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The Kraft Heinz Company - Company Overview and Analysis, 2023 Update

Publisher GlobalData
Published Mar 28, 2023
Length 18 Pages
SKU # GBDT17983389

Description

The Kraft Heinz Company - Company Overview and Analysis, 2023 Update


Summary

The Kraft Heinz Company - Company Overview and Analysis, 2023 Update, reports key findings as of 28th March, 2023 based on market analysis and brand diversification by industry and geography.

Kraft Heinz has a presence in the food, non-alcoholic beverages, and baby care industries, owning a variety of well-known brands, including Heinz, Kraft, Oscar Mayer, Philadelphia, Kool-Aid, and Nipiol. Kraft Heinz operates its business across the continents, such as North America, Western Europe, Asia, and Australasia. Its critical market is North America, generating 68.3% of sales in 2022. The company is actively investing in ecommerce, social media, artificial intelligence, future of work, geopolitics, supply chain management, and easy & affordable. Products under Kraft Heinz had various price changes from low to very high over the year. Regarding categories, store cupboard products, such as condiments and dressings, had a significant price increase, while impulse products, such as snacks and desserts, had single-digit increases. Understandably, e-retailers maintained the price points for impulse products to retain customers.

Scope
  • Kraft Heinz's business is majorly concentrated in the US.
  • The North American food industry presents positive outlook.
  • Kraft is likely to reap the benefits of favorable business conditions in North America.
  • Kraft Heinz targets health-conscious consumers by launching products with free from claims.
  • Kraft Heinz is actively launching products under health & wellness theme.
Reasons to Buy
  • Understand the challenges and opportunities for a specific company in order to tap into what is really impacting the industry.
  • Gain a broader appreciation of the fast-moving consumer goods industry by gaining insights from both within and outside of your sector.
  • Access valuable strategic take-outs to help direct future decision-making and inform new product development.

Table of Contents

18 Pages
Company snapshot-The Kraft Heinz Company
Company overview-The Kraft Heinz Company
Sales by region and industry-The Kraft Heinz Company
Industry forecast overview by region
Sales performance outlook The Kraft Heinz Company
Kraft Heinz's sentiment score
News and deals-Kraft Heinz's initiatives
Recruitment trends - The Kraft Heinz Company
Appendix
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