Ingredion (INGR) revenue breakdown

Consumer Defensive · Packaged Foods · Market cap $5.7B

By segment, T&HS is the largest at 35% of fiscal 2025 revenue, growing -1% a year over 3 years.

By region, U.S. Plans is the largest at 39% of fiscal 2025 revenue; Germany grew fastest, 6% a year over 4 years.

Revenue by segment

Fiscal years, as Ingredion reports them in its 10-K filings; fiscal 2025 total $6.9B.

Segments20182019202020212022202320242025Share
T&HS————$2.5B$2.6B$2.4B$2.4B 35%
F&II–LATAM————$2.6B$2.7B$2.5B$2.4B 34%
F&II–U.S./Canada————$2.3B$2.4B$2.2B$2.1B 31%
North America$3.9B$3.8B$3.7B$4.1B———— —
South America$988M$960M$919M$1.1B———— —
Asia- Pacific$837M$823M$813M$997M———— —
EMEA$607M$592M$593M$703M———— —

Revenue by region

Fiscal years, as Ingredion reports them in its 10-K filings; fiscal 2025 total $7.2B.

Regions20182019202020212022202320242025Share
U.S. Plans$2.4B$2.4B$2.3B$2.5B$3.0B$3.1B$2.9B$2.8B 39%
Mexico$1.1B$1.1B$984M$1.2B$1.4B$1.6B$1.5B$1.4B 19%
Others$1.7B$1.6B$1.6B$1.3B$1.4B$1.3B$986M$982M 14%
Brazil$478M$479M$447M$586M$720M$669M$584M$572M 8%
Canada$404M$390M$393M$459M$512M$548M$527M$495M 7%
Germany———$309M$342M$413M$385M$384M 5%
Colombia———$260M$333M$332M$310M$324M 4%
Thailand————$257M$259M$265M$255M 4%
South Korea$296M$270M$268M$323M———— —
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Questions

Where does Ingredion make its money?

In fiscal 2025, by segment: T&HS $2.4B, F&II–LATAM $2.4B, F&II–U.S./Canada $2.1B.

From Ingredion's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.