In 2023, PT Sinergi Multi Lestarindo Tbk (SMLE) expanded its business into the fragrance and flavor sectors, which hold great long-term potential. According to Statista, the global fragrance market is projected to generate US$59.87 billion in revenue by 2024, with an expected annual growth rate (CAGR) of 3.01% from 2024 to 2028.

Meanwhile, Grand View Research reported that the global flavor market was valued at USD 19.21 billion in 2023 and is expected to grow at a CAGR of 5.9% from 2024 to 2030. Consumer preferences in the food industry have shifted significantly in recent years, particularly with the growing acceptance of unique and exotic flavors.

The fragrances provided by SMLE are premium products, offering the finest blends with long-lasting, refreshing scents. This demonstrates SMLE's ability to supply high-quality raw materials that enhance customer's businesses.

In addition, SMLE offers hundreds of fragrances sourced directly from leading suppliers across Asia and the world. These raw materials can be applied to fine fragrance, home & air care, aromatherapy, and fabric fragrance. For flavors, SMLE offers solutions that can be used to powder flavor, liquid flavor, and encapsulate flavor.

SMLE also supports fragrance and flavor businesses through its dedicated Research and Development (R&D) team. This team focuses on research and innovation to create the best formulas tailored to customer needs. SMLE's laboratory is equipped to help fulfill customer requirements.

Moreover, the SMLE team offers insights into global market trends, helping customers stay ahead in the fragrance and flavor industries. Customers visiting the laboratory can explore prototypes in both fields. Additionally, SMLE assists customers in developing formulations that match their specific needs.

SMLE is a reliable partner in the fragrance and flavor industries, offering solutions that empower customers to grow and succeed in their businesses.