Arab Press

بالشعب و للشعب
Monday, Apr 06, 2026

Mondelez CEO: The Future of Food Features Plenty of Snacks

Mondelez CEO: The Future of Food Features Plenty of Snacks

The food industry is being tested by shifting consumer tastes, new technology and global trade disputes. Those are among the issues on the agenda Monday at The Wall Street Journal’s Global Food Forum, which includes some of the sector’s key players.

Including the chief executive of Mondelez International Inc., MDLZ -1.00% the president of McDonald’s U.S.A. and leaders from the Agriculture Department and the Food and Drug Administration.


Healthier Snacks Growing Faster: Mondelez CEO


The market for healthier snacks currently is growing globally about 6% to 7% annually, Mondelez CEO Dirk van de Put said. That is faster than the 4% to 5% growth among indulgent snacks, which still make up 80% of the market, he added.

Globally, consumers are snacking more, creating opportunities for Mondelez International, said Mr. Van de Put. Today, people are eating 2.5 snacks each day, up from two a day just a few years ago. Busier lifestyles are supporting the trend, he said.

Food makers have to distinguish between trends and behavior, said Mr. Van de Put. While consumers claim they want healthier products, they are still buying indulgent items. “There’s a difference between what people say and what they do,” he said.

Mr. Van de Put also said there is no reason for Mondelez and Kraft Heinz Co. to re-merge. Mondelez International was formed after splitting with the predecessor of the latter firm. “It doesn’t make a lot of sense to put that back together,” Mr. Van de Put said. He said Mondelez wants to stay focused on its core snacking categories.

He added that the snack giant is trying to move faster to bring products to market by testing out new items in a few markets and building from there. One downside with the approach is it simply takes longer to scale products up amid the challenge of predicting consumer behavior.

The company has had misses with product development, he said, pointing to a high-fiber biscuit that took three years to create and didn’t do well after lots of people weighed in. “We ended up with a camel designed by committee,” he said.


Milk: Got Competition?


National Milk Producers Federation CEO Jim Mulhern said that plant-based beverages, which have been getting a lot of attention, will continue to grow, but a bigger hit to the dairy industry over time has been bottled water. Decades ago, it wasn’t normal consumer behavior to buy a plastic bottle of water, he said, but that is a commonplace purchase now.

He added that the battle for supermarket shelf space between traditional cow’s milk and almond, soy and other plant-based milk rivals may turn in part on dollars. While plant-based milks make up anywhere from 8% to 13% of the overall market, Mr. Mulhern said the “dirty little secret” of the alternative products is that “they pay for that footprint,” via stocking fees that secure preferred placement in dairy sections.

Jessica Almy, policy director for the Good Food Institute, which promotes plant-based products, said plenty of traditional dairy brands similarly pay for grocery store space.


More Automation Is Coming to Farms

A global population shift from rural areas to cities is making it difficult for farmers to find workers, and pushing them toward automation, said John Stone, a senior vice president at Deere DE -0.23% & Co., which makes farm equipment. “The labor is already gone,” he said. “The machines have to get smarter.” Last fall, Deere started offering a new combine harvester that can analyze grain quality as it comes into the machine, he said.

Deere processes mounds of data from farmers, Mr. Stone said. The company collects that data via a cloud-based platform, analyzes it and pushes it back out to customers so they can use it in their enterprises, he said. One challenge for the company, however, is gaps in broadband coverage in rural areas.

Abundant Robotics Inc. is creating the first combines to harvest tree fruit, an area of agriculture that hasn’t been automated to date and is worth billions, said the company’s CEO, Dan Steere. “It’s never been possible before,” he said.

The debate about the impact automation has on jobs and employment can be contentious. But Mr. Steere said deploying such tech on farms “prevents food costs from rising dramatically.”



Closing a Food Gap


Lower-income communities often have less access to healthy food, and the role that can play in causing obesity and other health issues is the target of research at the College of Agriculture, Health and Natural Resources at the University of Connecticut, said Indrajeet Chaubey, dean of the college.

“There’s no one magic bullet,” he said, speaking on the sidelines of the WSJ Global Food Forum. Mr. Chaubey said UConn’s research is focusing on how to alleviate these problems in the local community around Hartford, Conn.


Crop Prices Force Change


Low crop prices this year are pushing farmers to fundamentally change their point of view in order to survive in a tough agriculture economy. “Low commodity prices are causing farmers to think outside of the way that they normally think,” said Sanjeev Krishnan, chief investment officer and managing director of S2G Ventures, which invests in food and agriculture.

Because farming is a high volume market with low profitability, the thinking must change to view business in terms of profitability per acre instead of yield, said Mr. Krishnan.

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Iranian Drone Strike on US Embassy in Saudi Arabia Reportedly Targeted Intelligence Facility
Saudi Deputy Foreign Minister Meets French Embassy Official to Strengthen Bilateral Engagement
Saudi Arabia Calls on United States to Seize Strategic Opportunity to Reshape Middle East
Dating Apps Surge in Saudi Arabia as Social Norms Rapidly Evolve Among Youth
Saudi Arabia Detains Over Fourteen Thousand Illegal Residents in Week-Long Enforcement Drive
Saudi Foreign Minister Engages in Diplomatic Talks with Pakistan, Kuwait and Latvia on Regional Developments
Saudi Arabia Intercepts Cruise Missile as Regional Tensions Intensify
Saudi Stock Market Edges Higher as Tadawul Index Records Modest Gain
Underlying Rivalry Between Saudi Arabia and UAE Persists Despite Temporary Calm
Saudi Arabia’s Non-Oil Sector Contracts in March as Regional Tensions Weigh on Business Activity
Saudi Arabia Unveils Ambition to Establish Prestigious Global Prize Rivaling the Nobel
Saudi Crown Prince to Engage Wall Street in Push for Investment and Economic Expansion
Iran Accuses Saudi Arabia and UAE After Downing of Chinese-Made Drone
Saudi Arabia Condemns Attack on Hospital in Sudan, Calls for Protection of Civilians
Coordinated Drone Strike Targets CIA Facility Within US Embassy in Saudi Arabia
Italy’s Meloni Prioritises Energy Security and Strait of Hormuz Stability During Gulf Tour
Uncertainty Emerges Over Timeline and Direction of Saudi Arabia’s Ambitious Ski Resort Project
UAE and Saudi Arabia Escalate Strategy with Drone Operations Targeting Iran
Trump Delivers Characteristic Remarks on Saudi Crown Prince Amid Intensifying Iran Conflict
Drone Strike on US Embassy in Riyadh Caused Greater Damage Than First Reported
Saudi Arabia Introduces Flexible Solutions for Expired Visas Amid Regional Disruptions
Saudi Arabia’s Online Car Market Accelerates with AI Pricing and Fully Digital Buying Experience
Saudi Arabia Reassesses Defence Strategy as Iranian Drone Threat Drives Shift in Military Partnerships
Drone Strikes Target Saudi Arabia, Kuwait and Bahrain as Regional Conflict Intensifies
Japan and Saudi Arabia Align Efforts to Ease Rising Tensions with Iran
Saudi Crown Prince and Italy’s Meloni Strengthen Strategic Ties in High-Level Talks
SpaceX Explores Potential Five Billion Dollar Investment from Saudi Sovereign Wealth Fund Ahead of IPO
Saudi Arabia Lifts Key Import Barriers to Expand Access for U.S. Beef Exports
Saudi Arabia Enforces Strict Travel Penalties for Visits to Restricted Countries
Italy’s Meloni Embarks on Strategic Gulf Tour to Address Energy Security and Regional Stability
Saudi Film Festival Rescheduled to Summer as Regional Tensions Continue
Saudi Arabia Reports Forty Two Point Six Billion Dollars in Foreign Tourist Spending in 2025
Saudi Crown Prince and Russian President Hold Strategic Call on Escalating Regional Crisis
Saudi Arabia Advances Rail Network as Strategic Alternative to Strait of Hormuz Shipping Route
Ruanyun Edai Launches Saudi Arabia Hub With Forecast of Ten Percent Revenue Growth
Greek Defence Minister Visits Troops in Saudi Arabia Following Successful Missile Interception
Saudi Arabia Expands Global Strategy With Focus on African Critical Minerals
SpaceX Explores Potential Five Billion Dollar Investment From Saudi Fund Ahead of Possible IPO
US Central Command Dismisses Iranian Claim of Mass Casualties Among American Personnel in Saudi Arabia
Co-Diagnostics to Establish Molecular Diagnostics Facility in Saudi Arabia Through Joint Venture
Trump Engages Saudi Crown Prince in Talks on Potential Iran Ceasefire
Saudi Arabia’s Sadara Suspends Operations as Supply Chain Disruptions Intensify
Saudi Arabia Accelerates Energy Shift by Trading Oil Revenues for Battery Investments
Saudi Arabia Introduces Flexible Options for Expired Visas Amid Regional Disruptions
Online Narratives Surge as Iran–US Tensions Spill Into Digital Arena Following Trump Remarks
Saudi Arabia Urges Trump to Seize Strategic Moment as UAE Weighs Ground Deployment
Saudi Arabia Redirects Nearly One Million Barrels of Oil Daily Away from Strait of Hormuz
Saudi Arabia Carries Out Execution of Businessman Linked to 2011 Qatif Unrest
Ukraine–Saudi Defense Pact Signals Rising Demand for Battlefield Expertise
Saudi Arabia Balances Diplomacy and Defense Preparedness Amid Iran Conflict
×