- In October 2024, Synergy Flavors introduced a new range of ‘heat and fire’ flavors to cater to the growing consumer demand for bold and intense taste experiences. This innovative product line includes a variety of natural flavors and pastes that enable food manufacturers to enhance and customize their product offerings across ready meals, plant-based meats, and baked goods. This move is expected to strengthen Synergy’s position in the global food flavors market
- In October 2024, Givaudan Taste & Wellbeing initiated construction of its new production facility in Cikarang, Indonesia, as part of its strategic expansion in Southeast Asia. The facility, spanning 24,000 square meters within a total land area of 50,000 square meters, will manufacture savory, sweet, snack powders, and infant nutrition products with an investment of USD 58.31 million. This expansion reinforces Givaudan's commitment to meeting the region’s growing demand for flavor solutions
- In September 2024, T. Hasegawa USA, Inc. completed the acquisition of Abelei Flavors, Inc. to expand its flavor portfolio and strengthen operations in North America. The acquisition aligns with T. Hasegawa's growth strategy to broaden its flavor offerings and leverage Abelei’s established customer base and technical expertise. This step is expected to enhance the company’s service capabilities across the region
- In January 2024, Brookside Flavors and Ingredients (BFI) announced the successful acquisition of Sterling Food Flavorings, LLC, a company known for its expertise in flavoring systems for the food and beverage sector. This acquisition allows BFI to capitalize on Sterling’s market presence and technical strengths to drive growth and meet evolving industry demands. The move reinforces BFI’s position as a comprehensive flavor solution provider
- In March 2023, International Flavors and Fragrances (IFF) entered a strategic distribution partnership for FermaSure XL in Brazil’s sugar and alcohol markets. This collaboration supports IFF’s efforts to expand its biosciences portfolio and strengthen its footprint in South America. The partnership is expected to accelerate IFF's market presence in Brazil’s food and beverage sector
