Nestlé streamlines operations amid soft demand
The food major downgrades its FY24 growth outlook again as it predicts consumer demand to remain soft.
The food major downgrades its FY24 growth outlook again as it predicts consumer demand to remain soft.
How surprising is Nestlé’s CEO change in the context of the company’s H1 2024 results?
The food major reported dairy market share losses and negative growth for Infant Nutrition in China as its share price took a hit following the announcement.
Nestle has launched a new milk powder containing mulberry leaf extract, tryptophan, vitamin B, and minerals in China to support sleep quality in adults.
We look at the FY23 annual results posted by some of the global dairy majors.
A new agreement will see Nestlé fund an additional payment to farmers who achieve one of the three levels of Fonterra’s The Co-operative Difference framework during the 2023/24 season.
At COP28, six global food majors have committed to publicly disclosing their dairy-related methane emissions and drawing up detailed plans of action, but the firms won’t be tied to a specific methane reduction target.
The food and beverage major has released its first product range that leverages milk made with the company's proprietary enzymatic solution that can naturally turn lactose into dietary fiber.
Nestle is debuting a new infant formula containing a proprietary blend in Hong Kong in November 2023. The blend is said to be an “all-round” nutrition for supporting multiple growth areas, including digestive, bone, and cognitive health.
The food industry giant has developed an enzymatic solution that converts lactose into microbiome-supporting dietary fibers while reducing total sugars at the same time.
The Israeli precision-fermentation dairy specialist hopes the three CPG leaders would help grow the brand on a global scale.
The food and beverage giant’s net profits decreased by 45.2%, but operational improvements and demand have boosted infant nutrition sales while dairy reported mid single-digit growth.
The French dairy company has agreed to buy Dairy Partners Americas in a deal expected to be finalized during 2023.
The world's largest food and beverage company is concocting an animal-free dairy protein drink as it seeks to scope out the opportunities offered by precision fermentation technology.
Nestlé is debuting its Nescafé Gold coffee brand in the ice cream category. The Swiss food giant is piloting a product that, it says, delivers a ‘unique ice-cream taste and eating experience’. We ask what makes Nescafé Gold Cappuccino Ice Cream stand out.
Designed for frozen pizza, the fat-reduced Edam has ‘all the flavour, melting behaviour and shreddability’ of the full-fat version.
Nestlé is expanding initiatives to reduce the environmental footprint of its largest raw material by volume: dairy.
The US Food and Drug Administration has taken steps to get ‘millions of bottles’ of specialised medical formula into the country to help meet the needs of infants with allergies and health conditions.
Following Russia’s invasion of Ukraine, and the subsequent sanctions imposed upon Russia, doing business with the world’s largest country is becoming increasingly complicated.
Emmi and Nestlé are launching the KlimaStaR Milk resource project together with milk producer organizations aaremilch and the Central Switzerland Milk Producers Cooperative (ZMP).
Nestlé said due to the growth in the snack pouch category in the US, it has launched OUTSHINE, which it said addresses a key consumer need: an on-the-go snack that appeals to both adults and children.
Nestlé has published its results for 2021, which show total reported sales increased by 3.3% to CHF87.1bn ($94.55bn).
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.
The emissions of Europe’s 20 biggest meat and dairy corporations — including Danish Crown, Nestlé, Danone, Tönnies, FrieslandCampina and Coren — outstrip countries such as the Netherlands and Denmark, yet only three companies have committed to reduce...
Nestlé is launching its first ‘climate dairy farm’ in Germany.
A five-year investor engagement with 25 leading global food retailers and manufacturers on protein transition finds evidence of clear leadership and reports the number of firms adopting formal targets to grow their alternative protein offerings is on...
Pathways to Dairy Net Zero, a new climate initiative, is launching during Climate Week and just prior to the United Nations (UN) Food Systems Summit.
Nestlé says it is planning to support and accelerate the transition to a regenerative food system to protect and restore the environment, improve the livelihoods of farmers and enhance the well-being of farming communities.
Today, Nestlé officially inaugurated its largest R+D Accelerator, at the company's fundamental research center in Lausanne, Switzerland.
Rabobank has published its eagerly-awaited annual Global Dairy Top 20 report for 2021.
The UK group Action on Sugar is calling for a complete ban on child-friendly yogurt packaging and on misleading nutrition and health claims following its new product survey, which it said shows only 5% of yogurts with child-friendly packaging contain low...
Nestlé has published its annual compliance report on its policy on the responsible marketing of breastmilk substitutes.
The Brand Finance Food & Drink 2021 report is out, and in dairy, Yili recorded 11% brand value growth, widening the gap to second-placed Danone.
Nestlé is the first company in Vietnam to utilize SIG’s QR code closure solution “One Cap, One Code” for online marketing.
Global food giants and a group of UK supermarkets have teamed up with food and environmental scientists to form a new non-profit organization to issue front-of-pack environmental scores on food products from this September.
Access to Nutrition Initiative (ATNI) has launched its fourth assessment of the marketing policies and practices of the world’s largest manufacturers of formulas and foods for infants and young children.
The Nestlé R&D Accelerator is a global initiative first launched in April 2019 at Nestlé Research in Lausanne, Switzerland. Since then, more than 30 teams have completed the R&D Accelerator program by taking a product from a concept to the store shelf in...
The Asian dairy drinks alternatives sector is expected to grow year-on-year to 9.4bn liters by 2026 as Nestlé strengthens its presence with new product developments, according to data and analytics company GlobalData.
Today, Nestlé Indonesia started the construction of its new Nestlé Bandaraya factory in Batang, Central Java.
Nestlé said as consumers in Asia are including more dairy alternatives in their diet, it is launching plant-based versions of some of its brands in the region.
Nestlé USA has announced its Carnation facility in Modesto, California is the first dairy-processing facility in the US to earn certification under the Alliance for Water Stewardship (AWS) standard.
UK dairy cooperative First Milk, Nestlé and Agricarbon have announced the launch of a soil carbon capture project.
Nestlé is introducing bio-based lids and scoops made from sugar cane and its by-product for a range of its nutrition products for infants and children.
Nestlé and the Swiss Federal Institute of Technology in Zurich (ETH Zurich) are to explore interdisciplinary solutions to mitigate the effects of climate change while increasing nutritional quality and yield in dairy and crop farming.
Sri Lanka’s Minister of Agriculture Mahindananda Aluthgamage said in Parliament this week the government is aiming to make the country self-sufficient in liquid milk, and that this would be achieved within the next four years.
Nestlé has revealed its top priorities for Europe, the Middle East, and North Africa (MENA) to reach its 2050 net-zero climate goal.
Nestlé, Constellation Brands, Diageo, Keurig Dr Pepper, New Age Beverages and Pernod Ricard were the most acquisitive companies of 2020, according to the Zenith Global food and drink transactions database, with each responsible for five or more...
This week, we have three interviews. We feature conversations with Jamie Crummie, co-founder of Too Good To Go; Mark Tollman, group strategic sales director at Faerch Group; and Miguel Freitas, PhD, nutrition scientist at Danone.
Too Good To Go, a UK anti-food-waste company, has partnered with a range of food companies – including those in dairy – to tackle date label confusion and help eliminate food waste.
Nestlé has formed a new partnership in Indonesia with Plug and Play, a global innovation platform headquartered in Silicon Valley to drive innovation efforts across Southeast Asia.