Nils-Gerrit Wunsch
Research expert covering foods trends in North America, Europe, and the global food system
Get in touch with us nowThe Nestlé Group’s net profit rose from about 7.2 billion in 2017 to roughly 11.3 billion Swiss Francs in 2023. Nestlé is one of the world’s largest food and beverage companies, accounting for over 2000 brands in over 180 countries.
Nestlé is a multinational food and drink corporation based in Vaud, Switzerland. In 2019, the Swiss company generated about 45 percent of its global sales in the Americas, Nestlé’s largest market. Roughly 30 percent was earned in Europe that year. The Middle East, and North Africa followed with about 26 percent.
In 2021, Nestlé Group’s top-selling products based on global sales were powdered and liquid beverages, which made almost 24 billion Swiss Francs that year. PetCare stood in second place with just under 16 billion Swiss Francs. In terms of, organic sales growth, PetCare is the fastest growing category.
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