10 Best Food Stocks to Buy According to Billionaires

7. Mondelez International, Inc. (NASDAQ:MDLZ)

Total Number of Billionaires: 12 

Dollar Value of Billionaire Holdings: $404,923,176 

Mondelez International, Inc. (NASDAQ:MDLZ) is a global leader in the snack food industry, specializing in products like confectionery, biscuits, baked snacks, gum, and beverages. The company owns iconic brands such as Oreo, Cadbury Dairy Milk, Ritz, and Toblerone.

Mondelez International, Inc. (NASDAQ:MDLZ)’s 4.3% organic net revenue increase in the year ending December 31, 2024, was driven by the consistent consumer demand for the company’s sugar-based products. Despite rising input costs, the company successfully applied pricing tactics, resulting in a 5.1% increase in gross profit. With a 6.2% growth in revenue, emerging markets played a major role in this expansion.

Additionally, Mondelez International, Inc. (NASDAQ:MDLZ) showed its strong financial footing by returning $4.7 billion to shareholders through dividends and share buybacks. A $0.47 quarterly dividend per share, due on April 14, 2025, was just announced by the board. Thus, this outstanding result, which contributed to the company’s shares rising by nearly 11% YTD, strengthened investor confidence in Mondelez’s portfolio.

To increase its market reach, Mondelez International, Inc. (NASDAQ:MDLZ) has also looked into new products and strategic partnerships. One significant move that let the business reach a larger audience with its well-known brands, such as Ritz and Oreo, was its multi-year partnership with Inter Miami CF. To attract a larger audience, Mondelez has also used innovative pricing and packaging techniques. For Oreo, Ritz, and Chips Ahoy!, for instance, it has developed new stack packs that provide affordable serving sizes. The company has also moved to diversify its portfolio by purchasing a controlling stake in Evirth, particularly in China’s expanding market for frozen to chilled baked snacks.