Tag: Nestle

Rabobank 2021 Global Dairy Top 20 Report released

On August 25th, 2021, Rabobank of the Netherlands released its annual Global Dairy Top 20 Report. Dairy giant Yili Group once again clinched the fifth spot following the previous year, remaining leader of Asia for the eighth consecutive year as the only Asian dairy company among the Top 5. With the Covid-19 pandemic still raging across the world, Yili has […]

Nestle India net profit rises 10.68% to ₹538.5 crore in June quarter

Nestle India on Wednesday posted a 10.68% increase in its net profit to ₹538.5 crore for the quarter ended June 30. The company, which follows the January-December financial year, had reported a net profit of ₹486.60 crore in the year-earlier period. However, on a sequential basis, the company’s profits were down 10.5% from ₹602.2 crore […]

Nestle is looking to offer healthier options to consumers in India

Faced with over 60% of its product portfolio falling into the “unhealthy” segment, Swiss food giant Nestle  is looking to reduce the sodium content and launch new products that offer healthier options to consumers in India as well as globally. A leaked internal document has prompted the company — which has milk, instant noodles, soups, […]

Nestlé launches dairy-free Milo in Asia as dairy alternatives segment grows

Swiss food giant Nestlé is launching plant-based versions of some of its most-loved brands in Asia as consumers include more dairy alternatives in their diet.  That now has a new plant-based version of Milo, the world’s leading chocolate malt beverage. This new version replaces the milk in the original recipe with almond and soy, but […]

Nestlé launches dairy-free Milo in Asia as dairy alternatives segment grows

Swiss food giant Nestlé is launching plant-based versions of some of its most-loved brands in Asia as consumers include more dairy alternatives in their diet.  That now has a new plant-based version of Milo, the world’s leading chocolate malt beverage. This new version replaces the milk in the original recipe with almond and soy, but […]

India is considered to be No 1 potential chocolate market of the world

India has long been known for its love affair with sugar. Sweets play a major role in festivals and family celebrations and delicacies such as gulab jamun — fried dough balls soaked in syrup —and barfi —made with condensed milk — are popular gifts. Not only is India the world’s biggest consumer of sugar, it’s […]

Nestlé India is looking to expand its footprint in the rural markets

Amid subdued growth in the urban markets, Nestlé India is looking to aggressively expand its footprint in the rural markets, with a target to reach 1,20,000 villages in the next 2-3 years, bolstered by targeted products as well as campaigns, Suresh Narayanan, Chairman and Managing Director, Nestlé India said. Speaking to select mediapersons, Mr. Narayanan […]

Nestle Registers Single-Digit Growth In Indian Market For 2nd Quarter

Swiss food and drink company Nestle has reported a ‘mid-single-digit growth’ in the Indian market in the July-September quarter, helped by its popular brands Maggi, Nescafe and KitKat. Overall, the South Asian market has”continued to perform well”, Nestle said on Wednesday in its post earning statement. “India posted strong mid-single-digit growth, with good momentum in […]