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.
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.
An Internet of Things (IoT) kitchen appliance that cooks gourmet desserts made with clean label ingredients in minutes is looking to shake up the dessert category, says its Argentinian founder.
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.
Brazilian company NoMoo says it tricks bacteria to feed on the sugar molecules in cashew milk instead of dairy lactose - "a game-changing find" that has allowed it to create an entire portfolio of plant-based, fermented products.
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....
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.
Fruit-based syrups, enriched with inulin fiber and diluted with water, are an ideal way to get Chileans to drink less sugary soda, says French-Chilean start-up Siröpa that wants to create a new category in the country.
A division of JBS, the world’s largest meat processor, is producing vegetable protein from an advanced food tech hub called the Incredible Lab in Brazil.
PepsiCo and humanitarian organization CARE recently announced the launch of the She Feeds the World program in Peru to improve gender inequality in the agricultural sector.
CBD has caught the public's imagination as an ingredient offering a host of potential health benefits. But for all the hype, CBD also courts controversy. To move from a trending ingredient to an ingredient trend, the sector will need to address some...
Kellogg’s decision to remove added vitamins and minerals from some of its most popular cereal brands in Mexico will cost the country US$250 million in health and social impacts, says a coalition of non-profit organizations.
Nestlé Chile has made its Batido yogurt pots more easily recyclable, inching towards its commitment that 100% of its packaging will be recyclable or reusable by 2020.
The business developer behind Oatly and a team of Bolivian scientists have developed Quiny, a patent-protected and naturally sweet quinoa powder for plant-based milks, and are gearing up for a Latin American launch.
From creating amaranth and cactus snacks to supporting nutrition labels in Latin America, PepsiCo is listening to consumer demands for healthy products and clear nutrition information, according to Ricardo Pimenta, vice president of nutrition at PepsiCo...
New research shows many infants (between 6 and 12 months) who are transitioning off of breast milk are regularly receiving "ultra-processed" foods as some of their first introduction to solid foods.
Colombia’s Grupo Nutresa posted an 8.9% increase in third-quarter consolidated sales, totaling COP 7.2 trillion (US$ 2.2 billion) with a profit margin of 13.8%.
Brazilian dairy company Betânia's recently launched ambient drinking yogurt allows it to by-pass costly cold chain distribution and is more convenient for consumers, it says.
Kellogg has pledged to donate two million portions of its products to food banks in Mexico and around Latin America in a partnership with e-commerce platform Mercado Libre.
We talk to the head of business development at plant-based start-up NotCo about artificial intelligence-driven NPD, challenges in expanding to Brazil and which categories it plans to launch.
Mondelēz International’s Cocoa Life sustainability program aims to strengthen the company’s supply chain and the Cadbury maker’s on-pack claims are only to signal brands contain sustainable cocoa, says Cathy Pieters, the director of the program.
The organic food and beverage market in Brazil is growing but not without its growing pains, including ingredient supply chain constraints to consumer distrust over large multinational companies launching organic products in the region, notes Euromonitor...
Dietary sodium intake has become a public health priority in Costa Rica and can been linked back to the prevalence of high sodium content in many packaged food categories, wrote researchers in a recent study which analyzed the sodium content across a...
LiveKuna is blending native superfoods, such as chia seeds and quinoa, with probiotics and adding them into convenient formats in order to expand their reach.
Vegan, high in omega-3 or even home delivered: South America’s biggest egg producer, Mantiqueira, talks about how it adds value to a basic good. "We don't treat eggs like commodities," it explains.
A total of 87 companies, including food and ingredient corporates, have said they will ‘lead the way’ towards a ‘1.5°C future’ by joining the UN Global Compact on climate change.
The path forward for the sale of CBD consumer products in Latin America may be constrained by high price points and the region's patchwork of regulations, but a few countries are setting the stage for a CBD retail market, according to Brightfield...
Mexico has increased its wheat production by 63% in the past year thanks to a "price guarantee program," which has subsidized several agricultural commodities to better support Mexican farmers.
Trans fats may be present in almost 20% of Brazilian packaged foods and beverages, despite most of them not reporting the presence of the controversial ingredient in the ingredient deck or on the nutrition facts panel, says a new study.
As sustainability e-commerce platform, Denda, injects capital into its nutrition and health-focused brand, we spoke to the company’s CEO Felipe Parragué to find out more about its environmental stance and growth plans.
The problem with most plant-based products is they use synthetic additives, highly processed ingredients and plastic packaging, says Chilean start-up Live Green Co, which aims to make low-impact, everyday products the norm.
On-demand grocery delivery app Cornershop has expanded its services to Lima, Peru and Toronto, Canada, after Mexican regulatory authority COFECE blocked its potential sale to Walmart in June this year.
From ingredient shortages to price barriers, pesticide regulations to the appeal of 'chemical' food, the CEO of Revel Foods & Co talks about the challenges of being an organic brand in Brazil today.
Nestlé Brasil and Laticínio Bela Vista, producer of the Piracanjuba and LeitBom brands, have agreed a partnership for the production and distribution of UHT milk in Brazil.
As the development of front-of-pack (FOP) labeling continues to evolve to meet ever-growing consumer and market needs for transparency, we look at their prevalence and the current measures being explored to harness the functional food and nutrition markets...
Mandala Special Foods, whose products are guaranteed free from 20 major allergens, has been attracting the interest of major food companies such as M. Dias Branco, Danone and Unilever. We caught up with its founder to find out more.
Dairy-free start-up Zahini wants to grow Mexico's domestic free-from sector, starting with its range of coconut yogurt alternatives fermented with live cultures.
Acai's popularity is well established in Brazil but watch out for cocoa-like cupuaçu, says Frutos da Amazonia, which uses native ingredients from the Amazon in its range of premium products.
Danone Mexico and Mexico-based fruit processor Grupo Altex have formed a joint venture to support small-scale strawberries farmers in Mexico with training and agricultural resources. Through the program, Danone is seeking to become its own major supplier...
Mexican dairy producer Grupo Lala's 2019 second quarter sales netted 14,467m pesos ($758m) in Mexico, a 3.9% increase from Q2 2018. The company cited “innovation and an improved mix” of its ‘value-added dairy’ offerings as reason for the jump.
The world’s biggest bread maker reported higher prices and growing revenue headwinds in the US and Mexico contributed to flat net sales for its second quarter ended June 30.
