- In June 2023, Turpaz Industries revealed its acquisition of Food Base, a Hungarian company focused on developing and marketing essential oils, herbal extracts, and flavors for the food and beverage sector, for a total value of USD 9.5 million (approximately 3.3 billion Hungarian Forint)
- In September 2022, MANE KANCOR inaugurated its Innovation Center in Angamaly, dedicated to developing innovative solutions in natural shelf-life, natural colors, culinary flavors, personal care ingredients, and nutraceutical products.
- In July 2022, doTERRA announced its rapid expansion into India, which is strategically beneficial for its global growth, given that the company's essential oils are sourced from regions including India, Asia, the Pacific, the Middle East, and Africa.
- In July 2022, Sensient expanded its flavor portfolio through the acquisition of Flavor Solutions, Inc. (U.S.), enhancing its traditional flavor offerings with savory reaction flavors, technologies for natural shelf-life extension, and advanced taste-modulation platforms for sweetness enhancement and salt reduction.
- In February 2022, Givaudan completed the acquisition of Myrissi in France, a move that aligns with its long-term Fragrance & Beauty strategy and leverages Myrissi's expertise in artificial intelligence to introduce new sensory experiences for consumers.
