Zero-Sugar Oreos See Weak Response In China
Initial reaction from the launch of zero-sugar Oreo cookies in China has been disappointing, Mondelēz International Inc’s CEO said, underscoring some of the challenges facing the global snack giant as it makes a big push in the market.
Mondelēz launched Oreo Zero in China in August, taking a cue from social media trends showing reduced-sugar and sugar-free diets as a key trend, and the limited availability of zero-sugar biscuits in the country.
Mondelēz, which also makes Ritz crackers, belVita biscuits, Cadbury chocolates and Trident gum, has set a target to grow Oreo sales by $1 billion by the end of 2023. The brand surpassed $3 billion in global sales in 2019.
ESM
Related news
Mondelēz To Launch Limited-Edition Selena Gomez Oreo Cookies
Mondelēz International is launching limited-edition Selena Gomez Oreo cookies, which…
Read more >SIAL China has opened, Hungary is also introducing itself
Premium foods and specialties will also be on display at…
Read more >Ministry of Agriculture: China would develop its wine sector with Hungarian experts
China would develop its wine sector with Hungarian experts –…
Read more >Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich…
Read more >German retail sales fell month-on-month in April
In Germany, retail sales fell by 1.1 percent in real…
Read more >