Emerging Markets Drive Mondelez Snack Growth
Shoppers in India, Southeast Asia and Australia/New Zealand are propping up sales for the global chocolate and snack maker.
Updated on Nov. 6, 2026 in Organic Food
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Mondelez International reported 2.1% organic net revenue growth in Q3 2026, with total reported net revenue of $9,967 million, up 2.3% year-on-year. Growth was led by emerging markets, which posted 4.1% organic growth.
Why it matters
For readers who buy snacks and chocolate, the results signal how a major global snack maker is handling pricing and volume, with growth coming mostly from higher volumes in emerging markets. The company also kept its full-year outlook and expects strong earnings-per-share growth in FY2027.
This is a company quarterly earnings filing covering the third quarter of 2026, with figures compared against the prior year. Organic net revenue grew 2.1%, while emerging markets grew 4.1%, driven by volume and mix gains of 2.2 percentage points, and adjusted diluted EPS rose 6.8% to $0.78; the outlook for future periods remains unresolved.
The players
Mondelez International
A global snacking company known for chocolate and biscuit brands, with a large presence in emerging markets such as India, China, Mexico and Brazil.
The details
Organic growth of 2.1% came mainly from volume and mix, which added 1.8 percentage points, with higher net pricing contributing 0.3 percentage points. India, Australia/New Zealand and Southeast Asia were the main markets driving growth in the company's AMEA region, which rose 7.7%. Adjusted gross profit margin expanded 3.8 percentage points to 34.2%, supported by lower raw material and manufacturing costs and productivity improvements, while the company's chocolate business grew 0.6%.
Timeline
September year-to-date net revenue reached $29,402 million, up 4.9%.
Q3 2026 results showed 2.1% organic net revenue growth.
The company maintained its FY2026 full-year outlook.
Mondelez expects strong EPS growth in FY2027.
Health Landscape
Packaged snack companies have increasingly looked to emerging markets for growth as demand in mature markets stays flat. Mondelez's Q3 2026 results fit that broader shift, with volume gains concentrated in regions where packaged foods are still expanding.
If you regularly buy packaged chocolate and snacks, these results suggest the company is leaning on volume gains and cost controls rather than large price increases this quarter. Readers focused on reducing added sugar and processed-food intake may want to check nutrition labels and discuss overall dietary patterns with their physician.
The takeaway
Strong emerging-market volume growth shows how packaged-food demand is shifting globally. Readers managing sugar intake can keep reading labels on snack products and bring any dietary questions to their healthcare provider.
Further reading
For broader context on what goes into packaged snacks, explore our Organic Food coverage.
Source note: This article includes information reported by Storyboard18.
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