Market News
Global Natural and Organic Flavor Market: Recent Developments
- In March 2020, (France) Mane MANE Kancor, a global leader in spice extracts, announced a US$ $21 million investment to expand existing manufacturing facilities in Kerala, Karnataka, and Uttar Pradesh, India
- In March 2021, Flavor Finders TM, a novel a research-based segmentation tool with a pending patent for the North America market, was launched by Givaudan Taste & Wellbeing in collaboration with the top market intelligence company Bellomy
- In May 2021,Synergy Flavors, Inc., acquired Innova Foods Pty Ltd., Griffith Foods' leading savory flavor ingredient producer. This acquisition will expand the company’s business globally.
- In July 2021, PureCircle Limited, one of the world's leading producers and innovators of plant-based stevia sweeteners and flavors for the food and beverage industry, was acquired by Ingredion Incorporated.