Chocolate supplier Barry Callebaut has signed a long-term agreement with Colombian food ingredient supplier Levapan to expand its distribution to key parts of Latin America.
Monk fruit is still more expensive than stevia, but significant progress is being made on tackling the pricing and regulatory issues that have historically held the market back, says Layn Corp, a leading supplier of monk fruit and stevia based natural...
High inflation in many Latin American countries is pushing consumers to shop based on value, but whether they define this as higher quality or larger quantity varies on their age, goals and specific country, according to recent research from Nielsen....
The harmonization of regulations means a bright future is ahead for the export of food products and food ingredients into Latin America, a consultant says.
PepsiCo and Starbucks are partnering to distribute RTD coffee and energy drinks from Starbucks in Latin America, eyeing up a market worth $4bn and projected to grow by 22% over five years.
Worldwide demand for aloe means acreage for this important botanical continues to expand in Mexico, one of the main sources of the ingredient. And that demand has been driven largely by products sold through network marketing companies, an expert says.
A new player has entered the North American stevia picture with the announcement that Chenguang Biotech has named ingredient supplier GWI as its exclusive distributor in the North American market.
Nestlé has refused to comment on reports that it is working with financial advisory group Rothschild to sell more than $1bn of Latin American assets in an effort to win regulatory approval for its acquisition of Pfizer Nutrition.
A Food and Drug Administration (FDA)-imposed block on carbendazim-tainted orange juice and concentrate has seen a further three shipments denied entry into the US – taking the total to 30.
Almost three-quarters of all orange juice and concentrate shipments attempting to enter the US have tested negative for carbendazim, US food safety officials have confirmed.
PepsiCo and Ocean Spray have annonced a strategic alliance in Latin America in a bid to strengthen the former's juice portfolio in the region and increase accessibility of the latter's products in this region.
Kraft Foods is leveraging the growing market for chocolate and cookies in developing markets with the opening of a new $80m production facility in Brazil.
Latin America presents growing opportunities for investment for food manufacturers, even as the economic crisis takes its toll on American and European markets, according to a new market report.
There is a growing demand for cocoa from Latin America to meet the
increasing popularity of premium chocolates in Europe and the US,
according to a speaker at the recent meeting of the World Cocoa
Foundation (WCF) in Ecuador.
