Hai Nescafe lovers!
This time I will inform you about the market position of Nestle.
This time I will inform you about the market position of Nestle.
Nestle is a company who produces
different products in the food branch, they use different brands for the
products for example in the coffee branch they are using the following brands
in the Netherlands: Nescafé, Nespresso, Nescafe Dolce Gusto, Nestle Coffee
Matte and Nescafé original.
The following picture will give an
overview of the brands they are using at this moment.
Nestle had last year a market share rate
of 22.3% calculated about the whole- world, I found thins information from from
Euromonitor.
(Euromonitor, 2016)
The market share is 22.3% this means the
products of Nestle have a high level in the international markets.
Nestle have some brands; these brands
are not available in the Netherlands because they tried to launch this product
in the Dutch market but without a huge profit. Most of the time Nestle will
take a look what the consumers like to have and after that they will develop
this product and will tried to launch it in different markets.
For example, Dreyers ice cream they are
selling this specific ice cream only in the USA.
It depends to which country Nestle is
exporting to, I found an old press release about joint- ventury with South
Korea ‘Nestlé to create a 50-50 joint venture with Korean conglomerate’ entry market
strategy in this country is joint ventures
(Nestle, 2016)
There is no huge impact in the
production of Nestle, I think this is because, Nestle have in almost every
country a production factory they will produce and supply their wholesalers or
huge supermarket in this specific country.
Although, you can purchase some shares
of Nestle I found the following information about the share indication on the
site of Nestle. There was a drop in the month July, maybe it has a
connection with the Brexit but I am scared to draw a conclusion about it.
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