Ingredion

Food Stabilizers Market to surpass $4.5 Bn by 2032, Says Global Market Insights Inc.

Retrieved on: 
Wednesday, March 6, 2024

The food stabilizers market valuation is projected to reach USD 4.5 billion by 2032, as reported in a research study by Global Market Insights Inc.

Key Points: 
  • The food stabilizers market valuation is projected to reach USD 4.5 billion by 2032, as reported in a research study by Global Market Insights Inc.
  • The emerging trend of enhancing food aesthetics and quality through stabilizers will also drive the market growth.
  • Plant-based food stabilizers market will capture a significant CAGR up to 2032, owing to the growing consumer preference for natural and sustainable ingredients.
  • The thriving food & beverage industry coupled with the increasing consumption of processed and convenience foods in the region is driving the demand for food stabilizers.

Ingredion to Present at CAGNY 2024 Conference

Retrieved on: 
Wednesday, February 7, 2024

WESTCHESTER, Ill., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced that Jim Zallie , president and chief executive officer, James Gray , executive vice president and chief financial officer, and Rob Ritchie , senior vice president, food & industrial ingredients, U.S./Canada & LATAM, will present at the Consumer Analyst Group of New York ( CAGNY ) annual conference in Boca Raton, Fla., on Wednesday, Feb. 21, 2024, at 4 p.m.

Key Points: 
  • WESTCHESTER, Ill., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced that Jim Zallie , president and chief executive officer, James Gray , executive vice president and chief financial officer, and Rob Ritchie , senior vice president, food & industrial ingredients, U.S./Canada & LATAM, will present at the Consumer Analyst Group of New York ( CAGNY ) annual conference in Boca Raton, Fla., on Wednesday, Feb. 21, 2024, at 4 p.m.
  • ET.
  • Interested participants may listen to the webcast and access the presentation slides on the Company's website under " Events and Presentations ."
  • A replay of the presentation and accompanying slides will be available on the Company’s website shortly after the webcast.

Ingredion Completes Sale of Business in South Korea

Retrieved on: 
Thursday, February 1, 2024

WESTCHESTER, Ill., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced that it has completed the sale of its business in South Korea to an affiliate of the Sajo Group, a leading food company headquartered in Seoul, South Korea, for approximately USD $294 million, with $247 million, net of transaction costs, received on February 1, 2024, and the remainder to be received over the next three years.

Key Points: 
  • WESTCHESTER, Ill., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced that it has completed the sale of its business in South Korea to an affiliate of the Sajo Group, a leading food company headquartered in Seoul, South Korea, for approximately USD $294 million, with $247 million, net of transaction costs, received on February 1, 2024, and the remainder to be received over the next three years.
  • The transaction was announced on November 13, 2023.
  • For the full-year 2023, Ingredion’s business in South Korea delivered net sales of $325 million (unaudited).
  • “The sale of our business in South Korea is an important step for Ingredion as we reshape our portfolio to unlock value and redeploy assets to create value for shareholders,” said Jim Zallie , Ingredion’s president and chief executive officer.

Ingredion Named One of Fortune Magazine’s World’s Most Admired Companies for 14th Year

Retrieved on: 
Wednesday, January 31, 2024

WESTCHESTER, Ill., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced that it has been named one of the "World's Most Admired Companies" by Fortune magazine.

Key Points: 
  • WESTCHESTER, Ill., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced that it has been named one of the "World's Most Admired Companies" by Fortune magazine.
  • This marks the 14th year that the Company has been included on the list, which includes the most respected and reputable companies around the world, as ranked by peers within their respective industries.
  • "Ingredion is incredibly honored to be recognized by Fortune as one of the world’s most admired companies," said Jim Zallie , Ingredion's president and CEO.
  • The "World's Most Admired Companies" list is the definitive report card on corporate reputation developed by Fortune and Korn Ferry.

$250+ Billion Specialty Food Ingredients Market: Analysis by Type, Source, Application - Global Forecast to 2030 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 17, 2024

The "Specialty Food Ingredients Market by Type, Source, Application - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Specialty Food Ingredients Market by Type, Source, Application - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The global specialty food ingredients market is projected to reach $250.44 billion by 2030, at a CAGR of 5.6% during the forecast period of 2023-2030.
  • Moreover, the growing demand for natural, organic, and clean-label ingredients is a prominent trend in the specialty food ingredients market.
  • In 2023, the food segment is expected to account for a larger share of the global specialty food ingredients market.

World Specialty Food Ingredients Market Report 2023-2030: Demand for Natural, Organic, and Clean-Label Ingredients Gaining Momentum in the Multi-Billion Burgeoning Industry

Retrieved on: 
Friday, January 19, 2024

The growth of the specialty food ingredients market is driven by the consumers' changing preferences, driving the demand for specialty ingredients in the food & beverage sector, growing health consciousness among consumers, the growing adoption of convenience foods, and increasing partnerships and distribution agreements among specialty food ingredients manufacturers.

Key Points: 
  • The growth of the specialty food ingredients market is driven by the consumers' changing preferences, driving the demand for specialty ingredients in the food & beverage sector, growing health consciousness among consumers, the growing adoption of convenience foods, and increasing partnerships and distribution agreements among specialty food ingredients manufacturers.
  • However, specialty food ingredients' short shelf life and low stability hamper the growth of this market to some extent.
  • Moreover, the growing demand for natural, organic, and clean-label ingredients is a prominent trend in the specialty food ingredients market.
  • In 2023, the food segment is expected to account for a larger share of the global specialty food ingredients market.

Ingredion Partners with Better Juice to Offer Sugar Reduction Solutions

Retrieved on: 
Wednesday, January 17, 2024

REHOVOT, Israel, Jan. 17, 2024 /PRNewswire/ -- FoodTech start-up Better Juice, Ltd., today announced its collaboration with Ingredion, Inc. (NYSE: INGR), a leading global provider of specialty ingredients to the food and beverage industry. Ingredion Ventures, Ingredion's venture investment arm, will lead the Series A funding round for Better Juice which will fast-track penetration of its breakthrough sugar reduction solution into the US juice market.

Key Points: 
  • Ingredion Ventures, Ingredion's venture investment arm, will lead the Series A funding round for Better Juice which will fast-track penetration of its breakthrough sugar reduction solution into the US juice market.
  • Better Juice's innovative sugar reduction technology removes simple sugars in juice-based beverages, concentrates and other natural sugar-containing liquids.
  • "The Better Juice technology adds a completely new dimension to our portfolio of sugar reduction solutions for food and beverage brands on a mission to meet increased consumer demand for less sugar," says Nate Yates, Sugar Reduction Business Leader at Ingredion.
  • Better Juice is now fully prepped for market entry, with a capacity to process 250 million liters of sugar reduced juice per year.

Ingredion to Release 2023 Fourth Quarter and Year-End Financial Results on Feb. 6, 2024

Retrieved on: 
Tuesday, January 16, 2024

WESTCHESTER, Ill., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food manufacturing industry, will release its 2023 fourth quarter and year-end financial results for the period ended Dec. 31, 2023, before the market opens on Tuesday, Feb. 6, 2024.

Key Points: 
  • WESTCHESTER, Ill., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food manufacturing industry, will release its 2023 fourth quarter and year-end financial results for the period ended Dec. 31, 2023, before the market opens on Tuesday, Feb. 6, 2024.
  • Jim Zallie , president and chief executive officer, and Jim Gray , executive vice president and chief financial officer, will host a conference call on Feb. 6 at 8 a.m. CT to discuss the Company's financial performance.
  • The conference call and accompanying slide presentation will be webcast live at https://ir.ingredionincorporated.com/events-and-presentations .
  • Participants are encouraged to log on to the webcast approximately 10 minutes before the start of the presentation.

Ingredion Incorporated Declares Quarterly Dividend of $0.78 Per Share

Retrieved on: 
Tuesday, December 12, 2023

WESTCHESTER, Ill., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Today, the board of directors of Ingredion Incorporated (NYSE: INGR) declared a quarterly dividend of $0.78 per share on the Company’s common stock.

Key Points: 
  • WESTCHESTER, Ill., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Today, the board of directors of Ingredion Incorporated (NYSE: INGR) declared a quarterly dividend of $0.78 per share on the Company’s common stock.
  • The dividend is payable on January 23, 2024, to stockholders of record at the close of business on January 2, 2024.

Ingredion Earns Top Score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index

Retrieved on: 
Friday, December 1, 2023

WESTCHESTER, Ill., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced its receipt of the Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion by the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index (CEI), designating it as a top scorer.

Key Points: 
  • WESTCHESTER, Ill., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced its receipt of the Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion by the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index (CEI), designating it as a top scorer.
  • "We are proud and honored to be named an Equality 100 Award recipient and included on the Human Rights Campaign's Corporate Equality Index for 2023-2024," said Nancy Wolfe, senior vice president and chief human resources officer at Ingredion.
  • "At Ingredion, we are guided by our values, which at the core involve cultivating an inclusive and diverse work environment that celebrates and respects each employee.
  • The CEI rates companies on detailed criteria falling under four central pillars:
    Non-discrimination policies across business entities;
    Equitable benefits for LGBTQ+ workers and their families;