Protein is hot, and nowhere more so than in Latin America, where the percentage of high protein new product launches per year is almost double the global average.
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.
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.
Latin American consumers across all demographics are interested in spending money on premium grocery products, particularly dairy, presenting strong opportunities for industry, according to Nielsen.
