Posts tagged "Nestle"

Food is ‘getting cool’: Nestlé CTO Stefan Palzer’s top 7 predictions on the future of food

[30 August/Food Navigator] Accelerating consumer trends such as veganism and environmental concerns are bringing complexity to the food industry but also plenty of opportunities, according to Stefan Palzer, Chief of Technology at Nestle. Mr Palzer stated how plant-based nutrition is rapidly growing due to changes in consumer thinking. Another one of his predictions for the...

Nestlé Selects AI-Driven Analytics Firm Enterra To Build Platform for Marketing, Autonomous Sales

[16 July / Forbes] Nestlé has partnered with cognitive-computer company Enterra to use artificial-intelligence tools to transform the way they make decisions. Nestlé is going to deploy two Enterra software packages that provide advanced sales and marketing insights and automate complex decision-making. Enterra says that the new initiatives will focus on gathering a wide range...

‘Unlocking the pulp potential’: Nestlé recipe replaces refined sugar with cocoa pulp

(16 July/Food Navigator) Nestle has developed a new approach that allows it to extract cocoa pulp and use it to sweeten its chocolate products instead of refined sugar. Using only the pulp and cocoa beans, all the sugar is coming from the pulp without flavour or texture being compromised the company reports. A spokesperson for...

Nestlé diabetes diet programme in major supermarket trial

(5 July/Nutra Ingredients) A new weight management programme is being trialled by Nestle Health Science for people with type 2 diabetes and prediabetes across England. The program will appear in six Tesco stores around the country and will be built around a calorie intake of 800-850 per day. Participants will consume Optifast shakes, bars and...

Ground-breaking work by Nestlé research produces first recyclable paper packaging on snack bar

(2 July/Food Navigator) Nestle is claiming to have invented the world’s first recyclable packing for confectionery. The new wrapper is made of a coated paper that is recyclable with other paper. The paper itself comes from sustainable sources, certified by the Forest Stewardship Council (FSC). Lead for global confectionery R&D, Jas Scott de Martinville said...

Forget facts and figures

(5 July/Farmers Weekly) At the recent Primary Industries Summit, Nestle’s corporate head of agriculture Hans Johr commented that the future isn’t about facts and figures and farmers must collaborate if they are to survive. Johr stated that social media has the ability to bring consumer and farmer closing together and the farmers need to be...

Consumer groups increase calls for mandatory labelling as Nestlé adopts Nutri-score

[26 June/Food Navigator] Consumer groups reiterated calls for a mandatory Nutri-Score to be put on EU food business products after Nestle said that it was to support the labelling system in continental Europe. Emma Calvert, food policy officer at the European Consumer Organisation (BEUC) commented they are glad to see that Nestle has heeded the...

Nestle’s new plant-based Awesome Burger wants in on the fake-meat market

[03 June/Fast Company] The world’s largest food company Nestle is launching its own meat-like plant burger. The plant-based burger has been coined the Awesome Burger, and was developed by Sweet Earth, a brand acquired by Nestle in 2017. The brand already makes more traditional veggie burgers that do not mimic meat but have added the...

Nestlé Focuses on Factories, Procurement to Hit Cost-Cutting Goal

[24 May/The Wall Street Journal] Swiss consumer-goods giant Nestlé aims to generate up to USD$2.49 billion (approx. NZD $3.8 billion) in savings by 2020 with around half of these savings already made through boosting efficiency and centralising procurement. The company is scrutinizing its manufacturing footprint, consolidating procurement and simplifying its recipes to cut billions in...

Food companies including Nestlé, PepsiCo and Mondelez will phase out trans fats

[16 May/Food Dive] The dozen members of the International Food and Beverage Alliance have agreed to limit industrially produced trans-fat to 2 grams per 100 grams of fat or oil in their products by 2023. Nestlé, PepsiCo, Unilever and Mondelez are part of this alliance. The agreement was made in response to the World Health...

Nestle’s withdrawal of Garden Gourmet shows intense competition in UK plant-based

[16 April/Food Navigator] Nestle has confirmed it will remove its plant-based Garden Gourmet brand from shelves in the UK following initial trials. After less than a year since its launch, it is reported the brands UK performance did not meet expectations. Plant-based products in the U.K are in an increasingly competitive market. This decision is...

The Sustainable Food Policy Alliance Releases Climate Policy Principles

[10 April/Food Policy Alliance] The Sustainable Food Policy Alliance has released a set of climate policy principles that they have urged the U.S government to adopt. The principles are aimed at reducing greenhouse gas emissions whilst supporting the food and agriculture industries. Some of the things the alliance calls for is a carbon pricing system,...

Nestlé’s cold cuts business could attract interest from Smithfield, Tyson Foods

[10 April/Food Dive] Nestle is looking at selling Herta Charcuterie lunch-meat business in Europe, for anywhere from USD$800 million to USD$1 billion (approx. NZD$1.1 billion to $1.5 billion). The sale could possibly draw interest from companies such as Smithfield Foods, Tyson Foods and Cargill. The sale by Nestle comes as part of a renovation to...

‘Fastest growing markets’: Nestle 2018 growth in SEA headed by Vietnam and Indonesia

[10 April/Food Navigator] Nestle’s 2018 annual review has revealed that Vietnam and Indonesia were leading its rapid growth in South-East Asia last year. Milo and Bear Brand in particular are sought after by these markets. USD$21.4 billion (approx. NZD$31.6 billion) was made in total sales from what it classifies as Zone Asia, Oceania and sub-Saharan...

Kellogg to sell Keebler and Famous Amos to Ferrero for $1.3B

[01 April/Food Dive] Kelloggs is selling selected cookies, fruit and fruit-flavored snacks, pie crusts and ice cream cones to Ferrero for USD$1.3 billion (approx. NZD $1.95 billion). In 2018, the companies being sold posted net sales of nearly USD$900 million (approx. NZD $1.3 billion), with the transaction expected to close by the end of July. Ferrero...

Nestlé to create Institute of Packaging Sciences to tackle global waste problem

[6 December/FoodNavigator] Nestlé says it will research recyclable, biodegradable and compostable polymers, functional paper, new packaging concepts and technologies to increase the recyclability of plastic packaging. This is part of a programme of work which will be tested in different product categories before rolling it out across the group’s global portfolio. A spokesperson for Nestle...

Nestle set to launch A2 formula in New Zealand and Australia

[11 October/The Country] A2 Milk’s would have to contend with competition when Nestle rolled out an a1-beta free product in the next two months. It launched an A2 beta protein formula in China earlier this year. Category Business Head for Nestle, Tarun Malkani, said the product had met expectations in China with the intention of...

Nestle aims to shed skin unit to focus on food, nutrition

[20 September/Reuters] Nestle is reviewing its business portfolio and has put its skin health unit up for sale. It said it was exploring strategic options for the unit and its future growth opportunities were increasingly outside the group’s strategic scope. Nestle also sold its Gerber Life Insurance business for $1.55 billion. The skin health unit...

Nestle will use satellites to protect palm oil supply chain from deforestation

[17 September/Food Dive] Nestle will use a satellite monitoring service to limit deforestation in its palm oil supply chain. They would use the Starling satellite service which had been developed by Airbus and The Forest Trust. It would monitor the company’s global palm oil supply chain to provide high-resolution radar and satellite imagery that documented...

Nestle’s personalized nutrition pilot taps AI, uses consumer DNA

[5 September/Food Dive] Nestle is piloting a personalised nutrition program called Wellness Ambassador in Japan. It contains artificial intelligence, DNA testing, and meal analysis to collect consumer data on diet and health. It would then tailor food products to meet the specifications. There were 100,000 participants in the program in Japan. They were able to...

Rabobank issues Global Dairy Top 20 – no new entries and Nestle stays top

[26 July/Dairy Reporter] According to a Rabobank Research report, dairy price recovery in 2017 positively affected the turnover of the top 20 companies. Rabobank Senior Analyst, Peter Coppes, said for the second year running there were no new entrants into the Dairy Top 20 list. The USD5 billion threshold was hard to achieve due to...

Danone, Mars, Nestle and Unilever launch sustainable food policy alliance

[13 July/Food Dive] Danone North America, Mars, Nestle USA and Unilever USA have joined together to create a Sustainable Food Policy Alliance. They said the partnership was focused on driving progress in public policies that shaped what people ate and how it impacted their health, communities, and the planet. The alliance members added that they...

Brand Finance reveals top 5 dairy brands

[27 June/Dairy Reporter] According to a report by Brand Finance, Nestle dominated the food brand rankings, however Chinese dairy company Yili had seen an impressive increase in value. Nestle claimed the title of the world’s most valuable food brand at more than double the value of the second ranked brand. Dairy was one of the...

Conagra to buy Pinnacle for USD8.1 billion, creating frozen food powerhouse

[27 June/Reuters] Conagra said it would buy Pinnacle Foods for about $8.1 billion in an attempt to obtain a bigger share of the snack and frozen food markets amid fierce competition in the packaged food industry. The deal would make Conagra the second largest U.S. frozen food maker after Nestle. They had been investing aggressively...