Nestlé Portugal has announced a major investment in its facility producing organic baby snacks, located in Avanca, south of Porto.
Some €40 million has been earmarked for investment in its two Portuguese factories (Porto and Avanca), of which €11 million in being invested in a new production line in Avanca, reports Dinheiro Vivo.
The line will produce a new product range NaturNes Bio NutriPuffs, which will be exported to 35 markets by the first quarter of 2020.
The new line has capacity to produce 80 packs per minute, or 130 kg per hour, with several ingredients, including tomato, carrot, onion, orange and raspberry sourced from national fruit and vegetable suppliers.
NutriPuffs will be available in four varieties, banana, raspberry, tomato and carrot flavoured cereal snacks, and are aimed at babies aged 8-10 months.
Organic Baby Food
The organic segment accounts for around 3% of the baby food market, of which Nestlé has a share of 40%.
Nestlé Portugal is expecting 3% to 4% growth in 2019, with the business performing ahead of the market.
Last year’s turnover amounted to €500 million (+3.2%), however exports dropped from €82 million in 2017 to €53 million in 2018, mainly due to the sale of a milk powder factory in the Azores.
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. Click subscribe to sign up to ESM: The European Supermarket Magazine