Ingredion's Texture and Healthful Solutions Segment Should Generate Long-Term Profit Growth

Ingredion manufactures starches and sweeteners by wet milling and processing corn and other starch-based raw materials. The company steeps these raw materials in a water-based solution before separating the ingredients from co-products (animal feed and corn oil). Starches are the largest category, generating around 45% of revenue, followed by sweeteners at roughly 35% and co-products at 20%. The starches are then processed into starch and sweetener ingredients and are primarily used in the food and beverage industries.