COVID-19 Impact on Mondelez International, H2 2020 Update

Summary

COVID-19 Impact on Mondelez International, H2 2020 Update key findings as of September 17th, 2020 based on market analysis and brand diversification by industry and geography

COVID-19-induced changes in consumer behavior and growing at-home consumption will prove to be beneficial for Mondelēz’s core business in food sectors, which will more than compensate for the decline in out-of-home consumption as well as lower demand in other industries such as non-alcoholic beverages and baby care products in 2020. In addition, the company is working towards keeping its business intact during the pandemic outbreak by hiring more employees.

Scope

• Mondelēz’s presence in the food industry will help mitigate the impact of the pandemic on brand sales
• Food business to assist Mondelēz weather-off the impact of COVID-19
• Diversification in Mondelēz International's food business will help overcome losses in indulgent categories
• Soft drinks sector sales in Latin America and Asia will bear adverse impact of the pandemic

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