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Ingredion in Ingredients

January 2021

Ingredion constantly expands its capabilities and expertise through acquisitions and investments in global companies, strengthening its performance and position in growth areas such as clean label and plant based. The growing demand for healthier products through clean labels has seen the group focus its speciality platforms on starch-based texturisers, clean and simple ingredients, plant-based proteins, sugar reduction/speciality sweeteners, and food systems.

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Overview:

Euromonitor International's report on Ingredion Inc delivers a detailed strategic analysis of the company's business, examining its performance in the Ingredients market and the global economy. Company and market share data provide a detailed look at the financial position of Ingredion Inc, while in-depth qualitative analysis will help you understand the brand strategy and growth prospects of Ingredion Inc.

This report examines:

  • Company share by region and sector
  • Brand portfolio
  • New product developments
  • Marketing and distribution strategies

A detailed SWPT analysis of Ingredion Inc provides strategic intelligence on:

  • Strengths and weaknesses
  • Category and country opportunities for growth
  • Challenges and threats from current competition and future prospects
  • Global and regional market positions

Research you can trust:

Euromonitor International's company profile reports are written by our Ingredients research team, a dedicated group of analysts that knows the industry inside and out. Buy this report to inform your planning, strategy, marketing, sales and competitor intelligence functions.

Scope of the Report

Scope

Strategic Evaluation

Key company facts
SWOT: Ingredion
Speciality ingredients see growing importance in company’s portfolio
Streamlining of portfolios shaped by the pandemic
North America continues to dominate and grows share
Ingredient solutions for food and beverages continue to be key
Food dominates, with regional variations thereafter
2020 outlook depends heavily on COVID-19
On-trend speciality ingredients shape expansion strategies
NPD meets consumers’ demands for clean and trusted labels

Competitive Situation

Competition grows as the company expands specialisation

Market Assessment

Ingredion’s portfolio is affected by the industry’s reformulations
Developing regions offer the best overall prospects through health claims
China continues to be the most important country for Ingredion
Packaged food focus given the huge opportunities still to come

Sweeteners

Corn-derived sweeteners: Dextrose continue to provide opportunities
Dextrose sees greatest growth potential over the forecast period
Corn-derived sweeteners: war against sugar affects performance
Corn-derived sweeteners: prospects in Asia met with regional expansion
Polyols: Maltitol poses the highest growth prospects for Ingredion
Polyols: North America drives sales but MEA has the greatest prospects
Polyols: Sorbitol humectants and maltitol syrup offer opportunities
High intensity sweeteners: soft drinks dominate but others have some potential
Stevia: expansion opportunity in Asia Pacific

Starches

Asia Pacific is largest for starches while MEA has greatest opportunities
Savoury snacks and meat substitutes supporting growth of starches
Diverse usage, but weak growth as companies pursue clean labels
Starch efforts should be focused on Asia Pacific region
Plant expansion to meet Asia Pacific growing demand potential

Others

Further focus on clean labels and healthier formulations
Health and wellness remains key development area for Ingredion
Natural and authentic clean remains as the focal point of Ingredion
Asia Pacific: the single largest regional market for plant-based products
Plant proteins to grow beyond soy protein
Gums and hydrocolloids: best growth in gellan gum and konjac

Operations

Localised expansion and innovation helps to achieve global targets
Ingredion: operations 2020

Recommendations

Expand coverage and innovation but focus on expertise
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