GOED announces that it has begun work to develop a voluntary monograph for krill oil in hopes of providing a framework for this emerging category to flourish responsibly. GOED hopes to ensure that this monograph will contribute to the continued rapid growth of the krill oil market in a manner similar to the success of the GOED Voluntary Monograph for fish and algal oils, formerly the CRN Voluntary Monograph.
All of the major manufacturers of krill oil products for human consumption are currently participating in the process to develop this monograph. GOED is also issuing a public invitation for any other interested companies to participate in the process by contacting GOED. The first meeting of the group will be held May 5 in Geneva, Switzerland.
The GOED Voluntary Monograph has helped the markets for fish and algal oils since it was introduced in 2002 by improving quality, introducing methods for accurately measuring EPA and DHA content in multiple oil types, and facilitating global trade by creating a single set of parameters that met regulatory guidelines in multiple countries. The market for krill oil presents new challenges due to the different methods of manufacturing, the unique source of oil, and the form EPA and DHA are found within krill oil.
GOED is a proactive and accountable association of the world’s finest processors, refiners, manufacturers, distributors, marketers, retailers and supporters of products containing Eicosapentaenoic Acid (EPA) and Docosahexaenoic Acid (DHA) Omega-3 Fatty Acids. The Organization's objectives are to promote and protect the category and to educate consumers about the health benefits of EPA/DHA and work with government groups, the healthcare community and the industry, while setting high standards for our business sector. We are committed to personal integrity, ethical corporate behavior, public safety and quality assurance. For more information, visit its website at www.goedomega3.com or contact Lindsay Wright at +1 (801) 746-1413.