Pork or Powdered Milk? Mexico Firm Looks to Swap Costly Ingredients

A unit of Mexico’s Alfa SAB that sells prepared foods in supermarkets and convenience stores may swap pork for turkey and powdered milk for fresh in an effort to keep prices low.

Sigma Alimentos has “reformulation capabilities” to help combat inflation while still offering products that consumers want, Chief Financial Officer Roberto Olivares said Tuesday during a conference call about first-quarter earnings. The company is one of Mexico’s leaders in the production and distribution of refrigerated and frozen food.