Switzerland: Nestle maintains status as the world’s biggest dairy company

According to the Rabobank ranking for the year 2014, the Swiss company Nestle has maintained its positioned as the biggest dairy company in the world, with a total annual turnover of €20.9 billion ($23.2 billion).

The French companies Lactalis (€14.7 billion / $16.3 billion) and Danone (€14.6 billion / $16.2 billion) made it to second and third positions, changing places compared to the 2013 ranking. The fourth place was taken by New Zealand dairy specialist Fonterra, with turnover of €13.9 billion ($15.4 billion).

Meanwhile, for the first time in eight years a new company has entered the top five ranking for global dairy companies. This was accomplished by the USA -based company Dairy Farmers of America with total turnover of €13.5 billion ($15.0 billion), displacing Friesland Campina to number 6 in the ranking, with a turnover of €11.1 billion ($12.3 billion).

Source: Schweizerbauer