financetom
Retail
financetom
/
Retail
/
Mondelez launches 'healthier' Dairy Milk variant with 30% less sugar
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mondelez launches 'healthier' Dairy Milk variant with 30% less sugar
Jun 11, 2019 9:23 AM

In its attempt to cater to the health-conscious consumers in India, chocolate maker Mondelez on Monday launched a new variant of Dairy Milk with 30 percent less sugar.

Cadbury Dairy Milk 30 percent Less Sugar, will have no added artificial sweeteners, and will be sold with the existing portfolio of the chocolate maker, the company said in a release.

Developed over the course of two years with the help of a team of scientists, nutritionists and chocolatiers at the company’s research and development facilities, the new bar of chocolate is priced at Rs 50 for 43 grams, and will become available by mid-June.

It will be launched simultaneously in both India and the United Kingdom.

"Cadbury Dairy Milk 30 Percent Less Sugar is another very special innovation that will provide our Cadbury Dairy Milk fans with a less sugar option without compromising on our world-renowned taste and quality. We expect this innovation to strengthen our portfolio as it will complement our other much-loved brands, including core Cadbury Dairy Milk,” Deepak Iyer, president, Mondelez India, said.

Mondelez, the Illinois-based chocolate maker, also sells cookies and snacks of global popularity. Some of their famous brands include Oreo, Milka and Toblerone chocolate.

It's Indian unit, Mondelez India Foods Private Limited, has been present in the country for more than seven decades. It is the leading chocolate seller in the country, having cornered 65 percent of the market share.

First Published:Jun 11, 2019 6:23 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ben & Jerry’s to stop ice cream sales in Israel 'Occupied Palestinian Territory'; clashes with parent Unilever
Ben & Jerry’s to stop ice cream sales in Israel 'Occupied Palestinian Territory'; clashes with parent Unilever
Jul 20, 2021
Ben & Jerry's announcement to withdraw from Isreal 'Occupied Palestinian Territory' has come as a rebuke by a well-known brand against Israel’s policy of establishing its citizens on the war-won lands. However, there is a conflict of ideas with the parent company Unilever.
Americans stockpiling toilet paper again; here's why
Americans stockpiling toilet paper again; here's why
Sep 1, 2021
Panic buying of toilet paper was witnessed in the early days of 2020 amid unfounded fears of supply shortages. Consumers rushed to supermarkets, hotels, gas stations, and anywhere else they could find a roll of toilet paper to buy.
US retail sales fell 1.1% in July; Americans cut spending as COVID cases surge
US retail sales fell 1.1% in July; Americans cut spending as COVID cases surge
Aug 18, 2021
Retail sales fell a seasonal adjusted 1.1 percent in July from the month before, the US Commerce Department said Tuesday. It was a much larger drop than the 0.3 percent decline Wall Street analysts had expected.
In Pics | 14 major companies that filed for bankruptcy in 2020
In Pics | 14 major companies that filed for bankruptcy in 2020
Dec 24, 2020
2020 has been a brutal year for businesses, so much so that the volume of bankruptcies this year has surpassed that of 2008. From the travel and hotel space to the energy sector, businesses across industries suffered for months as the COVID-19-induced lockdown put brakes on economic activities across the world. However, retailers selling non-essential goods have been the worst-affected with many of these names emerging among the biggest bankruptcies of 2020. As per S&P Global Market Intelligence, 610 firms have filed for bankruptcies as of December 13, the highest since 2012. Retailers like J.C. Penney, Neiman Marcus, and J.Crew, car rental giant Hertz, mall operator CBL & Associates Properties are some of the names that have been listed in Fortune’s list of ‘14 of the biggest bankruptcies of 2020'. The 14 bankruptcies happen to be from the US as the valuations of liabilities remain higher than those of others. Here’s a look at these companies and their liabilities, as mentioned by Fortune:
Copyright 2023-2026 - www.financetom.com All Rights Reserved