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Soda sales decline by 10%+ by Dec 31 due to FDA regulation?
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Resolution / Starting Odds
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Sales reports from major soda manufacturers and market analysis reports
Story
FDA to Revoke Authorization for Brominated Vegetable Oil in Food, Effective August 2
Jul 2, 2024, 07:40 PM
The U.S. Food and Drug Administration (FDA) announced on Tuesday that it will revoke the regulation authorizing the use of brominated vegetable oil in food items, effective August 2. The decision comes after the U.S. health regulator determined that the additive, which is commonly found in some sodas, is no longer safe for consumption. This move marks a significant step in food safety regulation, reflecting growing concerns over the potential health risks associated with certain food additives.
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