Nestlé`s R&D Accelerator Program: Driving the Future of Innovation in the Food Sector
| Case Code: LDEN180 Case Length: 7 Pages Period: Pub Date: 2022 Teaching Note: Available |
Price: Rs.300 Organization : Nestle Industry :Food & Beverage Countries : Switzerland Themes: Innovation, Sustainability , Emerging Technologies, |
Abstract Case Intro 1 Case Intro 2 Excerpts
Company Background
Nestlé had its origins in Vevey, Switzerland, in the mid-1860s. In 1886, a condensed milk factory was started by two brothers, Charles and George Page. As Switzerland had an abundant supply of fresh milk, the condensed milk factory was started under the name Anglo-Swiss Condensed Milk Company. In 1867, Henri Nestlé developed an infant baby food which was milk based and began marketing it for infants who showed intolerance to their mother’s milk. By the year 1875, Nestlé’s products were being sold across the globe in countries such as the US, Argentina, Indonesia, and Egypt. In 1904, Nestlé started selling chocolates after taking over the export sales of chocolate company Peter & Kohler..
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