Food Industry Updates

• Grupo Bimbo making gains in North America
  Company says it made market share gains across all US categories.
• Axiom Foods, NNB form ‘protein+’ partnership
  Companies are focused on functional, plant-based innovation.
• The Vita Coco Co. acquires Copra, Inc.
  $175 million acquisition supports The Vita Coco Co.’s growth in coconut water category.
• Bain report cites ‘genuine volume contraction’ for US grocery
  Unit sales declines intensified during the first half of 2026.