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Leading Snack Producers

Mondelez International is an American multinational confectionery, food, and beverage conglomerate. Established in 2012 following a spin-off from Kraft Foods, Mondelez operates in over 150 countries and owns a plethora of iconic brands. With a vast portfolio of snacks and treats, the company is positioned as a global leader in the snack industry. The company is headquartered in Chicago, Illinois, and is listed on the Nasdaq.

The Spin-Off

Mondelez International's roots trace back to the foundation of many legacy companies, but its most immediate predecessor is Kraft Foods. The name "Mondelez" is derived from two words: "monde" from the Latin word for "world," and "delez" as an expression of "delicious." In 2012, in a strategic move to separate its global snack business from its North American grocery operations, Kraft Foods Inc. spun off its North American grocery business into a new company, Kraft Foods Group, and renamed the remaining global snacks business Mondelez International. This decision aimed to enable each entity to focus more keenly on their respective markets.

The Brands

Mondelez International is a global powerhouse in the snack industry, boasting a portfolio of iconic brands. Among its most recognizable brands are the chocolate producers Cadbury, LU, Milka, and Toblerone and the well-known Oreo cookie. Beyond these, Mondelez also owns Nabisco, the name behind classics like Ritz crackers and Chips Ahoy! cookies. Trident, one of the world's leading chewing gum brands, and Tang, a popular powdered beverage, further demonstrate the company's diverse portfolio. This is merely a snapshot of Mondelez’s brands, and their ownership of companies goes much further than what has been mentioned above.

A Global Market

Mondelez International has an expansive global presence, operating in over 150 countries. As one of the world's leading snack companies, its products can be found on shelves in nearly all corners of the world. This is however not something unique for the industry Mondelez is active in, and some of their main publicly traded competitors include names like Nestle, PepsiCo, Unilever, and other similar companies.

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Ticker symbol
MDLZ
Country
🇺🇸 United States