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Raymundo's Food Group, a leading ethnic food producer, announced today that Raymundo's, the creator of America's #1 selling flan is expanding its products line of authentic Hispanic desserts to include Small Batch Flan and Rice Pudding.
US Foods Holding Corp., Rosemont, Ill., launched its Fall Scoop 2019, which focuses on “Global Discovery Made Easy” and showcases products with Latin American, Asian and Middle Eastern influences.
With the U.S. multicultural population projected to grow by 98 million people in the coming decades, Acosta, Jacksonville, Fla., expects multicultural shoppers will continue to have significant influence on the grocery shopping experience.
Breakfast trends at both retail and foodservice are adapting to evolving tastes, requiring food industry players to adjust to satisfy consumers, according to a study produced by Packaged Facts, Rockville, Md.
Cava Group, Inc., Washington, D.C., entered into a definitive agreement to acquire Zoe’s Kitchen, Inc., a Plano, Texas-based fast-casual restaurant group with 261 domestic restaurant locations.
While Hispanic buying power is concentrated in select markets, including New Mexico, Texas, California, Florida, Nevada, Colorado, New Jersey, New York and Illinois, their interest in new products is spread across retail departments.
The Hispanic community is the fastest-growing ethnic group in the nation and spends more than $94.7 billion on CPG products annually, according to a report released by IRI, Chicago.