Nestlé is one of the world’s largest food and beverage companies, founded in 1867 in Switzerland. It started with baby food production but has since expanded to offer over 2000 brands, including Nescafé, Nespresso, KitKat, Maggi, Purina, Gerber, and many more. (nestle.com)
🌍 Global Presence
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Sales: CHF 93.0 billion in 2023. (nestle.com)
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Factories: 340 factories in 76 countries. (nestle.com)
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Employees: Approximately 270,000 people worldwide. (nestle.com)
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Products: Sold in 188 countries. (nestle.com)
🍽️ Key Product Categories
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Beverages: Nescafé, Nespresso.
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Chocolate and Confectionery: KitKat, Smarties.
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Baby Food: Gerber, Nestlé Baby.
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Pet Food: Purina.
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Health and Nutrition: Nestlé Health Science.
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Dairy Products and Ice Cream: Maggi, Haagen-Dazs.
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Water: Vittel, San Pellegrino.
📈 Financial Overview (2023)
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Sales by Region:
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North America: 35%
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Europe: 24%
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Asia, Oceania, Africa: 21%
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Latin America: 14%
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Greater China: 6%
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Product Categories by Sales:
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Beverages (powdered and liquid): CHF 24.8 billion.
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Pet Food: CHF 18.9 billion.
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Health and Nutrition: CHF 15.3 billion.
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Prepared Meals and Culinary Products: CHF 11.7 billion.
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Dairy and Ice Cream: CHF 11.0 billion.
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Confectionery: CHF 8.1 billion.
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Water: CHF 3.3 billion. (nestle.com)
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🌱 Sustainability and Innovation
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Goal: Achieve carbon neutrality by 2050.
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Energy: 91.9% of electricity at manufacturing sites comes from renewable sources.
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Research & Development: Annual investment of CHF 1.7 billion, with 23 research centers worldwide.
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Micronutrient-enriched products: 127.6 billion servings delivered in 2023. (nestle.com)
👥 Leadership
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CEO: Laurent Freixe (appointed September 2024). (en.wikipedia.org)
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Chairman: Paul Bulcke.
⚠️ Criticism and Issues
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Baby Food Marketing: In the 1970s, Nestlé faced a boycott for aggressively marketing breast milk substitutes in developing countries. (en.wikipedia.org)
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Environmental Issues: Accusations of deforestation for cocoa farming in Ivory Coast and Ghana. (en.wikipedia.org)
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Water Management: Criticism for extracting water in drought-prone regions like indigenous reservations in the US. (en.wikipedia.org)