The Kraft Heinz Company revenue 2015-2023

Kraft Heinz generates approximately 26.64 billion U.S. dollars in global revenue annually. After large increases in revenue in 2016, revenue has been relatively stable during the last eight years. The fiscal year-end of the company is the last Saturday in December. 

The Heinz Kraft Company

On July 2, 2015, the Kraft Foods Group completed a merger with Heinz to become The Kraft Heinz Company. The company is Co-headquartered in Pittsburgh and Chicago, in the United States. In 2023, the company spent approximately 147 million U.S. dollars on research and development (R&D). The United States is central to the production of the company's products. Nearly half of the number of factories operated by the Kraft Heinz Company are located in the United States.

The cheese market in the United States

After Condiments and sauces, cheese and dairy products make up the second-largest amount of net sales among the various categories of products sold by the company. In terms of sales, 'Kraft' is one of the largest natural cheese chunk brands in the United States. Furthermore, the company is also among the leading natural sliced cheese brands in the United States. In 2023, the production of cheese in the United States amounted to approximately 6.4 million metric tons. Wisconsin and California are the states with the largest production volume. During the year 2023, Americans consumed about 41.8 pounds of cheese per capita.