Business Maverick: Big food brands struggling to kick junk addiction, survey finds

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 84%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The bulk of food and drinks sold by four out of five global producers across three major markets are unhealthy, according to a survey, with Kraft Heinz faring the worst.

The analysis conducted by the World Action on Salt, Sugar & Health, an NGO, selected 2,346 products sold by Danone, Kellogg Co, Kraft Heinz, Nestle SA and Unilever in Australia, France and Mexico. It ranked them on the basis of the most widely used standards – Health Star Rating, Nutri-Score and Warning Labels. Apart from Danone, all others sold a greater proportion of unhealthy food.

Producers are under pressure to make their portfolios healthier because obesity is already a public health crisis in countries like the US, and on the rise in the developing world. The worldwide economic impact of excess body weight will more than double to $4.

Activia yoghurt maker Danone bucked the trend. Only 35% of products scored below the standard definitions of healthy. Earlier this week, it promised that at least 90% of products by volume of sales in the UK and Ireland will not be high in sugar, salt or fat, as defined by the government policy. Groups like ShareAction, an investor campaign group which supported the research, have been calling on companies to be moreabout the healthiness of their portfolios to help investors scrutinise their offerings and evaluate the threat of potential anti-junk food legislation on sales.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NEC XON launches Human Capital business unit - TechCentralPromoted | Traditional ICT talent search methods no longer suffice, the company says, as it unveils new focus area.
Source: TechCentral - 🏆 8. / 71 Read more »

US company eyes Telkom tower businessNew York-listed IHS Holding is weighing a bid for Telkom’s tower unit.
Source: BusinessTechSA - 🏆 24. / 61 Read more »

MTN-linked IHS bids for Telkom’s African tower businessIHS Towers is the biggest Africa-focused tower company and has been acquiring assets in South Africa as the country prepares for a scaled rollout of a 5G mobile network.
Source: TimesLIVE - 🏆 28. / 59 Read more »

MTN-linked IHS bids for Telkom’s African tower businessIHS Towers is the biggest Africa-focused tower company and has been acquiring assets in South Africa as the country prepares for a scaled rollout of a 5G mobile network.
Source: SundayTimesZA - 🏆 47. / 51 Read more »

Load shedding is slashing Woolworths' profits by R15m a month | BusinessWoolworths' first-half pre-tax profit rose by more than half and it nearly doubled dividends even as load shedding shaved off R15 million every month from local operating profit. | News24_Business _Business Due to the sale of their bags I'm sure...
Source: News24 - 🏆 4. / 80 Read more »