We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
ACCEPT Reject
Already have an account? Sign in.

 Remember Me | Forgot Your Password?
Home Manage Alerts Archive Archive About Us Register Now   Not a User? Join now

Nestlé Hopes New Drinks For Elderly Will Bolster Sagging Nutrition Sales

January 17, 2010: 03:48 AM EST
Struggling to breathe new life into its nutrition business in the face of tough competition from Danone SA, Swiss food giant Nestlé SA said it is unveiling a line of drinks created to fight the malnutrition problem in the world’s elderly population. The $174 billion health and medical nutrition market is growing at nine percent a year, but Nestlé’s sales are not keeping pace, according to analysts cited in this Bloomberg report. Nestlé, which recently purchased two Kraft Foods pizza lines, could become “just another” food company if it buys more businesses outside of nutrition, one analyst said.
Tom Mulier, "Nestle Targets Malnutrition in Elderly to Fight Danone’s Gains", Business Week, January 17, 2010, © BLOOMBERG L.P.
Domains
Innovation
Sectors
Beverages
Food
Geographies
Worldwide
North America
EMEA
Asia-Pacific
Latin America
United States of America
Europe
Australia
Philippines
United Kingdom
France
Switzerland
Categories
Companies, Organizations
Market News
Marketing & Advertising
Products & Brands
Research, Studies, Advice
Home | Privacy Policy | Terms and Conditions | Contact Us Copyright © 2000-2023 Business360 Inc. All Rights Reserved
Developed by Yuri Ingultsov Software Lab.