date:Sep 08, 2021
s operates in a highly fragmented industry and complements its strong organic growth with an active acquisition strategy. The company notes that the specialty chemicals and food ingredients distribution market reached 117 billion (US$138.8 billion) in 2019 and the top four companies had a 10 percent market share.
Azelis forecasts that the industry will further consolidate as its over 2,200 principals (its specialty chemical and food ingredient suppliers) and over 45,000 customers both look to