Mondelez International Inc is a global leader in the snacking industry, dedicated to providing consumers with delicious and convenient snack options. The company's mission focuses on empowering people to snack right by offering a diverse portfolio of well-loved brands, including Oreo, Cadbury, and Toblerone. Mondelez International Inc employs a strategy centered on innovation, sustainability, and expanding its presence in emerging markets. Through efficient operations and a commitment to responsible sourcing, the company aims to create long-term value for its stakeholders while promoting a healthier snacking culture worldwide.

MONDELEZ INTERNATIONAL INC

Mondelez International is facing significant challenges in the chocolate market as a result of surging cocoa prices, which are projected to potentially rise by 30% to 50%. CFO Zarmella has expressed concerns about declining cocoa consumption in North America, coinciding with decreasing cocoa grindings across Europe, Asia, and North America,...

Mondelez Warns of Potential 50% Chocolate Price Hike Amid Rising Cocoa Costs and Declining Demand

As Mondelez navigates the turbulent waters of rising cocoa prices and declining demand, the chocolate market faces a pivotal moment. Will chocolate soon become a luxury indulgence rather than an everyday treat?