Over 25% of milk worldwide is processed by the top 20 dairy giants. This is according to the latest data from IFCN, the Dairy Research Network.
The IFCN Top 20 list of milk processors around the globe is published every second year and shows the market share of biggest milk processor giants. The top 20 milk processors collect 211 million tonne ME milk, 25.4% of produced milk worldwide.
Dairy Farmers of America tops list
The list shows that 25.4% of produced milk worldwide is processed from top 20 dairy giants. The total collection of top 20 milk processors rose steadily from 200 in 2015 to 211 million tonnes of milk in 2017. Like the 2016 ranking, Dairy Farmers of America topped the list in 2018 with 29.2 million tonnes milk intake holding 3.5% of the total market share of world’s total milk production. Top 3 Leaders DFA, Fonterra, Lactalis of the list remain their position. The companies Arla, Nestlé and Friesland Campina take ranks 4 to 6 with milk intake of ca. 14 million tonnes milk intake. Saputo increased intake by about 2.1 million tonnes milk through the acquisition of the Australian Murray Goulburn company.
Amul from India makes jump
Amul from India is a new entry in the Top 10 ranking in 2018 with 9.3 million tonnes milk – shifts from 13th to 9th position since previous ranking in 2016. This shift was driven by growing milk intake and the fact that IFCN decided to standardise milk intake from natural content to 4% fat and 3.3% protein. 2 big Chinese milk processors, Yili Group and Mengniu show a rise in milk intake by about 1 million tonnes since 2016 ranking list, together summed 13.6 million tonnes milk. It is worth mentioning that estimated turnover per kg milk ranges between US$ 0.5-2.0 per kg in 2017 which is average US$ 1.0 for top 20 milk processors. New in the list is Bongrain/Savencia. Land O‘Lakes is out of the top 20 this year.
To comment, register here
Or register to be able to comment.