Sector: Consumer Staples|Industry: Confectioners|Market Cap: $80.26B|Employees: 91K
Mondelēz International is one of the world's largest snack companies, with a core business focused on making and selling chocolate, biscuits, and baked snacks. The company's portfolio includes iconic global and local brands such as Oreo, Ritz, and Cadbury Dairy Milk. Mondelēz operates in over 150 countries, with a strong presence in both emerging and developed markets.
Mondelēz International is a global snack company that manufactures and sells chocolate, biscuits, and baked snacks, as well as gum & candy, cheese & grocery, and powdered beverages. The company's portfolio includes iconic global and local brands such as Oreo, Ritz, LU, CLIF Bar, Tate's Bake Shop, Cadbury Dairy Milk, Milka, and Toblerone. They operate in over 150 countries with a focus on growth, execution, culture, and sustainability. Their strategic plan prioritizes fast-growing core categories and leveraging their global footprint and strong brand portfolio.
Dirk Van de Put has served as CEO since November 2017 and Chairman of the Board since April 2018. Luca Zaramella has served as CFO since August 2018. Other executives have varied tenures and backgrounds in the food and beverage industry.
Mondelēz's brands span five product categories:
Mondelēz operates through four reportable segments:
The portion of net revenues generated outside the United States was 73.4% in 2023.
Mondelēz aims to be the global leader in snacking by focusing on growth, execution, culture, and sustainability. Their strategic priorities include accelerating consumer-centric growth, driving operational excellence, building a winning growth culture, and scaling sustainable snacking. They focus on investing in both global and local brands, expanding into high-growth channels, and increasing their presence in under-represented segments and price tiers. They also emphasize digital commerce and a diverse workforce.
Mondelēz operates in the highly competitive food and snacking industry. Key market trends include changing consumer preferences, increasing focus on well-being and sustainability, and the growth of digital commerce. The company competes with global, regional, and local competitors, including other food, snack, and beverage companies, as well as retailers with their own private label products. They focus on product quality, brand recognition, service, innovation, and meeting consumer preferences to maintain their market positions.
(Generated from latest 10-K filing)