
Philadelphia cream cheese is wholly owned by Kraft Heinz Company (NASDAQ: KHC), a publicly traded American food corporation headquartered in Chicago, Illinois. The brand was created in 1872 by William Lawrence, a dairyman in Chester, New York. Kraft Foods acquired the brand in 1928 through its purchase of Phenix Cheese Company. Philadelphia is the best-selling cream cheese brand in the United States, sold in over 90 countries with annual revenue exceeding 1 billion USD.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Philadelphia | Kraft Heinz Company | Wholly owned |
Philadelphia cream cheese was created in 1872 by William Lawrence, a dairyman from Chester, New York. Lawrence was attempting to reproduce Neufchatel, a French soft cheese, when he developed a richer version made with cream instead of milk. This accidental creation became what is now known as cream cheese.
The brand name "Philadelphia" was adopted in 1880. At the time, the city of Philadelphia was associated with high-quality food products, and many food companies used the Philadelphia name to signal premium quality. The cheese was never manufactured in Philadelphia. Lawrence sold the cheese under the Empire Company label, and the Phenix Cheese Company later acquired the brand and registered the Philadelphia name.
In 1928, Kraft Foods acquired the Phenix Cheese Company, bringing the Philadelphia brand into the Kraft portfolio. Under Kraft's ownership, Philadelphia became the best-selling cream cheese brand in the United States. Kraft invested in national advertising, expanded distribution, and developed new product formats including flavored varieties and spreadable tubs.
When Kraft Foods split into two companies in 2012, Philadelphia remained with the North American grocery business, which became Kraft Foods Group. In 2015, Kraft Foods Group merged with H.J. Heinz to form Kraft Heinz. Philadelphia became part of the combined company's portfolio of iconic brands.
In 2023, Philadelphia launched its first plant-based cream cheese spread nationwide in the United States. The product was developed to address growing consumer demand for dairy alternatives. During regional test markets, 70% of purchasers reported that the product exceeded their expectations, with repeat purchase rates nearly double the category average.
In 2025, Philadelphia expanded into frozen desserts with its first frozen cheesecake product and a new cinnamon cream cheese frosting. The brand sells more than 50 million pounds of cream cheese each holiday season for cheesecakes and seasonal recipes.
Is Kraft Heinz publicly traded?
Yes, Kraft Heinz is publicly traded on the NASDAQ stock exchange under the ticker symbol KHC. The company has been publicly traded since the 2015 merger of Kraft Foods and H.J. Heinz. Major shareholders include Berkshire Hathaway and 3G Capital.
Who owns Kraft Heinz?
Kraft Heinz is owned by its public shareholders. Berkshire Hathaway, Warren Buffett's conglomerate, is the largest shareholder. 3G Capital, the Brazilian-American investment firm that engineered the 2015 merger, also maintains a significant ownership stake. Both entities have representatives on the board of directors.
When was Kraft Heinz founded?
Kraft Heinz was founded on July 2, 2015, through the merger of Kraft Foods Group and H.J. Heinz Company. The merger was orchestrated by 3G Capital and Berkshire Hathaway. The constituent companies have much longer histories: Heinz was founded in 1869 and Kraft Foods traces its origins to 1903.
What is Kraft Heinz's revenue?
Kraft Heinz reported net sales of $24.9 billion for fiscal year 2025, the year ended December 27, 2025. This was a 3.5% decrease from the prior year. The company generated $3.7 billion in free cash flow and returned $2.3 billion to stockholders. In Q2 2026, net sales were $6.3 billion, down 1.4% year over year.
Who is the CEO of Kraft Heinz?
Steve Cahillane is the CEO of Kraft Heinz. He announced a strategic shift away from cost-cutting toward brand investment, committing $700 million across marketing, sales, R&D, and product superiority in 2026. Cahillane said the company's challenges are "fixable and within our control" and that the opportunity is "larger than expected."
What brands does Kraft Heinz own?
Kraft Heinz owns numerous iconic food brands including Heinz ketchup, Kraft macaroni and cheese, Oscar Mayer meats, Philadelphia cream cheese, Velveeta, Maxwell House coffee, Lunchables, Ore-Ida frozen potatoes, Jell-O, Kool-Aid, Classico pasta sauce, and Grey Poupon mustard.
Why did Kraft Heinz take impairment charges?
Kraft Heinz recorded $9.3 billion in non-cash impairment charges in fiscal 2025, reflecting the reduced value of brands and goodwill. This followed a $15.4 billion impairment in 2019. The charges reflect years of underinvestment in brand building under 3G Capital's cost-cutting model and changing consumer preferences away from processed foods.
Philadelphia does not hold independent sustainability certifications. The brand does not publish a separate sustainability report. Environmental and social initiatives are managed at the Kraft Heinz corporate level.
Kraft Heinz has set environmental goals including reducing greenhouse gas emissions, optimizing energy efficiency, and transitioning to renewable energy across production facilities. The company has committed to making 100% of its packaging recyclable, reusable, or compostable by 2025. Philadelphia's packaging, including foil wrappers and plastic tubs, is part of this commitment.
Philadelphia's 2023 plant-based cream cheese launch represents a sustainability-adjacent initiative, as plant-based dairy alternatives generally have a lower environmental footprint than traditional dairy products in terms of land use, water consumption, and greenhouse gas emissions.
The brand sources dairy from suppliers across the United States and internationally. Kraft Heinz has stated that it works with dairy suppliers who implement environmentally responsible farming practices, but Philadelphia-specific sourcing standards are not publicly detailed.
No greenwashing controversies have been documented against Philadelphia. The brand does not make environmental claims that would require independent verification beyond Kraft Heinz's corporate-level reporting.
Philadelphia does not have a documented record of formal industry awards. The brand's recognition comes from its market position and consumer trust rather than competitive accolades.
Philadelphia has been recognized as the best-selling cream cheese brand in the United States by market research firms including IRI and Nielsen. The brand's market dominance has been noted in food industry publications including Food Dive and Progressive Grocer.
The 2023 plant-based cream cheese launch received coverage in food industry media, including Marketing Dive and Food Dive, which noted Philadelphia as the first mainstream cream cheese brand to offer a nationwide plant-based option.
Philadelphia's advertising campaigns have been covered by marketing trade publications. The brand's positioning as a kitchen staple rather than just a bagel spread has been noted in advertising industry analysis.
In September 2023, Kraft Heinz issued a voluntary recall of approximately 83,800 cases of Kraft Singles American processed cheese slices due to a choking hazard. A thin strip of plastic film could remain on the slice after the wrapper was removed. Six consumer complaints of choking or gagging were reported. No serious injuries occurred. Kraft Heinz fixed the affected wrapping machine and inspected all other processing machines. This recall affected Kraft Singles products, not Philadelphia cream cheese, but the incident drew attention to packaging safety across Kraft Heinz's cheese portfolio.
Kraft Heinz faced a significant financial controversy in 2019 when the company wrote down 15.4 billion USD in brand value, reflecting aggressive cost-cutting under 3G Capital's management approach. This writedown affected the valuation of several Kraft Heinz brands, though Philadelphia was not specifically identified as impaired. The incident raised concerns about whether cost-cutting was compromising product quality across the portfolio.
The broader cream cheese and dairy category has faced scrutiny regarding animal welfare in dairy farming. Kraft Heinz has stated that it works with suppliers who meet animal welfare standards, but Philadelphia-specific animal welfare policies are not publicly detailed.
No product recalls specific to Philadelphia cream cheese have been documented as of 2026. The brand has not been subject to FDA enforcement actions or safety alerts specific to its products.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| The Magnum Ice Cream Company | USA | 1978 | Premium | Global | All-ages | |
| Unilever | USA (Unilever North America HQ) | 1919 | Mass market | United states | All-ages | |
| The Magnum Ice Cream Company | United States | 1866 | Mass market | United states | All Genders | |
| Danone | USA | 1942 | Mass market | United states | All Genders | |
| Nestle | Switzerland (corporate) | 1927 | Mass market | United states | All-consumers | |
| Unilever | USA | 1913 | Mass market | North america | All Genders |
Food BeverageOwned by The Magnum Ice Cream Company N.V.
American ice cream company known for unique flavors and social activism, now owned by The Magnum Ice Cream Company following Unilever's December 2025 demerger.
Food BeverageOwned by Unilever plc
American mayonnaise and condiment brand owned by Unilever, known as Hellmann's east of the Rocky Mountains.
Food BeverageOwned by The Magnum Ice Cream Company N.V.
American ice cream brand and the oldest manufacturer of ice cream in the United States, now owned by The Magnum Ice Cream Company (NYSE: MICC) following Unilever ice cream division spinoff.
Food BeverageOwned by Danone S.A.
Mass-market US yogurt brand owned by Danone S.A. (Euronext Paris: BN), covering Original, Light & Fit, and Danimals product lines. One of the oldest yogurt brands in the United States, founded in 1942.
Food BeverageOwned by Nestlé S.A.
Baby food and infant nutrition brand founded in 1927 in Fremont, Michigan. Owned by Nestle S.A. (SIX: NESN) since 2007. The leading baby food brand in North America with approximately 80% market share in jarred baby food.
Food BeverageOwned by Unilever plc
American mayonnaise and condiment brand founded in 1913 by Richard Hellmann in New York City. Owned by Unilever (LSE: ULVR) and set to transfer to McCormick & Company (NYSE: MKC) in a deal expected to close mid-2027. Sold as Best Foods west of the Rocky Mountains.
Market Positioning: Philadelphia competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Looking for brands with different ownership structures? These similar brands are not owned by Kraft Heinz Company, giving you alternative choices that support different corporate structures.
Food BeverageOwned by HelloFresh SE
German meal kit delivery company providing pre-portioned ingredients and recipes for home cooking, publicly traded on the Frankfurt Stock Exchange.
HelloFresh operates independently without a large parent corporation.
Food BeverageOwned by Red Bull
Austrian energy drink brand and the world's best-selling energy drink by volume, owned by Red Bull GmbH, a privately held company controlled by the Yoovidhya family and the estate of Dietrich Mateschitz.
Red Bull operates independently without a large parent corporation.
Food BeverageOwned by Barilla Group
Italian pasta and food brand owned by Barilla Group, a leading global pasta and sauce manufacturer.
Barilla is owned by Barilla Group, a private company, a different structure than Philadelphia's parent.
Food BeverageOwned by JAB Holding Company
American doughnut brand founded in 1937, publicly traded on NASDAQ (DNUT) with JAB Holding as largest shareholder at 43%. Operates over 2,100 shops globally with a hub-and-spoke distribution model.
Krispy Kreme is owned by JAB Holding Company, a private company, a different structure than Philadelphia's parent.
Food BeverageOwned by Mars, Incorporated
Candy-coated chocolate confections produced by Mars, Incorporated, one of the world's best-selling candy brands since 1941.
M&M's is owned by Mars, Incorporated, a private company, a different structure than Philadelphia's parent.
Food BeverageOwned by Mars, Incorporated
American nougat, caramel, and chocolate candy bar owned by Mars, Incorporated, introduced in 1923. One of the oldest candy bars still in production in the United States, with a distinct formulation difference between US and European versions.
Milky Way is owned by Mars, Incorporated, a private company, a different structure than Philadelphia's parent.
Discover popular brands and companies in the Food & Beverage category and related searches from other users.

American lemon-lime flavored carbonated soft drink brand known for its crisp, clean taste and caffeine-free formula.

Probiotic yogurt brand owned by Danone SA, sold in more than 70 countries. Activia is positioned as a digestive health product and is one of Danone's highest-revenue dairy brands globally.

British chocolate brand known for its distinctive aerated, bubbly texture, produced and distributed by Nestle and sold primarily in the United Kingdom, Canada, and select international markets.