Kraft Heinz’s Revenue by Product Line (2016-2022)

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About

This statistic highlights Kraft Heinz’s Revenue by Product Line, split between Ambient meals, Cheese and Dairy, Coffee, Condiments and Sauces, Desserts, toppings and baking, Frozen & chilled meals, Infant and nutrition, Meats and seafood, Nuts & salted snacks, Refreshment beverages, and Other.  
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This statistic highlights Kraft Heinz’s Revenue by Product Line, split between Ambient meals, Cheese and Dairy, Coffee, Condiments and Sauces, Desserts, toppings and baking, Frozen & chilled meals, Infant and nutrition, Meats and seafood, Nuts & salted snacks, Refreshment beverages, and Other.  

Kraft Heinz’s Revenue by Product Line  

Product line Q1 2021 Q1 2020 YoY Growth Revenue share in Q1 2021
Ambient meals $698 $716 -3% 11%
Cheese and dairy $1233 $1139 8% 19%
Coffee $210 $275 -24% 3%
Condiments and sauces $1682 $1581 6% 26%
Desserts, toppings, and baking $242 $204 19% 4%
Frozen and chilled meals $674 $648 4% 11%
Infant and nutrition $107 $113 -5% 2%
Meats and seafood $611 $590 4% 10%
Nuts and salted snacks $251 $250 0% 4%
Other $275 $252 9% 4%
Refreshment beverages $411 $389 6% 6%
Total $6394 $6157 4% 100%

(All figures in millions, except percentages)

Ambient meals

Ambient food includes tinned foods and other products that can be stored safely and usually have a long shelf life. Kraft Heinz sells canned products which include staples like canned beans and canned tomatoes. As of Q1 2021, Kraft Heinz generated 11% of total revenue amounting to $698 million from this category. However, revenue from this segment has decreased by 3% year-over-year from $716 million in Q1 2020.

Cheese and Dairy

Kraft Heinz’s cheese and dairy product segment consists of processed cheese, natural cheese, crumbles, cheese snacks, string, and slices. Some of the brands under this category are Athenos, POLLY-O, Digirorno, Velveeta, Classico, Knudsen, Hoffman’s, May-Bud, Philadelphia cream cheese, Breakstone’s, etc. As of Q1 2021, Kraft Heinz generated 19% of total revenue amounting to $1.23 billion from this category. Revenue from this segment has increased by 8% year-over-year from $1.14 billion in Q1 2020.

Coffee

Under this category, Kraft Heinz offers Coffee-Instant, Freeze-dried, and Coffee Pods. Some of the brands under this category are Maxwell House and Sanka. As of Q1 2021, Kraft Heinz generated 3% of total revenue amounting to $210 million from this category. However, revenue from this segment has decreased by 24% year-over-year from $275 million in Q1 2020.

Condiments and Sauces

Under this category, Kraft Heinz offers various kinds of sauces like barbecue, buffalo, cocktail, marinades, grilling, as well as condiments. Some of the brands offering food under this segment are Yoshida, Bull’s eye, Jack Daniel’s, Athenos, Food Network, Catelli, Instant Pot, Bitten, Diana Sauce, Classico, Wildstyle, Good Seasons, Grey Poupon, A.1. Lea & Perrins, Claussen, Momofuku, Miracle Whip, and Taco Bell. As of Q1 2021, Kraft Heinz generated 26% of total revenue amounting to $1.68 billion from this category. Revenue from this segment has increased by 6% year-over-year from $1.58 billion in Q1 2020.

Desserts, toppings, and baking

Kraft Heinz offers an entire line of great dessert and baking products. It offers pie fillings, dessert kits, marshmallows, Flake coconut, gelatin, sugar, whip cream, instant pudding, etc. Some of the brands under this category are Knox, Jell-O, Hershey’s, Svedka, Sure-Jell, MCP, Cool Whip, Calmet, Minute, BAker’s, Certo, Kool-Aid, Jet-Puffed, Dream-Whip, Planters, and Philadephia. As of Q1 2021, Kraft Heinz generated 4% of total revenue amounting to $242 million from this category. Revenue from this segment has increased by 19% year-over-year from $204 million in Q1 2020.

Frozen & chilled meals

Kraft Heinz’s frozen and chilled meals category offer different type of frozen pizza, pasta, sticks, cheeseburgers, spaghetti, etc. Some of the brands offering frozen items are Devour, NAncy’s, Bagel Bites, Poppers, Oscar Mayer, Smart ones, Velveeta, Smart made, TGI Fridays, Delimex, Ore-Ida, etc. As of Q1 2021, Kraft Heinz generated 11% of total revenue amounting to $674 million from this category. Revenue from this segment has increased by 4% year-over-year from $648 million in Q1 2020.

Infant and nutrition

Kraft Heinz provides better products through reformulation and new developments. It aims to provide more natural products, more vegetables, and fruits, smaller serving sizes, and focus more on positive nutrients. As of Q1 2021, Kraft Heinz generated 2% of total revenue amounting to $107 million from this category. However, revenue from this segment has decreased by 5% year-over-year from $113 million in Q1 2020.

Meats and seafood

This segment offers bacon, corn dog, franks, links, pork sausage, wieners, etc. Some of the brands under this segment are Hickory Country, Boca, Lunch combos & Lunchables, Bold Butcher, and Oscar Mayer. As of Q1 2021, Kraft Heinz generated 10% of total revenue amounting to $611 million from this category. Revenue from this segment has increased by 4% year-over-year from $590 million in Q1 2020.

Nuts & salted snacks

Under this category offers cashew, ranch, peanuts, snacks, cookies, chips, etc. Some of the brands selling under this category are Fruit Love, PLANTERS DELUXE, Lunchables, Athenos, Corn Nuts, Oscar Mayo, Cheez Whiz, etc. As of Q1 2021, Kraft Heinz generated 4% of total revenue amounting to $251 million from this category.

Refreshment beverages

Under this category offers Liquid Concentrate beverages, powdered soft drinks, Ready drink juices, and water. Some of the brands selling under this category are Drink Mixes, Creative Roots, ARIZONA, Baileys, etc. As of Q1 2021, Kraft Heinz generated 4% of total revenue amounting to $275 million from this category. Revenue from this segment has increased by 9% year-over-year from $252 million in Q1 2020.

Other

Kraft Heinz’s revenue in this category comes from soups from O That’s Good, Mrs.Grass, and Wylers; spices; and kitchen tools & gadgets including automatic keystone dispensers, beverage dispensers, condiments dispensers, and tabletop caddles. As of Q1 2021, Kraft Heinz generated 6% of total revenue amounting to $411 million from this category. Revenue from this segment has increased by 6% year-over-year from $389 million in Q1 2020.

Company Overview

The Kraft Heinz Company is an American-based company established in 2015 by a merger of Kraft Foods and H.J. Heinz. Its headquarters are in Chicago and Pittsburgh. The Kraft Heinz Company’s common stocks are traded on the NASDAQ Stock Market LLC under the trading symbol “KHC”.

Kraft Heinz Company is the 5th largest beverage and food company worldwide. It offers more than 200 household brands. Some of its competitors are Dean Foods, Keurig Dr. Pepper, Land O’Lakes, Mars, General Mills, Kellogg, Kerry Group, Danone, and Nestle.

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