0652 GMT - Nestle's importance in the global dairy industry is continuing to decline, though it still has large scale dairy operations, Rabobank's Lucas Fuess and Tom Booijink write in a report. Unlike its peers, the consumer goods giant didn't make any significant dairy acquisitions in 2025, and earlier this year decided to sell its remaining ice-cream business to Froneri, the analysts say. Its relative importance in the industry is falling, and it increasingly operates as a diversified food and beverage company instead, they add.
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