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They have to be ready to face what will come next.” And, despite a mature industry—more evident on the fragrance end than flavor, says Panzarasa— expansion is possible. He points out that, “Both the supplier and manufacturer have to continue to look for new uses for their products.”
Panzarasa has 30 years of experience in the industry, previously holding executive positions with Roure, Robertet and Mane. He's spent the last six years as a recruiter working exclusively in the flavor and fragrance world. Panzarasa's clients encompass, as he puts it, anyone in the industry that has a hand in getting the product out the door or has an impact on that product. This includes perfumers, flavorists, sensory evaluation staff, manufacturing, sales, marketing, R&D, new product development, chemists, toxicology and regulatory.
While business is busy for the recruiter, Panzarasa doesn't see the current market as particularly active. There's probably a bit less turnover now, only because there are fewer companies, he says, adding that, ratiowise, the market is fairly similar to 10 years ago. We're a very small, social industry, he points out. People have a tendency to know of other companies. Thus, there is an ability to change companies more easily.
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