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...
Brazilian plant-based startup Fazenda Futuro, recently valued at US$100 million, will launch vegan sausages made with a seaweed skin for crispiness next month. “We came to revolutionize this outdated, animal meat market," says its founder.
As Swiss nutrition and health company, Nestlé, plans to gear its strategic development and investment efforts towards Mexico, NutraIngredients-LATAM caught up with a spokesperson from Nestlé about what we can expect to see from its cash injection.
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...
Less than a month after launching its private label line offering customers custom ratios of CBD and other minor cannabinoids, Socati is targeting the hot beverage market with a line of CBD-infused coffee additive products.
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.