Nestlé SA
Total report count: 4
Total report count: 4
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Nestlé remains a leading player in cooking ingredients and meals globally, as it does in overall packaged food. However, share losses in recent years have seen it slip from first to third place in cooking ingredients and meals, although it has now identified a number of underperforming parts of the overall business, including US frozen pizza, and has tasked itself with turning these areas round in the near future.
Nestlé ranks second in pet care in the world in 2023 and pet care is one of the main drivers of Nestlé’s growth in 2023 among its entire consumer goods portfolio. Market momentum as well as market premiumisation through science-based premium brands such as Purina ProPlan and Purina ONE drive Nestlé’s pet care growth. In 2024, Nestlé divests in baby food but consolidates its pet food portfolio with innovations focused on natural ingredients and therapeutic solutions. Finally, Nestlé Purina has st
Maintaining its global leadership in hot beverages, Nestlé has achieved sustained value growth in the face of challenging economic conditions. With its broad portfolio in core categories and premium positioning in developed markets, as well as growth in emerging markets, Nestlé has been able to continue increasing its hot drinks sales. The company remains committed to strategic investments in its leading brands, and seeks to enhance its sustainable actions.
Packaged food and hot drinks giant Nestlé continues to hold second place in dairy products and alternatives, in which it is the leading player in milk formula, powder milk and coffee whiteners. While it is still headquartered in Europe, at its original base in Switzerland, it generates around three quarters of its global sales in developing markets, with Asia Pacific and Latin America its biggest regions in terms of dairy products and alternatives sales.
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