FRUTAROM INDUSTRIES LTD in Botanical Extracts
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Summary
Frutarom offers botanical extracts under its fine ingredients division. Its range of herbal, fruit, and flower extracts are produced in Switzerland under its brand EFLA Sense. The company produces an extensive range of natural extracts from a large variety of botanical sources such as plant leaves, stems, roots, fruits, and seeds are used in the manufacture of the company’s extracts. Frutarom has three facilities for extraction from botanical sources located in the U.S., U.K., and Switzerland. Frutarom’s flavor extracts cater to the bakery, beverage, savory, and dairy industries. Its portfolio of botanical extracts finds application in beverages, and bakery, savory, and dairy products. Source: Company Website, Company Annual Reports, Press Releases, and MarketsandMarkets Analysis
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FRUTAROM INDUSTRIES LTD Presence in
Botanical Extracts
The company focuses on expanding its presence in the global botanical extracts market through acquisitions. Frutarom penetrates the local botanical extracts market by acquiring local subsidiaries. For instance, in 2016, the company acquired Nardi Aromas Ltda (Brazil). Through this acquisition, Frutarom expanded its presence in the Latin American market, with penetration in the local Brazilian extracts business. Furthermore, in 2015, the company acquired Sonarome Private Ltd., and expanded its presence in the Indian botanical extracts market. To tap the broad end-users such as the food manufacturers, Frutarom, in 2012, entered the Latin American market, to offer its specific botanic extracts product and became one of the key providers of premium quality ingredients.
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SME
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