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Chile started using these some years back. I honestly like them. We also did the mascot ban as well, so no Tony the Tiger, and even Pringles cans have a censored face
The question I have, are sales of these products down? Do these implementations work to reduce unhealthy consumption? Are hospitals and medical offices seeing less revenue? If they don't actually work, what will?
At least according to the studies, and reports from people I work with and friends, yes, they do seem to work. Here you can read a Google translated article talking about the effects since the law came into effect in Chile in 2016: https://www-ciperchile-cl.translate.goog/2021/05/24/ley-de-etiquetado-evaluando-sus-efectos-en-consumidores-y-empresas-de-alimentos/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
It's good to note that another consequence of this law, is that apart from the mascots being prohibited, it's also prohibited to play ads for unhealthy foods (not sure if they need to specifically target children, or not) aren't allowed until after a certain hour in the evening, like 9:00pm or something.
We don't have that sort of data, at least not enough to determine a causal link. But the cereal manufacturers have tons of research on the best way to sell cereal. So consider the inverse. Would a cereal company need to place a cartoon mascot on the box to help sell unhealthy food to children? Would they fight so hard to keep them there if it wasn't effective?
Every medical scientist would agree that too much sugar is unhealthy. And looking at the nutritional info on the box, these foods have too much sugar. What good is a mascot in the face of cold, hard science? If it appeals to children, they will apply pressure to their parents who will purchase the food "as a treat." And as a treat, a little sugar isn't a big deal. But those kids could be equally excited about a pack of candy or some cookies, which are actual treats, not a part of your daily routine. Without Tony El Tigre, Frosted Flakes look like sugar coated khaki pocket lint. They might enjoy eating them, but they won't clamor for them in the grocery aisle.
We need pics. We've never seen that in North America