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...
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.
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 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.
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...
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...
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...
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 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 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 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 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 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...
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.
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...
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...
Ukrainian president Volodymyr Zelensky is pressuring confectionery firms Nestlé and Mondelēz International, along with other multinationals, to completely pull out of the Russian market.
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.
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...
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.
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...
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.
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 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.
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 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....
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...
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...
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 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 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,...
Nestlé wants to drive growth in plant-based sales through innovation. At an event to unveil its latest creations – plant-based shrimp and egg alternatives – the company’s management weighed in on where the category is likely to go next.
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...
