IFF - International Flavors & Fragrances Inc
Company Overview
Name
International Flavors & Fragrances Inc
Tickers
IFF
Exchanges
NYSE
Employees
21500
Founded
1909
Sector Information
Other Information
CIK
51253
Category
Large accelerated filer
1-Line Summary
A global leader in food, beverage, health, and biosciences solutions specializing in natural and innovative ingredients.
Company summary
This company is a leading creator and manufacturer of a diverse range of ingredients and solutions for the food, beverage, health and biosciences, scent, and pharmaceutical sectors. It specializes in producing natural-based ingredients, flavors, enzymes, probiotics, and cosmetic ingredients, catering to manufacturers of various consumer products including dairy, meat, snacks, personal care, and pharmaceuticals. With global sales of approximately $11.479 billion in 2023, the company maintains significant market share in the Food & Beverage, Health & Wellness, and Home & Personal Care segments across multiple regions worldwide.
The company operates through four main business segments: Nourish, Health & Biosciences, Scent, and Pharma Solutions. Each segment is uniquely positioned to capitalize on trends in consumer preferences for health, sustainability, and natural ingredients. The company continually invests in research and development, aiding in the creation of tailored products that meet evolving consumer demands while also ensuring regulatory compliance and innovation in its offerings, affirming its leadership in the market.
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