Mondelez International is a leading global snack company specializing in biscuits, chocolate, gum, candy, coffee, and powdered beverages. The company was officially formed in 2012 when it was spun off from Kraft Foods Inc., allowing it to focus exclusively on the high-growth global snacking market[1][2][3][5]. Its name is a portmanteau derived from the Latin "mundus" (world) and "delicious," reflecting its mission to offer delicious snacks worldwide[2].
Mondelez traces its roots back to 1923 with the founding of National Dairy Products Corporation, which later acquired Kraft Cheese Company and other brands, evolving through various mergers and name changes before Kraft Foods Inc. was split to create Mondelez[1][4]. The company is headquartered in Chicago, Illinois, with its North American headquarters and global innovation center located in New Jersey[1].
Key achievements of Mondelez include expanding its global footprint and product portfolio through strategic acquisitions, such as Vietnam's Kinh Do (2014), premium American cookie brand Tate's Bake Shop (2018), and health-conscious brand Hu Master Holdings (2020). These acquisitions have diversified its offerings and strengthened its presence in emerging and developed markets[2][3]. Mondelez also acquired Chipita S.A. in 2021 to boost its European baked snack portfolio and acquired UK performance nutrition brand Grenade, further broadening its market reach[2][3].
Innovation and digital transformation are central to Mondelez's growth strategy. The company invests heavily in product development, introducing new flavors and healthier options, and leverages digital marketing and e-commerce to enhance consumer engagement and supply chain efficiency[3]. It employs over 110,000 people across 165 countries, with revenues exceeding $35 billion as of 2013, underscoring its scale and global impact[5].
Notably, Mondelez champions sustainability by focusing on responsible sourcing, sustainable packaging, and nou