Givaudan SA, a Swiss fragrance and flavor producer, is considering entering the fast-growing pet food market, potentially through acquisitions. CEO Gilles Andrier highlighted the “spectacular growth” in the pet food sector and its success for rivals like Symrise AG and Nestle SA. Acquiring a pet food ingredients manufacturer could provide Givaudan with an entry point into this competitive market. The company, known for producing ingredients and scents for various products, sees potential in expanding its portfolio through this strategic move.
Givaudan Eyes Entry into Booming Pet Food Market with Potential Acquisitions
KoehlerC2024-09-03T21:13:37+02:00September 3rd, 2024|Categories: European, Pet Food Manufacturer|Tags: acquisitions, fragrance and flavor, Gilles Andrier, Givaudan, growth sector, Ingredients manufacturer, Nestle, pet food industry, pet food market, Symrise|