MEXICO: Cargill signs Truvia distribution deal with Grupo Herdez
Cargill said Truvia would "quickly capture consumer interest in Mexico"
The Truvia sweetener brand is set to enter the Mexican market after owner Cargill struck a distribution deal with local firm Grupo Herdez.
Cargill launched Truvia, which is made with natural, zero-calorie sweetener stevia, in the US in 2009 and rolled out the product into the UK in 2011.
Citing figures from Nielsen, Cargill said Truvia had "grown a previously stagnant category of sugar substitute sweeteners" in the US by 20%.
The company said Truvia would "quickly capture consumer interest in Mexico".
Grupo Herdez said demand for a natural sweetener had grown. ""We are excited to add Truvia sweetener to our portfolio of premium brands," chairman and CEO Hector Hernandez-Pons said. "The demand for a calorie-free sweetener from a natural source has grown with consumers' expectations around understanding the source of their food."
Cargill is eyeing the launch of Truvia in Canada next year after stevia received regulatory clearance last month.
Cargill is to take its table-top stevia sweetener brand Truvia into Canada - and revealed it wants to launch the product into Brazil and India....
- Why Mars rice plan not just crop-ticking exercise
- ConAgra Foods: what could happen next? - analysis
- Greencore's food-to-go focus paying dividends
- Interview: Ritter sees growth potential in US, EU
- How Danone aims to meet its 2020 objectives
- Pinnacle to buy Boulder Brands in $975m deal
- Aryzta regional CEO steps down
- Maple Leaf Foods to cut over 400 jobs
- Hovis plans cuts amid anxiety over UK bread demand
- Nestle combats Thai seafood supply forced labour