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    Home»FMCG»Kellogg Revenue, Marketcap, Net Worth, Competitors 2026

    Kellogg Revenue, Marketcap, Net Worth, Competitors 2026

    DariusBy DariusJuly 12, 2013Updated:February 10, 2026No Comments6 Mins Read
    Kellogg Co. logo
    Kellogg Co. logo
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    • Founded: February 19, 1906, in Battle Creek, Michigan
    • 2024 Revenue: $12.74 billion (Kellanova) plus $2.7 billion (WK Kellogg Co)
    • 2024 Employees: Approximately 24,000 (Kellanova) plus 4,000 (WK Kellogg Co)
    • Market Cap: $29 billion (Kellanova, January 2026)
    • Products sold in: 180+ countries worldwide

    Kellogg Company was an American multinational food manufacturing company headquartered in Battle Creek, Michigan. The company produced breakfast cereals, convenience foods, crackers, and toaster pastries under brands including Corn Flakes, Rice Krispies, Frosted Flakes, Pringles, and Pop-Tarts.

    In October 2023, Kellogg split into two separate companies. Kellanova retained the snacks and international cereal business, while WK Kellogg Co took over North American cereals. Mars Inc. acquired Kellanova in December 2025 for approximately $30 billion, while Ferrero agreed to purchase WK Kellogg Co for $3.1 billion.

    Kellogg Company History

    1894
    W.K. Kellogg and his brother Dr. John Harvey Kellogg accidentally invented wheat flakes while working at the Battle Creek Sanitarium. They continued experimenting until creating corn flakes.
    1906
    W.K. Kellogg founded the Battle Creek Toasted Corn Flake Company on February 19 with 44 employees. He bought out his brother’s interest and began commercial production.
    1914
    Kellogg opened its first international factory in Canada. The company introduced wax paper packaging to keep cereals fresh.
    1922
    The company changed its name to Kellogg Company after expanding beyond corn flakes. Operations began in the United Kingdom.
    1930
    W.K. Kellogg established the W.K. Kellogg Foundation with a $66 million donation. The company shifted to 30-hour work weeks to create jobs during the Depression.
    1952
    Kellogg introduced Frosted Flakes with Tony the Tiger mascot. The brand became one of the most recognized breakfast cereals worldwide.
    2001
    Kellogg acquired Keebler Company for $4.4 billion, gaining cookie and cracker brands including Cheez-It, Famous Amos, and Murray.
    2012
    The company purchased Pringles from Procter & Gamble for $2.7 billion, becoming the world’s second-largest snack food company after PepsiCo.
    2023
    Kellogg Company split into Kellanova (snacks and international cereals) and WK Kellogg Co (North American cereals) on October 2.

    Kellogg Company Founder

    Will Keith Kellogg (1860-1951)
    W.K. Kellogg worked as a bookkeeper at his brother’s Battle Creek Sanitarium before founding the cereal company at age 46. He pioneered breakfast cereal advertising, introduced prizes in cereal boxes, and donated the majority of his fortune to establish the W.K. Kellogg Foundation.

    Kellogg Company Competitors

    Kellogg competed against major food manufacturers in the breakfast cereal and snack food markets. General Mills overtook Kellogg as the top U.S. cereal producer in 2001. The company also faced competition from private label brands, which grew to 9% market share by 2024.

    Company Primary Products Headquarters
    General Mills Cheerios, Lucky Charms, Nature Valley Minneapolis, Minnesota
    Post Holdings Honey Bunches of Oats, Grape-Nuts, Pebbles St. Louis, Missouri
    Nestlé Cheerios (international), Nesquik, Fitness Vevey, Switzerland
    PepsiCo (Quaker Oats) Quaker Oatmeal, Life Cereal, Cap’n Crunch Harrison, New York
    Mondelēz International Oreo, Ritz, belVita Deerfield, Illinois
    B&G Foods Cream of Wheat, Back to Nature Parsippany, New Jersey
    Bob’s Red Mill Oats, Granola, Hot Cereals Milwaukie, Oregon
    Nature’s Path Organic cereals, Granola bars Richmond, British Columbia
    Kashi (now WK Kellogg) Organic cereals, Plant-based foods La Jolla, California
    MOM Brands Malt-O-Meal, private label cereals Minneapolis, Minnesota

    Kellogg Company Revenue

    Kellogg Company generated annual revenues between $12 billion and $15 billion throughout the 2010s and early 2020s. The company reached peak revenue of $15.8 billion in 2022 before the corporate split reduced each successor company’s individual sales.

    Kellogg Company Annual Revenue (2015-2024 in billions USD)
    $13.5B
    2015
    $13.0B
    2016
    $12.9B
    2017
    $13.5B
    2018
    $13.6B
    2019
    $13.8B
    2020
    $14.2B
    2021
    $15.8B
    2022
    $13.1B
    2023*
    $12.7B
    2024*

    *2023-2024 figures represent Kellanova only, following October 2023 corporate split

    Kellogg Company Acquisitions

    Kellogg Company expanded beyond breakfast cereals through strategic acquisitions over several decades. The company built a portfolio spanning cookies, crackers, snack foods, and plant-based products through more than 15 major purchases.

    The 2000 acquisition of Kashi Company marked Kellogg’s entry into the natural and organic foods segment. Kashi gave the company access to health-conscious consumers seeking whole grain and plant-based options. The brand later expanded into frozen meals and snack bars.

    Kellogg’s $4.4 billion purchase of Keebler Foods in 2001 was the largest acquisition in company history at that time. The deal brought Cheez-It crackers, Famous Amos cookies, and the Keebler elf mascot into the portfolio. Kellogg later sold portions of the cookie business to Ferrero in 2019 for $1.3 billion.

    The $2.7 billion Pringles acquisition from Procter & Gamble in 2012 transformed Kellogg into a global snacks powerhouse. Pringles operated in over 140 countries and gave Kellogg stronger international distribution. This purchase positioned the company as the second-largest snack food manufacturer worldwide.

    In 2017, Kellogg acquired RXBAR for $600 million, adding a fast-growing protein bar brand popular with fitness consumers. The Chicago-based company was founded in 2012 and sold bars made from simple ingredients like egg whites, nuts, and dates. RXBAR later expanded into nut butters and children’s snack products.

    Mondelēz International pursued similar acquisition strategies in the snack food sector during this period, making the global snacks market increasingly competitive.

    Kellogg Company Market Cap

    Kellogg Company’s market capitalization ranged between $20 billion and $28 billion during the decade before its 2023 split. The combined value of successor companies Kellanova ($29 billion) and WK Kellogg Co ($2 billion) exceeded the pre-split valuation by early 2026.

    Kellogg Company Market Cap (2015-2024 in billions USD)
    $23.4B
    2015
    $25.7B
    2016
    $23.4B
    2017
    $22.1B
    2018
    $21.9B
    2019
    $21.7B
    2020
    $21.8B
    2021
    $24.4B
    2022
    $23.1B
    2023
    $31.0B
    2024*

    *2024 represents combined market cap of Kellanova ($29B) and WK Kellogg Co ($2B)

    FAQs

    Who founded Kellogg Company?

    Will Keith Kellogg founded the Battle Creek Toasted Corn Flake Company on February 19, 1906, in Battle Creek, Michigan. He started with 44 employees after developing corn flakes with his brother.

    Why did Kellogg split into two companies?

    Kellogg split in October 2023 to let each business focus on its core market. Kellanova handles snacks and international cereals, while WK Kellogg Co manages North American cereal brands.

    Who owns Kellogg Company now?

    Mars Inc. acquired Kellanova in December 2025 for approximately $30 billion. Ferrero agreed to purchase WK Kellogg Co for $3.1 billion, with the deal pending completion.

    What brands does Kellogg own?

    Kellanova owns Pringles, Cheez-It, Pop-Tarts, Eggo, and international Kellogg’s cereals. WK Kellogg Co owns Frosted Flakes, Froot Loops, Raisin Bran, and Special K in North America.

    Where is Kellogg Company headquarters?

    Kellanova is headquartered in Chicago, Illinois. WK Kellogg Co remains in Battle Creek, Michigan, where W.K. Kellogg founded the original company in 1906.

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    Darius
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    I've spent over a decade researching and documenting the stories behind the world's most influential companies. What started as a personal fascination with how businesses evolve from small startups to global giants turned into CompaniesHistory.com—a platform dedicated to making corporate history accessible to everyone.

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