“Strategic Diversification: Innophos Targets Growth in Nutrition and Functional Foods Market”
Innophos has concentrated on high-margin specialty grade phosphates for processed meats, baked goods, dairy, and beverages. However, it has largely avoided expansion into commoditized markets such as fertilizers and detergents. As a result, a significant portion of its sales comes from sectors where it ranks as the largest or second-largest player. According to a Seeking … Read more