Fenchem reportedly saw a 20 percent increase in its global sales in the first six months of 2013. Business was mainly driven by the natural products fish collagen, APG and lanolin, which have had the strongest growth in the United States and Southeast Asia.
HyadroColla fish collagen is derived from tilapia raised in fresh water. Compared with other animal sources, fish collagen is considered safe because it’s free of pollution and disease. It is widely applied in supplements, functional foods and cosmetics, especially in Southeast Asian market. The other two growth-contributing products, APG and lanolin, are driven by strong demand from the U.S. market. APG (Alkyl polyglucoside) is obtained from natural raw materials such as vegetable oils and starch, has low irritation to skin and is readily biodegradable. Lanolin is a natural moisturizer with powerful emollient and protective properties. All the three products were launched this year and are expected to get good market development.
Fenchem is always devoted to developing innovative natural products for the food, nutrition, cosmetics and feed industries. The R&D scientists and laboratory technicians give customers much technical support on product applications, enabling them to reduce the time-to-market cycle of new product applications.
Europe and the U.S. are Fenchem’s traditional markets, which have made great contributions to business growth. With the establishments of Fenchem Malaysia in KL and Fenchem SA in Johannesburg, Southeast Asia and South Africa will be the next focused markets. The company is expanding its presence and impact on the emerging markets.