Yogurt sections in grocery stores across LATAM are growing as consumer demand for the products increase. In response, brands are innovating with on-the-go and high protein versions increasingly in demand.
Denmark-based Novozymes is seeing significant opportunity in a number of sectors in Latin America, with significant opportunities in low-lactose applications and artisanal-baked goods in Brazil, says the company’s VP for food and beverages, Americas.
Continuing its expansion across Latin America, Barentz International has established a joint venture with Sao Paulo-based Tovani Benzaquen Ingredients. The JV marks Barentz’s first real entrance into the Brazilian market.
Milwaukee, Wisconsin-based Sensient Technologies completed its acquisition of the natural color business of Lima, Peru-based GlobeNatural. The new entity will operate as Sensient Natural Colors Peru S.A.C.
Peruvian beverage manufacturer Industrias San Miguel (ISM) has been able to significantly reduce energy usage due to new lines producing PET bottles, with the company hailing the impact of equipment supplied by Sidel.