Mondelēz International wants to team with early-stage startups through its CoLab Tech program to develop “groundbreaking” technology that can accelerate its Vision 2030 Growth strategy and meet consumer demand for personalized nutrition and products that...
Mondelēz International has announced it has completed the sale of its developed-market gum business in the United States, Canada and Europe, excluding Portugal, to Perfetti Van Melle Group.
As snack giant Mondelez faces yet another round of price increases in 2024, CEO Dirk Van de Put says he wonders how much consumers can absorb and what the company needs to do to maintain volume and market share without compromising margins and profitability.
Confection and snack maker Mondelez’s volumes and market share inched up alongside strong sales in the second quarter despite implementing price hikes similar to competitors that report flat units in the face of inflation.
From 100% sustainably sourced palm oil to slashing food waste internally by 25% to upping the diversity mix across its executive leadership, the Oreo maker is on track with its mission to lead the future of more sustainable snacking.
Biscuit and chocolate giant Mondelez International nearly doubled its outlook for fiscal 2023 after delivering its “best quarter ever” with organic revenue growth up 19.4% to $1.5bn over the same period last year and “significantly ahead of [an] already...
Some of the biggest names in the bakery and snacks industries – including Mondelez, Quinn, ADM, PepsiCo, General Mills and Wildfarmed – have signed up to promote the importance of better-for-you farming processes. But there’s so much more to be achieved.
Consumer demand for snacks continues to increase, and Mondelez International sees itself as well-positioned to not only meet those needs but increase its market share in the process.
Alexandre Zigliara is stepping into the role as president of Clif Bar, succeeding Sally Grimes, who has served as the high-flying company’s CEO since May 2020.
Mondelēz International has announced it has entered into definitive agreements to sell its developed-market gum business in the United States, Canada and Europe to Italian-Dutch company, and European rival, Perfetti Van Melle Group for $1.350bn.
While consumers are tightening their purse strings and cutting down on many discretionary purchases, snacking is one area many are not, according to Mondelēz International, which continues to see consumers opt for name brands over private label and value-priced...
Mondelēz International is investing an additional $600m by 2030 in its cocoa sustainability program, Cocoa Life, for a total investment of $1bn since the start of the program 10 years ago.
Mondelez is ready to go all in on core chocolate and biscuits with plans to divest most, if not all, of the 20% of its business that falls outside of the categories in the next two to five years while simultaneously pursuing acquisitions in the spaces...
In the face of inflation and consumer price sensitivity, Mondelēz International saw positive volume growth and price resiliency across its snacking portfolio especially in its core areas of snacking and chocolate, reported chairman and CEO Dirk Van de...
The Oreo, belVita and Lus biscuit producer has agreed to acquire organic energy bar maker Clif Bar & Company for $2.9bn, which will expand its global snack bar business to more than $1bn.
Mondelēz International has generated consistent growth across its portfolio of biscuits, chocolate, cakes, and pastries, and will keep its focus on these categories as the company navigates current economic volatility, says Mondelēz International CEO...
Mondelēz International has announced a major review of its business with plans to sell its gum business, including Dentyne and Trident, in North America and parts of Europe, while retaining it in emerging markets.
Russia’s ongoing invasion of Ukraine is taking a toll on major CPG companies, including PepisCo and Mondelez, both of which reported a hit to annual profits yesterday due to restricted production and sales in the countries and surrounding area as well...
Mondelēz International is set to acquire iconic chocolate and candy brands including Ricolino, Vero, La Corona and Coronado from Grupo Bimbo, Mexico’s leading confectionery company.
Snacking behaviors evolved in a few key ways over the past few years as consumers balanced familiarity with health and wellness and are now looking to expand and diversify their snacking routines, says Brigette Wolf, VP, global head of SnackFutures at...
Ukrainian president Volodymyr Zelensky is pressuring confectionery firms Nestlé and Mondelēz International, along with other multinationals, to completely pull out of the Russian market.
The Swiss food giant is restarting some of its operations in Ukraine in order to support the delivery of essential food and beverages to those who remain in the country.
Nearly nine in ten consumers snack daily, but according to new research from Mondelēz International, what they reach for and when has evolved significantly during the pandemic – requiring brands to rethink their product offerings, marketing strategies...
Oreo-maker Mondelez warns the start of 2022 will be marred by lingering low inventory levels due to a now-resolved strike late last summer and ongoing labor challenges at third-party manufacturers as well as persistent supply chain challenges hindering...
Mondelez International and a union representing more than 1,000 Nabisco employees have reached a tentative agreement that could end a strike at three bakeries and three sales distribution facilities across the country that began early last month.
Representatives of the Bakery, Confectionery, Tobacco Workers and Grain Millers’ International union (BCTGM) said Nabisco workers decided to strike after negotiations with Mondelēz International – the Chicago-based owner of Nabisco – failed to yield an...
Mondelez International raised its full-year organic revenue guidance to 4% from 3% on Tuesday after net revenues climbed 12.4% to $6.64bn in the second quarter thanks in part to increased mobility buoying categories hit hard by the pandemic and ongoing...
Mondelēz International has launched a food transparency programme in North America, which gives consumers insight into the journey of the white-winter wheat used in its Triscuit crackers from a coop of farmers’ fields in Michigan to where the crackers...
Mondelēz is doubling down on digital marketing and increased distribution across channels as it continues its transformation from a 'margin-centric' business to a more 'consumer-centric' company, according to CEO Dirk Van De Put.
SnackFutures, Mondelēz International's innovation and venture hub, has selected nine well-being snack brands to participate in its inaugural CoLab startup engagement program.
Mondelēz International is continuing to see healthy demand for its core snacking brands, proving that industry-wide sales spikes for packaged, shelf-stable products were more than just a COVID-inspired blip, said chairman and CEO Dirk Van De Put.
Mondelēz SnackFutures – the company's innovation and venture hub – has launched CoLab, a "startup engagement" program, targeting snack brands in the wellness space as the global snacking giant digs deeper into the startup community.
In a challenging environment for all of the food industry, Mondelēz International posted net revenue growth of 5.6% and increased gross profit by $113m for the full year ended Dec. 31, 2020.
Millie Gram -- the latest brand innovation to come out of Mondelēz SnackFutures -- combines nut butters with powdered mushroom blends (cordyceps, shiitake, maitake, reishi, and lion's mane) and is currently testing its market appeal with consumers...
Mondelēz International has acquired full ownership of Hu (pronounced ‘hue’ as in ‘human’) Products, a well-being snack company best known for its premium vegan chocolate bars.
Mondelēz International is pouring more investment into marketing and media efforts for its legacy brands with a focus on delivering more value to consumers as the company vies to maintain, and possibly gain, further market share in snacking categories...
While snacking was on the rise long before the coronavirus outbreak, new research from Mondelēz International shows the pandemic has turbo-charged the trend – spurring more people to snack more often, but for entirely different reasons than they did before...
Tweens... aged between nine and 12, they're not young kids anymore, but they're not teens either, so how food and beverage brands reach them (and their parents/guardians), and what's the best way to engage with this age cohort via influencers...
Ruckus and Co - a brand of ready-to-drink frozen smoothies for kids developed by the Mondelēz SnackFutures Innovation hub - was set to land in retail freezer sections in early May before the world took a turn, temporarily halting its distribution and...
Driven by strong demand for its snacks products in North America, Mondelēz International reported 2.6% growth in net revenue to $6.7bn for Q1 2020, offsetting sales downturns in other areas of the business including world travel retail and away-from-home...
Following a lengthy investigation to determine who is behind STONEY PATCH (THC-infused candies sold in packaging that bears a striking resemblance to kids’ candy brand SOUR PATCH) Mondelēz Canada Inc. has named four defendants in a trademark infringement...
Mondelēz International has named Minsok Pak as the company's new executive vice president, chief strategy, and transformation officer in charge of mergers and acquisitions, new business strategy, and digital transformation initiatives.
Unveiled at the 2019 FOOD FOR KIDS summit in Chicago this week, Ruckus and Co. lunchbox smoothies for kids were developed in the SnackFutures innovation hub at Mondelēz International, with the R&D and culinary expertise of CCD Innovation and the creative...
Adults typically eat more snacks than meals on a given day, with growing numbers of younger consumers and those in developing markets grazing throughout the day, according to a new report from Mondelēz International.