Sector News

Cargill to distribute ConAgra condiments, popcorn in Brazil

October 15, 2014
Food & Drink
(Reuters) – U.S. agribusiness Cargill Inc and food maker ConAgra Foods Inc announced a partnership on Tuesday to market and distribute Hunt’s condiments and Act II microwave popcorn in Brazil.
 
Cargill will distribute ConAgra’s U.S.-produced tomato ketchup, mustard and barbecue sauces nationwide and its Brazilian-made popcorn in Sao Paulo state beginning this month.
 
The companies noted 4.5-percent annual growth in Brazil’s condiment market over the past three years and strong growth potential for microwave popcorn sales to the expanding middle class.
 
(Reporting by Karl Plume in Chicago; Editing by David Gregorio)

comments closed

Related News

May 21, 2022

Cécile Béliot becomes Bel Group CEO

Food & Drink

Cécile Béliot has assumed the role of Bel Group chief executive officer, following the decision to separate the roles of chairman and CEO. The separation of the functions will enable Bel Group to develop in three areas of healthy snacking. Meanwhile, the company’s former CEO, Antoine Fiévet, has had his mandate renewed as chairman of the board.

May 21, 2022

“Corporate greed and dereliction of duty”: FDA commissioner slammed over infant formula shortage

Food & Drink

US Food and Drug Administration (FDA) Commissioner Dr. Robert Califf was grilled by lawmakers during a House Appropriations subcommittee hearing, where he was slammed over the agency’s handling of the escalating infant formula shortage.

May 21, 2022

Sweegen hails antioxidants and bitter blocking tech a turning point for sugar reduction and healthy aging

Food & Drink

Sweegen is ramping up its efforts to reduce sugar across F&B applications while simultaneously tapping into the benefits of using antioxidants and bitter blocking technology. Speaking to FoodIngredientsFirst, Casey McCormick, vice president of global innovation at Sweegen, says product developers can find a broad range of solutions in Sweegen’s nature-based sweetener systems as brands elevate better-for-you foods.