For many middle market flavor and fragrance companies, the landscape is rapidly changing. During the last decade, the industry has seen significant consolidation with the larger flavor and fragrance houses becoming ever more dominant. Gone are the days when the industry was fragmented, with many middle market firms sharing the majority of the worldwide flavor and fragrance market. Today, the largest five firms in the industry—Givaudan, Firmenich, IFF, Symrise and Takasago—supply 57.5% of the $20 billion worldwide flavor and fragrance market. The next five firms—Sensient, Mane, T Hasegewa, Frutarom and Robertet—share another 11.2% of the market. In recent years, these “big boys” have acquired and consolidated many middle market firms with specialized industry experience, and access to clients and technologies to round out their own portfolios. Names such as Manheimer, Noville, Shaw Mudge, Intercontinental Fragrances and Wessel Fragrances have disappeared, just to mention a few.
Strategies of Survival and Success for F&F Middle Market Suppliers
July 14, 2009
Close
Fill out my online form.
Sponsored
BONTOUX: A PASSIONATE AUTHENTIC PRODUCER OF NATURAL INGREDIENTS SINCE 1898 — Bontoux SAS
Cool, Fresh, Crisp, Minty, Herbaceous—Frescamenth! — Oriental Aromatics Limited
Indian Sandalwood: Natural, Simple and Responsible — Quintis Sandalwood Pty Ltd
Amplify your citrus notes with FEMA 4898 — Sigma-Aldrich, a brand of MilliporeSigma
Prinova Provides a Behind the Scenes look at Triglav-Edelvais — Prinova
Most Popular in Company News
- 1[update] T. Hasegawa USA Acquires Mission Flavors & Fragrances
- 2McCormick Acquires FONA International
- 3Firmenich Introduces Olfactive Vision for Post-COVID World
- 4ISIPCA to Offer Digital Live Perfumery Courses
- 5Symrise to Acquire Sensient’s Fragrance and Aroma Business
- 62020 Flavor & Fragrance Leaderboard
- 7Solvay Decarbonizes Cyclopentanone Plant in France
- 8Belle Aire Creations Names CEO and President
- 9Fragrance Creators Launches COVID-19 Vaccine Tracker
- 10IFF Previews Combined DuPont N&B Company
Related Content
- 2020 Leaderboard: Firmenich Expands Reach Through Technology
7/1/2020 - 2020 Flavor & Fragrance Leaderboard
7/1/2020, Eden Stuart - 2020 Leaderboard: Kerry Finds Success With Wellness
7/1/2020 - 2020 Leaderboard: IFF Generates Substantial Sales Growth
7/1/2020 - 2020 Leaderboard: Mane Celebrates Milestone Sales Marker
7/1/2020
FOLLOW US: