A New Playbook for Innovation at Nestlé
Nestlé is fast tracking product development with approaches that include more of a focus on tapping internal expertise.
Nestlé SA has accelerated its development process by 60% since 2016, and between 2020 and 2021 it tested and launched 12% more innovations, most of which the company believes brought meaningful differentiation to the market.
But there’s no resting on laurels here. The Swiss-based CPG titan is still pressing the pace of internal innovation. “We’re moving more rapidly and taking more risks,” says Doug Munk, senior director for new business ventures for Nestlé USA. The pace of technological change a…
Manual Feature
Latest News
Investing at the Intersection of Food, Health, Resilience, and Innovation
Thomas van den Boezem of PeakBridge discusses food and agriculture venture capital investment trends.
5 Questions for Investor and Innovator Chuck Templeton
S2G Investments Managing Partner Chuck Templeton shares his take on the current food system investment climate.
Fish Protein Startup Boosts Nutrition in Rwanda
This Food Science for Relief and Development column discusses a dried fish protein production startup in Rwanda.
How GLP-1 Drugs Drive Innovation
A product development expert explains how the swift rise of these anti-obesity medications is fueling new food trends.
What’s Red-Hot in Food Dye Substitutes?
The author explores the history and current state of synthetic color and food dye regulations in the United States and suggests the top considerations for product developers when reformulating food and beverage products.