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The Kraft Heinz Company (NASDAQ: KHC) stands as the third-largest food and beverage company in North America and ranks fifth globally. Formed through the merger of Kraft Foods and Heinz in July 2015, the company boasts a rich portfolio of iconic brands including Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones, and Velveeta. These brands ensure high-quality, great-tasting, and nutritious food options for various eating occasions, whether at home, in restaurants, or on the go.
The Kraft Heinz Company is committed to sustainability, focusing on the health of people, the planet, and the company itself. With a distribution network that spans Europe and emerging markets, its products are available in over 190 countries and territories, contributing to 20%-25% of its consolidated sales. Retail remains a major revenue driver, accounting for approximately 85% of total sales, while the foodservice sector continues to grow.
Recent achievements highlight the company's dedication to innovation and sustainability. They have launched initiatives to reduce waste, optimize resource use, and develop healthier product options. Their robust financial condition and strategic partnerships further strengthen their market position, making them a globally trusted producer of delicious foods.
For the latest updates and more detailed information, visit www.kraftheinzcompany.com.
Kraft Heinz has officially launched Just Spices in the U.S., marking a significant step after acquiring a majority stake in the brand a year ago. This move is part of Kraft Heinz's Taste Elevation portfolio, aimed at enhancing flavor options for American consumers. Just Spices, established in 2014, features over 170 spice blends tailored for various meals and occasions. The brand primarily sells its products directly to consumers, with about 70% of sales coming from this channel. The initial U.S. launch includes ten popular spice products, priced at
Just Crack an Egg is addressing the ongoing egg crisis by partnering with FarmersOnly.com to offer egg lovers a unique opportunity. Starting April 12, consumers who purchase a Just Crack an Egg product can upload their receipt to receive a free premium subscription to FarmersOnly.com, a dating site for farmers. This initiative aims to help customers connect with farmers for fresh, affordable eggs amid skyrocketing prices and shortages. The partnership highlights the brand's commitment to innovative solutions in the face of challenges, promoting both its product and the farmers' availability. Just Crack an Egg offers convenient breakfast options made fresh in under two minutes, available nationwide.
The Kraft Heinz Company is launching a limited-edition Tax-Free Bagel, filled with Philadelphia cream cheese, in partnership with H&H Bagels. This initiative addresses the "bagel tax" in New York City, allowing consumers to enjoy an unsliced bagel without incurring additional charges for slicing and schmearing. The Tax-Free Bagel will be available from April 14 to April 18, featuring popular flavors such as Plain, Sesame, and Cinnamon Raisin. The product aims to enhance consumer experience by removing extra costs associated with enjoying a classic bagel and cream cheese pairing. Kraft Heinz, known for its commitment to transforming consumer experiences, reported approximately $26 billion in net sales for 2022.
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