Taste, scent and bioscience ingredients
International Flavors & Fragrances
IFF earns revenue by supplying taste, scent, enzyme, culture and functional-ingredient solutions to food, beverage, household and personal-care manufacturers. It spends on natural inputs such as vanilla, synthetic materials, and the formulation and bioscience work needed to tailor solutions to customer products.
Business categories Diversified & Specialty Chemicals · Industrial Materials & Chemicals · primary
IFF Updated Sep 24, 2026 3 AI consumers· 2 recurring
Per the valuechain.wiki graph, International Flavors & Fragrances is directly linked to 4 companies (0 supply, 3 revenue, 1 investment relationships) and reaches 11 companies within two hops; the links are backed by 6 dated sources, 1 of them primary filings (as of 2026-09-24).
Financials & Segments
- Total revenue · FY2025 total revenue: $10.890 billion (SEC 10-K XBRL)
- Segments · Taste · Food Ingredients · Health & Biosciences · Scent · Pharma Solutions
Revenue from
- Nestlé S.A. High confidence
Nestlé's 2018 vanilla supply-chain disclosure names IFF as a direct supplier and lists Biovanilla and Planifolia as the associated curing sites in Madagascar. IFF's customer-specific revenue and the current contract status are undisclosed. - Procter & Gamble Medium confidence
IFF is a confirmed supplier to P&G in perfume and delivery technology and received P&G's supplier sustainability award. Revenue by customer is undisclosed, and no single customer represented 10% or more of IFF's 2025 sales.Confirms EN IFF Published Nov 30, 2022: IFF Honored for Advancing P&G Sustainability Progress in Perfume & Delivery Technology - The Estée Lauder Companies Inc. Medium confidence
International Flavors & Fragrances supplies fragrance and fragrance ingredients to Estée Lauder and names Estée Lauder as the requesting customer and identifies the supplied goods in its 2025 CDP response, but does not disclose the transaction value.Confirms EN International Flavors & Fragrances Published Apr 27, 2026: International Flavors & Fragrances Inc. 2025 CDP Corporate Questionnaire
Pays to
- NaturaVanilla Medium confidence
IFF's Sustainable Vanilla Program was designed with local supplier NaturaVanilla. The volume and value supplied to IFF were not disclosed.Confirms EN Union for Ethical BioTrade Published Jun 29, 2026: IFF and UEBT: Collaborating for the Future of Vanilla Sourcing in Madagascar - Biovanilla Medium confidence
IFF's Sustainable Vanilla Program was designed with local supplier Biovanilla. The volume and value supplied to IFF were not disclosed.Confirms EN Union for Ethical BioTrade Published Jun 29, 2026: IFF and UEBT: Collaborating for the Future of Vanilla Sourcing in Madagascar
Investments
- DuPont High confidence· Amount 26 USD_billion · 2019 announced transaction; 2021 completed · Announced transaction value for the combination with DuPont Nutrition & Biosciences
IFF combined with DuPont's Nutrition & Biosciences business to expand its food-ingredient and bioscience portfolio. The announced transaction value was $26 billion, and the Reverse Morris Trust combination closed in 2021.Confirms EN SEC EDGAR Published Feb 27, 2026: INTERNATIONAL FLAVORS & FRAGRANCES INC 10-K (2026-02-27)Confirms KO The Korea Economic Daily Published Oct 1, 2025: The Secret Behind Fruit-Flavored Drinks: The Big Four Controlling Taste
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| Amazon | lead2 | +2.4 | -49.6 | +80.9 | +44.4 | +5.2 | +12 |
| Dollar General Corporation | lead2 | +13 | +5.6 | -44.1 | -43.1 | +79.6 | +1.8 |
| Walmart Inc | lead2 | +2 | -0.5 | +12.9 | +74 | +24.5 | +0.6 |
| The Hershey Company | lead2 | +29.6 | +21.9 | -17.9 | -6.5 | +11 | -2.7 |
| Ulta Beauty, Inc. | lead2 | +43.6 | +13.8 | +4.5 | -11.2 | +39.1 | -6.8 |
| E-mart Inc. | lead2 | -18.4 | -19.5 | -25.3 | -14.6 | +44.7 | -21.1 |
| Nestlé S.A. | lead1 | +22.1 | -4.2 | -9.3 | -18.8 | -1.8 | +11 |
| Procter & Gamble | lead1 | +20.5 | -5 | -0.9 | +17.3 | -12.3 | +4.5 |
| The Estée Lauder Companies Inc. | lead1 | +40 | -32.3 | -40.1 | -47.6 | +42.1 | +0.2 |
| International Flavors & Fragrances | node | +41.5 | -28.3 | -19.5 | +6.3 | -18.4 | +27.5 |
| DuPont | benef1 | +15.4 | -13.4 | +14.4 | +1 | +28.7 | +10.5 |
| Qnity Electronics | benef2 | · | · | · | · | · | +55.3 |
YTD as of 2026-10-09 · source: Yahoo Finance
International Flavors & Fragrances operates across Taste, scent and bioscience ingredients. After -18.4% in 2025, it rebounded +29.6% in 2026. The stock (+29.6%) and its demand side (avg +7.8%) are moving in step. Among connected nodes the furthest ahead is Nestlé S.A. (+11%) and the furthest behind is Procter & Gamble (+4.5%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. It spends on natural inputs such as vanilla, synthetic materials, and the formulation and bioscience work needed to tailor solutions to customer products.
Analysis generated from returns as of 2026-09-04← All companiesMarkdown · JSON · Customers · Suppliers · Ripple