Ingredion Inc (INGR) Sector
Consumer Staples

(Current) $148.07
-0.81 (-0.54%) Open Price: 149.39

 

Ingredion Incorporated, a global ingredient solutions provider, stands out for its diverse portfolio and innovative approach to food and industrial ingredients. Established in 1906 as Corn Products Refining Co., the company underwent several transformations, ultimately rebranding as Ingredion in 2012 to reflect its expanded scope beyond corn refining. Today, headquartered in Westchester, Illinois, Ingredion operates in over 40 countries, supplying a wide array of ingredients derived from corn, tapioca, potatoes, and other raw materials. Its products are essential in various industries, including food and beverages, pharmaceuticals, and personal care.

 

Ingredion's success is largely driven by its commitment to innovation and customer-centric solutions. The company invests heavily in research and development, focusing on creating ingredients that meet the evolving needs of consumers and manufacturers. This includes developing clean-label ingredients, non-GMO products, and plant-based solutions that cater to current market trends and consumer preferences for healthier and more sustainable options. Ingredion's ability to anticipate and respond to these trends has solidified its reputation as a forward-thinking industry leader.

 

Sustainability is a core pillar of Ingredion's business strategy. The company is dedicated to minimizing its environmental impact through various initiatives aimed at reducing water usage, energy consumption, and greenhouse gas emissions. Ingredion also prioritizes sustainable sourcing practices, ensuring that its raw materials are responsibly sourced. This commitment to sustainability not only enhances the company's environmental stewardship but also aligns with the growing demand from consumers and clients for more eco-friendly products and practices.

 

In addition to its innovative and sustainable practices, Ingredion has strategically expanded its market presence through acquisitions and partnerships. Notable acquisitions include the purchase of Penford Corporation, a leader in specialty starches, and TIC Gums, a provider of advanced texture and stabilization solutions. These acquisitions have enabled Ingredion to broaden its product offerings and strengthen its position in key markets. Collaborations with other industry leaders and research institutions further bolster Ingredion's capabilities and market reach.

 



 

(12/04/24) $149.39
(12/05/24) $148.88
(12/05/24) (Qty.)268,244
(12/04/24) $146.99
(12/04/24) $149.84
(11/17/24) $137.80
(11/24/24) $150.00
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