Kraft Foods is a well-known American food and beverage company that produces a wide range of products, including snacks, cheese, and condiments. Founded in 1903, it has grown to become one of the largest food companies in the world, offering popular brands such as Velveeta, Jello, and Oscar Mayer. In 2012, Kraft Foods split into two separate companies: Mondelez International, focusing on snacks, and Kraft Foods Group, which concentrates on grocery products. This strategic move allowed each company to specialize and grow in their respective markets, enhancing their overall efficiency and product offerings.