Nestlé has reported 3.1 per cent organic growth in its Zone Asia, Oceania and Africa (AOA) segment for the first quarter of 2025, with Pet Care delivering mid-single-digit growth, supported by strong performance in emerging markets.
Sales in Zone AOA reached AUD $10.4 billion, reflecting a 3.6 per cent increase compared to the same period last year. PetCare growth was bolstered by “strong double-digit growth in emerging markets,” though offset somewhat by “category softness in developed markets”.
Laurent Freixe, CEO of Nestlé CEO, said performance in the first quarter was in line with their expectations and its 2025 guidance remains unchanged.
“In an environment of heightened macroeconomic and consumer uncertainty, Nestlé delivered organic sales growth of 2.8 per cent, with RIG of 0.7 per cent and pricing of 2.1 per cent.
“Growth was broad-based across markets and categories, with improving market share trends across many businesses, particularly our billionaire brands.”
In Zone AOA, Nestlé cited confectionery and culinary as the strongest performing categories but noted Pet Care also contributed meaningfully to overall results. Market share gains were reported in Pet Care, confectionery and infant nutrition, despite losses in culinary and soluble coffee.
Nestlé’s broader global PetCare business posted organic growth of 1.6 per cent overall. The company described this as “RIG-led” growth, reflecting some market softness, particularly in the United States, but continued market share gains in most other markets.
Freixe emphasised that Nestlé remains focused on its strategic initiatives despite economic pressures.
“Our 277,000 committed colleagues are focused on successfully executing our strategy: driving efficiencies and investing for growth to accelerate our categories and improve market share.”
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