Ingredion Inc - Company Profile
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Business Description
Ingredion Inc (Ingredion) is an ingredient solutions provider that transforms grains, fruits, vegetables, and other plant-based materials into ingredient solutions. The company develops, produces, and sells starches and sweeteners for the food, beverage, animal nutrition, brewing, and industrial markets. Its product portfolio includes starches and sweeteners, animal feed products, and edible corn oil.
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R&D Overview
Ingredion's R&D arm focuses on driving innovation and enhancing the company's competitive position within the ingredient industry. The company invests in cutting-edge technology, proprietary formulations, and process innovations to expand its product portfolio while maintaining compliance with regulatory, food safety, and quality standards globally. Ingredion collaborates with customers, academic institutions, research organizations, and industry stakeholders to foster collaborative innovation and accelerate the development of new technologies. Ingredion has a global network of 30 Ingredion Idea Labs in Bridgewater, New Jersey, with more than 500 scientists. As of December 2024, the company owned more than 2,000 patents and patents pending under which it markets products. In FY2024, the company incurred expenses of US$67 million on R&D, which as a percentage of revenue, stood at 0.9%.
Business Segments
Overview
It converts corn, tapioca and sugar, into starches, sweeteners and co-products for the food and industrial markets in Latin America. Product applications include food production, brewing, beverages, paper manufacturing, textiles, adhesives, pharmaceuticals and cosmetics.
Performance
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Overview
It converts corn into starches and sweeteners and co-products for the food and industrial markets. Product applications include food and beverages, paper and packaging, pharmaceuticals and personal care.
Performance
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Overview
Provides solutions to the global market. Offers modified and native starches, clean-label texturizers, hydrocolloids, and customized formulations.
Performance
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Overview
Comprises of sweetener and starch sales from Pakistan, stevia and other ingredients from PureCircle, and pea protein.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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