FrieslandCampina no longer in the top 5 in dairy

FrieslandCampina is no longer one of the top 5 largest dairy companies in the world, according to a ranking by Rabobank based on turnover in 2019 and completed acquisitions in the first half of 2020. 

The Dutch dairy cooperative has been surpassed by an American and a Chinese processor. The New Zealand Fonterra is no longer in the top 5. With a turnover of $12,6 billion, FrieslandCampina is in 7th place this year. Although there are significant shifts in the list, the top 2 of the ranking remains unchanged.

Nestlé at the top
Swiss Nestlé is still in the lead with sales of $22 billion, followed by French dairy processor Lactalis, which achieved sales of $21 billion last year. New in the top 3 is the American dairy cooperative Dairy Farmers of America who were able to report sales above $20 billion. Last year, this company was still in 6th place, but thanks to the takeover of the bankrupt Dean Foods they rise a few spots.

Yili biggest riser
The Chinese Yili is also doing well, moving from 8th to 5th place. Turnover last year was $13,4 billion, 20% higher than the year before. The Chinese dairy giant is growing fast, partly thanks to the acquisition of the Chinese dairy cooperative Westland. Dairy cooperative Arla Foods drops from 7th to 9th place with a turnover of $11,8 billion. Outside the top 10, the German dairy cooperative DMK rises from 13th to 11th place.

Wouter Job

Wouter Baan is Head of Meat & Dairy at BoerenbusinessAt DCA Market Intelligence, he focuses on dairy, pork, and meat markets. He also monitors (business) developments within agribusiness and interviews CEOs and policymakers.

w.baan@boerenbusiness. Nl

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