Nestlé Purina PetCare reached double-digit growth in 2021. The company’s premium and science-based brands mainly contribute to the company’s success.
The last year, Purina sales increased about 11% to 15.56 million Swiss francs ($16.90 million USD) compared to the previous year.
“To me, PetCare, Coffee and Nestlé Health Science were clearly the star performers in 2021, [they] kicked the lights out when it comes to organic growth,” said Mark Schneider, chief executive officer of Nestlé, in the company’s full-year 2021 earnings call on Feb. 17. “…Clearly, pet adoptions around the world are up in 2020 and 2021 during the pandemic, and that bodes to a permanent step-up and growth from a higher base when it comes to pet food and pet care products, hence, very good prospects here. And, as you know, we have invested significantly in meeting the capacity demands of this attractive and growing category.”
Due to the premium and science-based brands and the launch of Pro Plan Cardio Care, Purina could also double its sales in North America. Furthermore, Purina brand could help the Nestlé company doubling its growth in Latin America in 2021.
In China, the company could also register a significant double-digit growth while recording a smaller but still strong growth in Japan, Oceania and sub-Saharan Africa (Zone AOA),
“PetCare maintained its strong growth momentum,” Schneider said. “Most segments and geographies grew at a double-digit rate with market share gains. Purina’s performance was driven by continued e-commerce growth and increased demand for premium products. Key science-based innovations, such as Pro Plan LiveClear, the first allergen-reducing cat food, saw almost triple-digit growth.”
Nestlé also announced its contribution to the reduction of greenhouse gas emissions by setting the goal to reduce emissions by 20% by 2025 and by 50 % by 2030.
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