The companies will work to quickly bring these coffee beverages to consumers as of 2022.
“Our partnership with Starbucks has confirmed NestlÃ©’s leading position in the global coffee business,” said David Rennie, Head of NestlÃ© Coffee Brands. The 2020 sales of Starbucks products reached CHF 2.7 billion, a double-digit organic growth compared to 2019.
âWith our expansion plans into RTD coffee, NestlÃ© will continue to build on its global leadership in coffee and will benefit from new growth opportunities in a segment that is developing rapidly and attracting new and younger consumers.”
“We continue to strengthen our partnerships to extend the reach of the Starbucks brand globally. With its historical local footprint and exceptional execution capabilities, NestlÃ© is an ideal partner to help us develop and offer tailored Starbucks coffee beverages in these markets,” said Michael Conway, group president of International and Channel Development, Starbucks.
“Our partnership has proven highly successful for both companies, and we are confident that this new collaboration will help us meet our customers’ evolving needs.”
NestlÃ© and Starbucks will initially focus on the most popular RTD products, such as StarbucksÂ® FrappuccinoÂ® and Starbucks DoubleshotÂ®, and will continue to develop a strong innovation pipeline.
The products will be rolled out across a variety of channels, including online platforms. Starbucks RTD coffee products are made with 100% of the finest arabica beans sourced from the world’s premier coffee regions.
The new collaboration builds on a successful three-year partnership through the global coffee alliance, which expanded the reach of Starbucks branded coffee and tea products across 79 markets outside Starbucks retail stores.
Since forming the global coffee alliance in 2018, NestlÃ© and Starbucks have brought to market a wide range of premium products at a fast pace â including whole bean, roast, and ground as well as Starbucks capsules for Nespresso and NescafÃ© Dolce Gusto proprietary technologies.
NestlÃ© and Starbucks will continue to work together closely to develop new, innovative products and go-to-market strategies that will amplify the reach and expand the unique experience of the Starbucks brand globally.