date:Feb 22, 2019
In 2015, specialty ingredients, which include ingredient formats derived from corn, potato, rice, tapioca, stevia, etc., accounted for 25% of sales for Ingredion, Inc., Westchester, Ill. Today, the portfolio of ingredients makes up 29% of sales, which were $5,841 million in fiscal 2018, and management has set a target to grow specialty ingredient sales to a range of 33% to 36% by 2022. Such growth will require capitalizing on many of the trends driving change in the food and beverage category.