Kraft Foods Group happens to be among the top food and beverage companies globally with over 30 brands under its umbrella such as Cadbury, Oscar Mayer, Nabisco, Philadelphia Cream Cheese, and Kool-Aid, to mention a few.
Each brand is tailored to cater to specific consumer needs ensuring that they remain relevant and competitive in the market. It offers a diverse range of products, from snacks to meals, for consumers across all demographics.
Keep reading to read more about what companies does Kraft own, its net worth, annual revenue, number of employees, and more.
Who Owns Kraft?
Kraft is one of the largest food companies in the world, with more than $24 billion in sales and 70 global brands across 160 countries.
It’s a multinational juggernaut whose parent company is Mondelez International Inc., which itself was formed from a spinoff by Altria Group (formerly known as Philip Morris Companies).
What Companies Does Kraft Own?
Here is the list of the sectors where Kraft owns companies and brands:
1. Snacks and Treats
Kraft is well known for its delicious snacks and treats.
Some of the companies owned by Kraft in this category include Cadbury, Milka, Oreo, and Toblerone.
These brands have become staples in many households around the world with their unique flavors, shapes, and sizes.
From classic cookies to fancy chocolates, these companies offer something for everyone.
2. Beverages
Kraft also owns a variety of beverage companies that are popular among consumers of all ages.
The most popular brands they own are Kool-Aid, Capri Sun, Maxwell House Coffee, and Tang.
With these products available at just about any grocery store or convenience store you can find one that fits your needs and taste.
3. Cheese
When it comes to cheese, Kraft is a name you can trust.
They own some of the most popular brands in the US including Velveeta, Philadelphia Cream Cheese, Kraft Singles, and more.
Each brand offers high-quality products that will make for an enjoyable meal or snack anytime.
4. Prepared Meals
Kraft also owns several companies that specialize in prepared meals.
These include Stove Top Stuffing, Oscar Mayer Deli Meats, Planters Nuts, Lunchables, and more.
Whether you’re looking for something quick and convenient or something more luxurious, there’s bound to be something from one of these brands that fit your needs.
5. Condiments, Sauces, and Dips
Kraft also has a wide variety of condiments, sauces, and dips that can help make any meal taste great.
Brands like Miracle Whip, Bull’s-Eye BBQ Sauce, A1 Steak Sauce, and Grey Poupon are all part of Kraft’s portfolio of products.
These items are available in stores all over the world and add an extra layer of flavor to your favorite recipes.
When Was Kraft founded?
Kraft was founded in 1903 by James L. Kraft who used a rented wagon and $65 in funds to begin selling cheese door-to-door.
Over a century later, Kraft has become a global brand that has produced some of the most-loved cheese products!
It’s amazing to think how far the brand has come since its humble beginnings. But one thing is for sure: Kraft’s legacy as a tasty and innovative cheese maker continues to live on today.
Who is the CEO of Kraft?
The CEO of Kraft is Miguel Patricio, a seasoned executive with over 30 years of experience who joined the company in 2019.
Under his leadership, Kraft is heading towards a bright and promising future, and we can’t wait to see what they have in store for us next.
What is the Net Worth of Kraft?
As of July 2023, the Kraft’s net worth is estimated to be around $44.38 billion.
That’s a staggering amount of money, and it speaks volumes to the success of the company.
With a commitment to excellence and a dedication to producing the best possible products, it’s no wonder that Kraft has been able to achieve such an impressive net worth.
Where is the Headquarters of Kraft?
Kraft Foods Group, Inc.’s headquarters is located in Northfield, Illinois.
This suburban location serves as the hub for all of Kraft’s operations, including the development of some of its most popular products such as Velveeta cheese, Jell-O gelatin, and Maxwell House coffee.
With a dedicated team of employees working hard behind the scenes, it’s no wonder why Kraft remains a leader in the food industry.
What is the Annual Revenue of Kraft?
Kraft’s revenue was approximately $26.92 billion in March 2023 for the last 12 months.
Kraft is a profitable company that can weather economic downturns and maintain its position as a market leader.
Whether you’re a foodie or an investor, you’ll want to keep an eye on Kraft’s financials and strategic moves in the years to come.
How Many Employees Does Kraft Have?
As of 2022, Kraft employed around 43,000 people globally across their multiple locations and warehouses in over 160 countries.
It’s no wonder why Kraft has been able to achieve tremendous success over the years – they have a diverse team that works together to make sure the customers receive only the best quality products.
With such a dedicated workforce, it’s easy to see why Kraft remains at the forefront of innovation and customer satisfaction in its industry.
FAQs
What is Kraft’s Stock Symbol?
Kraft Foods Group Inc.’s stock symbol on the New York Stock Exchange is KRFT.
Is Kraft a Global Brand?
Yes, Kraft is a global brand. They are present in more than 160 countries and have over 70 brands around the world.
How Many Brands Does Kraft Have?
Kraft has over 70 brands under its umbrella.
What is Kraft’s Biggest Product?
One of Kraft’s most successful and top-selling products is Velveeta, a processed cheese product.
Why is Kraft Changing its Name?
Kraft is changing its name to Mondelez International Inc.
What Was Kraft’s First Product?
Kraft’s first product was Jell-O gelatin.
Who is Kraft’s Competition?
Kraft’s main competitors are General Mills, Nestle, Unilever, and Conagra Brands.
What Companies are in the Kraft Group?
Kraft Heinz, Mondelez International, Cadbury, Philadelphia Cream Cheese, Planters Nuts, Kool-Aid, Oreo Cookies, and Jell-O Gelatin.
Is Kraft a Trademark?
Yes, Kraft is a trademark. It was registered with the United States Patent and Trademark Office.
When did Kraft Change its Logo?
Kraft changed its logo in 2012.
When Did Kraft Split into Two Companies?
Kraft split into two separate companies in 2012 named Mondelez International Inc. and Kraft Foods Group, Inc.
Is Kraft Canadian or American?
Kraft is an American company.