The world’s largest food company has confirmed it is eyeing the cultured meat sector after a leaked report revealed a tie-up with Israeli cell-based start-up Future Meat Technologies.
The Swiss food giant has confirmed it will update its nutrition and health strategy after British newspaper the Financial Times published leaked internal documents acknowledging that nearly 70% of its main food and drinks products, making up about half...
Recognizing that the most common reason Americans want to reduce their animal protein consumption is to improve their health, Sweet Earth is diversifying its selection of plant-based meat alternatives – and the ingredients that go into them – to better...
Despite strong organic sales growth and market share gains in the first quarter, Nestlé’s CEO warned market analysts yesterday against “excessive margin growth expectations,” and cautioned the company could raise prices later this year or early next to...
Nestlé Waters North America has now begun operating under a new corporate name – ‘BlueTriton Brands’ – following the completion of its acquisition by One Rock Capital Partners in partnership with Metropoulos & Co.
Nestlé reported ‘strong’ growth of its plant-based brands when it delivered its full year results. But, CEO Mark Schneider stressed, the opportunity is much bigger than meat-free burgers or bangers.
Nestlé will sell its Nestlé Waters North America business – including brands Pure Life, Poland Spring, Deer Park, Ozarka and delivery service ReadyRefresh – to One Rock Capital Partners and Metropoulos & Co.
Swiss food giant Nestlé wants to halve its emissions by 2030 and achieve net zero by 2050. “We have no time to lose,” CEO Mark Schneider told journalists at an event detailing how the company plans to get there.
A sharp and steady decline over the past 18 years of infant iron consumption uncovered by Nestlé’s long-term Feeding Infants and Toddlers Study reveals a threat to children’s brain development and learning capabilities as well as a significant market...
Nestlé’s nine-month sales for 2020 and Unilever’s third-quarter trading statement illustrate the revitalised consumer demand for staples and comfort foods, once feared to have fallen out of fashion.
Nestlé is ready to be “much more acquisitive” now after 18 months of aggressively selling underperforming businesses and brands that did not tidily fit into the company’s new image of itself as a primarily nutrition, health and wellness business, according...
What’s new in the world of plant-based product development? FoodNavigator-USA (FNU) caught up with Ryan Riddle (RR), senior product development specialist, vegetarian meal solutions at Nestlé, which acquired the plant-based Sweet Earth brand in late 2017.
We’ve scoured the four corners of the earth to bring you an exciting and exotic selection of treats – from South Korean, Kellogg’s has released a green onion-flavoured Chex cereal, Jammie Dodgers are again available in vegan variants in the UK and, across...
The Rainforest Alliance has said it is ready to fully support Nestlé in its mission to improve sustainability in the cocoa sector, after it was announced the confectionery giant and maker of KitKats is to expand its in-house Cocoa Plan certification scheme...
Private equity firm Brynwood Partners VII will acquire refrigerated pasta brand Buitoni’s North American business from Nestlé USA, forming the Buitoni Food Company headquartered in Stamford, Connecticut.
Nestlé CEO Mark Schneider warns that the business must ‘get ready for the storm’ as supply chain challenges are expected to intensify amid the global coronavirus pandemic.
Starbucks and Nestlé believe they can bring a premium sparkle to the instant coffee category with the global launch of Starbucks branded premium instant coffee this month.
Under a new joint development agreement, Nestlé will help Merit Functional Foods and its technology partner, Burcon NutraScience, scale and commercialize its portfolio of plant proteins with the goal of using the startup's novel ingredients in foods...
While meatless meals have gained significant traction in the US in recent years, a survey commissioned by Nestlé found more than half of Americans have not yet tried plant-based alternatives to animal protein – a startling statistic that the company wants...
In 2020, diners ordering Nestlé's plant-based Awesome Burger (in the US) or Incredible Burger (in Europe) will be able to pair it with plant-based cheese and bacon via the 'PB triple play’: a "no-compromise plant-based bacon cheeseburger."
Nestlé has sold its Israeli ice cream business to Froneri for an undisclosed sum in a move that sees it fully exit the EMENA ice cream space. As it continues to prune lower growth and margin brands from its portfolio, analysts expect further divestments...
Nestlé’s new ‘cook from raw’ plant-based Awesome Burger (launching in the fall under the Sweet Earth brand in retail and foodservice) has similar levels of sodium and saturated fat to the Impossible Burger and the Beyond Burger, but has significantly...
Nestlé USA has said it will exit its company-owned frozen Direct-Store-Delivery (DSD) network for its ice cream and pizza businesses and will transition to a warehouse model. The move means the closure of eight frozen distribution centers and frozen inventory...
Nestlé Health Science will take an equity stake in Swiss life science company Amazentis and receive global rights to use Amazentis’ Urolithin A technology for dietary supplements, foods, beverages, and medical nutrition products.
Nestlé has become a founding partner and investor in Terracycle’s Loop, a circular economy shopping platform, launching its first product on its website, Häagen-Dazs ice cream.
Children's dietary patterns are strongly established by age two once the child is introduced to solid foods, so how can parents make the most of that crucial and brief time period to make sure their children are introduced to the right foods?
The 15th annual general assembly of the Roundtable on Sustainable Palm Oil (RSPO) closed today, with over 850 representatives of the global palm oil and food industry agreeing to new certification standards for sustainable palm oil.
A lawsuit alleging that Nestlé USA is misleading shoppers with its ‘No GMO Ingredients’ seal is unlikely to make much progress, predict legal experts, but it does highlight the confusion surrounding Non-GMO claims given that the standards underpinning...
In a letter to Nestlé, the world’s largest food company by revenue, Third Point, a New York-based asset manager with $18bn in capital ($3bn in Nestlé), called out the food and beverage giant for falling short on its long-term, sustainable growth mission.
Mondelēz, Cargill, Nestlé and Tony’s Chocolonely will discuss progress and challenges in implementing Child Labor Monitoring & Remediation Systems (CLMRS) in cocoa communities at a panel during the World Cocoa Conference.
The Swiss food and beverage giant and the Dublin-based biotech company are to work together on discovering bioactive peptide networks in target high-value areas.
Butterfinger maker Nestlé refuses to speculate if it will offload its challenged US confectionery business, but says it is “no stranger” to portfolio trimming.
Nestlé USA is to move its corporate HQ from Glendale, California, to Arlington County, Virginia, in order to get closer to "the bulk of its business and stakeholders."
Chocolate companies are coming under increasing scrutiny to publish third-party verified impacts on cocoa sustainability efforts, including taxes paid in origin countries.
New research from market intelligence company CivicScience suggests changing consumer attitudes about healthy eating could mean manufacturers can shed their years-old “stealth health” approach to product reformulation without fear that sodium-, sugar-...
Carefully balancing consumers’ age-specific nutritional needs with how and when they eat different foods helped Nestle successfully reduce sodium, sugar and fat significantly in some of its most frequently consumed foods without sacrificing taste.
The food and beverage industry is in the middle of an innovation renaissance that is far outpacing many other consumer goods categories as illustrated by the winners of the 2016 Product of the Year award for innovation announced Feb. 11.
Nestlé will launch its Swiss bean-to-bar premium chocolate brand Cailler in key international markets via e-commerce as it looks to plug an alleged gap in its premium confectionery portfolio.
Ice cream maker Clemmy’s – which hit the headlines in 2013 after filing a lawsuit* accusing Nestlé USA of leveraging its commercial clout and ‘category captain’ status with big retailers to shut rivals out of the market – has not presented sufficient...
Americans are falling out of love with many big legacy ‘processed food’ brands and the “financial markets have closely observed what is happening in our industry and acted quickly and decisively”, according to the chairman of the world’s biggest food...
Nestlé is pumping $53m into a new R&D facility in Solon in northern Ohio, that will be dedicated to frozen and chilled foods and serve Nestle's businesses worldwide.