Demand For Immunity Boosters Lifts Nestlé Health Science
Nestlé Health Science saw sales rise double digits in 2020 thanks to higher demand for health and immunity products during the pandemic.
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Nestlé Health Science is acquiring hydration supplements specialist Nuun, which claims to be the number-one selling sports drink supplement brand in running, cycling, outdoor and natural foods stores in the US.
Nestlé is poised to add to its Health Science portfolio the Nature's Bounty, Solgar, Osteo Bi-Flex and Puritan’s Pride dietary supplement brands, which generate the majority of their sales in the North American market.
Nestlé is in talks to acquire "all or part" of The Bountiful Company, owners of the Nature's Bounty brand and a leading player in the US supplements market. The Swiss firm revealed its interest in The Bountiful Company shortly after reporting double-digit growth at its Health Science business in Q1.