POST Online Media Lite Edition



 

Symrise, Freddy Hirsch Nigeria to improve food innovation, nutrition in West Africa

Christian Fernsby |
German Symrise entered a strategic partnership with Freddy Hirsch Nigeria, a manufacturer of spices, ingredients, and flavors.

Article continues below




Together, Symrise and Freddy Hirsch Nigeria are focused on boosting food innovation and nutrition in West Africa.

Under the new partnership, the companies will focus on the development, launch, and commercialization of transformational food products: general seasoning, bouillon meat, snacks, and instant noodles.

This innovative partnership will harness the flavor technology platform to deliver authentic regional and hyperlocal African flavors and ingredients.

Symrise is, a fragrances, care, flavor, and nutrition supplier with >10% market share and presence in 100+ countries, and Freddy Hirsch Nigeria is a West African manufacturer of ingredients.

“Africa’s projected population of 3billion people by 2050 presents a large market for food and nutrition globally”, says Sofiane Berrahmoune, Sub Regional Director Flavor Africa Middle East

Increasing urbanization, rising incomes, a growing regional population, and evolving lifestyle changes are driving the African food flavor and enhancer ingredient market and increasing the consumption of processed foods and beverages.

The Africa food flavor and enhancer market is a small but growing market forecasted to witness a CAGR of 5.12% during the forecast period (2020 - 2025). The global flavor and fragrance market is forecasted to reach US$36 billion in 2022 with Africa expected to play one of the biggest growth opportunities.

Speaking on the partnership, the Managing Director of Freddy Hirsch Nigeria, Kojo Brifo said “To achieve our vision of creating authentic African flavors and tastes, we have invested in a Research, Development, and Application laboratory and a manufacturing facility with world class quality management systems, in West Africa, Nigeria, Our partnership with Symrise AG provides an acceleration of flavor development across West Africa and will increase the creativity of customized flavors, help our customers attain speed to market, and enhance their operational agility.”


What to read next

Post Holdings buys PowerBar and Musashi brands from Nestle
Nestlé reorganizes infant nutrition business
Dangote Sinotruk Automobile expands to enhance local content, provides more jobs

Jefferies Q3 earnings $51 million

 
Jefferies announced third quarter 2023 financial results.
 
 

Latest

Home appliances merger could reduce choice for consumers, CMA says
Outlook for Sweden's economy revised downwards
JetBlue unveils family seating guarantee with no additional fee
Bentley Bentayga, ultimate luxury and chiropractor

NEWS

Bulgaria: EPPO investigates organised crime group that illegally obtained EU agricultural funds

Heavy rain hits north Vietnam halting traffic in Hanoi
EPPO launches EPPO Academy for elite financial investigators
Spain: EPPO dismantles criminal organisation suspected of €17 million VAT fraud involving luxury cars
Runaway plane crosses active runway at Malta Airport
Philippine seizes 14.36 kg of cocaine in Manila airport
 

BUSINESS

Over 750 vehicles waiting to cross into EU from Belarus

Japan starts building new tallest skyscraper in Tokyo
Colorado: Up to $2.5 million available in first round of Small Food Business Recovery And Resilience Grants
Unite: Mini nuclear reactors must be UK designed and built after Sunak net zero speech
Mexican goods worth $1 billion stuck at U.S. border amid migration checks
Construction of wind farm worth $75m will start soon in Bosnia and Herzegovina
 

Trending Now

Croatia: EPPO further expands investigation into receiving and giving bribery in Varaždin

Netherlands EU's largest importer of soy, palm oil and cocoa

UK and Germany sign agreement on hydrogen development

Bulgaria: EPPO investigates organised crime group that illegally obtained EU agricultural funds


POLITICS

UK and Germany sign agreement on hydrogen development

Canada and France deepen cooperation on critical minerals
Türkiye seals deal for natural gas exports to Romania
Alabama Governor announces major tax reform to benefit small businesses
Governor Edwards announces federal approval of Emergency Declaration for Lower Mississippi River saltwater intrusion
Brazil launches plan to boost national production of health items
 

Today We Recommend

Iran breaks U.S. monopoly in production of stroke medication


Highlights 

Nel Hydrogen to build gigafactory in Plymouth Township bringing 517 jobs to Michigan

Provalus to create 92 jobs in Columbus County, North Carolina

Virginia: Wells Fargo creating 1,100 jobs in Roanoke County


COMPANIES

Ponsse completes sale of Russian subsidiary

Stellantis expands offer of mobility solutions in Africa
Nel Hydrogen to build gigafactory in Plymouth Township bringing 517 jobs to Michigan
Betashares to acquire Bendigo Bank's super business
Repligen of Massachusetts to buy Metenova of Sweden
Provalus to create 92 jobs in Columbus County, North Carolina
 

CAREERS

AAX Biotech names new CEO

65 Equity Partners appoints two senior partners
Krank appoints David McCarthy as global head of sales
Lithium Energi Exploration appoints Jason Nalewanyj as CFO
High Liner Foods appoints Paul Jewer as interim CEO
BP CEO resigns over personal relationships with colleagues, Auchincloss new interim CEO
 

ECONOMY

Governor Reynolds announces Iowa budget surplus of $1.83b

Acute slowdown in agricultural output price in EU rises
S&P improves Pennsylvania’s rating outlook to ‘positive,’ affirms A+ long-term rating
Ukraine's GDP grows by 19.5% in Q2
Spain's economy grows 0.5 pct in Q2
Slow growth for Taiwan
 

EARNINGS

S&W Seed revenue $73.5 million

H&M Q3 operating profit up
Costco sales up 9.4 percent
United Natural Foods Q4 sales increased 2.0%
KB Home Q3 revenues $1.59 billion
FedEx Q1 profit $1.08 billion
 

OP-ED

Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
 

AGRIFISH

Netherlands EU's largest importer of soy, palm oil and cocoa

Another batch of sunflower seeds from Serbia arrived in Belgorod region, Russia
Russia: Over 61 000 hectares of agricultural land put into circulation in Orenburg region
Seasonal growth in air transportation of salmon caviar continues in Kamchatka
New pest raises concern for oak trees in Oregon
Imprisonment or unlimited fine or both for snares and glue traps in Wales
 

LEADERSHIP

Handsome bank CEOs can earn a million more than their less attractive colleagues

Investors less likely to sell losing stocks when entire portfolio is at loss
How managers can encourage employees to share their best ideas
More than 50% of software leader roles will explicitly require oversight of generative AI
Gartner survey: Half of candidates accepted job offer and backed out before starting
Educational bootcamps can help people switch careers, says study
 

CRIME

Dufresne to pay $3.25 million penalty to settle Competition Bureau Canada concerns over marketing claims

New York judge found Donald Trump liable for fraud, effectiely kills his business in state
Deutsche Bank subsidiary DWS to pay $25 million for anti-money laundering violations and misstatements
Portugal: Lisbon Court of Appeal confirms infringement by Super Bock sanctioned by AdC
Commission re-imposes €376.36 million fine on Intel for anticompetitive practices in market for computer chips
Goldman Sachs to pay SEC $6 million in penalties for providing deficient blue sheet data
 

Magazine

TRAVEL

500 exhibitors coming to Watch and Jewellery Middle East Show

Iconic Buffalo Roundup in South Dakota
Urban(R)Evolution, celebration of graffiti art
151 room Taj the Trees hotel opens in Mumbai
Festival of films made by kids returns to Blatimore, Md.
World's glass blowing artists will come to Jack Pine Glass Pumpkin Festival
 

SEA, LAND, AIR

Indian Chief, homage to glory days of American motorcycling

Ares Modena S1 is real take on Corvette
Toyota to launch new Century in Japan
Alfa Romeo 33 Stradale, pure beauty with 750 hp
Grand Soleil 40, fast and responsive boat
Zenvo Aurora, Danish miracle with turbocharged V12 engine
 

DESIGN

Yves Delorme, luxury linen for kings and you

Graff, obsession with perfection
Ballerina kitchens, the dance of style and function
Big ideas for small interiors
How to choose colors for your walls
Vintage chairs to embellish any room
 

GADGETS

Tecno Phantom flip phone, great device you shouldn't touch

HP Spectre Foldable PC, interesting laptop but $5000 for it is way too much
Deutsche Telekom Fairphone 5, sustainable and ethical smartphone you can repair yourself
Canon MS-500, ultra sensitive camera for professionals
Nikon Z 8, full frame mirrorless camera for professionals
Reed Muse 3A turntable, good design and even better music
 

HEALTH

Iran breaks U.S. monopoly in production of stroke medication

GSK’s Arexvy RSV vaccine approved in Japan for adults aged 60 and above
Americans to get free COVID-19 test
Japan approves its first Alzheimer's drug
Aerobic and strength exercise can support better brain health in your 80s and 90s
Rhode Island suicide and crisis line calls increase by more than 50% since 988 launch
 

MEANTIME

Milky Way mass much smaller than expectations from cosmology

CERN says antimatter responds to gravity
Arctic sea ice sixth lowest on record
China launches its latest remote sensing satellite
Berlin plans to plant 500,000 trees in autumn
Radio signals reveal secrets of hidden supermassive black holes