Spinach & Atta Maggi and Fruit O’Nuts Munch could be seen on retail shelves if a leaked internal memo of the company holds good. The company, along with many other Food firms worldwide has been under fire for inculcating unhealthy options from a young age which leads to obesity, Type 1 Diabetes among children among other such lifestyle diseases.
Mark Schneider, CEO, Nestle SA and his team are working closely to acquire several start-ups and companies which make / sell nutritional supplements and vitamins while the company has been restructuring it’s business verticals in the US and China.
Almost 50% of it’s business arises from milk and nutrition products such as Cerelac, Nourish, Minutemaid, Everyday among others and only 10% from caffeine and beverages such as Milo, Sunrise & Nescafe. The balance business arises mostly out of packaged processed food ranging from noodles, soups, ketchup, chocolates and so on.
The company acknowledged that it is reviewing its strategy. “We are looking at our entire portfolio across the different phases of people’s lives to ensure our products are helping meet their nutritional needs and supporting a balanced diet. Our efforts build on a strong foundation of work over decades to improve the nutritional footprint of our products. For example, we have reduced sugar and sodium in our products significantly in the past two decades, about 14-15% in the past seven years alone,” Nestle SA said in a statement.