Key Ingredient In Drink Guzzled By Musk, Trump Labeled Possible Cancer Hazard By WHO: What You Should Know
Portfolio Pulse from Navdeep Yadav
The World Health Organization (WHO) has announced that aspartame, a key ingredient in Diet Coke, could potentially cause cancer. Despite this, another WHO committee maintains its assessment of a safe level of aspartame consumption. The American Beverage Association, representing Coca-Cola (NYSE:KO) and PepsiCo (NASDAQ:PEP), and the U.S. Food and Drug Administration (FDA) have disputed the WHO's findings.
July 14, 2023 | 9:27 am
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NEGATIVE IMPACT
The WHO's announcement about aspartame, a key ingredient in Coca-Cola's Diet Coke, could potentially impact the company's reputation and sales.
The WHO's announcement could lead to a decrease in sales of Diet Coke, one of Coca-Cola's leading brands, if consumers become concerned about the potential health risks. This could negatively impact Coca-Cola's revenues.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The WHO's announcement about aspartame could potentially impact PepsiCo, even though the company's products were not directly mentioned in the announcement.
Even though PepsiCo's products were not directly mentioned in the WHO's announcement, the company could still be impacted if consumers become concerned about the potential health risks of aspartame, which is used in many diet drinks.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60