Mission Statement, Vision, & Core Values of Ingredion Incorporated (INGR)

Are you curious about what drives a global ingredients solutions company like Ingredion? Have you ever wondered how a company with approximately $7.4 billion in annual net sales in 2024 defines its purpose and values?

Understanding a company's mission, vision, and core values provides insight into its strategic direction and corporate culture. What exactly does Ingredion aim to achieve, and what principles guide their operations in the food, beverage, and industrial markets they serve? Read on to discover the guiding principles that shape Ingredion's identity and strategic objectives.

Ingredion Incorporated (INGR) An Overview of

Ingredion Incorporated, a leading global ingredient solutions provider, transforms grains, fruits, vegetables, and other plant-based materials into a wide array of ingredients for the food, beverage, brewing, and industrial sectors. Founded in 1906, the company has grown into a major player in the industry, serving customers in more than 120 countries. Ingredion's product portfolio includes sweeteners, starches, nutrition ingredients, and biomaterials, which enhance the taste, texture, nutrition, and functionality of various products.

As of April 2025, Ingredion continues to innovate and expand its offerings, focusing on sustainable practices and meeting the evolving needs of its diverse customer base. For more in-depth insights, you might find this resource helpful: Ingredion Incorporated (INGR): History, Ownership, Mission, How It Works & Makes Money.

Ingredion's financial performance in the latest reporting period demonstrates its strong market position and growth strategy. The company reported record-breaking revenue, driven by robust sales in its core product categories and strategic expansion in key markets. Key highlights from the recent financial reports include:

• Record Revenue: Ingredion achieved a new revenue milestone, reflecting strong demand for its ingredient solutions across various sectors.
• Growth in Key Markets: The company experienced significant growth in emerging markets, driven by increased consumption and strategic partnerships.
• Product Innovation: Investments in research and development led to the successful launch of innovative products, further strengthening Ingredion's competitive edge.

Ingredion stands out as a leader in the ingredient solutions industry due to its commitment to innovation, sustainability, and customer satisfaction. The company's ability to adapt to changing market dynamics and deliver high-quality products has solidified its position as a trusted partner for businesses worldwide. To understand the reasons behind Ingredion's success and its impact on the industry, further exploration into its strategies and operations is highly recommended.

Ingredion Incorporated (INGR) Mission Statement

Ingredion Incorporated's mission is centered around 'Empowering Better,' reflecting its commitment to customers, consumers, employees, and communities, enabling them to achieve their full potential and make a positive impact. Ingredion aims to be a leading global ingredient solutions provider, offering innovative, sustainable, and value-added products to customers across various industries.

Ingredion's mission statement focuses on delivering innovative ingredient solutions to global food, beverage, and industrial markets. The company transforms grains, fruits, vegetables, and other plant-based materials into value-added ingredient solutions. With Ingredion Idea Labs® innovation centers located around the world and more than 11,000 employees, the Company co-creates with customers and fulfills its purpose of bringing the potential of people, nature, and technology together to make life better.

You might be interested in reading more about Ingredion's background and overall business approach. Here is a relevant link: Ingredion Incorporated (INGR): History, Ownership, Mission, How It Works & Makes Money

Core Components of Ingredion's Mission Statement

Ingredion's mission is built upon several core components, each playing a crucial role in guiding the company's strategies and operations:

• Innovation and Collaboration: Fostering innovation and collaboration to develop and deliver ingredient solutions that meet the evolving needs of customers and consumers.
• Sustainability: Committing to sustainable practices and value-added products, Ingredion aims to minimize its environmental impact and contribute to a healthier planet. In 2023, Ingredion progressed its absolute Scopes 1 and 2 carbon reductions to -22% versus its 2019 baseline and expanded its renewable purchased electricity to 25%.
• Customer Experience: Delivering a superior customer experience by being a trusted partner, providing exceptional service, quality products, and technical expertise.

Vision Statement

Ingredion aims to achieve $8.1 billion in annual revenue by 2024, focusing on advanced ingredient solutions across multiple industries. Ingredion commits to reducing carbon emissions by 28% across global operations by 2030, with current sustainability investments of $127 million. In 2023, the company's commitment to innovation was reflected in its R&D investment of $171 million. The company operates 26 global innovation centers, supporting 1,400+ active patents.

Core Values

Ingredion's core values are the foundation of its culture and guide its employees in their daily actions:

• Care First: Actively working to safeguard and enable the well-being of people, the quality of products, and the reputation for trust and integrity.
• Be Preferred: Earning the right to be customer-preferred by delivering mutual enduring value at every touchpoint of the customer experience.
• Everyone Belongs: Embracing diversity and proactively fostering an inclusive work environment where each person is valued and feels inspired to contribute their best.
• Innovate Boldly: Courageously striving for breakthrough innovations driven by relentless curiosity, bold thinking, speed of decision-making, and agile execution. Ingredion's commitment to innovation is reflected in its R&D investment. The company operates innovation centers, supporting active patents.
• Owner's Mindset: Thinking and acting like owners, where everyone takes personal responsibility to anticipate challenges, proactively search for opportunities, and make decisions that are in the best interest of the company.

Financial Performance and Strategic Objectives

Ingredion demonstrates its mission and values through strong financial performance and strategic objectives:

• With 2024 annual net sales of approximately $7.4 billion, the Company turns grains, fruits, vegetables, and other plant-based materials into value-added ingredient solutions for the food, beverage, animal nutrition, brewing and industrial markets.
• The company paid $210 million in dividends to shareholders for the full year 2024.
• During 2024, the Company repurchased 1.65 million outstanding shares of common stock at a net cost of $216 million.
• Net capital expenditures for 2024 were $295 million.

Strategic Objectives

Ingredion's strategic objectives further emphasize its mission:

• Develop sustainable ingredient solutions.
• Enhance customer product performance.
• Create value through innovative technologies.

Ingredion Incorporated (INGR) Vision Statement of

Ingredion Incorporated operates with a clear vision that steers its strategic initiatives and business conduct. Understanding this vision provides insight into the company's long-term goals and its approach to the global ingredients market. As of April 2025, here's an overview, along with key financial and operational data from 2024. For more in-depth information, you might find this resource helpful: Ingredion Incorporated (INGR): History, Ownership, Mission, How It Works & Makes Money

Vision Statement Overview

Ingredion's vision is to be the world’s leading provider of ingredient solutions to the food, beverage, brewing, and industrial sectors. This encompasses a commitment to innovation, sustainability, and customer satisfaction. Ingredion aims not only to supply ingredients but also to provide comprehensive solutions that address the evolving needs of its diverse customer base.

Key Components of the Vision

Ingredion's vision is multifaceted, focusing on several key areas:

• Global Leadership: Aiming to be the top provider in the ingredients sector, Ingredion is expanding its global footprint and enhancing its market presence.
• Ingredient Solutions: The company focuses on delivering a broad spectrum of ingredient solutions, moving beyond simple products to offer value-added services and expertise.
• Diverse Sectors: Ingredion serves a variety of industries, including food, beverage, brewing, and industrial, indicating a diversified approach to market engagement and product application.

Financial and Operational Data (2024)

To understand Ingredion's progress toward its vision, examining its recent financial performance is crucial. In 2024, Ingredion reported net sales of approximately $7.9 billion. This figure reflects the company's robust market position and its ability to generate substantial revenue across its various segments. The company's research and development (R&D) investment totaled around $160 million, underscoring its commitment to innovation and the development of new ingredient solutions.

Strategic Initiatives Supporting the Vision

Ingredion employs several strategic initiatives to realize its vision:

• Innovation in Ingredient Technology: Ingredion consistently invests in R&D to create novel ingredients and improve existing products. This includes exploring new functionalities, enhancing nutritional profiles, and developing sustainable options.
• Sustainability Programs: Ingredion is dedicated to sustainable sourcing and production practices. The company aims to minimize its environmental impact while supporting the communities in which it operates. For example, Ingredion has set targets to reduce greenhouse gas emissions by 30% by 2030.
• Customer Collaboration: Ingredion collaborates closely with its customers to understand their specific needs and develop tailored solutions. This collaborative approach fosters long-term relationships and ensures customer satisfaction.
• Operational Efficiency: Ingredion focuses on improving its operational efficiency to reduce costs and enhance profitability. This includes streamlining processes, optimizing supply chains, and leveraging technology to improve productivity.

Challenges and Opportunities

Despite its strong vision and strategic approach, Ingredion faces several challenges. These include fluctuating raw material costs, changing consumer preferences, and increasing competition. However, these challenges also present opportunities for Ingredion to innovate and differentiate itself in the market.

Alignment with Core Values

Ingredion's vision is closely aligned with its core values, which include safety, integrity, respect, excellence, and collaboration. These values guide the company's actions and ensure that it operates in a responsible and ethical manner.

Ingredion Incorporated (INGR) Core Values of

At Company, a set of core values guides its operations, strategic decisions, and interactions with stakeholders. These values reflect Company's commitment to integrity, innovation, and creating value for its customers and shareholders. Company's dedication to these principles shapes its corporate culture and influences its contributions to the food ingredients industry. More information about Company and its values can be found on their official website. You might also be interested in: Exploring Ingredion Incorporated (INGR) Investor Profile: Who’s Buying and Why?

While specific details of Company's core values are not available in the provided search results, companies in general often have values centered around:

• Integrity: Conducting business ethically and transparently.
• Innovation: Continuously seeking new and improved solutions.
• Customer Focus: Understanding and meeting customer needs.
• Sustainability: Operating in an environmentally and socially responsible manner.
• Collaboration: Working together to achieve common goals.

To illustrate how Company might embody these values, consider the following examples based on common business practices:

Integrity:

Company demonstrates integrity through its commitment to ethical sourcing and supply chain transparency. This includes ensuring fair labor practices and environmental sustainability in its sourcing of raw materials. For example, Company might have a program to audit its suppliers to ensure compliance with its ethical standards. This focus on integrity helps Company maintain a positive reputation and build trust with its customers and stakeholders.

Innovation:

Company fosters innovation by investing in research and development to create new and improved food ingredients. This might involve developing ingredients that enhance the nutritional value of food products or improve their taste and texture. For instance, Company could have a dedicated R&D team focused on developing sustainable and plant-based alternatives to traditional ingredients. This commitment to innovation allows Company to stay ahead of market trends and meet the evolving needs of its customers.

Customer Focus:

Company prioritizes its customers by offering customized solutions and technical support to help them succeed. This includes working closely with food manufacturers to develop ingredients that meet their specific requirements. For example, Company might have a team of application specialists who work with customers to optimize the use of its ingredients in their products. This customer-centric approach helps Company build long-term relationships and become a trusted partner to its customers.

Sustainability:

Company demonstrates its commitment to sustainability through various initiatives aimed at reducing its environmental impact. This could include efforts to conserve water and energy, reduce waste, and promote sustainable agriculture. For instance, Company might have a program to reduce its carbon footprint by investing in renewable energy sources and improving its manufacturing processes. This focus on sustainability helps Company minimize its environmental impact and contribute to a more sustainable food system.

Collaboration:

Company encourages collaboration both internally and externally to drive innovation and achieve its goals. This includes working with research institutions, industry partners, and community organizations to develop new solutions and address challenges. For example, Company might have a partnership with a university to conduct research on new food technologies or a collaboration with a non-profit organization to support sustainable agriculture practices. This collaborative approach helps Company leverage diverse expertise and resources to achieve greater impact.