RIBOFLAVIN MARKET ANALYSIS

Riboflavin Market, By Form (Powder and Liquid), By Source (Plant and Animal), By Application (Food and Beverages, Dietary Supplements, Pharmaceutical, Animal Feed, Personal Care, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

In May 2023, DSM-Firmenich AG, a global leader in nutrition, health, and beauty innovation, finalized its merger with Firmenich International SA.
In October 2022, Fonterra Co-operative Group Limited expanded its product portfolio with the launch of BioKodeLab, a supplement brand aimed at improving cognitive performance. As per the company, the product consists of vitamin A, riboflavin, lutein, and zeaxanthin to support macular health. Fonterra Co-operative Group Limited is a New Zealand-based multinational publicly traded dairy co-operative owned by New Zealand farmers.
In May 2022, Royal DSM announced its merger with Firmenich. The newly formed DSM-Firmenich will operate through four business units: perfumery and beauty, food and beverage, health and nutrition, and animal nutrition, resulting in combined sales of around USD 13.58 billion. Firmenich SA is a Switzerland-based company in the fragrance and flavor business. The company has created perfumes for over 125 years and produced a number of well-known flavors.