Firmenich announces Magical Botanical as the 10th annual Flavor of the Year!

GENEVA,Dec. 14,2021 -- Firmenich,the world's largest privately-owned fragrance and taste company,is excited to announce its 2022 Flavor of the Year,Magical Botanical,responding to a transformed society's need for enhanced wellbeing and creativity.

A Limited Edition Creative Collection

"This is our 10th Flavor of the Year,something our customers have really come to look forward to," said Emmanuel Butstraen,President of Firmenich's Taste & Beyond division. "To help serve the consumer-driven diet transformation with food & beverages that are better for people and planet,we aimed to develop a creation which embodies this transformation. We tapped into the extraordinary talent and creativity of Firmenich Flavoristsacross the world to create something entirely new,inspired by the transformative and healing notions of botanicals."

Firmenich's 2022 Flavor of the Year,called Magical Botanical,draws its inspiration from the latest Pantone® Color of the Year 2022,and the transformative power and magical nature of botanicals,ushering in a new era for inspired flavor creation.

Our Magical Botanical flavors were designed around a core of intriguing botanical ingredients and culinary herbs of natural origin and traceable sourcing,and known for their healing and immunity-supporting powers. Firmenich Creators paired these ingredients with dynamic elements of surprise and delight,transforming them into great-tasting flavors. The resulting flavor collection was designed to inspire new creativity in a wide variety of applications across sweet goods,savory foods and beverages.

Creativity Inspired by Color & Trenz

This marks the first time Firmenich has created a new flavor by blending a variety of natural elements for its Flavor of the Year launch. This year also brings the unveiling of a sensory partnership between Firmenich and the global color authority,Pantone. Inspired by an unprecedented moment of global transformation,both Firmenichand Pantone have chosen to introduce entirely new creations as the Firmenich Flavor of the Year and the Pantone Color of the Year™,respectively.

Pantone Color of the Year 2022 is PANTONE® 17-3938 Very Peri,an entirely new periwinkle blue hue enhanced with a vibrant violet red undertone. It was created by Pantone using the universal language of color to reflect these uniquely transformative times.

"Like Pantone Very Peri™,Firmenich's Flavor of the Year aims to capture the emerging themes we're seeing in the world around us,by translating new trends and consumer emotions into positive sensory experiences," said Mikel Cirkus,Global Creative Director,Taste & Beyond. "For 2022,we have tuned in to the global transformation and heightened focus on wellbeing. Over the last 18 months,our collective experience of radical uncertainty has sparked a great transformation. From this,our perspectives,priorities and expectations are changing. Still unsure of what the altered landscape holds,people are none the less embracing its possibilities with hope. We created our Magical Botanical collection to reflect this societal transformation and the new consumer needs it is creating,as people nurture their own creativity,hopes and personal wellbeing."

Inspired by Transforming Markets

Firmenich's consumer and market data tell the same story. Its proprietary Flavor Knowledge Portal,fueled by Mintel GNPD data,leverages more than ten years' worth of data across millions of launched products to uncover patterns and trends around food and beverage innovation. This data reveals that even before Covid,food & beverage companies began accelerating their bets on botanicals.

"Growth in products that announce botanical on front of pack has been exceptional,with over 1,300 launches expected this year and accelerating growth of 29% CAGR since 2017," said Firmenich Global Head of Human Insights,Jeff Schmoyer. "What is particularly noteworthy is that brands are calling out botanicals across an exceptionally wide array of categories. Hot drinks,alcoholic drinks,and baked goods are the most common applications,and we also see substantial numbers of brands talking about botanicals on pack in applications from sauces and snacks to juices,dairy and nutritional drinks. However,now even confectionery and desserts are making new forays into using botanical blends as flavor and as ingredients,as a way to connect with consumers' desire for natural,healthy transformations to their diets. In sensory terms,this is driving growth in the use of flavor notes that we classify as flowery,herbal,and tea tonalities within our AromaSphere™ flavor description system,across these same categories."

The Magic of Combining Botanicals

To stretch our creativity even further,this year we challenged our Flavorists to create blends of botanicals that fit these trends and also are evocative of the Pantone Color of the Year 2022. Botanicals lend themselves naturally to creative blending in food & beverages. Over the past decade,the use of combinations of flavors had been on a steady increase in launched consumer packaged goods (CPG's),cresting at 45% of all launches in 2018. Schmoyer remarked: "While we've seen a slight slowdown in the launch of multiway blends during Covid as manufacturers focused on single hero ingredients with benefits (such as our 2021 Flavor of the Year,ginger),there are clear indicators that consumers themselves have become considerably more creative at home in the kitchen,and are hungry for more interesting and complex flavors outside the home as well."

In the most recent wave of Firmenich's global consumer tracking across 22 countries,the top 3 behavior changes noted by consumers during the past year were "made a major improvement in cooking ability","became more passionate about food overall" and "increased use of herbs & spices". According to Schmoyer,"all of this points to a surge in intentional consumer creativity,and interest in learning to work with and combine nature's most aromatic and culinarily relevant plants to create unexpected food and drink experiences for the future."

So how did Firmenich create a blend of botanicals that both inspires a sense of wonder and also seems to magically evoke such an unexpected color? Stay tuned to learn more about the magically natural and inspiring ingredients inside Firmenich's Magical Botanical flavor collection!

About Firmenich

Firmenich is the world's largest privately-owned perfume and taste company,founded in Geneva,Switzerland,in 1895 and has been family-owned for 125 years. Firmenich is a leading business-to-business company operating primarily in the fragrance and taste market,specialized in the research,creation,manufacture and sale of perfumes,flavors and ingredients. Renowned for its world-class research and creativity,as well as its leadership in sustainability,Firmenich offers its customers superior innovation in formulation,a broad and high-quality palette of ingredients,and proprietary technologies including biotechnology,encapsulation,olfactory science and taste modulation. Firmenich had an annual turnover of 4.3 billion Swiss Francs at end June 2021. More information about Firmenich is available atwww.firmenich.com

About Pantone

Pantone provides the universal language of color that enables color-critical decisions through every stage of the workflow for brands and manufacturers. More than 10 million designers and producers around the world rely on Pantone products and services to help define,communicate,and control color from inspiration to realization – leveraging advanced X-Rite technology to achieve color consistency across various materials and finishes for graphics,fashion,and product design. Pantone Standards feature digital and physical color specification and workflow tools. The Pantone Color Institute™ provides customized color standards,brand identity,and product color consulting as well as trend forecasting inclusive of Pantone Color of the Year,Fashion Runway Color Trend Reports,color psychology,and more. Pantone B2B Licensing incorporates the Pantone Color System into different products and services,enabling licensees to communicate and reproduce certified Pantone values and improve efficiencies for their users. Pantone Lifestyle brings color and design together across apparel,home,and accessories. Learn more at www.pantone.com and connect with Pantone on Instagram, Facebook, Pinterest,and LinkedIn.