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IFF Announces Expansion into the Botanical Extracts Market

January 02, 2025
International Flavors & Fragrances Inc. (IFF) has revealed its entry into the booming botanical extracts market. The company aims to capitalize on the growing demand for natural and organic ingredients in the fragrance and flavor industry. With a CAGR of 9.4%, the global botanical extracts market presents a lucrative opportunity for IFF to diversify its product portfolio and increase its market share. By leveraging its expertise in sourcing and extracting raw materials, IFF plans to develop a range of innovative and sustainable botanical extracts. Market analysts from Stocks Prognosis recommend considering IFF's stock for its potential growth in this emerging market.
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