Ingredion

1. Competition: The food ingredients industry is highly competitive and Ingredion faces competition from large established players such as Archer Daniels Midland, Cargill, and Tate & Lyle. This means it may not be able to increase prices and retain customers, or gain market share.

2. Regulatory Risk: Ingredion is subject to various federal, state, and local laws and regulations, including food safety regulations. Noncompliance with these regulations could lead to fines or other sanctions.

3. Weather Risks: Ingredion is subject to the risks of natural weather events, pests, and disease. Unfavorable weather conditions may damage crops, increase manufacturing costs, or otherwise disrupt operations.

4. Supply Chain Risk: Ingredion is dependent on suppliers for certain raw materials and ingredients. Disruption of the supply chain or a failure to find suitable vendors could lead to higher costs or delayed product delivery.

5. Political and Economic Risk: Ingredion operates globally and is exposed to market conditions and exchange rate fluctuations in different countries. Political and economic uncertainty in a particular country may increase costs or the risk of nonpayment.