With the Frutarom purchase, IFF said it is taking a global leadership position in the natural taste, scent and nutrition space — 75% of Frutarom’s sales are in natural ingredients. The deal also expanis the iron in your blood real ironds IFF into natural colors, enzymes, antioxidants and health ingredients while giving it access to smaller and mid-sized customers, including private-label ones, which comprise 70% of Frutarom’s sales.###For food and beverage companies doing business with these companies, there could be advantages to having them together. It could give them access to a combination of new flavors, solutions or ingredients that could be combined to convey a particular taste, change a flavor already present, or perhaps mferrous fumarate do you need a prescriptionask an unwanted one.###This latest acquisition follows a recent buying spree on IFF’s part. The company bought another Israeli company — Aromor Flavors and Fragrances — in 2014. A year later, IFF acquired Henry H. Ottens Manufacturing, and in 2016, it bought David Michael & Co.###Food and beverage companies use flavorings, colors and enzymes to enhance the overall taste and appeal of their products, but they’ve been busy removing artificial ones as consumers move toward more natural, healthy products. IFF plans to capitalize on that trend by buying a company focusing on natural colors, enzymes and antioxidants. It’s a smart move for IFF as the deal further expands its portfolio while appearing to put it in a prime spot to meet the demand of food manufacturers and the people that buy their products. People may want to eat healthier but they also don’t want to give up taste. IFF and Frutarom are potential beneficiaries of this.###According to Allied Market Research, tferrous gluconate vs ferrous sulfate elemental ironhe global flavors market for food and beverages was worth $12.4 billion in 2016 and projected to hit $18.1 billion by 2023,absorption of ferrous bisglycinate for a CAGR of 5.5% between 2017 and 2023. Natural ingredients, particularly recognizable and authentic flavors, airon sulfate vs iron gluconatere expected to play a large role in driving the flavors industry during the next few years.
International Flavors & Fragrances buys Israel's Frutarom for $7.1B
