- In October 2023, Azelis, a leading service provider in specialty chemicals and food ingredients, acquired 100% of the shares in BLH SAS, a French distributor specializing in flavors and fragrances for the fine perfumery sector
- In June 2023, Turpaz Industries completed the acquisition of Food Base, a Hungary-based company focused on the development and marketing of essential oils, herbal extracts, and flavor solutions for the food and beverage industry, in a deal valued at USD 9.5 million (~3.3 billion Hungarian Forint)
- In January 2023, PT Indika Energy Tbk (INDY) announced its strategic diversification into the essential oils sector. Through its subsidiary PT Indika Multi Properti (IMP), the company acquired a 46% stake in PT Natura Aromatik Nusantara (NAN) for approximately IDR 179.60 billion (~USD 11.55 million)
Frequently Asked Questions
Companies like Takasago International Corporation (Japan), Symrise (Germany), MANE (France), Flavex Naturextrakte GmbH (Germany), Firmenich SA (Switzerland), Synthite Industries Ltd. (India), ROBERTET GROUP (France), International Flavors & Fragrances Inc. (IFF) (United States), Givaudan (Switzerland), Norex Flavours Private Limited (India), BMV Fragrances Pvt. Ltd. (India), VedaOils (India), MOKSHA LIFESTYLE PRODUCTS (India), Ultra International (India), VidyaHerbs (India).
The countries covered in the Essential Oils Market are U.S., Canada, and Mexico, Germany, France, U.K., Italy, Spain, Russia, Netherlands, Belgium, Switzerland, Turkey, Sweden, Denmark, Finland, Norway, rest of Europe, China, Japan, India, South Korea, Indonesia, Philippines, Thailand, Australia, Malaysia, Taiwan, Singapore, Hong Kong, New Zealand, rest of Asia-Pacific, Brazil, Argentina, rest of South America, Saudi Arabia, United Arab Emirates, South Africa, Egypt, Kuwait, Qatar, Oman, Israel, Bahrain and rest of Middle East and Africa.
