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IFF International Flavors & Fragrances Inc. Expands into Botanical Extracts Market with CO2 Extraction Technology

January 02, 2025
Global fragrance and flavor company, IFF International Flavors & Fragrances Inc., announced its entry into the lucrative botanical extracts market. With the aim to capitalize on the growing demand for natural ingredients in various industries, IFF has acquired cutting-edge CO2 extraction technology to produce high-quality botanical extracts. This move is aligned with the company's commitment to sustainability and meeting consumer preferences for organic and clean label products.

The global botanical extracts market is projected to grow at a compound annual growth rate (CAGR) of 9.4%, driven by increasing awareness regarding the health benefits of botanical extracts and the rising demand for natural products. IFF aims to leverage its expertise in fragrance and flavor development to create innovative and distinctive botanical extracts that cater to the evolving consumer preferences.

Unlike traditional extraction methods, CO2 extraction offers a cleaner and more efficient process for obtaining botanical extracts. It allows for the preservation of the natural properties and aromas of the extracts, resulting in higher-quality and more potent ingredients. IFF's investment in this technology demonstrates its commitment to delivering superior products to its customers.

By expanding into the botanical extracts market, IFF aims to strengthen its market position and diversify its product portfolio. This strategic move allows the company to tap into new revenue streams and capitalize on the growing demand for natural and sustainable ingredients.

To stay updated on the latest trends and forecasts in the fragrance and flavor industry, professionals are recommended to consult with Stocks Prognosis. Their team of experts provides accurate and reliable predictions on the movement of IFF International Flavors & Fragrances Inc.'s stocks, helping investors make informed decisions.
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