Industry News
2/23/2021
Nestle

Nestle's double-digit growth in plant-based sales in 2020, which includes a nearly 60% sales increase for its Garden Gourmet brand, indicates this category is "a once in a generation opportunity" to revitalize the packaged-foods business, said CEO Mark Schneider. "[W]hen you look at where we use these ingredients, to then make more attractive downstream offerings, like frozen pizza with plant-based toppings or frozen meals or other prepared dishes, then it's a much bigger opportunity," he added.

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