Nestlé has inaugurated a new research and development (R&D) accelerator programme, in an effort to boost innovation for sustainable dairy products and plant-based dairy alternatives.
The accelerator – which is located at the company’s R&D centre in Konolfingen, Switzerland – will provide a platform for start-ups, students and scientists to leverage Nestlé’s dairy and plant protein capabilities for the rapid development of ideas to commercial products.
Internal, external and mixed teams will leverage Nestlé’s expertise in the field to bring novel ideas from concept to test shop in only six months.
In addition to its expertise, they will also be given access to a fully equipped test kitchen, small to medium scale production equipment, as well as a co-working office space.
Nestlé’s Konolfingen centre is the company’s largest research and development centre for dairy products and plant-based dairy alternatives. Product concepts for the company’s infant nutrition businesses are also developed here.
Nestlé’s latest announcement forms part of its global R&D Accelerator initiative, which first launched last year with a R&D accelerator programme in Lausanne, Switzerland.
“Our goal is to provide start-ups, students and Nestlé scientists with key resources to quickly explore new ideas through a six-month test and learn approach,” said Thomas Hauser, head of global product and technology development at Nestlé.
He added: “By tapping into our expertise in food science, food safety, regulatory, manufacturing processes, and packaging, they can rapidly upscale and test new products in real market conditions.”
This year, Nestlé has unveiled a series of plant-based dairy alternatives such as a vegan condensed milk under its Carnation brand and a plant-based version of its signature Milo malt beverage powder.
“Innovation in milk products and plant-based dairy alternatives is core to Nestlé’s portfolio strategy, as well as our sustainability agenda. As a company, we have set ambitious climate goals. This is part of our promise to develop products that are good for you and good for the planet,” said Mark Schneider, CEO of Nestlé.
By: Emma Upshall
Source: Food Bev Media
Recent reports reveal The Body Shop will shut up to half of its 198 stores in the UK and cut the size of its head office, incurring hundreds of job losses. According to the firm overseeing the restructuring of the beauty retailer, closures will begin this Tuesday.
Amidst brewing tensions, the US Federal Trade Commission (FTC) and a coalition of states are poised to take legal action as early as next week, aiming to prevent grocery giant Kroger’s $24.6 billion acquisition bid for Albertsons, Bloomberg reported.
The owner of Guinness and Baileys has hired financial service group Rothschild to explore the sale, which includes Pimm’s, fruit liqueur brand Safari and Pampero rum. Each brand could be offloaded individually or as a three, according to Sky News.