DSM hikes beta-carotene price 20%

DSM Nutritional Products has raised the price of its BetaNat beta-carotene offering 20% globally, in the wake of its acquisition of its acquisition of Spanish carotenoid supplier Vitatene earlier this year.

“The price increase is essential for us to ensure the long term viability of the business," said Rick Greubel, president of Human Nutrition and Health.

The price rise takes effect immediately but existing contracts will be honoured.