International Flavors & Fragrances

IFF Announces Dr. Casper Vroemen to Succeed Dr. Gregory Yep as Chief R&D and Sustainability Officer

Retrieved on: 
Thursday, August 3, 2023
Food, Beverage, Other Retail, Retail, Science, Other Science, Simon Vroemen, Registered trademark symbol, All rights reserved, Enzyme, Wageningen University & Research, Research, Creativity, NYSE, Protein engineering, Health, International Flavors & Fragrances, Chief sustainability officer, Management, Fine chemical, Perfume, IFF, Molecular biology

IFF (NYSE: IFF) today announces that Dr. Gregory Yep, Chief R&D and Sustainability Officer, has resigned effective Sept. 1 to pursue a new opportunity in his professional journey.

Key Points: 
  • IFF (NYSE: IFF) today announces that Dr. Gregory Yep, Chief R&D and Sustainability Officer, has resigned effective Sept. 1 to pursue a new opportunity in his professional journey.
  • Yep will be succeeded by Dr. Casper Vroemen—Vice President of R&D, Health & Biosciences—who has dedicated his career to the advancement and commercialization of leading-edge biotechnology.
  • Vroemen will be based in Union Beach, New Jersey, and will become part of IFF’s Executive Leadership Team.
  • As Chief R&D and Sustainability Officer, Vroemen will further IFF’s efforts in innovation, leading the company’s global R&D strategy, technological development, innovation pipeline and external collaborations.

IFF Completes Divestiture of Flavor Specialty Ingredients Business

Retrieved on: 
Wednesday, August 2, 2023
Cosmetics, Retail, Chemicals, Plastics, Manufacturing, Specialty, Food, Beverage, Drug Quality and Security Act, Registered trademark symbol, All rights reserved, FSI, Sale, Science, Creativity, NYSE, Growth, Health, International Flavors & Fragrances, Security (finance), Perfume, IFF, Exponentiation

IFF (NYSE:IFF) today announced that it successfully completed the previously announced divestiture of its Flavor Specialty Ingredients (FSI) business to Exponent, a leading UK-based private equity firm, on August 1, 2023.

Key Points: 
  • IFF (NYSE:IFF) today announced that it successfully completed the previously announced divestiture of its Flavor Specialty Ingredients (FSI) business to Exponent, a leading UK-based private equity firm, on August 1, 2023.
  • “The sale of our FSI business unit is another step in our journey to continuously maximize value,” said Frank Clyburn, IFF CEO.
  • “Portfolio optimization is a central part of our ongoing strategy to improve growth and returns.
  • This focus allows us to concentrate on our most attractive businesses and strengthen our capital structure by reducing outstanding debt.

Whole Earth Brands Implements Executive Transition in Connection with Board’s Review of Strategic Alternatives

Retrieved on: 
Monday, July 17, 2023
Frutarom, Communication, Committee, Disclosure, Flavor, Hain, Malawi, Chairperson, Branded, IMEA, CFO, Knowledge, Growth, Philippine House Special Committee on Flagship Programs and Projects, International Flavors & Fragrances, Family, Management, Lemon Popsicle, Rajneesh

CHICAGO, July 17, 2023 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company” or “we” or “our”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced that the Board of Directors (the “Board”) of the Company has implemented an executive transition in connection with its Special Committee’s review of the previously announced non-binding proposal received from Sababa Holdings FREE, LLC (“Sababa”) and the Board’s broader consideration of potential strategic alternatives.

Key Points: 
  • On July 16, 2023, the Board unanimously resolved to place Mr. Michael Franklin, Chief Executive Officer of the Company, on a leave of absence, effective immediately.
  • As Vice President & Managing Director of IMEA at Whole Earth Brands from 2020 to April 2023, he has demonstrated his passion for driving growth in underdeveloped markets and achieving positive results.
  • Prior to joining Whole Earth Brands, Rajnish served as the Managing Director of the Hain Celestial businesses in the IMEA region.
  • Jeffrey Robinson served as President of Company subsidiary Mafco Worldwide LLC (“Mafco”) and the Whole Earth Brands Flavors & Ingredients division from December 2020 to July 2023.

Algae Products Market worth $7.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, June 23, 2023
Dressing, Cargill, Meat, DSM, Food, Phycocyanin, Powder, Tofu, Milk protein concentrate, Chlorophyll, Cosmetics, USD, New Seasons Market, Snack, Oil, River, Biofuel, Bakery, Confectionery, Tobacco Workers and Grain Millers International Union, Spice, BASF SE, BASF, Soy protein, Health, Poultry, International Flavors & Fragrances, Antioxidant, Carotenoid, Convenience food, Seaweed, Pigment, Nature, Drink, Form, Region

Algae products have diverse applications across various industries, including food and beverages, pharmaceuticals, cosmetics, animal feed, biofuels, and wastewater treatment.

Key Points: 
  • Algae products have diverse applications across various industries, including food and beverages, pharmaceuticals, cosmetics, animal feed, biofuels, and wastewater treatment.
  • The algae products market industry has been studied in North America, Europe, Asia Pacific, South America and Rest of the World.
  • North America is home to several key market players in the algae products industry, including algae cultivators, processors, and product manufacturers.
  • Their market presence and strong market strategies contribute to the overall market growth and drive the adoption of algae products across various sectors.

Algae Products Market worth $7.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, June 23, 2023
Dressing, Cargill, Meat, DSM, Food, Phycocyanin, Powder, Tofu, Milk protein concentrate, Chlorophyll, Cosmetics, USD, New Seasons Market, Snack, Oil, River, Biofuel, Bakery, Confectionery, Tobacco Workers and Grain Millers International Union, Spice, BASF SE, BASF, Soy protein, Health, Poultry, International Flavors & Fragrances, Antioxidant, Carotenoid, Convenience food, Seaweed, Pigment, Nature, Drink, Form, Region

Algae products have diverse applications across various industries, including food and beverages, pharmaceuticals, cosmetics, animal feed, biofuels, and wastewater treatment.

Key Points: 
  • Algae products have diverse applications across various industries, including food and beverages, pharmaceuticals, cosmetics, animal feed, biofuels, and wastewater treatment.
  • The algae products market industry has been studied in North America, Europe, Asia Pacific, South America and Rest of the World.
  • North America is home to several key market players in the algae products industry, including algae cultivators, processors, and product manufacturers.
  • Their market presence and strong market strategies contribute to the overall market growth and drive the adoption of algae products across various sectors.

IFF Names New President of Nourish and Introduces Leadership Structure Aligned to New Operating Model

Retrieved on: 
Wednesday, June 7, 2023
Cosmetics, Retail, Chemicals, Plastics, Manufacturing, Specialty, Food, Beverage, Christophe, University, ICI, Kellogg, Engineering, Marketing, DuPont, CPG, Registered trademark symbol, Faculty of Management Studies – University of Delhi, All rights reserved, Herriott, Nutrition and Health, Science, Creativity, Personal care, Strategic management, Paweł Strzelecki, National Institutes of Technology (India), Corporation, Osaka Titanium Technologies, Zeneca, Growth, Cereal, International Flavors & Fragrances, NYSE, Odor, Drug, Management, Perfume, IFF, Health, Beach nourishment

IFF today also announced the leadership structure to support the transition to a new operating model as part of the company’s transformation strategy.

Key Points: 
  • IFF today also announced the leadership structure to support the transition to a new operating model as part of the company’s transformation strategy.
  • IFF expects its new operating model to be in effect by the beginning of 2024.
  • As President, Nourish, Arora, will lead IFF’s Food and Beverage categories when the operating model is in full effect in the new year.
  • “Our evolution to a category-aligned operating model is a pivotal moment for IFF,” said Frank Clyburn, IFF CEO.

IFF Completed Divestiture of Savory Solutions Business

Retrieved on: 
Wednesday, May 31, 2023
Retail, Other Consumer, Consumer, Home Goods, Specialty, Food, Beverage, Taste, Heart, Registered trademark symbol, All rights reserved, Sale, Science, Creativity, PAI Partners, PAI, Health, International Flavors & Fragrances, NYSE, Perfume, IFF

IFF (NYSE:IFF) today announced that it has successfully completed the previously announced divestiture of its Savory Solutions business unit to PAI Partners (PAI), a leading global private equity firm with a strong focus on the food and consumer industry.

Key Points: 
  • IFF (NYSE:IFF) today announced that it has successfully completed the previously announced divestiture of its Savory Solutions business unit to PAI Partners (PAI), a leading global private equity firm with a strong focus on the food and consumer industry.
  • Under PAI ownership, Savory Solutions Group has been rebranded to NovaTaste, a global leader in taste innovation with headquarters in Salzburg, Austria.
  • “The sale of IFF’s Savory Solutions Group represents our continued efforts to optimize our portfolio as we focus on core businesses and strengthen our capital structure,” said Frank Clyburn, IFF CEO.
  • We’re grateful to our Savory Solutions colleagues, who have demonstrated their commitment to innovation, service and quality.

Montai Health Adds Industry Leaders to its Board of Directors

Retrieved on: 
Wednesday, May 17, 2023
Technology, Research, Software, Biotechnology, Health, Pharmaceutical, Other Science, Science, Artificial Intelligence, Conditional sentence, Amgen, Human, Drug development, Senior, Marketing, Inflammation, Board of Management St. Molaga's National School v The Secretary General of the Department of Education and Science, Research and development, Chemistry, Development, Neuroscience, Flagship Pioneering, Patient, AbbVie, Nature, Bunge Limited, Corporation, Autoimmune disease, Novo Nordisk, Biology, Artificial intelligence, Growth, AI, Therapy, International Flavors & Fragrances, Pharmaceutical industry, Management, Montay, Bayer

Montai Health, a company unlocking the power of nature with digital technologies to treat and preempt chronic disease, today announced the appointment of Michael Severino, M.D., and Andreas Fibig to the Company's Board of Directors.

Key Points: 
  • Montai Health, a company unlocking the power of nature with digital technologies to treat and preempt chronic disease, today announced the appointment of Michael Severino, M.D., and Andreas Fibig to the Company's Board of Directors.
  • "I'm thrilled to welcome Michael and Andreas to the board as we seize the unprecedented opportunity to address the global burden of chronic disease.
  • They are proven leaders with experience guiding companies through transformational growth and bring important and unique perspectives to Montai," said Margo Georgiadis, co-founder and CEO of Montai Health and CEO-Partner, Flagship Pioneering.
  • Mr. Fibig currently serves on the Board of Directors for Novo Nordisk and previously served on the Board of Directors for Bunge Limited.

Global Animal Nutritional Ingredients Markets Report 2018-2022 & 2023-2028 Featuring ADM, Evonik, DSM, BASF, International Flavors & Fragrances, CHR Hansen, Cargill, Novus, Adisseo, & Kemin Industries - ResearchAndMarkets.com

Retrieved on: 
Thursday, May 11, 2023
Agriculture, Natural Resources, Health, Fitness & Nutrition, Veterinary, Mineral, Chr. Hansen, Livestock, FAO, Wheat, Protein, COVID-19, Canthaxanthin, Edition, Kemin Industries, Phytogenics, ADM, Diet, Red meat, Pig, Amino acid, Research, Pigment, USD, Competition, Dog, Carbohydrate, BASF, Growth, International Flavors & Fragrances, Novus International, Egg, Poultry, Methionine, Β-Carotene, DuPont, Value, Aquaculture, PFA, Lipid, Dicarboxylic acid, Animal, DSM, Enzyme, Probiotic, AGP, Veterinary medicine, Nutrient, Statistics, Lutein, Pithing, Pet, Ruminant, Meat, Cat, Dietary supplement, Speciality chemicals, Animal husbandry, Animal feed, Pet industry, Carotenoid, EU, Vitamin

The Global Animal Nutritional Ingredients Market is expected to generate USD 19.05 billion by the end of 2028, up from USD 14.18 billion in 2021.

Key Points: 
  • The Global Animal Nutritional Ingredients Market is expected to generate USD 19.05 billion by the end of 2028, up from USD 14.18 billion in 2021.
  • During the forecast period, 2023-2028, the Global Animal Nutritional Ingredients market is expected to expand at a CAGR of 6%.
  • However, an increase in animal rearing practices and a substantial rise in the population of domesticated animals have supplemented the growth of the Animal Nutritional Ingredients.
  • Global Animal Nutritional Ingredients Segmentation: By Nutrient Type
    Global Animal Nutritional Ingredients Size, By Minerals, By Value, 2018H-2028F (USD Million & CAGR)
    Global Animal Nutritional Ingredients Size, By Vitamins, By Value, 2018H-2028F (USD Million & CAGR)
    Global Animal Nutritional Ingredients Size, By Enzymes, By Value, 2018H-2028F (USD Million & CAGR)
    Global Animal Nutritional Ingredients Size, By Amino Acids, By Value, 2018H-2028F (USD Million & CAGR)
    Global Animal Nutritional Ingredients Size, By Other Nutrients, By Value, 2018H-2028F (USD Million & CAGR)
    Global Animal Nutritional Ingredients Segmentation: By Species
    Global Animal Nutritional Ingredients Size, By Poultry, By Value, 2018H-2028F (USD Million & CAGR)
    Global Animal Nutritional Ingredients Size, By Ruminants, By Value, 2018H-2028F (USD Million & CAGR)
    Global Animal Nutritional Ingredients Size, By Swine, By Value, 2018H-2028F (USD Million & CAGR)
    Global Animal Nutritional Ingredients Size, By Aqua Species, By Value, 2018H-2028F (USD Million & CAGR)
    Global Animal Nutritional Ingredients Size, By Other Species, By Value, 2018H-2028F (USD Million & CAGR)
    Global Animal Nutritional Ingredients Segmentation: By Source
    Global Animal Nutritional Ingredients Size, By Corn, By Value, 2018H-2028F (USD Million & CAGR)
    Global Animal Nutritional Ingredients Size, By Soybean, By Value, 2018H-2028F (USD Million & CAGR)
    Global Animal Nutritional Ingredients Size, By Wheat, By Value, 2018H-2028F (USD Million & CAGR)
    Global Animal Nutritional Ingredients Size, By Other Sources, By Value, 2018H-2028F (USD Million & CAGR)

Phytosterols Market worth $1.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, May 11, 2023
Cargill, ADM, Obesity, Protein, Prevalence, Diabetes, Phytosterol, Probiotic, Dietary supplement, Veterinary medicine, Cholesterol, Food, Wilmar International, Business, Astaxanthin, Solubility, USD, TAMA, Plant, Incidence, VITAE, Fiber, Phytochemical, AOM, Water, Campesterol, Cosmetics, Sport, BASF, BASF SE, Growth, Conditional sentence, Knowledge, Feed, Lutein, Research, Health, Region, LTD, International Flavors & Fragrances, DRT, Prebiotic (nutrition), Disease, Canthaxanthin, Lycopene, Carotenoid, Medication

CHICAGO, May 11, 2023 /PRNewswire/ -- The Phytosterols Market is projected to reach USD 1.6 billion by 2028 from USD 1.0 billion by 2023, at a CAGR of 8.3% from 2023 to 2028 according to a report published by MarketsandMarkets™.

Key Points: 
  • CHICAGO, May 11, 2023 /PRNewswire/ -- The Phytosterols Market is projected to reach USD 1.6 billion by 2028 from USD 1.0 billion by 2023, at a CAGR of 8.3% from 2023 to 2028 according to a report published by MarketsandMarkets™.
  • The market for phytosterol by composition is experiencing growth due to the increasing demand for phytosterol products due to increase in health awareness.
  • One of the main factors is consumers increasing knowledge of the advantages of phytosterols in fortified food items for their health.
  • The study includes an in-depth competitive analysis of these key players in the phytosterol market with their company profiles, recent developments, and key market strategies.