Both brands were created by established chefs.

Nestle appears more focused on reducing rather than increasing its exposure to food. 

Company is transitioning from portfolio reshaping to growth.

Food and beverages experienced the biggest decrease, with brand-new products representing 26% of launches from January through May 2024.

Continues to hold top spot since first report from 2015.

Incoming CEO highlights his priorities for the world’s largest food company.
 

Leadership change slated to take effect Sept. 1.
 

Companies are developing more products that align with the trend.
 

Consumers continue to seek value via promotions.

New savory products from Kellanova, Campbell Soup Co. and more.