date:Apr 26, 2023
nic growth across regions, Nestl has reported negative volume growth in North America (-0.8%), Europe (-1%), South America (-0.6%) and Greater China (-0.8%) and positive in the AOA Asia, Oceania, Africa zone (1.3%).
Growth in North America was broad-based across brands and categories, with Purina PetCare being the largest growth contributor. Nestl also saw market share gains in pet food, frozen meals and soluble coffee.
In Europe, growth was supported by price increases, sustained e-commerce