Mondelēz rethinks chocolate innovation as high cocoa prices linger

This story was originally published on Food Dive. To receive daily news and insights, subscribe to our free daily Food Dive newsletter. Mondelēz International is reducing chocolate in some new launches and debuting more premium options as the Milka and Toblerone maker continues to feel the impact of high cocoa prices, its top executive said. Mondelēz, the world’s second-largest player in the $147 billion global chocolate market, said that while cocoa spot prices have come down significantly from their rec ...