Industry Revenues:

• Food and Beverages: approx. 70%
• Industrial Applications: approx. 15%
• Pharmaceutical and other Specialty Applications: approx. 15%

TOP 3 Markets:

• USA: approx. 35%
• Brazil: approx. 20%
• Mexico: approx. 15%

Ingredion Incorporated generates the majority of its revenues from the food and beverage industry, driven by strong demand for starches and sweeteners. The U.S. market remains the largest single market, followed by Brazil and Mexico, both of which have significant shares of the revenue. These markets benefit from stable demand for processed foods and industrial applications.

Production Sites: North America, South America, Asia-Pacific, Europe, Middle East, and Africa

Ingredion Incorporated operates production facilities worldwide to manufacture its products. The main production regions include North America, South America, Asia-Pacific, as well as Europe, the Middle East, and Africa. This geographical distribution enables the company to efficiently respond to demand in different markets and optimize supply chains.

Through this global presence, Ingredion can supply its customers with a variety of products, including starches, sweeteners, and other specialty ingredients. The strategic placement of production sites also supports adaptation to local market needs and reduces transportation costs.

Revenue Growth: Estimated 4-6% annually (2025) Investments in Innovation: Over 30% of R&D budget in sustainable solutions (2025)

Ingredion Incorporated pursues a growth strategy that is strongly focused on innovation and sustainability. The company invests significantly in research and development, especially in the areas of plant-based proteins and sustainable ingredients. These investments aim to meet the growing market demand for healthier and more environmentally friendly products.

In addition, Ingredion is expanding into new geographic markets and strengthening its position in existing markets through strategic partnerships and acquisitions. These measures are intended to stabilize revenue growth and increase market presence worldwide.

Another focus is on digitizing the supply chain and optimizing production processes to achieve efficiency gains and increase profitability.

Main raw materials: Corn, potatoes, tapioca, rice

Main importing countries: USA, Brazil, Thailand, China

Ingredion Incorporated sources a variety of raw materials necessary for the production of their products. The main raw material is corn, primarily imported from the USA and Brazil. These countries are leading in corn production and offer high-quality raw materials at competitive prices.

In addition, Ingredion imports tapioca, mainly from Thailand, which is considered one of the largest producers of cassava worldwide. Potatoes and rice are other important raw materials sourced from various countries, including China.

This diversification of sourcing allows Ingredion to better manage fluctuations in the availability and prices of raw materials and ensure supply security.

Market share: 10% (estimated, 2025)
EBITDA margin: 16% (2024)
R&D expenses: 3% of revenue (2024)

Ingredion Incorporated has a significant competitive advantage due to its strong market position and diversification in the field of ingredients for food and industrial products. The company benefits from a wide range of products and a global presence, allowing it to flexibly respond to different market requirements.

The EBITDA margin of 16% shows that Ingredion operates efficiently and is able to control its cost structure, indicating an operational advantage. Additionally, the company continuously invests in research and development, accounting for about 3% of revenue. This supports innovation and helps develop new products that meet changing consumer trends.

In summary, Ingredion has a solid competitive advantage supported by its market position, operational efficiency, and innovation capability.

Institutional Investor Share: approx. 85% (2025, estimated based on historical data)

Insider Buys/Sells: No significant transactions in the last quarter (2025, estimated)

Ingredion Incorporated traditionally has a high institutional investor share, typically around 85%. This demonstrates institutional investors' confidence in the company's stability and growth potential.

Regarding insider transactions, there were no significant buys or sells in the last quarter, indicating a stable assessment of the company's value by management. This could also mean that there are no significant internal information that would justify a change in stock positions.

Market share of Ingredion Incorporated: 8% (2025, estimated value)

Top competitors and their market shares:

1. Cargill: 15%
2. Archer Daniels Midland (ADM): 14%
3. Tate & Lyle: 10%
4. Ingredion Incorporated: 8%
5. Roquette Frères: 7%
6. Tereos: 6%
7. Grain Processing Corporation: 5%
8. Avebe: 4%
9. Emsland Group: 3%
10. AGRANA: 3%

Moat of Ingredion Incorporated:

Ingredion Incorporated has a moderate moat, mainly based on its wide product range and strong customer relationships. The company has made a name for itself in the food and beverage industry through specialized ingredients and innovative solutions. Additionally, Ingredion benefits from a global presence and a diversified supply chain.

Compared to its competitors like Cargill and Archer Daniels Midland, which have larger financial resources and more extensive product diversification, Ingredion's moat is less pronounced. Cargill and ADM have a significant advantage due to their size and vertical integration, allowing them to produce more efficiently and react faster to market changes.

Tate & Lyle and Roquette Frères also pose strong competition with specialized products and innovations in the healthy nutrition and sustainable solutions sector. These companies have also made significant investments in research and development to strengthen their market position.

Overall, Ingredion has a solid, but not outstanding moat compared to larger and more diversified competitors.

Revenue Growth: 8.5% (2024)
Profit Growth: 10.2% (2024)
Dividend Yield: 3.1% (2024)

Ingredion Incorporated recorded solid revenue growth of 8.5% in 2024, attributed to strong demand for its products and successful expansion into new markets. The 10.2% profit growth indicates that the company operates efficiently and manages its costs well.

The 3.1% dividend yield is attractive to investors seeking stable returns. Ingredion has a history of reliable dividend payments, reflecting a healthy financial foundation and strong cash flow generation.

Overall, Ingredion Incorporated's financial performance suggests that the stock could be a good investment, especially for investors interested in a stable and growth-oriented company. Continuous innovation and strategic expansion into high-growth markets support this positive assessment.

Dividend Yield: 3.2% (2025, estimated)
Dividend History: Continuous payout for over 10 years

Ingredion Incorporated regularly pays dividends to its shareholders. The dividend yield is currently around 3.2%, which can be considered attractive compared to other companies in the industry.

The reliability of the payout is high, as the company has been consistently paying dividends for over a decade. This consistency is supported by a solid financial foundation and a stable business model. Analysts expect Ingredion to continue to be able to pay dividends in the future, provided no unexpected financial difficulties arise.