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"Coming Together Is A Beginning, Staying Together Is Progress, and Working Together Is Success". Another giant player planning to take the in-organic route to diversification. Britannia's corporate strategy must be eyeing to leverage its resources and capabilities from other established categories in order to develop competencies in the chocolates, fresh diaries, and salty snacks categories. Unarguably, joint ventures can offer shared resources, expertise, risk mitigation benefits, and economies of scale, making them an attractive option for companies seeking to enter new markets or product categories. Overall, this initiative signals Britannia's proactive approach to growth and adaptation in a dynamic and competitive market landscape. What are your thoughts? Is this a step in the right direction by BRITTANIA? #business #jointventures #inorganicgrowth #linkedin #successstrategies #corporatestrategy

Nestlé S.A. is the world's largest food company and the largest industrial company in Switzerland. The head office is in Vevey, The company's portfolio includes over 2000 food and beverage brands such as: Nestea, Nespresso, Buitoni, Nesquik, Perrier, Chocapic and Crunch. Revenue for Nestlé (NESN.SW) Revenue in 2022:  $102.59 B According to Nestlé's latest financial reports the company's current revenue (TTM) is $102.59 B. In 2022 the company made a revenue of $102.59 B an increase over the years 2021 revenue that were of $95.73 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted. #business #finance #Analysis #economics #Nestle Nestlé #revenue #market

When P&G decided to take on soda giants Coke and Pepsi in their own backyard, they knew a regular approach would fall flat. They innovated on a fundamental aspect - the 1st moment of truth. The 1st moment of truth is the moment when a consumer chooses a product over the other competitor's offerings. This recognition of the importance of the shelf underlines the power of packaging. When San Pellegrino was launched they introduced it with a foil covering on the can. As well as being distinctive, it was differentiating too. Distinctive, as it had never seen before on cans before. The foil also increased the real estate on the can that can be used for branding - which San Pelligrino used well to evoke a premium product. Differentiating, as it caused a new problem for the competition - the idea of a dirty can top. Who knew who (or what) had touched the surface of the can you were about to put in your mouth? It instantly created a perception of San Pellegrino being a premium and hygienic product. The covered-can introduction generated a 30-percent sales increase in Europe, according to Nestle Waters' Italian Business Unit. A great example of creative thinking driving business success. Always look to disrupt category norms while thinking of creating growth, and more than often you will succeed. #businessstrategy #growthstrategy #creativethinking

Nestle maintains its position as the world's most valuable food brand in Brand Finance's annual report. Analyzed factors include brand strength, revenue, and royalty rates to determine brand value. Nestle's brand value increases by 8% to $22.4 billion. Acknowledged for strong sales growth, plant-based innovations, and success in the coffee business. Strong sales growth across the brand portfolio. Plant-based product innovations, including whole grain cookie dough and non-dairy milks. Nespresso recognized as the fastest-growing non-alcoholic drink brand globally. Success of Nestle's coffee business with high single-digit growth in organic sales. Nespresso's value increases by 208% to $2.9 billion. Project Tasty SKU rationalization program aids in identifying consumer preferences. Reduction of portfolio complexity and increased availability of high-performing SKUs. Positive impact expected for fiscal 2023. Yili ranks as the second most valuable food brand, fueled by domestic and international sales growth. Snack category sees significant growth, with Frito-Lay brands and Want Want among the top performers. Coca-Cola retains its position as the most valuable non-alcoholic beverage brand. Nestle's global reputation and legacy of success acknowledged in the report. Continued ability to meet evolving consumer preferences and launch innovative products. Nestle's ability to set new benchmarks and inspire trust among consumers highlighted. Recognition of Nestle's rich heritage and portfolio of trusted brands. #Nestle #BrandValue #FoodIndustry #BrandFinance #Innovation #ProjectTasty #CoffeeBusiness #PlantBasedInnovation #SKU #GlobalRecognition #SnackCategory #CocaCola #Yili #foodbrands

🤝 𝐌𝐨𝐧𝐝𝐞𝐥𝐞𝐳 𝐚𝐧𝐝 𝐋𝐨𝐭𝐮𝐬 𝐁𝐢𝐬𝐜𝐨𝐟𝐟 𝐀𝐧𝐧𝐨𝐮𝐧𝐜𝐞 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩 🍫 Following the fascinating announcement last week that Mondelēz International and Lotus Bakeries (Biscoff) are partnering to launch new products, Robert Lawson, Managing Partner at Food Strategy Associates cast his view on what may lie ahead in Just Food. "𝘛𝘩𝘦𝘳𝘦’𝘴 𝘯𝘰𝘵𝘩𝘪𝘯𝘨 𝘪𝘯 𝘵𝘩𝘦𝘪𝘳 𝘱𝘰𝘳𝘵𝘧𝘰𝘭𝘪𝘰 𝘸𝘩𝘪𝘤𝘩 𝘐 𝘸𝘰𝘶𝘭𝘥 𝘵𝘩𝘪𝘯𝘬 𝘵𝘩𝘦𝘺 𝘸𝘰𝘶𝘭𝘥 𝘷𝘪𝘦𝘸 𝘢𝘴 𝘤𝘰𝘮𝘱𝘦𝘵𝘪𝘯𝘨 𝘥𝘪𝘳𝘦𝘤𝘵𝘭𝘺 𝘢𝘯𝘥 𝘵𝘩𝘦𝘳𝘦𝘪𝘯 𝘭𝘪𝘦𝘴 𝘵𝘩𝘦 𝘲𝘶𝘦𝘴𝘵𝘪𝘰𝘯: 𝘪𝘴 𝘵𝘩𝘪𝘴 𝘢 𝘧𝘪𝘳𝘴𝘵 𝘳𝘰𝘶𝘵𝘦 𝘵𝘰 𝘴𝘦𝘦 𝘪𝘧 𝘵𝘩𝘦𝘺 𝘨𝘦𝘵 𝘰𝘯 𝘸𝘦𝘭𝘭 𝘵𝘰𝘨𝘦𝘵𝘩𝘦𝘳 𝘢𝘯𝘥 𝘢𝘯 𝘦𝘷𝘦𝘯𝘵𝘶𝘢𝘭 𝘢𝘤𝘲𝘶𝘪𝘴𝘪𝘵𝘪𝘰𝘯?" Link to the article and Robert's full view in the comments below. Food Strategy Associates are seasoned experts in the global Snacking category. With >150 years of combined industry experience in our Senior Team, and having supported >50 strategy and transaction-related projects in the space, we are better placed than anyone to assist with the challenges your Snacking business faces. Please get in touch to learn more about our credentials in the space and how we can help you today. #snacking #foodandbeverage #strategy

#Whiskey Market is estimated to Grow at the Highest Growth Rate till 2022-2030 https://lnkd.in/d9UzSBWF The market is primarily driven by innovation and advancement in the #manufacturing process along with increase in the number of #whiskey distilleries across the #globe. Furthermore, rising #demand for premium and super-premium #whiskeys across #globe and growing #trend of late night party among youngster are also considered as a driving #factor of market growth. Diageo Capital plc Bacardi - Martini India Limited. Suntory PepsiCo Vietnam Beverage The Brown Family Asahi Group Holdings William Grant & Sons THE EDRINGTON GROUP LIMITED Allied Blenders & Distillers Pvt. Ltd. Constellation Brands #beverage #market #marketgrowth #marketshare #food #manufacturingprocess #rising #innovation #increase #premium #brands #across

The FMCG beverage industry is an exciting and competitive landscape, marked by rapid innovation and shifting consumer preferences. Two companies leading the charge in this sector are PepsiCo and Varun Beverages Ltd, each making significant strides in growth, sustainability, and market presence. 🔹 **Industry Trends**: Consumers are increasingly seeking healthier, functional, and sustainable beverage options. This shift is driving companies to innovate with new products and adopt greener practices. 🔹 **PepsiCo’s Leadership**: 1. **Product Innovation**: PepsiCo is expanding its portfolio with health-centric options like Bubly sparkling water and functional beverages. The acquisition of SodaStream is a strategic move to tap into the home carbonation trend. 2. **Sustainability**: Through its “pep+” (PepsiCo Positive) initiative, PepsiCo is committed to reducing plastic usage, enhancing water efficiency, and lowering greenhouse gas emissions. 3. **Digital Transformation**: Leveraging digital tools and e-commerce, PepsiCo is enhancing consumer experiences and utilizing data analytics for strategic decisions. 🔹 **Varun Beverages Ltd’s Growth**: 1. **Strategic Expansion**: As one of PepsiCo’s largest bottling partners, Varun Beverages Ltd has expanded its footprint across various regions, focusing on high-growth markets in Africa and South Asia. 2. **Operational Excellence**: The company continues to invest in state-of-the-art manufacturing facilities and supply chain efficiencies to ensure product quality and availability. 3. **Sustainability Focus**: Varun Beverages is also committed to sustainable practices, including water conservation initiatives and energy-efficient operations. 🔹 **Synergy and Impact**: The collaboration between PepsiCo and Varun Beverages Ltd exemplifies a powerful synergy in the FMCG beverage industry. PepsiCo’s brand strength and innovation, combined with Varun Beverages’ extensive bottling and distribution capabilities, ensure a robust market presence and continuous growth. As the beverage industry continues to evolve, the combined efforts of PepsiCo and Varun Beverages Ltd in innovation, sustainability, and market expansion position them as formidable leaders. #FMCG #BeverageIndustry #PepsiCo #Innovation #Sustainability #Growth VARUN BEVERAGES LIMITED

🤯 That’s a HUGE number …🤯 According Mondelēz International’s recent State of Snacking: Future Trends report, « Approximately 63% of global consumers now seek snacks that reduce environmental impact ». We don’t need a calculator to know that 63% of global consumers is a lot of people … 🤯 If you’re a retailer, wholesaler or distributor that cares about a stat like that - we have an award winning innovation that caters to the 63%👌 #innovation #sustainability #environment #compostable #snack #cpg #popcorn Sobeys Loblaw Companies Limited Kroger KeHE Distributors Circle K Couche-Tard WAM Group LAYS Mondelēz International Conagra Brands UNFI UNFI Canada Joseph Zeppilli John Giove, CPA The Hershey Company Bimbo Canada

An Australian Industry Group (Ai Group) member recently named Business of the Year will this week become Australia's largest independently owned producer of snack bars. Fresh from scooping the Large Business Award at the Commerce Ballarat Business Excellence Awards then going on to be named Business of the Year, Ferndale Foods Australia is starting production at its new $21million FoodLine Australia facility. The factory — the company’s third — will initially manufacture for others, but Ferndale’s ultimate goal is to launch its own range of ‘better for you’ treats. Ferndale CEO Leigh Edward said: "When Ferndale Confectionery was launched with flagship brands that were sugar-free and fat-free and had no artificial colours or flavours, we spent the next 15 years trying to tell people that healthy confectionery was better for you — something they should try and eat.  “But people generally didn't understand it and generally didn't care. “It wasn’t until the past eight or nine years that Ferndale grew. Last year, it grew at the fastest rate in its 28-year history. “We did that with the same products, the same messaging and the same ingredients. The only thing that's changed is consumers’ buying habits; they’re now demanding ‘better for you’. “We were ahead of our time.” Read more in our latest Member Story. ⬇ #aigroup #confectionery #regionalmanufacturing #ballarat #memberengagement #memberstories Bruce Edward Jenny Berry Wendy Larter Jennifer Thompson Tim Piper AM

I recently attended a workshop organized by Nestlé, which included Sales Trainers, Area Manager, Sales Officers, and Sales Representatives. Over the past nine months, I’ve gained valuable insights at Nestlé, a leading food and beverage brand: 1. *Sales Demonstration* - The sales team is crucial for representing and selling the products developed by scientists and engineers. 2. *Brand Visibility* - Ensuring our products are prominently displayed to consumers is essential, beyond just placing them in outlets. 3. *Product Pitching* - Highlighting our products’ unique features, like Maggi Noodles, helps attract and persuade customers.s 4. *Innovation* - Adapting to change consumer preferences by introducing new flavors and products is vital for staying ahead. 5. *Timely Distribution* - Meeting delivery promises is critical in a competitive market. These principles are key to long-term success, and Nestlé excels at them. Thanks to ASM Sir and the team for this insightful workshop. #Nestlé #SalesExcellence #BrandVisibility #ProductInnovation #CustomerEngagement #MarketLeadership #ProfessionalGrowth #IndustryInsights #SalesWorkshop #CareerDevelopment