William Reed – the publisher of award-winning B2B brands including FoodNavigator and NutraIngredients - has acquired a majority stake in agri-food summit organizer Rethink Events.
Mondelēz International has announced net revenues grew 8.1% year-on-year in the third quarter this year, driven by stronger pricing and volume. The Chicago-headquartered company also raised its full-year results forecasts and announced more price hikes...
The Mexican bread titan reported record sales and profits for Q3 2022, along with the acquisition of the UK bakery manufacturer, in a deal thought to be worth more than £300m.
Sustainability has rapidly evolved from a check box exercise for many food companies to something that impacts decision making throughout the supply chain. But how are firms measuring sustainability, how reliable is industry data in this respect, and...
Will a large percentage of flavors, colors and sweeteners be made in bioreactors by 2050 or are the costs and challenges associated with precision fermentation technology such that it only makes sense to produce a handful of high-value ingredients in...
CSM Ingredients is entering Latin America through a strategic partnership with Chilean player ICB. FoodNavigator catches up with CSM CEO Aldo Uva to learn more about how this expansion positions the European supplier for further growth.
The Mexican bakery giant reported a doubled second-quarter net profit and raised its sales and operating earnings outlook, citing strong demand from regions including the US and Europe.
JBS has set targets to stamp out deforestation in its supply chain and move to net zero emissions by 2040. Former World Wildlife Fund (WWF) sustainability expert Maurício S. Bauer tells us why he has decided to transition from the NGO sector and join...
Natural color supplier Oterra continues its shopping spree as it strives to become a leading force in the highly fragmented food color segment with the acquisitions of Food Ingredient Solutions and Diana Foods – both of which expand its global footprint.
Chilean firm Benexia has made big strides in moving toward becoming a supplier of chia-based ingredients as opposed to being purely a purveyor of the seed itself.
ADM connects crops to market, processing agricultural commodities for human and animal health. We caught up with Alison Taylor, the company’s Chief Sustainability Officer, to learn how this unique position in the supply chain, coupled with ADM’s global...
The Swiss-Irish group continues to simplify its business model with the sale of its Brazilian operations to Grupo Bimbo SAB de CV. Its aim to rebuild as a bakery leader in Europe and Asia has also been given a boost with a new €500m revolving credit facility.
The alarming UN climate change report was put out over a week ago, but UN Secretary General Antonio Guterres’ “code red for humanity” message still haunts many as humans continue to cause much of the extreme weather by emitting greenhouse gases.
The Mexican bakery giant posted new highs for the second quarter – with a 16.2% increase in sales and adjusted EBITDA growing nearly 37% – as it motivated to revitalise those channels and categories that suffered during the pandemic.
Building on a global coffee alliance formed in 2018, Nestlé and Starbucks have announced a new collaboration to bring Starbucks RTD coffee drinks to select markets in Southeast Asia, Oceania and Latin America from 2022.
Coca-Cola’s Topo Chico Hard Seltzer has entered a buzzing – but also competitive – hard seltzer market. What has the company learned from its first months in the US and other markets? And with the brand representing Coca-Cola’s first global push into...
Royal DSM, a global science-based company active in nutrition, health and sustainable living, has announced the extension of its Dairy Safe cheese biopreservation portfolio, with a selection of new phage-robust culture rotations.
Exploring unique food pairings offers food brands the chance to tap into consumer desire to improve immunity via functional food, according to a report.
FrieslandCampina Food & Beverages is leveraging its expertise in spray-dry powders to bring plant-based innovation to the bakery and desserts market. FoodNavigator hears how the group is building on the heritage of Kievit.
Once confined to dietary supplements and herbal teas, botanicals from ashwagandha to ginseng are springing up in a growing number of ready-to-drink beverages and snacks as brands seek to imbue their wares with functionality and an air of sophistication....
The Dominican Republic National Chocolate Festival has announced winners of its first chocolate competition, which attracted over 40 entries in three categories: milk chocolate, dark chocolate, and experimental chocolate.
Orbital Insight’s technology will combine satellite images of Indonesia and Brazil with geolocation data to provide specific information on ‘the first mile’ – the journey that palm oil fruit or soybeans travel from the plantation to a mill. “With a clearer...
From the Mexican bakery delivering cook-it-yourself experiences to nutrition apps advising the healthiest meal plans during quarantine, Latin American start-ups and SMEs are adapting their business models to survive the coronavirus crisis.
Chile's Algramo sells branded goods in reusable packaging, saving money for manufacturers - such as Nestlé and Unilever - and reducing plastic waste. “We keep packaging in the economy and out of the environment,” it says.
Businesses across the country are adapting with lightning speed to adjust business plans, and in some cases, change their business model overnight, in order to adapt and survive as large swathes of the population go into lockdown.
Brazil's Marfrig pledges to keep all its meat plants operating; Mercado Libre cuts commission for non-perishable food products; Ambev brewery is now producing alcohol gel. We take a look at how the food industry is responding to the coronavirus outbreak...
A Brazilian biotech start-up is custom-designing novel, natural yeast strains that can be used to make plant proteins, replace artificial additives and boost the bioavailability of minerals.
When ultra-processed food costs more, it is associated with lower prevalence of overweight and obesity in Brazil, suggesting taxes could be an effective tool to fight obesity, argue the authors of a recent study.
As coronavirus spreads through Latin America, retailers are seeking to calm consumers that food supplies are stable, but the impact on the region's economy could last well after the pandemic, experts warn.
We talk to Tetra Pak about its packaging made from “fully traceable” Brazilian sugarcane certified by Bonsucro. “The decision to source in Brazil is part of our sustainability commitment,” says the company’s director of sourcing and manufacturing.
Players in Latin America's retail sector have increased their value thanks to investment in digital platforms, according to a recent Kantar report that ranks the region's top 50 most valuable brands.
Starting in Mexico and Brazil, Nestlé will plant three million trees, restore degraded ecosystems and help farmers switch to agroforestry methods in a bid to make its supply chain more resilient.
Since going public with its zero deforestation commitment last October, the Palm Grower Association of Guatemala (GREPALMA) has more than doubled the number of signatories to its sustainable development targets.
Made with vegetable extracts, a natural coating for fresh produce means people can eat just fruit, not synthetic chemical waxes, says the Chilean start-up behind the product, PolyNatural.
FoodNavigator's weekly round up of new products from around Europe includes the launch of instant Starbucks coffee from Nestlé, a move the company says delivers a convenient premium coffee experience. Elsewhere, health and wellness drives saw the...
Using a patented technology, Brazil's Fibervita transforms co-streams from the cassava processing industry into a multi-functional ingredient that can clean up processed products' ingredient lists, it says.
CONACADO cocoa cooperative: 'This could destroy businesses like ours'
The European Union’s proposed organic regulation will break up organic, Fairtrade, and small-scale farmers’ cooperatives, meaning they will struggle to survive in the global market, says Fairtrade International.
Marfrig Global Foods finished 2019 with record returns, posting R$14.2 billion in fourth quarter revenue, a 23.5% increase year-on-year. Adjusted EBITDA for the quarter was R$1.6 billion, up 70.2% from the same period last year.
Cell Farm Food Tech is developing stem cell lines to provide cultured meat companies with a high-quality starter material from “champion” Argentine Hereford and Angus beef.
Sales of sugary drinks in Chile have plunged by almost one quarter (23.7%) after its raft of obesity-reducing strategies came into effect, according to a recent observational study.
Cutting edge artificial intelligence technology is promising to disrupt environmental monitoring in the food and drink processing sector by dramatically improving efficiency in the way pathogen monitoring programs are managed.
This year, consumers in Latin America will look to healthy, nostalgic, and indulgent flavors in all food and beverage categories, says taste and nutrition company Kerry.
Scientists are using Chilean quillaja extract to create nano-scale oleogels in plant-based proteins, mimicking the taste and texture of fat in meat and creating a 'juicy' product that, until now, has been "a real challenge", says the...
Tomorrow Foods says its turnkey protein isolates made from sustainably sourced pea, rice, mung and chickpea can help Latin American food manufacturers “join the plant-based revolution” without having to invest in R&D.
