Omega Protein Corporation

Omega Protein Corporation Overview

Company Headquarters: Virginia, United States

Founded: 1913

Workforce: ~1,150

Company Working: Omega Protein Corporation is engaged in manufacturing, distributing, and. developing nutritional ingredients for three industries, human nutrition, animal nutrition, and plant nutrition. The company started by manufacturing fish meals and fish oils. The company also holds international certificates such as Marine Stewardship Council, Safe feed safe food facility, and SQF Certified. The marine ingredients are sourced from menhaden, an omega-3-rich fish harvested in the federally regulated waters along with Atlantic, and gulf coasts. The company marine operations team controls every production step from fish vessels to manufacturing facilities to ensure product integrity, quality, and complete traceability. The company markets its products under a brand name that includes omega pure, Virginia prime gold, omega equis, special select, natural nautic, sealac, and Neptune brands.

Strategy

Omega Protein Corporation has a broader product portfolio aiming at multiple end markets and is also positioned strategically to capitalize on long-term opportunities for growth. The company is also making investments in research and development for the expansion of market positioning. Moreover, Omega Protein has a strong distribution network across the world. The growth strategy of the company is focused on the production of nutritional products along with the applications.

Company Snapshot

1,150

Employees

1913

Founded

Virginia, United States

Headquarters

SWOT Analysis

Strengths

The company develops and sells a wide range of proteins, nutraceuticals and omega-3 fish oil products derived from menhaden, a species of fish found along the Gulf of Mexico and Atlantic coasts.
The company markets its products under various brand name that includes omega pure, Virginia prime gold, omega equis, special select, natural nautic, sealac, and Neptune brands

Weaknesses

No recent developments have been done by the company related to fish protein powder products.

Opportunities

New product launches, acquisitions, and collaborations can be the major factors that can create the growth opportunities for the company.
The company can use the latest technology developments to improve its manufacturing and designing process for fish protein products.

Threats

Rising competition from local and global players working in the fish protein powder products market.

Product Offering

Omega Protein Corporation
- Fish Meal
- Global Fish Protein Hydrolysate Market

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