Kraft Foods Inc. is a well-known American food and beverage company that specializes in producing a wide range of products, including snacks, cheese, and beverages. Founded in 1903, it has grown to become one of the largest food companies in the world, with popular brands such as Kraft, Oscar Mayer, and Philadelphia. In 2012, Kraft Foods Inc. split into two separate entities: Mondelez International, which focuses on snacks and confectionery, and Kraft Foods Group, which concentrates on grocery products. This strategic move allowed both companies to better target their markets and enhance their product offerings.