Mondelēz International is one of the world’s largest snack companies, with a portfolio spanning chocolate, biscuits, baked snacks, gum, candy, beverages, and other food categories. The company sells products in more than 150 countries and owns globally recognized brands including Oreo, Cadbury, Milka, Toblerone, Ritz, LU, Clif, and Tate’s Bake Shop.
For investors, consumers, job seekers, and anyone researching the global food industry, understanding Mondelēz International means looking beyond its famous products. Its business model combines established brands, international distribution, acquisitions, category expansion, and continued investment in snacking.
What Is Mondelēz International?
Mondelēz International, Inc. is a global snack-food company headquartered in Chicago, Illinois. The company was created in 2012 when Kraft Foods split its global snacks business from its North American grocery operations.
Today, Mondelēz International focuses primarily on chocolate and biscuits and baked snacks, while also operating in gum and candy, beverages, cheese, and grocery categories. Its stated purpose is to “empower people to snack right,” reflecting a strategy centered on convenient food occasions and strong consumer brands.
The company is publicly traded on the Nasdaq under the ticker symbol MDLZ. Its scale makes it an important participant in the global packaged-food and consumer-staples markets.
Mondelēz International Brands
Brand strength is central to the company’s business. Its portfolio includes products with different price points, consumer occasions, and geographic positions.
| Category | Notable Mondelēz brands |
|---|---|
| Biscuits & baked snacks | Oreo, Ritz, LU, belVita, Chips Ahoy!, Clif, Tate’s Bake Shop |
| Chocolate | Cadbury, Milka, Toblerone, Côte d’Or, Lacta |
| Gum & candy | Halls, Sour Patch Kids, Trident, Maynards Bassetts |
| Beverages | Tang, Bournvita |
| Cheese & grocery | Philadelphia and selected regional brands |
The company’s official brand portfolio lists products across biscuits, chocolate, gum and candy, baked snacks, meals, and beverages. The mix also includes brands that are particularly strong in individual markets, allowing the company to combine global names with local consumer preferences.
That combination is significant. A brand such as Oreo can be marketed across numerous countries, while regional brands can address tastes and shopping habits that differ from one market to another.
How Large Is Mondelēz International?
The latest full-year figures provide a useful picture of its scale. In 2025, Mondelēz International reported net revenues of approximately $38.5 billion, compared with $36.4 billion in 2024. Reported revenue increased 5.8%, while organic net revenue increased 4.3%.
The company had about 90,000 employees worldwide in 2025 and served more than 150 countries. Its annual report identifies biscuits and baked snacks and chocolate as its core businesses.
Revenue was geographically diversified in 2025:
- Europe generated about $15.0 billion.
- North America generated about $10.7 billion.
- Asia, Middle East and Africa generated about $7.9 billion.
- Latin America generated about $4.9 billion.
This geographic spread reduces the company’s dependence on any single national market, although currency movements, commodity costs, consumer demand, and regional economic conditions can still influence results.
What Drives the Business?
Mondelēz International’s largest category is biscuits and baked snacks. In 2025, that category generated about $18.4 billion in revenue, followed by chocolate at approximately $12.7 billion. Gum and candy contributed around $4.1 billion, while cheese and grocery and beverages accounted for smaller portions of the portfolio.
The company’s approach depends heavily on recognizable brands and broad distribution. Products such as Oreo and Cadbury can benefit from marketing investment and global scale, while acquisitions can provide access to new categories or consumer segments.
Acquisitions have been part of this strategy for years. The company also reported that its 2025 results included incremental revenue from its November 2024 acquisition of Evirth, illustrating how portfolio expansion can contribute to reported growth.
💡 Pro Tip: When evaluating Mondelēz International as a business, separate reported revenue growth from organic growth. Reported figures can be affected by acquisitions, divestitures, and currency movements, while organic growth gives a clearer indication of underlying business performance.
2025 Financial Performance at a Glance
Mondelēz International’s 2025 results were mixed rather than uniformly positive. Revenue increased, but profitability was affected by several factors.
| Metric | 2025 result | Change vs. 2024 |
|---|---|---|
| Net revenue | $38.5 billion | +5.8% |
| Organic net revenue | $37.9 billion | +4.3% |
| Operating income | $3.5 billion | -44.1% |
| Net earnings | $2.5 billion | -46.8% |
| Diluted EPS | $1.89 | -44.7% |
| Free cash flow | $3.2 billion | — |
The sharp decline in reported operating income and earnings shows why revenue alone does not provide a complete picture of corporate performance. Mondelēz International reported $4.5 billion in cash provided by operating activities and $3.2 billion in free cash flow for 2025.
For shareholders, therefore, the more useful assessment combines sales growth, margins, cash generation, capital allocation, and management’s expectations for future performance.
📌 Key Takeaway: Mondelēz International is best understood as a diversified global snacking company built around powerful consumer brands. Its 2025 results show continued revenue growth and substantial cash generation, while also highlighting the effects that costs, pricing, volume, currency, and other financial factors can have on profitability.
Frequently Asked Questions
Is Mondelēz International a U.S. company?
Yes. Mondelēz International, Inc. is headquartered in Chicago, Illinois, and is incorporated in the United States. Although it is a U.S.-based company, its operations are highly international, with products sold in more than 150 countries.
What are Mondelēz International’s biggest brands?
Its portfolio includes Oreo, Cadbury, Milka, Toblerone, Ritz, LU, belVita, Chips Ahoy!, Clif, Tate’s Bake Shop, Trident, Halls, Sour Patch Kids, and Philadelphia. The precise availability of individual brands varies by country and market.
How much revenue did Mondelēz International make in 2025?
The company reported $38.537 billion in net revenues for 2025, up from $36.441 billion in 2024. Organic net revenue increased 4.3% during the year.
What products does Mondelēz International make?
Its principal businesses include chocolate, biscuits and baked snacks, gum and candy, beverages, and cheese and grocery products. Chocolate and biscuits and baked snacks represent the company’s two largest reported product categories.
Where can investors find official Mondelēz financial information?
Investors can find annual reports, earnings releases, SEC filings, presentations, and other financial information through the company’s Investor Relations resources. The company’s annual-report archive also provides historical reports for comparison.
Conclusion
Mondelēz International has evolved into a large, globally diversified snacking company whose competitive position is closely tied to its portfolio of recognizable brands. Its 2025 performance showed higher revenue and continued global scale, although profitability declined substantially from the prior year. For anyone researching the company, its brands, geographic diversification, category exposure, and financial results provide the clearest picture of how Mondelēz International operates and where its future growth may come from.
