Nils-Gerrit Wunsch
Research expert covering foods trends in North America, Europe, and the global food system
Get in touch with us nowGlobal sales of the Nestlé Group 2005-2023
In 2023, the Nestlé Group generated sales of about 93 billion CHF worldwide. Nestlé is a multinational consumer goods company, headquartered in Vevey, Switzerland.
Nestlé
Nestlé S.A. is the largest manufacturer of consumer goods worldwide. The Swiss-based company has factories in more than 86 countries, sells products in more than 196 countries and employs about 291,000 people around the world. Nestlé’s headquarters are in Vevey, Switzerland.
The company was founded with the merger of the Anglo-Swiss Condensed Milk Corporation and Farine Lactée Henri Nestlé in 1905. The company can look back on its first milestone when Henri Nestlé, a Swiss pharmacist, pioneered in the field of infant nutrition with the development of the first milk-based infant cereal.
Today, the innovative product portfolio is vast and contains more than 2,000 global and local brands. It covers, among others, beverages such as coffee or water, infant and toddler foods and confectionery and ice cream. Most people know the food giant Nestlé through its strong and iconic brands such as Nescafé, Kitkat and Maggi to name a few. According to the company, it is committed to become the very best ‘Nutrition, Health, and Wellness Company’ within the coming years.
Nestlé is well positioned in its operating markets. Based on its latest annual report, the largest share of sales came from North and South America. The firm’s biggest international competitors worldwide include Unilever, PepsiCo, Mars Incorporated and Mondelez.
