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.
Could agave shortages and rising production costs stop the trending drinks in its tracks? The good news is that agave alternatives are ready to step in and fill the gap.
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.
Bimbo Bakeries USA (BBU) has released its 2021 Diversity, Equity & Belonging report, highlighting its successes over the past 10 years, and laying out goals for the next three.
More than half of parents and pregnant women (51%) surveyed for a new WHO/UNICEF report say they have been targeted with marketing from formula milk companies, much of which is in breach of international standards on infant feeding practices.
With the help of a $7m fundraise, Startup De La Calle is bringing to more Americans nationwide a modern version of the beloved and naturally functional Mexican “street vendor treat” tepache – a probiotic beverage made from fermented organic pineapples...
Mexican bakery giant Grupo Bimbo posted a 66.9% increase in fourth quarter net profit, along with a 74.7% bump up for FY 2021 to reach 15.9 billion pesos ($78m).
Grupo Bimbo, owner of well-known bakery brands including Sara Lee and Thomas English Muffins, is leading a Series A funding round for Ecuador-based LiveKuna, an emerging brand of superfood snacks, cereals, pastas, and alternative baking flours.
Could Mexico’s traditional fermented beverages offer inspiration for healthy beverages today? Researchers are calling for the recovery and conservation of ancient fermented drinks, which could offer an 'outstanding reservoir' of genetic resources...
Diageo will expand its manufacturing footprint in Mexico with an investment of more than $500m in new facilities in the State of Jalisco: supporting the company’s growth in the tequila category.
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.
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...
US avocado consumption hit record highs at the beginning of 2021, fueled by a recovering economy and continued positive perception of the trendy superfood, reports Rabobank.
It’s well-known that the smaller the salt crystals, the saltier they taste, which means less is more, an enticing proposition for snack makers looking to reduce sodium. However, simply finely grinding table salt and sprinkling it on potato chips won’t...
The world’s largest bakery company posted outstanding financial results, reported significant market share gains, was recognised as one of the world’s most ethical companies for the fifth consecutive year and increased its global use of renewable electricity...
Growth in RTD alcohol has exceeded Brown-Forman’s expectations this year: with the spirits giant championing a boom in Jack Daniel’s RTD and recent acquisition Part Time Rangers. But is the growth in RTD alcohol just a reaction to coronavirus or a long-term...
Oleopalma is setting the standard for palm oil production in Mexico as the first company in the country to receive Roundtable on Sustainable Palm Oil (RSPO) certification.
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.
The Mexican bakery giant has invested $146m into its initiative to grow its electrically powered fleet to make emissions-free deliveries in Mexico City, Guadalajara and Monterrey.
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.
Mexico's nutrition label is once again on path to enter into force as a court revokes the decision to provisionally suspend it, although industry says it will continue to oppose the regulation using "all legal means".
A judge has temporarily suspended Mexico’s front-of-pack warning label following a request lodged by business lobbies on the grounds it was not widely consulted or based on scientific evidence.
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.
For the sixth consecutive year, baked-goods company Grupo Bimbo topped the Merco ranking of companies with the best corporate responsibility and governance practices in Mexico.
Grupo Bimbo is looking to scale up innovative startups throughout Latin America with the launch of two accelerator programs, Eleva and BakeLab. “We're looking for the next great ventures in Latin America,” it says.
Food industry groups have criticized Mexico's newly approved nutrition label regulation, warning that the US, EU and Switzerland have voiced objections before the World Trade Organization (WTO).
Demand for gelatin in Latin America shows no sign of abating thanks to the popularity of jelly desserts and the protein-rich ingredient's health halo, according to supplier Gelita, which is looking to increase production capacity.
Made from mango seeds and peel that normally go to waste, Manguifer is an insoluble fiber that can partly replace fat and sugar, making processed foods healthier and cheaper, says Genius Foods.
Over one-fifth (21.3%) of fish sold in markets in Buenos Aires province is not the species labeled on-pack, according to a recent study, prompting calls for stricter regulations nationwide.
Mexican food manufacturer Kua Foods, which has a mixed portfolio ranging from healthy smoothie mixes to candy, is following Mexico's nutrition label developments carefully. "We’re not worried, just waiting to see," says its business manager....
GriYum and Hakkuna, two cricket companies from Mexico and Brazil, talk to us about why they think insect protein has the potential to make food in Latin America more nutritious and sustainable.
Brazilian consumers are interested in buying products made with nopal cactus, seen as a healthy functional food, according to a recent study. But how much export potential does the cactus really have in Latin America?
Simpleat delivers healthy, home-made meals to consumers' doors and is gearing up to launch in Chile and beyond. "We validated our business model in Argentina; it’s time to take it to the rest of Latin America,” says its co-founder.
As Mexico becomes the latest country in Latin America to set national plastic-reduction goals, increasing numbers of Latinos are looking for plastic-free packaging options, according to market analysts. But how feasible is going plastic-free?
Most nixtamalized corn products in Mexico are below limits for the carcinogenic aflatoxin, AFB1, but the prevalence of corn in the daily diet means the contaminant is still cause for concern, say researchers.
Coffee and cocoa farmers often grow avocado and mango as part of sustainable agroforestry systems - but these are vulnerable to climate change and should be swapped for more resilient crops, according to a recent study.
Mexico is the first country to accept a refreshed North American trade agreement that is expected to provide security for the future of trade in the region.
Global ingredient provider, Ingredion, has opened its new manufacturing facility in Mexico, to produce allulose, the first of its kind for the company in the region.
Demand for blue corn products in Mexico is booming and consumers are willing to pay a premium price of up to 33%, according to recent research by CIMMYT.
Exponential market growth in Mexican pork and Peruvian fruits and vegetables highlights how firms and governments can work together successfully in the modern agri-food industry, says a new report from the Inter-American Development Bank (IDB).
Kellogg’s decision to remove added vitamins and minerals from some of its most popular cereal brands in Mexico will cost the country US$250 million in health and social impacts, says a coalition of non-profit organizations.
Native to Patagonia, maqui berries are packed with polyphenols, have a ‘rounded’ flavour and definite superfruit potential, says freeze-dry specialist SouthAm.
