dsm-firmenich AG in Ingredients

March 2024

The dsm-firmenich company was established in 2023, combining the strengths of key players in the ingredient market - Firmenich International SA and Royal DSM NV - in the beauty, health and nutrition sectors. However, in the same year, the company began restructuring, cutting costs in the low-margin vitamins segment. In 2024, they announced the separation of the Animal Nutrition and Health unit to focus on human products. The company is heavily investing in sustainable solutions, healthy and func

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Overview:

Euromonitor International's report on DSM-Firmenich AG delivers a detailed strategic analysis of the company's business, examining its performance in the Ingredients market and the global economy. Company and market share data provide a detailed look at the financial position of DSM-Firmenich AG, while in-depth qualitative analysis will help you understand the brand strategy and growth prospects of DSM-Firmenich AG.

This report examines:

  • Company share by region and sector
  • Brand portfolio
  • New product developments
  • Marketing and distribution strategies

A detailed SWPT analysis of DSM-Firmenich AG provides strategic intelligence on:

  • Strengths and weaknesses
  • Category and country opportunities for growth
  • Challenges and threats from current competition and future prospects
  • Global and regional market positions

Research you can trust:

Euromonitor International's company profile reports are written by our Ingredients research team, a dedicated group of analysts that knows the industry inside and out. Buy this report to inform your planning, strategy, marketing, sales and competitor intelligence functions.

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Scope
Executive summary
Merger of Firmenich and DSM multiplied the strengths of global leaders
Vitamin market turbulence impacts company performance
Vitamins transformation programme is to cut the costs
dsm-firmenich is investing in the development of technological hubs across the world
Sustainability as a driving force of the company
Bulk sales of ingredients in soft drinks pave the way for healthier options
Fragrances are driving the Perfumery & beauty business
Reinforcement of fragrances development in Europe compensates losses in the US
dsm-firmenich uses AI to increase personalisation in fragrances
dsm-firmenich is expanding in China developing localised fragrance production
Growth of enzymes and cultures mitigated by decline in vitamins and yeast extracts
Company is investing in sustainable dairy and prolonging shelf life of healthy yoghurts
Aspiring to the 14th Sustainable Development Goal - Life Below Water
The focus is on innovations in alternative proteins
dsm-firmenich’s developments in natural, healthy and functional ingredients
Health, nutrition & care overview
Developments in milk formula on the Chinese market
Strategic partnership to develop botanicals production
Acquisition of Adare Biome reinforces company’s position in the digestive health space
Animal Nutrition & Health (ANH) separation following weak 2023 performance
The company is planning to keep the Bovaer and Veramaris brands
dsm-firmenich is responding rapidly and extensively to current market challenges
Key findings

Ingredients

Included here are the individual ingredients used in the manufacture of products that are tracked in Packaged Food, Soft drinks, Hot Drinks, Alcoholic Drinks, Tobacco, Pet care, Beauty and Personal Care, and Home Care. Ingredients data published in the Ingredients system are separate from Key Functional Ingredients tracked within Health and Wellness.

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