International Flavors & Fragrances (IFF) Revenue & Revenue Breakdown
International Flavors & Fragrances Revenue Highlights
Latest Revenue (Y)
$11.48B
Latest Revenue (Q)
$2.89B
Main Segment (Y)
Nourish
Main Geography (Y)
EMEA
International Flavors & Fragrances Revenue by Period
International Flavors & Fragrances Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $11.48B | -7.73% |
| 2022-12-31 | $12.44B | 6.73% |
| 2021-12-31 | $11.66B | 129.26% |
| 2020-12-31 | $5.08B | -1.09% |
| 2019-12-31 | $5.14B | 29.23% |
| 2018-12-31 | $3.98B | 17.03% |
| 2017-12-31 | $3.40B | 9.06% |
| 2016-12-31 | $3.12B | 3.08% |
| 2015-12-31 | $3.02B | -2.12% |
| 2014-12-31 | $3.09B | 4.59% |
| 2013-12-31 | $2.95B | 4.66% |
| 2012-12-31 | $2.82B | 1.20% |
| 2011-12-31 | $2.79B | 6.30% |
| 2010-12-31 | $2.62B | 12.76% |
| 2009-12-31 | $2.33B | -2.65% |
| 2008-12-31 | $2.39B | 4.95% |
| 2007-12-31 | $2.28B | 8.65% |
| 2006-12-31 | $2.10B | 5.12% |
| 2005-12-31 | $1.99B | -1.98% |
| 2004-12-31 | $2.03B | 6.95% |
| 2003-12-31 | $1.90B | 5.10% |
| 2002-12-31 | $1.81B | -1.87% |
| 2001-12-31 | $1.84B | 26.04% |
| 2000-12-31 | $1.46B | 1.62% |
| 1999-12-31 | $1.44B | 2.29% |
| 1998-12-31 | $1.41B | -1.37% |
| 1997-12-31 | $1.43B | -0.65% |
| 1996-12-31 | $1.44B | -0.24% |
| 1995-12-31 | $1.44B | 9.45% |
| 1994-12-31 | $1.32B | 10.65% |
| 1993-12-31 | $1.19B | - |
International Flavors & Fragrances generated $11.48B in revenue during NA 2023, up -7.73% compared to the previous quarter, and up 288.60% compared to the same period a year ago.
International Flavors & Fragrances Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $2.89B | -0.34% |
| 2024-03-31 | $2.90B | 7.25% |
| 2023-12-31 | $2.70B | -4.15% |
| 2023-09-30 | $2.82B | -3.72% |
| 2023-06-30 | $2.93B | -3.24% |
| 2023-03-31 | $3.03B | 6.43% |
| 2022-12-31 | $2.84B | -7.15% |
| 2022-09-30 | $3.06B | -7.38% |
| 2022-06-30 | $3.31B | 2.51% |
| 2022-03-31 | $3.23B | 6.43% |
| 2021-12-31 | $3.03B | -1.30% |
| 2021-09-30 | $3.07B | -0.58% |
| 2021-06-30 | $3.09B | 25.31% |
| 2021-03-31 | $2.46B | 94.08% |
| 2020-12-31 | $1.27B | 0.16% |
| 2020-09-30 | $1.27B | 5.78% |
| 2020-06-30 | $1.20B | -11.03% |
| 2020-03-31 | $1.35B | 4.95% |
| 2019-12-31 | $1.28B | 1.30% |
| 2019-09-30 | $1.27B | -1.88% |
| 2019-06-30 | $1.29B | -0.45% |
| 2019-03-31 | $1.30B | 6.43% |
| 2018-12-31 | $1.22B | 34.32% |
| 2018-09-30 | $907.55M | -1.36% |
| 2018-06-30 | $920.02M | -1.17% |
| 2018-03-31 | $930.93M | 8.93% |
| 2017-12-31 | $854.63M | -2.10% |
| 2017-09-30 | $872.94M | 3.57% |
| 2017-06-30 | $842.86M | 1.76% |
| 2017-03-31 | $828.29M | 8.62% |
| 2016-12-31 | $762.56M | -1.86% |
| 2016-09-30 | $777.00M | -2.08% |
| 2016-06-30 | $793.48M | 1.30% |
| 2016-03-31 | $783.31M | 9.45% |
| 2015-12-31 | $715.65M | -6.46% |
| 2015-09-30 | $765.09M | -0.32% |
| 2015-06-30 | $767.54M | -0.95% |
| 2015-03-31 | $774.91M | 2.49% |
| 2014-12-31 | $756.08M | -2.29% |
| 2014-09-30 | $773.81M | -1.85% |
| 2014-06-30 | $788.41M | 2.36% |
| 2014-03-31 | $770.22M | 6.21% |
| 2013-12-31 | $725.17M | -2.30% |
| 2013-09-30 | $742.26M | -2.03% |
| 2013-06-30 | $757.63M | 4.09% |
| 2013-03-31 | $727.84M | 6.95% |
| 2012-12-31 | $680.56M | -4.01% |
| 2012-09-30 | $708.96M | -1.71% |
| 2012-06-30 | $721.32M | 1.51% |
| 2012-03-31 | $710.62M | 10.28% |
| 2011-12-31 | $644.38M | -9.72% |
| 2011-09-30 | $713.77M | -0.25% |
| 2011-06-30 | $715.59M | 0.18% |
| 2011-03-31 | $714.27M | 13.40% |
| 2010-12-31 | $629.87M | -6.45% |
| 2010-09-30 | $673.28M | 1.12% |
| 2010-06-30 | $665.80M | 1.82% |
| 2010-03-31 | $653.91M | 11.66% |
| 2009-12-31 | $585.63M | -4.41% |
| 2009-09-30 | $612.63M | 7.81% |
| 2009-06-30 | $568.26M | 1.54% |
| 2009-03-31 | $559.63M | 3.81% |
| 2008-12-31 | $539.10M | -12.70% |
| 2008-09-30 | $617.54M | -2.92% |
| 2008-06-30 | $636.13M | 6.62% |
| 2008-03-31 | $596.61M | - |
International Flavors & Fragrances generated $2.89B in revenue during Q2 2024, up -0.34% compared to the previous quarter, and up 95.44% compared to the same period a year ago.
International Flavors & Fragrances Revenue Breakdown
International Flavors & Fragrances Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Scent | $2.39B | $2.30B | $2.25B | - | - |
| Health & Biosciences | $2.08B | $2.34B | $2.33B | - | - |
| Nourish | $6.06B | $6.83B | $6.26B | - | - |
| Pharma Solutions | $945.00M | $971.00M | $809.00M | - | - |
| Fragrances | - | - | - | $396.93M | $1.54B |
| Flavors | - | - | - | $372.70M | $2.85B |
| Fragrance Ingredients | - | - | - | - | $745.75M |
International Flavors & Fragrances's latest annual revenue breakdown by segment (product or service), as of Dec 23: Nourish (52.79%), Scent (20.85%), Health & Biosciences (18.13%), and Pharma Solutions (8.23%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Health & Biosciences | $531.00M | $528.00M | $518.00M | $522.00M | $513.00M | $501.00M | $512.00M | $665.00M | $661.00M | $646.00M | $618.00M | $639.00M | $426.00M | - | - | - | - | - | - | - |
| Pharma Solutions | $227.00M | $203.00M | $238.00M | $251.00M | $253.00M | $221.00M | $257.00M | $244.00M | $249.00M | $204.00M | $211.00M | $232.00M | $162.00M | - | - | - | - | - | - | - |
| Scent | $645.00M | $578.00M | $615.00M | $592.00M | $608.00M | $545.00M | $591.00M | $580.00M | $585.00M | $555.00M | $580.00M | $550.00M | - | - | - | - | - | - | - | - |
| Nourish | $1.50B | $1.39B | $1.45B | $1.56B | $1.65B | $1.58B | $1.70B | $1.82B | $1.73B | $1.63B | $1.66B | $1.67B | - | - | - | - | - | - | - | - |
| Flavors | - | - | - | - | - | - | - | - | - | - | - | - | $1.31B | $91.54M | $91.00M | $93.54M | $43.95M | $429.87M | $716.17M | $729.28M |
| Fragrances | - | - | - | - | - | - | - | - | - | - | - | - | $569.00M | $97.51M | $98.31M | $92.29M | $108.82M | $478.31M | $389.76M | $375.70M |
| Frutarom Industries Ltd. | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $375.59M | $363.69M | $381.72M |
International Flavors & Fragrances's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Nourish (51.60%), Scent (22.25%), Health & Biosciences (18.32%), and Pharma Solutions (7.83%).
International Flavors & Fragrances Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Asia | $2.68B | $2.88B | $2.73B | $1.16B | $1.16B |
| Latin America | $1.49B | $1.49B | $1.34B | $706.94M | $724.84M |
| North America | $3.48B | $3.85B | $3.50B | $1.23B | $1.17B |
| EMEA | $3.83B | $4.22B | $4.09B | $1.99B | $2.08B |
International Flavors & Fragrances's latest annual revenue breakdown by geography, as of Dec 23: EMEA (33.40%), North America (30.29%), Asia (23.32%), and Latin America (12.99%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Jun 19 | Mar 19 | Sep 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asia | $682.00M | $646.00M | $670.00M | $673.00M | $688.00M | $676.00M | $701.00M | $755.00M | $744.00M | $738.00M | $696.00M | $707.00M | $587.00M | $293.63M | $283.20M | $275.31M | $309.51M | $293.26M | $287.96M | $237.41M |
| North America | $866.00M | $809.00M | $853.00M | $910.00M | $905.00M | $847.00M | $939.00M | $1.06B | $1.00B | $891.00M | $925.00M | $961.00M | $722.00M | $303.58M | $320.75M | $300.52M | $303.39M | $293.92M | $301.06M | $248.66M |
| Latin America | $374.00M | $372.00M | $379.00M | $376.00M | $364.00M | $360.00M | $393.00M | $387.00M | $352.00M | $350.00M | $366.00M | $337.00M | $283.00M | $173.00M | $183.03M | $159.62M | $191.29M | $176.30M | $178.78M | $135.95M |
| EMEA | $977.00M | $876.00M | $918.00M | $970.00M | $1.07B | $961.00M | $1.03B | $1.10B | $1.13B | $1.05B | $1.08B | $1.08B | $873.00M | $499.86M | $481.09M | $463.32M | $543.13M | $528.09M | $529.61M | $285.52M |
International Flavors & Fragrances's latest quarterly revenue breakdown by geography, as of Mar 24: EMEA (33.70%), North America (29.87%), Asia (23.53%), and Latin America (12.90%).
International Flavors & Fragrances Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| LYB | LyondellBasell Industries | $41.11B | - |
| LIN | Linde | $32.85B | $8.27B |
| SHW | Sherwin-Williams | $23.05B | $6.27B |
| PPG | PPG Industries | $18.25B | $4.79B |
| EMN | Eastman Chemical | $16.36B | $4.13B |
| ECL | Ecolab | $15.32B | $3.99B |
| APD | Air Products and Chemicals | $12.60B | $5.01B |
| WLK | Westlake | $12.55B | $3.21B |
| IFF | International Flavors & Fragrances | $11.48B | $2.89B |
| RPM | RPM | $7.34B | $1.52B |
| CC | Chemours | $6.03B | $1.54B |
| CBT | Cabot | $3.93B | $1.02B |
IFF Revenue FAQ
What is International Flavors & Fragrances’s yearly revenue?
International Flavors & Fragrances's yearly revenue for 2023 was $11.48B, representing a decrease of -7.73% compared to 2022. The company's yearly revenue for 2022 was $12.44B, representing an increase of 6.73% compared to 2021. IFF's yearly revenue for 2021 was $11.66B, representing an increase of 129.26% compared to 2020.
What is International Flavors & Fragrances’s quarterly revenue?
International Flavors & Fragrances's quarterly revenue for Q2 2024 was $2.89B, a -0.34% decrease from the previous quarter (Q1 2024), and a -1.37% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $2.9B, a 7.25% increase from the previous quarter (Q4 2023), and a -4.23% decrease year-over-year (Q1 2023). IFF's quarterly revenue for Q4 2023 was $2.7B, a -4.15% decrease from the previous quarter (Q3 2023), and a -4.96% decrease year-over-year (Q4 2022).
What is International Flavors & Fragrances’s revenue growth rate?
International Flavors & Fragrances's revenue growth rate for the last 3 years (2021-2023) was -1.52%, and for the last 5 years (2019-2023) was 123.32%.
What are International Flavors & Fragrances’s revenue streams?
International Flavors & Fragrances's revenue streams in c 23 are Scent, Health & Biosciences, Nourish, and Pharma Solutions. Scent generated $2.39B in revenue, accounting 20.85% of the company's total revenue, up 4.00% year-over-year. Health & Biosciences generated $2.08B in revenue, accounting 18.13% of the company's total revenue, down -11.03% year-over-year. Nourish generated $6.06B in revenue, accounting 52.79% of the company's total revenue, down -11.26% year-over-year. Pharma Solutions generated $945M in revenue, accounting 8.23% of the company's total revenue, down -2.68% year-over-year.
What is International Flavors & Fragrances’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of International Flavors & Fragrances was Nourish. This segment made a revenue of $6.06B, representing 52.79% of the company's total revenue.