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Mondelez plans to concentrate more on healthy snacks

NEW YORK (AP) -- Mondelez, the company behind the Oreo and Cadbury brands, says that it plans to have 50 percent of its portfolio contain healthy snacks within the next five years.

Healthy snacks currently comprise more than a third of its total revenue, according to Executive Vice President and Chief Growth Officer Mark Clouse.

Major food companies, such as Kellogg, General Mills and others, are shifting from foods that are perceived by some consumers as too processed to options that are considered healthier.

Clouse said Thursday that Mondelez International Inc. is looking to simplify ingredients and...


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