Is Nestle Progressing in its Pursuit to Become a Health and Nutrition Powerhouse?

How is Nestle progressing in its pursuit to become a health and nutrition powerhouse? In recent years, CPG giants have scrambled to add more health and nutrition brands into their portfolios, as consumers spend more on these categories. When CEO Mark Schneider joined Nestle in 2016, he brought a unique perspective because of his healthcare industry experience. In my opinion, this changed the long-term trajectory of Nestle. No longer would it be just another CPG portfolio that’s anchored to slower-growing legacy food and beverage products that in-part made Americans a “sick society.” Nestle would instead pivot to become a health and nutrition powerhouse that would be a part of the solution. If you aren’t familiar, Nestle actually has a ~$4 billion segment called Nestle Health Science that contains a number of brands in three categories; Medical Nutrition, Consumer Care, and Pharmaceuticals. This brand portfolio has grown substantially in the last 2-3 years, and it will continue growing once The Bountiful Company acquisition is finalized later this year. In this podcast episode, I'll cover what Nestle's near-term focus is and how it folds into a larger long-term vision.