TOP-20 companies provide 40% of the world's milk processing volume

TOP-20 companies provide 40% of the world's milk processing volume

The TOP-20 companies account for 25% of the world's milk production and 40% of the volume of milk received for processing. For 10 years (2010-2020), the volume of TOP-20 milk processing has increased by 50 million tons. In 2020, the total volume of TOP-20 milk processing amounted to 212 million tons. Dairy Farmers of America ( USA , milk processing volume of 28.6 million tons) remains in first place in terms of milk processing volumes. In 2020, five companies moved up the rankings, all headquartered in Europe: Lactalis (surpassed Fonterra to rank second), Glanbia Group (up from 12th to 11th), Danone (up from 18th to 13th) ), Müller (from 17th to 16th place), Savencia (from 20th to 19th place).

IFCN analysts note that among the world's largest milk processing companies there is no clearly dominant player, the gap between the companies is not that big.

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