Nestl\u00e9 is introducing a baking range targeted at convenience, kicking off with Brazil and China. <\/p>\n
The world’s largest food company said the desserts form part of its “modern cooking growth platform” and feature twin launches in the two markets. <\/p>\n
A Mo\u00e7a Pudding and Mo\u00e7a Brigadeir\u00e3o will roll out in Brazil, while Nestl\u00e9 Tiramis\u00f9 and Nestl\u00e9 Cheesecake will be launched in China. <\/p>\n
The packaged products provide a base mix for each of the desserts and require the addition of fruit, biscuits and other ingredients to deliver the final product, depending on the recipe concerned. Nestl\u00e9 claims the desserts take only 15 minutes of preparation. <\/p>\n
The group describes the range as “dessert culinary solutions” and will be supporting the launch through social and digital marketing, along with the input of local influencers. <\/p>\n
“Modern Cooking is a key growth platform for Nestl\u00e9,” Stephanie Arnesen, the head of its Dairy Culinary Solutions arm, said in a statement. <\/p>\n
Nestl\u00e9 said Dairy Culinary Solutions is part of its Food Strategic Business Unit. <\/p>\n
Modern cooking is part of the so-called growth platforms introduced by CEO Philipp Navratil when he took the helm a year ago, a Nestl\u00e9 spokesperson confirmed, adding Dairy Culinary Solutions falls within its foods and snacks business unit. <\/p>\n
Arnesen added: “We are taking one innovation platform, adapting it to local dessert cultures and launching it across multiple markets from the outset. <\/p>\n
“Combining global scale with local relevance is how we continue to grow and innovate. By bringing together our culinary expertise and deep understanding of consumer needs, we are helping consumers create delicious homemade desserts with greater confidence.” <\/p>\n
Discussing Nestl\u00e9’s first-half results in July, Navratil said he was targeting “sustained” organic growth and RIG of at least 4% and 2%, respectively. <\/p>\n
RIG, or real internal growth that strips out the effect of pricing from the organic numbers, is a key metric for Nestl\u00e9 closely monitored by investors. <\/p>\n
For the growth platforms, Navratil is aiming to deliver “high single-digit growth”, which, he said, “means accelerating our categories by stepping up investment in areas with the highest structural growth potential”. <\/p>\n
Those platforms registered growth of 7% in the first half. <\/p>\n
“Key to driving growth across the business is being deliberate about where and how we invest, and then relentlessly executing,” Navratil explained in July. <\/p>\n
“Investment in growth is much broader than marketing. Growth does not come from one lever alone. It comes from better products, stronger brands, the right value proposition, increased visibility in store and online, and clearer communications with consumers.” <\/p>\n