Welcome to the Leaders & Newsmakers issue! Over the last year, Perfumer & Flavorist+ (P&F+) has seen remarkable amounts of acquisitions, production site launches and technology innovations in the F&F industry.
Welcome to the Leaders & Newsmakers issue! Over the last year, Perfumer & Flavorist+ (P&F+) has seen remarkable amounts of acquisitions, production site launches and technology innovations in the F&F industry.
As we wrapped up this issue, news came that DSM and Firmenich have entered into a business combination agreement to establish “DSM-Firmenich.” The new company will have four businesses, Perfumery & Beauty, Food & Beverage/Taste & Beyond, Health, Nutrition & Care, and Animal Nutrition & Health. While these changes are not captured in our Firmenich profile, the news will shape the industry in the months to come.
Other noteworthy headlines include the 50th anniversary of Bedoukian (see podcast at right), the 100th anniversary of Elan and the 150th anniversary of Mane. Their drive to evolve along with the industry, overcome recessions and global pandemics, and continuously rise to the occasion to meet industry demands is nothing short of extraordinary.
Momentum for the industry continues to pick up steam—the size of the F&F market is projected to reach $37.3 billion by 2026a, at a CAGR of 5.1% through the forecast period.
As in previous years, P&F+ tapped industry leaders and newsmakers to weigh in on their companies' strides over the last 12 months and share their outlook on the future of F&F. All companies are presented here in alphabetical order.
Without further ado, let’s hear from the F&F industry’s leaders and newsmakers.
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For the full article, please check out the Perfumer & Flavorist+ July 2022 issue.
