Emerging Regions Remain the Sweet Spot for Flavors and Fragrances Suppliers

Major flavors and fragrances firms are benefiting from healthy sales in emerging markets in Asia, Eastern Europe, and Latin America, a trend that is expected to continue at least through year-end, analysts say. Demand in China especially continues to provide opportunity, driven by factors including increased consumption of fragrances, cosmetics, and processed foods, says The Freedonia Group (Cleveland). The flavors and fragrances divisions of both Givaudan and International Flavors and Fragrances (IFF) generated strong year-over-year sales, although sales in...

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