The company signed an agreement with Chinese officials this week to invest 100 million Swiss francs in the expansion of several facilities throughout the country.
The company is developing lab-grown meats, probiotics and nutritional yeast ingredients for pet food and treats to combat environmental, animal welfare and food safety impacts in the US market.
The company reported its 2019 annual earnings Feb. 13, with Purina growing leaps and bounds above Nestlé’s other product categories in both developed and emerging markets.