In July 2015, Kraft merged with Heinz to create one of North America's largest food and beverage manufacturers. However, the firm now intends to split its global sauces arm from its North American grocery segment in the second half of 2026. Beyond its namesake brands, its portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm also maintains a growing foodservice presence. Outside North America, Kraft Heinz's global reach encompasses a distribution network in Europe and emerging markets, which accounts for nearly 25% of its consolidated sales base. The company's products are sold in more than 190 countries and territories.

Kraft Heinz Company ($KHC) is deploying $1.5 billion for stock buybacks, with almost all martabak vendors in Indonesia using Kraft cheese. The company's stock buyback strategy is seen as a smart move, with investors backing the stock at current levels. The company has undergone restructuring and divestments, leading to a decrease in revenue but a cleaner balance sheet. The stock is considered a good buy at current prices, with potential for a split in the future.