Mondelez International, Inc - Company Overview and Analysis, 2023 Update
Summary
Mondelez International, Inc - 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.
Mondelēz International Inc (Mondelēz) has a presence in the food, non-alcoholic beverages, baby care, and consumer health industry. Mondelēz operates in Western Europe, North America, Asia, Latin America, Latin America, East Europe, Middle East and Africa (AMEA), Australasia, and Africa. Its largest share of sales is from the US market. Mondelēz's food business accounted for 91.9% of its value sales in 2022. The global food industry is projected to grow across all regions, with the highest CAGR in Asia at 5.1%, followed by North America (4.6%). If the company's sales align with the global trend, its sales outlook is relatively favorable for the company. However, inflation continues to impact the industry's value growth. Thus, cost-effective operation is essential to increase profit. GlobalData's thematic scorecard indicates that the company is actively investing in artificial intelligence, future of work, easy & affordable, and geopolitics themes. For example, regarding geopolitics, the company closed two factories in Ukraine in March 2022 due to the Russia-Ukraine conflict, but one of them re-opened in late June to resume its crisp production.
Scope
Mondelēz is primarily dependent on its food business.