Top 10 Biggest Dairy Companies In Europe By Turnover
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| The Biggest Dairy Companies In Europe By Turnover |
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Facts about dairy market in Europe
1. The size of the Europe Dairy Market is estimated to be 199.48 billion USD in 2023 and 253.08 billion USD by 2029, growing at a CAGR of 4.05% during the forecast period (2023-2029).
2. France is the largest dairy producer in Europe. France, Europe's second largest producer of milk after Germany, with 54% run as farm companies, has a large influence on milk consumption during the study period.
3. Yogurt is the fastest-growing category in the European Dairy Market. The availability of numerous flavors, growing consumer indulgence in exotic flavors, and significant investments by manufacturers are driving demand for yogurt.
Top 10 Biggest Dairy Companies In Europe By Turnover
1. Lactalis (France)
Turnover: €27.2 billion
Lactalis is a French multinational dairy company that manufactures and sells dairy products such as milk, cheese, yogurt, and butter. The company operates in over 100 countries and is the world's largest cheese producer. Lactalis is committed to sustainability and has set lofty goals to reduce its environmental footprint and promote sustainable agriculture practices.
According to Rabobank, Lactalis crossed the €20 billion threshold for the first time in 2020, and acquisitions like those of Jalna Dairy Foods, BMI's fresh dairy business in Germany, and Verdannet in France have aided its growth.
READ MORE: Top 7 Biggest Dairy Companies in the World!
2. Nestlé (Switzerland)
Turnover: €22.1 billion
Nestlé, a household name in the food and beverage industry, ranks third with a turnover of €22.1 billion. It has dropped one spot in the rankings since last year.
Nestlé recently exceeded first-half sales expectations, reporting an 8.7% increase in organic sales.
3. Danone (France)
Turnover: €20.1 billion
Danone is a multinational French food and beverage company best known for its dairy products such as yogurt, cheese, and milk. The company was established in 1919 and now has a presence in over 120 countries. Danone is deeply committed to sustainability and social responsibility, and has set lofty targets to reduce its carbon footprint and achieve carbon neutrality by 2050. In addition, the company assists small-scale farmers and promotes sustainable agricultural practices. Danone manufactures bottled water, baby food, and medical nutrition products in addition to dairy products.
Danone is a 1919 French multinational food and beverage corporation. It is well-known for its extensive line of dairy products, including yogurt, cheese, and milk. In addition, the company manufactures bottled water, baby food, and medical nutrition products. Danone has a strong commitment to sustainability and social responsibility and operates in over 120 countries.
4. Arla Foods (Denmark/Sweden)
Turnover: 13.8 billion euros
Arla Foods is a Danish-Swedish multinational dairy company founded in 2000 by the merger of Swedish dairy cooperative Arla and Danish dairy company MD Foods. The company operates in over 100 countries and is the world's largest producer of organic milk. Arla Foods operates on a cooperative model, supplying milk to the company from over 10,000 farmers. The company manufactures a wide variety of dairy products such as milk, cheese, butter, and yogurt. Arla Foods is committed to sustainability and has set lofty targets to reduce its carbon footprint and achieve carbon net zero status by 2050.
5. FrieslandCampina (Netherlands)
Turnover: €13.7 billion
FrieslandCampina is a Dutch multinational dairy cooperative founded in 2008 by the merger of Friesland Foods and Campina. Milk, cheese, butter, and yogurt are among the dairy products produced and sold by the company. FrieslandCampina has over 24,000 member farmers and operates in over 100 countries. The company is dedicated to sustainability and has set lofty targets to reduce its carbon footprint and achieve climate neutrality by 2050
6. Savingcia (France)
Turnover: €6.6 billion
Savencia, based in France, is ranked thirteenth with a turnover of €6.6 billion, down one position from last year.
In recent months, the group's Cheese Products division has been a key sales driver, owing to price increases.
7. Müller (Germany)
Turnover: €6.2 billion
Müller is a German dairy company that was founded in 1896 and manufactures and sells milk, yogurt, cheese, and butter. The company operates in Europe and the United States and is committed to innovation and sustainability. Müller is dedicated to reducing its environmental impact and has set lofty targets for lowering its carbon footprint and water consumption.
8. Sodiaal (France)
Turnover: €5.5B
Sodiaal, a French dairy cooperative, ranks seventeenth with a turnover of €5.5 billion. Since last year, the group has dropped three places.
9. DMK (Germany)
Turnover: €5.3B
With a turnover of €5.3 billion, Germany's DMK Group maintains its eighth-place position from last year.
In June, the company announced that 2022 would be its'most successful' fiscal year to date.
10. Froneri (UK)
Turnover: €5.1 billion
based in the United Kingdom Froneri is ranked nineteenth with a €5.1 billion revenue. Froneri, which specializes in ice cream and frozen desserts, has risen one spot since last year.
Conclusion
European countries are well-known for being the world's largest producers of dairy products. These companies are the largest dairy companies in Europe, with combined revenues of up to €27.2 billion.
Their products are all of high quality and are trusted by customers all over the world, not just in Europe.
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