The world's largest dairy companies by revenue made with dairy products are estimated and ranked annually by the Rabobank.
2024 +Largest dairy companies by dairy revenue (FY 2023)RankCompanyHeadquartersDairy product revenue in bn. US$1Lactalis30.22Nestlé24.13Dairy Farmers of America21.74Danone19.75Yili Group17.56Fonterra15.17Arla Foods14.88FrieslandCampina14.19Mengniu Dairy13.910Saputo Inc.12.811Amul1112Unilever8.713Schreiber Foods7.414Savencia Fromage & Dairy7.415Müller6.716Sodiaal6.317Agropur6.118DMK Deutsches Milchkontor5.919Froneri5.720Grupo Lala5.6 2023 +Largest dairy companies by dairy revenue (FY 2022)RankCompanyHeadquartersDairy product revenue in bn. US$1Lactalis28.62Dairy Farmers of America24.53Nestlé23.34Danone21.25Yili Group18.36Arla Foods14.57FrieslandCampina14.48Mengniu Dairy14.49Fonterra14.210Saputo Inc.13.711Unilever8.312Amul7.013Savencia Fromage & Dairy6.914Müller6.515Agropur6.516Schreiber Foods6.517Sodiaal5.818DMK Deutsches Milchkontor5.519Froneri5.320Glanbia5.1 2022 +Largest dairy companies by dairy revenue (FY 2021)RankCompanyHeadquartersDairy product revenue in bn. US$1Nestlé26.72Lactalis21.33Danone20.94Dairy Farmers of America19.35Yili Group18.26Fonterra14.87Mengniu Dairy13.78FrieslandCampina13.69Arla Foods13.310Saputo Inc.12.011Amul9.612Savencia Fromage & Dairy6.613Unilever6.314Sodiaal5.915Meiji Holdings5.916Agropur5.817Müller5.718DMK Deutsches Milchkontor5.219Schreiber Foods5.120Froneri5.0
2021 +Largest dairy companies by dairy revenue (FY 2020)RankCompanyHeadquartersDairy product revenue in bn. US$1Nestlé23.02Lactalis21.03Dairy Farmers of America19.04Danone17.35Yili Group13.86Fonterra13.67FrieslandCampina12.78Arla Foods12.19Mengniu Dairy11.010Saputo Inc.10.711Unilever6.612DMK Deutsches Milchkontor6.413Meiji Holdings6.014Savencia Fromage & Dairy5.915Kraft Heinz5.616Agropur5.617Sodiaal5.518Amul5.319Schreiber Foods5.120Müller5.1
2020 +Largest dairy companies by dairy revenue (FY 2019)RankCompanyHeadquartersDairy product revenue in bn. US$1Nestlé22.12Lactalis21.03Dairy Farmers of America20.14Danone18.25Yili Group13.46Fonterra13.27FrieslandCampina12.68Mengniu Dairy11.99Arla Foods11.810Saputo Inc.11.311DMK Deutsches Milchkontor6.512Unilever6.413Meiji Holdings5.914Sodiaal5.715Savencia Fromage & Dairy5.616Amul5.517Agropur5.518Kraft Heinz5.419Schreiber Foods5.120Müller4.9
2019 +Largest dairy companies by dairy revenue (FY 2018)RankCompanyHeadquartersDairy product revenue in bn. US$1Nestlé24.32Lactalis20.83Danone18.04Fonterra14.35FrieslandCampina13.86Dairy Farmers of America13.67Arla Foods12.48Yili Group11.29Saputo Inc.11.010Mengniu Dairy10.311Dean Foods7.512Unilever, 6.713DMK Deutsches Milchkontor6.714Kraft Heinz6.015Sodiaal6.016Meiji Holdings5.817Savencia Fromage & Dairy5.718Agropur5.219Schreiber Foods5.120Müller5.1
2018 +Largest dairy companies by dairy revenue (FY 2017)RankCompanyHeadquartersDairy product revenue in bn. US$1Nestlé24.22Lactalis19.93Danone17.64Dairy Farmers of America14.75Fonterra13.76FrieslandCampina13.67Arla Foods11.78Saputo Inc.10.89Yili Group9.910Mengniu Dairy8.811Dean Foods7.512Unilever, 7.013DMK Deutsches Milchkontor6.514Kraft Heinz6.215Meiji Holdings5.816Sodiaal5.817Savencia Fromage & Dairy5.518Müller5.119Agropur5.120Schreiber Foods5.0
2017 +Largest dairy companies by dairy revenue (FY 2016)RankCompanyHeadquartersDairy product revenue in bn. US$1Nestlé24.02Danone18.33Lactalis18.04Dairy Farmers of America13.55FrieslandCampina12.36Fonterra12.07Arla Foods9.98Yili Group9.09Saputo Inc.8.410Mengniu Dairy8.211Dean Foods7.412Unilever, 6.913Kraft Heinz6.414Meiji Holdings6.115DMK Deutsches Milchkontor5.616Sodiaal5.317Schreiber Foods4.918Savencia Fromage & Dairy4.919Müller4.920Agropur4.6
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