Kennedy’s push against HFCS signals potential demand declines for major suppliers like Ingredion and Tate & Lyle.
Sectors & Industries
November 18, 2024
Robert F. Kennedy Jr.'s appointment to lead the Department of Health and Human Services (HHS) could lead to a crackdown on artificial sweeteners, including high fructose corn syrup (HFCS). Kennedy has openly criticized ultra-processed foods, which include HFCS, as contributors to diet-related chronic diseases.
His stance on reforming school lunches and reducing the prevalence of processed foods aligns with these views, signaling potential regulatory action targeting HFCS producers. Publicly traded companies like Archer Daniels Midland (ADM), Ingredion (INGR), and Tate & Lyle (TATE.L), which are significant HFCS suppliers, may face stricter oversight or decreased demand due to these policy shifts.
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