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Sweets and snacks giant Mondelez International dismissed a dip in volume in North America during the fourth quarter as a “one-off” from which it will quickly bounce back despite planned price hikes and ongoing shifts in consumer spending to favor sales and smaller packs at lower prices.
Fourth-quarter volume declines in North America.
News from Mondelez, Kirin, Vitasoy and other big brand names feature in this edition of Brand New.
The price of sugar and sweets could rise 5.6% in 2024 after Thailand and India had bad crop years due to a extreme drought.
News from Mondelez, Kirin, Vitasoy and other big brand names feature in this edition of Brand New.