Animal nutrition business delivered 10% volume growth for DSM in 2021

Such volume growth was supported by customers increasing stock levels given widespread and ongoing supply chain concerns, it said. The ruminant and poultry markets proved good growth drivers, and DSM said it benefited from swine herd recovery, post ASF outbreak, in China. The aquaculture market saw a rebound as well with […]

Such volume growth was supported by customers increasing stock levels given widespread and ongoing supply chain concerns, it said.

The ruminant and poultry markets proved good growth drivers, and DSM said it benefited from swine herd recovery, post ASF outbreak, in China. The aquaculture market saw a rebound as well with the gradual reopening of food services; the Latin American market also performed in 2021, said the vitamin producer.

DSM reported a 7% hike in prices in Q4 2021, which, it said, off-set cost increases. “A sudden sharp increase in energy costs led to additional pricing actions for the contracts effective in 2022.”

Evaluating the performance of its recently acquired mycotoxin control and eubiotics business, Erber, the review showed it had a strong first year under DSM’s roof, with €328m in sales and total adjusted EBITA of €86m in 2021.

Veramaris, the 50/50 partnership that the company has with Evonik, and which produces fermentative algae-based omega-3 for feed applications, regained sales momentum in the second half of 2021 due to salmon industry recovery and the introduction of the product for shrimp farming, pet food and human nutrition.

The company also noted the positive developments last year for its methane inhibitor, Bovaer, with the product seeing regulatory approvals in Chile and Brazil, and subsequent market entry there, combined with a positive opinion for the additive from the European Food Safety Authority (EFSA), and the plan to realize large scale production of that product in Dalry, Scotland by 2025.

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