Company profile

Future of Ingredion

#
Rank
600
| Quantumrun Global 1000

Ingredion Incorporated (previously known as Corn Products International, Inc) is an ingredient solutions provider based in Westchester, Illinois. It turns tapioca, potatoes, corn, and other fruits and vegetables into ingredients for the beverage, brewing, food, and pharmaceutical industries and numerous industrial sectors.

Home Country:
Sector:
Industry:
Food Production
Website:
Founded:
1906
Global employee count:
11000
Domestic employee count:
2600
Number of domestic locations:
19

Financial Health

Revenue:
$5704000000 USD
3y average revenue:
$5664333333 USD
Operating expenses:
$579000000 USD
3y average expenses:
$553000000 USD
Funds in reserve:
$512000000 USD
Market country
Revenue from country
0.60

Asset Performance

  1. Product/Service/Dept. name
    Food
    Product/Service revenue
    2966080000
  2. Product/Service/Dept. name
    Beverage
    Product/Service revenue
    627440000
  3. Product/Service/Dept. name
    Animal nutrition
    Product/Service revenue
    570400000

Innovation assets and Pipeline

Investment into R&D:
$41000000 USD

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the food, beverages and tobacco sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, by 2050, the world’s population will balloon far past nine billion people; feeding that many people will keep the food and beverage industry growing into the foreseeable future. However, providing the food necessary to feed that many people is beyond the world’s current capacity, especially if all nine billion demand a Western-style diet.

*Meanwhile, climate change will continue to push global temperatures upward, eventually far beyond the optimal growing temperatures/climate of the world’s staple plants, like wheat and rice—a scenario that can endanger the food security of billions.

*As a result of the two factors above, this sector will collaborate with the top names in agribusiness to create novel GMO plants and animals that grow faster, are climate resistant, are more nutritious, and can ultimately produce far greater yields.

*By the late 2020s, venture capital will begin investing heavily in vertical and underground farms (and aquaculture fisheries) that are located close to urban centers. These projects will be the future of ‘buying local' and have the potential to significantly increase the food supply to support the world's future population.

*The early 2030s will see the in-vitro meat industry mature, particularly when they can grow lab-grown meat at a price less than naturally raised meat. The resulting product will eventually be cheaper to produce, far less energy intensive and damaging to the environment, and will produce significantly safer and more nutritious meats/protein.

*The early 2030s will also see food substitutes/alternatives become a booming industry. This will include a larger and cheaper range plant-based meat substitutes, algae-based food, soylent-type, drinkable meal replacements, and high protein, insect-based foods.

COMPANY’S FUTURE PROSPECTS

Company Headlines