Integrated Annual Report 2024

Taste, Texture & Health (TTH) brings progress to life by tackling some of society’s biggest challenges: providing nutritious, healthy, and sustainable food and beverages; accelerating diet transformation with products that offer appealing taste and texture; and nourishing the rapidly growing global population while minimizing food loss and waste.

TTH consists of Taste, which includes the segments flavors, natural extracts, sugar reduction solutions, and Ingredients Solutions, which includes the segments food enzymes, hydrocolloids, cultures, natural colorants, nutritional ingredients, and plant-based proteins. Our four growth platforms – plant-based, sugar reduction, petfood, and health benefits solutions – deploy portfolios and application and creation capabilities across these two divisions.

We bring to market delicious, nutritious, and sustainable food and beverage solutions that are both appealing to consumers and better for People and Planet than the products they replace. We develop products with two key sustainability objectives: to help sustainably feed a growing population and minimize food loss and waste. To achieve these goals, we use creative processes involving our customers. Our passion for the science and emotion of food extends along the value chain from discovery to application to the end-consumer experience. This includes drinks with little or no sugar; dairy products with consumer-preferred mouthfeel; succulent savory bites; and nutritious plant-based alternatives.

Highlights

In 2024, we delivered +8% organic sales growth and +11% Adjusted EBITDA growth

Sales synergies gained momentum through cross-selling, concept-selling, and capability-sharing, resulting in a steadily growing pipeline in line with mid-term ambitions. We announced our strategic priorities at dsm-firmenich’s Capital Markets Day in June and, as a result of our strategic review, we sold our yeast extract business to Lesaffre

We continued to invest in our regional presence by building or expanding facilities around the world and successfully implementing continuous improvement initiatives

We accelerated the next step in our integration process while maintaining high employee engagement and customer satisfaction throughout

We prioritized climate actions to meet long-term science-based targets and demand for lower-carbon food and beverage solutions

We accelerated, and were awarded for, the use of advanced digital technologies for food and beverage research and innovation. These include machine learning and artificial intelligence for fermentation, lab automation, and receptor technologies

Pink pepper (photo)

Responsible sourcing:
Making a positive impact in Madagascar's value chains

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Person looking in the camera with the reflection of a rainbow on their face (photo)

Our people

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Gold perfume bottle in natural environment (photo)

Perfumery & Beauty:
Creating an award-winning fragrance with universal appeal

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