On track to separate from Kellogg Co. in the fourth quarter, Kellanova will position itself as a snacks-led powerhouse and improved company with “a growth mindset, a refreshed strategy and more ambitious financial expectations,” CEO Steve Cahillane said...
William Reed – the publisher of award-winning B2B brands including FoodNavigator and NutraIngredients - has acquired a majority stake in agri-food summit organizer Rethink Events.
Luiz Inácio Lula da Silva’s presidential election win in Brazil will make it easier for food and beverage companies to comply with their zero-deforestation commitments, it has been claimed.
The Mexican bread titan reported record sales and profits for Q3 2022, along with the acquisition of the UK bakery manufacturer, in a deal thought to be worth more than £300m.
CSM Ingredients is entering Latin America through a strategic partnership with Chilean player ICB. FoodNavigator catches up with CSM CEO Aldo Uva to learn more about how this expansion positions the European supplier for further growth.
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.
Bimbo Bakeries USA (BBU) has released its 2021 Diversity, Equity & Belonging report, highlighting its successes over the past 10 years, and laying out goals for the next three.
Mexican bakery giant Grupo Bimbo posted a 66.9% increase in fourth quarter net profit, along with a 74.7% bump up for FY 2021 to reach 15.9 billion pesos ($78m).
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.
The Swiss-Irish group continues to simplify its business model with the sale of its Brazilian operations to Grupo Bimbo SAB de CV. Its aim to rebuild as a bakery leader in Europe and Asia has also been given a boost with a new €500m revolving credit facility.
The Mexican bakery giant posted new highs for the second quarter – with a 16.2% increase in sales and adjusted EBITDA growing nearly 37% – as it motivated to revitalise those channels and categories that suffered during the pandemic.
Exploring unique food pairings offers food brands the chance to tap into consumer desire to improve immunity via functional food, according to a report.
Chia seed ingredients specialist Benexia has developed a Keto Chia Cake & Muffin Baking Mix that overcomes the dry texture, short shelf life and nutritional deficits typically associated with low-carb baking flours.
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 global ingredients specialist has created an online platform to provide its clients with access to the authoritative science behind its ingredients, which it hopes will go a long way to address public health challenges.
The world’s largest bakery company posted outstanding financial results, reported significant market share gains, was recognised as one of the world’s most ethical companies for the fifth consecutive year and increased its global use of renewable electricity...
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.
Oleopalma is setting the standard for palm oil production in Mexico as the first company in the country to receive Roundtable on Sustainable Palm Oil (RSPO) certification.
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.
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.
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.
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".
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.
Brazil’s GMO logo has been mandatory since 2003 but three-quarters of Brazilians do not recognize it, according to a recent study. Should it be removed - as a draft law currently proposes - or redesigned?
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.
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.
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.
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).
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.
Product and consumer surveys across the island of Ireland have revealed a number of health misperceptions when it comes to gluten-free snacks, according to NGO SafeFood.
