Determining the richest biscuit
manufacturer in the world can be a bit of a challenge, as many of the leading biscuit companies are privately held and do not release detailed financial information. However, based on available data and market capitalization, it appears that the
leading player in the global biscuit market is Mondelez International, Inc.
Mondelez International is an American multinational confectionery, food, and beverage company headquartered in Chicago, Illinois. The company was formed in 2012 when Kraft Foods Inc. split into two separate companies, with Mondelez International taking over the snack and confectionery division. The company owns a portfolio of well-known biscuit brands, including Oreo, Cadbury, and Chips Ahoy!, as well as other snack brands such as Ritz, Toblerone, and Trident.
According to Forbes, Mondelez International had a net worth of $86.8 billion as of April 2021. The company reported net revenues of $26.6 billion in 2020, with biscuits and crackers accounting for a significant portion of its sales. Mondelez International operates in more than 80 countries worldwide and has a market capitalization of over $90 billion.
Mondelez International has a strong presence in emerging markets, which are expected to drive growth in the global biscuit market in the coming years. The company has invested heavily in marketing and advertising campaigns to promote its brands and expand its customer base. It has also introduced new product lines and flavors to cater to changing consumer preferences and dietary restrictions.
In conclusion, while there are several leading biscuit manufacturers in the world, Mondelez International stands out as the richest due to its extensive global presence and portfolio of popular biscuit brands. With a net worth of $86.8 billion, the company is well-positioned to capitalize on the growing demand for biscuits and other snack foods in emerging markets.
