Imagine hogging onto a pack of delectable fries with a big gulp cola, does it reek of calories and a forbearer of the all pervasive and a nervous “hey, have I put on some..eh?” Wait a minute; did ‘He’ just listen to you? Not sure, but yes, the guys at Proctor & Gamble of course did!
The devil lied in the details, 1996 saw P&G being granted FDA approval to use in snacks, but there was a caveat. Each pack was to carry a label: “This product contains Olestra. Olestra may cause abdominal cramping and loose stools. Olestra inhibits the absorption of some vitamins and other nutrients. Vitamins A, D, E, and K have been added.” In documents marked "Confidential and Proprietary," Frito-Lay admits that olestra caused "anal oil leakage" in a study commissioned by the company.
Stock markets were bullish on P&G and waited with a bated breath; P&G had poured in almost a billion dollars into it and now was the time to reap on it. In the face of threat of product failure looming large, P&G decided to license it to other chip manufacturers. The sales? Their was a great interest in the product This interest came in spite of over a thousand reports of adverse side effects associated with Olestra, including severe diarrhea, fecal incontinence, and abdominal cramps. To counter these claims, Procter and Gamble hired numerous consultants and dietitians to back up the product and spent even more money on advertising. Nationwide marketing of the WOW! Chips and Fat Free Pringles began in the spring of 1998, and there was a huge initial boom in sales.
But the sales dipped quickly, the reasons for which are not difficult to comprehend either. A lot of cases were reported, an equal number would have gone unreported. It has since remained an oligopolistic market.
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