Reported 2 days ago
Mondelez CEO Dirk van de Put announced that the company's reformulations in response to the 'Make America Healthy Again' initiative will lead to price increases on products like Oreos, Ritz crackers, and Chips Ahoy. These changes, driven by U.S. health secretary Robert F. Kennedy Jr.'s focus on food additives and ultra-processed foods, will necessitate altering ingredients, increasing costs for consumers already facing food inflation. Van de Put indicated that chocolate prices could rise significantly due to supply issues, and adjustments may take years to implement.
Source: YAHOO