Wide-Moat Symrise Sees Solid Demand Recovery in 2024
Symrise is one of the four largest companies in the global flavour and fragrance industry. It creates bespoke flavour and fragrance formulations from over 10,000 natural and synthetic raw materials for its customers, which manufacture consumer staples such as food, beverages, and household-care products. F&F companies occupy a strong position in the value chain because their products make up only a small portion of the final product cost but play a decisive role in a consumer’s purchasing decision.