The Top 10 Food and Drinks Ingredient Companies: Emerging opportunities, growth strategies and innovation in the leading players

SUMMARY

New trends in innovation and NPD are emerging in the global food and drinks ingredients industry. The key trend of healthy ingredients is focusing on themes including weight management and functional food and drinks and the leading players have also identified new opportunities in areas from biotechnology to bio-fuel production. ‘The Top 10 Food and Drinks Ingredients Companies: Emerging opportunities, growth strategies and innovation in the leading players’ is a new report published by Business Insights that analyzes the innovation and growth strategies of the top 10 players in the ingredients industry. This report identifies the product areas that the top 10 players are seeking to develop and also highlights the respective markets where each individual company is looking to grow. It also examines the comparative strengths, weaknesses, opportunities and threats facing the world's leading ingredients companies. Assess the food and drinks ingredients market competitive landscape and benchmark the performance and strategies of its leading players with this new report.

TABLE OF CONTENTS

Executive Summary

• Market development
• Kerry
• Tate & Lyle
• DSM
• CSM
• Corn Products International
• Ajinomoto
• Danisco
• Südzucker
• BASF
• Archer Daniels Midland Company
• Conclusions

Chapter 1 Report introduction

• Introduction
• Methodology

Chapter 2 Market development

• Summary
• Introduction
• Weight management
• Functional ingredients and personalized nutrition
• Conclusion

Chapter 3 Kerry Group

• Summary
• Company information
• History
• Recent financial performance
  • Acquisitions and divestments
• Market positioning
  • Bio-Sciences
  • Flavors
  • Other ingredients
• Strategies for growth
• Innovation and NPD
  • The future of Kerry
• SWOT Analysis
  • Strengths
  • Weaknesses
  • Opportunities
  • Threats

Chapter 4 Tate & Lyle

• Summary
• Company information
• History
• Recent performance
  • Acquisitions and divestments
• Market positioning
  • Non-calorific sweeteners
  • Starch
  • Other ingredients and products
  • Geographic market position
• Strategies for growth
  • Strong growth of existing product line
  • Growth from new products
• Innovation and NPD
  • Traditional research areas
  • Emerging research areas
  • The future of Tate & Lyle
• SWOT analysis
  • Strengths
  • Weaknesses
  • Opportunities
  • Threats

Chapter 5 DSM

• Summary
• Company information
• History
• Recent performance
  • Acquisitions and divestments
• Market positioning
  • Vitamins
  • Enzymes
  • Other food ingredients
• Strategies for growth
• Innovation and NPD
  • Nutritional Products
  • The future of DSM
• SWOT analysis
  • Strengths
  • Weaknesses
  • Opportunities
  • Threats

Chapter 6 CSM

• Summary
• Company information
• History
• Recent performance
  • Acquisitions and divestments
• Market positioning
  • CSM Bakery Supplies Europe
  • CSM Bakery Supplies North America
  • PURAC
• Strategies for growth
• Innovation and NPD
  • Healthy food ingredients
  • PURAC
  • The future of CSM
• SWOT analysis
  • Strengths
  • Weaknesses
  • Opportunities
  • Threats

Chapter 7 Corn Products International

• Summary
• Company information
• History
• Recent performance
  • Acquisitions and divestments
• Market positioning
  • North America
  • South America
  • Asia and Africa
• Strategies for growth
• Innovation and NPD
  • The future of Corn Products International
• SWOT analysis
  • Strengths
  • Weaknesses
  • Opportunities
  • Threats

Chapter 8 Ajinomoto

• Summary
• Company information
• History
• Recent performance
  • Acquisitions and divestments
• Market positioning
  • Amino Acids
  • Geographic market position
• Strategies for growth
• Innovation and NPD
  • Health and nutrition
  • The future of Ajinomoto
• SWOT analysis
  • Strengths
  • Weaknesses
  • Opportunities
  • Threats

Chapter 9 Danisco

• Summary
• Company information
• History
• Recent performance
  • Acquisitions and divestments
• Market positioning
  • Bioingredients
  • Texturants and Sweeteners
  • Flavors
• Strategies for growth
• Innovation and NPD
  • Traditional research areas
  • Emerging research areas
  • The future of Danisco
• SWOT analysis
  • Strengths
  • Weaknesses
  • Opportunities
  • Threats

Chapter 10 Südzucker

• Summary
• Company information
• History
• Recent performance
  • Acquisitions and divestments
• Market positioning
  • Functional food and sweeteners
• Strategies for growth
  • Sugar
  • Bioethanol
  • Fruits
• Innovation and NPD
  • The future of Südzucker
• SWOT analysis
  • Strengths
  • Weaknesses
  • Opportunities
  • Threats

Chapter 11 BASF

• Summary
• Company information
• History
• Recent performance
  • Acquisitions and divestments
• Market positioning
  • Vitamins
• Strategies for growth
  • Growth through increased product offerings and new product areas
  • Growth through increased geographical market presence
• Innovation and NPD
  • The future of BASF
• SWOT analysis
  • Strengths
  • Weaknesses
  • Opportunities
  • Threats

Chapter 12 Archer Daniels Midland Company

• Summary
• Company information
• History
• Recent performance
  • Acquisitions and divestments
• Market positioning
  • Acidulants
  • Baking aids and mixes
  • Cocoa and chocolate
  • Emulsifiers, texturants and stabilizers
  • Nutritional ingredients
  • Oils and fats
  • Protein products
  • Sweeteners
• Strategies for growth
• Innovation and NPD
  • The future of ADM
• SWOT analysis
  • Strengths
  • Weaknesses
  • Opportunities
  • Threats

Chapter 13 Companies ranked 11 to 20

• Cargill
  • Company information
  • Recent financial performance
  • Market positioning and NPD
• Royal Cosun Group
  • Cooperative information
  • Recent financial performance
  • Market positioning and NPD
• Givaudan
  • Company information
  • Recent financial performance
  • Market positioning and NPD
• Associated British Foods
  • Company information
  • Recent financial performance
  • Market positioning and NPD
• McCormick & Company
  • Company information
  • Recent financial performance
  • Market positioning and NPD
• Arla Foods
  • Company information
  • Recent financial performance
  • Market positioning and NPD
• International Flavors & Fragrances Inc.
  • Company information
  • Recent financial performance
  • Market positioning and NPD
• DuPont
  • Company information
  • Recent financial performance
  • Market positioning and NPD
• Imperial Chemical Industries
  • Company information
  • Recent financial performance
  • Market positioning and NPD
• AarhusKarlshamn AB
  • Company information
  • Recent financial performance
  • Market positioning and NPD

Chapter 14 Conclusions

• Summary
• Introduction
• Increased R&D spending
• Diversification through ethanol, biodegradable plastics and biotechnology
• Asia as an emerging market and manufacturing location
• Mergers and acquisitions
• Relative strengths and weaknesses
• Outlook
• Index

List of Figures

• Figure 2.1: Increased media coverage on obesity
• Figure 2.2: POSI Food
• Figure 3.3: Kerry financial performance, €bn, 2002-05
• Figure 3.4: Ultranor HT10 used as an ingredient
• Figure 3.5: Kerry SWOT analysis
• Figure 4.6: Tate & Lyle financial performance, £bn, 2003-06
• Figure 4.7: Tate & Lyle starch market shares, Europe and North America, 2006
• Figure 4.8: Tate & Lyle R&D spend, 2005-06
• Figure 4.9: Bio-PDO addressable market, $bn, 2006
• Figure 4.10: Bio-PDO existing applications
• Figure 4.11: Bio-PDO potential markets
• Figure 4.12: Tate & Lyle SWOT analysis
• Figure 5.13: DSM financial performance, €bn, 2002-2005
• Figure 5.14: Focus on innovation in Vision 2010 program
• Figure 5.15: Target of €1bn in sales from innovation by 2010
• Figure 5.16: Product lifecycle for nutritional products
• Figure 5.17: Fabuless
• Figure 5.18: New business development in Nutritional Products
• Figure 5.19: DSM SWOT analysis
• Figure 6.20: CSM financial performance, €bn, 2002-2005
• Figure 6.21: Dietor
• Figure 6.22: CSM SWOT analysis
• Figure 7.23: Corn Products International financial performance, $bn, 2002-2005
• Figure 7.24: Mission and Pathways
• Figure 7.25: Mission and Pathways, by sector
• Figure 7.26: Expansion Focus - Asia and Africa
• Figure 7.27: Expandex
• Figure 7.28: Corn Products International SWOT analysis
• Figure 8.29: Ajinomoto financial performance, JPYbn, 2003-2006
• Figure 8.30: R&D expenditures by business segment, (\ bn), 2005-06
• Figure 8.31: Number of patents held (2001-2005)
• Figure 8.32: Glyna
• Figure 8.33: CH-19 Sweet chili pepper
• Figure 8.34: CAL VITAL
• Figure 8.35: Ajinomoto SWOT analysis
• Figure 9.36: Danisco financial performance, DKKbn, 2003-2006
• Figure 9.37: Patent portfolio, 2002-2005
• Figure 9.38: Hot Cook Conventional Process
• Figure 9.39: No-Cook Process
• Figure 9.40: Danisco SWOT analysis
• Figure 10.41: Südzucker financial performance, €m, 2003-2006
• Figure 10.42: Südzucker SWOT analysis
• Figure 11.43: BASF financial performance, €bn, 2002-2005
• Figure 11.44: 2006-08 R&D spend on key growth areas, €m
• Figure 11.45: Global and Asian non-pharma chemical demand, 2004-2015
• Figure 11.46: BASF innovation spend, 2005
• Figure 11.47: Personalized nutrition- levels of complexity
• Figure 11.48: BASF SWOT analysis
• Figure 12.49: ADM financial performance, $bn, 2003-2006
• Figure 12.50: Growth potential in bioenergy
• Figure 12.51: Growth opportunities arising from better diets
• Figure 12.52: NovaLipid
• Figure 12.53: ADM SWOT analysis
• Figure 14.54: US ethanol demand, 2002-05
• Figure 14.55: Analysis of the leading food and drinks ingredients companies
• Figure 14.56: Analysis of the leading food and drinks ingredients companies

List of Tables

• Table 1.1: Top 10 rankings according to ingredients revenue, ($m), 2006
• Table 3.2: Kerry financial performance, €m, 2002-05
• Table 3.3: Kerry business segment revenues, €m, 2003-2005
• Table 3.4: Kerry geographical revenues, €m, 2002-05
• Table 4.5: Tate & Lyle financial performance, £m, 2003-06
• Table 4.6: Tate & Lyle business segment revenues, £m, 2005-06
• Table 4.7: Tate & Lyle geographical revenues, £m, 2003-06
• Table 5.8: DSM financial performance, €m, 2002-2005
• Table 5.9: DSM business segment revenues, €m, 2002-2005
• Table 5.10: DSM geographical revenues, %, 2002-2005
• Table 6.11: CSM financial performance, €m, 2002-2005
• Table 6.12: CSM business segment revenues, €m, 2002-2005
• Table 6.13: CSM geographical revenues, €m, 2002-2005
• Table 6.14: CSM R&D expenditures by business segment, €m, 2004-2005
• Table 7.15: Corn Products International financial performance, $m, 2002-2005
• Table 7.16: Corn Products International business segment revenues, %, 2003-2005
• Table 7.17: Corn Products International geographical revenues, $m, 2002-2005
• Table 8.18: Ajinomoto financial performance, JPYm, 2003-2006
• Table 8.19: Ajinomoto business segment revenues, JPYm, 2003-2006
• Table 8.20: Ajinomoto geographical revenues, JPYm, 2003-2006
• Table 8.21: Ajinomoto ingredients (Amino Acids) geographical revenues, JPYm, 2005-2006
• Table 9.22: Danisco financial performance, DKKm, 2003-2006
• Table 9.23: Danisco business segment revenues, DKKm, 2003-2006
• Table 9.24: Danisco geographical revenues, DKKm, 2003-2006
• Table 9.25: Danisco ingredients business geographical revenues, %, 2005-06
• Table 9.26: Danisco ingredients business financial goals
• Table 10.27: Südzucker financial performance, €m, 2003-2006
• Table 10.28: Südzucker business segment revenues, €m, 2003-2006
• Table 10.29: Südzucker geographical revenues, €m, 2003-2006
• Table 11.30: BASF financial performance, €m, 2002-2005
• Table 11.31: BASF business segment revenues, €m, 2002-2005
• Table 11.32: BASF geographical revenues, €m, 2002-2005
• Table 12.33: ADM financial performance, $m, 2003-2006
• Table 12.34: ADM business segment revenues, $m, 2003-2006
• Table 12.35: ADM geographical revenues, $m, 2003-2006
• Table 14.36: Companies ranked by total R&D expenditure, $m, 2005
• Table 14.37: Companies ranked by total R&D expenditure as a percentage of total revenue, %,