Drink Asia July August 2019 | Page 41

T ell us about Sonarome’s success journey in the global market with its wide range of high-quality products and a flexible marketing approach. Sonarome Private Limited (sonarome. com) is a well respected, full range, Flavour and Fragrance house with manufacturing, R&D and Corporate Office in Bangalore, India. Sonarome made early forays into the international market right from the time of its inception more than 30 years ago – a time when most other flavour houses were focused mainly on the domestic markets. The Sonarome promise of quick sampling, consistent quality and competitive pricing enabled it to carve a niche for itself in the international market – a niche that has expanded over time, and become a substantial part of its overall business. I n your opinion, what is the current scenario of the flavour market worldwide and in India? The flavour market, worldwide, and in India is growing at a steady pace. The growth rates for Asia (including India) and the Middle East are far in excess of the well established markets of EU and the North America. Rapid urbanization, higher economic growth rates (higher disposable incomes), larger populations along with acceptance of convenience foods is fuelling the rapid expansion of the market. The increase in demand cuts across industry segments – from Beverages (Hot and Cold) , Confectionery (Sweet and Savoury), Dairy, Bakery etc. T ell us about your product offerings and your clientele. Sonarome services its clients in India and overseas with a full range of products. Our clients include the whos who of the industry in India in categories like, Health and functional Foods, Pharma, FMCG, Dairy, Bakery, Confectionery , Beverages, etc. We service them directly and also through our wide spread of dealer network across India and overseas. W hat are Sonarome’s flavour formats? Our offerings include, liquid flavours, powder flavour, encapsulated flavours, spray dried flavours, emulsions, cloudy products and seasoning. Our R&D and Manufacturing are constantly innovating and adopting latest technologies for providing the industry with best solutions. H ow well the company is growing? Tell us about Sonarome’s international and national business earnings ratio. The vision of Sonarome continues to be the preferred partner for quality fl avour and fragrance products for our customers in India and overseas Drink Asia 41 July-August 2019 With the continued patronage of the domestic and overseas clients, new products introduction and innovations on existing products, Sonarome is growing well, both in its top-line, and bottom-line with a healthy CAGR. We have a balanced growth in our national and international portfolios. T he food ingredient sector is on a high growth trajectory. Increased consumption and investment demand are expected to drive the segment. Share your views on this. Increased per capita consumption across product categories, resulting in increased overall demand, will indeed fuel the growth of all the segments of the industry. We are witnessing this trend not only for well established national brands and regional brands but also a host of innovative food-tech start-ups who are incubating projects here in India, both for overseas markets as well as local markets. T ell us about Sonarome’s vision The vision of Sonarome continues to be the preferred partner for quality flavour and fragrance products for our customers in India and overseas. Towards this end, we are focused on delivering products as per the requirements of our existing customers, understanding their upcoming needs and reaching out to new customers in India and across the globe.