Ingredion Inc. is an American food and beverage ingredient provider based in Westchester, Illinois,[3] producing mainly starches, non-GMO sweeteners, stevia, and pea protein.
During the 1920s, the company received a patent for crystalline dextrose, sold as Cerelose, opened refining operations in South America and Mexico, and began selling chocolate-flavored malt syrup Bosco.
During the 1960s, the company expanded into Chile, Pakistan and Malaysia, and began producing high-fructose corn syrup at the Argo plant.
In 1987, the company sold its starch factories in Europe for $600 million to the Italian French sugar manufacture Eridania Béghin-Say owned by Ferruzzi and renamed Cerestar.
[16] The Bestfoods division of the company known for brands Maizena, Knorr, Hellmann's / Best Foods mayonnaise and Skippy Peanut Butter existed as a division from 1958 until 1997 when CPC International renamed itself Bestfoods, focusing on packaged food products, and spun-off the corn-refining business into Corn Products International.
[17] In October 2010, CPI acquired National Starch from Dutch paints firm AkzoNobel for $1.3 billion in cash.
[23] In 2014, Ingredion opened 14 Idea Labs, a global network of innovation centers where scientists work directly with customers.
[25] In 2018 Ingredion began a joint venture with Verdient Foods to increase its investment in plant-based proteins and pulse-based flours.
[39] The company also began joint ventures with Grupo Arcor, providing food and beverage ingredients to customers in Argentina, Chile and Uruguay,[40] and Amyris, a Brazil-based manufacturer of fermentation-derived Reb M sweetener.
[47] Since its acquisition of PureCircle, Ingredion also produces plant-based stevia sweeteners and flavors for the food and beverage industry.
[48] In 2022, Ingredion was named to Fortune's "World's Most Admired Companies" list, ranking 2nd in the Food Production industry category.