Comparing the current results to its competitors, Ingredion Incorporated reported Revenue increase in the 2 quarter 2026 by 0.93 % year on year. The revenue growth was below Ingredion Incorporated's competitors' average revenue growth of 4.79 %, achieved in the same quarter.
Ingredion Incorporated's Comment on Competition and Industry Peers
The company's products compete with alternatives made from different raw materials, such as cane and beet sugar products competing with high fructose corn syrup and monohydrate dextrose. Its co-products, including corn oil and gluten meal, compete with products from the corn dry milling industry as well as soybean oil, soybean meal, and other related products. The starch and sweetener industry in the U.S. and Canada is highly competitive, with competition based on product functionality, price, and quality. Key competitors in the F&II–U.S./Canada segment include ADM, Cargill, and Primient. Additionally, the company faces competition in sweeteners and starches from its Pakistan business, PureCircle's stevia sales, the Sugar Reduction business's other sweeteners, and the Protein Fortification business's pea protein products. Pricing fluctuates due to the competitive nature of the industry and the availability of substitute products.
With modest revenue growth of 0.93 % within Overall company, Ingredion Incorporated failed to increase sales with the same pace, like most of company's peers within this division. << More on INGR Market Share.
*Market share is calculated based on total revenue.
November 15, 2024
In a significant move towards enhancing its global presence in the plant-based protein market, Ingredion Incorporated has announced a strategic partnership with Lantmännen, a leading agricultural cooperative in Sweden. This collaboration aims to accelerate the development of sustainable plant-based proteins, signaling a robust response to the growing demand for alternative protein sources in the food industry.While Ingredion s shares have shown a mixed performance this month, trailing behind overall market trends, the company s recent initiatives suggest a forward-thinking approach. Despite the fluctuations, Ingredion s stock has outperformed that of its suppliers, demonstrating resilience in a challenging ...
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Sources:
Ingredion Incorporated’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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