ATLANTA, USA – A possible shift in Coca-Cola’s iconic formula has sparked headlines and heated debate across the United States, after former President Donald Trump claimed the company is phasing out high-fructose corn syrup (HFCS) in favour of cane sugar.
Coca-Cola hasn’t officially confirmed a full transition, but acknowledged it is exploring “new innovative offerings”. The brand already produces sugar-based variants, like “Mexican Coke” and Kosher versions, which enjoy a loyal fan base for their crisper taste.
Industry insiders say a full switch could come at a steep price—over $1 billion in operational costs—and disrupt U.S. corn markets. The Corn Refiners Association warns of a potential $5.1 billion hit to American farm income if HFCS demand drops.
While health experts note there’s little nutritional difference between the two sweeteners, many consumers prefer cane sugar for its perceived purity and cleaner flavour profile.
The debate has already shaken markets, with shares of HFCS giants like Ingredion and ADM seeing a dip. Meanwhile, public health advocates are calling on beverage giants to take the conversation a step further—by reducing sugar altogether, not just swapping sources.
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