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.
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.
Santiago-based food tech company NotCo has raised $235m in a Series D round led by Tiger Global and supported by DFJ Growth Fund, ZOMA Lab, athletes Lewis Hamilton and Roger Federer, and musician and DJ Questlove, taking its cumulative funding to $350m...
Exploring unique food pairings offers food brands the chance to tap into consumer desire to improve immunity via functional food, according to a report.
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....
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 Kraft Heinz Company’s recently released ‘transformation plan’ detailed the group’s strategy to deliver consistent growth, with top line gains led by its international business. FoodNavigator speaks to International Zone President, Rafa Oliveira, to...
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.
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.
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.
Ice cream is a treat for most children, but a startup in Chile is incorporating a strain of probiotics as a healthy supplement in the form of a daily snack.
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".
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.
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.
The Colombian government and food industry have agreed on warning nutrition labels that will become mandatory on unhealthy food and drink products sold in the country.
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.
Demand for food products that are beneficial to emotional health and well-being is strong among Brazilian consumers even across different socio-economic categories, according to Mintel.
Certified sustainable palm oil supplier Agropalma's investment in a specialty ingredients refinery has allowed Brazilian manufacturers to source key ingredients, such as cocoa butter substitute, domestically, it says.
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.
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.
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.
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.
Operating in both Silicon Valley and Argentina, Michroma uses CRISPR-engineered filamentous fungi to create novel, natural food colors, and is already attracting interest from multinational food manufacturers.
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.
From Brazil's food guidelines - and its advice to avoid 'ultra-processed' foods - to the influence of social media, a number of factors are converging to help make the country's food healthier and nutrition-based, says one expert.
Stevia supplier PureCircle has unveiled a new management team following a probe into accounting irregularities that has delayed the publication of its full-year results and prompted a suspension of its shares.
Millions is wasted on celeb marketing campaigns that could be redirected to help the world’s poorest achieve a living income through blockchain tokens, says Fairchain and the UNDP.
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.
Big food companies are lagging on their commitments to eliminate the environmental damage being caused by the palm oil supply chain, according to the Worldwide Fund for Nature (WWF).
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?
Sodium intake in Peru may be more than double WHO recommended limits and campaigns to reduce this should focus on mothers - the primary decision-makers for food purchases and meal planning, according to recent research.
As research and development, manufacturing and marketing centers on a new decade in food and nutrition, we explore what market research provider, Euromonitor International, believes will be the strategic themes to look out for in the coming years.
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.
Alimentus Consultoria is an open-access archive of Brazilian food legislation that can help manufacturers navigate the country’s complex and often over-lapping regulatory landscape, says one expert.
Growing palm oil on degraded pasture instead of deforested land can reduce net ecosystem carbon losses by 99.7% and results in a crop that is almost completely carbon neutral, according to a Colombian study.
