Kraft Heinz is known as an American multinational food company. It was formed by the merger of Kraft Foods and Heinz. Currently, Kraft Heinz operates from two locations, Illinois and Pennsylvania, US. The company ranks as the third-largest food and beverage company in North America. Worldwide, it is the fifth-largest name. In 2020, Kraft Heinz reported sales of over $26 billion. The company also employed more than 38,750 employees that year.
Kraft Heinz started its operations in 2015 through the underlying merger. However, the companies in that merger have a long history in the food industry. While Kraft Heinz is its primary brand, it also owns various well-known global brands. Despite its prominence in the industry, Kraft Heinz faces significant competition.
The top 10 Kraft Heinz competitors and alternatives include the following names.
1. Mondelez International
Mondelez International is an American brand. It is well-known for its confectionery, food, holding and average and snack items. Currently, it operates from Chicago, Illinois. Mondelez is one of the top companies in the market. Its operations span over 160 countries. In 2021, it ranked 108th in the Fortune 500 list in the US based on total revenues.
Mondelez International originated as Kraft Foods Inc. The company started its operations in 1923. Later, the present enterprise got established in 2012 after renaming the company to Mondelez. The company retained its snack food business. However, it spun off its grocery business into Kraft Foods Group. Mondelez International generated revenues of $26.581 billion in 2021.
2. Nestle
Nestle is a Swiss multinational food and drinks processing conglomerate corporation. It operates from Vaud, Switzerland. In 2014, it ranked as the largest food company in various metrics, including revenues. The company also stood on the 64th spot on the Fortune Global 500 list in 2017. Nestle’s operations span over several areas and industries. It is one of the primary competitors in the food industry.
Nestle started its operations in 1905 after a merger between two companies. The company experienced significant growth during the First World War. Later, it grew even further in the Second World War. Over the years, Nestle has acquired various competitors and other similar brands. Today, it offers the broadest product range in the market. In 2020, Nestle reported revenues of around $90.321 billion.
3. Danone
Danone is a multinational food corporation that operates in Paris. The company started its operations in Barcelona, Spain, in 1919. Later, it moved its operations to Paris. On top of that, Danone also operates in the US under the Dannon brand. Currently, Danone sells products in over 120 markets. The company provides various products in the food industry like other competitors on this list.
Danone’s products include baby food, coffee, dairy and dairy-free products, bottled water and dietary supplements. The company also operates various international and local brands. In some areas, Danone also operates under joint ventures. The company reported revenues of €25.3 billion in 2020. Similarly, it employed over 102,000 employees in its global markets in 2019.
4. Kerry Foods
Kerry Foods, or Kerry Group, is a public food company. Its products include food ingredients and flavours, cheese and cheese snacks, ready meals, sausages, and much more. Currently, it operates from Ireland and is a listed company on the Dublin ISEQ and London stock exchange. Kerry Foods competes with Kraft Heinz in various markets.
Kerry Foods started its operations in 1972 in Listowel, County Kerry. The company employs over 26,000 employees in manufacturing, sales and technical centres worldwide. Similarly, it supplies 18,000 products in over 140 countries globally. Kerry Foods reported revenues of €7.2 billion in 2019. The company has been active in various markets and acquired several other companies to expand operations.
5. Unilever
Unilever is a UK-based multinational consumer goods company. The company operates from London, England. Currently, it offers various products. These include food, condiments, ice cream, minerals and supplements, tea, coffee, beauty products, and much more. Unilever competes with Kraft Heinz in several markets for its food products. Similarly, the company owns over 400 brands in many markets.
Unilever organizes its operations in three divisions. One of those includes Foods and Refreshments, where it provides several well-known products. While these consist of a broad range of items, they compete with Kraft Heinz in some areas. Unilever is one of the most prominent names in the global market. The company reported revenues of €52.444 billion in 2021.
6. ADM
ADM (Archer Daniels Midland Company) is an American multinational food processing corporation. However, it also competes in commodities trading marketing. On top of that, it also provides agricultural storage and transportation services. ADM offers a broad range of products and services. However, it competes with Kraft Heinz in the food processing sector.
ADM started its operations in 1902 in Chicago, Illinois. The company’s food products include oils and meals from soybeans, cottonseed, sunflower seeds, canola, peanuts and other sources. Furthermore, it offers corn syrup, sweeteners, chocolate, ethanol and wheat flour. ADM reported revenues of $264.356 billion in 2019. The food segment produces a small portion of those revenues.
7. PepsiCo
PepsiCo is well-known for its Pepsi beverage. However, the company also operates several subsidiaries that provide food products. For those products, PepsiCo competes in a similar market as Kraft Heinz. PepsiCo’s primary beverages make up a majority of its sales. Nonetheless, its food products are also essential to its income. Some of these products compete or serve as alternatives to Kraft Heinz.
PepsiCo started its operations in 1898. Currently, it operates from New York, US. Its products, on the other hand, cover the worldwide market. PepsiCo has been one of the major players in the global food and beverage market. The company reported revenues of $70.372 billion in 2020, its highest to date. During the same year, it employed over 291,000 employees.
8. Tyson Foods
Tyson Foods is an American multinational corporation that operates from Arkansas, US. The company operates in the food industry, competing with Kraft Heinz. Currently, its products include meat and cultured meat. On top of that, it also owns various subsidiaries. These include several major food brands. Tyson Foods’s activity in the investment market has been essential to its growth.
Tyson Foods is one of the most prominent names in the food industry. The company ranked 79th in the 2020 Fortune 500 list of the largest US corporations by revenues. Currently, it is one of the major players in the meat industry. While Kraft Heinz has tried to enter this segment, it has suffered various ups and downs. Tyson Foods reported revenues of $43.185 billion in 2020.
9. JBS
The most prominent name in the food industry is JBS. It is a Brazilian company that ranks as the top name in the industry by revenues. Currently, it produces factory processed beef, chicken and pork. On top of that, its products include any by-products from those meats. JBS operates from Sao Paulo, where its headquarters are. The company holds the stature of being the world’s largest butcher.
BS started its operations in 1953. Since then, it has become one of the top names in the food processing industry. Similarly, it has also been active in the investments market. JBS owns various brands and subsidiaries that contribute to its brand value. The company reported revenues of $53 billion in 2020. Similarly, it employed almost 233,800 employees in 2017.
10. Kellogg’s
Kellogg’s is a well-known brand that operates under The Kellogg Company. It is an American multinational food manufacturing company that operates from Michigan, US. Currently, it offers its products in various markets in over 180 countries. The company owns several well-known brands. However, Kellogg’s brand is its primary identifier. Kellogg’s competes with Kraft Heinz in several markets.
The Kellogg Company started its operations in 1906 as Battle Creek Toasted Corn Flake Company. At the time, the company offered a limited range of products. Since then, it has grown its business to enter various markets. Currently, Kellogg’s is one of the top names in the food industry. The company reported revenues of $13.547 billion in 2018.
Conclusion
Kraft Heinz is a well-known brand in the food industry. The company was formed by the merger of Kraft Foods and Heinz. Currently, it ranks among the top names in the foods and beverage industry worldwide. Despite that, the company faces significant competition. Some of the top Kraft Heinz competitors and alternatives include the companies listed above.
