Food
Nestlé performed better than expected in the first quarter. Increased demand for coffee and baked goods boosted sales.
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The implosion of the AgeCore alliance is sharpening the conflict of interests between supermarkets and brand manufacturers: multinationals are demanding action against abuse of power, while food retailers are defending the free market. Warning: even bigger buying groups may be in the making.
Noticing the exploding sales of meat substitutes, Nestlé will ramp up investments in Garden Gourmet. "We see a huge potential. We are at a tipping point, a unique opportunity to play a leading part in society."
The future of European retail alliance AgeCore is highly uncertain now that German supermarket chain Edeka is cancelling its membership. One of the reasons is a lawsuit in France about possible abuse of power.
Swiss food giant Nestlé is launching lids and spoons made from sugarcane, and use this renewable material for its NAN baby food and medical nutrition products.
Nestlé acquires SimplyCook, a British producer of recipe kits. For the FMCG giant, it is a new step in the direct-to-consumer market.
It will not be easy for food retailers to beat the record figures they recorded in the corona year 2020, but in any case, the pandemic has amplified some trends that will determine the food sector this year and in the years to come. An analysis.
For the third year in a row, Coca-Cola, PepsiCo and Nestlé have been declared the largest plastic polluters in the world by the Break Free From Plastic movement.
Nestlé is investing almost three billion euros in the fight against global warming. The Swiss food giant focuses on regenerative agriculture and renewable energy to be completely carbon-neutral by 2050.
Nestlé takes a majority stake in Mindful Chef, a British supplier of healthy meal boxes and frozen meals. Waitrose also had an appetite for the meal supplier.
Nestlé may be winning the corona crisis. The FMCG manufacturer is raising its expectations for 2020, after reporting comparable growth of 4.9% in the past quarter.
Coffee and tea giant JDE Peet's (Douwe Egberts) wants to significantly increase the production of aluminium coffee capsules in the coming months. Partly as a result of the corona crisis, demand for such capsules is rising sharply. Competitor Nestlé (Nespresso) also announced a production increase earlier.
European Parliament is voting this week on a possible ban on terms such as 'veggie burger' and 'vegan sausages'. According to the meat industry, such terms only confuse consumers.
With the opening of a new research centre, Nestlé reinforces its ambitions to innovate even faster with sustainable dairy products and plant-based alternatives.
Now that Nestlé can no longer call its "just like real" plant-based burger Incredible, the name changes to "Sensational". The burger comes with an improved recipe.
British consumers can get their fix of Nestlé snacks, candy and coffee delivered to their doorstep, thanks to a new collaboration with Deliveroo.
