Dairy products also known as lacticinia, are food products that contain or are made from milk. Most common dairy animals are buffalo, goat, cow, sheep. Dairy products are yoghurt, cheese, ice cream, chocolate found in western grocery stores. A dairy is a facility where production of dairy products takes place.
By the end of 2030 the global Dairy Products Market is expected to surpass US$ 640.8 Billion, in revenue and is exhibiting a CAGR of 3.2% during the years (2022-2030).
Prominent Companies in the Dairy Products Industry:
1) Dean Foods
Dean Foods was an American food and Beverage Company and also the largest dairy company in the United States. The products manufactured by the company included Ice cream, chees, juices, milk etc. The company was founded in the year 1925 and the headquarters are located in Dallas, Texas, U.S. the company was founded by Samuel E. Dean Sr.
2) Nestle S.A.
Nestle S.A. is a Swiss multinational food and drink processing company. The headquarters are located in Vevey, Vaud, Switzerland. The company was founded in the year 1866. Products manufactured include baby food, cereals, dairy products, ice cream, frozen food, pet food. Etc. The company was founded by Henri Nestle.
In January 2022 Nestlé’s Health Science had acquired the Brazilian organic natural, plant- based food maker Pura Vida. In April 2021 the company acquired Bountiful Company a vitamin manufacturing company.
3) Dairy Farmers of America Inc.
Dairy Farmers of America is a national milk marketing cooperative in the U.S. the company sells milk, dairy products, and shelf-stable dairy products mainly to wholesale buyers. DFA was founded in the year 1998 and the headquarters are located in Kansas City, Kansas, United States. In May 2020 DFA completed the acquisition of a substantial part of Dean Foods, which is the largest U.S. milk producer.
4) Unilever Plc.
Unilever Plc. Is a British multinational consumer good company known for its large brands like Lifebuoy, Lux, and Magnum, Sunsilk and Dove the Company was founded in the year 1929 and the headquarters are located in London, England, U.K. The company was founded by a merger of operations of Margarine Unie and Lever Brothers.
In May 2022 Unilever acquired majority stake in Nutrafol, which is a leading provider of hair care products. In April 2021, the company established a beauty business, Elida Beauty
5) Fonterra Co-operative Group Limited
Fonterra is a multinational dairy company that produces approximately 30% of the world’s dairy exports. It is New Zealand’s largest company and the sixth largest dairy company in the world. Products manufactured include Milk, Butter, Cheese, Yoghurt. The company was founded in the year 2001 and the headquarters are located in Auckland, New Zealand. The company was founded by merging New Zealand Dairy Group and Kiwi co-operative Dairies.
In 2022, the company’s Maungaturoto site was recognized at the Water New Zealand Excellence Award for reducing the water usage by 25%.
6) Saputo Inc.
Saputo Inc. is a dairy company situated in Montreal, Quebec. The company produces a wide range of dairy products, cheese, cultured products, cream products etc. The company was founded in the year 1954 and the headquarters are located in Montreal, Quebec, Canada. The company was founded by Lino Saputo.
