Processed Food is Gradually Dying: Nestlé Takes Worst Hit in 20 Years as Public Opinion Shifts

The processed food industry seems to be struggling as Nestle’s profits take a downturn. Companies who have been riding the wave of the processed food resonate in recent years could find their profits fell(decreased) as consumers back off from these kind of junk foods. An account brought by The..

nestle-takes-worst-hit-in-20-years


The processed food industry seems to be struggling as Nestle’s profits take a downturn.

Companies who have been riding the wave of the processed food resonate in recent years could find their profits fell(decreased) as consumers back off from these kind of junk foods.

An account brought by The Wall Street Journal has reported how Nestle have scuffled to reach the amount of profits they have been wonted to this year.

They write:

“Switzerland-based global food and drink giant Nestlé SA (NSRGY) posted its most recent full-year 2016 and fourth-quarter earnings report on Thursday. The maker of KitKats, Nescafe and Purina pet food failed to meet the consensus estimates, posting its slowest organic sales growth in 20 years.”

“…In 2016, Nestlé’s net profit came in at 8.53 billion Swiss francs ($8.53 billion) down 6.6% from 9.1 billion over the same period last year and falling short of the Street’s forecasted 9.59 billion.”

Indeed there has been a shift in the way people regard food, which has seemingly filtered down into the way they use their purchasing power at the strongboxes.

Since the boom of the processed food market earlier on the 21st century, purchasers seemed to lap up any kind of recent(new) product, with little or no regards to how these highly processed foods affected their health.

But health epidemics across the globe such as an inflation in the rates of cancer and diabetes has forced people to look at their lifestyle to discern the cause.

Time and time again, highly processed foods have been linked to several life threathening diseases and as the evidence mounted, it has become impossible to ignore the health repercussions of these foods.

This has caused people to make healthier choices in the supermarket, a mother shopping for her children is much more likely to choose fresh fruit as a snack where as 10-15 years ago there is a good chance that the young one would have chosen processed foods, which were are often marketed specifically at children.

It has also been reported by Canada’s CTV news that fears of quality of food has led to people making different choices.

They reported:

“In an online survey conducted by researchers at Dalhousie University, 63 per cent of respondents said they were concerned about the widespread practice known as food fraud.
Notably, worries about counterfeited food products coming from Canada were even greater in those study participants with food intolerances.”

Sources:-

https://medicalxpress.com

https://www.wsj.com

Truthcommand.com

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GisthubArena: Processed Food is Gradually Dying: Nestlé Takes Worst Hit in 20 Years as Public Opinion Shifts
Processed Food is Gradually Dying: Nestlé Takes Worst Hit in 20 Years as Public Opinion Shifts
The processed food industry seems to be struggling as Nestle’s profits take a downturn. Companies who have been riding the wave of the processed food resonate in recent years could find their profits fell(decreased) as consumers back off from these kind of junk foods. An account brought by The..
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