Nestlé is one of the world's largest food and beverage companies founded in 1866 in Switzerland. It produces a wide range of products from baby food to beverages to snacks. Nestlé employs over 340,000 people worldwide and had sales of over $92 billion in 2012. While Nestlé has strong brand recognition and distribution channels, it also faces threats from trends toward healthy eating and private label brands. The company aims to provide consumers with nutritious choices through extensive research and new product development.