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Nestle Competitors or Alternatives
Nestle's top competitors include Mondelez, Kellogg's and Mars.
Nestle VS Kraft Heinz
KraftHeinz saw an increased revenue of 0.7% over a four-month period of time. The CEO approval rating for Mark Schneider at Nestle is significantly higher than the approval rate of the KraftHeinz CEO. The annual revenue of KraftHeinz totals 26% of Nestle's annual revenue. KraftHeinz has a total of 15 subsidiaries, with its latest acquisition of Just Spices GmbH occuring in Dec 2021. Danone partnered with KraftHeinz in October 2022 to invest in first-party data capabilities. KraftHeinz Canada was recognized as Best of the Best in November at the Canadian Marketing Association Awards. In October 2022, KraftHeinz launched plant-based cheese slices. In addition to an award for KraftHeinz in November 2022, Janelle Orozco was also named North America procurement officer.
Nestle VS Hershey
Hershey increased in revenue from December 2021 to April 2022 by 4. 1%. The annual revenue of Hershey is 10% of Nestle's annual revenue. Hershey CEO Michele Buck has a slightly higher approval rating than the Nestle CEO. Hershey has 17 subsidiaries with its latest acquisition of Pretzels, Inc. occuring Nov 2021. As of January 2023, Hershey saw its stock fall after Wells Fargo assessed that its valuation was too high. Hershey announced it's looking to reduce Scope 1 and 2 emissions by 50% and Scope 3 by 25% by 2030. 07.26.22. Hershey has 17 subsidiaries. Australian clean beauty brand Organic Kangaroo Island partnered with Hershey to launch a body treatment inspired by the classic Hershey’s Milk Chocolate candy bar.
Nestle VS Mars
Mar's has an annual revenue that totals 45% of Nestle's annual revenue. The approval rating of Mar's CEO Poul Weihrauch is higher than Nestle CEO. Over the course of two months, Mar's saw a revenue increase of 12.5%. Mars has 24 subsidiaries with its latest acquisition of Tru Fru, LLC. occurring Dec 2022. Mars Middle East Africa partnered with Anghami to launch #WeChoose in support and celebration of passionate women paving their own paths. In September 2022, Poul Weihrauch became CEO of Mars, succeeding Grant F. Reid. It was announced in November 2022 that Alanna McDonald joined Mars Petcare as the Regional President for its Mars Pet Nutrition division in North America.
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Frequently Asked Questions about Nestle
Who are Nestle's top competitors?
Nestle's top 3 competitors are Mondelez, Kellogg's, Mars.Who is similar to Nestle?
Mondelez is the most similar to Nestle. Kellogg's and Mars are also similar to Nestle.
Are Nestle and Mondelez competitors?
Yes, Mondelez is one of Nestle’s top competitors.