date:Aug 07, 2018
ombined sales of compound flavors and fragrances in 2017 represented around 44 percent of the worldwide market. IFFs intended acquisition of Frutarom, which IAL currently ranks as no. 7 in the world Flavors Fragrance market, could pose a threat to Givaudans leading position, the report notes.
The publication of the report comes amid a period of high consolidation within the flavors space. The first six months of 2018 were dominated by the shift in the traditional flavors segment, where major p