Food manufacturers in Malaysia, including Coca-Cola and PepsiCo, have responded to the upcoming 2019 introduction of sugar taxes on drinks and juice ‘with concern’, saying that this is ‘not an effective policy response’ to combat obesity and chronic disease.
Malaysia will impose an excise sugar tax on sugar-sweetened beverages starting April 1 2019, in an effort to combat rising overweight and obesity levels in the country - but experts are less than optimistic about its efficacy.
Coca-Cola Classic saw volumes in Europe decline by 1% over the last three months: attributed mainly to the impact of new soft drinks industry taxes. But Coca-Cola Zero Sugar grew 18.5%, with retailers increasingly shifting space over to the sugar-free...
The first four months of the UK’s sugar tax has failed to create any significant change in consumer behaviour; but it has encouraged widespread reformulation and the proliferation of lower sugar options, according to Nielsen.