Givaudan SA is investing in renewable carbon and biotech for fragrance development and launching a portfolio of technologies to support older consumers’ sleep, energy and mood through fragrance, the Swiss company announced ahead of a nine-month sales report on 11 October.
Givaudan Pursues Biotech-Based Fragrance, Unveils ‘Wellbeing Solutions’ For Boomers
Givaudan will be working with LanzaTech NZ to develop fragrance ingredients the biotech way, and is launching a Silver Radiance program to meet the wellness needs of adults over the age of 55. Meanwhile, the firm’s fine fragrance sales in the first nine months of 2022 jumped 14.8%.