International agri-food giant Cargill has entered the Colombian market through the acquisition of poultry firm Pollos El Bucanero SA, for an undisclosed sum.
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.
There are tremendous opportunities for Hispanic snacks that target non-Hispanic consumers, but products must be spicy and authentic, according to a marketing expert.
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.
American Farm Bureau Federation president Bob Stallman agues that
the sugar industry is wrong to oppose the ratification of the
Central American Free Trade Agreement, writes Anthony
Fletcher.