1543 ET - The Make America Healthy Again movement could add to Mondelez International's costs as the company is already struggling with high cocoa prices. The effort, spearheaded by Health and Human Services head Robert F. Kennedy Jr., could require Mondelez to change the ingredients it uses in products like Oreo and Cadbury, Chief Executive Dirk Van de Put said at the 2025 Consumer Analyst Group of New York conference. Van de Put expects new rules would be based on European standards, where Mondelez already distributes a range of food products, so reformulating North American snacks would be "relatively straightforward." There would still be some additional expense, he said, as the sweets maker is already juggling high ingredient prices and cost-wary consumers. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
February 18, 2025 15:43 ET (20:43 GMT)
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