Nestlé’s CFO Anna Manz: “We didn’t expect to find ourselves here”
The CFO spoke out on why Freixe was let go – and why Philipp Navratil was picked for the CEO job
Retail
Suntory reacts as CEO quits amid drug investigation
The shocking resignation of Japanese food and beverage giant Suntory’s CEO has sent shockwaves through the industry
Kraft Heinz split announcement expected within days
A major split could be announced this week, reshaping the food giant and unlocking billions in value
Mars-Kellanova deal in jeopardy as Commission ‘stops the clock’
European Commission pauses review of $35.9bn Kellanova deal, citing “missing information”
Hershey warns tariffs and higher cocoa costs will take a toll in back half of 2025
The sweets and snacks giant trimmed its outlook for the full year despite surging second quarter sales as it braces for the full impact of potential tariffs and higher cocoa costs
Danone sales up as Asia punches in hefty growth
Danone has delivered robust sales growth overall, thanks to its ‘Renew Danone’ strategy, but is seeing losses in some markets
Mood munchies: What’s really driving snack time?
Research reveals that emotional drivers like stress, boredom and the need for comfort are shaping America’s snacking habits just as much as health or nutrition
2025’s biggest food & drink M&A deals so far
From billion-dollar beverage buyouts to bold wellness bets, 2025’s food and drink M&A deals reveal what’s shaping the future of the industry
Perfetti eyes growth in global travel retail refreshment confectionery
Perfetti van Melle is pursuing a larger slice of the global travel retail refreshment confectionery market, with a focus on flavour innovation and impulse purchases
Bon Bon Bum kicks off US expansion with bold football partnership and playful flavour campaign
Colombian lollipop brand Bon Bon Bum enters the US market with its first nationwide campaign, tapping Gen Z taste trends
Price and NPD drive Mondelēz revenues up but volume and profit slide
Mondelēz International has beaten expectations in its Q1 report, but volumes and profits are down
Unilever’s emerging markets performance ‘has to improve’ as Q1 disappoints
A slowdown in LATAM and other emerging markets impacted the group’s turnover in Q1 2025 - but Ice Cream delivered growth, again
Recalls of meat, dairy and produce up bigtime globally
There will be a rise in global food and drink recalls across critical supply chains
Cell-cultured meat gains traction with regulatory wins and scaleups
Cultivated meat and fat edge closer to scale and shelves worldwide
Food industry ‘disaster’ imminent investors warned by insiders
Food and drink is “unprepared” for an impending climate-induced meltdown, a secret society of industry insiders has warned
From zero to hero: How Keurig Dr Pepper has sprung onto the energy drink scene
Just three years ago, KDP’s share in energy was close to zero. In 2025, it expects more than $1bn in retail sales from energy brands: with its energy portfolio led by the hot acquisition of Ghost Energy.
Natural Products Expo West
From niche to necessity: How global flavors are shaping grocery
Brands tackle authenticity, consumer education and perception to bring diverse flavors to market
Forum
Peru’s XI Cacao and Chocolate Salon becomes a virtual event and looks beyond COVID-19
The eleventh Cacao and Chocolate Salon in Peru will be held online this year and runs from July 20 to July 23.
Latin American start-up innovation amid coronavirus chaos
From the Mexican bakery delivering cook-it-yourself experiences to nutrition apps advising the healthiest meal plans during quarantine, Latin American start-ups and SMEs are adapting their business models to survive the coronavirus crisis.
Sustainable start-up Algramo sells big brand products in reusable packaging
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.
Latin America's food industry reacts to COVID-19 crisis: 'Our operations are indispensable to food security'
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...
COVID-19: Industry calls for calm as Latin Americans panic buy
As coronavirus spreads through Latin America, retailers are seeking to calm consumers that food supplies are stable, but the impact on the region's economy could last well after the pandemic, experts warn.
Grupo Bimbo goes electric in Mexico
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.
From bricks to clicks: Latin American retailers reap 38% value increase thanks to digital investment
Players in Latin America's retail sector have increased their value thanks to investment in digital platforms, according to a recent Kantar report that ranks the region's top 50 most valuable brands.
NPD trend tracker: From instant Starbucks to 'great tasting' CBD
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 rollout...
Marfrig hits record-high revenue and earnings in Q4 2019
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$1.6 billion, up 70.2% from the same period last year.
Grupo Bimbo looks for Latin America's 'next great ventures' with start-up accelerator
Grupo Bimbo is looking to scale up innovative startups throughout Latin America with the launch of two accelerator programs, Eleva and BakeLab. “We're looking for the next great ventures in Latin America,” it says.
The factors driving Brazil's healthy eating trend
From Brazil's food guidelines - and its advice to avoid 'ultra-processed' foods - to the influence of social media, a number of factors are converging to help make the country's food healthier and nutrition-based, says one expert.
Korin: Carrefour listing will bring healthy, sustainable meat to the masses
Leading organic brand Korin is supplying GMO-free chicken to Carrefour Brazil, which will help it bring healthy, certified sustainable meat to a large number of people, its managing director says.
Ready-meal delivery start-up Simpleat ready for LATAM expansion
Simpleat delivers healthy, home-made meals to consumers' doors and is gearing up to launch in Chile and beyond. "We validated our business model in Argentina; it’s time to take it to the rest of Latin America,” says its co-founder.
'Your eyes and ears on the ground': Why the right distributor is crucial to LATAM export success
Many Latin Americans see Western brands as aspirational and the region offers big opportunities - but a tailored export strategy is key to success, says one US-LATAM distributor.
Chile in crisis: What's the impact on the food industry?
Often hailed as Latin America’s oasis of stability, Chile has been rocked by violent social protests and nation-wide strikes for over a month. We look at how the food industry has been affected.
Grupo Nutresa grows 8.9% in third quarter
Colombia’s Grupo Nutresa posted an 8.9% increase in third-quarter consolidated sales, totaling COP 7.2 trillion (US$ 2.2 billion) with a profit margin of 13.8%.
How supermarkets can help curb Latin America's childhood obesity crisis
By encouraging unhealthy food purchases, supermarkets are worsening Latin America’s childhood obesity crisis – but certain strategies can help both public health and retailer profits, according to a recent UNICEF report.
Uber to acquire majority stake in Cornershop
Uber is moving into grocery delivery with a majority stake acquisition of Chilean Cornershop.
Mantiqueira on how to premiumize a commodity product
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.
CBD in Latin America: Which countries will embrace it?
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 Group's...
Cornershop enters Peru and Canada following blocked Walmart acquisition
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.
How to freshen up Brazil's stale ready meal category
Brazil’s ready meal market is small and options are uninspiring – think frozen lasagna. But regional dishes, fresh ingredients and cook-it-yourself meal kits could change this, says Mintel.
Peruvian supermarket chain offers biodegradable alternative to single-use plastic bags
Peruvian supermarket chain Tottus is selling compostable, non-plastic shopping bags made from corn starch to help fight plastic waste as Peru ramps up its nationwide plastic bag tax.
Marfrig brings Argentinian burger brand to Brazil
Marfrig will launch Argentinian burger brand Paty, which makes up more than half of the country's burger retail sales, in Brazil.
Nestlé Brazil opens own-brand supermarket: 'The Empório model is innovative for Nestlé globally'
Nestlé Brazil has launched an own-brand supermarket, Empório, at its new headquarters to give consumers a brand experience with tastings, new products and home delivery options.
‘Blue pop’, e-commerce and how Latin American food is conquering China
From Chilean blueberries and Argentinian wine to Brazilian beef, Chinese consumers are increasingly seeking out Latin American food and drink.
'Design can change the way we relate to food': Foodlosofia on NPD for Latin Americans
Mexican food design agency Foodlosofia has worked with industry giants such as PepsiCo and Heineken to develop new products, retail concepts and eating experiences. We caught up with its CEO and creative designer to find out more.
Mexico blocks Walmart’s acquisition of Cornershop
Mexican regulatory authority COFECE has blocked Walmart’s acquisition of e-commerce platform Cornershop on the grounds it could hinder competition.
'The $30-billion generation’: Marketing to Latin America's evolving millennials
Latin American millennials have grown up and are now juggling young families, jobs, and financial pressures. It's time to stop marketing to this demographic - worth an estimated US$30bn - as care-free, self-centered youths, says market research firm...
Colombian food delivery startup Rappi to receive $1bn investment: 'It is time for a technology-driven Latin America'
Rappi, an on-demand food delivery service, has received an investment of "up to $1bn" from SoftBank and its 'Vision Fund', marking the largest technology investment made for a Latin America-based company to date.
Chobani joins the lineup at the FoodNavigator-USA summit 2019: FOOD FOR KIDS
Kids’ products can often be divided into two groups, claims Chobani chief marketing and commercial officer Peter McGuinness: fun products that parents don’t feel great about buying, and ‘worthy’ products designed to appeal to parents but which lack...
Argentina's food waste law incentivizes industry to donate surplus
Argentina's food waste law, which encourages food businesses to donate surplus produce to food banks while protecting them from prosecution, has entered into force.
‘A financial incentive’ for retailers: Nutri-Score in Colombia boosts healthy purchases & overall spending
Adding the Nutri-Score to food and drink resulted in Colombians choosing more green-labeled products - not fewer red ones - and spending more overall in-store. “This is a potential financial incentive to stores,” say the researchers.