Nestlé

‘It’s time to legislate’: EU seafood sector crabby about plant-based ‘fishy’ labelling

04-Dec-2023 By Flora Southey

Is the labelling of Nestlé’s plant-based ‘Vuna’ product too similar to conventional tuna? This was up for debate recently in Brussels, where stakeholders met to discuss ‘fishy’ labelling for plant-based alternatives.

Financial results

Nestlé reports double-digit sales growth in confectionery brands

19-Oct-2023 By Anthony Myers

In a market statement relating to its nine-month sales for 2023, Nestlé said growth was broad-based across most geographies and categories.

Kellogg’s, Big G and others get their day in court over alleged egg-fixing scheme

18-Oct-2023 By Gill Hyslop

Kellogg’s, General Mills, Nestle USA and Kraft Heinz are seeking more than $110m in damages from US egg producers accused of artificially inflating prices.

Nestlé and Cargill partner to turn cocoa shells into low carbon fertiliser

11-Sep-2023 By Flora Southey

The project will see Cargill supply cocoa shells to CCm Technologies, who in turn will manufacture fertiliser for two farms supplying Nestlé UK & Ireland.

Financial results

Nestlé improves organic sales outlook after strong first-half results

27-Jul-2023 By Anthony Myers

Nestlé has reported better-than-expected first-half organic sales in its half-year results for 2023 and said it improved its full-year organic sales outlook after raising prices to cope with higher production costs.

Nestlé enzyme tech cuts sugars intrinsically present in malt, milk and fruit juice

18-Jul-2023 By Flora Southey

The enzymatic process reduces sugar without needing to add sweeteners or bulking agents to replace its volume.

News

Nestle introduces 'breakthrough' sugar reduction technology

17-Jul-2023 By William Dodds

Food and drink processor Nestle has rolled out a new technology which its claims can reduce the sugar content of ingredients.

Behind Nestlé’s dual strategy for Garden Gourmet: Meat mimicry and plant-forward foods

06-Jul-2023 By Flora Southey

Nestlé’s Garden Gourmet brand sells meat imitations (think plant-based chorizo or vegan tuna) as well as more plant-forward or ‘vegetable-based’ offerings, such as broccoli patties. Marjolijn Niggebrugge, business head plant-based meal solutions Europe...

Nestlé to partner with Latin American venture capital fund to promote sustainability

09-Jun-2023 By Augustus Bambridge-Sutton

Nestlé has announced that it will partner with Yield Lab Latam, a Latin American venture capital fund, to work on sustainable packaging and regenerative farming. Yield Lab Latam provides funding to agri-food companies across Latin America, connecting...

Nestlé’s research institute addresses agricultural sustainability, aligning with its climate mitigation plans of reaching net-zero by 2050

10-May-2023 By Deniz Ataman

Nestlé officially inaugurated its Lausanne, Switzerland-based research institute, Institute of Agricultural Sciences, to improve agricultural sustainability throughout its supply chain.

Nestle price hikes lift sales without significantly impacting volume in the first quarter

27-Apr-2023 By Elizabeth Crawford

Nestle’s near double-digit price hike across its portfolio of coffee and confections over the past three months helped buoy sales and offset a notable jump in costs without significantly dragging down volumes, prompting executives and analysts to characterize...

Transparency versus clarity: New Nestle nutrition data shows difficulties posed by APAC’s fragmented health rating systems

10-Apr-2023 By Pearly Neo

New data from Nestle’s new attempt to use the Health Star Rating (HSR) system to benchmark its portfolio has revealed a positive nutritional picture for its global portfolio – but a closer look at local assessments of APAC markets reveal the difficulties...

‘A new standard in corporate transparency’: Nestlé discloses nutritional value of global portfolio

21-Mar-2023 By Flora Southey

Benchmarking its products against the Health Star Rating system, Nestlé has become the first food major to report on the nutritional value of its entire global portfolio. FoodNavigator asks Nestlé executives Bernard Meunier and Marie-Chantal Messier about...

Natural Products Expo West

Nestlé cultivates new innovation pathways to better meet consumer, retailer needs

14-Mar-2023 By Elizabeth Crawford

How Nestlé uncovers unmet consumer needs and develops foods and beverages are almost as innovative and diverse as the successful new products it has launched and patents it has filed since the pandemic began.

Financial results

KitKat achieves single-digit growth for Nestlé after price rises hit profits

16-Feb-2023 By Anthony Myers

Nestlé has reported its net profit fell to CHF 16.9 billion ($18.33 billion) in its full year results for 2022, with sales increasing to CHF 94.4 billion ($102.38 billion), missing forecasts for CHF 95.02 billion ($103.05 billion), despite price increases...

Nestlé invests $43m in Wisconsin manufacturing facility for RTD nutritional products

24-Jan-2023 By Rachel Arthur

Nestlé Health Science will make a $43m investment to expand its manufacturing facility in Eau Claire, Wisconsin: adding two new production lines to increase manufacturing of high-demand ready-to-drink consumer products.

Nestlé’s budget-friendly innovation strategy: ‘We are faster now than many of the startups”

21-Dec-2022 By Elizabeth Crawford

No longer a lumbering giant when it comes to R&D, Nestlé significantly increased its number of new product launches and number of patents in priority areas by simplifying its innovation process, fostering an entrepreneurial culture and collaborating...

Nestlé expands premium coffee options under Nescafe, Nespresso and Starbucks to win at in- and out-of-home

14-Dec-2022 By Elizabeth Crawford

Already a dominant player in coffee with 22% of the nearly $108bn global retail market, Nestlé wants to capture additional share and drive growth in- and out-of-home in the coming years as consumption across both continues to rebalance post-pandemic with...

Nestlé aggressively pursues online sales, predicting a ‘rebound’ in e-commerce, rise of ‘channel-less commerce’

01-Dec-2022 By Elizabeth Crawford

Undeterred by a slowdown in e-commerce over the past year compared to earlier in the pandemic, Nestlé remains committed to its goal of capturing 25% of sales online and becoming a “data-powered, fully digitized experience-brands company” by 2025, executives...

Nestlé's decision to spin out Freshly, reconsider Aimmune reflect pandemic’s impact on shifting shopping habits, consumer needs

30-Nov-2022 By Elizabeth Crawford

While Nestlé CEO Mark Schneider touted the company’s “consistent financial results” over the past few years despite “living in a very volatile and turbulent environment” thanks partly to an aggressive portfolio reshaping, he also acknowledged not all...

Nestlé microbiome breakthrough identifies weaning opportunity: ‘This paves the way for solutions supporting children's growth and development’

21-Nov-2022 By Katy Askew

Nestlé scientists are among a team that has detected novel gut bacteria present in the transition from infancy to early childhood. The Swiss company tells FoodNavigator it hopes the discovery will advance innovation that supports childhood development...

Nestlé plans further price increases, 'Pricing will need to continue,' says CEO

21-Oct-2022 By Mary Ellen Shoup

Nestlé is continuing to fine tune its portfolio through ongoing SKU rationalization paired with an increased focus on high-growth segments of coffee and its Nestlé Health Sciences division with plans to introduce additional pricing actions to keep up...

Starbucks to sell Seattle's Best Coffee to Nestlé: 'This is a great day for coffee lovers around the world'

20-Oct-2022 By Mary Ellen Shoup

Starbucks plans to sell the Seattle’s Best Coffee brand to Nestlé to allow both companies to focus on their core strengths within their respective coffee portfolios.

Nestlé moves smoothies beyond ‘niche channels’ with blender-free option for masses

12-Oct-2022 By Elizabeth Crawford

Nestlé is expanding its toehold in the highly fragmented but fast-growing smoothie category with the launch of Outshine Smoothie Cubes, which it says will stand apart from the competition by offering added convenience in both format and distribution....

Nestlé teams with Perfect Day to pilot animal-free milk – elevating the concept with its clout, scale

12-Sep-2022 By Elizabeth Crawford

Nestlé is dipping a toe into the increasingly crowded but still highly fragmented and nascent animal-free dairy category by teaming with startup Perfect Day to use synthetic biology to create a milk-like beverage from genetically engineered microflora...

Nestlé taps confections expertise to enter snack space with Rallies Nut Butter Bombs

08-Sep-2022 By Elizabeth Crawford

More than four years after Nestlé sold its US confectionery business to Ferrero, the CPG giant is dipping a toe back into the bite-sized sweets segment but through a better-for-you “snacking” lens with the national rollout of Rallies Nut Butter Bombs.

Nestlé opens $340m coffee factory in Mexico

26-Jul-2022 By Rachel Arthur

Nestlé has opened a new Nescafé coffee factory in Veracruz: creating 1,200 new jobs and making Mexico the company’s main coffee producer globally.

Nestlé driving progress on dairy emissions: ‘We believe in the goodness of milk’

07-Jun-2022 By Katy Askew

Nestlé is expanding initiatives to reduce the environmental footprint of its largest raw material by volume: dairy.

Keto in focus, part five: Nestlé’s Boosted Brew offers uncompromised functional coffee experience

28-Apr-2022 By Elizabeth Crawford

For many avid followers of the keto diet, compromise – be it in convenience, taste or simply going without – is an unwanted and unavoidable tradeoff for their health goals; but it doesn't have to be, especially first thing in the morning, according...

Nestle enjoys strong sales as consumer spending remains ‘resilient’ despite 5.2% price hike

22-Apr-2022 By Elizabeth Crawford

Emboldened by “sustained consumer demand” despite rising prices in the first quarter to the highest level since 2008, Nestle executives told investors yesterday that they will continue to pass on “significantly higher” than expected cost inflation to...

Ukraine invasion

Nestlé, Mondelēz on the defensive as pressure grows to pull out of Russia

22-Mar-2022 By Anthony Myers

Ukrainian president Volodymyr Zelensky is pressuring confectionery firms Nestlé and Mondelēz International, along with other multinationals, to completely pull out of the Russian market.

Nestlé to keep selling essential food items in Russia despite Ukrainian PM intervention

18-Mar-2022 By Oliver Morrison

Nestlé is refusing to yield to pressure to pull out of Russia after Ukraine’s prime minister urged the food giant to halt all business in the country.

Nestle ‘tentatively’ reopens Ukrainian factories to restock empty food shelves

04-Mar-2022 By Gill Hyslop

The Swiss food giant is restarting some of its operations in Ukraine in order to support the delivery of essential food and beverages to those who remain in the country.

Nestle shifts portfolio to premium to fend off commoditization, drive sustained growth

01-Mar-2022 By Elizabeth Crawford

Through a combination of rapid innovation, investing in growth platforms, ongoing “prudent” M&A and strategic paring down of labor and factories, Nestle is on track to deliver solid mid single-digit organic growth in 2022 and into the foreseeable...

Nestlé’s coffee portfolio thrives thanks to the ‘at-home revolution’

21-Feb-2022 By Rachel Arthur

A long-term transition to working from home is boosting Nestlé’s coffee portfolio, with the company confident the trend will continue post-pandemic.

Financial results

Plant-based products help Nestlé with key growth as company commits to ‘business as a force for good’

17-Feb-2022 By Anthony Myers

The announcement was made in a press conference webcast by Nestlé CEO Mark Schneider, as the company reported strong annual growth in 2021, in its full-year results.

Behind Nestlé’s CHF1.3bn drive to bridge the living income gap in cocoa

11-Feb-2022 By Katy Askew

Nestlé has launched an initiative that promises to help bridge the living income gap for cocoa farmers in its supply chain. With a focus on productivity, resilience, diversification and access to education the company is more than tripling its current...

Nestlé creates ag research institute: ‘We want to bring the most promising approaches and solutions to farmers’

09-Feb-2022 By Katy Askew

Swiss food giant Nestlé is beefing up its capabilities in agricultural research in a bid to support the transition towards a regenerative food system and deliver its net zero roadmap.

'We’re fooled into believing that these companies are taking sufficient action': Nestlé and Unilever rebuff greenwashing accusation

08-Feb-2022 By Katy Askew

NewClimate Institute has released a report accusing big companies like Nestlé and Unilever of putting out ‘ambitious sounding’ carbon goals that have ‘very low integrity’. The food giants – both of whom have made net zero pledges – reject this conclusion.

Nestlé Health Science to buy majority stake in Orgain

03-Feb-2022 By Jim Cornall

Nestlé Health Science has agreed to purchase a majority stake in Orgain, a plant-based nutrition company, from its founder Dr Andrew Abraham and Butterfly Equity, who will continue to be minority share owners.

Sustainability

Nestlé announces innovative plan to tackle child labour risks in cocoa sector

28-Jan-2022 By Anthony Myers

Confectionery giant Nestlé is launching an ‘innovative income accelerator programme’ to tackle child labour risks in its cocoa supply chain, increase farmer income and achieve full traceability in its cocoa supply chain.

Nestlé USA CMO talks 'doubling down' on plant-based, snacking, and coffee

17-Dec-2021 By Mary Ellen Shoup

Nestlé USA is highly focused on several key food and beverage categories as it heads into 2022, including growing plant-based meat alternatives (i.e. chicken), plant-based creamers, coffee, and new snacking opportunities, says Nestlé USA CMO Alicia Enciso....

WATCH TODAY: Our Food For Kids Summit explores the challenges & opportunities of early childhood nutrition

09-Nov-2021 By Elizabeth Crawford

Parents and caregivers crave information about how best to feed their children, and while they have a lot of resources available via the Internet, health care providers, peer groups and brand marketing – they aren’t always sure what to trust or where...

Soup-To-Nuts podcast: Gerber examines parental pressures to better support kids in first 1,000 days

25-Oct-2021 By Elizabeth Crawford

Recognizing that what and how parents choose to feed their newborns and toddlers goes beyond just nutrition, Gerber undertook an ambitious investigation into the universal pressures that caregivers face with an eye towards better supporting them as they...

Where next for seafood alternatives? Join Aqua Cultured Foods, New Wave Foods, Good Catch, Mission Plant and the GFI on Weds 27 for webinar

22-Oct-2021 By Elaine Watson

From Nestle's vegan 'Vrimp' in Europe to Good Catch's crab cakes on trial at Long John Silver's in the US, many players believe plant-based seafood represents a significant untapped opportunity in a sector dominated by beef, pork...

Nestle’s ‘exceptionally strong organic sales growth’ may not be enough to buoy margins amid rising inflation

21-Oct-2021 By Elizabeth Crawford

Nestle boosted its full year sales guidance this week after raising prices once again to account for climbing costs, but leadership cautioned those increases may not be enough to fully counter worsening inflation – suggesting more hikes likely are necessary...

Nestlé debuts Rallies Nut Butter Bombs, a snack for world-weary 'slumpers'

20-Oct-2021 By Mary Ellen Shoup

Nestlé has entered the refrigerated snacking set with its line of permissably indulgent Rallies, a three-bite snack of chocolate enrobed nut butters, which is targeting a growing group of consumers who need a pick-me-up to rally themselves out of a slump,...