Nestle Personalized Nutrition Expands In Americas, Health Science Business Revenues Grow In Q1
Nestle expands its personalized nutrition offerings in the Americas with nesQino, featuring a digital app to make hot or cold beverages. It also reported consumer stockpiling boost its first-quarter Health Science sales. It continues to seek acquisitions, despite COVID-19 epidemic's drag on economic markets.
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Nestle Health Science acquires IM HealthScience, marketer of medical foods IBgard and FDgard as well as prebiotic and sleep aid supplements. The deal is second recent US consumer health addition for the firm after it said 2020 would be “‘more vigorous” year for acquisitions despite the COVID-19 pandemic.
Swiss confections, food and nutritional products giant launches Nestlé Cerevita Instant Sour Porridge as affordable nutrition for consumers in Southeast Africa. With micronutrients often lacking in consumers’ diets there, it was developed in about one year by scientists at Nestlé's R&D center in Côte d'Ivoire.
Nestle Health Science has majority stake in US firm that started offering a powder blend for beverages containing vitamin C, collagen, L glutamine, zinc, electrolytes and beta glucan earlier in 2020, when consumer interest spiked in boosting immunity health.