Nestle Philippines Essay

Nestle, an international recognized multinational corporation is the world’s leading nutrition, Health and Wellness Company. Nestlé’s mission of “Good Food, Good Life” aims at providing customers with the finest quality of nutritional choices within a wide range of food and beverage classifications (NESTLÉ - Vassos Eliades. (n.d.). Retrieved from http://www.vassoseliades.com/consumer-goods/nestle.html, para. 1). The merger in 1905 between Nestle and the Anglo-Swiss Milk Company created the Nestle we know today. Nestle is one of the world’s largest suppliers of food and nutritional products operating with 461 factories in 83 countries, with 328,000 employees worldwide (Fries, Lorin, Goldberg, Ray, 2012. Nestle: Agricultural Material

Nestlé has to face huge competition from broad range of product categories. The competition, all the rougher as, Nestlé has to deal with multinational organizations competitors with similar range of products. Moreover, the company

The nestle had been a very reputed and key company in the market of milk and chocolates and food products, but it had been a long time since they had introduced anything new in the market. So they decided to enter in the market of Coffee machines manufacturing. Although being a multi-dollar Company but still their reputation was at stake as they had been serving the customer with the best possible quality in all aspects.

Competition in the Canadian coffee market was intense. More and more new competitors entered into the market, such as some specialty retailers. As the leader of the market, Kraft should consider to adjust its current strategy. The company should not only dominated traditional ground and whole bean coffee segment, but also invested in other niche market, like coffee pods segment.

It is important to note that Kraft Foods was the world leader in coffee sales, with 15% of the global market. In Canada, Maxwell House and Nabob brands combined to make up 32% of the market share. Nestle followed behind at 17% and Proctor & Gamble with 9%. Private labels accounted for nearly 23% of the market. Smaller companies accounted for the remaining 19% of the market. Maxwell House, which is a line of products by Kraft, was Canada’s top retail brand of roast and ground coffee. Nabob was second, but was the leader in western Canada.

The number of population, number of Muslim, health consciousness among Malaysian and hard pressed on time would provide social forces to Nestlé. Besides, the implementation of GST and depreciation of Malaysian ringgit would affect Nestlé sales. However, the rise in disposable income and consumer expenditure on foods shows a good sign for Nestlé to sell their products. Moreover, through installing new technologies in their factory, Nestlé had successfully reduce energy wastage. The

Nestle is the world's biggest food manufacturer, with well over 500 factories in 85 countries, and a portfolio that ranges from baby foods to pet care, from chocolate to mineral water. Its world-famous brands include Nescafe and Perrier, among many others. The group also owns a large shareholding in cosmetics company L'Oreal. As with other food companies, recent years have seen a greater concentration on a focused food and beverage business, its most successful line is its confectionery section.

Anglo-Swiss Condensed Milk Company in Bishop Street, Penang was the first Nestlé office. With the continuously growth and expansion, in 1939, the company built up in Kuala Lumpur as the headquarters in order to centralise nation-wide operation. Through Food Specialities (Malaya) Ltd, Nestle opened its first factory in Petaling Jaya in 1962. This factory mainly manufactures Milo powder, the famous chocolate-based beverage, culinary sauces, chilled dairy and milk powder. With the tremendously merging and cooperation within the Nestlé group and other companies such as Cold Storage Malaysia Berhad, Nutritional Products Sdn Bhd and Food Specialist Sdn Bhd. Today, there are many Nestlé products and sells over 300 Halal products in Malaysia. Brand name such as MILO®, NESCAFÉ®, MAGGI®, NESPRAY® and KIT KAT® also become famous and trusted food brand in this generation. It is proud to mention that Nestlé Malaysia is one of the strongest companies listed on the Bursa Malaysia. The honour of the company is mainly result from the operating principle, including provide quality, reliability and convenience product to the consumer, use of good quality local raw materials and at the same time protect the environment, ensure products produced are certified HALAL by authorised Islamic certification bodies and

Nestle is the world’s leading nutrition, health and wellness company. From Henri Nestlé’s humble beginnings with the first product, Farine Lactée, which revolutionized infant feeding, the company’s priorities have remained the same -about bringing high quality, safe and nutritious foods and beverages to people through all stages of life. In Nestle’s pursuit of delighting and satisfying the customers, Nestle’s products are adapted to meet local, regional taste preferences, religious and cultural sentiments and disparities in purchasing power.

The specialty coffee sector had expanded rapidly from 1970’s to the 1980 with annual sales rising from $45 million to $750 million (Bouclier, p.39)

Demographic - Nestle’ is for everybody, Nearly all age from young to old individuals can utilize nestle' items. And every one of the 6 continents are their client. For example, Nestle' fragment into various of age. For baby, they have Nestle' baby foods while youngsters can drink Milo, Nescafe or eat ice cream, chocolate and treats. In Vietnam, Nestle has the Maggi brand with numerous sorts of Asia sause, yet Maggi don't exist in England of the difference in the geographical taste. (Kumar et al, 2013, p.205)

Nestlé is the global leading nutrition, health and wellness company based in Switzerland. Its product line includes baby food, breakfast cereals, coffee, confectionery, dairy products, frozen food, pet foods, yoghurt and snacks with high revenues making it the world’s largest food company. Nestlé operates in 197 countries with over 340,000 employees, in 2014 its group sales account CHF 91.6 billion (USD 99.9 billion), whereas its trading operating profit is CHF 14 billion (USD 15 billion). “The Group’s net debt fell from CHF 14.7 billion to CHF 12.3 billion reflecting strong free cash flow during the year at CHF 14.1 billion more than offsetting the payment of the dividend of CHF 6.9 billion and the initial phase of the current share buy-back programme” (Nestle, 2014).

Since then the company has continued to flourish; mergers and acquisitions, global investment and product innovation have seen Nestlé position itself as a “global leader in Nutrition, Health and Wellness” (Nestlé, 2015) and, according to Forbes (2016), it is the largest company within the food industry and the 33rd ranked company on the Global 2000 (Forbes, 2016). Whilst renowned for chocolate, it did not become a global leader on the strength of one product. Its portfolio includes, baby food, beverages, frozen food, prepared dishes and healthcare nutrition. Food and beverages in particular have been prevalent in the aggrandizement of the corporation.

Growing middle classes in countries like in India and china can create extensive markets for Nestle

Nestle is a swiss multinational food and beverages company. Its headquarters is located at vevey, Switzerland. In terms of revenue it is largest food company in world. Nestle produces the portified products such as baby food ,bottled water ,breakfast cereals ,coffee ,tea ,dairy products ,ice cream ,frozen food ,pet foods ,and snacks .Nestle provided 167 billion servings of fortified products .Among them 29 brands of Nestle are getting turnover of $US1.1 billions. Nestle is one of main shareholders of L’OREAL company, the worlds largest cosmetic company.