Nestlé`s R&D Accelerator Program: Driving the Future of Innovation in the Food Sector

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,
Nestlé`s R&D Accelerator Program: Driving the Future of Innovation in the Food Sector
Abstract Case Intro 1 Case Intro 2 Excerpts

Introduction

On September 29, 2020, Nestlé S. A. (Nestlé), one of the world’s largest food and beverage companies, announced the setting up of its new R&D accelerator in Switzerland. The R&D accelerator was started to create innovative products with speed-to-market features in sustainable dairy, including diary alternatives which were plant based.

Nestlé’s new R&D accelerator was located in its R&D center at Konolfingen, Switzerland. The accelerator aimed to provide a world class setup to students, scientists, and startups to utilize the dairy and plant protein know-how of Nestlé to create products in a short period of time.

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