5 Biggest Dairy Companies In The World

In this article, we discuss the 5 biggest dairy companies in the world. If you want to read about some more dairy companies, go directly to 15 Biggest Dairy Companies In The World.

5. Yili Group 

With annual earnings of $18.2 billion, the biggest dairy company in China is Yili, which has its headquarters in Hohhot. Yili processes and manufactures milk, ice cream, milk tea powder, fresh milk, and sterilized milk. The business was established in 1993 and served as an official sponsor of the 2008 Summer Olympics in Beijing. In the first half of 2022, Yili made $890 million in profit which is 15.4% more than the previous year.

4. Dairy Farmers of America 

Since Dairy Farmers of America is a cooperative, it is co-owned by the 13,000 farmers who send their milk products to DFA facilities to process, package, and sell their milk. The bulk of these firms are local and source their ingredients from farms in the area they serve. The annual revenue in FY2021 was $19.3 billion.

3. Danone 

One of the biggest beverage corporations in the world, Danone is also included in this list. With its headquarters in Paris, this global corporation from Europe today markets its goods in more than 120 nations. They earned $20.9 billion in 2021. 

2. Nestle 

Nestle, based in Switzerland, is a multinational food company with annual revenue of $21.3 billion in FY 2021 and market cap of $298.65 billion. This makes Nestle the 22nd most valuable company by market capitalization. Nestle employs more than a quarter million people in 189 countries in 447 factories. A few famous brands include Nescafe, Kitkat, Nesquik, Smarties, and Vittel.

1. Lactalis 

The largest dairy product firm with annual revenue of $26.7 billion, Lactalis is owned by the Besnier Family. It is also the second largest food company in France. 75,000 people are employed by Lactalis globally, at 250 production facilities in 50 nations. Moreover, Lactalis leads the world’s cheese market with 36% of its total revenue attributed to the product. Lactalis refused to withdraw from Russian markets after the Russian invasion of Ukraine in 2022. This led to controversies against them.

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