Industry Developments

A report in the Wall Street Journal suggests that food and beverage giant PepsiCo is set to team up with German dairy giant Müller to expand into the US dairy market. The report says... 2011-10-31

US-based trade association the Wine Institute, which seeks to promote Californian wines, has said that it hopes that exports to Mexico can rebound following the elimination of import... 2011-10-27

Argentine food producer Arcor has announced plans to invest US$40mn in Chile to build a new confectionery factory. The investment will be made through its Chilean sugar confectionery... 2011-10-27

Diageo has delivered a blow to the Jamaican drinks industry by announcing that Red Stripe beer destined for the US market will no longer be brewed in Jamaica but instead on the US mainland.... 2011-10-26

Since the start of 2011 the Brazilian Bovespa index has lost around 20% of its value on the back of concerns over the state of the global economy. Over this period Brazilian consumer... 2011-10-25

BMI's food and drink team are rolling out a series of new and improved risk/reward ratings for all its regions. The new ratings, introduced here for the Latin America region are more... 2011-10-24

Canadian spirits producer Corby Distilleries, a subsidiary of French spirits giant Pernod Ricard, has agreed to sell a selection of its spirits brands to US-based Sazerac Company for... 2011-09-29

Trinidad & Tobago based drinks firm Angostura has parted company with its CEO and Managing Director Wayne Yip Choy following a contract dispute. The dispute is reported to relate... 2011-09-27

Beer giant Anheuser-Busch InBev's chief marketing officer has said in an interview with Bloomberg that the firm plans to increasingly promote its flagship Budweiser brand in Brazil... 2011-09-23

Shortly after international food giants Kraft and Sara Lee announced they are to split their operations in an attempt to delineate the underlying businesses and unlock shareholder value,... 2011-09-23