major aquaculture operators, and retailers globally.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersDelft, Netherlands
HQ citystring
Delft
HQ countrystring
Netherlands
HQ regionstring
Europe
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
algal omega-3 oil, aquaculture feed ingredients, microalgae fermentation, sustainable fish oil alternative, EPA DHA production
Industry2 codes
1Omega-3 & Marine/Algal Lipids (EPA/DHA Oils, Concentrates)
CodeAFAJALAKPrimaryYes
2Omega-3 & Specialty Lipids (Fish/Algal Oils, EPA/DHA, MCTs, CLA, Phospholipids)
CodeAFAJAKACPrimaryNo
NAICS code1 code
  • Fats and Oils Refining and Blending311225
SIC code1 code
  • Fats & Oils2070
Product category
Aquaculture Feed Ingredients
Social media profiles2 records
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model3 records
1Algal Oil Product Sales
TypeTransaction Fee
Description

Sale of natural marine algal oil rich in EPA and DHA omega-3 fatty acids to feed producers and aquaculture companies. The product is sold as an ingredient for incorporation into aquaculture feed, enabling farmers to produce omega-3 rich seafood without relying on finite fish oil resources. Revenue is generated through product sales with volume-based contracts.

veramaris.com
2Feed Ingredient Supply
TypeSubscription Recurring
Description

B2B supply of omega-3 ingredients to feed manufacturers (e.g., Skretting) who incorporate Veramaris algal oil into formulated feeds for aquaculture. The company operates through value chain partnerships where feed producers integrate the algal oil into their product offerings.

veramaris.com
3Pet Nutrition Ingredients
TypeTransaction Fee
Description

Sale of algal oil for pet food applications, extending beyond aquaculture to pet nutrition markets where EPA and DHA support pet health.

veramaris.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Veramaris produces omega-3 fatty acids EPA and DHA from natural marine algae (Schizochytrium ssp.) through proprietary large-scale fermentation at its Blair, Nebraska facility. The company sells its algal oil as a sustainable, ASC-MSC certified feed ingredient to aquaculture feed producers, fish and shrimp farmers, and pet food manufacturers, replacing finite wild-caught fish oil.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 7 values shown
  • 11% improvement in economical feed conversion ratio (eFCR) with above-average EPA + DHA levels
+6 more records
Product and service3 records
1Veramaris Algal Oil
CategoryAquaculture Feed Ingredients
Description

Naturally derived omega-3 EPA and DHA oil (>60% potency) from marine algae, produced through proprietary fermentation. Sold to feed producers and aquaculture companies as a sustainable alternative to fish oil.

2Veramaris Algal Oil for Shrimp Feed
CategoryAquaculture Feed Ingredients
Description

Specialized application of Veramaris algal oil formulated for shrimp aquaculture feed, delivering EPA and DHA to improve shrimp survival (three-fold improvement reported for early mortality syndrome), growth, and product quality.

3Veramaris Pets
CategoryPet Nutrition Ingredients
Description

Algal oil product line for pet food manufacturers, providing sustainable EPA and DHA omega-3 fatty acids to support pet health and wellness in premium pet nutrition formulations.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership17 partners
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-01-01
Description

Digital nutrition partnership to develop the Omega 3 Deposition Model (O3D). Collaboration featured as Digital Nutrition case study, created to answer how to consistently deliver right levels of EPA & DHA in final fillet.

2Merwetank
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-09-01
Description

Strategic partnership for bulk storage infrastructure to strengthen algae oil supply chain security. Partnership reflects growing demand and confidence in Veramaris ASC-MSC certified sustainable algae oil, setting new benchmark for supply chain innovation.

veramaris.com
Strategic tierMinorTypeGTM or Marketing PartnerAnnounced on2025-01-01
Description

Partnership with World Ocean Council for Ocean Titans docuseries with Reuters to showcase Veramaris work in providing regenerative and sustainable source of Omega-3 for aquaculture.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2023-01-01
Description

Leading Netherlands-based shrimp importer established consortium with Skretting, Veramaris, and Protix to supply sustainable shrimp to European supermarkets. Feed formulation partially replaces fish oil with Veramaris algae oil.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2023-01-01
Description

Dutch sustainable feed ingredient supplier producing insect meal from black soldier fly larvae. Part of sustainable shrimp consortium with Klaas Puul, Skretting, and Veramaris supplying Albert Heijn.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2021-10-01
Description

World leader in aquaculture feed manufacturing with production facilities in 19 countries. Skretting incorporates Veramaris algal oil into formulated feeds for customers including Atlantic Sapphire, Lingalaks, Blumar, and others. The partnership includes R&D collaboration on novel feed formulations and development of Bluehouse-specific feeds.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-10-01
Description

Largest global land-based aquaculture company using Bluehouse farming technology. Partnership to include Veramaris algal oil from Q4 2021, reducing fish oil content by approximately 25% and accelerating elimination of marine-derived feed ingredients by 2025.

Strategic tierMinorTypeGTM or Marketing PartnerAnnounced on2019-01-01
Description

WWF-founded feed innovation accelerator selected Veramaris as alternative Omega-3 feed ingredient partner for FEED-X programme focused on accelerating adoption of novel feed ingredients.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Norwegian salmon farmer that started commercial production of salmon fed on Veramaris omega-3 marine algal oil. Source of salmon for Supermarché Match in France and other retailers.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Chilean salmon farmer including Veramaris algal oil into Skretting feed for their Laguna Blanca salmon destined for the global market. Partnership for better health, welfare and quality outcomes for Atlantic Salmon.

Strategic tierMajorTypeChannel Partner/ Reseller/ Distributor
Description

German retailer and first in Germany to introduce sustainable algal-fed salmon under own brand 'K-Blue Bay'. Committed to reducing wild fish used in feed to less than one kilogram for production of one kilogram of salmon.

Strategic tierMajorTypeChannel Partner/ Reseller/ Distributor
Description

British retailer updating salmon standards to incorporate more sustainable feed ingredients like Veramaris algal oil. Tesco's decisions influence consumers and other retailers as world's third largest retailer with over 3400 stores.

Strategic tierMajorTypeChannel Partner/ Reseller/ Distributor
Description

French retailer introducing trout (Filière Responsable) with microalgae in feed, replacing fish meal and fish oil specifically caught for aquaculture. Pioneer in sustainable aquaculture supply chains.

Strategic tierMajorTypeChannel Partner/ Reseller/ Distributor
Description

French supermarket chain that launched salmon fed with Veramaris algal oil. Reported 12% growth in salmon category following sustainable salmon launch. Extended partnership to include trout.

Strategic tierMajorTypeChannel Partner/ Reseller/ Distributor
Description

Largest Dutch supermarket chain (part of Ahold Delhaize) committed to purchasing shrimp fed on sustainable feed incorporating Veramaris algae oil. First major food retailer in Netherlands with such commitment.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

World's largest salmon farmer committed to trialing Veramaris natural marine algal oil following Veramaris winning F3 Fish Oil Challenge.

Strategic tierMinorTypeGTM or Marketing Partner
Description

Leading NGO supporting F3 Fish Oil Challenge initiative to accelerate innovation in aquaculture feed and reduce industry's reliance on wild-caught fish.

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Producer of concentrated omega-3 EPA and DHA oils, primarily from fish oil but expanding into algae. Epax competes with Veramaris for omega-3 ingredient slots in aquaculture and pet nutrition formulations.

TypeBroad incumbent
Description

Global agribusiness and animal nutrition major supplying aquafeed ingredients including omega-3 sources. ADM's scale in oilseed processing and feed formulation makes it a natural competitor and potential partner for omega-3 distribution.

TypeBroad incumbent
Description

Co-parent of Veramaris and a major specialty chemicals producer with adjacent omega-3 amino acid and fermentation capabilities. Strategic priorities may diverge from Veramaris's standalone focus over time.

4Royal DSM (dsm-firmenich)
TypeBroad incumbent
Description

Parent company of Veramaris and operator of the competing lifeDHA® algal DHA ingredient portfolio. As both owner and adjacent competitor, DSM's broader nutrition platform could compete with or absorb Veramaris over time.

TypeBroad incumbent
Description

One of the largest global aquafeed producers and a direct competitor to Skretting in salmon feed. Cargill's animal nutrition platform increasingly incorporates alternative omega-3 ingredients and could vertically integrate into algal production.

TypeBroad incumbent
Description

UK-based specialty chemicals company producing omega-3 and lipid ingredients for nutrition applications. Croda's Incromega and similar franchises compete with Veramaris in the high-purity omega-3 ingredient market.

TypeEmerging player
Description

French insect protein producer (black soldier fly) supplying aquafeed as an alternative to fish meal. Represents the broader wave of alternative feed ingredients (including Veramaris partner Protix) competing for the same sustainability-driven aquafeed slot.

TypeRegional player
Description

Norwegian fish oil refiner producing refined omega-3 oils for aquafeed and human nutrition, primarily serving Nordic and European markets. Direct substitute supplier competing on price in the salmon feed omega-3 slot.

TypeBroad incumbent
Description

Major animal nutrition company producing aquafeed ingredients and supplements, including omega-3 solutions. Alltech competes in adjacent feed additive categories and is investing in alternative protein and algae-based ingredients.

TypeDirect peer
Description

Corbion, through its AlgaPrime JV with Bunge, produces DHA-rich algal oil from Schizochytrium for aquafeed, directly competing with Veramaris in the same algal omega-3 ingredient slot for salmon and shrimp feed.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers9 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles14 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Veramaris

Aquaculture Feed Ingredientsveramaris.com

Veramaris is a DSM-Evonik joint venture that produces omega-3 EPA and DHA from natural marine algae for aquaculture feed and pet nutrition, selling B2B to feed producers (notably Skretting), major aquaculture operators, and retailers globally.

What Veramaris does

Veramaris produces omega-3 fatty acids EPA and DHA from natural marine algae (Schizochytrium ssp.) for use in aquaculture feed, pet nutrition, and related animal nutrition applications. The company's core technology is a proprietary large-scale fermentation process yielding algal oil with >60% EPA and DHA potency — roughly twice the concentration of conventional fish oil — produced at its US$200 million zero-waste facility in Blair, Nebraska, with pilot capacity in Slovakia. Production is contamination-free, operates year-round, and is fully traceable. Intellectual property covers the algae strain, fermentation processes, and downstream operations, and Veramaris is the first microalgae producer to hold ASC-MSC joint certification and FDA GRAS approval.

Veramaris operates a B2B enterprise ingredient sales model targeting feed producers (notably Skretting, the global aquaculture feed leader), major aquaculture companies (Atlantic Sapphire, Lingalaks, Blumar, Mowi), and value-chain retailers (Auchan, Tesco, Kaufland, Albert Heijn, Supermarché Match). The company generates revenue through volume-based product sales and recurring feed ingredient supply contracts. Distribution is primarily channel-mediated: feed manufacturers incorporate Veramaris algal oil into formulated feeds that reach fish and shrimp farmers, with downstream retailers marketing the resulting sustainable seafood under differentiated brands. Complementary digital tools — the Omega-3 Deposition Model (O3D) developed with SPAROS, the FFDRoil Calculator, and large-scale Big Data Studies in Norway (2025) and Chile (2026) — deepen customer engagement and reinforce product positioning.

Founded in 2017–2018 as a 50/50 joint venture between DSM and Evonik, Veramaris is headquartered in Delft, Netherlands, employs 11–50 staff, and operates globally with commercial reach across Europe, North America, South America, and Asia Pacific. The company is private, profitable, and was recognized with the 2019 F3 Fish Oil Challenge, 2026 NASF Sustainability Award, and Science Based Target initiative approval for a 38% Scope 1+2 emissions reduction by 2030. A leadership transition announced in November 2025 (Mark van Nieuwland as CEO from January 2026) signals a scale-up phase following its commercial ramp.

Veramaris firmographics

Firmographics
Name
Veramaris
Legal name
Veramaris V.O.F.
Website
https://veramaris.com
Company type
Private
Founded year
2018
Operating status
Operating
Headcount range
11–50 employees
Short description
Veramaris is a DSM-Evonik joint venture that produces omega-3 EPA and DHA from natural marine algae for aquaculture feed and pet nutrition, selling B2B to feed producers (notably Skretting), major aquaculture operators, and retailers globally.
Ownership category
akta.pro rank

Veramaris industry classification

Industry
Product category
Aquaculture Feed Ingredients
NAICS
Fats and Oils Refining and Blending (311225)
SIC
Fats & Oils (2070)
akta.pro primary industry
Omega-3 & Marine/Algal Lipids (EPA/DHA Oils, Concentrates) (AFAJALAK)
akta.pro secondary industry
Omega-3 & Specialty Lipids (Fish/Algal Oils, EPA/DHA, MCTs, CLA, Phospholipids) (AFAJAKAC)

Keywords

  • Algal omega-3 oil
  • Aquaculture feed ingredients
  • Microalgae fermentation
  • Sustainable fish oil alternative
  • EPA DHA production

Where Veramaris is headquartered

Location

Headquarters

HQ city
Delft
HQ country
Netherlands
HQ region
Europe

Offices3 records

Markets served

Veramaris business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

  1. Algal Oil Product Sales: Sale of natural marine algal oil rich in EPA and DHA omega-3 fatty acids to feed producers and aquaculture companies. The product is sold as an ingredient for incorporation into aquaculture feed, enabling farmers to produce omega-3 rich seafood without relying on finite fish oil resources. Revenue is generated through product sales with volume-based contracts.
  2. Feed Ingredient Supply: B2B supply of omega-3 ingredients to feed manufacturers (e.g., Skretting) who incorporate Veramaris algal oil into formulated feeds for aquaculture. The company operates through value chain partnerships where feed producers integrate the algal oil into their product offerings.
  3. Pet Nutrition Ingredients: Sale of algal oil for pet food applications, extending beyond aquaculture to pet nutrition markets where EPA and DHA support pet health.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Veramaris product offering

Product offering

Core offering

Veramaris produces omega-3 fatty acids EPA and DHA from natural marine algae (Schizochytrium ssp.) through proprietary large-scale fermentation at its Blair, Nebraska facility. The company sells its algal oil as a sustainable, ASC-MSC certified feed ingredient to aquaculture feed producers, fish and shrimp farmers, and pet food manufacturers, replacing finite wild-caught fish oil.

Differentiator

Problem solved

Functional benefit

Products and services

  • Veramaris Algal Oil Naturally derived omega-3 EPA and DHA oil (>60% potency) from marine algae, produced through proprietary fermentation. Sold to feed producers and aquaculture companies as a sustainable alternative to fish oil.
  • Veramaris Algal Oil for Shrimp Feed Specialized application of Veramaris algal oil formulated for shrimp aquaculture feed, delivering EPA and DHA to improve shrimp survival (three-fold improvement reported for early mortality syndrome), growth, and product quality.
  • Veramaris Pets Algal oil product line for pet food manufacturers, providing sustainable EPA and DHA omega-3 fatty acids to support pet health and wellness in premium pet nutrition formulations.

Quantifiable outcome

  • 11% improvement in economical feed conversion ratio (eFCR) with above-average EPA + DHA levels
  • +6 more outcomes

Companies that use Veramaris

Customer profile

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Veramaris technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Veramaris partnerships and signals

Strategic signal

Partnerships

17 partnerships are on record, tiered core, minor, major and flagship.

  • SPAROS LdacoreTechnology or Integration · 1 January 2026Digital nutrition partnership to develop the Omega 3 Deposition Model (O3D). Collaboration featured as Digital Nutrition case study, created to answer how to consistently deliver right levels of EPA & DHA in final fillet.
  • MerwetankcoreTechnology or Integration · 1 September 2025Strategic partnership for bulk storage infrastructure to strengthen algae oil supply chain security. Partnership reflects growing demand and confidence in Veramaris ASC-MSC certified sustainable algae oil, setting new benchmark for supply chain innovation.
  • World Ocean CouncilminorGTM or Marketing Partner · 1 January 2025Partnership with World Ocean Council for Ocean Titans docuseries with Reuters to showcase Veramaris work in providing regenerative and sustainable source of Omega-3 for aquaculture.
  • Klaas PuulmajorStrategic or Co-development Partner · 1 January 2023Leading Netherlands-based shrimp importer established consortium with Skretting, Veramaris, and Protix to supply sustainable shrimp to European supermarkets. Feed formulation partially replaces fish oil with Veramaris algae oil.
  • ProtixminorStrategic or Co-development Partner · 1 January 2023Dutch sustainable feed ingredient supplier producing insect meal from black soldier fly larvae. Part of sustainable shrimp consortium with Klaas Puul, Skretting, and Veramaris supplying Albert Heijn.
  • SkrettingflagshipStrategic or Co-development Partner · 1 October 2021World leader in aquaculture feed manufacturing with production facilities in 19 countries. Skretting incorporates Veramaris algal oil into formulated feeds for customers including Atlantic Sapphire, Lingalaks, Blumar, and others. The partnership includes R&D collaboration on novel feed formulations and development of Bluehouse-specific feeds.
  • Atlantic SapphirecoreStrategic or Co-development Partner · 1 October 2021Largest global land-based aquaculture company using Bluehouse farming technology. Partnership to include Veramaris algal oil from Q4 2021, reducing fish oil content by approximately 25% and accelerating elimination of marine-derived feed ingredients by 2025.
  • Feed-X / WWFminorGTM or Marketing Partner · 1 January 2019WWF-founded feed innovation accelerator selected Veramaris as alternative Omega-3 feed ingredient partner for FEED-X programme focused on accelerating adoption of novel feed ingredients.
  • LingalakscoreStrategic or Co-development PartnerNorwegian salmon farmer that started commercial production of salmon fed on Veramaris omega-3 marine algal oil. Source of salmon for Supermarché Match in France and other retailers.
  • BlumarcoreStrategic or Co-development PartnerChilean salmon farmer including Veramaris algal oil into Skretting feed for their Laguna Blanca salmon destined for the global market. Partnership for better health, welfare and quality outcomes for Atlantic Salmon.
  • KauflandmajorChannel Partner/ Reseller/ DistributorGerman retailer and first in Germany to introduce sustainable algal-fed salmon under own brand 'K-Blue Bay'. Committed to reducing wild fish used in feed to less than one kilogram for production of one kilogram of salmon.
  • TescomajorChannel Partner/ Reseller/ DistributorBritish retailer updating salmon standards to incorporate more sustainable feed ingredients like Veramaris algal oil. Tesco's decisions influence consumers and other retailers as world's third largest retailer with over 3400 stores.
  • Auchan Retail FrancemajorChannel Partner/ Reseller/ DistributorFrench retailer introducing trout (Filière Responsable) with microalgae in feed, replacing fish meal and fish oil specifically caught for aquaculture. Pioneer in sustainable aquaculture supply chains.
  • Supermarché MatchmajorChannel Partner/ Reseller/ DistributorFrench supermarket chain that launched salmon fed with Veramaris algal oil. Reported 12% growth in salmon category following sustainable salmon launch. Extended partnership to include trout.
  • Albert HeijnmajorChannel Partner/ Reseller/ DistributorLargest Dutch supermarket chain (part of Ahold Delhaize) committed to purchasing shrimp fed on sustainable feed incorporating Veramaris algae oil. First major food retailer in Netherlands with such commitment.
  • MowicoreStrategic or Co-development PartnerWorld's largest salmon farmer committed to trialing Veramaris natural marine algal oil following Veramaris winning F3 Fish Oil Challenge.
  • The Nature ConservancyminorGTM or Marketing PartnerLeading NGO supporting F3 Fish Oil Challenge initiative to accelerate innovation in aquaculture feed and reduce industry's reliance on wild-caught fish.

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Veramaris competitors and assessment

Company assessment

Direct peers

  • Epax Norway: Producer of concentrated omega-3 EPA and DHA oils, primarily from fish oil but expanding into algae. Epax competes with Veramaris for omega-3 ingredient slots in aquaculture and pet nutrition formulations.
  • Corbion (AlgaPrime JV with Bunge): Corbion, through its AlgaPrime JV with Bunge, produces DHA-rich algal oil from Schizochytrium for aquafeed, directly competing with Veramaris in the same algal omega-3 ingredient slot for salmon and shrimp feed.

Broad incumbents

  • ADM Animal Nutrition: Global agribusiness and animal nutrition major supplying aquafeed ingredients including omega-3 sources. ADM's scale in oilseed processing and feed formulation makes it a natural competitor and potential partner for omega-3 distribution.
  • Evonik: Co-parent of Veramaris and a major specialty chemicals producer with adjacent omega-3 amino acid and fermentation capabilities. Strategic priorities may diverge from Veramaris's standalone focus over time.
  • Royal DSM (dsm-firmenich): Parent company of Veramaris and operator of the competing lifeDHA® algal DHA ingredient portfolio. As both owner and adjacent competitor, DSM's broader nutrition platform could compete with or absorb Veramaris over time.
  • Cargill Animal Nutrition (incl. EWOS): One of the largest global aquafeed producers and a direct competitor to Skretting in salmon feed. Cargill's animal nutrition platform increasingly incorporates alternative omega-3 ingredients and could vertically integrate into algal production.
  • Croda International: UK-based specialty chemicals company producing omega-3 and lipid ingredients for nutrition applications. Croda's Incromega and similar franchises compete with Veramaris in the high-purity omega-3 ingredient market.
  • Alltech: Major animal nutrition company producing aquafeed ingredients and supplements, including omega-3 solutions. Alltech competes in adjacent feed additive categories and is investing in alternative protein and algae-based ingredients.

Emerging players

  • InnovaFeed: French insect protein producer (black soldier fly) supplying aquafeed as an alternative to fish meal. Represents the broader wave of alternative feed ingredients (including Veramaris partner Protix) competing for the same sustainability-driven aquafeed slot.

Regional players

  • GC Rieber Oils: Norwegian fish oil refiner producing refined omega-3 oils for aquafeed and human nutrition, primarily serving Nordic and European markets. Direct substitute supplier competing on price in the salmon feed omega-3 slot.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Veramaris social profiles

Digital presence

Veramaris financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Veramaris leadership team

Management profile

Number of profiles

Profiles14 records

Veramaris funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Veramaris M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Veramaris

What does Veramaris do?

Veramaris produces omega-3 fatty acids EPA and DHA from natural marine algae (Schizochytrium ssp.) through proprietary large-scale fermentation at its Blair, Nebraska facility. The company sells its algal oil as a sustainable, ASC-MSC certified feed ingredient to aquaculture feed producers, fish and shrimp farmers, and pet food manufacturers, replacing finite wild-caught fish oil.

Is Veramaris a public or private company?

Veramaris is a private company. It is classified as corporate owned and is currently operating.

When was Veramaris founded?

Veramaris was founded in 2018. It employs 11 to 50 people.

Where is Veramaris based?

Veramaris is headquartered in Delft, Netherlands, in the Europe region.

How does Veramaris make money?

Three revenue lines are on record. Algal Oil Product Sales are the primary driver. The others are feed Ingredient Supply and pet Nutrition Ingredients.

Who are Veramaris's main competitors?

Direct peers on record are Epax Norway and Corbion (AlgaPrime JV with Bunge). Broad incumbents are ADM Animal Nutrition, Evonik, Royal DSM (dsm-firmenich), Cargill Animal Nutrition (incl. EWOS), Croda International and Alltech. InnovaFeed is listed as an emerging player. GC Rieber Oils is listed as a regional player.

Does Veramaris have an API?

No public API is recorded for Veramaris.

What industry is Veramaris in?

Veramaris's product category is Aquaculture Feed Ingredients. Its primary akta.pro industry code is AFAJALAK, Omega-3 & Marine/Algal Lipids (EPA/DHA Oils, Concentrates), with a secondary code of AFAJAKAC, Omega-3 & Specialty Lipids (Fish/Algal Oils, EPA/DHA, MCTs, CLA, Phospholipids). Its NAICS code is 311225 and its SIC code is 2070.

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AmbrookGood Night, Fish OilAmid growing fish oil shortages driven by El Niño weather patterns threatening Peruvian fisheries, algal oil has emerged as a cost-competitive alternative for omega-3s in salmon farming, briefly becoming cheaper than fish oil during the 2022-2023 El Niño when fish oil prices spiked to $7,000 per metric ton. Global fish oil demand already exceeds supply by 20,000 metric tons annually and is projected to widen to a 100,000 metric ton gap by 2030 as aquaculture—a $50 billion-plus industry—continues rapid growth while wild fisheries remain tapped out. Veramaris, one of the largest algal oil producers supplying roughly 5% of the world's EPA/DHA-rich oils, is evaluating expansion but faces challenges including hundreds of millions in capital requirements per facility and rising energy costs.Dsm FirmenichReducing reliance on marine resourcesVeramaris has developed Veramaris® technology that produces the essential omega-3 fatty acids EPA and DHA from natural marine algae, enabling the aquaculture industry to reduce its reliance on finite marine ingredients in feed. The company's sustainable technology can produce sufficient EPA and DHA to cover 15% of the global salmon industry's annual demand, equivalent to the omega-3 derived from 1.2 million tons of wild caught fish, while also offering feed enzyme solutions to improve digestibility of plant-based alternatives. This addresses a critical challenge facing the aquaculture sector, which needs to increase production by 30–40 million tons annually by 2030 as ocean fisheries face overfishing pressures.WoodgroupEnabling conservation and biodiversity of our oceansIn 2013, Evonik and Royal DSM formed a 50:50 joint venture called Veramaris to produce omega-3 EPA and DHA fatty acids through industrial-scale fermentation of natural marine algae. Four years later, Veramaris awarded Wood a $200 million contract to design and construct a commercial-scale omega-3 facility in Blair, Nebraska, which was successfully completed in April 2019. The facility's production capacity is equivalent to 1.2 million tons of wild fish, offering a sustainable alternative to sourcing omega-3 from depleting wild salmon populations and helping conserve ocean biodiversity.PR NewswireLivestock Feed Industry's Interest in Microalgae Surges, Microalgae Demand in Animal Feed Sector to Surpass US$ 80.9 Mn by 2031: Future Market Insights SurveyFuture Market Insights projects the global demand for microalgae in the animal feed sector will grow from US$ 57.5 Mn in 2021 to US$ 80.9 Mn by 2031, expanding at a 3.5% CAGR, driven by rising population, increasing demand for animal products, and growing adoption of microalgae as a sustainable feed ingredient. In July 2021, AstaReal AB launched its astaxanthin brand NOVASTA in the European market, while DSM and Evonik's Veramaris joint venture inaugurated a US$ 200 million commercial-scale production facility in Blair, Nebraska in July 2019. Spirulina is expected to lead the market with approximately 39% share in 2021 due to its high nutritional properties.PR NewswireBreakthrough for pet health and sustainabilityVeramaris has launched Veramaris Pets, a marine algal oil-based Omega-3 supplement for pet food that provides twice the EPA and DHA content of traditional fish oil while serving as a sustainable alternative. The product, developed by the biotech company established as a joint venture between DSM and Evonik in 2018, replaces up to 60 kilograms of wild-caught fish per kilogram of oil produced. This expansion follows the company's successful first 12 months in the aquaculture market and positions Veramaris to reduce global dependence on overfished stocks for Omega-3 production.PR NewswireVeramaris gana el concurso F3 Challenge, resultando elegida como la productora de omega 3 «sin pescado» más vendida del mundo para uso en acuiculturaVeramaris won the F3 Fish Oil Challenge, a $200,000 prize competition to accelerate commercial-scale adoption of alternative aquaculture feed ingredients, selling more fish-free omega 3 fatty acids (EPA, DHA, and ARA) than any competitor. The company, a joint venture of DSM and Evonik headquartered in Delft, Netherlands, has secured trial commitments from industry leaders Mowi, Yuehai Feed Group, and AlphaFeed for its natural algae oil. Veramaris opened its Blair, Nebraska facility in July 2019 with capacity to supply 15% of global salmon farming's essential fatty acid needs.PR NewswireTwo Billion Fish Preserved, as "Fish-free" Feed Oils Are Embraced by Salmon FarmersVeramaris won the $200,000 F3 Fish Oil Challenge prize on October 23, 2019, for selling the largest amount of fish-free EPA & DHA omega-3 algal oils to commercial aquaculture farms, with the competition estimating that over 2 billion wild fish were preserved through adoption of alternative feed ingredients. The Dutch biotech company, a 50:50 joint venture between DSM and Evonik, saw its sales volumes account for nearly 90% of the total fish conserved, driven by rapid adoption from Norwegian salmon farmers. Major industry players including the world's largest salmon farmer Mowi, along with Yuehai Feed Group and AlphaFeed, have committed to trial Veramaris' algal oil, which the company produces at facilities in Slovakia, the US, and its newly opened Nebraska facility.PR NewswireDSM Named On Fortune Magazine's 'Change The World' List For Third Consecutive Year And Again Ranked Number One Globally In Sustainability By SustainalyticsRoyal DSM, a global science-based company headquartered in the Netherlands, was named to Fortune Magazine's 2018 'Change the World' list for the third consecutive year and was ranked number one globally in ESG within the chemicals industry by Sustainalytics for the second year in a row. DSM was specifically recognized for innovations including Veramaris, its joint venture with Evonik that produces omega-3 fatty acids from natural marine algae for animal nutrition, as well as its partnership with The Ocean Cleanup, for which DSM supplies Dyneema® fiber for a passive drifting system launching into the Great Pacific Garbage Patch. The company also unveiled its new 'Growth & Value – Purpose led, Performance driven' strategy focused on global megatrends and the United Nations' Sustainable Development Goals.PR NewswireDSM and Evonik Establish Joint Venture for Omega-3 Fatty Acids From Natural Marine Algae for Animal NutritionRoyal DSM and Evonik announced the establishment of a joint venture named Veramaris to produce omega-3 fatty acids from natural marine algae for animal nutrition, eliminating the need for fish oil from wild-caught fish. The companies will jointly invest approximately US$200 million to build a commercial-scale algal oil production facility in the United States, expected to begin operations in 2019, with initial capacity meeting roughly 15% of the salmon aquaculture industry's total EPA and DHA demand. The joint venture, headquartered in the Netherlands and equally owned by both parties, aims to address growing demand for essential omega-3 fatty acids in salmon farming and pet food while reducing pressure on ocean resources.